Ammonium Nitrate Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	250 Pages	Fortune Business Insights Pvt. Ltd.	August, 2024	FOB19136271

Best Price Guarantee
Price	from $4,850
Length	250 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	August, 2024
SKU	FOB19136271

Ammonium Nitrate Market

Growth Factors of Ammonium Nitrate Market

The ammonium nitrate market size was valued at USD 31.61 billion in 2023, and the market is now projected to grow from USD 30.76 billion in 2024 to USD 40.69 billion by 2032, exhibiting a CAGR of 3.6% during the forecast period of 2024-2032.

The COVID-19 pandemic brought on significant disruptions in the agriculture industry, leading to reduced manufacturing and consumption of ammonium nitrate. Supply chain interruptions and exertions shortages similarly affected the industry's potential to satisfy demand. These demanding situations had a substantial effect on the ammonium nitrate market. The pandemic highlighted the industry's vulnerability to international disruptions.

Rising demand for ammonium nitrate in fertilizers is about to pressure market boom due to its twin position as a supply of nitrogen and oxygen, vital for plant growth. Its high nitrogen content material enhances performance, promoting healthy foliage and lively boom. Additionally, its affordability and simplicity of manufacturing contribute to accelerated demand in agriculture. These elements are anticipated to enhance the market all through the forecast period.

The defense industry drives huge call for ammonium nitrate as a key factor in high-overall performance explosives and propellants because of its stability and high electricity content material. Its safe garage and versatility make it critical for army applications like munitions and missiles. Ongoing advancements in defense era further boom call for amazing and reliable explosives, maintaining the need for ammonium nitrate formulations. This trend helps continuous market growth.

Comprehensive Analysis of Ammonium Nitrate Market

The ammonium nitrate market growth 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 industry. These segmentations are methodically segregated by application analysis and by end-use analysis. By application analysis in include fertilizers, explosives, and others. By end-use analysis include agriculture, mining, defense, and others.

The Europe region lead the ammonium nitrate market share by benefitting a market size of USD 11.40 billion in 2023 due to its large agricultural sector.

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 players include, Yara International ASA, Orica Ltd, Sigdo Koppers Group, CF Industries Holdings, Inc., Incitec Pivot Ltd Neochim Ad, EuroChem Group AG, OSTCHEM Holding Company, Fertiberia SA, Borealis AG, San Corporation, Deepak Fertilisers and Petrochemicals, CSBP Limited, Uralchem these market players provide a level-playing competitive landscape.

In January 2024, Incitec Pivot Limited's Dyno Nobel partnered with Saudi Chemical Company Limited (SCCL) to develop a 300,000 MTPA technical ammonium nitrate plant in Ras Al-Khair, Saudi Arabia.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 3.6% from 2024 to 2032

Unit Value (USD Billion), Volume (Million Ton)

Segmentation By Application

Fertilizers
Explosives
Others

By End-Use

Agriculture
Mining
Defense
Others

By Region

North America (By Application, By End-Use, By Country)

- U.S. (By End-Use)

- Canada (By End-Use)

Europe (By Application, By End-Use, By Country)

- Germany (By End-Use)

- U.K. (By End-Use)

- France (By End-Use)

- Italy (By End-Use)

- Rest of Europe (By End-Use)

Asia Pacific (By Application, By End-Use, By Country)

- China (By End-Use)

- Japan (By End-Use)

- India (By End-Use)

- South Korea (By End-Use)

- Rest of Asia Pacific (By End-Use)

Rest of the World (By Application, By End-Use, By Country)

- Latin America (By End-Use)

- Middle East & Africa (By End-Use)

