The global ammonia market is expected to record a value of US$74.61 billion, growing at a CAGR of 5.59%, for the time period of 2021-2025. The factors such as growing demand for nitrogen, growing potentials of green ammonia as marine fuel, increasing demand for urea, increasing use of margarine, expansion of explosive industry and increasing demand for semiconductor would drive the growth of the market. However, the market growth would be challenged by higher initial capital requirements for green ammonia plant infrastructure and health effects of ammonia exposure. A few notable trends may include increasing manufacturing of pharmaceuticals, growing production of low-carbon hydrogen, upsurge in ammonia capacity and rising need for eco-friendly refrigerants.
The global ammonia market is highly competitive in nature and is currently witnessing constant price fluctuations. The industry is marked by the presence of global market players that are investing in the research & development activities for innovating new and developed processes. Owing to this, the adoption of ammonia is highly encouraged across various industries, which is accelerating the growth of the global ammonia market.
The fastest growing regional market was Asia Pacific, due to the massive ammonia production in China, which is likely to ascend in coming years. Additionally, the U.S., one of the among the major producers of ammonia, is likely to expand ammonia capacity in near future, which would also in the in the market growth globally. Further, disruption in the supply chain of raw materials, caused by the COVID-19 crises, resulted in the downfall in ammonia demand, which eventually had a negative impact on its market growth globally.
Scope of the report:
• The report provides a comprehensive analysis of the global ammonia market. • The major regional markets (Asia Pacific, North America and Europe ROW), along with the country coverage of the U.S. have been analyzed. • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth. • The competitive landscape of the market, along with the company profiles of leading players (BASF SE Nutrien, Yara International, Orica, CF Industries and OCI) are also presented in detail.
Key Target Audience:
• Ammonia Manufacturers • Raw Material Suppliers • End Users (Agriculture, Chemical, Transportation, Mining) • Consulting Firms • Investment Banks • Government Bodies & Regulating Authorities
Our reports have been used by over 10K customers, including:
The Southeast Asian fertilizers market is projected to register a CAGR of 4.2% during the forecast period. Due to the shortage of labor and the shutdown of fertilizer plants located in the integrated chemical complexes, shipments were affected in the initial lockdown process. The shortage of fertilizers in countries like Myanmar, which is...
The ammonia market was valued at 174,802.54 kilo metric ton in 2020 and The market is projected to register a CAGR of 2.03% during the forecast period (2021-2026). The COVID-19 outbreak is likely to bring several short-term and long-term consequences in various industries, such as agriculture, textiles, mining, and other end-user industries,...
213 pages •
By Asia Market Information & Development Company
• Jan 2021
China’s demand for Catalysts has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
Poor harvest: Falling wheat production is likely to reduce demand for fertilisers in the current year Abstract Fertiliser & Nitrogen Compound Manufacturing in the UK This industry covers companies that manufacture fertilisers. It also includes companies that manufacture associated nitrogen products;...
The global catalyst fertilizers market was valued at US$ 2,423.32 million in 2019 and is projected to reach US$ 2,992.38 million by 2027; it is expected to grow at a CAGR of 2.8% from 2020 to 2027. Catalysts are essential materials in the industrial production.Approximately 60% of all consumer and industrial products such as fertilizer,...
Fertile soil: A weak Canadian dollar will likely fuel growth in the value of industry exports Abstract Fertilizer Manufacturing in Canada Fertilizer is a natural or manufactured material containing at least 5.0% nitrogen, phosphorous or potassium, and it is used in crops that produce food, animal feed,...
89 pages •
By Infiniti Research Limited
• Aug 2015
About Nitrogenous Fertilizers Nitrogen is an essential requirement in plant proteins. While it is present abundantly in the Earth's atmosphere, several plants are incapable of converting them into a form they can use. Hence nitrogenous fertilizers are used as a substitute and aid in enhancing plant growth rates, and color and texture of...
The last couple of years has witnessed a decline in the value of the Canadian fertilizer industry. Meanwhile, on the other hand, industry volumes have been growing at a strong pace as compared to the market value. Market volume is further expected to grow in the coming years. The year 2013 saw a major shake-up of the global fertilizer...
While the US fertilizer industry grew at strong rates in the last couple of years, since 2013-2014 the market has been witnessing a decline in both value and volume terms. The industry is expected to continue to decline in the near future as well. Nitrogen (N) remained the largest segment of the fertilizer market in 2014 in the United States,...
After the economic recession hit, the global fertilizer industry has only been growing slightly. The industry has not experienced much expansion in both value and volume terms. The coming years also are expected to look pretty much the same, with moderate growth expected in the industry. The year 2013 saw a major shake-up of the global...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.