市場調查報告書
商品編碼
1476358
2030 年氮肥市場預測:按產品、形式、應用和地區分類的全球分析Nitrogenous Fertilizer Market Forecasts to 2030 - Global Analysis By Product, Form, Application and By Geography |
根據Stratistics MRC的數據,2023年全球氮肥市場規模為667.7億美元,預計2030年將達到1,136.9億美元,預測期內複合年成長率為7.9%。
氮肥市場是指專門從事含氮化合物肥料生產、分銷和銷售的農業部門。氮肥透過為植物提供所需的氮養分,在提高土壤肥力和作物產量方面發揮重要作用。這些肥料為植物提供蛋白質合成、葉綠素生產以及整體生長和發育所需的氮。農業嚴重依賴氮肥來維持土壤健康、提高作物品質並確保糧食安全。
根據科氏農業與能源解決方案公司(Koch)與OCP簽署的協議,最大的磷礦開採公司和全球頂級化肥公司將收購約爾夫化肥公司III(JFC III)50%的股權,並將其出售給科赫子公司。
轉向精密農業
精密農業根據土壤條件、作物健康和天氣模式等即時資料和分析,精確定位需要特定養分(例如氮)的區域,幫助農民散佈。這種方法不僅提高了作物產量,而且透過減少肥料的過度使用、減少氮氣徑流和相關污染,最大限度地減少了對環境的影響。隨著農民擴大採用精密農業技術來最大限度地提高效率和永續性,針對特定作物和土壤要求量身定做的氮肥的需求不斷增加。
原物料價格波動
氮肥主要由氨製成,氨是由天然氣和其他含氮化合物產生的。這些原料價格的波動對化肥生產的總成本有重大影響。當原物料價格上漲時,製造商面臨生產成本增加,而這些成本往往以氮肥價格上漲的形式轉嫁給消費者。然而,這種價格敏感性可能會導致農民的需求減少,特別是那些預算有限或財政資源有限的地區的農民。
人口和作物生產需求的增加
隨著世界人口的成長,對糧食的需求也在增加,因此需要擴大農業生產。集中耕作方法需要增加氮肥投入,以維持土壤生產力並滿足預期的作物產量。都市化趨勢進一步減少耕地面積,增加現有農地擴大生產的壓力。因此,由於迫切需要永續提高作物產量來養活不斷成長的全球人口,氮肥市場繼續大幅擴張。
與替代肥料的競爭
來自有機肥料和緩釋肥料等替代肥料的競爭是氮肥市場面臨的主要挑戰。由於對環境永續性和土壤健康的擔憂,這些替代肥料越來越受到關注。天然有機肥料提供了一種對環境友善的解決方案,同時增加了土壤結構和微生物活性。然而,緩釋肥料可以在較長時間內為植物提供養分,從而降低淋濾和徑流的風險。
由於封鎖措施和行動限制而導致的全球供應鏈中斷導致了物流挑戰,影響了原料和成品的運輸。農業活動的減少以及農民對未來需求和市場狀況的擔憂導致化肥購買量減少,從而導致市場需求下降。然而,外匯波動和旨在減輕疫情對經濟影響的政府政策轉變對市場動態產生了進一步影響。
亞甲基脲部分預計將在預測期內成為最大的部分
透過提供高效、環保的解決方案,亞甲基脲領域預計將在預測期內佔據最大佔有率。亞甲基脲是一種緩釋氮肥,透過逐漸將氮釋放到土壤中,為作物提供長期持續的營養。這種受控釋放機制不僅確保了植物對養分的最佳吸收,而且最大限度地減少了氮的淋濾和揮發,降低了環境污染的風險,並提高了農業的永續性。
預計油籽和豆類產業在預測期內的複合年成長率最高。
預計油籽和豆類產業在預測期內的複合年成長率最高。豆類作物具有在共生細菌的幫助下透過根瘤固定大氣氮的獨特能力。這個過程使土壤富含氮,使其肥沃,適合後續作物,包括油籽。另一方面,油籽需要富含氮的土壤才能達到最佳生長和產量。因此,農民經常輪作油籽和豆類作物,以利用其固氮能力並減少對合成氮肥的需求。
在整個估計期間,亞太地區佔據了最大的市場佔有率。亞太地區的政府政策和補貼對於擴大氮肥市場發揮重要作用。這些政策通常包括向購買氮肥的農民提供補貼、對化肥生產和分配實施獎勵以及促進永續農業實踐等措施。透過提供財政支持和獎勵,政府旨在提高農業生產力,確保糧食安全並支持農村經濟。
預計亞太地區在預測期內將實現盈利成長。包括精密農業和資料分析在內的數位農業技術正在徹底改變亞太地區的農業實踐。這些進步使農民能夠最佳化氮肥散佈,並確保根據該地區的特定土壤和作物需求量身定做精確的劑量。這種精確度可以減少浪費,提高養分吸收效率並最大限度地減少對環境的影響。此外,該地區的廣泛研究和投資正在推動氮肥生產的創新,從而開發出更高效、更環保的配方。
According to Stratistics MRC, the Global Nitrogenous Fertilizer Market is accounted for $66.77 billion in 2023 and is expected to reach $113.69 billion by 2030 growing at a CAGR of 7.9% during the forecast period. The nitrogenous fertilizer market refers to the sector of the agricultural industry dedicated to the production, distribution, and sale of fertilizers containing nitrogen compounds. Nitrogen fertilizers play a crucial role in enhancing soil fertility and crop yield by supplying plants with the necessary nitrogen nutrients. These fertilizers provide plants with the necessary nitrogen required for protein synthesis, chlorophyll production, and overall growth and development. Agricultural practices heavily rely on nitrogenous fertilizers to maintain soil health, improve crop quality, and ensure food security.
