The Report “Latin America Nitrogenous Fertilizer Market By Type (Ammonia, Ammonium Nitrate, Ammonium Sulphate, Calcium Ammonium Nitrate, Urea and Others), By Application and By Country - Trends and Forecast Upto 2019” is estimated to reach $9,360.77 million by 2019, growing at a CAGR of 3.2% from 2014 to 2019.
Browse through the TOC of the Latin America Nitrogenous Fertilizer Market for an analysis of industry trends and segments, with the help of various tables and figures.
Early buyers will receive 10% customization on this report
The Latin America Nitrogenous Fertilizers market is lagging in the global Nitrogenous Fertilizers market. The advancement in agricultural technology and modern practices improves the efficiency of fertilizers and the land. This results in reduced demand for fertilizers as there is reduced wastage due to increase in efficiency. Hence, the demand for fertilizer products decreases.
In 2014, Brazil was the largest Nitrogenous Fertilizers market by value followed by Argentina. Brazil also accounted for the highest CAGR among Latin American countries for the estimated period. In Brazil, the agriculture sector is well advanced and it also enjoys abundant land & sufficient rainfall. There are no odds against the agriculture sector and it is growing at a good pace. Thus, there is considerable demand for agriculture fertilizers from this part of the world. Ethanol, a common bio-fuel in Brazil, is advocated over conventional fuels. Increased use of bio-fuels has encouraged farmers to increase their farm production. Sugarcane is used for obtaining ethanol. This has pushed the demand for fertilizers.
The Nitrogenous Fertilizers Market is segmented and projected on the basis of applications, such as Grains and Oilseeds, Fruits and vegetables, and Rest (Crops). The Nitrogenous Fertilizers Market in Latin America is further segmented by types of nitrogenous fertilizers used in Latin America, such as Ammonium Fertilizers, Ammonium Nitrate Fertilizers, Ammonium Sulfate Fertilizer, Calcium Ammonium Nitrate Fertilizers, Urea, and others. Latin America Nitrogenous Fertilizers Market is also segmented and forecasted on the basis of major countries, such as the Brazil, Argentina, and others.
This report also comprises market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of key players in the Latin American Nitrogenous Fertilizers market.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Contact:
Mr. Priyank Tiwari
UNIT no 802, Tower No. 7, SEZ
Magarpatta City, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-502-0539
Email: sales@micromarketmonitor.com
