Latest News - Nitrogenous Fertilizer Market: Liquid is expected to lead the Type segment during 2023-2027

The Nitrogenous Fertilizer Market is being driven by Increase in demand from developing countries

The Nitrogenous Fertilizer Market is expected to grow at a CAGR of 4.67% during 2022 and 2027. During this period, the market is also expected to show a growth of USD 32994.82 th t. In the agricultural sector, precision farming has emerged as a strategic approach to optimize resource utilization and enhance crop productivity. By leveraging advanced technologies such as high-precision positioning systems, smart sensors, and satellite imagery, farmers can make data-driven decisions regarding nitrogenous fertilizer application. This targeted use of fertilizers leads to reduced input costs, improved yields, and more efficient farming practices. The growing popularity of precision farming, particularly in developing countries like China, India, and Bangladesh, is expected to fuel the demand for water-soluble nitrogenous fertilizers over the forecast period. This trend aligns with the global shift towards sustainable and cost-effective agricultural practices. 

Get more information on Nitrogenous Fertilizer Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Liquid
  • Dry
  • Others
• Product
  • Urea
  • NPK
  • CAN and AN
  • DAP and MAP
  • Others
• End-use Industry
  • Agriculture
  • Horticulture
  • Turf & Ornamentals
• Applications
  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
• Geography
  • APAC
    • China
    • India
    • Japan
  • North America
    • US
    • Canada
  • Europe
    • France
    • Germany
    • Italy
    • UK
  • Middle East and Africa
    • Egypt
    • KSA
    • Oman
    • UAE
  • South America
    • Argentina
    • Brazil

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increase in demand from developing countries
• Growth in fertilizer industry
• Reduction in arable land

However, the market also witnesses some limitations, which are as follows:

• Health concerns regarding use of nitrogenous fertilizers
• Volatility in raw material prices
• Increasing consumption of organic food

Benefits of Buying Global Nitrogenous Fertilizer Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Nitrogenous Fertilizer Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Nitrogenous Fertilizer Market plays a crucial role in enhancing crop uptake of essential nutrients, particularly Nitrogen, in the root zone. Companies like Corteva Agriscience lead the nitrogen fertilizer industry with innovative solutions like UAN treatments that improve crop yielding potential. Commercial fertilizers, such as Urea, Calcium Ammonium Nitrate, and Ammonium Sulphate, are widely used to supplement soil nutrients and boost crop output. Investment in precision farming, including sprinkler irrigation and drip irrigation, has led to more efficient use of nitrogenous fertilizers. The green manure approach, using animal manure as a natural source of nitrogen, is gaining popularity among sustainable farmers. Nitrogen is a key element for photosynthesis, which affects shoot development, flower buds, and flower distinction. Protoplasm, the living substance in plant cells, requires nitrogen for growth and maintenance. Nitrogenous fertilizers, therefore, significantly impact crop quality, including fruit quality. Sprinkler irrigation and drip irrigation systems ensure that nitrogenous fertilizers reach the crops efficiently, maximizing their benefits. Precision farming techniques, such as variable rate application, further optimize nitrogen usage and minimize environmental impact. In conclusion, the nitrogenous fertilizer market plays a vital role in enhancing crop productivity and quality, contributing to improved farmland productivity and food security.

Market Research Overview

The global nitrogenous fertilizer market is a significant segment of the larger commodity chemicals market, which encompasses businesses primarily engaged in the production of industrial and basic chemicals. This market sector, as defined by Technavio, excludes companies specializing in diversified chemicals, fertilizers and agricultural chemicals, industrial gases, and specialty chemicals. Key drivers for the expansion of the commodity chemicals market include the burgeoning construction industry, leading to heightened demand for commodity chemicals such as paints and pigments, as well as other construction-related chemicals. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/