Market Research

Ammonia Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 140 Pages Fortune Business Insights Pvt. Ltd. November, 2024 FOB19326460
Best Price Guarantee
Price from $4,850
Length 140 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date November, 2024
SKU FOB19326460

Ammonia Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Ammonia Market

The ammonia market size was valued at USD 67.01 billion in 2020, and the market is now projected to grow from USD 71.98 billion in 2021 to USD 110.93 billion by 2028, exhibiting a CAGR of 6.4% during the forecast period of 2020-2028.

Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the ammonia market growth. Additionally, manpower shortages affected manufacturing plants and slowed production due to movement restrictions and lockdowns in several regions. Stopped providing on-site maintenance and installations market growth sputtered amid the pandemic. Production facilities throughout the nations have been hindered by the abrupt lockdown. The pandemic has also had a negative impact on facial recognition door lock manufacturing and production facilities. The disruption in the supply chain and the decreased availability of labor, staff, and resources are the causes of this. As a result, the market's growth rate has decreased.

Growing agricultural production and growing fertilizer consumption will fuel ammonia market growth during forecast period. The expanding world population and rising food consumption are expected to boost fertilizer sector profits. The demand for oilseeds and grain crops, which propels fertilizer output overall, determines the market for these fertilizers. The agriculture sector uses the majority of the ammonia generated as a supply of nitrogen, which is essential for plant growth. In the fertilizer business, the molecule is widely used to create solid compounds like urea, phosphate, ammonium nitrate, and sulfate. Ammonium phosphate is also a fast-release fertilizer that can be applied for lawn renovation, overseeding, new grass planting, and upkeep.

Ammonia demand will rise as researchers work to reduce greenhouse gas during forecast period. Furthermore, the electrolysis process would produce 2.65 tons of CO2 if power from fossil fuels were used, while renewable energy sources might produce zero carbon emissions. Researchers are also considering the idea of employing airborne NH3 instead of purified nitrogen gas. Since nitrogen gas must be cleaned and bottled, this would save even more greenhouse gases (GHGs).

Comprehensive Analysis of Ammonia Market

The ammonia market and chemicals & advanced materials industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the chemicals & advanced materials benefit management industry. These segmentations are methodically segregated by application. The types of devices include, By Application segmentations include Fertilizers, Textile, Refrigeration, Pharmaceutical, Household & Industrial Cleaning, and Others.

The Asia Pacific region lead the ammonia market by benefitting a market size of USD 27.41 billion in 2020 due to growing agricultural production and growing fertilizer consumption and ammonia demand will rise as researchers work to reduce greenhouse gas.

The top players in the market play a crucial role in the chemicals & advanced materials industry assuring industrial prospectus growth and setting market standards. These prominent key industry players include, Yara International ASA (Oslo, Norway), CF Industries Holdings, Inc. (Illinois, the U.S.), Qatar Petroleum (Doha, Qatar), EuroChem Group (Zug, Switzerland), Koch Fertilizer, Praxair Technology, Inc. (Connecticut, the U.S.), China National Petroleum Corporation (Beijing, China), Rashtriya Chemicals and Fertilizers Limited (RCFL) (Mumbai, India), Other Key Players these market players provide a level-playing competitive landscape.

In May 2021, After a five-year break, Japan's Mitsui O.S.K. Lines is returning to the ammonia shipping industry. The business also declared that it will take part in a collaborative development study on the supply chain for ammonia fuel.

Segmentation Table

ATTRIBUTE

DETAILS

Study Period

2017-2028

Base Year

2020

Estimated Year

2021

Forecast Period

2021-2028

Historical Period

2017-2019

Unit

Value (USD Billion); Volume (Kilo Tons)

Segmentation

Application; and Region

By Application

Fertilizers

Textile

Refrigeration

Pharmaceutical

Household & Industrial Cleaning

Others

By Region

North America (By Application, By Country)

  • The U.S. (By Application)

    Canada (By Application)

    Europe (By Application, By Country)

    • Germany (By Application)

      UK (By Application)

      France (By Application)

      Italy (By Application)

      Spain (By Application)

      Rest of Europe (By Application)

      Asia Pacific (By Application, By Country)

      • China (By Application)

        Japan (By Application)

        India (By Application)

        South Korea (By Application)

        Rest of Asia Pacific (By Application)

        Latin America (By Application, By Country)

        • Brazil (By Application)

          Rest of Latin America (By Application)

          The Middle East & Africa (By Application, By Country)

          • Saudi Arabia (By Application)

            South Africa (By Application)

            Rest of the Middle East & Africa (By Application)Please Note: It will take 5-6 business days to complete the report upon order confirmation.


