Nitrogenous Fertilizers Market Expected To Trigger A Revenue To Reach USD 85.4 Billion By 2025 : Grand View Research Inc.
San Francisco, 11 November 2019: The Report Nitrogenous Fertilizer Market Size, Share & Trends Analysis Report By Product (Urea, Ammonium Nitrate), By Application (Cereals & Grains, Oilseeds & Pulses), By Region, And Segment Forecasts, 2019 – 2025 The global nitrogenous fertilizers market size is projected to reach USD 85.4 billion by 2025, exhibiting a CAGR of 4.5% over the forecast period, according to a new report by Grand View Research, Inc. Nitrogen is considered as an important ingredient in the manufacturing of fertilizers, owing to its nutritional properties. Increase in the global population has resulted in the rise in the annual crop yield, which has boosted agriculture sector across the globe. Urea, ammonia, and ammonium sulfate are the key nitrogenous fertilizers and anticipated to witness significant growth over the forecast period. Ammonium sulfate is a slow nitrogenous fertilizer with approximately 20.6% nitrogen and it is also a rich source o