PUBLISHER: IMARC | PRODUCT CODE: 1468604
PUBLISHER: IMARC | PRODUCT CODE: 1468604
Indian Ammonia Market Report by Physical Form (Anhydrous Ammonia, Aqueous Ammonia), End-Use (Urea, Ammonium Phosphate Fertilizers, Industrial, and Others), and States 2024-2032
The Indian ammonia market size reached US$ 5,469.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 5,928.7 Million by 2032.
Ammonia is an inorganic, colorless compound with an unpleasant pungent odor. It is naturally sourced from air, soil, water, plants and animals. The gaseous form of ammonia is compressed into liquid form, which dissolves in water to form ammonium hydroxide and is transported in steel cylinders. Ammonia is commonly used in the manufacturing of ammonium nitrate fertilizers, which discharge nitrogen in the soil to promote growth in farm crops and plants. It is also used in the production of plastics, textiles, explosives, coloring agents, household cleaning products and pesticides. Ammonia can absorb heat from its surroundings and can filter and purify impurities from liquid mediums. As a result, it is widely used as a refrigerant in heating, ventilation and air conditioning (HVAC) systems and as a purifying agent in water treatment plants.
Ammonia Market Trends:
Significant growth in the agriculture industry across India is one of the key factors creating a positive outlook for the market. With the rising population and decreasing arable lands for crop cultivation, there is an increasing demand for efficient nitrogen-rich ammonia-based fertilizers and agrochemicals to ensure optimal food production for the masses. Moreover, the widespread product adoption for the manufacturing of detergents and cleaning products is providing a thrust to the market growth. Ammonia is highly effective in breaking down household grime and removing stains of vegetable oils, fats, cooking grease and wine from tubs, sinks, toilets, countertops and tiles. It also evaporates quickly, thereby facilitating in cleaning glass without leaving any residual streak marks. In line with this, the increasing demand for ammonium nitrate for mining and explosive applications is also contributing to the growth of the market. Other factors, including various product innovations, such as the development of green ammonia through sustainable technologies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Indian ammonia market report, along with forecasts at the country and state level from 2024-2032. Our report has categorized the market based on physical form and end-use.
Breakup by Physical Form:
Anhydrous Ammonia
Aqueous Ammonia
Breakup by End-Use:
Urea
Ammonium Phosphate Fertilizers
Industrial
Others
Breakup by States:
Gujarat
Maharashtra
Rajasthan
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key player being Chambal Fertilizers and Chemicals Ltd., GNFC (Gujarat Narmada Valley Fertilizers and Chemicals), IFFCO (Indian Farmers Fertilizer Cooperative Limited), KRIBHCO (Krishak Bharati Cooperative Limited), NFCL (Nagarjuna Fertilizers and Chemicals Limited), RCFL (Rashtriya Chemicals and Fertilizers Ltd) and Southern Petrochemicals Industries Limited (SPIC).
Key Questions Answered in This Report
- 1. What is the size of ammonia market in India?
- 2. What are the key factors driving the Indian ammonia market?
- 3. What has been the impact of COVID-19 on the Indian ammonia market?
- 4. What is the breakup of the Indian ammonia market based on the physical form?
- 5. What is the breakup of the Indian ammonia market based on the end-use?
- 6. What are the key regions in the Indian ammonia market?
- 7. Who are the key players/companies in the Indian ammonia market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Indian Ammonia Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Physical Form
- 6.1 Anhydrous Ammonia
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Aqueous Ammonia
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End-Use
- 7.1 Urea
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Ammonium Phosphate Fertilizers
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Industrial
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by States
- 8.1 Gujarat
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Maharashtra
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Rajasthan
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
- 12.1 Key Price Indicators
- 12.2 Price Structure
- 12.3 Price Trends
13 Market Drivers and Challenges
14 Government Regulations
15 Trade data
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Chambal Fertilizers and Chemicals Ltd.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Gujarat Narmada Valley Fertilizers and Chemicals (GNFC)
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 Financials
- 16.3.2.4 SWOT Analysis
- 16.3.3 Indian Farmers Fertilizer Cooperative Limited (IFFCO)
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Krishak Bharati Cooperative Limited (KRIBHCO)
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 Nagarjuna Fertilizers and Chemicals Limited (NFCL)
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Rashtriya Chemicals and Fertilizers Ltd (RCFL)
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 Southern Petrochemicals Industries Limited (SPIC)
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 Financials
- 16.3.7.4 SWOT Analysis
- 16.3.1 Chambal Fertilizers and Chemicals Ltd.