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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. Emerging Trends
4. Key Insights: 4.1. Key Emerging Trends – For Major Regions; 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.; 4.3. Latest Technological Advancement; 4.4. Insights on Sustainability; 4.5. Porters Five Forces Analysis; 4.6. Impact of COVID-19 on the Market
5. Global Ammonium Nitrate Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. By Application (Volume/Value); 5.2.1. Fertilizers; 5.2.2. Explosives; 5.2.3. Others; 5.3. By End-Use (Volume/Value); 5.3.1. Agriculture; 5.3.2. Mining; 5.3.3. Defense; 5.3.4. Others; 5.4. By Region (Volume/Value); 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Rest of World
6. North America Ammonium Nitrate Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. By Application (Volume/Value); 6.2.1. Fertilizers; 6.2.2. Explosives; 6.2.3. Others; 6.3. By End-Use (Volume/Value); 6.3.1. Agriculture; 6.3.2. Mining; 6.3.3. Defense; 6.3.4. Others; 6.4. By Country (Volume/Value); 6.4.1. U.S.; 6.4.1.1. By End-Use (Volume/Value); 6.4.1.1.1. Agriculture; 6.4.1.1.2. Mining; 6.4.1.1.3. Defense; 6.4.1.1.4. Others; 6.4.2. Canada; 6.4.2.1. By End-Use (Volume/Value); 6.4.2.1.1. Agriculture; 6.4.2.1.2. Mining; 6.4.2.1.3. Defense; 6.4.2.1.4. Others
7. Europe Ammonium Nitrate Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. By Application (Volume/Value); 7.2.1. Fertilizers; 7.2.2. Explosives; 7.2.3. Others; 7.3. By End-Use (Volume/Value); 7.3.1. Agriculture; 7.3.2. Mining; 7.3.3. Defense; 7.3.4. Others; 7.4. By Country (Volume/Value); 7.4.1. Germany; 7.4.1.1. By End-Use (Volume/Value); 7.4.1.1.1. Agriculture; 7.4.1.1.2. Mining; 7.4.1.1.3. Defense; 7.4.1.1.4. Others; 7.4.2. U.K.; 7.4.2.1. By End-Use (Volume/Value); 7.4.2.1.1. Agriculture; 7.4.2.1.2. Mining; 7.4.2.1.3. Defense; 7.4.2.1.4. Others; 7.4.3. France; 7.4.3.1. By End-Use (Volume/Value); 7.4.3.1.1. Agriculture; 7.4.3.1.2. Mining; 7.4.3.1.3. Defense; 7.4.3.1.4. Others; 7.4.4. Italy; 7.4.4.1. By End-Use (Volume/Value); 7.4.4.1.1. Agriculture; 7.4.4.1.2. Mining; 7.4.4.1.3. Defense; 7.4.4.1.4. Others; 7.4.5. Rest of Europe; 7.4.5.1. By End-Use (Volume/Value); 7.4.5.1.1. Agriculture; 7.4.5.1.2. Mining; 7.4.5.1.3. Defense; 7.4.5.1.4. Others
8. Asia-Pacific Ammonium Nitrate Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. By Application (Volume/Value); 8.2.1. Fertilizers; 8.2.2. Explosives; 8.2.3. Others; 8.3. By End-Use (Volume/Value); 8.3.1. Agriculture; 8.3.2. Mining; 8.3.3. Defense; 8.3.4. Others; 8.4. By Country (Volume/Value); 8.4.1. China; 8.4.1.1. By End-Use (Volume/Value); 8.4.1.1.1. Agriculture; 8.4.1.1.2. Mining; 8.4.1.1.3. Defense; 8.4.1.1.4. Others; 8.4.2. Japan; 8.4.2.1. By End-Use (Volume/Value); 8.4.2.1.1. Agriculture; 8.4.2.1.2. Mining; 8.4.2.1.3. Defense; 8.4.2.1.4. Others; 8.4.3. India; 8.4.3.1. By End-Use (Volume/Value); 8.4.3.1.1. Agriculture; 8.4.3.1.2. Mining; 8.4.3.1.3. Defense; 8.4.3.1.4. Others; 8.4.4. South Korea; 8.4.4.1. By End-Use (Volume/Value); 8.4.4.1.1. Agriculture; 8.4.4.1.2. Mining; 8.4.4.1.3. Defense; 8.4.4.1.4. Others; 8.4.5. Rest of Asia Pacific; 8.4.5.1.; 8.4.5.1.1. Agriculture; 8.4.5.1.2. Mining; 8.4.5.1.3. Defense; 8.4.5.1.4. Others
