The Middle east and Africa Nitrogenous Fertilizers Market was worth 6.87 billion in 2021 and estimated to be growing at a CAGR of 2.88%, to reach 7.92 billion by 2026.
Nitrogen aids in rapid growth and imparts better texture and colour to plants and thus enhances agricultural output.In spite of the abundance of nitrogen in the environment, only a few plants have the ability to absorb and use the same. Nitrogenous fertilizers are inorganic in nature and are normally employed in the agriculture industry. It comprises nitrous complexes such as ammonium sulphate, Calcium Nitrate, calcium ammonium nitrate and other compounds in tiny amounts.
Middle east and Africa Nitrogenous Fertilizers Market Drivers:
The growth of the Middle east and Africa Nitrogenous Fertilizers market is mainly driven by reasons such as increasing disposable income, rising population and high efficiency of nitrogenous fertilizers. However, volatile economies and growing cost of raw materials are the major limiting factors for the market in this region.
Urea
Middle east and Africa Nitrogenous Fertilizers Market - By Application:
Urea-based nitrogenous fertilizers are leading the ingredient segment in terms of consumption. However, Ammonium nitrate is projected to be the fastest growing segment during the forecast period. By application, Grains such as rice and corn lead the market for nitrogenous fertilizer and this trend is anticipated to remain during the forecast period.
Regional Analysis:
The market has been geographically segmented into Middle east and Africa. This market is projected to grow substantially during the forecast period, owing to the rise in disposable incomes in the developing economies in this region.
Key Players:
The market for Nitrogenous fertilizers is extremely consolidated and streamlined owing to the existence of only a handful of companies.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Ingredients
5.1.1 Urea
5.1.2 Ammonium Nitrate
5.1.3 Ammonium Chloride
5.1.4 Sodium Nitrate
5.1.5 Ammonium Sulphate
5.1.6 Calcium Nitrate
5.1.7 Calcium Ammonium Nitrate (CAN)
5.1.8 Other Nitrogenous Fertilizers
5.2 By Application
5.2.1 Crop Based
5.2.1.1 Oil seeds
5.2.1.2 Fruits & Vegetables
5.2.1.3 Grains & Cereals
5.2.2 Non Crop Based
5.2.2.1 Turf & Ornamental Grass
5.2.2.2 Others
6. Geographical Analysis
6.1 Introduction
6.2 Middle-East
6.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Yara International ASA
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Agrium Inc.
8.3 Coromandel International Ltd.
8.4 KOCH Industries Inc.
8.5 CF Industries Holdings Inc.
8.6 Sinofert Holdings Ltd
8.7 Potash Corp.
8.8 CVR Partners Lp.
8.9 Bunge Ltd.
8.10 Eurochem
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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