Global Nitrification and Urease Inhibitors Market - 2024-2031

Nitrification and Urease Inhibitors The global nitrification and urease inhibitors market reached US$ 1,800.11 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 2,326.23 million by 2031. The market is expected to exhibit a CAGR of 3.2% during the forecast period (2024-2031). Several factors drive the market for nitrification and urease inhibitors. The increasing global population and the subsequent rise in food demand have led to the intensification of agriculture.

As a result, there is a greater need to optimize nutrient management and maximize crop productivity. Nitrification and urease inhibitors offer a solution by improving the efficiency of nitrogen fertilizers, reducing wastage, and enhancing nutrient availability to plants.

Another factor driving the market is the increasing focus on precision agriculture and advanced farming techniques. Nitrification and urease inhibitors complement these practices by providing a targeted and controlled approach to nutrient management. By using inhibitors, farmers can optimize fertilizer application, reduce input costs, and improve resource efficiency.

Nitrification and Urease Inhibitors Market Dynamics

The Rising Demand for High-yield Crops

The growing global population has increased the demand for food, feed, and fiber. To meet this demand, farmers strive to enhance crop yields and improve productivity. Nitrification and urease inhibitors play a vital role in maximizing the efficiency of nitrogen fertilizers, ensuring that plants have an optimal supply of nitrogen for growth. By reducing nitrogen losses, these inhibitors enable plants to utilize the available nutrients more effectively, resulting in improved crop yields.

Advancements in Research and Development

Advancements in agricultural technologies and research have led to the development of more effective nitrification and urease inhibitors. Manufacturers are investing in research and development to improve the efficacy, stability, and compatibility of these inhibitors with different fertilizer formulations. The technological advancements contribute to the growth of the market by offering farmers a wider range of effective and user-friendly nitrification and urease inhibitors.

Rising Utilization and Environmental Benefits of Nitrogen Fertilizers

The rising utilization of nitrogen fertilizers in agriculture is a significant driver for the global nitrification and urease inhibitors market, as these inhibitors enhance the efficiency and sustainability of fertilizer use. Nitrogen fertilizers are essential for improving crop yields, but their excessive use leads to nitrogen loss through leaching, volatilization, and emissions of nitrous oxide, a potent greenhouse gas. According to an article published in Our World in Data, approximately 115 million tonnes of nitrogen are applied to crops each year, but only about 35% is effectively utilized by plants. This results in a staggering 75 million tonnes of excess nitrogen running off into rivers, lakes, and natural environments, contributing significantly to environmental pollution. Alarmingly, nearly two-thirds of the nitrogen applied to agriculture ends up as an ecological pollutant.

Nitrification and urease inhibitors mitigate these losses, ensuring more nitrogen remains available to plants for a longer period, boosting agricultural productivity. Their environmental benefits, such as reducing greenhouse gas emissions, preventing nitrate contamination in water bodies, and preserving soil health, are critical in addressing growing concerns about climate change and ecosystem degradation. With regulatory frameworks encouraging sustainable farming and incentivizing eco-friendly agricultural practices, the adoption of these inhibitors is expanding globally.

Moreover, technological advancements and various product launches is driving the market growth. In November 2022, OMEX Agriculture, a British chemical fertilizer manufacturer, launched a new urease inhibitor NitroShield, a product that the company claims have demonstrated to reduce ammonia emissions from urea-containing fertilizers by more than 70% and can lift winter wheat yields by 0.3t/ha and grain protein by 0.2%.

Nitrification and Urease Inhibitors Market Segment Analysis

The global nitrification and urease inhibitors market is segmented based on type, nutrient, crop and region.

Owing to Their Widespread Demand, Cereal, Millets and Oilseeds Are Among the Largest Segment of Crops for the Global Nitrification And Urease Inhibitors Market

Cereal, millets, and oilseeds segment have the leading share of nearly 37% in the crop segment of the global nitrification and urease inhibitors market, primarily since wheat and rice are the leading food crops consumed globally. Cereal crops, including wheat, corn, rice, barley, and oats, as well as millets such as sorghum and pearl millet, have high nitrogen requirements for optimal growth and yield. Similarly, oilseeds like soybeans, canola, sunflower, and peanuts also require substantial amounts of nitrogen for their development.

Nitrification and Urease Inhibitors Market Geographical Share

Growing Food Production in Asia-Pacific Makes it the Leading Region in the Global Nitrification And Urease Inhibitors Market.

The Asia-Pacific nitrification and urease inhibitors market covers around 45.3% of the global market share and is expected to exhibit a significant CAGR during the forecast period. The region is a major agricultural hub with India and China being among the leading food producers. Many governments in Asia-Pacific have implemented various programs to subsidize and fund the adoption of urea fertilizers by farmers in a bid to further improve agricultural efficiency.

Nitrification and Urease Inhibitors Companies

The major global players include BASF SE, Compo Expert Gmbh , Dow, DuPont Inc., Eco Agro, Evonik, Koch Fertilizer, LLC, National Fertilizers Limited, Nico Orgo Manures, and Solvay SA.

Key Developments
• In September 2022, the U.S. government added polymer-coated urea to the list of enhanced efficiency fertilizer products approved for reimbursement from its On-Farm Climate Action Fund (OFCAF).
• In November 2022, OMEX Agriculture, a British chemical fertilizer manufacturer, launched a new urease inhibitor NitroShield, a product that the company claims have demonstrated to reduce ammonia emissions from urea-containing fertilizers by more than 70% and can lift winter wheat yields by 0.3t/ha and grain protein by 0.2%.
• In April 2023, Soilgenic Technologies, a Canadian fertilizer and agricultural nutrients producer, launched the Visio-N Supra, an enhanced urease inhibitor that contains 40 percent N-(n-Butyl) thiophosphoric triamide (NBPT). Visio-N Supra reduces costs for farmers and increases efficiency.

Why Purchase the Report?
• To visualize the global nitrification and urease inhibitors market segmentation based on type, nutrient, crop, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of nitrification and urease inhibitors market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Derivative mapping available as Excel consisting of key products of all the major players.

The global nitrification and urease inhibitors market report would provide approximately 57 tables, 65 figures and 195 Pages.

Target Audience 2024
• End-user Industries
• Petrochemical Manufacturers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies