Tuesday, March 29th, 2016 - Persistence Market Research PVT. LTD.

Nitrogen is an odorless, colorless chemical element which is a source of raw material in various important industrial compounds such as nitric acid, ammonia, and cyanides. It occurs in majority of the organisms, primarily amino acids such as proteins, and nucleic acids (RNA and DNA). Nitrogen is widely used as fertilizers where synthetically manufactured nitrates and ammonia are some of the vital industrial fertilizers used in the agrochemical industry. Other than fertilizers, nitrogen compounds are versatile organics used in industrial applications, developing Kevlar fabric and pharmaceutical drugs such as antibiotics.

 

The global market for nitrogen has been witnessing noticeable growth mostly due to the development of the fertilizer industry. Moreover, long term leases of ammonia vessels at fixed prices have enabled large scale companies to manage transportation costs thereby providing economical delivery to the consumers in developed as well as developing regions. These companies also own manufacturing facilities as well as major supply contracts with certain region emerging economies such as China thereby gaining flexibility and logistics strength for the imports. 

 

Growing demand for fertilizers on account of increasing food grain production is anticipated to boost the demand for nitrogen over the forecast period. However, increasing health and environmental concern regarding the ill effects of nitrogen based chemical fertilizers are expected to slow down the growth of the market. Increasing focus towards developing bio –based agrochemicals such as nitrogen fixation biofertilizers are anticipated to provide new opportunities for the growth of the market. North America remained the largest consumer for nitrogen. However, Asia Pacific is expected to lead the market over the forecast period on account of increasing use of agrochemicals and rising industrial activities in emerging economies such as China and India. 

 

Request Brochure of this Report: http://www.persistencemarketresearch.com/samples/4328

 

Agrium Inc., PotashCorp, ICL Fertilizers, K+S AG, Sinofert, Sociedad Química y Minera de Chile(SQM), andThe Mosaic Company among others are some of the major manufacturers of nitrogen dominating the market.

 

Request to view TOC: http://www.persistencemarketresearch.com/toc/4328

 

Key geographies evaluated in this report are:

  • North America
    • U.S
    • Canada
  • Europe
    • France, Germany, Italy, Spain, and the UK
    • Eastern Europe
    • CIS
  • APAC
    • China
    • India
    • Japan
    • Australia
    • Others
  • Latin America
    • Argentina
    • Brazil
    • Others

For more Info: http://www.persistencemarketresearch.com/contact-us.asp

 

Key features of this report

  • Drivers, restraints, and challenges shaping the Nitrogen market dynamics
  • Latest innovations and key events in the industry
  • Analysis of business strategies of the top players
  • Nitrogen market estimates and forecasts(2015 -2021)

File Library

Contact Profile

Persistence Market Research PVT. LTD.


Persistence Market Research (PMR) is an innovative provider of market research reports and consulting services. The three PMR pillars of strength that have helped us win clients for years are: Quality Research, Quick Research, and In-depth Research.

PMR’s team of seasoned analysts and consultants are experts in their domain. At PMR, we process complex, exhaustive primary and secondary research data into valuable insight. We understand that each client has a unique problem statement, and address it with our strengths. 


PMR
P: +1-646-568-7751
W: www.persistencemarketresearch.com/

Keywords

Nitrogen Market

Categories

Newsrooms

Sharing

More Formats