Market Research Analysis Nitrogenous Fertilizer Market - Global Industry

Nitrogenous Fertilizer Market Analysis, Share and
Size, Trends, Industry Growth and Segment
Forecasts To 2022
“Nitrogen is very important for the growth and development of
plants. The factors that propel the growth of the market include
growth in demand for micronutrient fertilizer, technological
innovations in the fertilizer industry and growing demand for
bio-based fertilizer.”
Global Nitrogenous Fertilizer Market is anticipated to witness an exponential growth in the forecast period.
Nitrogenous fertilizers serve as an important source of nitrogen to the agricultural crops. Nitrogen is very important
for the growth and development of plants. The factors that propel the growth of the market include growth in demand
for micronutrient fertilizer, technological innovations in the fertilizer industry and growing demand for bio-based
fertilizer. On the other hand, there are factors that may hamper the growth of the market including high production
cost, low crop prices, and regulatory and environmental constraints. Globally, the market is anticipated to grow at a
significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the
globe.
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The market may be explored by type, crop type, application, form, and geography. Market may be explored by type
as Calcium ammonium nitrate (CAN), Urea, Ammonium sulfate, Ammonium nitrate, and Other nitrogenous fertilizers
(potassium nitrate, NPK blends, monoammonium phosphate (MAP), diammonium phosphate (DAP), and other
phosphate & nitrogen compounds). The “Urea” segment led the nitrogenous fertilizer market in 2015 and will continue
to lead in the forecast period. The Urea segment is likely to be followed by ammonium sulfate during the forthcoming
period.