India Fertilizer Market was valued at INR 990.40 Bn. in 2022 and is expected to reach INR 1459.95 Bn. by 2029, at a CAGR of 5.7% during a forecast period.
India Fertilizer Market Overview:
The purpose of this report is to provide a thorough examination of the India Fertilizer Market by segments and geographics. The study goes into great detail on the primary factors influencing the India Fertilizer market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
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India Fertilizer Market Scope:
The “Global India Fertilizer Market Analysis” is a detailed investigation of the India Fertilizer market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the India Fertilizer market as well as detailed market segmentation by application, end-use, and geography. The India Fertilizer market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading India Fertilizer players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the India Fertilizer market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the India Fertilizer market was calculated using the revenue of significant enterprises.
India Fertilizer Market Segmentation:
Based on Product, DAP is the second-most dominating sub-segment after phosphoric fertiliser urea. Since urea is less expensive than other fertilizers, it is the most widely utilized fertilizer. Increased sales of DAP and other complex fertilizers are a result of excessive urea use’s degradation of soil quality. A chemical reaction between phosphoric acid and ammonia results in the production of phosphoric acid diammonium salt, an inorganic phosphate that is also water soluble. As a result, the agricultural industry’s need for it is growing, which is good for the diammonium phosphate industry.
1. India Fertilizer Market, by Product (2022-2029)
• Nitrogenous
o Urea
o Calcium Ammonium Nitrate (CAN)
o Ammonium Nitrate
o Ammonium Sulfate
o Ammonia
o Other Nitrogenous Fertilizers
• Phosphatic
o Mono-Ammonium Phosphate (MAP)
o Di-Ammonium Phosphate (DAP)
o Triple Superphosphate (TSP)
o Other Phosphatic Fertilizers
• Potassic
• Others
2. India Fertilizer Market, by Application (2022-2029)
• Grains & Cereals
• Oil Seeds
• Fruits & Vegetables
• Other
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India Fertilizer Market Key Players:
The major players covered in the India Fertilizer market report are
1. National Fertilizers Limited
2. Fertilizers Chemicals Travancore Limited
3. Rashtriya Chemicals & Fertilizers Limited
4. Madras Fertilizers Limited
5. Steel Authority Of India Limited
6. Neyveli Lignite Corporation Limited
7. Paradeep Phosphates Limited
8. Pyrites, Phosphates & Chemicals Limited
9. Hindustan Fertilizer Corporation Limited
10. Chambal Fertilizers & Chemicals Limited
11. Ajay Farm-Chem Private Limited
12. Balaji Fertilizers Private Limited
13. Deepak Fertilizer and Petrochemicals Corporation Limited
14. Bharat Fertilizer Industries Limited
15. Coromandal Fertilizers Limited
16. Gujarat Narmada Valley Fertilizer Co. Limited
17. Meerut Agro Chemicals Private Limited
18. Duncans Industries Limited
19. Karnataka Agro Chemicals
20. Godavari Fertilizers & Chemical Limited
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on India Fertilizer Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the India Fertilizer market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the India Fertilizer industry,
Key Questions Answered in the India Fertilizer Market Report are:
- Which segment grabbed the largest share in the India Fertilizer market?
- What was the competitive scenario of the India Fertilizer market in 2021?
- Which are the key factors responsible for the India Fertilizer market growth?
- Which region held the maximum share in the India Fertilizer market in 2021?
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