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Ammonia Market Size, Share & Trends Analysis Report By Product Form (Aqueous, Anhydrous), By Application (Fertilizers, Refrigerants, Pharmaceuticals, Textile), By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 80 Pages
  • May 2023
  • Region: Global
  • Grand View Research
  • ID: 5830940
Description Jump to:
The global ammonia market size is expected to reach USD 313.2 billion by 2030,. The market is expected to expand at a CAGR of 5.4% from 2023 to 2030. The growth is majorly driven by rising consumption of ammonia in fertilizers and refrigerants.

As the population of major countries around the world is projected to increase significantly, the demand for food will continue to rise, putting pressure on farmers to adopt more efficient methods of production. Ammonia-based nitrogenous fertilizers are poised to benefit from this trend as they offer increased yield, effective crop protection, and enhanced production cycles, making them a valuable tool for farmers facing the challenge of ensuring food security for an ever-rising global population.

NH3 is commonly used in large-scale refrigeration plants and is available in various forms such as liquid and gas. The advantage of using NH3 in refrigeration systems is that it costs 10-20% to produce compared to systems that use CFCs. In addition, according to the International Institute of Ammonia Refrigeration, ammonia is an efficient and cost-effective alternative to HFCs and CFCs and considered safe for the environment. Moreover, as per the U. S. Environment Protection Agency, the Global Warming Potential and the Potential of Ozone Depletion rating is almost null for NH3-based refrigerants.

Companies are more inclined toward producing sustainable/green NH3 as it has the potential to be a key component of a more sustainable, low-carbon energy system, as it can be used as a renewable fuel for transportation and power generation, as well as a zero-carbon feedstock for the production of fertilizers and other chemicals.

Moreover, companies like Yara International are focusing on developing sustainable product with the help of green hydrogen along with the production of conventional product. Moreover, the company is actively involved in cooperation with Statkraft & Aker Clean Hydrogen, with a goal of decarbonizing Yara’s NH3 plant by eliminating 800 kilotons of annual CO2 emissions.

Ammonia Market Report Highlights

  • The anhydrous dominated the market and accounted for revenue share of 60.1% in 2022. It is projected to expand at a highest growth rate of 5.8% from 2023 to 2030 owing to its ease of handling and abundant availability for the farmers
  • The anhydrous form of product-based fertilizer is widely used in agriculture due to its high nitrogen content of 82%. However, it is more effective in warmer climates compared to cooler climates
  • The fertilizers application segment of ammonia is anticipated to expand at a CAGR of 5.6% from 2023 to 2030 by revenue owing to the increasing adoption of ammonia-based fertilizers by farmers across the globe
  • Asia Pacific is projected to reflect the fastest volumetric CAGR of 5.8% over the forecast period. This is attributed to large number of agrarian countries, including Thailand, Japan, India, Indonesia, and the Philippines, among other major agricultural-based economies

