5 Largest Fertilizer Companies in the World

3. Industries Qatar QPSC

Market Capitalization: $26.6 billion

Doha, Qatar-based Industries Qatar QPSC operates in three distinct business segments: Petrochemicals, Fertilizers and Steel. The fertilizer business comprises a 100% owned subsidiary, Qatar Fertilizer Company Limited (QAFCO), founded in 1969.

QAFCO is a leading global nitrogen-based fertilizer producer with 6 manufacturing facilities with annual capacity to produce 3.8 million tons of ammonia and 5.6 million tons of urea. The majority of Ammonia produced by the company is used as feedstock for urea and ammonium phosphate production. It sold 4.7 million tons of fertilizers during the first nine months of 2022.