Key Findings
The global nitrogenous fertilizers market is expected to grow at the CAGR of 2.6% during 2016-2022. Nitrogen is considered as an important nutrient for all crops in the growth and development. Although, there is abundance of nitrogen in the environment, only a limited number of plants have the capability to absorb and use the same. Nitrogen provides better color and texture to the plants and also helps in faster growth which leads to an increase in the overall agricultural productivity. It possesses nitrous compounds such as ammonium nitrate, ammonium sulfate, and other compounds in small proportions.
The global nitrogenous fertilizers market is driven by increasing disposable income and growing population. Other key factors that have shifted the attraction of consumers towards nitrogen-based fertilizers are the comparative benefits such as eco-friendly nature, efficiency as well as high productivity. The global investors are attracted towards Latin America and Asia Pacific as these are the largest producers of corn and rice respectively. Growing population is expected to result in increased demand for crops which in turn results in rising demand for nitrogen-based fertilizers due to high productivity properties. Inadequate availability of arable land and growing usage of food grains in the production of bio-fuels are also anticipated to fuel the demand for nitrogen-based fertilizers in the upcoming scenario. In addition to it, extensive research & development activities by major market players in order to develop eco-friendly and more efficient fertilizers is also expected to spur market growth. Moreover, volatile raw material prices and health hazards associated with nitrogen-based fertilizers are anticipated to hamper the growth of the nitrogenous fertilizers market.
Market Segment Insight
The global nitrogenous fertilizers market can be segregated on the basis of type which includes ammonium nitrate, calcium ammonium nitrate, urea, ammonium sulfate and other nitrogen fertilizers. In 2014, the global nitrogen-based fertilizers market was dominated by urea, both in terms of value and volume due to its lesser cost in comparison to other fertilizers and increased productivity. Moreover, ammonium nitrate market is expected to be the fastest growing segment. This market can further be segmented on the basis of application including fruits & vegetables, grains & oilseeds and others. Amongst the various applications, grains & oilseeds held the largest market share in application segment in 2014. Asia-Pacific holds the largest market share in terms of consumption of nitrogen-based fertilizers in grains & oilseeds.
Regional Insight
Based on geography, the industry is divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific dominates the global nitrogenous fertilizers market with a market share of around 55% in 2015. Asia Pacific’s two major countries in terms of population i.e. China and India are also amongst the fastest growing countries. Increasing disposable income, huge population and high GDP growth rates in the developing economies of China and India have been among the key drivers for the nitrogen-based fertilizers within the region. Rice production is anticipated to dominate the demand for nitrogen-based fertilizers in Asia Pacific region. During 2015-16, the rice production in India was anticipated to be 90.61 million tons in comparison to 88 million tons in 2014. The increasing area under rice production and the growing demand for rice is expected to significantly influence the demand for nitrogenous fertilizers in the upcoming years. In addition to it, North America holds the second position in terms of consumption of nitrogenous fertilizers. In North America, the U.S. dominates the nitrogenous fertilizers market. Whereas in Europe, the demand for nitrogen based fertilizers is expected to be driven by the growing demand for ammonium nitrate. Rising demand for nitrogen based fertilizers in Latin America is anticipated to offer significant growth opportunity for this market. High production rate of corn and sugarcane is estimated to drive the market in this region.
Competitive Insights
Some of the key players of global nitrogenous fertilizers market are Agrium Inc., Yara International ASA, Potash Corp. of Saskatchewan, Coromandel International Ltd., Bunge Ltd., KOCH Industries Inc. and CF Industries Holdings Inc. The key strategies adopted by the major market players includes mergers & acquisitions and strategic collaborations. In April 2016, CVR Partners LP acquired Rentech Nitrogen Partners, L.P. which includes the nitrogen fertilizer plant of the East Dubuque, Illinois. This acquisition is expected to result in expanded geographical footprint, wider customer reach, diversification of its raw material feedstock and greater potential for cash-flow generation. The addition of the East Dubuque to CVR Partners LP, is anticipated to position the CVR Partners an as emerging leader in the North American nitrogenous fertilizer industry and makes them more competitive in a rapidly changing market environment.
