North America Urea Fertilizer Market is Estimated to Reach $5,885.4 Million in 2019 - A Report by MicroMarket Monitor
(PRWEB) April 28, 2015 -- The North America urea fertilizers market is estimated to grow from $5,135.3 million in 2014 to $5,885.4 million by 2019, at a CAGR of 2.8% during the period under consideration.
Browse through the TOC of North America Urea Fertilizer Market for an analysis of industry trends and segments, with the help of various tables and figures.
http://www.micromarketmonitor.com/market/north-america-urea-fertilizers-9546995956.html
Fertilizers are used to aid the growth of crops, particularly when the soil lacks nutrients. Nitrogen is one of the key elements required for healthy crops. Crops that grow with the help of nitrogenous fertilizers usually have better and higher growth rates. This is because the nitrogen in the fertilizers assimilates into the chlorophyll, generating a better rate of photosynthesis for the plant. The use of nitrogenous fertilizers also gives crops better color and texture.
Make an inquiry @
http://www.micromarketmonitor.com/contact/9546995956-inquery_before_buy.html
The North American urea fertilizers market is dominated by the U.S., followed by Canada. The U.S. is the biggest consumer of meat and meat products. Here, apart from consumption by humans, grains are also in demand to produce animal feed for the meat industry. The increased demand can only be met by increasing agricultural productivity, which can be achieved with the use of fertilizers for grain production.
Urea fertilizers are the most commonly used nitrogenous fertilizers due to the ease of synthesis and the easy availability of the raw materials. Factors such as increase in demand for food grains and the growing meat consumption are driving the North American market. Several companies such as CF Industries Holdings, Inc., Yara International ASA, Agrium Inc., and PotashCorp are investing in this growing market in order to gain higher profits and increase their share in the North American urea fertilizers market.
Speak to Analyst @
http://www.micromarketmonitor.com/contact/9546995956-speak_to_analyst.html
This report includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it also presents a competitive landscape by country and company profiles of the key players in this market.
Related Report:
Latin America Urea Fertilizers Market
The Latin America urea fertilizers market is estimated to grow at a CAGR of 3.0% from 2014 to 2019. The demand for urea fertilizers has continued to remain robust across all regions. This is because of the constantly rising grain prices in recent years, which have encouraged farmers to maximize yield. Additionally, the increase in income has made fertilizers more affordable.
http://www.micromarketmonitor.com/market/latin-america-urea-fertilizers-4906499405.html
Report Subscription:
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.
http://www.micromarketmonitor.com/offerings/subscription
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Contact:
Mr. Chandrasekhar K.
5601 Bridge Street
Suite 300
Fort Worth, TX 76112
Tel: +1-888-502-0539
Email: sales(at)micromarketmonitor(dot)com
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.
Mr. Chandrasekhar K., MicroMarket Monitor, http://www.micromarketmonitor.com/, +91 9881155004, [email protected]
Share this article