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How big is the nitrogen fertilizer market?

How big is the nitrogen fertilizer market?

USD 54.9 billion
The global nitrogenous fertilizers market size was estimated at USD 54.9 billion in 2020 and is expected to reach USD 57.4 billion in 2021.

How big is the fertilizer market?

Market Overview The US fertilizers market was valued at USD 18,602.0 million in 2020, and it is estimated to reach USD 20,520.5 million by 2026, registering a CAGR of 1.7\%, during the forecast period (2021-2026).

Which country is the largest producer of nitrogenous fertilizers in the world?

China although has become the largest producer and consumer of nitrogen fertilizers.

What are the nitrogenous fertilizers?

1 Nitrogenous Fertilizers. The nitrogenous fertilizer industry includes the production of synthetic ammonia, nitric acid, ammonium nitrate, and urea. Synthetic ammonia and nitric acid are used primarily as intermediates in the production of ammonium nitrate and urea fertilizers.

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What are potassic fertilizers?

Potassic fertilizers are chemical substances containing potassium in absorbed form (K+). There are two potassium fertilizers viz., muriate of potash (KCI) and sulphate of potash (K2S04). They are water soluble and so are readily available to plants.

What are phosphate fertilizers?

Phosphate fertilizers are produced by adding acid to ground or pulverized phosphate rock. If sulfuric acid is used, single or normal, phosphate (SSP) is produced, with a phosphorus content of 16–21\% as phosphorous pentoxide (P2O5).

What is a fertilizer market?

Fertilizers are substances that provide one or more of the chemicals required for plant growth. The Indian fertilizers market is estimated to record a CAGR of 11.9\% during the forecast period (2021-2026). The Indian fertilizer market reached a value of INR 887 Billion in 2020.

What are the fertilizers available in the market?

Scope of the Report

Straight Fertilizers
Phosphatic Fertilizers Mono-ammonium Phosphate (MAP) Di-ammonium Phosphate (DAP) Single Super Phosphate (SSP) Triple Super Phosphate (TSP) Other Phosphatic Fertilizers
Potash Fertilizers Muriate of Potash (MoP) Sulfate of Potash (SoP)
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Who makes nitrogen fertilizer?

Figure 2 shows total production, imports, exports, and apparent consumption of ammonia from 2015 to 2019. The largest ammonia producing companies in North America are CF Industries, Nutrien, Mosaic, and Yara (Nutrien 2020).

Who is the largest fertilizer company?

The Table of Fertilizer Company Performance Based on Annual Report in 2018

No Fertilizer Company Sales
(in Million Dollar)
1 Nutrien 19,636
2 Mosaic 9,587
3 CF Industries 4,429

Which fertilizer has highest nitrogen?

Urea
Primary forms of nitrogen fertilizer Urea has the highest nitrogen content of all solid fertilizers at 46\% N.