North America Urea Fertilizers Market by Application [Grains & Oilseeds, Fruits & Vegetables, Rest (Crops)], by Geography (U.S., Canada, Mexico) - Trends & Forecasts Upto 2019

The North America urea fertilizers market is estimated to grow at a CAGR of 2.8% during the forecast period of 2014 to 2019. The demand for urea fertilizers has continued to remain robust across all regions. This is because the constantly rising grain prices in recent years have encouraged farmers to maximize yield. Additionally, farmers can afford fertilizers due to the increase in their incomes.

Urea is the easiest and an abundant source of the nitrogen nutrient. Urea fertilizers are applied to grains, oilseeds, fruits, and vegetables, among others. Each has its own capacity to synthesize naturally. The cost of producing urea fertilizers depends upon the cost of its raw materials, which are natural gas and ammonia.

The North America urea fertilizers market is dominated by the U.S., followed by Canada.  The U.S. is the biggest consumer of meat and meat products. Thus, there is a high demand for grains in the meat industry, for the production of animal feed. The increased demand can only be met by increasing agricultural productivity, which can be achieved with the use of fertilizers for grain production.

The North America urea fertilizers market is a competitive market, with firms such as Agrium Inc. (Canada), Yara International ASA (Norway), PotashCorp (Canada), and CVR Partners LP (U.S.) among others, expanding their market share in the North American region. To gain a higher market share, these companies are adapting numerous market strategies including innovative product developments, partnerships, mergers & acquisitions, and expansion of existing facilities. Apart from these companies, there are a large number of small firms present in the North American market.

Scope of the Report

This research report categorizes the North America Urea Fertilizers Market into the following segments and sub-segments:

North America Urea Fertilizers Market, By Application:

• Grains & Oilseeds
• Fruits & Vegetables
• Rest (Crops)

North America Urea Fertilizers Market, By Geography:

• U.S.
• Canada
• Mexico

Table of Contents

1 Introduction (Page No. - 10)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 13)
    2.1 Integrated Ecosystem of Urea Fertilizers Market
    2.2 Arriving at the Urea Fertilizers Market Size
           2.2.1 Top-Down Approach
           2.2.2 Demand Side Approach
           2.2.3 Macroindicator-Based Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 20)

4 Market Overview (Page No. - 22)
    4.1 Introduction
    4.2 Urea Fertilizers Market: Comparison With Parent Market
    4.3 Market Drivers and Inhibitors
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

5 North America Urea Fertilizers Market, By Application (Page No. - 30)
    5.1 Introduction
    5.2 Demand Side Analysis
    5.3 Urea Fertilizers in Grains & Oilseeds, By Geography
    5.4 Urea Fertilizers in Fruits & Vegetables, By Geography
    5.5 Sneak View: North America Fertilizers Market, By Application

6 North America Urea Fertilizers Market, By Geography (Page No. - 38)
    6.1 Introduction
    6.2 U.S. Urea Fertilizers Market
           6.2.1 U.S. Urea Fertilizers Market, By Application
    6.3 Canada Urea Fertilizers Market
           6.3.1 Canada Urea Fertilizers Market, By Application
    6.4 Mexico Urea Fertilizers Market
           6.4.1 Mexico Urea Fertilizers Market, By Application

7 North America Urea Fertilizers Market: Competitive Landscape (Page No. - 49)
    7.1 Urea Fertilizers Market: Company Share Analysis
    7.2 Mergers & Acquisitions
    7.3 Expansions
    7.4 Investments
    7.5 Joint Ventures/Agreement

8 North America Urea Fertilizers Market, By Company (Page No. - 52)
    8.1 Agrium Inc.
           8.1.1 Overview
           8.1.2 Key Operations Data
           8.1.3 Key Financials
           8.1.4 Product and Service Offerings
           8.1.5 Related Developments
           8.1.6 MMM Analysis
    8.2 Yara International ASA
           8.2.1 Overview
           8.2.2 Key Financials
           8.2.3 Product and Service Offerings
           8.2.4 Related Developments
           8.2.5 MMM Analysis
    8.3 Potash Corporation of Saskatchewan Inc.
           8.3.1 Overview
           8.3.2 Key Operations Data
           8.3.3 Key Financials
           8.3.4 Product and Service Offerings
           8.3.5 Related Developments
           8.3.6 MMM Analysis
    8.4 Eurochem Mineral & Chemical Co OJSC
           8.4.1 Overview
           8.4.2 Key Financials
           8.4.3 Product and Service Offerings
           8.4.4 Related Developments
           8.4.5 MMM Analysis
    8.5 CF Industries Holdings Inc.
           8.5.1 Overview
           8.5.2 Key Financials
           8.5.3 Product and Service Offerings
           8.5.4 Related Developments
           8.5.5 MMM Analysis

