(Australia-NewsWire.Com, January 16, 2017 ) Nitrogen is the most essential nutrient needed for the plants for their growth and development. Though available in abundance in the environment, it is not promptly taken by all plants.
Nitrogenous fertilizers are inorganic in nature and are typically utilised in the agriculture industry. It consists of nitrous complexes such as ammonium sulphate, Calcium Nitrate, calcium ammonium nitrate and other compounds in minute amounts. Fertility of soil and the type of crop used are the factors that decide the quantity of nitrogenous fertilizers required.
Factors such as globally increasing population, rising disposable income, and high efficiency of nitrogenous fertilizers drive the growth of the Global Nitrogenous Fertilizers Market.However, different regulatory structures, volatile economies, and various environmental and health hazards linked with nitrogen-based fertilizers are the major restraining factors for the market
The nitrogenous fertilizers market is segmented as follows:
The global market for Nitrogenous fertilizers is extremely consolidated and streamlined owing to the existence of only a handful of companies. The major companies dominating this market are Yara International ASA, Agrium Inc., Coromandel International Ltd., KOCH Industries Inc., CF Industries Holdings Inc., and Sinofert Holdings Ltd.
Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation thats trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.