Table of Contents

Chapter 1 Methodology And Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Information Analysis
1.3.2 Market Formulation & Data Visualization
1.3.3 Data Validation & Publishing
1.4 Research Scope And Assumptions
1.4.1 List To Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Ammonia Market Variables And Trends
3.1 Market Lineage Outlook
3.1.1 Global Ammonia Market Outlook
3.2 Industry Value Chain Analysis
3.2.1 Raw Material Trends
3.2.2 Manufacturing/Technology Trends
3.2.3 Sales Channel Analysis
3.3 Price Trend Analysis, 2018 - 2030
3.3.1 Factors Influencing Prices
3.4. Regulatory Framework
3.5 Impact of Eastern European Geopolitical Conflict
3.6 Market Dynamics
3.6.1 Market Driver Analysis
3.6.2 Market Restraint Analysis
3.6.3 Industry Challenges An alysis
3.6.4 Industry Opportunities Analysis
3.7 Industry Analysis Tools
3.7.1 Porter’s Analysis
3.7.2 Macroeconomic Analysis-PESTLE
Chapter 4 Ammonia Market: Suppliers Portfolio Analysis
4.1 List Of Raw Material Suppliers
4.2 Portfolio Analysis/Kraljic Matrix
4.3 Engagement Model
4.4 List of Raw Material Suppliers
4.5 Negotiation Strategies
4.6 Sourcing Best Practices
Chapter 5 Ammonia Market: Product Form Estimates & Trend Analysis
5.1 Product Movement Analysis & Market Share, 2022 & 2030
5.2 Ammonia Market Estimates & Forecast, By Product Form (Kilotons) (USD Million)
5.2.1 Aqueous
5.2.1.1 Aqueous Ammonia Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.2.2 Anhydrous
5.2.1.1 Anhydrous Ammonia Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Ammonia Market: Application Estimates & Trend Analysis
6.1 Application Movement Analysis & Market Share, 2022 & 2030
6.2 Ammonia Market Estimates & Forecast, By Application (Kilotons) (USD Million)
6.2.1 Fertilizers
6.2.1.1 Ammonia Market Estimates and Forecasts, in Fertilizers, 2018 - 2030 (Kilotons) (USD Million)
6.2.2 Refrigerants
6.2.2.1 Ammonia Market Estimates and Forecasts, in Refrigerants, 2018 - 2030 (Kilotons) (USD Million)
6.2.3 Pharmaceuticals
6.2.3.1 Ammonia Market Estimates and Forecasts, in Pharmaceuticals, 2018 - 2030 (Kilotons) (USD Million)
6.2.4 Textile
6.2.4.1 Ammonia Market Estimates and Forecasts, in Textile, 2018 - 2030 (Kilotons) (USD Million)
6.2.5 Other Applications
6.2.5.1 Ammonia Market Estimates and Forecasts, in Others Applications, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Ammonia Market: Regional Estimates & Trend Analysis
7.1 Ammonia Market: Ammonia Regional Outlook
7.2 North America
7.2.1 North America Ammonia Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.2.2 U.S.
7.2.2.1 Key country dynamics
7.2.2.2 U.S. Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.2.3 Canada
7.2.3.1 Key country dynamics
7.2.3.2 Canada Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.2.4 mexico
7.2.4.1 Key country dynamics
7.2.4.2 mexico Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.3 Europe
7.3.1 Europe Ammonia Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.3.2 UK
7.3.2.1 Key country dynamics
7.3.2.2 uk Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.3.3 Germany
7.3.3.1 Key country dynamics
7.3.3.2 Germany Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.3.4 France
7.3.4.1 Key country dynamics
7.3.4.2 France Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.3.5 Italy
7.3.5.1 Key country dynamics
7.3.5.2 Italy Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.3.6 Spain
7.3.6.1 Key country dynamics
7.3.6.2 Spain Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.3.7 Russia
7.3.7.1 Key country dynamics
7.3.7.2 Russia Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific Ammonia Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.4.2 China
7.4.2.1 Key country dynamics
7.4.2.2 China Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.4.3 India
7.4.3.1 Key country dynamics
7.4.3.2 India Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.4.4 Japan
7.4.4.1 Key country dynamics
7.4.4.2 Japan Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.4.5 South Korea
7.4.5.1 Key country dynamics
7.4.5.2 South Korea Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.5 Central & South America
7.5.1 Central & South America Ammonia Market Estimates & Forecasts And Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.5.2 Brazil
7.5.2.1 Key country dynamics
7.5.2.2 Brazil Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.5.3 Argentina
7.5.2.1 Key country dynamics
7.5.2.2 Argentina Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.6 Middle East & Africa
7.6.1 Middle East & Africa Ammonia Market Estimates & Forecasts and Trend Analysi, 2018 - 2030 (KILOTONS) (USD Million)
7.6.2 Saudi Arabia
7.6.2.1 Key country dynamics
7.6.2.2 Saudi Arabia Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.6.3 South Africa
7.6.2.1 Key country dynamics
7.6.2.2 South Africa Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
7.6.4 UAE
7.6.2.1 Key country dynamics
7.6.2.2 UAE Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Chapter 8 Ammonia Market: Competitive Landscape
8.1 Company Categorization
