SYNTHETIC NITROGEN FERTILIZER MARKET

INTRODUCTION TOSYNTHETIC NITROGEN FERTILIZER MARKET

Fertilizers with significant nitrogen content that are produced through industrial procedures are referred to as synthetic nitrogen fertilisers. Synthetic nitrogen fertilisers give plants an easy way to get the nutrient nitrogen, which is essential for plant growth.

Ammonia, which is created by the Haber-Bosch process, is often the starting material for synthetic nitrogen fertilisers. In order to create ammonia, this method includes mixing atmospheric nitrogen and hydrogen gas at high pressure and temperature while being assisted by a catalyst.

Once ammonia is created, it can be used to make urea, ammonium nitrate, and ammonium sulphate, among other nitrogen fertilisers. These fertilisers can be used in a variety of ways, including broadcasting, spraying, or adding to the soil.

 Synthetic nitrogen fertilisers have considerably increased crop yields and food production, but their excessive use can have detrimental effects on the environment.

Using nitrogen fertilisers excessively can lead to nutrient contamination, which can degrade water quality and promote the development of dangerous algal blooms.

In addition, the energy-intensive process of making synthetic nitrogen fertilisers results in greenhouse gas emissions and climate change.

SYNTHETIC NITROGEN FERTILIZER MARKET SIZE AND FORECAST

Global synthetic nitrogen fertilizer market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

SYNTHETIC NITROGEN FERTILIZER MARKET DYNAMICS

The business introduces its second-generation nitrogen product in an effort to boost agricultural output and provide better sustainability.

Pivot Bio PROVEN 40, the company's fourth commercial release in three years, enables corn growers to replace up to 40 pounds per acre of synthetic nitrogen with a better source of nitrogen. The company tripled its revenue and now offers farmers a groundbreaking product used on more than million acres of farmland.

Synthetic fertiliser, which has a $197 billion global market, is the main contributor to greenhouse gases associated with agriculture, depletes soils, and is bad for fisheries and water supplies.

The solution from Pivot Bio avoids the negative impacts of synthetic nitrogen and can prevent $200 billion in environmental damage over the following ten years, all while providing farmers with reliable harvests and income despite a changing climate.

SYNTHETIC NITROGEN FERTILIZER MARKETCOMPANY PROFILE

• Mosaic
• PotashCorp
• Borealis
• SABIC
• OCI Nitrogen
• EuroChem
• CF Industries
• Yara International

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFSYNTHETIC NITROGEN FERTILIZER MARKET

1. How many synthetic nitrogen fertilizer are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global synthetic nitrogen fertilizer and key vendor selection criteria
3. Where is the synthetic nitrogen fertilizer manufactured? What is the average margin per unit?
4. Market share of Global synthetic nitrogen fertilizer market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global synthetic nitrogen fertilizer in-house
6. key predictions for next 5 years in Global synthetic nitrogen fertilizer market
7. Average B-2-B synthetic nitrogen fertilizer market price in all segments
8. Latest trends in synthetic nitrogen fertilizer market, by every market segment
9. The market size (both volume and value) of the synthetic nitrogen fertilizer market in 2024-2030 and every year in between?
10. Production breakup of synthetic nitrogen fertilizer market, by suppliers and their OEM relationship