Albany, NY -- (SBWIRE) -- 07/24/2015 -- Nitrogen is a vital component of plant proteins. While it is present abundantly in the Earth's atmosphere, several plants are incapable of converting them into a form they can use. Hence, nitrogenous fertilizers are used to provide nutrition and enhance growth, color, and texture of crops.

The nitrogen in the fertilizers stimulates chloroplasts in plants and enhances the rate of photosynthesis, improving the quality and quantity of yields. They are available in two forms: dry pellets and liquid. Technavio's analysts forecast the global nitrogenous fertilizer market to grow at a CAGR of 1.99% in terms of revenue and 1.60% in terms of volume over the period 2014-2019.

In this report, Technavio covers the present scenario and growth prospects of the global nitrogenous fertilizer market for the period 20152019. To determine the market size, we use the revenue generated from the sales of nitrogenous fertilizers. Nitrogenous fertilizers can be segmented into three: urea, ammonium nitrate, and others.

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Technavio's report, Global Nitrogenous Fertilizer Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, Latin America, North America, and ROW; it also covers the landscape of the global nitrogenous fertilizer market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Regions:
APAC
Europe
Latin America
North America
ROW

Key Market Driver:
Increased Demand for Food
For a full, detailed list, view our report

Key Market Challenge:
Health and Environmental Concerns
For a full, detailed list, view our report

Key Market Trend:
Rise in Agricultural Sustainability
For a full, detailed list, view our report

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Key Questions Answered in this Report:
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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