“Global nitrogenous fertilizers market is projected to grow at a CAGR of 2.33%”
The nitrogenous fertilizers market is projected to reach a value of USD 127.0 billion by 2022, at a CAGR of 2.33% from 2016. The market is driven by factors such as need to increase productivity and level yield and fertilizer intensity gaps across regions, rise in awareness regarding soil profile, and nutritional balance backed by state support.
“The urea segment is projected to dominate the market during the forecast period”
Urea is the most commonly used nitrogenous fertilizer around the globe. The segment accounted for more than 60% of the global nitrogenous fertilizers in 2015. Since the last decade, urea has emerged as a substitute for ammonium nitrate and is used widely as farmers have identified it as economical and easy to use.
“The fertigation mode of application is projected to be the fastest-growing from 2016 to 2022”
The fertigation mode of application is preferred for nitrogenous fertilizers due to its ease of application. It is also cost-effective and time efficient. Along with this, farmers around the globe are also shifting from traditional farming to technological farming, which in turn leads to the adoption of fertigation as a mode of application. This is few of the major reasons increasing the use of fertigation mode of amongst the farmers which is driving the market for nitrogenous fertilizers.
“Asia-Pacific was the largest market in 2015 whereas, South America is projected to be the fastest-growing from 2016 to 2022”
The Asia-Pacific region is the largest consumer of nitrogenous fertilizers, with a market share of more than 63% in 2015. The growing agricultural practices and requirement of high-quality agricultural produce are expected to drive the nitrogenous fertilizers market growth in this region. The demand for nitrogenous fertilizers is driven by the increase in awareness about the modern agricultural practices. Maximum growth is witnessed in countries such as China due to the rise in awareness among the farmers about the impact of deficiencies in soil.
The breakdown of the primaries on the basis of company, designation, and region conducted during the research study, are as follows:
By Company Type: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%
By Designation: Director Level – 22%, C Level – 28%, and Others– 50%
By Region: North America – 10%, Europe – 20, Asia-Pacific – 40%, and MEA – 30%
Major players are as follows:
• Yara International ASA (Norway)
• Agrium Inc. (Canada)
• Coromandel International Limited (India)
• Potash Corp. Of Saskatchewan Inc. (Canada)
• Koch Industries Inc. (U.S.)
Other players that also have a strong presence in this market are as follows:
• CVR Partners LP (U.S.)
• Sinofert Holdings Limited (China)
• Bunge Limited (Netherlands)
• CF Industries Holdings Inc. (U.S.)
• Eurochem Group AG (Switzerland)
Research Coverage
