Description

Nitrogenous Fertilizers Market was valued US $ 68 billion in 2020 and projected to reach US $ 111 billion by 2027 at a CAGR of 7.2% during the forecast period 2021-2027. Nitrogenous Fertilizers Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Mn) of product type, crop type, mode of application, and geographic regions. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply of global market. Nitrogen enables the crops to grow fast, provides better colour, texture, and increases agricultural productivity. Different institutions across the globe are associated with spreading mindfulness in regards to the utilization of items that are useful for agricultural yield. Some of them incorporate the International Fertilizer Development Center (IFDC) and Global Alliance for Climate-Smart Agriculture (GACSA). Such drives have prompted an ascent in the worldwide utilization of nitrogenous fertilizers. In August 2014, Tata Chemicals launched Tata Paras ammonium phosphate sulfur fertilizer.

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