Ammonia - Global Strategic Business Report

The global market for Ammonia is estimated at US$80.8 Billion in 2023 and is projected to reach US$127.5 Billion by 2030, growing at a CAGR of 6.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the ammonia market is driven by several factors, including the intensifying global demand for agricultural fertilizers, advancements in technologies for ammonia synthesis, and the evolving role of ammonia in green energy solutions. Enhanced efficiency and reduced carbon footprint in ammonia production are becoming increasingly crucial due to stricter environmental regulations and the shift towards sustainable industrial practices. Innovations such as the electrolysis of water to produce hydrogen using renewable energy sources instead of natural gas, and the subsequent synthesis of green ammonia, are paving the way for cleaner production methods. Additionally, the potential of ammonia as a zero-emission fuel in power generation and marine transport is gaining traction, reflecting broader efforts to decarbonize various sectors.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Liquid Ammonia segment, which is expected to reach US$67.6 Billion by 2030 with a CAGR of a 8.0%. The Ammonia Gas segment is also set to grow at 5.8% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $9.9 Billion in 2023, and China, forecasted to grow at an impressive 8.4% CAGR to reach $33.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Ammonia Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Ammonia Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Ammonia Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as BASF SE, Asahi Kasei Corporation, Air Liquide SA, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 122 Featured):

• BASF SE
• Asahi Kasei Corporation
• Air Liquide SA
• Dakota Gasification Company
• Acron Group
• Airgas, Inc.
• Chemtrade Logistics
• Casale S.A.
• A-Gas International
• BOC Limited
• Air Products Inc.
• Clear Air Energy
• CSBP Limited
• Atmonia
• Euro Tsa S.R.L.