Key players in the Asia-Pacific Nitrogenous Fertilizers Market include Coromandel International Ltd. (India).
(PRWEB) April 17, 2015
The Asia-Pacific Nitrogenous Fertilizers Market report defines and segments the nitrogenous fertilizers market in Asia-Pacific with detailed analysis and forecast of revenue. The nitrogenous fertilizers market in Asia-Pacific is estimated to grow from $62,145.5 million in 2014 to $69,038.6 million by 2019, at a CAGR of 2.1% from 2014 to 2019.
Browse through the TOC of Asia-Pacific Nitrogenous Fertilizers Market for an analysis of industry trends and segments, with the help of various tables and figures.
The Asia-Pacific nitrogenous fertilizers market led the global nitrogenous fertilizers market in 2014. Asia-Pacific has a very extensive agricultural sector, with most of the population in the region heavily dependent on it. This makes it imperative to increase the efficiency of land, which is done using a variety of fertilizers, thereby increasing the demand of fertilizers in the region.
In 2014, China was the largest market for nitrogenous fertilizers in the Asia-Pacific market, followed by Japan and India. However, the nitrogenous fertilizers market in India is projected to be the fastest-growing market.
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The increase in per capita consumption is one of the major factors leading to an increase in the overall demand for agricultural commodities. This has necessitated an increase in the supply of food, which has led farmers to add fertilizers to the soil to increase crop yield.
The Asia-Pacific nitrogenous fertilizers market has been segmented and projected on the basis of applications, such as grains & oilseeds, and fruits & vegetables. The Asia-Pacific nitrogenous fertilizers market has also been analyzed on the basis of types, such as ammonium nitrate, ammonium sulfate, calcium ammonium nitrate, urea, and others.
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The Asia-Pacific nitrogenous fertilizers market has been further segmented and forecast on the basis of the major countries of Asia-Pacific, including China, Japan, India, among others.
This report also comprises the market share and value chain analyses, and market metrics such as drivers and restraints. In addition, it also offers a country-level competitive landscape and company profiles of key players in the Asia-Pacific nitrogenous fertilizers market.
Nitrogenous Fertilizers Market
The North American nitrogenous fertilizers market is estimated to grow at a CAGR of 2.6% in the forecast period. Nitrogen is an important nutrient essentially required by all crop plants for growth and development. It is naturally available in large quantities, but only a few crop plants can exchange atmospheric nitrogen that is usable.
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Agriculture industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Agriculture industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
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