This Calcium Ammonium Nitrate industry report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The calcium ammonium nitrate market size has grown strongly in recent years. It will grow from $2.97 billion in 2023 to $3.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth during the historic period can be attributed to increased demand from the agricultural sector, a rise in food demand, a surge in government subsidies and support, and growing concerns about environmental impact.
The calcium ammonium nitrate market size is expected to see strong growth in the next few years. It will grow to $4 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The anticipated growth in the forecast period can be attributed to expanding agricultural exports, the impact of climate change, a growing emphasis on sustainable agricultural practices, and increased use of medical cold packs. Key trends expected during this period include technological integration, the adoption of customized fertilizer solutions, advancements in farming techniques and fertilizer formulations, and improvements in supply chain logistics.
The expanding agricultural sector is projected to drive growth in the calcium ammonium nitrate market. This growth is fueled by significant investments in agricultural infrastructure, which enhance productivity, market access, and reduce post-harvest losses, thereby helping farmers meet the increasing global food demand. Calcium ammonium nitrate benefits the agricultural industry by providing a readily available source of nitrogen and calcium, which supports plant growth, improves soil structure, and boosts crop yields. For example, the Department for Environment, Food, and Rural Affairs, a UK-based government department, reported in July 2023 that the productivity of the UK's agricultural sector increased by 3.4% from 2021 to 2022. Additionally, total crop output rose by 1.7% in 2022, with oilseed rape and barley production growing by 39% and 12%, respectively. This growth in the agricultural sector is driving the demand for calcium ammonium nitrate.
Key companies in the calcium ammonium nitrate market are expanding their product offerings with integrated crop nutrition systems, such as calcium nitrate-compatible fertilizers, to reduce costs and improve outcomes for growers. These fertilizers optimize nutrient absorption, enhance soil fertility, and provide a balanced supply of essential nutrients, leading to healthier plants and increased crop yields. For instance, in April 2021, FBSciences, a US-based biotechnology firm, launched three new calcium nitrate-compatible fertilizers, CopCAN Soil CN Compatible, PhotoCAN Soil CN Compatible, and FlexCAN Soil CN Compatible. These fertilizers are designed to work effectively with other calcium nitrate and calcium ammonium nitrate products, such as YaraLiva CAN-17 and CN-9, improving nutrient uptake, plant health, and the efficiency of fertilizer applications.
In July 2023, Agrofert Group, a Czech Republic-based conglomerate, acquired the nitrogen business of Borealis AG for $884 million. This acquisition enhances Agrofert’s capabilities in the European fertilizers market by integrating Borealis' production assets in Austria, Germany, and France, along with its extensive sales and distribution network. Borealis AG, an Austria-based chemical manufacturer, specializes in producing a variety of fertilizers, including calcium ammonium nitrate, ammonium nitrate, and urea ammonium nitrate.
Major companies operating in the calcium ammonium nitrate market are Koch Industries Inc., BASF SE, Nutrien Ltd., Sinochem, Yara International ASA, Sumitomo Chemical Co. Ltd., Mosaic Company, ICL Group Ltd., Yunnan Yuntianhua Co. Ltd., EuroChem Group AG, K+S AG, Hubei Xingfa Chemicals Group Co. Ltd., Coromandel International Limited, Borealis AG, Acron Group, China BlueChemical Ltd., Saudi Arabian Fertilizer Company, Gujarat State Fertilizers & Chemicals Limited, Deepak Fertilisers and Petrochemicals Corporation Limited, Uralchem Group, Qatar Fertiliser Company, Indian Farmers Fertiliser Cooperative Limited, Achema AB, Wentong Potassium Salt Group Co.Ltd.
Asia-Pacific was the largest region in the calcium ammonium nitrate market in 2023. The regions covered in the calcium ammonium nitrate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the calcium ammonium nitrate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Calcium ammonium nitrate (CAN) is an inorganic fertilizer that provides essential nutrients for plant growth, supplying both calcium and nitrogen. It typically contains about 8% calcium and 21%-27% nitrogen. Due to its hygroscopic and endothermic properties, it is used in agriculture and instant cold packs, and requires careful handling.
The main types of calcium ammonium nitrate on the market include those with 27% nitrogen content, 15.5% nitrogen content, and other variations. Calcium ammonium nitrate with 27% nitrogen is used as a nitrogenous fertilizer to enhance soil fertility and increase crop yields. It is available in various grades, including standard grade and granular or pelletized forms, and comes in both liquid and solid formats. Its applications cover a range of uses, such as inorganic fertilizers, concrete, explosives, ice packs, clear-water drilling, and additives, serving industries such as agriculture, nurseries and greenhouses, and turf management and landscaping.
