Australia Ammonia Market Size– By Product Type, By End User, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Australia Ammonia Market Introduction and Overview
According to SPER market research, ‘Australia Ammonia Market Size – By Product Type, By End-Use, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Australia Ammonia Market is predicted to reach USD 1154.57 million by 2033 with CAGR of 7.29%.
Equation NH3, or ammonia, is one of the most common chemicals containing nitrogen. Colourless and odorous, it is a naturally occurring gas found in soil, plants, animals, and the air. It is also present in humans. When the human body breaks down food, particularly protein, into amino acids and then turns that ammonia into urea, ammonia synthesis results. Referred to as ammonium hydroxide, household ammonia is a common chemical used in cleaning solutions to remove stains, including oil from frying.
The production, distribution, and transit of ammonia were all impacted by the Covid-19 pandemic’s disruption of international supply systems. This can affect ammonia’s accessibility in the Australian market. Several industries that are major users of ammonia, such as manufacturing and agriculture, saw a decline in activity during lockdowns and recessions. This might have resulted in a decline in the market for ammonia. Commodity prices and trade were impacted by the pandemic’s effects on the world economy.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product Type, By End-Use, By Application
Regions covered New South Wales, Queensland, Victoria, Western Australia, Rest of Australia
Companies CoveredIncitec Pivot Limited, Yara International ASA, Orica Limited, and Wesfarmers Chemicals, Energy & Fertilisers and various others.
Australia Ammonia Market Key Segments CoveredBy Product Type:Based on the Product Type, Australia Ammonia Market is segmented as; Anhydrous Ammonia, Aqueous Ammonia.
By End-use:Based on the End-use, Australia Ammonia Market is segmented as; Ammonium Nitrate, Nitric Acid, Ammonium Sulphate, Urea, Diammonium Phosphate (DAP), Mono Ammonium Phosphate (MAP), Others.
By Application:Based on the Application, Australia Ammonia Market is segmented as; Agrochemicals, Industrial Chemicals, Explosives, Others.
By Region:This research also includes data for New South Wales, Queensland, Victoria, Western Australia and Rest of Australia.