This report categorizes the global market for nitrogenous fertilizers on the basis of type, crop type, mode of application, form, and region. In terms of insights, this research report has focused on industry analyses and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging & high-growth segments of the global nitrogenous fertilizers market; high-growth regions, countries, and their respective regulatory policies; government initiatives; and drivers, restraints, and opportunities.
Key benefits of buying this report
? Analyses of the global nitrogenous fertilizers market, with region-specific assessment and competition analysis
? Market definition along with the identification of key drivers and restraints
? Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and key companies that can influence this market on a global and regional scale
? Extensively researched competitive landscape section with profiles of major companies
? Identification and analysis of the macroeconomic indicators that affect the nitrogenous fertilizers market on global and regional levels
? A comprehensive list of key market players, along with the analysis of their current strategic interests and key financial information
1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 STUDY SCOPE 18
1.4 PERIODIZATION CONSIDERED FOR THE STUDY 19
1.5 CURRENCY 19
1.6 UNITS 19
1.7 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 INTRODUCTION 20
2.2 RESEARCH DATA 21
2.2.1 SECONDARY DATA 21
2.2.1.1 Key data from secondary sources 21
2.2.2 PRIMARY DATA 22
2.2.2.1 Key data from primary sources 22
2.2.2.2 Key industry insights 23
2.2.2.3 Breakdown of primaries 23
2.3 MACRO INDICATORS 24
2.3.1 SHRINKING ARABLE LAND AREA 24
2.3.2 GROWTH IN GLOBAL POPULATION 27
2.3.3 RISING FOOD PRICES 28
2.3.4 INCREASED RELIANCE ON USE OF FERTILIZERS FOR PRODUCTIVITY ENHANCEMENT 29
2.3.5 EXPECTED IMPROVEMENT IN NON-FUEL COMMODITY PRICES 30
2.3.6 DOWNWARD TREND IN INPUT PRICES 32
2.3.7 REGULATORY, FISCAL, AND TRADE POLICY DEVELOPMENTS 33
2.4 MARKET SIZE ESTIMATION 33
2.5 MARKET BREAKDOWN & DATA TRIANGULATION 36
2.6 RESEARCH ASSUMPTIONS AND LIMITATIONS 37
2.6.1 ASSUMPTIONS 37
2.6.2 LIMITATIONS 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 45
4.1 ATTRACTIVE OPPORTUNITIES IN THE NITROGENOUS FERTILIZERS MARKET 45
4.2 NITROGENOUS FERTILIZERS MARKETS, BY KEY COUNTRY 46
4.3 LIFE CYCLE ANALYSIS: NITROGENOUS FERTILIZERS MARKET, BY REGION 47
4.4 NITROGENOUS FERTILIZERS MARKET, BY TYPE 48
4.5 LARGEST AND FASTEST GROWING NITROGENOUS FERTILIZERS MARKETS,
2016 VS. 2022 49
4.6 NITROGENOUS FERTILIZERS MARKET, BY TYPE & REGION 50
4.7 ASIA-PACIFIC NITROGENOUS FERTILIZERS MARKET, BY COUNTRY & CROP TYPE 51
4.8 NITROGENOUS FERTILIZERS MARKET, BY MODE OF APPLICATION 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET SEGMENTATION 54
5.2.1 BY TYPE 54
5.2.2 BY CROP TYPE 55
5.2.3 BY MODE OF APPLICATION 55
5.2.4 BY FORM 56
5.2.5 BY REGION 57
5.3 MARKET DYNAMICS 58
5.3.1 DRIVERS 58
5.3.1.1 Need to increase productivity and to level yield & fertilizer intensity gaps across regions 58
5.3.1.2 Rising awareness about soil profile and nutritional balance, backed by state support 61
5.3.2 RESTRAINTS 61