CHAP 1. METHODOLOGY & SCOPE 11
1.1. RESEARCH METHODOLOGY 11
1.2. RESEARCH SCOPE & ASSUMPTIONS 11
1.3. LIST OF DATA SOURCES 11
CHAP 2. EXECUTIVE SUMMARY 12
2.1. GLOBAL NITROGENOUS FERTILIZERS MARKET SUMMARY & KEY BUYING CRITERIA 12
2.2. GLOBAL NITROGENOUS FERTILIZERS MARKET OUTLOOK 12
2.3. MARKET SEGMENTATION ANALYSIS 12
2.4. MARKET SIZE AND GROWTH PROSPECTS 2012-2022 12
2.5. GLOBAL NITROGENOUS FERTILIZERS MARKET VALUE CHAIN ANALYSIS 12
2.6. VENDOR LANDSCAPE 12
CHAP 3. GLOBAL NITROGENOUS FERTILIZERS MARKET DYNAMICS 13
3.1. MARKET DRIVER ANALYSIS 13
3.1.1. INCREASING DEMAND FOR DIVERSIFIED FOOD 13
3.1.2. GROWING POPULATION 13
3.1.3. INADEQUATE AVAILABILITY OF ARABLE LAND 13
3.1.4. GROWTH IN USAGE OF FOOD GRAINS IN PRODUCTION OF BIO-FUELS 13
3.1.5. HIGH PRODUCTIVITY 13
3.1.6. INCREASING DISPOSABLE INCOME 13
3.2. MARKET RESTRAINT ANALYSIS 13
3.2.1. HEALTH HAZARDS ASSOCIATED WITH NITROGEN-BASED FERTILIZERSS 13
3.2.2. GROWTH OF ORGANIC FERILIZERS MARKET 13
3.3. KEY OPPORTUNITIES 13
3.3.1. INCREASING INVESTMENT IN R&D ACTIVITIES 13
3.4. CHALLENGES 13
3.4.1. VOLATILE PRICES 13
CHAP 4. INDUSTRY ANALYSIS 14
4.1. GLOBAL NITROGENOUS FERTILIZERS MARKET– PORTER’S FIVE FORCE MODEL 14
4.2. GLOBAL NITROGENOUS FERTILIZERS MARKET– PESTEL ANALYSIS 14
4.3. GLOBAL NITROGENOUS FERTILIZERS MARKET- GAP ANALYSIS 14
CHAP 5. GLOBAL NITROGENOUS FERTILIZERS MARKET BY TYPE 2012-2022 ($ MILLION) 15
5.1. GLOBAL NITROGENOUS FERTILIZERS MARKET BY AMMONIUM NITRATE 2012-2022 ($ MILLION) 15
5.2. GLOBAL NITROGENOUS FERTILIZERS MARKET BY CALCIUM AMMONIUM NITRATE 2012-2022 ($ MILLION) 15
5.3. GLOBAL NITROGENOUS FERTILIZERS MARKET BY UREA 2012-2022 ($ MILLION) 15
5.4. GLOBAL NITROGENOUS FERTILIZERS MARKET BY AMMONIUM SULFATE 2012-2022 ($ MILLION) 15
5.5. GLOBAL NITROGENOUS FERTILIZERS MARKET BY OTHER NITROGEN FERTILIZERSS 2012-2022 ($ MILLION) 15
CHAP 6. GLOBAL NITROGENOUS FERTILIZERS MARKET BY CROP TYPE 2012-2022 ($ MILLION) 16
6.1. GLOBAL NITROGENOUS FERTILIZERS MARKET BY FRUITS & VEGETABLES 2012-2022 ($ MILLION) 16
6.2. GLOBAL NITROGENOUS FERTILIZERS MARKET BY GRAINS & OILSEEDS 2012-2022 ($ MILLION) 16
6.3. GLOBAL NITROGENOUS FERTILIZERS MARKET BY OTHERS 2012-2022 ($ MILLION) 16
CHAP 7. GLOBAL NITROGENOUS FERTILIZERS MARKET REGIONAL OUTLOOK 2012-2022 ($ MILLION) 17
7.1. GLOBAL NITROGENOUS FERTILIZERS MARKET BY REGION 2012-2022 ($ MILLION) 17
7.2. NORTH AMERICA 17
7.2.1. NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 17
7.2.2. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 17
7.2.3. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 17
7.2.3.1. U.S. 17
7.2.3.1.1. U.S. MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 17
7.2.3.1.2. U.S. MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 17
7.2.3.2. CANADA 17
7.2.3.2.1. CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 17
7.2.3.2.2. CANADA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 17
7.3. EUROPE 17
7.3.1. EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 17
7.3.2. EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 17
7.3.3. EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 17
7.3.3.1. GERMANY 17
7.3.3.1.1. GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
7.3.3.1.2. GERMANY MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
7.3.3.2. UK 18
7.3.3.2.1. UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
7.3.3.2.2. UK MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
7.3.3.3. FRANCE 18
7.3.3.3.1. FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
7.3.3.3.2. FRANCE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
7.3.3.4. SPAIN 18
7.3.3.4.1. SPAIN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
7.3.3.4.2. SPAIN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
7.3.3.5. REST OF EUROPE 18
7.3.3.5.1. RUSSIA MARKET ESTIMATES AND FORECAST 2012-2022($ MILLION) 18
7.3.3.5.2. OTHERS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022(MILLION) 18
7.4. ASIA PACIFIC 18