8.2 Vendor Landscape
8.2.1 List Of Key Distributors & Channel Partners
8.2.2 List Of End-Users
8.3 Company Market Positioning Analysis, 2022
8.4 Company Heat Map Analysis
8.5 Strategy Mapping
8.5.1 Expansion
8.5.2 Mergers & Acquisition
8.5.3 Collaborations
8.5.4 New Product Launches
8.5.5 Research & Development
8.6 Company Listing
8.6.1 Acron
8.6.1.1 Overview
8.6.1.2 Financial Performance (Net Revenue/Sales/EBITDA/Production Capacity*) * As Applicable
8.6.1.3 Product Benchmarking
8.6.2 Koch Fertilizer, LLC
8.6.3 Yara
8.6.4 CF Industries Holdings, Inc.
8.6.5 Nutrien Ltd.
8.6.6 QATAR FERTILISER COMPANY
8.6.7 Togliattiazot
8.6.8 SABIC
8.6.9 Sumitomo Chemical Co., Ltd.
List of Tables
Table 1 U.S. macro-economic outlay
Table 2 Canada macro-economic outlay
Table 3 Mexico macro-economic outlay
Table 4 UK macro-economic outlay
Table 5 Germany macro-economic outlay
Table 6 France macro-economic outlay
Table 7 Italy macro-economic outlay
Table 8 Spain macro-economic outlay
Table 9 Russia macro-economic outlay
Table 10 China macro-economic outlay
Table 11 India macro-economic outlay
Table 12 Japan macro-economic outlay
Table 13 South Korea macro-economic outlay
Table 14 Brazil macro-economic outlay
Table 15 Argentina macro-economic outlay
Table 16 Saudi Arabia macro-economic outlay
Table 17 South Africa macro-economic outlay
Table 18 UAE macro-economic outlay
Table 19 Company Listing
Table 20 Financial Performance
Table 21 Product Benchmarking
Table 22 List of Manufacturers/Distributors
Table 23 List of Potential Customers
List of Figures
Fig. 1 Ammonia Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Ammonia Market Snapshot
Fig. 7 Ammonia Market Segment Snapshot
Fig. 8 Ammonia Market Competitive Landscape Snapshot
Fig. 9 Ammonia Market Application Segment Growth Rate, 2018-2030
Fig. 10 Ammonia Market - Value Chain Analysis
Fig. 11 Ammonia Market: Market Dynamics
Fig. 12 Ammonia Industry Analysis - Porter’s Analysis
Fig. 13 Macroeconomic Analysis - PESTLE
Fig. 14 Ammonia Market Estimates & Forecasts, by Product Form: Key Takeaways
Fig. 15 Ammonia Market Share, By Product Form, 2022 & 2030
Fig. 16 Aqueous Ammonia Market Estimates & Forecasts, 2018 - 2030, (Kilotons) (USD Million)
Fig. 17 Anhydrous Ammonia Market Estimates & Forecasts, 2018 - 2030, (Kilotons) (USD Million)
Fig. 18 Ammonia Market Estimates & Forecasts, by Application: Key Takeaways
Fig. 19 Ammonia Market Share, By Application, 2022 & 2030
Fig. 20 Ammonia Market Estimates & Forecasts, In Fertilizers, 2018 - 2030, (Kilotons) (USD Million)
Fig. 21 Ammonia Market Estimates & Forecasts, In Refrigerants, 2018 - 2030, (Kilotons) (USD Million )
Fig. 22 Ammonia Market Estimates & Forecasts, In Pharmaceuticals, 2018 - 2030, (Kilotons) (USD Million)
Fig. 23 Ammonia Market Estimates & Forecasts, In Textile, 2018 - 2030, (Kilotons) (USD Million)
Fig. 24 Ammonia Market Estimates & Forecasts, In Other Applications, 2018 - 2030, (Kilotons) (USD Million)
Fig. 25 Global Ammonia Market Revenue, (USD Million)
Fig. 26 North America Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 27 U.S. Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 28 Canada Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 29 Mexico Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 30 Europe Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 31 UK Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 32 Germany Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 33 France Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 34 Itlay Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 35 Spain Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 36 Russia Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 37 Asia Pacific Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 38 China Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 39 India Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 40 Japan Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 41 South Korea Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 42 Central & South America Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 43 Brazil Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 44 Argentina Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 45 Middle East & Africa Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 46 Saudi Arabia Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 47 South Africa Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 48 UAE Ammonia Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 49 Strategy Framework

Companies Mentioned

  • Acron
  • Koch Fertilizer, LLC
  • Yara
  • CF Industries Holdings, Inc.
  • Nutrien Ltd.
  • QATAR FERTILISER COMPANY
  • Togliattiazot
  • SABIC
  • Sumitomo Chemical Co., Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedMay 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 205.34 Billion
Forecasted Market Value ( USD ) by 2030 $ 313.2 Billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned9

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