The global demand for N-(n-butyl) Thiophosphoric Triamide (NBPT) Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kiloton in 2021 and forecast to touch XX Kiloton by 2028 with a CAGR of XX% during 2022-2028.
N-(n-butyl) thiophosphoric triamide (NBPT) is the organophosphorus compound. It is an enhanced efficiency fertilizer intended to limit the release of nitrogen-containing gases following fertilization. It works as an inhibitor of the enzyme urease. NBPT is suggested to provide urea to crops in conjunction with the urease inhibitor N-(n-butyl) thiophosphoric triamide (NBPT). N-(n-butyl) thiophosphoric triamide (NBPT) is a solution to slow down urea hydrolysis, reducing the loss of ammonia and saving nitrogen available for plant uptake and growth.
Market Dynamics
Expanding world population, shrinking arable land, growing fertilizer use to boost yield, and growing urea hydrolysis issues drive the worldwide demand for N-(n-butyl) thiophosphoric triamide (NBPT). N-(n-butyl) thiophosphoric triamide (NBPT) is the most promising and tested urease inhibitor applied in soils. NBPT inhibits the activity of endogenous urease, limiting the release and assimilation of ureic-ammonium, with a simultaneous accumulation of urea in plant tissues. It forms stable complexes with urease coordinating both nickel (Ni) atoms of the urease active site and binding the oxygen atom of the urea-derived carbamate. However, trade barriers and presence of alternative such as N-(n-butyl)phosphoric triamide (BNPO) is hampering the market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of n-(n-butyl) thiophosphoric triamide (nbpt). The growth and trends of N-(n-butyl) Thiophosphoric Triamide (NBPT) Industry provide a holistic approach to this study.
Market Segmentation
This section of the n-(n-butyl) thiophosphoric triamide (nbpt) market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Purity: >97%
- Purity: >98%
By Application
- Fertilizer
- Feed Additives
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the N-(n-butyl) Thiophosphoric Triamide (NBPT) market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global N-(n-butyl) Thiophosphoric Triamide (NBPT) Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the n-(n-butyl) thiophosphoric triamide (nbpt) market include Albemarle Corporation, Jiangxi Jixiang Pharmaceutical Chemical Co. Ltd, Jiujiang Woxin Chemical Co. Ltd, Wuwei Jingcang Bioscience Co. Ltd, Zhejiang Aofutuo Chemical Co. Ltd, Zhejiang Sunfit Advanced Materials Co. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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