Europe Nitrogenous Fertilizers Market is Expected to Reach $17,022.7 Million in 2018
“Key players in the Europe Nitrogenous Fertilizers Market are Yara Downstream, EuroChem Nitrogen, & others.�
The Europe Nitrogenous Fertilizers Market report defines and segments the nitrogenous fertilizers market in Europe with analysis and forecast of revenue. This market is estimated to grow from around $15,137.8 million in 2013 to $17,022.7 million by 2018, at a CAGR of 2.4% from 2013 to 2018.
Within the EU, nitrogenous fertilizers are applied to agricultural soils mainly in the form of ammonium nitrate. Nitrogen in commercial fertilizers is particularly soluble. This facilitates uptake by crops, but also makes them vulnerable to run-off after heavy rainfall and results in accumulation into groundwater. Nitrogen fertilizers have traditionally been favored by farmers in Europe as it is best suited to its topography and climate. France is the biggest consumer of nitrogenous fertilizers among the European region. In Germany, the Nitrates Directive has been implemented, which sets detailed and precise legal requirements for good agricultural practices with regards to the application of nitrogenous fertilizers.
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