Nitrogenous Fertilizer Market worth $113,998.2 Million By 2018

Wednesday 16 April 2014, Amsterdam

Nitrogenous Fertilizer Market worth $113,998.2 Million By 2018
It also identifies driving and restraining factors for the global nitrogenous fertilizers market with the analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and the values are forecasted on the basis of major regions such as North America, Europe, APAC (Asia-Pacific), and Rest of the World (ROW).

The demand for fertilizers is escalating worldwide while China, India and other developing nations around the world are stepping up their agricultural output and encouraging farmers to fertilize heavily to produce a higher yield. A combination of depleted fertilizer inventories, capacity delays, and production shutdowns due to political unrest, has provided traction for sustained prices. Population and economic growths are the key forces that continue to drive the increased food demand, crop production, and additional use of nitrogenous fertilizers. Farmers, especially those in more developed agricultural economies, will strive to enhance soil productivity to maximize returns from each acre and at the same time, will be expected to sustain yield productivity over the next five years in the global nitrogen fertilizer market.

This research report categorizes the global nitrogenous fertilizers market on the basis of type, crop types, and geography. The global nitrogenous fertilizer market by type generated a value of $98,627.9 million in 2012 and is anticipated to grow at a CAGR of 2.2% by 2018 to be valued at $113,998.2 million by 2018. The global market value of the nitrogenous fertilizer consumed by the Grains and Oilseeds segment was $59,630.8 million with a projected CAGR of 2.4% for the term 2013-2018.
Nitrogenous Fertilizers Market - Trends & Forecasts To 2018

Nitrogenous Fertilizers Market - Trends & Forecasts To 2018

Publish date : March 2014
Report code : ASDR-102524
Pages : 203

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