Ammonia Market, By Form (Liquid, Gas, and Powder), By Application (Fertilizers, Refrigerants, Cleansing Agents, and Explosives), By End Use Industry (Agriculture, Pharmaceutical, Textile, Chemical, Plastics, Pulp and Paper, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Global ammonia market has witnessed significant growth at an exponential rate in the near future. Ammonia has a wide range of applications across various end use industries including agricultural, refrigeration, industrial chemicals, and others. Increasing demand from agricultural sector for ammonia based fertilizers is driving the market growth. Ammonia acts as a building block for the production of numerous nitrogen-containing compounds which are further used across many industries like plastics, dyes and pharmaceuticals. Growing food demand owing to rising global population coupled with expansion of agricultural activities in emerging nations are propelling the demand for ammonia over the forecast period.
Market Dynamics:
This market is driven by factors such as rising consumption from agricultural sector, increasing demand for nitrogenous fertilizers and growing food demand. Ammonia is a chief nitrogenous fertilizer which finds widespread application in production of urea, ammonium nitrate, and other nitrogen-based fertilizers to increase crop yield. According to the Food and Agriculture Organization (FAO) of the United Nations, a specialized agency of the United Nations that leads international efforts to defeat hunger and improve nutrition and food security, global fertilizer consumption needs to be doubled by 2050 to meet growing food demand of rising population. This, in turn, is anticipated to significantly fuel the ammonia consumption over next decade. However, stringent environmental regulations regarding greenhouse gas emissions from ammonia production plants and fluctuating natural gas prices are expected to restrain the market growth. Development of advanced production technologies in ammonia to reduce greenhouse emissions and growing demand for hybrid fertilizers presenting new opportunities.
Key features of the study:
- This report provides in-depth analysis of the global ammonia market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key market players.
- It profiles key players in the global ammonia market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., Potash Corporation of Saskatchewan Inc., Dangyang Huaqiang Chemical Co., Ltd., Shanxi Jinfeng Coal Chemical Co Ltd., GTS Chemical Holdings plc.,Togliattiazot, OCI Nitrogen B.V., Agrium Inc., Sabic, and Koch Fertilizer, LLC among others.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- This market report caters to various stakeholders in the global ammonia market including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ammonia market.
- By Form
- Liquid
- Gas
- Powder
- By Application
- Fertilizers
- Refrigerants
- Cleansing Agents
- Explosives
- By End Use Industry
- Agriculture
- Pharmaceutical
- Textile
- Chemical
- Plastics
- Pulp and Paper
- Others (Mining, Water Treatment, etc.)
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Top Companies in this Market
- Yara International ASA
- BASF SE
- CF Industries Holdings, Inc.
- Nutrien Ltd.
- Potash Corporation of Saskatchewan Inc.
- Dangyang Huaqiang Chemical Co., Ltd.
- Shanxi Jinfeng Coal Chemical Co Ltd.
- GTS Chemical Holdings plc.
- Togliattiazot
- OCI Nitrogen B.V
- Agrium Inc.
- Sabic
- Koch Fertilizer, LLC
- 1. Research Objective and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By End Use Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Strong demand from agricultural sector
- Fertilizer production
- Restraints
- Stringent environment regulations
- Health hazards
- Opportunities
- Growth in agricultural industry
- Increasing demand for refrigerants
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Mergers, Acquisitions, and Collaborations
- 4. Global Ammonia Market - Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Ammonia Market, By Form, 2019 – 2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- 6. Global Ammonia Market, By Application, 2019 – 2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Refrigerants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Cleansing Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Explosives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- 7. Global Ammonia Market, By End Use Industry, 2019 – 2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Agriculture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Textile
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Chemical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Plastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Pulp and Paper
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Others (Mining, Water Treatment, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- 8. Global Ammonia Market, By Region, 2019 – 2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Sub-region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, By Sub-region, 2019 – 2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Middle East& Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019 – 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East
- 9. Competitive Landscape
- Company Profiles
- Yara International ASA
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- BASF SE
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- CF Industries Holdings, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Nutrien Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Potash Corporation of Saskatchewan Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Dangyang Huaqiang Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Shanxi Jinfeng Coal Chemical Co Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- GTS Chemical Holdings plc.
- Togliattiazot
- OCI Nitrogen B.V
- Agrium Inc.
- Sabic
- Koch Fertilizer, LLC
- Analysts Views
- 10. Section
- References
- Research Methodology
- About us
- *Browse 180 market data tables and 110 figures on Global Ammonia Market - Global forecast to 2031”.
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