5.3.2.1 Increasing trend of organic consumption 61
5.3.3 OPPORTUNITIES 62
5.3.3.1 Rising input demand as a result of increasing investment in agriculture, especially in Africa 62
5.3.4 CHALLENGES 65
5.3.4.1 Environmental concerns 65
5.3.4.2 Unfavorable regulatory stance 65
6 INDUSTRY TRENDS 66
6.1 TRADE ANALYSIS 66
6.2 SUPPLY CHAIN 67
6.3 PORTER’S FIVE FORCE ANALYSIS 68
6.3.1 THREAT FROM NEW ENTRANTS 68
6.3.2 THREAT OF SUBSTITUTES 69
6.3.3 BARGAINING POWER OF SUPPLIERS 69
6.3.4 BARGAINING POWER OF BUYERS 70
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 70
7 NITROGENOUS FERTILIZERS MARKET, BY TYPE 71
7.1 INTRODUCTION 72
7.2 UREA 74
7.3 AMMONIUM NITRATE 75
7.4 AMMONIUM SULFATE 76
7.5 AMMONIA 76
7.6 CALCIUM AMMONIUM NITRATE (CAN) 77
7.7 OTHERS 78
8 NITROGENOUS FERTILIZERS MARKET, BY FORM 79
8.1 INTRODUCTION 80
8.2 DRY 81
8.3 LIQUID 81
8.4 OTHER FORMS 82
9 NITROGENOUS FERTILIZERS MARKET, BY CROP TYPE 83
9.1 INTRODUCTION 84
9.2 CEREALS & GRAINS 85
9.3 OILSEEDS & PULSES 89
9.4 FRUITS & VEGETABLES 91
9.5 OTHERS 93
10 NITROGENOUS FERTILIZERS MARKET, BY MODE OF APPLICATION 94
10.1 INTRODUCTION 95
10.2 SOIL 97
10.3 FOLIAR 97
10.4 FERTIGATION 98
10.5 OTHERS 99
11 NITROGENOUS FERTILIZERS MARKET, BY REGION 100
11.1 INTRODUCTION 101
11.2 NORTH AMERICA 103
11.2.1 U.S. 106
11.2.2 CANADA 107
11.2.3 MEXICO 109
11.3 EUROPE 110
11.3.1 U.K. 113
11.3.2 GERMANY 114
11.3.3 FRANCE 115
11.3.4 ITALY 116
11.3.5 SPAIN 116
11.3.6 REST OF EUROPE 117
11.4 ASIA-PACIFIC 118
11.4.1 CHINA 122
11.4.2 INDIA 123
11.4.3 JAPAN 124
11.4.4 REST OF ASIA-PACIFIC 124
11.5 SOUTH AMERICA 125
11.5.1 BRAZIL 129
11.5.2 ARGENTINA 130
11.5.3 REST OF SOUTH AMERICA 131
11.6 MIDDLE EAST & AFRICA 131
11.6.1 AFRICA 134
11.6.2 MIDDLE EAST 135
12 COMPETITIVE LANDSCAPE 136
12.1 OVERVIEW 136
12.2 COMPETITIVE SITUATIONS & TRENDS 137
12.2.1 ACQUISITIONS 138
12.2.2 EXPANSIONS 140
12.2.3 INVESTMENTS & DIVESTMENTS 140
12.2.4 AGREEMENTS 141
12.2.5 COLLABORATIONS & JOINT VENTURES 141
12.2.6 NEW PRODUCT LAUNCHES 142
12.3 VENDOR ANALYSIS 142
12.4 RANKING ANALYSIS, BY COMPANY 145
13 COMPANY PROFILES 146
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
13.1 INTRODUCTION 146
13.2 BUNGE LIMITED 147
13.3 AGRIUM INC. 150
13.4 YARA INTERNATIONAL ASA 153
13.5 POTASH CORP. OF SASKATCHEWAN, INC. 156
13.6 EUROCHEM GROUP AG 159
13.7 CF INDUSTRIES HOLDINGS INC. 162
13.8 SINOFERT HOLDINGS LIMITED. 164
13.9 COROMANDEL INTERNATIONAL LTD. 166
13.10 CVR PARTNERS, LP 168
13.11 KOCH INDUSTRIES, INC. 170
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
14 APPENDIX 171
14.1 INSIGHTS OF INDUSTRY EXPERTS 171
14.2 DISCUSSION GUIDE 172
LIST OF TABLES
TABLE 1 NITROGENOUS FERTILIZERS TRADE DATA, BY LARGEST EXPORTER, 2011–2015 (USD MILLION) 66
TABLE 2 NITROGENOUS FERTILIZERS TRADE DATA, BY LARGEST IMPORTER, 2011–2015 (USD MILLION) 66
TABLE 3 NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014-2022 (USD BILLION) 73
TABLE 4 NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014-2022 (KT) 73
TABLE 5 UREA FERTILIZERS MARKET, BY REGION, 2014–2022 (USD BILLION) 74
