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PUBLISHER: IMARC | PRODUCT CODE: 1236915
PUBLISHER: IMARC | PRODUCT CODE: 1236915
Ammonia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global ammonia market size reached US$ 75.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 103.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
Ammonia (NH3) refers to a clear, colorless gas with a strong, pungent odor. It is an inorganic compound industrially manufactured using the Haber-Bosch process that involves reacting nitrogen and hydrogen in the presence of a catalyst. It is widely used in the production of nitrogen-based fertilizers, such as urea, ammonium nitrates, ammonium phosphates and ammonium sulfate, to promote proper growth in plants and crops by discharging nitrogen into the soil. Ammonia also finds extensive applications across numerous industries, including agriculture, textile, food and beverage (F&B), pharmaceuticals, water and wastewater treatment, rubber, paper, and chemicals.
Ammonia Market Trends:
- The rising need for agricultural chemicals like fertilizers to improve farm yield and meet the escalating demand for food represents the primary factor driving the growth of the market. Moreover, ammonia can quickly absorb heat from the surroundings, filter impurities, and purify liquid mediums without causing any negative environmental impacts. As a result, ammonia is rapidly gaining traction as a purifying agent in water treatment plants and refrigerant in heating, ventilation and air conditioning (HVAC) systems. Besides this, the growing usage of ammonia to manufacture commercial explosives, such as trinitrotoluene [TNT], nitroglycerin, and nitrocellulose, is augmenting the product demand. Additionally, ammonia is employed as a catalyst to fabricate synthetic resins and for dyeing and scouring silk, cotton and wool. This, in confluence with the rising product utilization in the production of plastics and synthetic fibers, such as nylon and rayon, is catalyzing the market growth. Furthermore, the increasing applications of ammonia in household cleaning agents and various metallurgical processes like the nitriding of alloy sheets to harden their surfaces are accelerating product adoption rates. Other factors, including the expanding agriculture industry, shifting focus toward energy consumption systems, emerging industrial applications, growing population and rapid urbanization, are also creating a positive market outlook.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global ammonia market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on physical form, application and end use industry.
Breakup by Physical Form:
- Liquid
- Powder
- Gas
Breakup by Application:
- MAP and DAP
- Urea
- Nitric Acid
- Ammonium Sulfate
- Ammonium Nitrate
- Others
Breakup by End Use Industry:
- Agrochemical
- Industrial Chemical
- Mining
- Pharmaceutical
- Textiles
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Achema AB, BASF SE, CF Industries Holdings Inc., Koch Industries Inc., Linde plc, Nutrien Ltd, OCI N.V., Orica Limited, PJSC Togliattiazot, Saudi Basic Industries Corporation and Yara International ASA.
Key Questions Answered in This Report:
- 1. What was the size of the global ammonia market in 2022?
- 2. What is the expected growth rate of the global ammonia market during 2023-2028?
- 3. What has been the impact of COVID-19 on the global ammonia market?
- 4. What are the key factors driving the global ammonia market?
- 5. What is the breakup of the global ammonia market based on the physical form?
- 6. What is the breakup of the global ammonia market based on the end use industry?
- 7. What are the key regions in the global ammonia market?
- 8. Who are the key players/companies in the global ammonia market?
Product Code: SR1523A180_Report
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 Global 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 Liquid
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Powder
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Gas
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 MAP and DAP
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Urea
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Nitric Acid
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Ammonium Sulfate
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Ammonium Nitrate
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Agrochemical
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Industrial Chemical
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Mining
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Pharmaceutical
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Textiles
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Achema AB
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 BASF SE
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 CF Industries Holdings Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Koch Industries Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 SWOT Analysis
- 14.3.5 Linde plc
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Nutrien Ltd
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 OCI N.V.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Orica Limited
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 PJSC Togliattiazot
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Saudi Basic Industries Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Yara International ASA
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.1 Achema AB
Product Code: SR1523A180_Report
List of Figures
- Figure 1: Global: Ammonia Market: Major Drivers and Challenges
- Figure 2: Global: Ammonia Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Ammonia Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Ammonia Market: Breakup by Physical Form (in %), 2022
- Figure 5: Global: Ammonia Market: Breakup by Application (in %), 2022
- Figure 6: Global: Ammonia Market: Breakup by End Use Industry (in %), 2022
- Figure 7: Global: Ammonia Market: Breakup by Region (in %), 2022
- Figure 8: Global: Ammonia (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Ammonia (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Ammonia (Powder) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Ammonia (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Ammonia (Gas) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Ammonia (Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Ammonia (MAP and DAP) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Ammonia (MAP and DAP) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Ammonia (Urea) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Ammonia (Urea) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Ammonia (Nitric Acid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Ammonia (Nitric Acid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Ammonia (Ammonium Sulfate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Ammonia (Ammonium Sulfate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Ammonia (Ammonium Nitrate) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Ammonia (Ammonium Nitrate) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Ammonia (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Ammonia (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Ammonia (Agrochemical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Ammonia (Agrochemical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Ammonia (Industrial Chemical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Ammonia (Industrial Chemical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Ammonia (Mining) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Ammonia (Mining) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Ammonia (Pharmaceutical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Ammonia (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Ammonia (Textiles) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Ammonia (Textiles) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Ammonia (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Ammonia (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: North America: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: North America: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: United States: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: United States: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Canada: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Canada: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Asia-Pacific: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Asia-Pacific: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: China: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: China: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Japan: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Japan: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: India: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: India: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: South Korea: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: South Korea: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Australia: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Australia: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Indonesia: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Indonesia: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Europe: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Europe: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Germany: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Germany: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: France: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: France: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: United Kingdom: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: United Kingdom: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Italy: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Italy: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Spain: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Spain: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Russia: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Russia: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Latin America: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Latin America: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Brazil: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Brazil: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Mexico: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Mexico: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Others: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Others: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Middle East and Africa: Ammonia Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Middle East and Africa: Ammonia Market: Breakup by Country (in %), 2022
- Figure 86: Middle East and Africa: Ammonia Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Global: Ammonia Industry: SWOT Analysis
- Figure 88: Global: Ammonia Industry: Value Chain Analysis
- Figure 89: Global: Ammonia Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Ammonia Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Ammonia Market Forecast: Breakup by Physical Form (in Million US$), 2023-2028
- Table 3: Global: Ammonia Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Ammonia Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 5: Global: Ammonia Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Ammonia Market: Competitive Structure
- Table 7: Global: Ammonia Market: Key Players
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