Reportlinker Adds World Fertilizers Market

NEW YORK, April 14, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

World Fertilizers Market

http://www.reportlinker.com/p0481740/World-Fertilizers-Market.html

Global demand to rise 3% annually through 2014

Worldwide demand for fertilizers (at the product level) is projected to increase nearly three percent per year to 380 million metric tons in 2014. These gains will reflect an upswing from sluggish growth registered during the 2004 to 2009 period, as pricing moderates from the historical highs posted during 2008 and 2009. A growing global population, increased consumption of high-protein products that require fertilizer-intensive grains, greater crop requirements for biofuel production, and shrinking arable land will require farmers to improve crop yields, providing opportunities for fertilizers. Rising incomes and the development of a middle class in industrializing nations will also create demand for fertilizers as golf industries expand and more individuals have the monetary resources to purchase products designed to enhance lawns and gardens. A more balanced nutrient approach to improving soil fertility will provide opportunities for multi-nutrient and organic fertilizer products.

Phospate, potash among best ag market performers

Agriculture continues to dominate the fertilizer market to the point where overall fertilizer market growth tends to mirror that of the agricultural market. Record-high raw material costs pushed fertilizer prices upward during 2008 and 2009. High input costs, in addition to volatile crop prices and a global recession, led farmers to keep operating costs in check, partially by reducing or postponing fertilizer applications during those years. Demand for fertilizerintensive crops and pricing moderation will benefit fertilizer use, particularly for phosphate and potash types. Multinutrient and organic fertilizers will also benefit as farmers shift toward more balanced nutrient delivery systems. In addition, growth in organic food production will provide opportunities for organic fertilizers.

Housing rebound to boost commercial, consumer uses

The smaller commercial and consumer fertilizer markets are dominated by developed countries, particularly the bedrock US market. These markets were severely impacted by the US housing crisis over the past few years. A turnaround in the US housing market, as well as continued consumer enthusiasm for lawn and garden care and a renewed interest in food gardening, will drive gains. Growth at the global level will also benefit from rising incomes and standards of living in developing nations as a greater emphasis is placed on beautifying homes by establishing and maintaining lawns and gardens. Despite favorable growth, the commercial and consumer fertilizer markets combined will continue to account for less than five percent of the global market.

Central & South America to be fastest growing regional market

Among the regional markets, Central and South America is projected to offer the best growth opportunities through 2014. Brazil has become one of the world's great agricultural powers, and other countries in the region have similarly boosted their agricultural output by increasing their use of fertilizers. The Africa/Mideast region is also expected to post above average growth, but will remain the smallest regional market.

Study coverage

Details on these and other key findings are contained in a new industry study, it presents historical demand data (1999, 2004, 2009) plus forecasts for 2014 and 2019 by product, market, world region and for 32 countries. The study also considers key market environment factors, evaluates company market share and profiles global industry competitors, including Agrium, Bunge, CF Industries, K+S, Potash and Yara International.

