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Ammonia Trends and Forecast
The future of the global ammonia market looks promising with opportunities in the agriculture, textiles, mining, pharmaceutical, and refrigeration markets. The global ammonia market is expected to reach an estimated $106.9 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are significantly expanding agricultural activity, higher adaption in the fertilizer industry and increasing usage to develop explosives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ammonia by Segment
The study includes a forecast for the global ammonia by type, end use, and region.
Ammonia Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Liquid
• Powder
• Gas
Ammonia Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Agriculture
• Textiles
• Mining
• Pharmaceutical
• Refrigeration
• Others
Ammonia Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ammonia Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ammonia companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ammonia companies profiled in this report include-
• Acron
• Koch Fertilizer
• Yara
• CF Industries Holdings
• Nutrien
• Qatar Fertiliser Company
• Togliattiazot
Ammonia Market Insights
Lucintel forecasts that liquid will remain the largest segment over the forecast period due to its wide spread usage in the residential and commercial cleaning as well as fertilizer applications.
Within this market, agriculture will remain the largest segment as ammonia helps in increasing crop health and maintaining soil fertility.
APAC will remain the largest segment over the forecast period due to increasing demand of agricultutal food and rising demand from fertilizer industry in China and India.
Features of the Global Ammonia Market
Market Size Estimates: Ammonia market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ammonia market size by type, end use, and region in terms of value ($B).
Regional Analysis: Ammonia market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the ammonia market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ammonia market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the ammonia market size?
Answer: The global ammonia market is expected to reach an estimated $106.9 billion by 2030.
Q2. What is the growth forecast for ammonia market?
Answer: The global ammonia market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the ammonia market?
Answer: The major drivers for this market are significantly expanding agricultural activity, higher adaption in the fertilizer industry and increasing usage to develop explosives.
Q4. What are the major segments for ammonia market?
Answer: The future of the ammonia market looks promising with opportunities in the agriculture, textiles, mining, pharmaceutical, and refrigeration markets.
Q5. Who are the key ammonia market companies?
Answer: Some of the key ammonia companies are as follows:
• Acron
• Koch Fertilizer
• Yara
• CF Industries Holdings
• Nutrien
• Qatar Fertiliser Company
• Togliattiazot
Q6. Which ammonia market segment will be the largest in future?
Answer: Lucintel forecasts that liquid will remain the largest segment over the forecast period due to its wide spread usage in the residential and commercial cleaning as well as fertilizer applications.
Q7. In ammonia market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest segment over the forecast period due to increasing demand of agricultutal food and rising demand from fertilizer industry in China and India.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ammonia market by type (liquid, powder, and gas), end use (agriculture, textiles, mining, pharmaceutical, refrigeration, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Ammonia Market, Ammonia Market Size, Ammonia Market Growth, Ammonia Market Analysis, Ammonia Market Report, Ammonia Market Share, Ammonia Market Trends, Ammonia Market Forecast, Ammonia Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Ammonia Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Ammonia Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Ammonia Market by Type
3.3.1: Liquid
3.3.2: Powder
3.3.3: Gas
3.4: Global Ammonia Market by End Use
3.4.1: Agriculture
3.4.2: Textiles
3.4.3: Mining
3.4.4: Pharmaceutical
3.4.5: Refrigeration
3.4.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Ammonia Market by Region
4.2: North American Ammonia Market
4.2.2: North American Ammonia Market by End Use: Agriculture, Textiles, Mining, Pharmaceutical, Refrigeration, and Others
4.3: European Ammonia Market
4.3.1: European Ammonia Market by Type: Liquid, Powder, and Gas
4.3.2: European Ammonia Market by End Use: Agriculture, Textiles, Mining, Pharmaceutical, Refrigeration, and Others
4.4: APAC Ammonia Market
4.4.1: APAC Ammonia Market by Type: Liquid, Powder, and Gas
4.4.2: APAC Ammonia Market by End Use: Agriculture, Textiles, Mining, Pharmaceutical, Refrigeration, and Others
4.5: ROW Ammonia Market
4.5.1: ROW Ammonia Market by Type: Liquid, Powder, and Gas
4.5.2: ROW Ammonia Market by End Use: Agriculture, Textiles, Mining, Pharmaceutical, Refrigeration, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Ammonia Market by Type
6.1.2: Growth Opportunities for the Global Ammonia Market by End Use
6.1.3: Growth Opportunities for the Global Ammonia Market by Region
6.2: Emerging Trends in the Global Ammonia Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Ammonia Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Ammonia Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Acron
7.2: Koch Fertilizer
7.3: Yara
7.4: CF Industries Holdings
7.5: Nutrien
7.6: Qatar Fertiliser Company
7.7: Togliattiazot
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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