The calcium ammonium nitrate market research report is one of a series of new reports that provides calcium ammonium nitrate market statistics, including the calcium ammonium nitrate industry global market size, regional shares, competitors with calcium ammonium nitrate market share, detailed calcium ammonium nitrate market segments, market trends, and opportunities, and any further data you may need to thrive in the calcium ammonium nitrate industry. These calcium ammonium nitrate market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The calcium ammonium nitrate market consists of sales of prilled calcium ammonium nitrate and nitro-limestone. 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.
This product will be delivered within 3-5 business days.
The calcium ammonium nitrate market size has grown strongly in recent years. It will grow from $2.97 billion in 2023 to $3.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth during the historic period can be attributed to increased demand from the agricultural sector, a rise in food demand, a surge in government subsidies and support, and growing concerns about environmental impact.
The calcium ammonium nitrate market size is expected to see strong growth in the next few years. It will grow to $4 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The anticipated growth in the forecast period can be attributed to expanding agricultural exports, the impact of climate change, a growing emphasis on sustainable agricultural practices, and increased use of medical cold packs. Key trends expected during this period include technological integration, the adoption of customized fertilizer solutions, advancements in farming techniques and fertilizer formulations, and improvements in supply chain logistics.
The expanding agricultural sector is projected to drive growth in the calcium ammonium nitrate market. This growth is fueled by significant investments in agricultural infrastructure, which enhance productivity, market access, and reduce post-harvest losses, thereby helping farmers meet the increasing global food demand. Calcium ammonium nitrate benefits the agricultural industry by providing a readily available source of nitrogen and calcium, which supports plant growth, improves soil structure, and boosts crop yields. For example, the Department for Environment, Food, and Rural Affairs, a UK-based government department, reported in July 2023 that the productivity of the UK's agricultural sector increased by 3.4% from 2021 to 2022. Additionally, total crop output rose by 1.7% in 2022, with oilseed rape and barley production growing by 39% and 12%, respectively. This growth in the agricultural sector is driving the demand for calcium ammonium nitrate.
Key companies in the calcium ammonium nitrate market are expanding their product offerings with integrated crop nutrition systems, such as calcium nitrate-compatible fertilizers, to reduce costs and improve outcomes for growers. These fertilizers optimize nutrient absorption, enhance soil fertility, and provide a balanced supply of essential nutrients, leading to healthier plants and increased crop yields. For instance, in April 2021, FBSciences, a US-based biotechnology firm, launched three new calcium nitrate-compatible fertilizers, CopCAN Soil CN Compatible, PhotoCAN Soil CN Compatible, and FlexCAN Soil CN Compatible. These fertilizers are designed to work effectively with other calcium nitrate and calcium ammonium nitrate products, such as YaraLiva CAN-17 and CN-9, improving nutrient uptake, plant health, and the efficiency of fertilizer applications.
In July 2023, Agrofert Group, a Czech Republic-based conglomerate, acquired the nitrogen business of Borealis AG for $884 million. This acquisition enhances Agrofert’s capabilities in the European fertilizers market by integrating Borealis' production assets in Austria, Germany, and France, along with its extensive sales and distribution network. Borealis AG, an Austria-based chemical manufacturer, specializes in producing a variety of fertilizers, including calcium ammonium nitrate, ammonium nitrate, and urea ammonium nitrate.
Major companies operating in the calcium ammonium nitrate market are Koch Industries Inc., BASF SE, Nutrien Ltd., Sinochem, Yara International ASA, Sumitomo Chemical Co. Ltd., Mosaic Company, ICL Group Ltd., Yunnan Yuntianhua Co. Ltd., EuroChem Group AG, K+S AG, Hubei Xingfa Chemicals Group Co. Ltd., Coromandel International Limited, Borealis AG, Acron Group, China BlueChemical Ltd., Saudi Arabian Fertilizer Company, Gujarat State Fertilizers & Chemicals Limited, Deepak Fertilisers and Petrochemicals Corporation Limited, Uralchem Group, Qatar Fertiliser Company, Indian Farmers Fertiliser Cooperative Limited, Achema AB, Wentong Potassium Salt Group Co.Ltd.
Asia-Pacific was the largest region in the calcium ammonium nitrate market in 2023. The regions covered in the calcium ammonium nitrate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the calcium ammonium nitrate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Calcium ammonium nitrate (CAN) is an inorganic fertilizer that provides essential nutrients for plant growth, supplying both calcium and nitrogen. It typically contains about 8% calcium and 21%-27% nitrogen. Due to its hygroscopic and endothermic properties, it is used in agriculture and instant cold packs, and requires careful handling.