1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Industry SWOT Analysis
4.3. Regulatory Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
5. Qualitative Insights – Impact of COVID-19 on Global Ammonia Market
5.1. Supply Chain Challenges
5.2. Steps taken by Government/Companies to overcome this impact
5.3. Potential opportunities due to COVID-19 outbreak
6. Global Ammonia Market Analysis, Insights and Forecast, 2017-2028
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Application (Value/Volume)
6.2.1.1. Fertilizers
6.2.1.2. Textile
6.2.1.3. Refrigeration
6.2.1.4. Pharmaceutical
6.2.1.5. Household & Industrial Cleaning
6.2.1.6. Others
6.2.2. By Region (Value/Volume)
6.2.2.1. North America
6.2.2.2. Europe
6.2.2.3. Asia Pacific
6.2.2.4. Latin America
6.2.2.5. Middle East & Africa
7. North America Ammonia Market Analysis, Insights and Forecast, 2017-2028
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Application (Value/Volume)
7.2.1.1. Fertilizers
7.2.1.2. Textile
7.2.1.3. Refrigeration
7.2.1.4. Pharmaceutical
7.2.1.5. Household & Industrial Cleaning
7.2.1.6. Others
7.2.2. By Country (Value/Volume)
7.2.2.1. U.S.
7.2.2.1.1. By Application (Value/Volume)
7.2.2.1.1.1. Fertilizers
7.2.2.1.1.2. Textile
7.2.2.1.1.3. Refrigeration
7.2.2.1.1.4. Pharmaceutical
7.2.2.1.1.5. Household & Industrial Cleaning
7.2.2.1.1.6. Others
7.2.2.2. Canada
7.2.2.2.1. By Application (Value/Volume)
7.2.2.2.1.1. Fertilizers
7.2.2.2.1.2. Textile
7.2.2.2.1.3. Refrigeration
7.2.2.2.1.4. Pharmaceutical
7.2.2.2.1.5. Household & Industrial Cleaning
7.2.2.2.1.6. Others
8. Europe Ammonia Market Analysis, Insights and Forecast, 2017-2028
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Application (Value/Volume)
8.2.1.1. Fertilizers
8.2.1.2. Textile
8.2.1.3. Refrigeration
8.2.1.4. Pharmaceutical
8.2.1.5. Household & Industrial Cleaning
8.2.1.6. Others
8.2.2. By Country (Value/Volume)
8.2.2.1. Germany
8.2.2.1.1. By Application (Value/Volume)
8.2.2.1.1.1. Fertilizers
8.2.2.1.1.2. Textile
8.2.2.1.1.3. Refrigeration
8.2.2.1.1.4. Pharmaceutical
8.2.2.1.1.5. Household & Industrial Cleaning
8.2.2.1.1.6. Others
8.2.2.2. UK
8.2.2.2.1. By Application (Value/Volume)
8.2.2.2.1.1. Fertilizers
8.2.2.2.1.2. Textile
8.2.2.2.1.3. Refrigeration
8.2.2.2.1.4. Pharmaceutical
8.2.2.2.1.5. Household & Industrial Cleaning
8.2.2.2.1.6. Others
8.2.2.3. France
8.2.2.3.1. By Application (Value/Volume)
8.2.2.3.1.1. Fertilizers
8.2.2.3.1.2. Textile
8.2.2.3.1.3. Refrigeration
8.2.2.3.1.4. Pharmaceutical
8.2.2.3.1.5. Household & Industrial Cleaning
8.2.2.3.1.6. Others
8.2.2.4. Italy
8.2.2.4.1. By Application (Value/Volume)
8.2.2.4.1.1. Fertilizers
8.2.2.4.1.2. Textile
8.2.2.4.1.3. Refrigeration
8.2.2.4.1.4. Pharmaceutical
8.2.2.4.1.5. Household & Industrial Cleaning
8.2.2.4.1.6. Others
8.2.2.5. Spain
8.2.2.5.1. By Application (Value/Volume)
8.2.2.5.1.1. Fertilizers
8.2.2.5.1.2. Textile
8.2.2.5.1.3. Refrigeration
8.2.2.5.1.4. Pharmaceutical
8.2.2.5.1.5. Household & Industrial Cleaning
8.2.2.5.1.6. Others
