Press Resease

Ammonia Market - Global Industry Analysis

Ammonia Market - By Product Form (Liquid, Powder, and Gas), By Application (Fertilizers, Textile, Refrigerants, and Pharmaceuticals), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 11-Nov-2021 Category: Chemical & Materials Report Format : PDF Pages: 177 Report Code: ZMR-6821 Status : Published

The global Ammonia Market accrued earnings worth approximately 55.4 (USD Billion) in 2020 and is predicted to gain revenue of about 89.4 (USD Billion) by 2028, is set to record a CAGR of nearly 5.8% over the period from 2021 to 2028.

Description

The global Ammonia Market accrued earnings worth approximately 55.4 (USD Billion) in 2020 and is predicted to gain revenue of about 89.4 (USD Billion) by 2028, is set to record a CAGR of nearly 5.8% over the period from 2021 to 2028. The report offers assessment and analysis of the Ammonia Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Ammonia Market: Overview

Ammonia is a compound comprising of a single nitrogen atom that is bonded covalently to three hydrogen atoms. Moreover, the inorganic chemical compound can also be produced naturally through breaking down of organic substances and bacterial methods. Furthermore, it is utilized as fertilizer as well as refrigerant and finds myriad applications in industrial processes. Apart from this, ammonia is in form of colorless gas as well as compressed liquid form. It has pungent smell and dissolves in water to form ammonium hydroxide solution which is utilized as sanitizer as well as cleansing agents in homes as well as industrial premises.

Ammonia Market: Growth Drivers

Escalating demand for ammonia in farming industry and rise in use of explosives is predicted to create lucrative growth avenues for ammonia industry. For the record, nearly 81% of ammonia is utilized as fertilizer for increasing food yield to fulfill food requirements of rapidly surging population. Reportedly, production of crops for food reduces nutrient value of soil and hence ammonia is used by farmers as fertilizer for enhancing fertility of soil, thereby increasing food yield. Nonetheless, harmful effects of ammonia in concentrated form are predicted to adversely impact growth ammonia market.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Moreover, massive use of ammonia in textiles and pharmaceuticals will enlarge scope of growth of ammonia market in upcoming years. Apart from this, ammonia is also used in food & beverages, wastewater treatment, metallurgical procedures, pulp & paper production, leather manufacturing, and rubber production. This, in turn, will contribute assiduously towards expansion of ammonia market in next couple of years. Nevertheless, low costs, low energy consumption, and effective heat transferring features of ammonia have enhanced its popularity as a refrigerant in various industries.

Regional Landscape

Asia Pacific Ammonia Market To Retain Leading Position Over Next Seven Years

Growth of ammonia market in Asia Pacific zone over forecast timeline is subject to massive demand for product from pharmaceutical industry in countries such as India and China. Additionally, increase in production capacity of manufacturing units in countries such as India, China, and Indonesia will intensify growth of regional market. With farming being major occupation of people in Asia, the ammonia market is likely to witness rapid growth in Asia Pacific region over coming years.

Competitive Landscape

Key players lucratively impacting growth of ammonia market and included in our report are Huaqiang Chem Group; Yara International; China Petroleum & Chemical Corporation; Shanxi Jinfeng Coal Chem; CF Industries Holdings, Inc.; BASF SE; PotashCorp; Rashtriya Chemicals & Fertilizers Ltd.; and China National Petroleum Corporation.

