Ammonia Market Report: Trends, Forecast and Competitive Analysis to 2030

Ammonia Market Report: Trends, Forecast and Competitive Analysis to 2030

Ammonia Trends and Forecast

The future of the global ammonia market looks promising with opportunities in the agriculture, textiles, mining, pharmaceutical, and refrigeration markets. The global ammonia market is expected to reach an estimated $106.9 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are significantly expanding agricultural activity, higher adaption in the fertilizer industry and increasing usage to develop explosives.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Ammonia by Segment

The study includes a forecast for the global ammonia by type, end use, and region.

Ammonia Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Liquid
• Powder
• Gas

Ammonia Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Agriculture
• Textiles
• Mining
• Pharmaceutical
• Refrigeration
• Others

Ammonia Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ammonia Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ammonia companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ammonia companies profiled in this report include-

• Acron
• Koch Fertilizer
• Yara
• CF Industries Holdings
• Nutrien
• Qatar Fertiliser Company
• Togliattiazot

Ammonia Market Insights

Lucintel forecasts that liquid will remain the largest segment over the forecast period due to its wide spread usage in the residential and commercial cleaning as well as fertilizer applications.

Within this market, agriculture will remain the largest segment as ammonia helps in increasing crop health and maintaining soil fertility.

APAC will remain the largest segment over the forecast period due to increasing demand of agricultutal food and rising demand from fertilizer industry in China and India.

Features of the Global Ammonia Market

Market Size Estimates: Ammonia market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Ammonia market size by type, end use, and region in terms of value ($B).

Regional Analysis: Ammonia market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the ammonia market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ammonia market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the ammonia market size?

Answer: The global ammonia market is expected to reach an estimated $106.9 billion by 2030.

Q2. What is the growth forecast for ammonia market?

Answer: The global ammonia market is expected to grow with a CAGR of 5.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the ammonia market?

Answer: The major drivers for this market are significantly expanding agricultural activity, higher adaption in the fertilizer industry and increasing usage to develop explosives.

Q4. What are the major segments for ammonia market?

Answer: The future of the ammonia market looks promising with opportunities in the agriculture, textiles, mining, pharmaceutical, and refrigeration markets.

Q5. Who are the key ammonia market companies?

Answer: Some of the key ammonia companies are as follows:

• Acron
• Koch Fertilizer
• Yara
• CF Industries Holdings
• Nutrien
• Qatar Fertiliser Company
• Togliattiazot

Q6. Which ammonia market segment will be the largest in future?

Answer: Lucintel forecasts that liquid will remain the largest segment over the forecast period due to its wide spread usage in the residential and commercial cleaning as well as fertilizer applications.

Q7. In ammonia market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest segment over the forecast period due to increasing demand of agricultutal food and rising demand from fertilizer industry in China and India.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the ammonia market by type (liquid, powder, and gas), end use (agriculture, textiles, mining, pharmaceutical, refrigeration, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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