Nitrogen Fixing Fertilizer Market to Experience Substantial Growth of 142.16 Billion by 2029, Size, Share, Trends, Demand, Opportunities, Growth Rate and Competitive Landscape

PRESS RELEASE
Published June 17, 2023

Data Bridge Market Research analyses that the nitrogen fixing fertilizer market was valued at USD 81.51 billion in 2021 and is expected to reach USD 142.16 billion by 2029, registering a CAGR of 7.20% during the forecast period of 2022 to 2029.

The world class Nitrogen Fixing Fertilizer Market research report is structured with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters, and well-informed researchers. This global market report offers an analytical assessment of the prime challenges faced by the market currently and in the coming years, which gives idea to other market participants about the problems they may face while operating in this market over a longer period of time. In the large scale Nitrogen Fixing Fertilizer market report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues.

Market Definition

Nitrogen fixation is a natural process in which the N2 gas is converted into a usable form for plants and other microbes. During this process, N2 gas is present in the atmosphere, which is changed into ammonia and other related nitrogenous compounds. Nitrogen fixing bio-fertilizer fixes atmospheric nitrogen in the soil without the help of a host plant. It can fix up to 30 to 40 kg of nitrogen per hectare, depending on soil situations. It actually improves the soil by making it rich in nitrogen.

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Some of the major players operating in the nitrogen fixing fertilizer market are:

  • Yara (Norway)
  • Nutrien Ltd (Canada)
  • EuroChem Group (Switzerland)
  • AGRI INDIA BIOTECH (India)
  • Lallemand Inc (Canada)
  • AUMGENE Biosciences (India)
  • CF Industries Holdings Inc. (U.S.)
  • PJSC (Russia)
  • Koch Ag & Energy Solutions, LLC (U.S.)
  • Vegalab S.A (Switzerland)
  • OCI (Netherlands)
  • Chongqing Stanley Info-tech Co., Ltd. (China)
  • Sinofert Holdings Limited (China)
  • Seipasa (Spain)
  • Coromandel International Limited (India)
  • Criyagen (India)
  • Symborg (Spain)
  • URALCHEM JSC (Russia)
Global Nitrogen Fixing Fertilizer Market Scope

The nitrogen fixing fertilizer market is segmented on the basis of type, crop type, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Urea
  • Calcium Ammonium Nitrate
  • Ammonium Nitrate
  • Ammonium Sulphate
  • Others

Crop Type

  • Macro-indicators
  • Cereals and Grains
  • Oilseeds and Pulses
  • Turf and Ornamentals,
  • Fruits and Vegetables
  • Others

 Form

  • Liquid
  • Carrier-Based

Application

  • Soil Treatment
  • Seed Treatment
  • Others

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Nitrogen Fixing Fertilizer Market Regional Analysis/Insights

The Nitrogen Fixing Fertilizer market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Nitrogen Fixing Fertilizer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Nitrogen Fixing Fertilizer within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Nitrogen Fixing Fertilizer market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

The report answers questions such as:

  1. What is the market size and forecast of the Nitrogen Fixing Fertilizer Market?
  2. What are the inhibiting factors and impact of COVID-19 shaping the Nitrogen Fixing Fertilizer Market during the forecast period?
  3. Which are the products/segments/applications/areas to invest in over the forecast period in the Nitrogen Fixing Fertilizer Market?
  4. What is the competitive strategic window for opportunities in the Nitrogen Fixing Fertilizer Market?
  5. What are the technology trends and regulatory frameworks in the Nitrogen Fixing Fertilizer Market?
  6. What is the market share of the leading vendors in the Nitrogen Fixing Fertilizer Market?
  7. What modes and strategic moves are considered suitable for entering the Nitrogen Fixing Fertilizer Market?

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