Technavio analyzes the nitrogenous fertilizer market by product (urea, NPK, CAN and AN, DAP and MAP, and others) and geography (APAC, North America, Europe, MEA, and South America).
By product, the market will observe significant growth in the urea segment. Urea contains a high concentration of nitrogen and is cost-effective compared to other types of nitrogenous fertilizers. This is increasing the demand for urea among farmers. Moreover, it has a neutral pH value and a wide application range. These factors are driving the growth of the segment.
By geography, APAC will have the largest share of the market. The region currently holds 67% of the global market share. Factors such as the increase in per capita income of consumers and a decline in arable land are driving the growth of the nitrogenous fertilizer market in APAC. China and India are the key markets for nitrogenous fertilizers in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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The market is driven by the increasing demand for nitrogenous fertilizers from developing countries. The demand for nitrogenous fertilizers has been continuously on the rise in developing countries such as India and China. Factors such as expanding population coupled and the shifting preference from grain-based to high protein-based diets have increased the consumption of fertilizers. Moreover, most of the population in India depends on agriculture. The country was one of the leading producers of wheat, sugarcane, rice, and fruits in 2021. Besides, the availability of government subsidies and incentives on the purchase of fertilizers have further increased the consumption and demand in these countries. All these factors are contributing to the growth of the global nitrogenous fertilizers market.
In addition, the adoption of precision farming will further accelerate the growth of the market during the forecast period. However, health concerns regarding the use of nitrogenous fertilizers will hinder market growth. The nitrogenous fertilizer market covers the following areas:
Companies Mentioned
AB Achema: The company offers nitrogenous fertilizers that provide plants with the required amount of nitrogen, which is especially important during the period of intensive growth, under the brand name Achema.
Acron Group: The company offers nitrogenous fertilizers that are essential for plant growth and development and widely applied to all soils, under the brand name Acron.
Agropolychim AD: The company offers nitrogenous fertilizers that represent effective and reliable nutrient sources to promote healthy crop growth and yield.
CF Industries Holdings Inc.: The company offers nitrogenous fertilizers that are produced by combining urea, nitric acid, and ammonia, with a nitrogen content that typically ranges from 28 percent to 32 percent.
EuroChem Group AG: The company offers nitrogenous fertilizers that are useful for all crops and play a fundamental role in healthy plant growth.
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Nitrogenous Fertilizer Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 1.61% |
Market growth 2022-2026 |
10290.69 thousand tons |
Market structure |
Fragmented |
YoY growth (%) |
1.35 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 67% |
Key consumer countries |
China, India, US, Russian Federation, and Brazil |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AB Achema, Acron Group, Agropolychim AD, CF Industries Holdings Inc., EuroChem Group AG, KBR Inc., Nutrien Ltd., OCI NV, SABIC, and Yara International ASA |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 2
Exhibit 03: Key Finding 3
Exhibit 04: Key Finding 5
Exhibit 05: Key Finding 6
Exhibit 06: Key Finding 7
Exhibit 07: Key Finding 8
2. Market Landscape
2.1 Market ecosystem
2.1.1 Parent market
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
2.2 Value chain analysis
Exhibit 10: Value chain analysis : Fertilizers and agricultural chemicals
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Industry innovation
3. Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 13: Global - Market size and forecast 2021 - 2026 (thousand tons)
Exhibit 14: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 15: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 16: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 17: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 18: Threat of new entrants
4.5 Threat of substitutes
Exhibit 19: Threat of substitutes
4.6 Threat of rivalry
Exhibit 20: Threat of rivalry
4.7 Market condition
Exhibit 21: Market condition - Five forces 2021
5. Market Segmentation by Product
5.1 Market segments
The segments covered in this chapter are:
- Urea
- NPK
- CAN and AN
- DAP and MAP
- Others
Exhibit 22: Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 23: Comparison by Product
5.3 Urea - Market size and forecast 2021-2026
Exhibit 24: Urea - Market size and forecast 2021-2026 (thousand tons)
Exhibit 25: Urea - Year-over-year growth 2021-2026 (%)
5.4 NPK - Market size and forecast 2021-2026
Exhibit 26: NPK - Market size and forecast 2021-2026 (thousand tons)
Exhibit 27: NPK - Year-over-year growth 2021-2026 (%)
