Title: Nitrogen Nutrients Market Research Reports & Industry Analysis, 2016 – 2024
1Nitrogen Nutrients Market Share, Growth,
Analysis, Statistics, Trends, Forecast Report,
2024 Global Market Insights Inc.
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2 Regional Analysis of Nitrogen Nutrients Market
- North America accounted for largest chunk of
nitrogen nutrients market share in 2016 owing to
the increased use of modernized technologies for
agriculture and farming. The agricultural methods
and practices have also transformed in this
region, which are supportive for better product
yield and thus, boost the overall product demand
in the coming years. Both, Europe and North
America are likely to witness considerable
production capacity expansion over the forecast
period. - Asia Pacific shall witness a sluggish growth
owing to the major alterations in government
policies regarding fertilizers production and
use. For instance, China adopted zero-growth
strategy that limits nutrients fertilizers
consumption up to 1 per year only, thereby
affecting a widespread Asia Pacific nitrogen
nutrients market share. It also recently seized
its ammonia production units, amounting to 15
million tons, which ultimately had a major blow
on nitrogen nutrients market in Asia Pacific.
3- Application Analysis of Nitrogen Nutrients Market
- Based on type of product, nitrogen nutrients
market is classified into natural and synthetic
sources. Natural source includes both plant and
animal derived materials, whereas synthetic
source includes processed mineral salts such as
chilean nitrate. Natural is forecast to exhibit
maximum gains over the forecast timeframe on
account of its easy availability along with low
cost. - The nitrogen nutrients market, based on product
form is segmented into liquid and dry. The liquid
segment held a major chunk of global market in
2016 owing to its easy availability and
solubility in water. - The product is primarily used in agricultural
industry in fertilizers, supplements and soil
amendments applications. Approximately 70 of
product demand for plants is met by fertilizers
across the globe. Thus, it accounted for largest
share in global nitrogen nutrients market in 2016
in terms of revenue. Soil amendment chemicals
include soil softeners and conditioners that
improve texture, fertility and other physical
qualities of soil.
4 Competitive Market Share of Nitrogen Nutrients
Market
- The prominent nitrogen nutrients market share
contributors functional are PotashCorp, KS
AKTIENGESELLSCHAFT, Mosaic, CF Industries,
Belaruskali, Conklin Company Partners Inc. and
Agro-Culture Liquid Fertilizers, The Scotts
Miracle-Gro Company, Alpine Solutions
Corporation, Grassland Agro Limited, Yara
International ASA, Miller Seed Company, Nachurs
Alpine Solutions Corp, StollerUsa Inc. and EC
Grow. Product manufacturers are conducting
research development so as to make farmers
aware regarding the usage of the product in soil
enhancement.
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