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India Fertilizer Market, Impact of COVID-19, Industry Size, Growth Trends by Consumption, Companies, Forecast by 2026

India Fertilizer Market, Impact of COVID-19, Industry Size, Growth Trends by Consumption, Companies, Forecast by 2026
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Ammonia Market to Reach USD 110 93 Billion by 2028; Essentiality of NH3 in Fertilizer Production to Foster Enduring Market Growth, Says Fortune Business Insights™

COVID-19 Impact The widespread disruptions caused to fertilizer supply chains amid the COVID-19 pandemic have deeply affected the ammonia market growth. Compounding this is the growing inaccessibility to raw materials and other agriculture inputs for farmers, worsened by trade and travel restrictions, sudden imposition of lockdowns, and falling demand. As a result, the market displayed a decline of 4.8% in 2020. Segmentation Based on application, the market is segmented into fertilizers, textiles, refrigeration, pharmaceuticals, household & industrial cleaning, and others. The textile segment held a share of 10.93% in the US market in 2020. Based on geography, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Ammonia Market to Reach USD 110 93 Billion by 2028;

COVID-19 Impact The widespread disruptions caused to fertilizer supply chains amid the COVID-19 pandemic have deeply affected the ammonia market growth. Compounding this is the growing inaccessibility to raw materials and other agriculture inputs for farmers, worsened by trade and travel restrictions, sudden imposition of lockdowns, and falling demand. As a result, the market displayed a decline of 4.8% in 2020. Segmentation Based on application, the market is segmented into fertilizers, textiles, refrigeration, pharmaceuticals, household & industrial cleaning, and others. The textile segment held a share of 10.93% in the US market in 2020. Based on geography, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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