9. Rest of World Ammonium Nitrate Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. By Application (Volume/Value); 9.2.1. Fertilizers; 9.2.2. Explosives; 9.2.3. Others; 9.3. By End-Use (Volume/Value); 9.3.1. Agriculture; 9.3.2. Mining; 9.3.3. Defense; 9.3.4. Others; 9.4. By Sub-Region (Volume/Value); 9.4.1. Latin America; 9.4.1.1. By End-Use (Volume/Value); 9.4.1.1.1. Agriculture; 9.4.1.1.2. Mining; 9.4.1.1.3. Defense; 9.4.1.1.4. Others; 9.4.2. Middle East & Africa; 9.4.2.1. By End-Use (Volume/Value); 9.4.2.1.1. Agriculture; 9.4.2.1.2. Mining; 9.4.2.1.3. Defense; 9.4.2.1.4. Others
10. Competitive Landscapes: 10.1. Market Share/Ranking Analysis; 10.2. Company Profiles; 10.2.1. Yara International ASA; 10.2.1.1. Overview; 10.2.1.2. Description; 10.2.1.3. Application Portfolio; 10.2.1.4. Financials (As per Availability); 10.2.1.5. Recent Developments; 10.2.2. Orica Ltd; 10.2.2.1. Overview; 10.2.2.2. Description; 10.2.2.3. Application Portfolio; 10.2.2.4. Financials (As per Availability); 10.2.2.5. Recent Developments; 10.2.3. Sigdo Koppers Group; 10.2.3.1. Overview; 10.2.3.2. Description; 10.2.3.3. Application Portfolio; 10.2.3.4. Financials (As per Availability); 10.2.3.5. Recent Developments; 10.2.4. CF Industries Holdings, Inc; 10.2.4.1. Overview; 10.2.4.2. Description; 10.2.4.3. Application Portfolio; 10.2.4.4. Financials (As per Availability); 10.2.4.5. Recent Developments; 10.2.5. Incitec Pivot Ltd; 10.2.5.1. Overview; 10.2.5.2. Description; 10.2.5.3. Application Portfolio; 10.2.5.4. Financials (As per Availability); 10.2.5.5. Recent Developments; 10.2.6. Neochim Ad; 10.2.6.1. Overview; 10.2.6.2. Description; 10.2.6.3. Application Portfolio; 10.2.6.4. Financials (As per Availability); 10.2.6.5. Recent Developments; 10.2.7. EuroChem Group AG; 10.2.7.1. Overview; 10.2.7.2. Description; 10.2.7.3. Application Portfolio; 10.2.7.4. Financials (As per Availability); 10.2.7.5. Recent Developments; 10.2.8. OSTCHEM Holding Company; 10.2.8.1. Overview; 10.2.8.2. Description; 10.2.8.3. Application Portfolio; 10.2.8.4. Financials (As per Availability); 10.2.8.5. Recent Developments; 10.2.9. Fertiberia SA; 10.2.9.1. Overview; 10.2.9.2. Description; 10.2.9.3. Application Portfolio; 10.2.9.4. Financials (As per Availability); 10.2.9.5. Recent Developments; 10.2.10. Borealis AG; 10.2.10.1. Overview; 10.2.10.2. Description; 10.2.10.3. Application Portfolio; 10.2.10.4. Financials (As per Availability); 10.2.10.5. Recent Developments; 10.2.11. San Corporation; 10.2.11.1. Overview; 10.2.11.2. Description; 10.2.11.3. Application Portfolio; 10.2.11.4. Financials (As per Availability); 10.2.11.5. Recent Developments; 10.2.12. Deepak Fertilisers and Petrochemicals; 10.2.12.1. Overview; 10.2.12.2. Description; 10.2.12.3. Application Portfolio; 10.2.12.4. Financials (As per Availability); 10.2.12.5. Recent Developments; 10.2.13. CSBP Limited; 10.2.13.1. Overview; 10.2.13.2. Description; 10.2.13.3. Application Portfolio; 10.2.13.4. Financials (As per Availability); 10.2.13.5. Recent Developments; 10.2.14. Uralchem; 10.2.14.1. Overview; 10.2.14.2. Description; 10.2.14.3. Application Portfolio; 10.2.14.4. Financials (As per Availability); 10.2.14.5. Recent Developments
11. Strategic Recommendations