Ammonium Nitrate Trends and Forecast
The future of the global ammonium nitrate market looks promising with opportunities in the agriculture, mining, and defense markets. The global ammonium nitrate market is expected to grow with a CAGR of 1.4% from 2024 to 2030. The major drivers for this market are growing requirement for ammonium nitrate-fuel oil (ANFO) and increasing need for fertilizers in the farming industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ammonium Nitrate by Segment
The study includes a forecast for the global ammonium nitrate by application, end use industry, and region.
Ammonium Nitrate Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Fertilizers
• Explosives
• Others
Ammonium Nitrate Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Agriculture
• Mining
• Defense
• Others
Ammonium Nitrate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ammonium Nitrate 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 ammonium nitrate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ammonium nitrate companies profiled in this report include-
• CF Industries Holdings
• Chambal Fertilisers
• ENAEX
• EuroChem Group
• MAXAMCORP INTERNATIONAL
• Orica
• Sasol
• San Corporation
• URALCHEM
• Vijay Gas
Ammonium Nitrate Market Insights
Lucintel forecasts that fertilizer is expected to witness the higher growth over the forecast period.
Within this market, agriculture is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Ammonium Nitrate Market
Market Size Estimates: Ammonium nitrate market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ammonium nitrate market size by application, end use industry, and region in terms of value ($B).
Regional Analysis: Ammonium nitrate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end use industries, and regions for the ammonium nitrate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ammonium nitrate market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for ammonium nitrate market?
Answer: The global ammonium nitrate market is expected to grow with a CAGR of 1.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the ammonium nitrate market?
Answer: The major drivers for this market are growing requirement for ammonium nitrate-fuel oil (ANFO) and increasing need for fertilizers in the farming industry.
Q3. What are the major segments for ammonium nitrate market?
Answer: The future of the ammonium nitrate market looks promising with opportunities in the agriculture, mining, and defense markets.
Q4. Who are the key ammonium nitrate market companies?
Answer: Some of the key ammonium nitrate companies are as follows:
• CF Industries Holdings
• Chambal Fertilisers
• ENAEX
• EuroChem Group
• MAXAMCORP INTERNATIONAL
• Orica
• Sasol
• San Corporation
• URALCHEM
• Vijay Gas
Q5. Which ammonium nitrate market segment will be the largest in future?
Answer: Lucintel forecasts that fertilizer is expected to witness the higher growth over the forecast period.
Q6. In ammonium nitrate market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q7. 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 ammonium nitrate market by application (fertilizers, explosives, and others), end use industry (agriculture, mining, defense, 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 Ammonium Nitrate Market, Ammonium Nitrate Market Size, Ammonium Nitrate Market Growth, Ammonium Nitrate Market Analysis, Ammonium Nitrate Market Report, Ammonium Nitrate Market Share, Ammonium Nitrate Market Trends, Ammonium Nitrate Market Forecast, Ammonium Nitrate Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.