Asia Pacific Nitrogenous Fertilizer Market Size & Outlook
Asia Pacific nitrogenous fertilizer market, 2018-2030 (US$M)
Related Markets
Asia Pacific nitrogenous fertilizer market highlights
- The Asia Pacific nitrogenous fertilizer market generated a revenue of USD 77,118.9 million in 2022.
- The market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, ammonia was the largest revenue generating product in 2022.
- Ammonia is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 77,118.9 million |
| Market revenue in 2030 | USD 123,134.9 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Ammonia |
| Fastest growing segment | Ammonia |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Urea, Methylene Urea, Ammonium Nitrate, Ammonium Sulfate, Ammonia, Calcium Ammonium Nitrate |
| Key market players worldwide | Nutrien Ltd, The Mosaic Co, Yara International ASA, CF Industries Holdings Inc, ICL Group Ltd, Bunge Global SA, Sasol Ltd, OCI NV, Koch Industries |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 67.3% of the global nitrogenous fertilizer market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 15,590.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Nitrogenous Fertilizer Market Scope
Nitrogenous Fertilizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific nitrogenous fertilizer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nitrogenous fertilizer market will help companies and investors design strategic landscapes.
Ammonia was the largest segment with a revenue share of 31.52% in 2022. Horizon Databook has segmented the Asia Pacific nitrogenous fertilizer market based on urea, methylene urea, ammonium nitrate, ammonium sulfate, ammonia, calcium ammonium nitrate covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Food and Agriculture Organization, the ammonia supply capability of Asia Pacific was 10,946 thousand tons while the demand for nitrogen fertilizers was 9,863 thousand tons in 2020. The region has been a cumulation of the largest agrarian countries including Thailand, Japan, India, Indonesia, the Philippines, and other agricultural-based economies.
The region accounts for around 60% of the global consumption of nitrogenous fertilizers. Economic development in Asia Pacific has enabled the transfer of advanced agricultural technologies from the western part of the world to the region.
Reasons to subscribe to Asia Pacific nitrogenous fertilizer market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific nitrogenous fertilizer market databook
-
Our clientele includes a mix of nitrogenous fertilizer market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific nitrogenous fertilizer market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific nitrogenous fertilizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific nitrogenous fertilizer market
Asia Pacific Nitrogenous Fertilizer Market Outlook Share, 2022 & 2030 (US$M)
Asia Pacific nitrogenous fertilizer market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