TABLE OF CONTENTS

INTRODUCTION xvi

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

World Economic Outlook 4

World Demographic Outlook 10

Population 11

Nonurban Population 12

World Consumer Spending Patterns 13

World Agricultural Outlook 14

World Agricultural Land Usage 16

Wheat 19

Corn 19

Rice 19

Soybeans 20

Other Crops 21

Environmental & Regulatory Considerations 21

North America 22

Western Europe 23

Other Regions 24

III. OVERVIEW 25

General 25

Demand by Region 27

Demand by Type 29

Single-Nutrient Fertilizer Demand 30

Nitrogen Fertilizer Demand 32

Phosphate Fertilizer Demand 35

Multi-Nutrient Fertilizer Demand 43

Other Fertilizer Demand 44

Demand by Market 47

Agricultural Market 49

Consumer & Commercial Market 53

Production by Region 55

International Trade 58

IV. NORTH AMERICA 61

Fertilizer Supply & Demand 61

Fertilizer Demand by Type 63

Fertilizer Demand by Market 64

United States 65

United States: Fertilizer Supply & Demand 65

United States: Fertilizer Demand by Type 70

United States: Fertilizer Demand by Market 71

Canada 73

Canada: Fertilizer Supply & Demand 73

Canada: Fertilizer Demand by Type 76

Canada: Fertilizer Demand by Market 77

Mexico 78

Mexico: Fertilizer Supply & Demand 78

Mexico: Fertilizer Demand by Type 82

Mexico: Fertilizer Demand by Market 83

V. WESTERN EUROPE 85

Fertilizer Supply & Demand 85

Fertilizer Demand by Type 87

Fertilizer Demand by Market 88

Austria 90

Austria: Fertilizer Supply & Demand 90

Austria: Fertilizer Demand by Type 93

Austria: Fertilizer Demand by Market 94

Belgium 96

Belgium: Fertilizer Supply & Demand 96

Belgium: Fertilizer Demand by Type 99

Belgium: Fertilizer Demand by Market 100

Finland 102

Finland: Fertilizer Supply & Demand 102

Finland: Fertilizer Demand by Type 105

Finland: Fertilizer Demand by Market 106

France 108

France: Fertilizer Supply & Demand 108

France: Fertilizer Demand by Type 111

France: Fertilizer Demand by Market 112

Germany 115

Germany: Fertilizer Supply & Demand 115

Germany: Fertilizer Demand by Type 118

Germany: Fertilizer Demand by Market 119

Ireland 121

Ireland: Fertilizer Supply & Demand 121

Ireland: Fertilizer Demand by Type 124

Ireland: Fertilizer Demand by Market 126

Italy 127

Italy: Fertilizer Supply & Demand 127

Italy: Fertilizer Demand by Type 131

Italy: Fertilizer Demand by Market 132

Netherlands 134

Netherlands: Fertilizer Supply & Demand 134

Netherlands: Fertilizer Demand by Type 137

Netherlands: Fertilizer Demand by Market 138

Portugal 139

Portugal: Fertilizer Supply & Demand 139

Portugal: Fertilizer Demand by Type 143

Portugal: Fertilizer Demand by Market 144

Spain 145

Spain: Fertilizer Supply & Demand 145

Spain: Fertilizer Demand by Type 149

Spain: Fertilizer Demand by Market 150

United Kingdom 151

United Kingdom: Fertilizer Supply & Demand 151

United Kingdom: Fertilizer Demand by Type 155

United Kingdom: Fertilizer Demand by Market 156

Other Western Europe 158

Other Western Europe: Fertilizer Supply & Demand 158

Other Western Europe: Fertilizer Demand by Type 160

Other Western Europe: Fertilizer Demand by Market 161

VI. ASIA/PACIFIC 163

Fertilizer Supply & Demand 163

Fertilizer Demand by Type 166

Fertilizer Demand by Market 167

Australia 169

Australia: Fertilizer Supply & Demand 169

Australia: Fertilizer Demand by Type 173

Australia: Fertilizer Demand by Market 174

China 176

China: Fertilizer Supply & Demand 176

China: Fertilizer Demand by Type 181

China: Fertilizer Demand by Market 183

India 186