The main types of calcium ammonium nitrate on the market include those with 27% nitrogen content, 15.5% nitrogen content, and other variations. Calcium ammonium nitrate with 27% nitrogen is used as a nitrogenous fertilizer to enhance soil fertility and increase crop yields. It is available in various grades, including standard grade and granular or pelletized forms, and comes in both liquid and solid formats. Its applications cover a range of uses, such as inorganic fertilizers, concrete, explosives, ice packs, clear-water drilling, and additives, serving industries such as agriculture, nurseries and greenhouses, and turf management and landscaping.
The calcium ammonium nitrate market research report is one of a series of new reports that provides calcium ammonium nitrate market statistics, including the calcium ammonium nitrate industry global market size, regional shares, competitors with calcium ammonium nitrate market share, detailed calcium ammonium nitrate market segments, market trends, and opportunities, and any further data you may need to thrive in the calcium ammonium nitrate industry. These calcium ammonium nitrate market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The calcium ammonium nitrate market consists of sales of prilled calcium ammonium nitrate and nitro-limestone. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Calcium Ammonium Nitrate Market Characteristics3. Calcium Ammonium Nitrate Market Trends and Strategies32. Global Calcium Ammonium Nitrate Market Competitive Benchmarking33. Global Calcium Ammonium Nitrate Market Competitive Dashboard34. Key Mergers and Acquisitions in The Calcium Ammonium Nitrate Market
4. Calcium Ammonium Nitrate Market - Macro Economic Scenario
5. Global Calcium Ammonium Nitrate Market Size and Growth
6. Calcium Ammonium Nitrate Market Segmentation
7. Calcium Ammonium Nitrate Market Regional and Country Analysis
8. Asia-Pacific Calcium Ammonium Nitrate Market
9. China Calcium Ammonium Nitrate Market
10. India Calcium Ammonium Nitrate Market
11. Japan Calcium Ammonium Nitrate Market
12. Australia Calcium Ammonium Nitrate Market
13. Indonesia Calcium Ammonium Nitrate Market
14. South Korea Calcium Ammonium Nitrate Market
15. Western Europe Calcium Ammonium Nitrate Market
16. UK Calcium Ammonium Nitrate Market
17. Germany Calcium Ammonium Nitrate Market
18. France Calcium Ammonium Nitrate Market
19. Italy Calcium Ammonium Nitrate Market
20. Spain Calcium Ammonium Nitrate Market
21. Eastern Europe Calcium Ammonium Nitrate Market
22. Russia Calcium Ammonium Nitrate Market
23. North America Calcium Ammonium Nitrate Market
24. USA Calcium Ammonium Nitrate Market
25. Canada Calcium Ammonium Nitrate Market
26. South America Calcium Ammonium Nitrate Market
27. Brazil Calcium Ammonium Nitrate Market
28. Middle East Calcium Ammonium Nitrate Market
29. Africa Calcium Ammonium Nitrate Market
30. Calcium Ammonium Nitrate Market Competitive Landscape and Company Profiles
31. Calcium Ammonium Nitrate Market Other Major and Innovative Companies
35. Calcium Ammonium Nitrate Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Calcium Ammonium Nitrate Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on calcium ammonium nitrate 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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Description
Where is the largest and fastest growing market for calcium ammonium nitrate? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The calcium ammonium nitrate market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, 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.
- 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 impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- 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. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- 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 trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Nitrogen Content 27%; Nitrogen Content 15.5%; Other Types2) By Grade: Standard Grade Calcium Ammonium Nitrate; Granular Or Pelletized Calcium Ammonium Nitrate
3) By Form: Liquid; Solid
4) By Application: Inorganic Fertilizer; Concrete; Explosives; Ice Packs; Clear-Water Drilling; Additive; Other Applications
5) By End-Use Industry: Agriculture; Nurseries and Greenhouses; Turf Management and Landscaping
Key Companies Mentioned: Koch Industries Inc.; BASF SE; Nutrien Ltd.; Sinochem; Yara International ASA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; 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 Segmentation: 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: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Koch Industries Inc.
- BASF SE
- Nutrien Ltd.
- Sinochem
- Yara International ASA
- Sumitomo Chemical Co. Ltd.
- Mosaic Company
- ICL Group Ltd.
- Yunnan Yuntianhua Co. Ltd.
- EuroChem Group AG
- K+S AG
- Hubei Xingfa Chemicals Group Co. Ltd.
- Coromandel International Limited
- Borealis AG
- Acron Group
- China BlueChemical Ltd.
- Saudi Arabian Fertilizer Company
- Gujarat State Fertilizers & Chemicals Limited
- Deepak Fertilisers and Petrochemicals Corporation Limited
- Uralchem Group
- Qatar Fertiliser Company
- Indian Farmers Fertiliser Cooperative Limited
- Achema AB
- Wentong Potassium Salt Group Co.Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | October 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.15 Billion |
Forecasted Market Value ( USD | $ 4 Billion |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |