Global Industrial Grade Ammonium Nitrate Market Growth 2023-2029

Global Industrial Grade Ammonium Nitrate Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Industrial Grade Ammonium Nitrate Industry Forecast” looks at past sales and reviews total world Industrial Grade Ammonium Nitrate sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Grade Ammonium Nitrate sales for 2023 through 2029. With Industrial Grade Ammonium Nitrate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Grade Ammonium Nitrate industry.

This Insight Report provides a comprehensive analysis of the global Industrial Grade 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 Industrial Grade Ammonium Nitrate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Grade Ammonium Nitrate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Grade 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 Industrial Grade Ammonium Nitrate.

The global Industrial Grade Ammonium Nitrate market size is projected to grow from US$ 2801.7 million in 2022 to US$ 3108.1 million in 2029; it is expected to grow at a CAGR of 3108.1 from 2023 to 2029.

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%.

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

Market Segmentation:

Segmentation by type
Ammonium Nitrate Solution
Ammonium Nitrate Solid

Segmentation by application
Ammonium Nitrate Fertilizer
Ammonium Nitrate 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 analyzing the company's coverage, product portfolio, its market penetration.
EuroChem
Uralchem
OSTCHEM Holding
Borealis
Acron
Yara
SBU Azot
Incitec Pivot
Minudobreniya(Rossosh)
DFPCL
Xinghua Chemical
Liuzhou Chemical
GESC
Holitech
Jinkai Group
Urals Fertilizer
Shangxi Tianji
Fujian Shaohua Chemical
Sichuan Lutianhua

Key Questions Addressed in this Report

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

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

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

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

How does Industrial Grade Ammonium Nitrate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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