According to Food and Agriculture Organization, “The minimum guaranteed amount of total nitrogen, available phosphorus, expressed as P2C5" and potassium soluble in water expressed as K20 must be 35 percent in compound chemical fertilizers.”
According the report, With the rising trend of adoption of Urea in this market across the world is rising the market value of this nitrogen fertilizers. Urea is having a high nitrogen content (46%). China and India are the largest producers and consumers of urea in the world. Thus trending the market. is one of the primary growth factors for the market. Increasing Population Numbers Across the Globe
is also expected to contribute significantly to the Nitrogen Fertiliser market. Overall, Soil
applications of Nitrogen Fertiliser, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Nitrogen Fertiliser market identified that the demand is rising in many different parts of the world as "The Asia-Pacific region holds the largest share among all regions in the nitrogenous fertilizer market, accounting for 60% of the total global nitrogenous fertilizer usage. China and India share the largest consumption share in the Asia-Pacific fertilizer market, with China alone accounting for more than 50% of the consumption in the region. Hence, boosting the market."
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Nitrogen Fertiliser market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Nitrogen Fertiliser market and other related sub-markets covered in the study.
o Key & emerging players in the Nitrogen Fertiliser market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Nitrogen Fertiliser market size is calculated using market estimation process, the Nitrogen Fertiliser market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Nitrogen Fertiliser market size has been validated using both top-down and bottom-up approaches.