7.4.1. ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
7.4.2. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 18
7.4.3. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
7.4.3.1. CHINA 18
7.4.3.1.1. CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
7.4.3.1.2. CHINA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
7.4.3.2. INDIA 19
7.4.3.2.1. INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
7.4.3.2.2. INDIA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
7.4.3.3. JAPAN 19
7.4.3.3.1. JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
7.4.3.3.2. JAPAN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
7.4.3.4. ROAPAC 19
7.4.3.4.1. ROAPAC MARKET ESTIMATES AND FORECASTS 2012-2022($ MILLION) 19
7.4.3.4.2. ROAPAC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022($ MILLION) 19
7.5. MIDDLE EAST & AFRICA 19
7.5.1. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
7.5.2. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
7.6. LATIN AMERICA 19
7.6.1. LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
7.6.2. LATIN AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
7.6.2.1. BRAZIL 19
7.6.2.1.1. BRAZIL MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 20
7.6.2.1.2. BRAZIL MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 20
CHAP 8. COMPETITIVE LANDSCAPE 21
8.1. AGRIUM 22
8.1.1. COMPANY OVERVIEW 22
8.1.2. FINANCIAL PERFORMANCE 22
8.1.3. PRODUCT BENCHMARKING 22
8.1.4. STRATEGIC INITIATIVES 22
8.2. BELARUSKALI 22
8.2.1. COMPANY OVERVIEW 22
8.2.2. FINANCIAL PERFORMANCE 22
8.2.3. PRODUCT BENCHMARKING 22
8.2.4. STRATEGIC INITIATIVES 22
8.3. BUNGE LTD. 22
8.3.1. COMPANY OVERVIEW 22
8.3.2. FINANCIAL PERFORMANCE 22
8.3.3. PRODUCT BENCHMARKING 22
8.3.4. STRATEGIC INITIATIVES 22
8.4. CF INDUSTRIES HOLDINGS INC. 22
8.4.1. COMPANY OVERVIEW 22
8.4.2. FINANCIAL PERFORMANCE 22
8.4.3. PRODUCT BENCHMARKING 22
8.4.4. STRATEGIC INITIATIVES 22
8.5. COROMANDEL INTERNATIONAL LTD. 22
8.5.1. COMPANY OVERVIEW 22
8.5.2. FINANCIAL PERFORMANCE 22
8.5.3. PRODUCT BENCHMARKING 22
8.5.4. STRATEGIC INITIATIVES 22
8.6. CVR PARTNERS, LP. 22
8.6.1. COMPANY OVERVIEW 22
8.6.2. FINANCIAL PERFORMANCE 23
8.6.3. PRODUCT BENCHMARKING 23
8.6.4. STRATEGIC INITIATIVES 23
8.7. EUROCHEM 23
8.7.1. COMPANY OVERVIEW 23
8.7.2. FINANCIAL PERFORMANCE 23
8.7.3. PRODUCT BENCHMARKING 23
8.7.4. STRATEGIC INITIATIVES 23
8.8. ISRAEL CHEMICALS 23
8.8.1. COMPANY OVERVIEW 23
8.8.2. FINANCIAL PERFORMANCE 23
8.8.3. PRODUCT BENCHMARKING 23
8.8.4. STRATEGIC INITIATIVES 23
8.9. KOCH INDUSTRIES INC. 23
8.9.1. COMPANY OVERVIEW 23
8.9.2. FINANCIAL PERFORMANCE 23
8.9.3. PRODUCT BENCHMARKING 23
8.9.4. STRATEGIC INITIATIVES 23
8.10. MOSAIC CO. 23
8.10.1. COMPANY OVERVIEW 23
8.10.2. FINANCIAL PERFORMANCE 23
8.10.3. PRODUCT BENCHMARKING 23
8.10.4. STRATEGIC INITIATIVES 23
8.11. OCP GROUP 23
8.11.1. COMPANY OVERVIEW 23
8.11.2. FINANCIAL PERFORMANCE 23
8.11.3. PRODUCT BENCHMARKING 23
8.11.4. STRATEGIC INITIATIVES 23
8.12. POTASH CORP. OF SASKATCHEWAN INC. 24
8.12.1. COMPANY OVERVIEW 24
8.12.2. FINANCIAL PERFORMANCE 24
8.12.3. PRODUCT BENCHMARKING 24
8.12.4. STRATEGIC INITIATIVES 24
8.13. SINOFERT HOLDINGS LTD. 24
8.13.1. COMPANY OVERVIEW 24
8.13.2. FINANCIAL PERFORMANCE 24
8.13.3. PRODUCT BENCHMARKING 24
8.13.4. STRATEGIC INITIATIVES 24
8.14. URALKALI 24
8.14.1. COMPANY OVERVIEW 24
8.14.2. FINANCIAL PERFORMANCE 24
8.14.3. PRODUCT BENCHMARKING 24
8.14.4. STRATEGIC INITIATIVES 24
8.15. YARA INTERNATIONAL ASA 24
8.15.1. COMPANY OVERVIEW 24
8.15.2. FINANCIAL PERFORMANCE 24
8.15.3. PRODUCT BENCHMARKING 24
8.15.4. STRATEGIC INITIATIVES 24
TABLE 1 GLOBAL NITROGENOUS FERTILIZERS MARKET BY TYPE 2012-2022 ($ MILLION) 25
TABLE 2 GLOBAL NITROGENOUS FERTILIZERS MARKET BY AMMONIUM NITRATE 2012-2022 ($ MILLION) 25
TABLE 3 GLOBAL NITROGENOUS FERTILIZERS MARKET BY CALCIUM AMMONIUM NITRATE 2012-2022 ($ MILLION) 25
TABLE 4 GLOBAL NITROGENOUS FERTILIZERS MARKET BY UREA 2012-2022 ($ MILLION) 25
TABLE 5 GLOBAL NITROGENOUS FERTILIZERS MARKET BY AMMONIUM SULFATE 2012-2022 ($ MILLION) 25