TABLE 6 AMMONIUM NITRATE FERTILIZERS MARKET, BY REGION, 2014–2022 (USD BILLION) 75
TABLE 7 AMMONIUM SULFATE FERTILIZERS MARKET, BY REGION, 2014–2022 (USD MILLION) 76
TABLE 8 AMMONIA FERTILIZERS MARKET, BY REGION, 2014–2022 (USD BILLION) 77
TABLE 9 CALCIUM AMMONIUM NITRATE FERTILIZERS MARKET, BY REGION, 2014–2022 (USD BILLION) 77
TABLE 10 OTHER NITROGENOUS FERTILIZERS MARKET, BY REGION, 2014–2022 (USD BILLION) 78
TABLE 11 NITROGENOUS FERTILIZERS MARKET SIZE, BY FORM, 2014–2022 (USD BILLION) 80
TABLE 12 NITROGENOUS FERTILIZERS MARKET SIZE, BY FORM, 2014–2022 (KT) 80
TABLE 13 DRY NITROGENOUS FERTILIZERS MARKET SIZE, BY REGION, 2014–2022 (USD BILLION) 81
TABLE 14 LIQUID NITROGENOUS MARKET SIZE, BY REGION, 2014–2022 (USD MILLION) 82
TABLE 15 OTHER FORMS: NITROGENOUS MARKET SIZE, BY REGION, 2014–2022 (USD MILLION) 82
TABLE 16 NITROGENOUS FERTILIZERS MARKET SIZE, BY CROP TYPE, 2014-2022 (USD BILLION) 85
TABLE 17 NITROGENOUS FERTILIZERS MARKET SIZE, BY CROP TYPE, 2014-2022 (KT) 85
TABLE 18 CEREALS & GRAINS MARKET SIZE, BY REGION, 2014-2022 (USD BILLION) 88
TABLE 19 CEREALS & GRAINS MARKET SIZE, BY TYPE, 2014-2022 (USD BILLION) 88
TABLE 20 OILSEEDS & PULSES MARKET SIZE, BY REGION, 2014-2022 (USD BILLION) 90
TABLE 21 OILSEEDS & PULSES MARKET SIZE, BY TYPE, 2014-2022 (USD BILLION) 90
TABLE 22 FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2014-2022 (USD BILLION) 92
TABLE 23 FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2014-2022 (USD BILLION) 93
TABLE 24 NITROGENOUS FERTILIZERS MARKET SIZE FOR OTHER CROP TYPES, BY REGION, 2014-2022 (USD BILLION) 93
TABLE 25 NITROGENOUS FERTILIZERS MARKET SIZE, BY MODE OF APPLICATION, 2014-2021 (USD BILLION) 96
TABLE 26 NITROGENOUS FERTILIZERS MARKET SIZE, BY MODE OF APPLICATION, 2014-2022 (KT) 96
TABLE 27 SOIL: NITROGENOUS FERTILIZERS MARKET SIZE, BY REGION, 2014-2022 (USD BILLION) 97
TABLE 28 FOLIAR: NITROGENOUS FERTILIZERS MARKET SIZE, BY REGION, 2014-2022 (USD MILLION) 98
TABLE 29 FERTIGATION: NITROGENOUS FERTILIZERS MARKET SIZE, BY REGION, 2014-2022 (USD MILLION) 98
TABLE 30 OTHER MODES OF APPLICATION: NITROGENOUS FERTILIZERS MARKET SIZE, BY REGION, 2014-2022 (USD MILLION) 99
TABLE 31 NITROGENOUS FERTILIZERS MARKET SIZE, BY REGION, 2014-2022 (USD BILLION) 102
TABLE 32 NITROGENOUS FERTILIZERS MARKET SIZE, BY REGION, 2014-2022 (KT) 103
TABLE 33 NORTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY COUNTRY, 2014-2022 (USD BILLION) 104
TABLE 34 NORTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014-2022 (USD MILLION) 104
TABLE 35 NORTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY FORM, 2014-2022 (USD MILLION) 105
TABLE 36 NORTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY MODE OF APPLICATION, 2014-2022 (USD MILLION) 105
TABLE 37 NORTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY CROP TYPE, 2014-2022 (USD BILLION) 106
TABLE 38 U.S.: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 107
TABLE 39 CANADA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 108
TABLE 40 MEXICO: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 109
