Nitrogen Fertilizer Market Report 2023 | Insights, Analysis, And Forecast 2032

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Nitrogen Fertilizer Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Nitrogen Fertilizer Market Segments
The Business Research Company segments its
nitrogen fertilizer market report as
Urea, Calcium Ammonium Nitrate (CAN), Ammonium
Nitrate, Ammonium Sulphate, Ammonia
By Type
By Form
Liquid, Dry
By Treatment
Soil, Foliar, Fertigation
By Application
Cereals Grains, Oilseeds Pulses, Fruits
Vegetables
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Market Statistics
The global nitrogen fertilizer market size will
grow from 87.48 billion in 2022 to 91.97
billion in 2023 at a compound annual growth rate
(CAGR) of 5.1. The global nitrogen fertilizer
market size is expected to grow from 111.84
billion in 2027 at a CAGR of 5.0.
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Key Market Drivers And Trends
Drivers
The urea market is witnessing rapid growth in the
fertilizer market as it controls air pollution by
catalytic reaction.
Trends
Governments are investing to uplift the
agricultural sector, thereby contributing to the
growth in demand for fertilizers.
Region
Asia-Pacific was the largest region in the
nitrogen fertilizer market in 2022. North America
was the second-largest region in the global
nitrogen fertilizer market. The regions covered
in the global nitrogen fertilizers market report
are Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East, and
Africa.
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Key Market Players

• Major players in the nitrogen fertilizer market
  are
• Yara International
• CF Industries Holdings Inc
• PJSC Togliattiazot
• Nutrien Inc
• OCI NV
• And more.

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