8.2.2.6. Rest of Europe
8.2.2.6.1. By Application (Value/Volume)
8.2.2.6.1.1. Fertilizers
8.2.2.6.1.2. Textile
8.2.2.6.1.3. Refrigeration
8.2.2.6.1.4. Pharmaceutical
8.2.2.6.1.5. Household & Industrial Cleaning
8.2.2.6.1.6. Others
9. Asia-Pacific Ammonia Market Analysis, Insights and Forecast, 2017-2028
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Application (Value/Volume)
9.2.1.1. Fertilizers
9.2.1.2. Textile
9.2.1.3. Refrigeration
9.2.1.4. Pharmaceutical
9.2.1.5. Household & Industrial Cleaning
9.2.1.6. Others
9.2.2. By Country (Value/Volume)
9.2.2.1. China
9.2.2.1.1. By Application (Value/Volume)
9.2.2.1.1.1. Fertilizers
9.2.2.1.1.2. Textile
9.2.2.1.1.3. Refrigeration
9.2.2.1.1.4. Pharmaceutical
9.2.2.1.1.5. Household & Industrial Cleaning
9.2.2.1.1.6. Others
9.2.2.2. India
9.2.2.2.1. By Application (Value/Volume)
9.2.2.2.1.1. Fertilizers
9.2.2.2.1.2. Textile
9.2.2.2.1.3. Refrigeration
9.2.2.2.1.4. Pharmaceutical
9.2.2.2.1.5. Household & Industrial Cleaning
9.2.2.2.1.6. Others
9.2.2.3. Japan
9.2.2.3.1. By Application (Value/Volume)
9.2.2.3.1.1. Fertilizers
9.2.2.3.1.2. Textile
9.2.2.3.1.3. Refrigeration
9.2.2.3.1.4. Pharmaceutical
9.2.2.3.1.5. Household & Industrial Cleaning
9.2.2.3.1.6. Others
9.2.2.4. South Korea
9.2.2.4.1. By Application (Value/Volume)
9.2.2.4.1.1. Fertilizers
9.2.2.4.1.2. Textile
9.2.2.4.1.3. Refrigeration
9.2.2.4.1.4. Pharmaceutical
9.2.2.4.1.5. Household & Industrial Cleaning
9.2.2.4.1.6. Others
9.2.2.5. Rest of Asia Pacific
9.2.2.5.1. By Application (Value/Volume)
9.2.2.5.1.1. Fertilizers
9.2.2.5.1.2. Textile
9.2.2.5.1.3. Refrigeration
9.2.2.5.1.4. Pharmaceutical
9.2.2.5.1.5. Household & Industrial Cleaning
9.2.2.5.1.6. Others
10. Latin America Ammonia Market Analysis, Insights and Forecast, 2017-2028
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Application (Value/Volume)
10.2.1.1. Fertilizers
10.2.1.2. Textile
10.2.1.3. Refrigeration
10.2.1.4. Pharmaceutical
10.2.1.5. Household & Industrial Cleaning
10.2.1.6. Others
10.2.2. By Country (Value/Volume)
10.2.2.1. Brazil
10.2.2.1.1. By Application (Value/Volume)
10.2.2.1.1.1. Fertilizers
10.2.2.1.1.2. Textile
10.2.2.1.1.3. Refrigeration
10.2.2.1.1.4. Pharmaceutical
10.2.2.1.1.5. Household & Industrial Cleaning
10.2.2.1.1.6. Others
10.2.2.2. Rest of Latin America
10.2.2.2.1. By Application (Value/Volume)
10.2.2.2.1.1. Fertilizers
10.2.2.2.1.2. Textile
10.2.2.2.1.3. Refrigeration
10.2.2.2.1.4. Pharmaceutical
10.2.2.2.1.5. Household & Industrial Cleaning
10.2.2.2.1.6. Others
11. Middle East & Africa Ammonia Market Analysis, Insights and Forecast, 2017-2028
11.1. Key Findings / Summary
11.2. Market Size Estimates and Forecast
11.2.1. By Application (Value/Volume)
11.2.1.1. Fertilizers
11.2.1.2. Textile
11.2.1.3. Refrigeration
11.2.1.4. Pharmaceutical
11.2.1.5. Household & Industrial Cleaning
11.2.1.6. Others
11.2.2. By Country (Value/Volume)
11.2.2.1. Saudi Arabia
11.2.2.1.1. By Application (Value/Volume)
11.2.2.1.1.1. Fertilizers
11.2.2.1.1.2. Textile
