U.S. Nitrogenous Fertilizer Market Size & Outlook
U.S. nitrogenous fertilizer market, 2018-2030 (US$M)
Related Markets
U.S. nitrogenous fertilizer market highlights
- The U.S. nitrogenous fertilizer market generated a revenue of USD 9,638.1 million in 2022 and is expected to reach USD 15,151.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.8% 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.
Nitrogenous fertilizer market data book summary
| Market revenue in 2022 | USD 9,638.1 million |
| Market revenue in 2030 | USD 15,151.7 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Ammonia |
| Fastest growing segment | Ammonia |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, U.S. accounted for 8.4% of the global nitrogenous fertilizer market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. nitrogenous fertilizer market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 15,151.7 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 |
|---|
U.S. 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 34.53% in 2022. Horizon Databook has segmented the U.S. 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.
The U.S. is the fourth-largest producer of nitrogen fertilizers in the world. The increased growth in bioethanol production in the country has led to the emergence of corn as the largest nitrogen consuming crop in the U.S. Most ammonia production in the country takes place near large reserves of natural gas in Oklahoma, Louisiana, and Texas owing to the use of natural gas as a hydrogen feedstock.
It is also used to fuel the high temperature and pressure required to produce ammonia. According to the U.S. Geological Survey, the domestic production of ammonia in the country was approximately 17 million metric tons in 2020. A small amount of ammonia produced in the country is exported.
Reasons to subscribe to U.S. 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 U.S. 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 country-level data and insights on the U.S. nitrogenous fertilizer market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nitrogenous fertilizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. nitrogenous fertilizer market size, by product, 2018-2030 (US$M)
U.S. Nitrogenous Fertilizer Market Outlook Share, 2022 & 2030 (US$M)
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