TABLE 6 GLOBAL NITROGENOUS FERTILIZERS MARKET BY OTHER NITROGEN FERTILIZERSS 2012-2022 ($ MILLION) 25
TABLE 7 GLOBAL NITROGENOUS FERTILIZERS MARKET BY CROP TYPE 2012-2022 ($ MILLION) 25
TABLE 8 GLOBAL NITROGENOUS FERTILIZERS MARKET BY FRUITS & VEGETABLES 2012-2022 ($ MILLION) 25
TABLE 9 GLOBAL NITROGENOUS FERTILIZERS MARKET BY GRAINS & OILSEEDS 2012-2022 ($ MILLION) 25
TABLE 10 GLOBAL NITROGENOUS FERTILIZERS MARKET BY OTHERS 2012-2022 ($ MILLION) 25
TABLE 11 GLOBAL NITROGENOUS FERTILIZERS MARKET BY REGION 2012-2022 ($ MILLION) 25
TABLE 12 NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 13 NORTH AMERICA MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 25
TABLE 14 NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 15 U.S. MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 16 U.S. MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 17 CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 18 CANADA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 19 EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 20 EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 26
TABLE 21 EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 22 GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 23 GERMANY MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 24 UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 25 UK MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 26 FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 27 FRANCE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 28 SPAIN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 29 SPAIN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 30 RUSSIA MARKET ESTIMATES AND FORECAST2012-2022($ MILLION) 26
TABLE 31 OTHERS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022($ MILLION) 26
TABLE 32 ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 33 ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 26
TABLE 34 ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 27
TABLE 35 CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
TABLE 36 CHINA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 27
TABLE 37 INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
TABLE 38 INDIA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 27
TABLE 39 JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
TABLE 40 JAPAN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 27
TABLE 41 ROAPAC MARKET ESTIMATES AND FORECASTS 2012-2022($ MILLION) 27
TABLE 42 ROAPAC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022($ MILLION) 27
TABLE 43 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
TABLE 44 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 27
TABLE 45 LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
TABLE 46 LATIN AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 27
TABLE 47 BRAZIL MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
TABLE 48 BRAZIL MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 27
FIGURE 1 MARKET SHARE BY REGIONS 27
FIGURE 2 UNITED STATES MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 3 CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 4 EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 5 GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 6 UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 7 FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 8 SPAIN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 9 REST OF EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 10 APAC MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 11 CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 12 INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 13 JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 14 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 15 LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 28
FIGURE 16 BRAZIL MARKET ESTIMATES AND FORECAST 2012-2022($ MILLION) 28