Nitrification Inhibitors Market Size, Share, Industry, Forecast and outlook (2024-2031)
Global Nitrification Inhibitors Market reached US$ 602.76 million in 2022 and is expected to reach US$ 787.60 million by 2031, growing with a CAGR of 3.4% during the forecast period 2024-2031. The global nitrification inhibitors market has witnessed significant growth over the years, as nitrification inhibitors are chemical compounds that are used to reduce the nitrification of ammonia, ammonium-containing, and urea-containing fertilizers. which can help in improving the crop yield, hence, such factors can help in driving the global nitrification inhibitor market.