TABLE 41 EUROPE: NITROGENOUS FERTILIZERS MARKET SIZE, BY COUNTRY, 2014–2022 (USD BILLION) 110
TABLE 42 EUROPE: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 111
TABLE 43 EUROPE: NITROGENOUS FERTILIZERS MARKET SIZE, BY MODE OF APPLICATION, 2014–2022 (USD BILLION) 111
TABLE 44 EUROPE: NITROGENOUS FERTILIZERS MARKET SIZE, BY CROP TYPE, 2014–2022 (USD BILLION) 112
TABLE 45 EUROPE: NITROGENOUS FERTILIZERS MARKET SIZE, BY FORM, 2014–2022 (USD BILLION) 112
TABLE 46 U.K.: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 113
TABLE 47 GERMANY: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 114
TABLE 48 FRANCE: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 115
TABLE 49 ITALY: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 116
TABLE 50 SPAIN: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 117
TABLE 51 REST OF EUROPE: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 117
TABLE 52 ASIA-PACIFIC: NITROGENOUS FERTILIZERS MARKET SIZE, BY COUNTRY, 2014–2022 (USD BILLION) 120
TABLE 53 ASIA-PACIFIC: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014-2022 (USD BILLION) 120
TABLE 54 ASIA-PACIFIC: NITROGENOUS FERTILIZERS MARKET SIZE, BY MODE OF APPLICATION, 2014–2022 (USD BILLION) 121
TABLE 55 ASIA-PACIFIC: NITROGENOUS FERTILIZERS MARKET SIZE, BY CROP TYPE, 2014–2022 (USD BILLION) 121
TABLE 56 ASIA-PACIFIC: NITROGENOUS FERTILIZERS MARKET SIZE, BY FORM, 2014–2022 (USD BILLION) 122
TABLE 57 CHINA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 122
TABLE 58 INDIA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 123
TABLE 59 JAPAN: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 124
TABLE 60 REST OF ASIA-PACIFIC: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 125
TABLE 61 SOUTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY COUNTRY, 2014–2022 (USD BILLION) 127
TABLE 62 SOUTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 127
TABLE 63 SOUTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY MODE OF APPLICATION, 2014–2022 (USD BILLION) 128
TABLE 64 SOUTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY CROP TYPE, 2014–2022 (USD BILLION) 128
TABLE 65 SOUTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY FORM, 2014–2022 (USD BILLION) 129
TABLE 66 BRAZIL: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD BILLION) 129
TABLE 67 ARGENTINA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 130
TABLE 68 REST OF SOUTH AMERICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 131
TABLE 69 MIDDLE EAST & AFRICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY REGION, 2014–2022 (USD BILLION) 132
TABLE 70 MIDDLE EAST & AFRICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 132
TABLE 71 MIDDLE EAST & AFRICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY MODE OF APPLICATION, 2014–2022 (USD MILLION) 133
TABLE 72 MIDDLE EAST & AFRICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY CROP TYPE, 2014–2022 (USD MILLION) 133
TABLE 73 MIDDLE EAST & AFRICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY FORM, 2014–2022 (USD MILLION) 134
