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Global Nitrogenous Fertilizer Market 2019-2023

Global Nitrogenous Fertilizer Market 2019-2023

About this market

The growing demand for fertilizers is one of the critical factors expected to propel the nitrogenous fertilizer market growth during the forecast period. Agricultural activities are increasingly rising for catering the rapidly rising population, which, will further surge the demand during the forecast period. As a result, with the rising shrinkage of arable land amid constant urbanization and industrialization, the demand for nitrogenous fertilizers will ramp up for enhancing agricultural yield per hectare. Technavio’s analysts have predicted that the nitrogenous fertilizer market will register a CAGR of almost 2% by 2023.

Market Overview

Decreasing arable land

One of the growth drivers of the global nitrogenous fertilizer market is the decreasing arable land. The shrinkage in arable land is expected to see strong demand for high crop yields from the arable land available, and this will raise the need for fertilizers such as nitrogenous fertilizers during the forecast period.

Increasing consumption of organic food

One of the challenges in the growth of the global nitrogenous fertilizer market is the increasing consumption of organic food. The growing demand for organic farming foods is expected to reduce the use of urea during forecast period, which would be restrict the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the nitrogenous fertilizer market during 019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Nitrogenous Fertilizer Market 2019-2023

Technavio recognizes the following companies as the key players in the global nitrogenous fertilizer market: CF Industries Holdings, Inc., EuroChem, Nutrien Ltd., OCI NV, SABIC, and Yara.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the adoption of precision farming.”

According to the report, one of the major drivers for this market is the increasing demand for nitrogenous fertilizers in China and India.

Further, the report states that one of the major factors hindering the growth of this market is the increasing consumption of organic food.

Companies Mentioned

CF Industries Holdings, Inc.
EuroChem
Nutrien Ltd.
OCI NV
SABIC
Yara

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global fertilizers market
      • Table Segments of global fertilizers market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (million t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Urea - Market size and forecast 2018-2023
      • Table Urea - Market size and forecast 2018-2023 (million t)
      • Table Urea - Year-over-year growth 2019-2023 (%)
    • NPK - Market size and forecast 2018-2023
      • Table NPK - Market size and forecast 2018-2023 (million t)
      • Table NPK - Year-over-year growth 2019-2023 (%)
    • CAN and AN - Market size and forecast 2018-2023
      • Table CAN and AN - Market size and forecast 2018-2023 (million t)
      • Table CAN and AN - Year-over-year growth 2019-2023 (%)
    • DAP and MAP - Market size and forecast 2018-2023
      • Table DAP and MAP - Market size and forecast 2018-2023 (million t)
      • Table DAP and MAP - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (million t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (million t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (million t)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (million t)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (million t)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 (million t)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table World population (billions) versus arable land (hectares per person) 1950-2050
    • Market challenges
      • Table Natural gas prices in 2018
      • Table The fertilizer price index for the period 2011 to 2018
      • Table Impact of drivers and challenges
  • Market trends
    • Adoption of precision farming
    • Urbanization
      • Table Population split in India (%)
    • Increasing ammonia production capacity
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • CF Industries Holdings, Inc.
      • Table CF Industries Holdings, Inc. - Vendor overview
      • Table CF Industries Holdings, Inc. - Product segments
      • Table CF Industries Holdings, Inc. - Organizational developments
      • Table CF Industries Holdings, Inc. - Geographic focus
      • Table CF Industries Holdings, Inc. - Segment focus
      • Table CF Industries Holdings, Inc. - Key offerings
    • EuroChem
      • Table EuroChem - Vendor overview
      • Table EuroChem - Business segments
      • Table EuroChem - Organizational developments
      • Table EuroChem - Geographic focus
      • Table EuroChem - Segment focus
      • Table EuroChem - Key offerings
    • Nutrien Ltd.
      • Table Nutrien Ltd. - Vendor overview
      • Table Nutrien Ltd. - Business segments
      • Table Nutrien Ltd. - Organizational developments
      • Table Nutrien Ltd. - Geographic focus
      • Table Nutrien Ltd. - Segment focus
      • Table Nutrien Ltd. - Key offerings
    • OCI NV
      • Table OCI NV - Vendor overview
      • Table OCI NV - Business segments
      • Table OCI NV - Organizational developments
      • Table OCI NV - Geographic focus
      • Table OCI NV - Segment focus
      • Table OCI NV - Key offerings
    • SABIC
      • Table SABIC - Vendor overview
      • Table SABIC - Business segments
      • Table SABIC - Organizational developments
      • Table SABIC - Geographic focus
      • Table SABIC - Segment focus
      • Table SABIC - Key offerings
    • Yara
      • Table Yara - Vendor overview
      • Table Yara - Business segments
      • Table Yara - Organizational developments
      • Table Yara - Geographic focus
      • Table Yara - Segment focus
      • Table Yara - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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