According to a contract signed between Koch Ag & Energy Solutions (Koch) and OCP, the largest phosphate miner and top global fertiliser company will sell a 50% stake in Jorf Fertilizers Company III (JFC III) to a Koch subsidiary.
Shift towards precision agriculture
Precision agriculture enables farmers to optimize the application of fertilizers by precisely targeting areas that require specific nutrients, such as nitrogen, based on real-time data and analysis of soil conditions, crop health, and weather patterns. This approach not only enhances crop yields but also minimizes environmental impacts by reducing overuse of fertilizers, thus mitigating nitrogen runoff and its associated pollution. As farmers increasingly adopt precision agriculture techniques to maximize efficiency and sustainability, the demand for nitrogenous fertilizers tailored to specific crop and soil requirements is escalating.
Volatility in raw material prices
Nitrogenous fertilizers are primarily derived from ammonia, which is produced from natural gas or other nitrogen-containing compounds. Fluctuations in the prices of these raw materials can significantly affect the overall cost of fertilizer production. When raw material prices rise, manufacturers face increased production expenses, which often get passed on to consumers in the form of higher prices for nitrogenous fertilizers. However, this price sensitivity can lead to decreased demand from farmers, particularly those operating on tight budgets or in regions with limited access to financial resources.
Increasing population and crop production demand
As the world population expands, so does the need for sustenance, necessitating higher agricultural output. Intensive farming practices require higher inputs of nitrogenous fertilizers to maintain soil productivity and meet crop yield expectations. The rising trend of urbanization further diminishes arable land, intensifying the pressure on existing agricultural areas to produce more. Consequently, the nitrogenous fertilizer market continues to witness significant expansion, driven by the imperative to sustainably increase crop yields to feed a growing global population.
Competition from alternative fertilizers
Competition from alternative fertilizers, such as organic and slow-release formulations, presents a significant challenge to the nitrogenous fertilizer market. These alternatives are gaining traction due to concerns over environmental sustainability and soil health. Organic fertilizers, derived from natural sources, offer eco-friendly solutions while also enhancing soil structure and microbial activity. However, slow-release fertilizers provide nutrients to plants over an extended period, reducing the risk of leaching and runoff.
Disruptions in global supply chains due to lockdown measures and restrictions on movement led to logistical challenges, affecting the transportation of raw materials and finished products. Reduced agricultural activity and uncertainty among farmers regarding future demand and market conditions resulted in decreased fertilizer purchases, leading to a decline in market demand. However, fluctuations in currency exchange rates and shifts in government policies aimed at mitigating the economic impact of the pandemic further influenced market dynamics.
The Methylene Urea segment is expected to be the largest during the forecast period
Methylene Urea segment is expected to be the largest during the forecast period by offering a highly efficient and environmentally friendly solution. Methylene Urea, a slow-release nitrogen fertilizer, gradually releases nitrogen into the soil, thereby providing sustained nutrition to crops over an extended period. This controlled release mechanism not only ensures optimal nutrient uptake by plants but also minimizes nitrogen leaching and volatilization, reducing the risk of environmental pollution and enhancing agricultural sustainability.
The Oilseeds & Pulses segment is expected to have the highest CAGR during the forecast period
Oilseeds & Pulses segment is expected to have the highest CAGR during the forecast period. Leguminous crops such as pulses have the unique ability to fix atmospheric nitrogen through their root nodules with the help of symbiotic bacteria. This process enriches the soil with nitrogen, making it more fertile for subsequent crops, including oilseeds. Oilseeds, on the other hand, require nitrogen-rich soil for optimal growth and yield. Therefore, farmers often rotate oilseed and pulse crops in their fields to harness this nitrogen-fixing capacity, reducing the need for synthetic nitrogenous fertilizers.
Asia Pacific region commanded the largest share of the market throughout the extrapolated period. Government policies and subsidies in the Asia Pacific region are playing a substantial role in enhancing the nitrogenous fertilizer market. These policies often include measures such as providing subsidies to farmers for purchasing nitrogenous fertilizers, implementing incentives for the production and distribution of fertilizers, and promoting sustainable agricultural practices. By offering financial support and incentives, governments aim to increase agricultural productivity, ensure food security, and support rural economies.
Asia Pacific region estimated to witness profitable growth over the projection period. Digital farming technologies, including precision agriculture and data analytics, are revolutionizing agricultural practices in the Asia Pacific region. These advancements enable farmers to optimize nitrogen fertilizer application, ensuring precise dosages tailored to specific soil and crop needs in the region. This precision reduces waste, enhances nutrient uptake efficiency, and minimizes environmental impact. Moreover, extensive research and investment in the region are driving innovation in nitrogenous fertilizer production, leading to the development of more efficient and environmentally friendly formulations.
Key players in the market
Some of the key players in Nitrogenous Fertilizer market include Agrium Inc, Bunge Limited, CF Industries Holdings, Inc, Coromandel International Ltd, EuroChem Group AG, Haifa Chemicals Ltd, Indian Farmers Fertilizer Cooperative Limited, Israel Chemicals Ltd, Koch Industries, Inc, OCI Nitrogen BV, Sinofert Holdings Limited, The Mosaic Company and Yara International ASA.
In June 2022, An agreement has been inked between top global ammonia player Yara International ASA and the Japan Bank for International Collaboration (JBIC), a Japanese policy-based financial institution, to further deepen cooperation in the field of clean ammonia.
In March 2022, EuroChem Group announced that it has completed the purchase of the share holding control of Brazilian distributor Fertilizantes Heringer SA, with 51.48% of the shares, further strengthening its production and distribution capacity in Brazil.