5.5 CAN and AN - Market size and forecast 2021-2026
Exhibit 28: CAN and AN - Market size and forecast 2021-2026 (thousand tons)
Exhibit 29: CAN and AN - Year-over-year growth 2021-2026 (%)
5.6 DAP and MAP - Market size and forecast 2021-2026
Exhibit 30: DAP and MAP - Market size and forecast 2021-2026 (thousand tons)
Exhibit 31: DAP and MAP - Year-over-year growth 2021-2026 (%)
5.7 Others - Market size and forecast 2021-2026
Exhibit 32: Others - Market size and forecast 2021-2026 (thousand tons)
Exhibit 33: Others - Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by Product
Exhibit 34: Market opportunity by Product
6. Customer landscape
6.1 Overview
Exhibit 35: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
The regions covered in the report are:
- APAC
- North America
- Europe
- MEA
- South America
Exhibit 36: Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 37: Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 38: APAC - Market size and forecast 2021-2026 (thousand tons)
Exhibit 39: APAC - Year-over-year growth 2021-2026 (%)
7.4 North America - Market size and forecast 2021-2026
Exhibit 40: North America - Market size and forecast 2021-2026 (thousand tons)
Exhibit 41: North America - Year-over-year growth 2021-2026 (%)
7.5 Europe - Market size and forecast 2021-2026
Exhibit 42: Europe - Market size and forecast 2021-2026 (thousand tons)
Exhibit 43: Europe - Year-over-year growth 2021-2026 (%)
7.6 MEA - Market size and forecast 2021-2026
Exhibit 44: MEA - Market size and forecast 2021-2026 (thousand tons)
Exhibit 45: MEA - Year-over-year growth 2021-2026 (%)
7.7 South America - Market size and forecast 2021-2026
Exhibit 46: South America - Market size and forecast 2021-2026 (thousand tons)
Exhibit 47: South America - Year-over-year growth 2021-2026 (%)
7.8 Key leading countries
Exhibit 48: Key leading countries
7.9 Market opportunity by geography
Exhibit 49: Market opportunity by geography (thousand tons)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Increase in demand from developing countries
8.1.2 Growth in fertilizer industry
8.1.3 Reduction in arable land
8.2 Market challenges
8.2.1 Health concerns regarding the use of nitrogenous fertilizers
8.2.2 Volatility in raw material prices
8.2.3 Increasing consumption of organic food
Exhibit 50: Impact of drivers and challenges
8.3 Market trends
8.3.1 Adoption of precision farming
8.3.2 Increasing preference for hydroponics
8.3.3 Increasing ammonia production capacity
9. Vendor Landscape
9.1 Overview
Exhibit 51: Vendor landscape
9.2 Landscape disruption
Exhibit 52: Landscape disruption
Exhibit 53: Industry risks
9.3 Competitive landscape
10. Vendor Analysis
10.1 Vendors covered
Exhibit 54: Vendors covered
10.2 Market positioning of vendors
Exhibit 55: Market positioning of vendors
10.3 AB Achema
Exhibit 56: AB Achema - Overview
Exhibit 57: AB Achema - Product and service
Exhibit 58: AB Achema - Key offerings
10.4 Acron Group
Exhibit 59: Acron Group - Overview
Exhibit 60: Acron Group - Business segments
Exhibit 61: Acron Group - Key offerings
Exhibit 62: Acron Group - Segment focus
10.5 Agropolychim AD
Exhibit 63: Agropolychim AD - Overview
Exhibit 64: Agropolychim AD - Product and service
Exhibit 65: Agropolychim AD - Key offerings
10.6 CF Industries Holdings Inc.
Exhibit 66: CF Industries Holdings Inc. - Overview
Exhibit 67: CF Industries Holdings Inc. - Business segments
Exhibit 68: CF Industries Holdings Inc. - Key news
Exhibit 69: CF Industries Holdings Inc. - Key offerings
Exhibit 70: CF Industries Holdings Inc. - Segment focus
10.7 EuroChem Group AG
Exhibit 71: EuroChem Group AG - Overview
Exhibit 72: EuroChem Group AG - Product and service
Exhibit 73: EuroChem Group AG - Key news
Exhibit 74: EuroChem Group AG - Key offerings
10.8 KBR Inc.
Exhibit 75: KBR Inc. - Overview
Exhibit 76: KBR Inc. - Business segments
Exhibit 77: KBR Inc. - Key news
Exhibit 78: KBR Inc. - Key offerings
Exhibit 79: KBR Inc. - Segment focus
10.9 Nutrien Ltd.
Exhibit 80: Nutrien Ltd. - Overview
Exhibit 81: Nutrien Ltd. - Business segments
Exhibit 82: Nutrien Ltd. - Key news
Exhibit 83: Nutrien Ltd. - Key offerings
Exhibit 84: Nutrien Ltd. - Segment focus
10.10 OCI NV
Exhibit 85: OCI NV - Overview
Exhibit 86: OCI NV - Business segments
Exhibit 87: OCI NV - Key news
Exhibit 88: OCI NV - Key offerings
Exhibit 89: OCI NV - Segment focus
10.11 SABIC
Exhibit 90: SABIC - Overview
Exhibit 91: SABIC - Business segments
Exhibit 92: SABIC - Key news
Exhibit 93: SABIC - Key offerings
Exhibit 94: SABIC - Segment focus
10.12 Yara International ASA
Exhibit 95: Yara International ASA - Overview
Exhibit 96: Yara International ASA - Business segments
Exhibit 97: Yara International ASA - Key news
Exhibit 98: Yara International ASA - Key offerings
Exhibit 99: Yara International ASA - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objective
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 100: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 101: Research Methodology
Exhibit 102: Validation techniques employed for market sizing
Exhibit 103: Information sources
11.4 List of abbreviations
Exhibit 104: List of abbreviations
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