India: Fertilizer Supply & Demand 186

India: Fertilizer Demand by Type 191

India: Fertilizer Demand by Market 192

Indonesia 194

Indonesia: Fertilizer Supply & Demand 194

Indonesia: Fertilizer Demand by Type 198

Indonesia: Fertilizer Demand by Market 199

Japan 201

Japan: Fertilizer Supply & Demand 201

Japan: Fertilizer Demand by Type 205

Japan: Fertilizer Demand by Market 206

Malaysia 208

Malaysia: Fertilizer Supply & Demand 208

Malaysia: Fertilizer Demand by Type 212

Malaysia: Fertilizer Demand by Market 213

Philippines 215

Philippines: Fertilizer Supply & Demand 215

Philippines: Fertilizer Demand by Type 218

Philippines: Fertilizer Demand by Market 219

South Korea 221

South Korea: Fertilizer Supply & Demand 221

South Korea: Fertilizer Demand by Type 224

South Korea: Fertilizer Demand by Market 225

Thailand 226

Thailand: Fertilizer Supply & Demand 226

Thailand: Fertilizer Demand by Type 230

Thailand: Fertilizer Demand by Market 231

Other Asia/Pacific 233

Other Asia/Pacific: Fertilizer Supply & Demand 233

Other Asia/Pacific: Fertilizer Demand by Type 236

Other Asia/Pacific: Fertilizer Demand by Market 237

VII. CENTRAL & SOUTH AMERICA 240

Fertilizer Supply & Demand 240

Fertilizer Demand by Type 243

Fertilizer Demand by Market 244

Argentina 245

Argentina: Fertilizer Supply & Demand 245

Argentina: Fertilizer Demand by Type 248

Argentina: Fertilizer Demand by Market 249

Brazil 251

Brazil: Fertilizer Supply & Demand 251

Brazil: Fertilizer Demand by Type 255

Brazil: Fertilizer Demand by Market 256

Chile 258

Chile: Fertilizer Supply & Demand 258

Chile: Fertilizer Demand by Type 261

Chile: Fertilizer Demand by Market 262

Colombia 263

Colombia: Fertilizer Supply & Demand 263

Colombia: Fertilizer Demand by Type 267

Colombia: Fertilizer Demand by Market 268

Peru 269

Peru: Fertilizer Supply & Demand 269

Peru: Fertilizer Demand by Type 272

Peru: Fertilizer Demand by Market 273

Other Central & South America 274

Other Central & South America: Fertilizer Supply & Demand

274

Other Central & South America: Fertilizer Demand by Type 278

Other Central & South America: Fertilizer Demand by Market

279

VIII. EASTERN EUROPE 280

Fertilizer Supply & Demand 280

Fertilizer Demand by Type 282

Fertilizer Demand by Market 283

Poland 285

Poland: Fertilizer Supply & Demand 285

Poland: Fertilizer Demand by Type 288

Poland: Fertilizer Demand by Market 289

Romania 290

Romania: Fertilizer: Supply & Demand 290

Romania: Fertilizer Demand by Type 294

Romania: Fertilizer Demand by Market 295

Russia 296

Russia: Fertilizer Supply & Demand 296

Russia: Fertilizer Demand by Type 301

Russia: Fertilizer Demand by Market 302

Ukraine 303

Ukraine: Fertilizer Supply & Demand 303

Ukraine: Fertilizer Demand by Type 307

Ukraine: Fertilizer Demand by Market 308

Other Eastern Europe 310

Other Eastern Europe: Fertilizer Supply & Demand 310

Other Eastern Europe: Fertilizer Demand by Type 312

Other Eastern Europe: Fertilizer Demand by Market 314

IX. AFRICA/MIDEAST 316

Fertilizer Supply & Demand 316

Fertilizer Demand by Type 319

Fertilizer Demand by Market 320

Egypt 321

Egypt: Fertilizer Supply & Demand 321

Egypt: Fertilizer Demand by Type 325

Egypt: Fertilizer Demand by Market 326

Iran 327

Iran: Fertilizer Supply & Demand 327

Iran: Fertilizer Demand by Type 331

Iran: Fertilizer Demand by Market 332

Nigeria 333

Nigeria: Fertilizer Supply & Demand 333

Nigeria: Fertilizer Demand by Type 337

Nigeria: Fertilizer Demand by Market 338

Saudi Arabia 340

Saudi Arabia: Fertilizer Supply & Demand 340

