Ammonia Market - Size, Share, Trends, and Forecast, 2022 - 2028
Ammonia (NH3) is a colorless gas, which is highly soluble in water, corrosive, and has a pungent odor. At normal atmospheric pressure, ammonia has a boiling point of -28 EF and a freezing point of -107.86 EF. Ammonia is used in the production of nitrogen fertilizers. Ammonia is used in end-used industries such as agriculture, chemical, textile, pulp and paper, pharmaceutical and water treatment.
Market Dynamics
Increasing demand for ammonia in end-use industries such as water treatment, textile, plastic, and chemical is driving growth of the global ammonia market. Ammonia is also used as a refrigerant gas for the purification of water supplies. As ammonia is used in the manufacturing of synthetic textile fibers such as nylon, rayon, and acrylics thus its demand in textile industry has positively impact on the global ammonia market. For instance, according to the India Brand Equity Foundation (IBEF), Indian textile market has increased from US$ 99 Billion in 2014 to US$137 Billion in 2016 and exhibited a CAGR of 17.6% during the period 2017-2021.
However, the higher concentrations of ammonia in the air causes severe injuries and burns are the factors which restraint growth of ammonia market. Contact with concentrated ammonia solutions such as industrial cleaners can cause corrosive injuries including skin burns, blindness or permanent eye damage.
Asia Pacific held significant market share in the global ammonia market due to high production and consumption of ammonia as a fertilizer in agriculture industry of emerging economies such as China and India. For instance, according to the Department of Agriculture, Forestry and Fisheries, China fertilizer production was valued at 84 million tons in 2014.
Key features of the study:
This report provides in-depth analysis of ammonia market, market size (US$ Bn), and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global ammonia market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
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 decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global ammonia market report caters to various stakeholders in this industry including investors, suppliers, ammonia 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.
Detailed Segmentation:
Global Ammonia Market, By Form:
Liquid
Gas
Powder
Global Ammonia Market, By Application:
Fertilizers
Refrigerants
Cleansing Agents
Explosives
Global Ammonia Market, By End-use Industry:
Agriculture
Pharmaceutical
Textile
Chemical
Plastics
Pulp and Paper
Others (Mining, Water Treatment, etc.)
Global Ammonia Market, By Region:
North America
U.S.
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.)
Canada
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.)
Europe
U.K.
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.)
Germany
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.)
France
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.)
Italy
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.)
Spain
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.)
Russia
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.)
Rest of Europe
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.)
Asia Pacific
China
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.)
India
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.)
Japan
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.)
Australia
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.)
ASEAN
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.)
South Korea
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.)
Rest of Asia Pacific
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.)
Latin America
Brazil
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.)
Argentina
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.)
Mexico
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.)
Rest of Latin America
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.)
Middle East
GCC
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.)
Israel
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.)
Rest of Middle East
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.)
Africa
Northern Africa
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.)
Central Africa
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.)
South Africa
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.)
Company Profiles
Yara International ASA*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
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
“*” marked represents similar segmentation in other categories in the respective section.
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