9 Appendix (Page No. - 65)
    9.1 Customization Options
           9.1.1 Technical Analysis
           9.1.2 Low-Cost Sourcing Locations
           9.1.3 Regulatory Framework
           9.1.4 Urea Fertilizer-Crop Usage Data
           9.1.5 Impact Analysis
           9.1.6 Trade Analysis
           9.1.7 Historical Data and Trends
    9.2 Related Reports
    9.3 Introducing RT: Real Time Market Intelligence
           9.3.1 RT Snapshots

List of Tables (37 Tables)

Table 1 North American Urea Fertilizers Peer Market Size, 2014 (USD MN)
Table 2 North American Urea Fertilizers: Application Markets, 2014 (KT)
Table 3 North American Urea Fertilizers Market: Macroindicators, By Geography, 2014 (Mn Ha)
Table 4 North American Urea Fertilizers Market: Comparison With Parent Market, 2013–2019 (USD MN)
Table 5 North American Urea Fertilizers Market: Comparison With Parent Market, 2013–2019 (KT)
Table 6 North American Urea Fertilizers Market: Drivers and Inhibitors
Table 7 North American Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Table 8 North American Urea Fertilizers Market, By Application, 2013-2019 (KT)
Table 9 North American Urea Fertilizers Market, By Geography, 2013-2019 (USD MN)
Table 10 North American Urea Fertilizers Market, By Geography, 2013-2019 (KT)
Table 11 North American Urea Market: Comparison With Application Markets, 2013-2019 (USD MN)
Table 12 North American Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Table 13 North American Urea Fertilizers Market, By Application, 2014-2019 (KT)
Table 14 North American Urea Fertilizers in Grains & Oilseeds, By Geography, 2013-2019 (USD MN)
Table 15 North American Urea Fertilizers in Grains & Oilseeds, By Geography, 2013-2019 (KT)
Table 16 North American Urea Fertilizers in Fruits & Vegetables, By Geography, 2013-2019 (USD MN)
Table 17 North American Urea Fertilizers in Fruits & Vegetables, By Geography, 2013-2019 (KT)
Table 18 North American Urea Fertilizers Market, By Geography, 2013-2019 (USD MN)
Table 19 North American Urea Fertilizers Market, By Geography, 2013–2019 (KT)
Table 20 U.S. Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Table 21 U.S. Urea Fertilizers Market, By Application, 2013-2019 (KT)
Table 22 Canada Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Table 23 Canada Urea Fertilizers Market, By Application, 2013-2019 (KT)
Table 24 Mexico Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Table 25 Mexico Urea Fertilizers Market, By Application, 2013-2019 (KT)
Table 26 Urea Fertilizers Market: Company Share Analysis, 2014 (%)
Table 27 North American Urea Fertilizers Market: Mergers & Acquisitions
Table 28 North American Urea Fertilizers Market: Expansions
Table 29 North American Urea Fertilizers Market: Investments/Divestment
Table 30 North American Urea Fertilizers Market: Joint Ventures/Agreement
Table 31 Agrium, Inc.: Key Operations Data, 2009-2013 (USD MN)
Table 32 Agrium, Inc.: Key Financials, 2009-2013 (USD MN)
Table 33 Yara International ASA: Key Financials, 2009-2013 (USD MN)
Table 34 Potashcorp: Key Operations Data, 2009-2013 (USD MN)
Table 35 Potashcorp: Key Financials, 2009-2013 (USD MN)
Table 36 Eurochem: Key Financials, 2009-2013 (USD MN)
Table 37 CF Industries Holdings, Inc.: Key Financials, 2008-2013 (USD MN)