11.2.2.1.1.3. Refrigeration
11.2.2.1.1.4. Pharmaceutical
11.2.2.1.1.5. Household & Industrial Cleaning
11.2.2.1.1.6. Others
11.2.2.2. South Africa
11.2.2.2.1. By Application (Value/Volume)
11.2.2.2.1.1. Fertilizers
11.2.2.2.1.2. Textile
11.2.2.2.1.3. Refrigeration
11.2.2.2.1.4. Pharmaceutical
11.2.2.2.1.5. Household & Industrial Cleaning
11.2.2.2.1.6. Others
11.2.2.3. Rest of Middle East & Africa
11.2.2.3.1. By Application (Value/Volume)
11.2.2.3.1.1. Fertilizers
11.2.2.3.1.2. Textile
11.2.2.3.1.3. Refrigeration
11.2.2.3.1.4. Pharmaceutical
11.2.2.3.1.5. Household & Industrial Cleaning
11.2.2.3.1.6. Others
12. Competitive Analysis
12.1. Business Strategies Adopted by Leading Players
12.2. Global Ammonia Market Revenue Share/Ranking Analysis, By Key Manufacturer
13. Company Profiles
13.1. Yara International ASA (Oslo, Norway)
13.1.1. Overview
13.1.2. Description
13.1.3. Product Portfolio
13.1.4. Financials (As per Availability)
13.1.5. Recent Developments
13.2. BASF Se (Ludwigshafen, Germany)
13.2.1. Overview
13.2.2. Description
13.2.3. Product Portfolio
13.2.4. Financials (As per Availability)
13.2.5. Recent Developments
13.3. CF Industries Holdings, Inc. (Illinois, the U.S.)
13.3.1. Overview
13.3.2. Description
13.3.3. Product Portfolio
13.3.4. Financials (As per Availability)
13.3.5. Recent Developments
13.4. Nutrien Ltd. (Saskatoon, Canada)
13.4.1. Overview
13.4.2. Description
13.4.3. Product Portfolio
13.4.4. Financials (As per Availability)
13.4.5. Recent Developments
13.5. SABIC (Riyadh, Saudi Arabia)
13.5.1. Overview
13.5.2. Description
13.5.3. Product Portfolio
13.5.4. Financials (As per Availability)
13.5.5. Recent Developments
13.6. Qatar Petroleum (Doha, Qatar)
13.6.1. Overview
13.6.2. Description
13.6.3. Product Portfolio
13.6.4. Financials (As per Availability)
13.6.5. Recent Developments
13.7. EuroChem Group (Zug, Switzerland)
13.7.1. Overview
13.7.2. Description
13.7.3. Product Portfolio
13.7.4. Financials (As per Availability)
13.7.5. Recent Developments
13.8. Koch Fertilizer, LLC (Kansas, the U.S.)
13.8.1. Overview
13.8.2. Description
13.8.3. Product Portfolio
13.8.4. Financials (As per Availability)
13.8.5. Recent Developments
13.9. Praxair Technology, Inc. (Connecticut, the U.S.)
13.9.1. Overview
13.9.2. Description
13.9.3. Product Portfolio
13.9.4. Financials (As per Availability)
13.9.5. Recent Developments
13.10. China National Petroleum Corporation (Beijing, China)
13.10.1. Overview
13.10.2. Description
13.10.3. Product Portfolio
13.10.4. Financials (As per Availability)
13.10.5. Recent Developments
13.11. Rashtriya Chemicals and Fertilizers Limited (RCFL) (Mumbai, India)
13.11.1. Overview
13.11.2. Description
13.11.3. Product Portfolio
13.11.4. Financials (As per Availability)
13.11.5. Recent Developments
13.12. Other Key Players
13.12.1. Overview
13.12.2. Description
13.12.3. Product Portfolio
13.12.4. Financials (As per Availability)
13.12.5. Recent Developments
14. Appendix

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