Saudi Arabia: Fertilizer Demand by Type 343

Saudi Arabia: Fertilizer Demand by Market 344

South Africa 345

South Africa: Fertilizer Supply & Demand 345

South Africa: Fertilizer Demand by Type 349

South Africa: Fertilizer Demand by Market 350

Turkey 352

Turkey: Fertilizer Supply & Demand 352

Turkey: Fertilizer Demand by Type 355

Turkey: Fertilizer Demand by Market 356

Other Africa/Mideast 357

Other Africa/Mideast: Fertilizer Supply & Demand 357

Other Africa/Mideast: Fertilizer Demand by Type 361

Other Africa/Mideast: Fertilizer Demand by Market 362

X. INDUSTRY STRUCTURE 364

General 364

Market Share 365

Industry Restructuring 367

Manufacturing 367

Marketing 369

Distribution 369

Company Profiles 370

Abu-Qir Fertilizers & Chemical Industries Company 372

Agrico Canada Limited, see Yara International ASA

Agrium Incorporated 373

APEX Nursery Fertilizer, see Simplot (JR) Company

Arab Fertilizers & Chemicals Industries Limited, see Arab

Potash Company

Arab Potash Company 380

AWB Limited, see Agrium Incorporated

BEST Turf Fertilizer, see Simplot (JR) Company

Birla (KK) Group 382

Bunge Participações e Investimentos SA, see Vale SA

Canpotex Limited, see Agrium Incorporated, Mosaic

Company and Potash Corporation of Saskatchewan

Incorporated

CF Industries Holdings Incorporated 384

Chambal Fertilisers and Chemicals Limited, see Birla

(KK) Group

China Agritech Incorporated 388

Citis SAS 390

COMPO GmbH & Company KG, see K+S AG

Coromandel International Limited 391

Crop Production Services Incorporated, see Agrium

Incorporated

Dawood Hercules Chemicals Limited 394

DSM Agro BV, see Orascom Construction Industries

Company

DuluxGroup Limited 395

Egyptian Fertilizers Company, see Orascom Construction

Industries Company

Fertilizantes Fosfatados SA, see Vale SA

GrowHow UK Limited, see CF Industries Holdings

Incorporated and Yara International ASA

Guizhou Kailin Group Company Limited 398

Haifa Chemicals Limited 399

Hanfeng Evergreen Incorporated 401

Hellenic Fertilizers and Chemicals ELFE SA 404

Indo Maroc Phosphore SA, see Birla (KK) Group and

Tata Group

Israel Chemicals Limited 407

JSC Uralkali 411

K+S AG 413

KEYTRADE AG, see CF Industries Holdings

Incorporated

Libyan Norwegian Fertiliser Company, see Yara

International ASA

Loveland Products Incorporated, see Agrium Incorporated

Mosaic Company 419

Nippon-Jordan Fertilizers Company, see Arab Potash

Company

Omnia Holdings Limited 424

Orascom Construction Industries Company 426

PETROKEMIJA DD 429

Phosphoric Fertilizers Industry SA, see Hellenic

Fertilizers and Chemicals ELFE SA

Potash Corporation of Saskatchewan Incorporated 430

Potash One Incorporated, see K+S AG

PRISM Sulfur Corporation 433

Qatar Fertiliser Company SAQ, see Yara International

ASA

Rallis India Limited, see Tata Group

Scotts Miracle-Gro Company 434

Shenzhen Batian Ecotypic Engineering Company Limited 440

SIBUR Holding OAO 441

Simplot (JR) Company 442

Sorfert Algérie Company, see Orascom Construction

Industries Company

Tata Group 447

Terra Industries Incorporated, see CF Industries Holdings

Incorporated

Texas Liquid Fertilizer Company Limited, see Simplot

(JR) Company

TogliattiAzot OJSC, see URALCHEM OJSC

URALCHEM OJSC 450

Vale SA 452

Yara International ASA 456

Yates Australia, see DuluxGroup Limited

Additional Companies Mentioned in Study 466

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

1 Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 World Gross Domestic Product by Region 10