TABLE 74 AFRICA: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022(USD MILLION) 134
TABLE 75 MIDDLE EAST: NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2014–2022 (USD MILLION) 135
TABLE 76 ACQUISITIONS, 2011–2016 138
TABLE 77 EXPANSIONS, 2011–2016 140
TABLE 78 INVESTMENTS & DIVESTMENTS, 2011–2016 140
TABLE 79 AGREEMENT, 2011–2016 141
TABLE 80 COLLABORATIONS & JOINT VENTURES, 2011–2016 141
TABLE 81 NEW PRODUCT LAUNCHES, 2011–2016 142
TABLE 82 TOP FIVE COMPANIES IN THE NITROGENOUS FERTILIZERS MARKET, ON THE BASIS OF PRODUCTION CAPACITY AND PRODUCTS 145
TABLE 83 ACQUISITIONS 177
TABLE 84 EXPANSIONS, 2011–2016 177
LIST OF FIGURES
FIGURE 1 NITROGENOUS FERTILIZERS MARKET SEGMENTATION 18
FIGURE 2 NITROGENOUS FERTILIZERS MARKET: RESEARCH DESIGN 20
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION 23
FIGURE 4 GLOBAL ARABLE LAND AREA, 1985–2014 24
FIGURE 5 ARABLE LAND AREA, DECADAL AVERAGE (1965–2014) 25
FIGURE 6 PER CAPITA ARABLE LAND (1961–2013) 26
FIGURE 7 POPULATION GROWTH TREND, 1950–2100 27
FIGURE 8 GLOBAL FOOD PRICE INDEX 28
FIGURE 9 FERTILIZER CONSUMPTION (KILOGRAMS PER HECTARE OF ARABLE LAND) 29
FIGURE 10 GLOBAL FERTILIZER PRICE INDEX 30
FIGURE 11 OIL & NON-FUEL COMMODITY PRICE, 2015–2017 (PERCENTAGE CHANGE OVER PREVIOUS YEAR) 31
FIGURE 12 NATURAL GAS PRICE TREND (2005–2016) 32
FIGURE 13 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 34
FIGURE 14 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 35
FIGURE 15 DATA TRIANGULATION METHODOLOGY 36
FIGURE 16 NITROGENOUS FERTILIZERS MARKET SIZE, BY TYPE, 2016 VS. 2022 40
FIGURE 17 FRUITS & VEGETABLES SEGMENT IS PROJECTED TO BE THE FASTEST-GROWING FROM 2016 TO 2022 40
FIGURE 18 DRY SEGMENT IS PROJECTED TO DOMINATE THE MARKET FROM 2016 TO 2022 41
FIGURE 19 SOIL SEGMENT IS ESTIMATED TO DOMINATE THE MARKET FOR NITROGENOUS FERTILIZERS IN 2016 42
FIGURE 20 ASIA-PACIFIC IS EXPECTED TO BE THE LARGEST MARKET, 2014–2022 (USD BILLION) 43
FIGURE 21 SOUTH AMERICA IS PROJECTED TO BE THE FASTEST-GROWING NITROGENOUS FERTILIZERS MARKET FROM 2016 TO 2022 44
FIGURE 22 NITROGENOUS FERTILIZERS: AN EMERGING MARKET WITH PROMISING GROWTH POTENTIAL, 2016-2022 45
FIGURE 23 CHINA ACCOUNTED FOR THE LARGEST SHARE IN THE NITROGENOUS FERTILIZERS MARKET IN 2015 46
FIGURE 24 NITROGENOUS FERTILIZERS MARKET IN ASIA-PACIFIC IS EXPERIENCING HIGH GROWTH 47
FIGURE 25 UREA IS EXPECTED TO DOMINATE THE MARKET THROUGHOUT THE FORECAST PERIOD 48
FIGURE 26 INDIA & BRAZIL ARE PROJECTED TO BE THE MOST ATTRACTIVE MARKETS FOR NITROGENOUS FERTILIZERS DURING THE FORECAST PERIOD 49
FIGURE 27 ASIA-PACIFIC ACCOUNTED FOR THE LARGEST SHARE IN THE UREA SEGMENT IN 2015 50
FIGURE 28 LARGE AVAILABILITY OF AGRICULTURAL LAND AND INCREASED NUTRIENT DEFICIENCY IN THE SOIL STRENGTHENED THE DEMAND FOR NITROGENOUS FERTILIZERS IN THE ASIA-PACIFIC REGION 51
FIGURE 29 SOIL SEGMENT IS PROJECTED TO BE THE LARGEST THROUGHOUT THE FORECAST PERIOD 52
FIGURE 30 NITROGENOUS FERTILIZERS MARKET SEGMENTATION, BY TYPE 54
FIGURE 31 NITROGENOUS FERTILIZERS MARKET SEGMENTATION, BY CROP TYPE 55
