Global Aqua Ammonia Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
The Aqua Ammonia industry can be broken down into several segments, Industrial Grade Aqua Ammonia, Electronic Grade Aqua Ammonia, etc.
Ammonia solution, also known as ammonia water, ammoniacal liquor, ammonia liquor, aqua ammonia, aqueous ammonia, or ammonia, is a solution of ammonia in water. It can be denoted by the symbols NH3 (aq). It is sometimes thought of as a solution of ammonium hydroxide. Although the name ammonium hydroxide suggests an alkali with composition [NH4+] [OH−], it is actually impossible to isolate samples of NH4OH. The ions NH4+ and OH− do not account for a significant fraction of the total amount of ammonia except in extremely dilute solutions.
Market Overview:The latest research study on the global Aqua Ammonia market finds that the global Aqua Ammonia market reached a value of USD 590.61 million in 2022. It’s expected that the market will achieve USD 731.35 million by 2028, exhibiting a CAGR of 3.63% during the forecast period.
COVID-19 affects the normal operation of the global industrial chain
The global pandemic of COVID-19 has caused widespread shutdowns and shutdowns in various industries, resulting in continuous losses. Similarly, the implementation of disease prevention and control policies has also affected normal logistics and transportation. This has a serious impact on the Aqua Ammonia industry. The delivery of goods depends on the support of logistics transportation. Therefore, we analyze that this will lead to a 2% -3% drop in shipments of the ammonia industry in 2020.
The COVID-19 global pandemic drags down global economic development.
The COVID-19 global pandemic drags down global economic development. This macro negative economic growth trend, except for individual industries related to the epidemic can not be affected, basically no other industry can avoid being dragged. The Aqua Ammonia industry is not an industry that benefits from the epidemic of diseases, so the overall loss of the industry in this environment is unavoidable.
Region Overview:From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:Yara International is one of the major players operating in the Aqua Ammonia market, holding a share of 7.23% in 2023.
Yara International
Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry’s only global crop nutrition company.
Mitsubishi Gas Chemical
The Mitsubishi Gas Chemical Group specializes in developing chemical products ranging from basic chemicals to fine chemicals and performance materials. Mitsubishi Gas Chemical Group seek to be an outstanding chemical company with original technologies and a strong presence in society by using their specialization to create value supporting both the sustained growth of our business and the realization of a prosperous society.
Segmentation Overview:As for product types, the Electronic Grade Aqua Ammonia segment held the largest market share in 2022.
Application Overview:By application, the Agriculture Industry segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Aqua Ammonia market covered in Chapter 3:Thatcher Group
CF Industries
Shandong Hengchang Shengcheng Chemical Industry
Yara International
Anco Chemicals
Gac Chemical Corporation
Malanadu Ammonia
KMG Chemicals
Hydrite Chemical
Mysore Ammonia
LSB Industries
Mitsubishi Gas Chemical
Dyno Nobel
In Chapter 4 and Chapter 14.2, on the basis of types, the Aqua Ammonia market from 2018 to 2029 is primarily split into:Industrial Grade Aqua Ammonia
Electronic Grade Aqua Ammonia
Pharma Grade Aqua Ammonia
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Aqua Ammonia market from 2018 to 2029 covers:Agriculture Industry
Rubber Industry
Leather Industry
Pharmaceutical Industry
Pulp and Paper Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)