Ammonium Nitrate Market by Form (Granular, Powder), Application (Explosives, Fertilizers), End-User - Global Forecast 2023-2030
The Ammonium Nitrate Market is projected to reach USD 22.38 billion by 2030 from USD 15.63 billion in 2022, at a CAGR of 4.58% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Ammonium Nitrate Market.
- Based on Form, market is studied across Granular and Powder. The Granular commanded largest market share of 83.77% in 2022, followed by Powder.
- Based on Application, market is studied across Explosives and Fertilizers. The Fertilizers commanded largest market share of 68.43% in 2022, followed by Explosives.
- Based on End-User, market is studied across Agriculture, Civil & Commercial Explosives, Military Explosives, and Mining & Quarrying. The Agriculture commanded largest market share of 53.68% in 2022, followed by Military Explosives.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 42.79% in 2022, followed by Asia-Pacific.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Ammonium Nitrate Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Ammonium Nitrate Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Ammonium Nitrate Market, highlighting leading vendors and their innovative profiles. These include Abu Qir Fertilizers and Chemical Industries Company, Austin Powder Company, CF Industries Holdings, Inc., CSBP Limited, CVR Partners, LP, Deepak Fertilisers And Petrochemicals Corporation Ltd., Enaex S.A., EPC Groupe, Eurochem Group AG, Fertiberia, S.A., GFS Chemicals, Inc., GROUP DF, Incitec Pivot Limited, Koch Industries, Inc., KUMPULAN SAINTIFIK F.E. SDN BHD, LARSEN & TOUBRO LIMITED, MaxamCorp Holding, S.L., Merck KGaA, Neochim PLC, Noah Chemicals, Inc., Orica Limited, PhosAgro Group of Companies, San Corporation, Sasol Limited, Sumitomo Chemical Co., Ltd., URALCHEM JSC, Vaisala Oyj, and Yara International ASA.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Ammonium Nitrate Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Ammonium Nitrate Market?
- What is the competitive strategic window for identifying opportunities in the Ammonium Nitrate Market?
- What are the latest technology trends and regulatory frameworks in the Ammonium Nitrate Market?
- What is the market share of the leading vendors in the Ammonium Nitrate Market?
- Which modes and strategic moves are suitable for entering the Ammonium Nitrate Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Ammonium Nitrate Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Need for nitrogen rich fertilizers to increase the agriculture produce from limited arable land
- 5.1.1.2. Increased utilization of ammonium nitrate in mining sector
- 5.1.2. Restraints
- 5.1.2.1. Volatile prices of raw materials
- 5.1.3. Opportunities
- 5.1.3.1. Significant investments in the building and construction sector
- 5.1.3.2. New development in ammonium nitrate to improve efficacy
- 5.1.4. Challenges
- 5.1.4.1. Stringent governmental regulations for storage, transport, and packaging
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.3.1. Government initiative for ammonium nitrate based fertilizer production
- 5.3.2. Rapid expansion of agriculture and construction sector creating demand for ammonium nitrate in Asia-Pacific
- 5.3.3. Strong production capacity and increasing consumption of ammonium nitrate in EMEA region
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 5.10.1. Pricing Analysis and Trends 2017-2023
- 6. Ammonium Nitrate Market, by Form
- 6.1. Introduction
- 6.2. Granular
- 6.3. Powder
- 7. Ammonium Nitrate Market, by Application
- 7.1. Introduction
- 7.2. Explosives
- 7.3. Fertilizers
- 8. Ammonium Nitrate Market, by End-User
- 8.1. Introduction
- 8.2. Agriculture
- 8.3. Civil & Commercial Explosives
- 8.4. Military Explosives
- 8.5. Mining & Quarrying
- 9. Americas Ammonium Nitrate Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Ammonium Nitrate Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Ammonium Nitrate Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Abu Qir Fertilizers to set up new joint stock company
- 12.3.1.2. Incitec Announces Completion of Titanobel Acquisition
- 12.3.1.3. Casale Announces Acquisition of Green Granulation
- 12.3.2. Agreement, Collaboration, & Partnership
- 12.3.2.1. Yara And Lantmännen Sign First Commercial Agreement For Fossil Free Fertilizers
- 12.3.3. New Product Launch & Enhancement
- 12.3.3.1. Casale Key Technologies For A New Technical Ammonium Nitrate Complex
- 12.3.4. Investment & Funding
- 12.3.4.1. Abu Qir Fertilizers to Invest USD 1.2 billion In Setting Up A New Ammonia Plant
- 12.3.4.2. L&T Wins Order For Its Hydrocarbon Business In The Range of Rs. 1,000 - 2,500 Cr
- 12.3.4.3. Koch Fertilizer Blueprints USD 30M Project at UAN Plant
- 12.3.5. Award, Recognition, & Expansion
- 12.3.5.1. Deepak Fertilizers To Commission Ammonia Plant
- 12.3.5.2. Técnicas Reunidas Wins An Engineering Contract To Develop The Largest Ammonium Production Plant Of Kazakhstan
- 12.3.5.3. CF Fertilisers UK Announces Proposals to Restructure Operations to Enable Continued Supply of Fertiliser, Carbon Dioxide and Other Industrial Products to Customers in the UK
- 12.3.5.4. Chambal Fertilizers Okays Setting Up Of Plant In Kota
- 12.3.5.5. Saudi Arabia Awards FEED Contract For Ammonium Nitrate Plant
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Abu Qir Fertilizers and Chemical Industries Company
- 13.1.2. Austin Powder Company
- 13.1.3. CF Industries Holdings, Inc.
- 13.1.4. CSBP Limited
- 13.1.5. CVR Partners, LP
- 13.1.6. Deepak Fertilisers And Petrochemicals Corporation Ltd.
- 13.1.7. Enaex S.A.
- 13.1.8. EPC Groupe
- 13.1.9. Eurochem Group AG
- 13.1.10. Fertiberia, S.A.
- 13.1.11. GFS Chemicals, Inc.
- 13.1.12. GROUP DF
- 13.1.13. Incitec Pivot Limited
- 13.1.14. Koch Industries, Inc.
- 13.1.15. KUMPULAN SAINTIFIK F.E. SDN BHD
- 13.1.16. LARSEN & TOUBRO LIMITED
- 13.1.17. MaxamCorp Holding, S.L.
- 13.1.18. Merck KGaA
- 13.1.19. Neochim PLC
- 13.1.20. Noah Chemicals, Inc.
- 13.1.21. Orica Limited
- 13.1.22. PhosAgro Group of Companies
- 13.1.23. San Corporation
- 13.1.24. Sasol Limited
- 13.1.25. Sumitomo Chemical Co., Ltd.
- 13.1.26. URALCHEM JSC
- 13.1.27. Vaisala Oyj
- 13.1.28. Yara International ASA
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
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