FIGURE 32 NITROGENOUS FERTILIZERS MARKET SEGMENTATION, BY MODE OF APPLICATION 55
FIGURE 33 NITROGENOUS FERTILIZERS MARKET SEGMENTATION, BY FORM 56
FIGURE 34 NITROGENOUS FERTILIZERS MARKET SEGMENTATION, BY REGION 57
FIGURE 35 NITROGENOUS FERTILIZERS MARKET 58
FIGURE 36 CORN YIELD COMPARISON, BY COUNTRY (2014) 59
FIGURE 37 WHEAT YIELD COMPARISON, BY COUNTRY (2014) 59
FIGURE 38 RICE YIELD COMPARISON, BY COUNTRY (2014) 60
FIGURE 39 SOYBEAN YIELD COMPARISON, BY COUNTRY (2014) 60
FIGURE 40 GLOBAL FDI INFLOW (2010-15) 63
FIGURE 41 GLOBAL AND AFRICAN INWARD FDI STOCK, SECTORAL DISTRIBUTION (2014) 63
FIGURE 42 FDI INFLOW IN AFRICA, BY REGION, 2010-2015 (USD MILLION) 64
FIGURE 43 NITROGENOUS FERTILIZERS: SUPPLY CHAIN 67
FIGURE 44 NITROGENOUS FERTILIZERS: PORTER’S FIVE FORCE ANALYSIS 68
FIGURE 45 NITROGENOUS FERTILIZERS, BY TYPE, 2016 VS. 2022 72
FIGURE 46 UREA: NITROGENOUS FERTILIZERS MARKET IN 2015 74
FIGURE 47 DEMAND FOR CEREALS & GRAINS IS EXPECTED TO DOMINATE THE GLOBAL NITROGENOUS FERTILIZERS MARKET FROM 2016 TO 2022 84
FIGURE 48 BRAZIL: DEMAND FOR NITROGENOUS FERTILIZERS IN THE PRODUCTION OF CEREALS, 2010-2020 (TONS/KT) 86
FIGURE 49 CEREAL PRODUCTION IN EU COUNTRIES, 2014 87
FIGURE 50 ASIA-PACIFIC TO BE THE LARGEST MARKET FOR CEREALS & GRAINS, 2016 VS. 2022 87
FIGURE 51 GLOBAL PRODUCTION OF MAJOR OILSEED CROPS, 2010 TO 2014 (MILLION TONS) 89
FIGURE 52 GLOBAL FRUIT PRODUCTION, BY REGION, 2013 (MILLION METRIC TONS) 91
FIGURE 53 GLOBAL PRODUCTION OF VEGETABLES AND MELONS, 1990 TO 2013 (MILLION METRIC TONS) 92
FIGURE 54 FERTIGATION IS PROJECTED TO BE THE FASTEST-GORWING MARKET, 2016-2022 95
FIGURE 55 GEOGRAPHIC SNAPSHOT (2016-2022): INDIA, BRAZIL, AND JAPAN EMERGING AS NEW HOTSPOTS 102
FIGURE 56 SOIL TYPES IN THE U.S. 106
FIGURE 57 FERTILIZER PRODUCTION TREND IN CANADA 108
FIGURE 58 ASIA-PACIFIC NITROGENOUS FERTILIZERS MARKET SNAPSHOT 119
FIGURE 59 SOUTH AMERICA: NITROGENOUS FERTILIZERS MARKET SNAPSHOT 126
FIGURE 60 ACQUISITION IS THE KEY STARTEGY ADOPTED BY THE KEY PLAYERS IN THE MARKET 136
FIGURE 61 ACQUISITIONS: THE KEY STRATEGY, 2011–2016 137
FIGURE 62 NITROGENOUS FERTILIZERS MARKET: ANNUAL DEVELOPMENTS, 2011–2016 138
FIGURE 63 VENDOR ANALYSIS: CRITERIA WEIGHTAGE 142
FIGURE 64 PRODUCT OFFERINGS COMPARISON 143
FIGURE 65 BUSINESS STRATEGY COMPARISON 144
FIGURE 66 GEOGRAPHICAL REVENUE MIX OF TOP 4 MARKET PLAYERS 146
FIGURE 67 BUNGE LIMITED: COMPANY SNAPSHOT 147
FIGURE 68 BUNGE LIMITED: SWOT ANALYSIS 149
FIGURE 69 AGRIUM INC.: COMPANY SNAPSHOT 150
FIGURE 70 AGRIUM INC. : SWOT ANALYSIS 152
FIGURE 71 YARA INTERNATIONAL ASA: COMPANY SNAPSHOT 153
FIGURE 72 YARA INTERNATIONAL ASA: SWOT ANALYSIS 155
FIGURE 73 POTASH CORP. OF SASKATCHEWAN, INC.: COMPANY SNAPSHOT 156
FIGURE 74 POTASH CORP. OF SASKATCHEWAN, INC.: SWOT ANALYSIS 158
FIGURE 75 EUROCHEM GROUP AG: COMPANY SNAPSHOT 159
FIGURE 76 EUROCHEM GROUP AG: SWOT ANALYSIS 161
FIGURE 77 CF INDUSTRIES HOLDINGS INC.: COMPANY SNAPSHOT 162
FIGURE 78 SINOFERT HOLDINGS LIMITED.: COMPANY SNAPSHOT 164
FIGURE 79 COROMANDEL INTERNATIONAL LTD.: COMPANY SNAPSHOT 166
FIGURE 80 CVR PARTNERS, LP: COMPANY SNAPSHOT 168