News
Stay Ahead with the Latest Industry Trends & Market Insights with Industry News 📰

U.S. and Canada Nitrification And Urease Inhibitors Market

The sales value of U.S. and Canada Nitrification And Urease Inhibitors Market valued USD 296.52 million in 2019 and is estimated to reach USD YY million by 2027, growing at a CAGR of 3.48% during 2020-2027

2021-04-28

Nitrification inhibitors are chemical solutions that are intended for reducing nitrification losses in N-fertilizer applied to the soil. Leaching and denitrification of ammonia are key challenges to the use of nitrogen fertilizers in agriculture. Specific bacterial strains including Nitrobacter and Nitrosomonas convert ammonium and urea based fertilizers into nitrate. This process is called nitrification. During this process, significant proportion of nitrogen will leach into groundwater and mix in the atmospheric glasses. These compounds lower the nitrification rate of ammonia, ammonium-containing and urea-containing fertilizers by preserving N as ammonium rather than ammonia that can be leached to soil or nitrous oxide that denitrify as nitrogen gas into the air

There are a wide range of chemical compounds that considerably inhibit the nitrification rate in soil atmosphere. Dicyandiamide (DCD), 2-chloro-6-trichloromethyl pyridine (Nitrapyrin), 3,4-methylpyrazole phosphate (DMPP), Pronitradine and acetylene are used as active ingredients in nitrification inhibitors. DCD and nitrapyrin based products are most widely used in the North America market both in terms of sales volume and dollar sales

However, DCD also has several limitations in its commercial use as nitrification inhibitor. It is very expensive at large scale for use in agricultural activities over other compounds. Also, high application rates and relatively low efficiency are restraints of DCD. The use of nitrification inhibitors is proven to provide significant reduction in leaching and emission losses. Corteva, Inc. (N-Serve), COMPO EXPERT GmbH (NovaTec), Koch Fertilizers LLC (Agrotain Plus) and Conklin Company Inc. (Guardian) are the leading companies in nitrification inhibitors in the U.S. and Canada markets

Rising utilization of nitrogen fertilizers

Increasing volume consumption of nitrogen fertilizers is the primary factor for the growth of the U.S. and Canada nitrification and urease inhibitors market. North America has been a major consumer of nitrogen with large-scale demand form agricultural activities. In 2018, North America accounted for a share of 12.8% in global Nitrogen consumption. The utilization of nitrogen in the form of urea, UAN and ammonia has been witnessing continuous growth in the U.S. and Canada markets. In U.S., the consumption volume of nitrogen is estimated to witness a growth of 4% to reach 8 million tons in 2019. The rising nitrogen utilization in farming activities will boost the sales of efficiency enhancing materials including nitrification and urease inhibitors. Nutrients get constantly depleted with harvesting as crops take nutrients from the soil. This is boosting the nitrogen utilization and thereby will surge the use of nitrification and urease inhibitors.

Expanding infrastructure for production of nitrogen fertilizer

  • The lucrative demand for nitrogen fertilizer and large-scale imports in the U.S. is motivating establishment of new production facilities in the country. The increasing domestic production will help lower prices and promote the use of efficiency boosters
    • According to The Fertilizer Institute (TFI), fertilizer manufacturers in the U.S. invested USD 3.8 billion annually in capacity expansion during 2015-2017
    • In April 2017, OCI Nitrogen B.V. commissioned operations in its new nitrogen fertilizer production plant in Iowa
    • CF Industries Holdings, Inc. expanded its nitrogen manufacturing capacity at its Donaldsonville plant

About Us:

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year, we have secured more than 100 unique customers from established organizations all over the world.

For more information:

Sai Kiran

Sales Manager at DataM Intelligence

Email: info@datamintelligence.com

Tel: +1 877 441 4866

Website: www.datamintelligence.com

Schedule a demo for our market intelligence database by filling out the form below:
+1

Found it interesting?

Sai Kiran
Sales Manager at DataM Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866

We have 5000+ marketing reports and serve across 130+ countries

Tags:

#nitrification and urease inhibitors market, #nitrification and urease inhibitors market size, #nitrification and urease inhibitors market share, #nitrification and urease inhibitors market trends, #nitrification and urease inhibitors market value, #nitrification and urease inhibitors market growth, #nitrification and urease inhibitors market demand, #nitrification and urease inhibitors market industry forecast, #nitrification and urease inhibitors market outlook, #nitrification and urease inhibitors market analysis, #nitrification and urease inhibitors market applications, #nitrification and urease inhibitors market companies, #datamintelligence

WhatsApp