The global Ammonia Market is segmented as follows:

By Product Form

  • Gas
  • Liquid
  • Powder

By Application

  • Fertilizers
  • Pharmaceuticals
  • Textile
  • Refrigerants  

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. AmmoniaMarket, 2018–2028(USD Billion)
    • 2.2. AmmoniaMarket: Snapshot
  • Chapter 3. Global AmmoniaMarket– Industry Analysis
    • 3.1. AmmoniaMarket: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Low costs, less power consumption, and proficient heat transferring features of ammonia have increased its popularity as a refrigerant in various industries, thereby driving market trends.
      • 3.2.2. Ammonia finds spectrum of applications in food & beverages processing, wastewater treatment, pulp & paper production, metallurgical procedures, leather manufacturing, and rubber production. This is likely to contribute remarkably towards ammonia market value in near future.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Product Form
      • 3.4.2. Market attractiveness analysis By Application
  • Chapter 4. Global AmmoniaMarket– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global AmmoniaMarket: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Service launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global AmmoniaMarket– Product Form Analysis
    • 5.1. Global Ammonia Market overview: By Product Form
      • 5.1.1. Global Ammonia Market share, By Product Form, 2020 and 2028
    • 5.2. Gas
      • 5.2.1. Global Ammonia Market by Gas, 2018–2028(USD Billion)
    • 5.3. Liquid
      • 5.3.1. Global Ammonia Market by Liquid, 2018–2028(USD Billion)
    • 5.4. Powder
      • 5.4.1. Global Ammonia Market by Powder, 2018–2028(USD Billion)
  • Chapter 6. Global Ammonia Market overview: By Application
    • 6.1.1. Global Ammonia Market share, By Application, 2020 and 2028
    • 6.2. Fertilizers
      • 6.2.1. Global Ammonia Market by Fertilizers , 2018–2028(USD Billion)
    • 6.3. Pharmaceuticals
      • 6.3.1. Global Ammonia Market by Pharmaceuticals, 2018–2028(USD Billion)
    • 6.4. Textile
      • 6.4.1. Global Ammonia Market by Textile, 2018–2028(USD Billion)
    • 6.5. Refrigerants
      • 6.5.1. Global Ammonia Market by Refrigerants, 2018–2028(USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. Huaqiang Chem Group
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfulio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Yara International
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfulio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. China Petruleum & Chemical Corporation
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfulio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Development
    • 7.4. Shanxi Jinfeng Coal Chem
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfulio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Development
    • 7.5. CF Industries Huldings, Inc.
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfulio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. BASF SE
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfulio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. PotashCorp
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfulio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Rashtriya Chemicals & Fertilizers Ltd.
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfulio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. China National Petruleum Corporation
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfulio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global AmmoniaMarket, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global AmmoniaMarketattractiveness, By Product Form
6. Global AmmoniaMarketattractiveness, By Application
7. Global AmmoniaMarketshare by Product Form ,2020 and 2028 (USD Billion)
8. Global AmmoniaMarketby Gas, 2018–2028(USD Billion)
9. Global AmmoniaMarketby Liquid, 2018–2028(USD Billion)
10. Global AmmoniaMarketby Powder, 2018–2028(USD Billion)
11. Global AmmoniaMarketshare by Application ,2020 and 2028 (USD Billion)
12. Global AmmoniaMarketby Fertilizers,  2018–2028(USD Billion)
13. Global AmmoniaMarketby Pharmaceuticals, 2018–2028(USD Billion)
14. Global AmmoniaMarketby Textile, 2018–2028(USD Billion)
15. Global AmmoniaMarketby Refrigerants, 2018–2028(USD Billion)
16. Global AmmoniaMarketshare, by Region, 2020 and 2028
17. North America AmmoniaMarket, 2018–2028(USD Billion)
18. Europe AmmoniaMarket, 2018–2028(USD Billion)
19. Asia Pacific AmmoniaMarket, 2018–2028(USD Billion)
20. Latin America AmmoniaMarket, 2018–2028(USD Billion)
21. The Middle East and Africa AmmoniaMarket, 2018–2028(USD Billion)
 