2 World Population by Region 12

3 World Nonurban Population by Region 13

4 World Personal Consumption Expenditures by Region 14

5 World Agricultural Output by Region 16

6 World Agricultural Land Usage by Region & Crop 18

SECTION III -- OVERVIEW

1 World Fertilizer Demand 27

2 World Fertilizer Demand by Region 29

3 World Fertilizer Demand by Type 30

4 World Single-Nutrient Fertilizer Demand by Type 32

5 World Nitrogen Fertilizer Demand by Type & Region 35

6 World Phosphate Fertilizer Demand by Type & Region 39

7 World Potash Fertilizer Demand by Type & Market 42

8 World Multi-Nutrient Fertilizer Demand by Region 44

9 World Other Fertilizers Demand by Type & Region 47

10 World Fertilizer Demand by Market 49

11 World Agricultural Fertilizer Demand by Crop & Region 53

12 World Consumer & Commercial Fertilizer Demand by Market &

Region 55

13 World Fertilizer Production by Region 58

14 World Fertilizer Net Exports by Region 60

SECTION IV -- NORTH AMERICA

1 North America: Fertilizer Supply & Demand 63

2 North America: Fertilizer Demand by Type 64

3 North America: Fertilizer Demand by Market 65

4 United States: Fertilizer Supply & Demand 69

5 United States: Fertilizer Demand by Type 71

6 United States: Fertilizer Demand by Market 72

7 Canada: Fertilizer Supply & Demand 75

8 Canada: Fertilizer Demand by Type 76

9 Canada: Fertilizer Demand by Market 78

10 Mexico: Fertilizer Supply & Demand 81

11 Mexico: Fertilizer Demand by Type 82

12 Mexico: Fertilizer Demand by Market 84

SECTION V -- WESTERN EUROPE

1 Western Europe: Fertilizer Supply & Demand 87

2 Western Europe: Fertilizer Demand by Type 88

3 Western Europe: Fertilizer Demand by Market 90

4 Austria: Fertilizer Supply & Demand 92

5 Austria: Fertilizer Demand by Type 94

6 Austria: Fertilizer Demand by Market 95

7 Belgium: Fertilizer Supply & Demand 98

8 Belgium: Fertilizer Demand by Type 100

9 Belgium: Fertilizer Demand by Market 102

10 Finland: Fertilizer Supply & Demand 104

11 Finland: Fertilizer Demand by Type 106

12 Finland: Fertilizer Demand by Market 107

13 France: Fertilizer Supply & Demand 110

14 France: Fertilizer Demand by Type 112

15 France: Fertilizer Demand by Market 114

16 Germany: Fertilizer Supply & Demand 117

17 Germany: Fertilizer Demand by Type 119

18 Germany: Fertilizer Demand by Market 121

19 Ireland: Fertilizer Supply & Demand 124

20 Ireland: Fertilizer Demand by Type 126

21 Ireland: Fertilizer Demand by Market 127

22 Italy: Fertilizer Supply & Demand 130

23 Italy: Fertilizer Demand by Type 132

24 Italy: Fertilizer Demand by Market 134

25 Netherlands: Fertilizer Supply & Demand 136

26 Netherlands: Fertilizer Demand by Type 138

27 Netherlands: Fertilizer Demand by Market 139

28 Portugal: Fertilizer Supply & Demand 142

29 Portugal: Fertilizer Demand by Type 144

30 Portugal: Fertilizer Demand by Market 145

31 Spain: Fertilizer Supply & Demand 148

32 Spain: Fertilizer Demand by Type 150

33 Spain: Fertilizer Demand by Market 151

34 United Kingdom: Fertilizer Supply & Demand 154

35 United Kingdom: Fertilizer Demand by Type 156

36 United Kingdom: Fertilizer Demand by Market 158

37 Other Western Europe: Fertilizer Supply & Demand 160

38 Other Western Europe: Fertilizer Demand by Type 161

39 Other Western Europe: Demand by Market 162

SECTION VI -- ASIA/PACIFIC

1 Asia/Pacific: Fertilizer Supply & Demand 166

2 Asia/Pacific: Fertilizer Demand by Type 167

3 Asia/Pacific: Fertilizer Demand by Market 169

4 Australia: Fertilizer Supply & Demand 172

5 Australia: Fertilizer Demand by Type 174

6 Australia: Fertilizer Demand by Market 176

7 China: Fertilizer Supply & Demand 180

8 China: Fertilizer Demand by Type 183

9 China: Fertilizer Demand by Market 186

10 India: Fertilizer Supply & Demand 190

11 India: Fertilizer Demand by Type 192

12 India: Fertilizer Demand by Market 194

13 Indonesia: Fertilizer Supply & Demand 197

14 Indonesia: Fertilizer Demand by Type 199

15 Indonesia: Fertilizer Demand by Market 201

16 Japan: Fertilizer Supply & Demand 204

17 Japan: Fertilizer Demand by Type 206

18 Japan: Fertilizer Demand by Market 208

19 Malaysia: Fertilizer Supply & Demand 211

20 Malaysia: Fertilizer Demand by Type 213

