Nitrogenous Fertilizers Hold a Lion’s Share of China’s Chemical Fertilizers Output, According to Novel Report by CRI Now Available at MarketPublishers18 Aug 2016 • by Natalie Aster
LONDON – Nowadays, the lion’s share of the Chinese chemical fertilizer output is held by the nitrogenous fertilizers sector (70%). Meantime, the biggest share (60%) of China’s nitrogenous fertilizers output belongs to urea.
As of 2015, China was an absolute leader in terms of production and consumption of chemical fertilizers, the country’s chemicals fertilizers output volume stood at more than 76.2 million tonnes. In the same year, China also ranked first in the world in terms of consumption, production capacity and output volume of nitrogenous and phosphoric fertilizers with a huge export volume.
At the end of 2015, the number of chemical fertilizers manufacturers in China exceeded 1,000, meanwhile the product homogeneity in the country stood at a high level. Top ten manufacturers captured less than a half of the total domestic in the previous year. Better reputation and lower prices are amid the key factors that drive the competitiveness of chemical fertilizer companies.
Nowadays, the Chinese government takes measures to cope with such chemicals fertilizer industry problems as overcapacity and overuse.
New research study “Chemical Fertilizer Industry Overview in China, 2011-2020” prepared by China Research and Intelligence Co. (CRI) presents an in-depth analysis of the Chinese chemical fertilizer industry performance. The study highlights the recent developments, explores the regulative landscape of the market, discusses the market dynamics (including growth drivers, restraints, challenges and opportunities), covers the major market risks, etc. This comprehensive research report investigates the competitive landscape and offers detailed profiles of the key market participants. An all-round future outlook for the Chinese chemical fertilizer market through 2020 is at hand in this comprehensive report.
Many other new research studies elaborated by CRI can be found at its page.