Manufacturing of NPK Fertilizer & Calcium Ammonium Nitrate (CAN). Business Ideas and Opportunities in Fertilizer Industry.
Fertilizers are chemical substances supplied to the crops to increase their productivity. These are used by the farmers daily to increase the crop yield. The fertilizers contain the essential nutrients required by the plants, including nitrogen, potassium, and phosphorus. They enhance the water retention capacity of the soil and also increase its fertility.
Related Projects: - Fertilizers, Fertilisers, Inorganic Fertilizers (Mineral Fertilizer)
Ammonium nitrate is a chemical compound with the chemical formula NH4NO3. It is a white crystalline solid consisting of ions of ammonium and nitrate. It is highly soluble in water and hygroscopic as a solid, although it does not form hydrates. It is predominantly used in agriculture as a high-nitrogen fertilizer.
The different types of fertilizers include:
Inorganic fertilizer- Nitrogen fertilizer, Phosphorus fertilizer
Organic fertilizers- Agricultural waste, livestock manure, municipal sludge
Application of calcium ammonium nitrate
Where calcium ammonium nitrate fertilizer is applied incorporating to soil or prior to rainfall and irrigation, no nitrogen loss ammonia (NH3) occurs as it is the case with urea fertilizer. When fertilizer dissolves in water, ammonium
(NH4) and nitrate (NO3) in its composition dissociate. Since ammonium is positive (+) charged, the negative (-) charged clay minerals and other colloids in the soil retain them, so it is not drained away with irrigation water. However nitrate is negative (-) charged, it cannot be completely retained by clay minerals and other colloids and they can partly be drained away from root zone due to excessive rainfall or excessive irrigation particularly in sandy soils. Therefore, calcium ammonium nitrate fertilizer must be applied in several times according to plants nitrogen demand, age, and irrigation interval.
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Uses of Calcium Ammonium Nitrate
Calcium ammonium nitrate fertilizer is used as a top dressing fertilizer in advance of hoeing or during/in prior to irrigation all crop plants particularly for cereals such as wheat and barley. If plants do not receive sufficient nitrogenous top dressing fertilizers such as calcium ammonium nitrate, plants show stunned growth, leaves remain small and their colour turns into pale or yellowish green. Excess application, on the other hand, causes overdevelopment and delays maturing. Since it has neutral reaction characteristics, it is appropriate for all soil types.
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Market Outlook
The growth in the global population and the increase in food demand are main drivers that are projected to drive calcium ammonium nitrate demand over the forecast period. Currently, the global market for calcium ammonium nitrate is witnessing vibrant growth due to the growing market demand for active and mature fertilizers.
The rising global population is expected to have a positive impact on the growth of the market for calcium nitrate due to rising trends in the implementation of eco-friendly fertilizer methods and rising worldwide food demand. According to one of the most recent studies released by the United Nations Food and Agriculture Organization (FAO), more than 15 percent of farmland production should be increased in the coming years to sustain world food use.
Related Project: - Production of NPK Fertilizer and Calcium Ammonium Nitrate (CAN)
Agriculture is expected to account for a significant share of the market. The rise in rice, wheat, maize, and legumes, vegetables and fruit production are likely to fuel the market for calcium ammonium nitrate in the near future. Cereals & grains, oilseed & pulses, fruits & vegetables, and turf & ornamentals are sub-segmented in the agriculture segment. During the forecast period, the cereals & grains segment is expected to continue to dominate the market.
Market research: - Market Research Report
The global market for Calcium Nitrate is projected to reach US$11.6 billion by 2025, driven largely by its widespread use in fertilization and plant nutrition. The nitrogenous fertilizer market is expected to gain growth, owing to the rising food demand, due to the increasing population and the government funding for the usage of advanced techniques and fertilizer for high productivity, in order to meet the rising demand.
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Calcium Ammonium Nitrate Market: Segmentation
Based on end-user industry, the calcium ammonium nitrate market can be segmented into agriculture, pharmaceutical, industrial, and others. Agriculture is expected to account for a significant share in the market during the forecast period. Rise in the production of rice, wheat, maize, legumes, vegetables, and fruits is likely to fuel the calcium ammonium nitrate market in near future. The agriculture segment is sub-segmented into cereals & grains, oilseed & pulses, fruits & vegetables, and turfs & ornamentals. The cereals & grains segment is expected to continue to dominate the market during the forecast period.
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Key Players:-
Basant Agro Tech (India) Ltd.
Coromandel International Ltd.
Deccan Sales Corpn. Ltd.
Deogiri Fertilisers Ltd.
Fertilisers & Chemicals, Travancore Ltd.
Indian Farmers Fertiliser Co-Op. Ltd.
Khushhal Fertiliser Ltd.
M P Agro Inds. Ltd.
Madhuvan Chemicals & Fertilizer Ltd.
Maruti Fertochem Ltd.
Mosaic India Pvt. Ltd.
Poorvanchal Fertilizers Ltd
Premier Fertilisers Ltd.
Sikko Industries Ltd.
Tripura Bio-Tech Ltd.
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