Global Nitrogenous Fertilizer Market - Industry Analysis, Research Report and Forecast 2013 - 2019

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Global Nitrogenous Fertilizer Market”. This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Nitrogen helps in fast growth and provides better texture and color to plants and thus increases agricultural productivity. The Haber Bosch process is the most commonly used process for the production of nitrogenous fertilizers. Natural gas is among the major raw materials employed in Haber Bosch process. Other raw material sources include animal manure and compost, among others.

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The nitrogenous fertilizer market can be bifurcated on the basis of its ingredients that include nitrate, ammonium, urea, amine and others. Urea-based nitrogenous fertilizers have been the most dominant product segment in terms of consumption. Ammonium nitrate is expected to be the fastest growing segment in the near future. Nitrogenous fertilizers have been segregated on the basis of their end-use as grains, cereals and oil seeds, among other. Grains such as rice and corn dominate the global demand for nitrogenous fertilizer and the trend is expected to continue during the forecast period.

Demand for nitrogenous fertilizers is mainly dependent on the demand for food in any region. Hence, population and increasing disposable income are among the foremost driving factors for the nitrogenous fertilizer market growth. High productivity and subsequent yield of nitrogenous fertilizers and their comparative benefits over other fertilizers have been major factors driving the demand for these fertilizers. Extensive research & development activities by all major companies to develop more efficient and eco-friendly nitrogenous fertilizers have also been driving...