List of Figures
- Figure 1: India: Ammonia Market: Major Drivers and Challenges
- Figure 2: India: Ammonia Market: Production Volume (in Million Tons), 2018-2023
- Figure 3: India: Ammonia Market: Sales Value (in Million US$), 2018-2023
- Figure 4: India: Ammonia Market Forecast: Production Volume (in Million Tons), 2024-2032
- Figure 5: India: Ammonia Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 6: India: Ammonia Market: Breakup by Physical Form (in %), 2023
- Figure 7: India: Anhydrous Ammonia Market: Sales Volume (in '000 Tons), 2018 & 2023
- Figure 8: India: Anhydrous Ammonia Market Forecast: Sales Volume (in '000 Tons), 2024-2032
- Figure 9: India: Aqueous Ammonia Market: Sales Volume (in '000 Tons), 2018 & 2023
- Figure 10: India: Aqueous Ammonia Market Forecast: Sales Volume (in '000 Tons), 2024-2032
- Figure 11: India: Ammonia Market: Breakup by End Use (in %), 2023
- Figure 12: India: Ammonia Market (Application in Urea): Sales Volume (in '000 Tons), 2018 & 2023
- Figure 13: India: Ammonia Market Forecast (Application in Urea): Sales Volume (in '000 Tons), 2024-2032
- Figure 14: India: Ammonia Market (Application in Ammonium Phosphate Fertilizers): Sales Volume (in '000 Tons), 2018 & 2023
- Figure 15: India: Ammonia Market Forecast (Application in Ammonium Phosphate Fertilizers): Sales Volume (in '000 Tons), 2024-2032
- Figure 16: India: Ammonia Market (Application in Industrial Segment): Sales Volume (in '000 Tons), 2018 & 2023
- Figure 17: India: Ammonia Market Forecast (Application in Industrial Segment): Sales Volume (in '000 Tons), 2024-2032
- Figure 18: India: Ammonia Market (Other Applications): Sales Volume (in '000 Tons), 2018 & 2023
- Figure 19: India: Ammonia Market Forecast (Other Applications): Sales Volume (in '000 Tons), 2024-2032
- Figure 20: India: Ammonia Market: Breakup by States (in %), 2023
- Figure 21: Gujarat: Ammonia Market: Production Volume (in '000 Tons), 2018 & 2023
- Figure 22: Gujarat: Ammonia Market Forecast: Production Volume (in '000 Tons), 2024-2032
- Figure 23: Maharashtra: Ammonia Market: Production Volume (in '000 Tons), 2018 & 2023
- Figure 24: Maharashtra: Ammonia Market Forecast: Production Volume (in '000 Tons), 2024-2032
- Figure 25: Rajasthan: Ammonia Market: Production Volume (in '000 Tons), 2018 & 2023
- Figure 26: Rajasthan: Ammonia Market Forecast: Production Volume (in '000 Tons), 2024-2032
- Figure 27: Others: Ammonia Market: Production Volume (in '000 Tons), 2018 & 2023
- Figure 28: Others: Ammonia Market Forecast: Production Volume (in '000 Tons), 2024-2032
- Figure 29: India: Ammonia Industry: SWOT Analysis
- Figure 30: India: Ammonia Industry: Value Chain Analysis
- Figure 31: India: Ammonia Industry: Porter's Five Forces Analysis
- Figure 32: Ammonia Market: Price Structure
- Figure 33: India: Ammonia Market: Average Prices (in US$/Ton), 2018-2032
- Figure 34: India: Ammonia Market: Breakup by Key Players (in %)
- Figure 35: Chambal Fertilizers and Chemicals Ltd: SWOT Analysis
- Figure 36: Gujarat Narmada Valley Fertilizers and Chemicals Ltd. (GNFC): SWOT Analysis
- Figure 37: Indian Farmers Fertilizer Cooperative Limited (IFFCO): SWOT Analysis
- Figure 38: Krishak Bharati Cooperative Ltd. (KRIBHCO): SWOT Analysis
- Figure 39: Nagarjuna Fertilizers and Chemicals Ltd. (NFCL): SWOT Analysis
- Figure 40: Rashtriya Chemicals and Fertilizers Limited (RCFL): SWOT Analysis
- Figure 41: Southern Petrochemical Industries Corporation (SPIC): SWOT Analysis
List of Tables
- Table 1: India: Ammonia Market: Key Industry Highlights, 2023 and 2032
- Table 2: India: Ammonia Market Forecast: Breakup by Physical Form (in '000 Tons), 2024-2032
- Table 3: India: Ammonia Market Forecast: Breakup by End-Use (in '000 Tons), 2024-2032
- Table 4: India: Ammonia Market Forecast: Breakup by States (in '000 Tons), 2024-2032
- Table 5: Ammonia Market: Key Price Indicators
- Table 6: India: Ammonia Market: Export Data for Aqueous Ammonia, 2022
- Table 7: India: Ammonia Market: Export Data for Anhydrous Ammonia, 2022
- Table 8: India: Ammonia Market: Import Data for Aqueous Ammonia, 2022
- Table 9: India: Ammonia Market: Import Data for Anhydrous Ammonia, 2022
- Table 10: Global: Ammonia Market: Top Importing Countries by Volume (Tons), 2022
- Table 11: India: Ammonia Market: Competitive Structure