List of Figures (34 Figures)

Figure 1 North American Urea Fertilizers Market: Segmentation & Coverage
Figure 2 Urea Fertilizers Market: Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top-Down Approach
Figure 5 Demand Side Approach
Figure 6 Macroindicator-Based Approach
Figure 7 North American Urea Fertilizers Market: Snapshot
Figure 8 Urea Fertilizers Market: Growth Aspects
Figure 9 North American Urea Fertilizers Market, By Application, 2014 vs. 2019
Figure 10 North American Urea Fertilizers Market: Growth Analysis, By Geography, 2014–2019 (%)
Figure 11 Urea Fertilizers: Application Market Scenario
Figure 12 North American Urea Fertilizers Market, By Application, 2014-2019 (USD MN)
Figure 13 North American Urea Fertilizers Market, By Application, 2014-2019 (KT)
Figure 14 North American Urea Fertilizers Market in Grains & Oilseeds, By Geography, 2013-2019 (USD MN)
Figure 15 North American Urea Fertilizers Market in Fruits & Vegetables, By Geography, 2013-2019 (USD MN)
Figure 16 Sneak View: North America Fertilizers Market, By Application
Figure 17 North American Urea Fertilizers Market: Growth Analysis, By Geography, 2013-2019 (USD MN)
Figure 18 North American Urea Fertilizers Market: Growth Analysis, By Geography, 2013-2019 (KT)
Figure 19 U.S. Urea Fertilizers Market Overview, 2014 & 2019 (%)
Figure 20 U.S. Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Figure 21 U.S. Urea Fertilizers Market: Application Snapshot
Figure 22 Canada Urea Fertilizers Market Overview, 2014 & 2019 (%)
Figure 23 Canada Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Figure 24 Canada Urea Fertilizers Market: Application Snapshot
Figure 25 Mexico Urea Fertilizers Market Overview, 2014 & 2019 (%)
Figure 26 Mexico Urea Fertilizers Market, By Application, 2013-2019 (USD MN)
Figure 27 Mexico Urea Fertilizers Market: Application Snapshot
Figure 28 Urea Fertilizers Market: Company Share Analysis, 2014 (%)
Figure 29 Agrium Inc.: Revenue Mix, 2013 (%)
Figure 30 Yara International ASA: Revenue Mix, 2013 (%)
Figure 31 Potash Corporation Revenue Mix, 2013 (%)
Figure 32 Eurochem: Revenue Mix, 2013 (%)
Figure 33 CF Industries Holdings Inc.: Revenue Mix, 2013 (%)
Figure 34 Contribution of Nitrogen Segment Towards Company Revenues, 2008-2013 (USD MN)

Fertilizers are used to aid the growth of crops, particularly when the soil lacks nutrients. Nitrogen is one of the key elements required for a healthy crop. Crops that grow with the help of nitrogenous fertilizers usually have better and higher growth rates. This is because the nitrogen in the fertilizers assimilates into the chlorophyll, generating a better rate of photosynthesis for the plant. The use of nitrogenous fertilizers also gives crops better color and texture.

Fertilizers can be classified into two types- organic and inorganic. Organic fertilizers include bone meal and organic compost, while chemical or inorganic fertilizers are made artificially. Chemical/inorganic fertilizers are commercially produced in the form of granules or powders and are classified into three categories- nitrogenous fertilizers, phosphorus fertilizers, and potassium fertilizers. Among the aforementioned categories of fertilizers, nitrogen plays a vital role as it is the main constituent of proteins, which are essential for the growth and development of crops. Regular and sufficient supply of nitrogen determines a plant’s growth, vigor, color, and yield.

The purpose of this study is to analyze the North American market for urea fertilizers. This report includes revenue forecasts, market trends, and opportunities for the period, 2014 to 2019. The analysis has been conducted on the various market segments derived on the basis of the application of urea fertilizers.

The North America urea fertilizers market was valued at $5,135.3 million in 2014 and is projected to reach $5,885.4 million by 2019, at a CAGR of 2.8% during the period under consideration. The North American market was led by the grains & oilseeds application segment in 2014, with a 58.1% share.