|By PR Newswire||
|March 25, 2014 05:31 AM EDT||
DALLAS, March 25, 2014 /PRNewswire/ --
The report "Nitrogenous Fertilizers Market By Active Ingredient (Urea, Ammonium Nitrate, Sodium Nitrate, Ammonium Sulfate, CAN, UAN Calcium Nitrate, Ammonium Chloride), By Crop Type (Cereals & Grains, Oil Seeds, Fruits & Vegetables), By Geography: Trends & Forecasts To 2018", defines and segments the global nitrogenous fertilizers market with an analysis and forecast of its global value.
Browse more than 119 market data tables with 20 figures spread through 203 pages and in-depth TOC on "Nitrogenous fertilizers market - Global Market Trends & Forecast to 2018"
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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). 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 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.
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