Nitro Compound Fertilizer Market Report 2025 (Global Edition)

Global Nitro Compound Fertilizer Market Report 2025 Market Size Split by Type Outlook: (Liquid Fertilizers, Solid Fertilizers), by Application Outlook: (Agriculture, Horticulture), by Crop type Outloo...

Nitro Compound Fertilizer Market Report Description

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Nitro Compound Fertilizer Market Insights Video

Competitive Landscape of the Nitro Compound Fertilizer Market

The competitive landscape of the Nitro Compound Fertilizer Market is shaped by major global players focusing on product innovation, cost-efficiency, and sustainability in fertilizer formulations. Companies are investing in advanced technologies such as slow-release fertilizers and eco-friendly alternatives to meet the growing demand for high-efficiency, environmentally-conscious agricultural solutions.

In October 2024, BASF's Personal Care division is expanding its range of natural-based emulsifiers with the introduction of Emulgade® Verde 10 OL. This new ingredient aligns with emerging trends in the personal care industry and is designed for cold manufacturing processes, offering benefits such as cost, time, and energy savings. (Source: https://www.basf.com/global/en/media/news-releases/2024/10/p-24-292) In October 2024, Koch Fertilizer will rebrand as Koch Ag and Energy Solutions to better align with its business scope and future vision. The newly renamed entity will serve as a holding company for Koch Fertilizer, Koch Energy Services, and Koch Methanol. (Source: https://kochagenergy.com/newsroom/koch-fertilizer-announces-new-holding-company) In July 2024, Sumitomo Chemical announced the launch of its new digital platform, Biondo®, on July 18, 2024, marking the first of its kind in Japan. Biondo® will offer component analysis services and connect sellers and buyers of natural materials, providing added value to customers through Sumitomo Chemical’s advanced analysis technologies, extensive databases, and digital transformation capabilities. (Source: https://www.sumitomo-chem.co.jp/english/news/detail/20240718e.html)

Top Companies Market Share in Nitro Compound Fertilizer Industry: (In no particular order of Rank)

• Yara International ASA
• CF Industries Holdings
• Inc.
• Nutrien Ltd.
• BASF SE
• Koch Industries
• Inc.
• OCI Nitrogen
• The Mosaic Company
• Sumitomo Chemical Co.
• Ltd.
• SABIC (Saudi Basic Industries Corporation)
• EuroChem Group
• Coromandel International Ltd.
• Indian Farmers Fertiliser Cooperative Limited (IFFCO)
• Uralchem JSC
• Fertiberia SA
• Zhengzhou Dadi Agricultural Technology Co.
• Ltd.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Nitro Compound Fertilizer Market

Which Region Dominates the Nitro Compound Fertilizer Market in 2024?

According to Cognitive Market Research, North America is the dominant region in the Nitro Compound Fertilizer Market, driven by advanced agricultural practices, significant investment in farming technologies, and high demand for crop yields to support its large agricultural industry. The region's well-established infrastructure, along with government subsidies for farming, also contribute to the strong market presence.

Which Region is Expanding at the Fastest CAGR?

Europe is the fastest-growing region in the Nitro Compound Fertilizer Market, fueled by the adoption of sustainable farming practices, increasing demand for eco-friendly fertilizers, and advancements in precision agriculture. The region’s stringent regulations on environmental impact encourage the use of more efficient, lower-emission fertilizers, driving market growth.

The current report Scope analyzes Nitro Compound Fertilizer Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Nitro Compound Fertilizer

According to Cognitive Market Research, the global Nitro Compound Fertilizer Market size was estimated at USD 15214.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 6058.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Nitro Compound Fertilizer Market with a market size of USD 4801.70 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast periodThe United States is the dominant country, driven by its advanced agricultural sector, large-scale farming operations, and high fertilizer demand.
• The Canada Nitro Compound Fertilizer Market had a market share of USD 730.30 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Canada is the fastest-growing, supported by growing agricultural exports and the adoption of modern farming practices.
• The Mexico Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 553.81 million in 2024.

Europe Nitro Compound Fertilizer

According to Cognitive Market Research, the global Nitro Compound Fertilizer Market size was estimated at USD 15214.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 4564.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.

• The United Kingdom Nitro Compound Fertilizer Market had a market share of USD 766.81 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. The UK is the fastest-growing country in the Nitro Compound Fertilizer Market due to its focus on sustainable farming and efficient fertilizer use.
• The France Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 419.92 million in 2024.
• According to Cognitive Market Research, the German Nitro Compound Fertilizer Market size was valued at USD 903.74 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. Germany leads the market due to its strong agricultural production and emphasis on sustainable farming practices.
• The Italy Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 392.53 million in 2024.
• The Russia Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 707.47 million in 2024.
• The Spain Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 374.28 million in 2024
• The Luxembourg Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 141.49 million in 2024.
• The Portugal Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 95.85 million in 2024.
• The Greece Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 54.77 million in 2024.
• The Rest of Europe's Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 707.47 million in 2024.

