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Download Free sampleThe global N-(n-butyl) Thiophosphoric Triamide (NBPT) market was valued at 50.53 Million USD in 2021 and will grow with a CAGR of 2.85% from 2021 to 2027, based on Research newly published report.
The prime objective of N- Thiophosphoric Triamide Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, N- Thiophosphoric Triamide Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
N-(n-butyl) Thiophosphoric Triamide (NBPT) is white crystal or powder substance, and is one of the most effective urease inhibitors available today. NBPT can effectively slow down the process decomposition of urea into ammonia, extend the diffusion time of urea. It is a good way to save urea, increase crop yield, reduce environmental pollution.Due to the environmental protection issue and production cost, now there are nearly no manufacturers located outside China. NBPT is mainly produced by Zhejiang Sunfit, Jinma Chemical, Jiangxi Jixiang, Jiujiang Woxin and Hubei Hengshuo, and these top 5 companies occupy about 85% production market share in 2016. In the world, the production of NBPT is almost all concentrated in China, this country occupy about 90% of the global production in 2016, and Chinese market share has been increasing in recent years.
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