Global Nitrogen, Phosphorus and Potassium Fertilizers Market 2022 - Snapshot

The global nitrogen, phosphorus and potassium fertilizers market is likely to register a CAGR of over 1.6% with an incremental growth of 21 million tons during the forecast period 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the product, raw material, crop type, and region. The global market data on nitrogen, phosphorus and potassium fertilizers can be segmented by product: nitrogen fertilizers, phosphate fertilizers, potassium fertilizers. Nitrogen, phosphorus and potassium fertilizers market is further segmented by raw material: ammonia, phosphoric acid, potassium oxide. In 2021, the ammonia segment made up the largest share of the nitrogen, phosphorus and potassium fertilizers market. Based on crop type, the nitrogen, phosphorus and potassium fertilizers market is segmented into: cereals, fruits and vegetables, grass, oilseeds, residual. Among these, the cereals segment was accounted for the largest share of the market in 2021. On the basis of region, the nitrogen, phosphorus and potassium fertilizers market also can be divided into: Asia, Africa, Americas, Europe, Rest of the World (RoW).

The cereals market is further segmented into maize, rice, wheat, others. Furthermore, the oilseeds market has been categorized into palm, soy, others. The fruits and vegetables market is further divided into fiber, fruits, roots and tubers, sugar, veg.

The global nitrogen, phosphorus and potassium fertilizers market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Abu Qir Fertilizers Company (AFC), CF Industries Holdings Inc., Chambal Fertilisers and Chemicals Ltd., Coromandel International Limited, Dawood Hercules Corporation Limited, EuroChem Group AG, ICL Group Ltd., JSC Belaruskali, JSC PhosAgro, K+S AG, Nutrien Ltd., OCI N.V., OCP SA, Pakarab Fertilizers Limited (Fatima Group), Sinochem Corporation, The Arab Potash Company, The Mosaic Company, Uralkali PJSC, Yara International ASA.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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