Asia Pacific Nitro Compound Fertilizer

According to Cognitive Market Research, the global Nitro Compound Fertilizer Market size was estimated at USD 15214.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 3499.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Nitro Compound Fertilizer Market size was valued at USD 1574.70 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. China dominates the region due to its vast agricultural landscape and high fertilizer consumption to support food production.
• The Japan Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 482.91 million in 2024.
• The India Nitro Compound Fertilizer Market had a market share of USD 419.92 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. India is the fastest-growing, driven by government initiatives to enhance crop yields and agricultural productivity.
• The South Korean Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 349.93 million in 2024.
• The Australian Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 181.97 million in 2024.
• The South East Asia Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 241.45 million in 2024.
• The Rest of Asia Pacific Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 248.45 million in 2024.

South America Nitro Compound Fertilizer

According to Cognitive Market Research, the global Nitro Compound Fertilizer Market size was estimated at USD 15214.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 760.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Nitro Compound Fertilizer Market size was valued at USD 325.59 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Brazil is the dominant country, with large agricultural exports and intensive farming practices driving fertilizer demand.
• Argentina's Nitro Compound Fertilizer Market had a market share of USD 127.80 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Argentina is the fastest-growing, supported by its expanding agricultural sector and adoption of advanced farming technologies.
• Colombia Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 67.70 million in 2024.
• Peru Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 62.38 million in 2024.
• Chile Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 54.77 million in 2024.
• The Rest of Latin America's Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 122.48 million in 2024.

Middle East and Africa Nitro Compound Fertilizer

According to Cognitive Market Research, the global Nitro Compound Fertilizer Market size was estimated at USD 15214.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 304.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

• The GCC Countries Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 130.24 million in 2024. GCC countries dominate the Nitro Compound Fertilizer Market due to strong government support for agricultural initiatives and large-scale investments in agricultural development.
• The Egypt Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 31.95 million in 2024.
• The South Africa Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 48.08 million in 2024. South Africa is the fastest-growing country in the Nitro Compound Fertilizer Market, driven by expanding agricultural activities and increasing demand for fertilizers to boost crop productivity.
• The Turkey Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 26.17 million in 2024.
• The Nigeria Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 31.95 million in 2024.
• The Rest of the MEA Nitro Compound Fertilizer Market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 35.91 million in 2024.

Nitro Compound Fertilizer Market Analysis

How are Segments Performing in the Global Nitro Compound Fertilizer Market?

Nitro Compound Fertilizer Market Type Segment Analysis

According to Cognitive Market Research, Solid fertilizers dominate the Nitro Compound Fertilizer Market due to their widespread use and ease of Application. They are highly preferred by farmers for both large-scale and small-scale farming due to their cost-effectiveness and versatility. Solid fertilizers are typically applied directly to the soil, providing a slow release of nutrients that ensures sustained crop growth. Their widespread availability and established distribution channels in agricultural markets further solidify their dominance in the industry.

Liquid fertilizers are the fastest-growing category in the market, driven by their efficiency in nutrient absorption and ability to be used with modern irrigation systems like fertigation. These fertilizers are increasingly adopted in precision agriculture for targeted Applications, reducing waste and improving crop yield. Liquid formulations also offer flexibility, making them ideal for both large-scale commercial farming and smaller, high-value crop cultivation, contributing to their rapid growth in the market.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Nitro Compound Fertilizer Industry. Request a Free Sample PDF!

Nitro Compound Fertilizer Market Application Segment Analysis

According to Cognitive Market Research, Agriculture is the dominant application segment in the Nitro Compound Fertilizer Market, as it constitutes the largest portion of fertilizer demand globally. Nitro compound fertilizers, rich in nitrogen, phosphorus, and potassium, are essential for enhancing soil fertility and improving crop yields. As the global population increases, the demand for food production grows, making agriculture the primary driver of market growth. The widespread use of these fertilizers in staple crops like wheat, corn, and rice further solidifies agriculture’s dominant position.

Horticulture is the fastest-growing application segment in the Nitro Compound Fertilizer Market, driven by the rising demand for high-quality fruits, vegetables, and ornamental plants. With growing consumer interest in organic farming and home gardening, specialized fertilizers like nitro compounds are gaining popularity in horticultural applications. These fertilizers provide essential nutrients for plant growth, promoting healthier and more productive yields in the horticulture industry. Additionally, the expansion of urban farming and gardening activities further boosts the demand for horticultural fertilizers.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Nitro Compound Fertilizer Crop type Outlook: Segment Analysis

Nitro Compound Fertilizer Market Crop Type Segment Analysis

According to Cognitive Market Research, Food crops dominate the Nitro Compound Fertilizer Market due to the essential role they play in global food production. As the world's population continues to grow, the demand for high-yielding food crops such as grains, vegetables, and pulses increases. Nitrocompound fertilizers are widely used in food crop cultivation to enhance soil fertility and boost productivity. Governments and farmers heavily invest in fertilizers to ensure sufficient food supply, making food crops the leading category in the market.

Horticulture crops are the fastest-growing segment in the Nitro Compound Fertilizer Market, driven by the rising demand for fruits, vegetables, and ornamental plants. As consumer preferences shift towards healthier diets and increased consumption of fresh produce, the need for effective fertilizers to improve crop quality and yield is growing. Additionally, the increasing adoption of precision farming techniques in horticulture further contributes to the rapid growth of this se–segment.

• Food Crop
• Cash Crop
• Horticulture Crops
• Plantation Crops
• Others

Author's Detail

Pratik Shirsath

Research Associate at Cognitive Market Research

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