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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Nitrogen Nutrients Market Growth.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Nitrogen Nutrients Market Growth."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Nitrogen Nutrients Market Growth Outlook With Industry Review and Forecasts by 2024 : Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America accounted for largest chunk of nitrogen nutrients market share in 2016 owing to the increased use of modernized technologies for agriculture and farming. The agricultural methods and practices have also transformed in this region, which are supportive for better product yield and thus, boost the overall product demand in the coming years. Both, Europe and North America are likely to witness considerable production capacity expansion over the forecast period.  Asia Pacific shall witness a sluggish growth owing to the major alterations in government policies regarding fertilizers production and use. For instance, China adopted zero-growth strategy that limits nutrients & fertilizers consumption up to 1% per year only, thereby affecting a widespread Asia Pacific nitrogen nutrients market share. It also recently seized its ammonia production units, amounting to 15 million tons, which ultimately had a major blow on nitrogen nutrients market in Asia Pacific. Regional Analysis of Nitrogen Nutrients Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Nitrogen Nutrients Market :  The product is primarily used in agricultural industry in fertilizers, supplements and soil amendments applications. Approximately 70% of product demand for plants is met by fertilizers across the globe. Thus, it accounted for largest share in global nitrogen nutrients market in 2016 in terms of revenue. Soil amendment chemicals include soil softeners and conditioners that improve texture, fertility and other physical qualities of soil.  The major challenges to nitrogen nutrients market growth in future is the excessive cost associated with new product development and limited applications of nitrogen due to its inert nature. Lack of awareness among consumers about the product benefits will be the major restraining factor in nitrogen nutrients market size in the future. Also, excess of nitrogen in soil slows down root growth and stimulates abrupt shoot growth, resulting in depletion of plant carbohydrates reserves. Thus, it is always advised to feed the soil with optimum amount of nutrients to nurture their growth.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The prominent nitrogen nutrients market share contributors functional are PotashCorp, K+S AKTIENGESELLSCHAFT, Mosaic, CF Industries, Belaruskali, Conklin Company Partners Inc. and Agro-Culture Liquid Fertilizers, The Scotts Miracle-Gro Company, Alpine Solutions Corporation, Grassland Agro Limited, Yara International ASA, Miller Seed Company, Nachurs Alpine Solutions Corp, StollerUsa Inc. and EC Grow.  Product manufacturers are conducting research & development so as to make farmers aware regarding the usage of the product in soil enhancement. Competitive Market Share of Nitrogen Nutrients Market :

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Nitrogen Nutrients Market @ http://bit.ly/2jo5GHfhttp://bit.ly/2jo5GHf Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1610 Gaming Console Market

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