According to a market report by Lucintel, the future of the global nitric acid and ammonium nitrate based fertilizer product market looks promising with opportunities in the agriculture, horticulture, and turf & ornamental markets. The global nitric acid and ammonium nitrate based fertilizer product market is expected to grow with a CAGR of 3.7% from 2024 to 2031. The major drivers for this market are the increasing demand for high-yielding agricultural products, the rising need for efficient nitrogen-based fertilizers, and the growing adoption of precision farming techniques.
A more
than 150-page report to understand trends, opportunity and forecast in global nitric
acid and ammonium nitrate based fertilizer product market to 2031 by product
type (nitric acid, ammonium nitrate, and others), application (agriculture,
horticulture, turf & ornamental, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the product type category, ammonium nitrate is expected
to witness higher growth over the forecast period.
Within the
application category, agriculture is expected to witness the highest growth.
Download
sample by clicking on nitric
acid and ammonium nitrate based fertilizer product market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Yara
International, CF Industries Holdings, Nutrien, OCI, EuroChem Group are the
major suppliers in the nitric
acid and ammonium nitrate based fertilizer product market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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