21 Malaysia: Fertilizer Demand by Market 214

22 Philippines: Fertilizer Supply & Demand 217

23 Philippines: Fertilizer Demand by Type 219

24 Fertilizer Demand by Market 220

25 South Korea: Fertilizer Supply & Demand 223

26 South Korea: Fertilizer Demand by Type 225

27 South Korea: Fertilizer Demand by Market 226

28 Thailand: Fertilizer Supply & Demand 229

29 Thailand: Fertilizer Demand by Type 231

30 Thailand: Fertilizer Demand by Market 232

31 Other Asia/Pacific: Fertilizer Supply & Demand 235

32 Other Asia/Pacific: Fertilizer Demand by Type 237

33 Other Asia/Pacific: Fertilizer Demand by Market 239

SECTION VII -- CENTRAL & SOUTH AMERICA

1 Central & South America: Fertilizer Supply & Demand 242

2 Central & South America: Fertilizer Demand by Type 243

3 Central & South America: Fertilizer Demand by Market 244

4 Argentina: Fertilizer Supply & Demand 247

5 Argentina: Fertilizer Demand by Type 249

6 Argentina: Fertilizer Demand by Market 251

7 Brazil: Fertilizer Supply & Demand 254

8 Brazil: Fertilizer Demand by Type 256

9 Brazil: Fertilizer Demand by Market 257

10 Chile: Fertilizer Supply & Demand 260

11 Chile: Fertilizer Demand by Type 262

12 Chile: Fertilizer Demand by Market 263

13 Colombia: Fertilizer Supply & Demand 266

14 Colombia: Fertilizer Demand by Type 268

15 Colombia: Fertilizer Demand by Market 269

16 Peru: Fertilizer Supply & Demand 271

17 Peru: Fertilizer Demand by Type 273

18 Peru: Fertilizer Demand by Market 274

19 Other Central & South America: Fertilizer Supply & Demand 277

20 Other Central & South America: Fertilizer Demand by Type 278

21 Other Central & South America: Fertilizer Demand by Market 279

SECTION VIII -- EASTERN EUROPE

1 Eastern Europe: Fertilizer Supply & Demand 282

2 Eastern Europe: Fertilizer Demand by Type 283

3 Eastern Europe: Fertilizer Demand by Market 284

4 Poland: Fertilizer Supply & Demand 287

5 Poland: Fertilizer Demand by Type 289

6 Poland: Fertilizer Demand by Market 290

7 Romania: Fertilizer Supply & Demand 293

8 Romania: Fertilizer Demand by Type 295

9 Romania: Fertilizer Demand by Market 296

10 Russia: Fertilizer Supply & Demand 300

11 Russia: Fertilizer Demand by Type 302

12 Russia: Fertilizer Demand by Market 303

13 Ukraine: Fertilizer Supply & Demand 306

14 Ukraine: Fertilizer Demand by Type 308

15 Ukraine: Fertilizer Demand by Market 309

16 Other Eastern Europe: Fertilizer Supply & Demand 312

17 Other Eastern Europe: Fertilizer Demand by Type 314

18 Other Eastern Europe: Fertilizer Demand by Market 315

SECTION IX -- AFRICA/MIDEAST

1 Africa/Mideast: Fertilizer Supply & Demand 318

2 Africa/Mideast: Fertilizer Demand by Type 319

3 Africa/Mideast: Fertilizer Demand by Market 321

4 Egypt: Fertilizer Supply & Demand 324

5 Egypt: Fertilizer Demand by Type 326

6 Egypt: Fertilizer Demand by Market 327

7 Iran: Fertilizer Supply & Demand 330

8 Iran: Fertilizer Demand by Type 332

9 Iran: Fertilizer Demand by Market 333

10 Nigeria: Fertilizer Supply & Demand 336

11 Nigeria: Fertilizer Demand by Type 338

12 Nigeria: Fertilizer Demand by Market 339

13 Saudi Arabia: Fertilizer Supply & Demand 342

14 Saudi Arabia: Fertilizer Demand by Type 344

15 Saudi Arabia: Fertilizer Demand by Market 345

16 South Africa: Fertilizer Supply & Demand 348

17 South Africa: Fertilizer Demand by Type 350

18 South Africa: Fertilizer Demand by Market 351

19 Turkey: Fertilizer Supply & Demand 354

20 Turkey: Fertilizer Demand by Type 356

21 Turkey: Fertilizer Demand by Market 357

22 Other Africa/Mideast: Fertilizer Supply & Demand 360

23 Other Africa/Mideast: Fertilizer Demand by Type 361

24 Other Africa/Mideast: Fertilizer Demand by Market 363

SECTION X -- INDUSTRY STRUCTURE

LIST OF CHARTS

SECTION XI -- EXECUTIVE SUMMARY

SECTION XII -- MARKET ENVIRONMENT

SECTION XIII -- OVERVIEW

SECTION XIV -- NORTH AMERICA

SECTION XV -- WESTERN EUROPE

SECTION XVI -- ASIA/PACIFIC

SECTION XVII -- CENTRAL & SOUTH AMERICA

SECTION XVIII -- EASTERN EUROPE

SECTION XIX -- AFRICA/MIDEAST

SECTION XX -- INDUSTRY STRUCTURE

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Nicolas Bombourg
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