Global Ammonia Market Report and Forecast 2023-2028

Global Ammonia Market Report and Forecast 2023-2028


Market Outlook

According to the report by Expert Market Research (EMR), the global ammonia market reached a volume of approximately 194.8 MMT in 2022. Aided by the escalating demand for fertilisers and the expanding applications of ammonia in various industries, the market is projected to further grow at a CAGR of 3.5% between 2023 and 2028 to reach a volume of 235.83 MMT by 2028.

Ammonia is a compound of nitrogen and hydrogen which is used extensively in the agricultural industry for the production of fertilisers. It is a crucial element in supporting plant growth and enhancing crop yields, making it an essential component in the global food production chain. Apart from its agricultural applications, ammonia is also used in several other industries, including pharmaceuticals, textiles, refrigeration, and cleaning supplies.

The escalating global demand for fertilisers is the primary driver of the ammonia market growth. With the increasing global population and the consequent rise in food demand, there has been a significant upsurge in the need for fertilisers to ensure sufficient crop yields. As ammonia-based fertilisers such as urea, ammonium nitrate, and ammonium phosphate are critical to agriculture, the growth in the fertiliser industry translates directly into the expansion of the ammonia market.

Furthermore, the widening applications of ammonia in various sectors also contribute significantly to the ammonia market development. In the pharmaceutical industry, ammonia is used in the production of certain medicines and healthcare products. The textile industry utilises ammonia for the pre-treatment of fibres and for dyeing purposes. The refrigeration industry employs ammonia as a cooling agent due to its high energy efficiency and environmental benefits. Moreover, ammonia's cleaning properties make it a popular ingredient in many household and industrial cleaning supplies.

Additionally, the increasing focus on renewable energy sources is expected to boost the ammonia market expansion. Green ammonia, produced through a process that involves electrolysis of water to produce hydrogen, which is then combined with nitrogen to produce ammonia, is emerging as a viable renewable energy source. As countries worldwide aim to reduce their carbon footprint, the demand for green ammonia is anticipated to surge, offering significant growth opportunities for the ammonia market.

Market Segmentation

The market can be divided based on type, end use, and region.

Market Breakup by Type
  • Liquid
  • Gas
Market Breakup by End Use
  • Agriculture
  • Textile
  • Mining
  • Pharmaceutical
  • Refrigeration
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global ammonia companies. Some of the major key players explored in the report by Expert Market Research are as follows:
  • Yara International ASA
  • CSBP Limited
  • CF Industries Holdings, Inc.
  • Koch Fertilizer, LLC
  • GROUP DF
  • CASCALE SA
  • OCI N.V.
  • Acron Group
  • BASF SE
  • SABIC
  • Indian Farmers Fertiliser Cooperative (IFFCO)
  • Nutrien Ltd
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Ammonia Market Analysis
8.1 Key Industry Highlights
8.2 Global Ammonia Historical Market (2018-2022)
8.3 Global Ammonia Market Forecast (2023-2028)
8.4 Global Ammonia Market by Type
8.4.1 Liquid
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Gas
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Ammonia Market by End Use
8.5.1 Agriculture
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Textile
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Mining
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Pharmaceutical
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Refrigeration
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Ammonia Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Ammonia Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Ammonia Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Ammonia Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Ammonia Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Ammonia Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Price Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Yara International ASA
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 CSBP Limited
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 CF Industries Holdings, Inc.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Koch Fertilizer, LLC
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 GROUP DF
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 CASCALE SA
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 OCI N.V.
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Acron Group
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 BASF SE
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 SABIC
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Indian Farmers Fertiliser Cooperative (IFFCO)
18.2.11.1 Company Overview
18.2.11.2 Product Portfolio
18.2.11.3 Demographic Reach and Achievements
18.2.11.4 Certifications
18.2.12 Nutrien Ltd
18.2.12.1 Company Overview
18.2.12.2 Product Portfolio
18.2.12.3 Demographic Reach and Achievements
18.2.12.4 Certifications
18.2.13 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ammonia Market: Key Industry Highlights, 2018 and 2028
2. Global Ammonia Historical Market: Breakup by Type (MMT), 2018-2022
3. Global Ammonia Market Forecast: Breakup by Type (MMT), 2023-2028
4. Global Ammonia Historical Market: Breakup by End Use (MMT), 2018-2022
5. Global Ammonia Market Forecast: Breakup by End Use (MMT), 2023-2028
6. Global Ammonia Historical Market: Breakup by Region (MMT), 2018-2022
7. Global Ammonia Market Forecast: Breakup by Region (MMT), 2023-2028
8. North America Ammonia Historical Market: Breakup by Country (MMT), 2018-2022
9. North America Ammonia Market Forecast: Breakup by Country (MMT), 2023-2028
10. Europe Ammonia Historical Market: Breakup by Country (MMT), 2018-2022
11. Europe Ammonia Market Forecast: Breakup by Country (MMT), 2023-2028
12. Asia Pacific Ammonia Historical Market: Breakup by Country (MMT), 2018-2022
13. Asia Pacific Ammonia Market Forecast: Breakup by Country (MMT), 2023-2028
14. Latin America Ammonia Historical Market: Breakup by Country (MMT), 2018-2022
15. Latin America Ammonia Market Forecast: Breakup by Country (MMT), 2023-2028
16. Middle East and Africa Ammonia Historical Market: Breakup by Country (MMT), 2018-2022
17. Middle East and Africa Ammonia Market Forecast: Breakup by Country (MMT), 2023-2028
18. Major Importing Countries by Value
19. Major Exporting Countries by Value
20. Major Importing Countries by Volume
21. Major Exporting Countries by Volume
22. Global Ammonia Market Structure.

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