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Lucintel’s Analysis of Global Nitrogen Fertilizer Industry: Market Expected to Reach $109.83 Billion in 2017
Date:5/13/2013

which saw prices increase 37% while natural gas prices increased 27% during 2007-2008. These higher costs drove the price and the growth of nitrogen fertilizer in 2008. Global production and trade of nitrogen fertilizer, however, were adversely affected in 2009 as the global demand for fertilizers collapsed due to the economic downturn.

As indicated in the study, maintaining adequate food supplies remains a serious problem in many locations around the globe. Nitrogen fertilizers have been proven to significantly increase farming productivity by providing essential soil nutrients in both developed and developing countries. Global population and economic growth are the major forces driving increased global food demand, crop production, and nitrogen fertilizer use.

This study provides an overview of the nitrogen fertilizer industry, tracking one market segment across four geographic regions. Thus, a total of four segments of the global nitrogen fertilizer industry are tracked.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight growth challenges and cost efficiency.

Read the full story at http://www.prweb.com/releases/2013/5/prweb10726004.htm.


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