List of Tables

1. Global AmmoniaMarket: snapshot
2. Drivers of the AmmoniaMarket: impact analysis
3. North America Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
4. North America Ammonia Market revenue, By Application ,2018–2028(USD Billion)
5. The U.S. Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
6. The U.S. Ammonia Market revenue, By Application ,2018–2028(USD Billion)
7. Rest of North America Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
8. Rest of North America Ammonia Market revenue, By Application ,2018–2028(USD Billion)
9. Europe Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
10. Europe Ammonia Market revenue, By Application ,2018–2028(USD Billion)
11. UK Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
12. UK Ammonia Market revenue, By Application ,2018–2028(USD Billion)
13. France Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
14. France Ammonia Market revenue, By Application ,2018–2028(USD Billion)
15. Germany Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
16. Germany Ammonia Market revenue, By Application ,2018–2028(USD Billion)
17. Rest of Europe Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
18. Rest of Europe Ammonia Market revenue, By Application ,2018–2028(USD Billion)
19. Asia Pacific Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
20. Asia Pacific Ammonia Market revenue, By Application ,2018–2028(USD Billion)
21. China Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
22. China Ammonia Market revenue, By Application ,2018–2028(USD Billion)
23. Japan Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
24. Japan Ammonia Market revenue, By Application ,2018–2028(USD Billion)
25. India Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
26. India Ammonia Market revenue, By Application ,2018–2028(USD Billion)
27. Rest of Asia Pacific Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
28. Rest of Asia Pacific Ammonia Market revenue, By Application ,2018–2028(USD Billion)
29. Latin America Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
30. Latin America Ammonia Market revenue, By Application ,2018–2028(USD Billion)
31. Brazil Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
32. Brazil Ammonia Market revenue, By Application ,2018–2028(USD Billion)
33. Rest of Latin America Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
34. Rest of Latin  America Ammonia Market revenue, By Application ,2018–2028(USD Billion)
35. The Middle East and Africa Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
36. The Middle East and Africa Ammonia Market revenue, By Application ,2018–2028(USD Billion)
37. Saudi Arabia Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
38. Saudi Arabia Ammonia Market revenue, By Application ,2018–2028(USD Billion)
39. South Africa Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
40. South Africa Ammonia Market revenue, By Application ,2018–2028(USD Billion)
41. Rest of the Middle East & Africa Ammonia Market revenue, By Product Form  ,2018–2028(USD Billion)
42. Rest of the Middle East & Africa Ammonia Market revenue, By Application ,2018–2028(USD Billion)

 


 

Methodology

Choose License Type

Request the coronavirus impact analysis across industries and markets

FrequentlyAsked Questions

Escalating demand for ammonia in farming industry and rise in use of explosives is predicted to create lucrative growth avenues for ammonia industry. For the record, nearly 81% of ammonia is utilized as fertilizer for increasing food yield to fulfill food requirements of rapidly surging population. Reportedly, production of crops for food reduces nutrient value of soil and hence ammonia is used by farmers as fertilizer for enhancing fertility of soil, thereby increasing food yield. Moreover, massive use of ammonia in textiles and pharmaceuticals will enlarge scope of growth of ammonia market in upcoming years. Apart from this, ammonia is also used in food & beverages, wastewater treatment, metallurgical procedures, pulp & paper production, leather manufacturing, and rubber production. This, in turn, will contribute assiduously towards expansion of ammonia market in next couple of years.  

According to Zion market research report, The global Ammonia Market accrued earnings worth approximately 55.4 (USD Billion) in 2020 and is predicted to gain revenue of about 89.4 (USD Billion) by 2028, is set to record a CAGR of nearly 5.8% over the period from 2021 to 2028.

Asia Pacific will contribute lucratively towards the regional market size over the estimated timeline. The regional market surge is owing to massive demand for product from pharmaceutical industry in countries such as India and China. Additionally, increase in production capacity of manufacturing units in countries such as India, China, and Indonesia will intensify growth of regional market. With farming being major occupation of people in Asia, the ammonia market is likely to witness rapid growth in Asia Pacific region over coming years.

The key market participants include Huaqiang Chem Group; Yara International; China Petroleum & Chemical Corporation; Shanxi Jinfeng Coal Chem; CF Industries Holdings, Inc.; BASF SE; PotashCorp; Rashtriya Chemicals & Fertilizers Ltd.; and China National Petroleum Corporation

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed