Global Ammonium Nitrate Market Growth 2025-2031

Global Ammonium Nitrate Market Growth 2025-2031

The global Ammonium Nitrate market size is predicted to grow from US$ 5307 million in 2025 to US$ 6494 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

Ammonium Nitrate is a chemical compound with the formula NH4NO3. It is composed of nitric acid and salt of ammonia. In room temperature, ammonium nitrate appears in a white crystalline form and it is also colorless. These crystals are rhombohedra in shape but when they are subjected to temperatures above 32 degrees Celsius, they change to monoclinic crystals.

Global key players of Ammonium Nitrate include EuroChem, CF Industries, Uralchem, Acron and Ostchem Holding, etc. Top five players occupy for a share about 45%. Europe is the largest market, with a share about 33%, followed by China and North America. In terms of product, Ammonium Nitrate Solid is the largest segment, with a share over 66%. In terms of application, Industrial Explosive is the largest market, with a share over 56%.

LP Information, Inc. (LPI) ' newest research report, the “Ammonium Nitrate Industry Forecast” looks at past sales and reviews total world Ammonium Nitrate sales in 2024, providing a comprehensive analysis by region and market sector of projected Ammonium Nitrate sales for 2025 through 2031. With Ammonium Nitrate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ammonium Nitrate industry.

This Insight Report provides a comprehensive analysis of the global Ammonium Nitrate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ammonium Nitrate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ammonium Nitrate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ammonium Nitrate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ammonium Nitrate.

This report presents a comprehensive overview, market shares, and growth opportunities of Ammonium Nitrate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Ammonium Nitrate Solution
Ammonium Nitrate Solid

Segmentation by Application:
Nitrogenous Fertilizer
Industrial Explosive
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
EuroChem
Uralchem
OSTCHEM Holding
Borealis
Acron
Yara
SBU Azot
Incitec Pivot
Zaklady
Orica
CF Industries
CSBP
Enaex
KuibyshevAzot
Minudobreniya(Rossosh)
DFPCL
Xinghua Chemical
Liuzhou Chemical
Jiehua Chemical
GESC
Holitech
Jinkai Group
Urals Fertilizer
Sichun Chemical
Shangxi Tianji
Fujian Shaohua
Sichuan Lutianhua
Sasol
Yunnan Jiehua
Shanxi Tianji

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ammonium Nitrate market?

What factors are driving Ammonium Nitrate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ammonium Nitrate market opportunities vary by end market size?

How does Ammonium Nitrate break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.