Ammonia Global Market Report 2026

Ammonia, a colorless gas composed of hydrogen and nitrogen, has diverse applications, ranging from refrigeration and water purification to the production of various chemicals. In the agricultural sector, ammonia serves as a fertilizer, supporting plant growth by providing essential nitrogen.

In the ammonia market, products are categorized into anhydrous ammonia and aqueous ammonia. Anhydrous ammonia, devoid of water, stands out as a cost-effective nitrogen fertilizer widely used in agriculture. It is available in various forms such as liquid, gas, and powder, finding applications in fertilizers, chemicals, refrigeration, pharmaceuticals, fibers and plastics, pulp and paper, among others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the ammonia market by increasing costs of imported catalysts, processing equipment, storage tanks, and transportation infrastructure components. Fertilizer producers and chemical manufacturers in North America and Europe are most affected due to reliance on imported industrial equipment, while Asia-Pacific faces pricing pressure on export-oriented ammonia production. These tariffs are impacting production economics and trade flows. However, they are also supporting domestic capacity expansion, regional supply chain development, and investment in sustainable ammonia production technologies.

The ammonia market research report is one of a series of new reports from The Business Research Company that provides ammonia market statistics, including ammonia industry global market size, regional shares, competitors with a ammonia market share, detailed ammonia market segments, market trends and opportunities, and any further data you may need to thrive in the ammonia industry. This ammonia market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ammonia market size has grown strongly in recent years. It will grow from $85 billion in 2025 to $91.13 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to expansion of global fertilizer demand, growth of chemical manufacturing industries, increasing use of ammonia in refrigeration, availability of natural gas feedstock, expansion of industrial infrastructure.

The ammonia market size is expected to see strong growth in the next few years. It will grow to $119.52 billion in 2030 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increasing investments in green hydrogen integration, rising demand for low-carbon fertilizers, expansion of ammonia-based energy applications, growing focus on sustainable chemical production, increasing adoption in emerging industrial economies. Major trends in the forecast period include increasing adoption of green and blue ammonia production, rising demand from fertilizer manufacturing, growing use in industrial refrigeration systems, expansion of ammonia as an energy carrier, enhanced focus on low-emission production processes.

The growth of the fertilizer industry is supporting the expansion of the ammonia market. Ammonia is used to produce ammonium nitrate fertilizer, which provides nitrogen, a vital nutrient for plant growth, including crops and lawns. The rapid expansion of the fertilizer industry is expected to increase ammonia demand, as it is a key component in fertilizer production. For example, in September 2024, The Agricultural Industries Confederation, a UK-based trade association representing the agri-supply industry, reported that in England and Wales, 687 thousand tonnes of nitrogen were used in 2022, rising to 692 thousand tonnes in 2023. Consequently, the growth of the fertilizer industry is driving the ammonia market.

Major companies in the ammonia market are concentrating on developing advanced biomass-balanced products to address the increasing demand for eco-friendly agricultural solutions. Biomass-balanced products function as fertilizers and chemicals, providing a more sustainable alternative to traditional methods. They often come with certifications that emphasize their environmentally friendly qualities, helping consumers and businesses make informed choices that support a circular economy. For example, in May 2024, BASF SE, a Germany-based chemical company, introduced several products, including ammonia anhydrous BMBcert, ammonia solution 24.5% BMBcert, urea powder BMBcert, and urea solutions (40% and 45%) BMBcert. BASF's Ammonia Anhydrous BMBcert is an ISCC PLUS-certified biomass-balanced product that significantly cuts emissions and bolsters sustainability initiatives. The ammonia solution 24.5% BMBcert features a lower carbon footprint due to its biomass-balanced formulation. Urea Prills BMBcert aids customers in reducing scope 3 emissions, while the Urea Solutions (40% and 45%) offer effective biomass-balanced options to help achieve sustainability objectives and minimize overall carbon impact.

In September 2023, EnBW, a German energy company, completed the acquisition of a 10% equity stake in the Skipavika Green Ammonia (SkiGA) project for an undisclosed amount. Through this acquisition, EnBW secures long-term offtake rights on the produced ammonia. The Skipavika Green Ammonia (SkiGA) initiative, based in Norway, focuses on sustainable and environmentally friendly ammonia production utilizing green and renewable resources. This strategic partnership reflects a commitment to environmentally conscious practices and contributes to the emerging market for sustainable ammonia.

Major companies operating in the ammonia market are Yara International ASA, BASF SE, CF Industries Holdings Inc., Nutrien Ltd., OCI Nitrogen, EuroChem Group, Koch Fertilizer LLC, Rashtriya Chemicals and Fertilizers Ltd., Qatar Fertiliser Company, Mitsubishi Gas Chemical Co. Inc., Uralchem JSC, Acron Group, Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Agrium Europe S.A., Fauji Fertilizer Company Limited, National Fertilizers Limited, Pupuk Kaltim, Sinochem Group, Evonik Industries AG, Orica Limited, Dyno Nobel

Asia-pacific was the largest region in the ammonia market in 2025 and is expected to be the fastest-growing region in the forecast period. The regions covered in the ammonia market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the ammonia market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The ammonia market consists of sales of ammonia in the form of liquid, gas and powder. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Ammonia Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses ammonia market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for ammonia ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The ammonia market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Type: Anhydrous Ammonia; Aqueous Ammonia
• 2) By Form Type: Liquid; Gas
• 3) By Application Type: Fertilizers; Chemicals; Refrigeration; Pharmaceutical; Fibers and Plastics; Pulp and Papers; Other Application Types
• Subsegments:
• 1) By Anhydrous Ammonia: Industrial Grade Anhydrous Ammonia; Agricultural Grade Anhydrous Ammonia
• 2) By Aqueous Ammonia: Low-Concentration Aqueous Ammonia; High-Concentration Aqueous Ammonia
• Companies Mentioned: Yara International ASA; BASF SE; CF Industries Holdings Inc.; Nutrien Ltd.; OCI Nitrogen; EuroChem Group; Koch Fertilizer LLC; Rashtriya Chemicals and Fertilizers Ltd.; Qatar Fertiliser Company; Mitsubishi Gas Chemical Co. Inc.; Uralchem JSC; Acron Group; Gujarat Narmada Valley Fertilizers & Chemicals Ltd.; Agrium Europe S.A.; Fauji Fertilizer Company Limited; National Fertilizers Limited; Pupuk Kaltim; Sinochem Group; Evonik Industries AG; Orica Limited; Dyno Nobel
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
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