Global Ammonia Market Size,Trends and Growth opportunity,By product form (Liquid, Gas, Powder), By application (Fertilizers, Refrigerants, Pharmaceuticals,Textile,Others),By Region (North America,Europe,Asia Pacific, Latin America,MEA ) and forecast till 2027.
Global Ammonia Market
The global Ammonia market was valued at USD 48.85 billion in 2021 and is expected to expand USD 72.71 billion at a CAGR of 7.8 % during forecast period 2022- 2027.
Ammonia is a colourless and highly irritating with a sharp suffocating odor gas. It dissolves in water and forms an ammonium hydroxide solution. The gas can be easily compressed,which forms a colorless & clear liquid under pressure. It is usually transported in steel cylinders in the form of compressed liquid. although, it is not highly combustible but may explode when exposed to high heat.
Market Drivers
The rising demand for ammonia in the fertilizer industry and nitrogen industry along with pharmaceutical industry for the production of medicines as manufacturing various products for biotechnology, and fermentation & culture control applications act as major factor for driving the market. Additionally, increasing agricultural activities and growing need of nutrients such as potassium, nitrogen, magnesium, calcium, sulfur and as ammonia is considered to be a source of such nutrients propelling the growth of Ammonia market.
Market Restraints
The use of Ammonia is highly regularized by the government authority as ammonia emits carbon affecting environment restrict the growth of market. Additionally,ammonia products are costly and involves complex manufacturing process which hinders the market growth.
COVID-19 Impact on global Ammonia Market
Outbreak of covid-19 adversely impacted market as lockdown is imposed by government causing disruption in manufacturing and supply chain.Additionally,the decrease in demand of Ammonia due to reduce production of crops due to unavailability of labours during pandemic affected the market growth.The pharmaceutical industry driven the market during pandemic.
Market Segmentation
The global Ammonia market segmented on the basis of product form, application, and region.On the basis of product form it is segmented into Liquid, Gas, Powder. On the basis of application it is segmented into Fertilizers, Refrigerants, Pharmaceuticals,Textile,Others.On the basis of Region it is segmented into North America,Europe,Asia Pacific, Latin America,MEA.
Regional Analysis
The global Ammonia market segmented into five regions North America,Europe,Asia Pacific,Latin America,MEA.Asia-Pacific dominate the market due to growing demand of agricultural products in this region. North America also witnessed a significant rise in Ammonia market.
Key Players
Various key players are listed in this report such as Yara International , BASF SE, CF Industries Holdings Inc, PotashCorp, Huaqiang Chem Group ,Shanxi Jinfeng Coal Chem, Rashtriya Chemicals & Fertilizers Ltd ,China Petroleum & Chemical Corporation,China National Petroleum Corporation.
Market Taxonomy
• By Product Form
? Liquid
? Gas
? Powder
• By Application
? Fertilizers
? Refrigerants
? Pharmaceuticals
? Textile
? Others
• By Region
? North America
? Europe
? Asia Pacific
? Latin America
? Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Ammonia Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Ammonia Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Ammonia Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Ammonia Market, By Application Type
5.1 Y-o-Y Growth Comparison, By Application Type
5.3 Global AmmoniaMarket Share Analysis, By Application Type
5.3 Global AmmoniaMarket Size and Forecast, By Application Type
5.3.1 Fertilizers
5.3.2 Refrigerants
5.3.3 Pharmaceutical
5.3.4 Textile
5.3.5 Others
6 Global Ammonia Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global AmmoniaMarket Share Analysis, By Product Type
6.3 Global AmmoniaMarket Share Analysis, By Product Type
6.3.1 Liquid
6.3.2 Gas
6.3.3 Powder
7 Global Ammonia Market, By Region
7.1 Global AmmoniaMarket Share Analysis, By Region
7.2 Global AmmoniaMarket Share Analysis, By Region
8 North America Ammonia Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Ammonia Market Share Analysis, By Application Type
8.3 North America Ammonia Size and Forecast, By Product Type
8.4 North America Ammonia Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Ammonia Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Ammonia Market Share Analysis, By Application Type
9.3 Europe Ammonia Market Size and Forecast, By Product Type
9.4 Europe Ammonia Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Ammonia Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia-Pacific Ammonia Market Size and Forecast, By Application Type
10.3 Asia-Pacific Ammonia Market Size and Forecast, By Product Type
10.4 Asia-Pacific Ammonia Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Ammonia Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Ammonia Market Size and Forecast, By Application Type
11.3 Latin America Ammonia Market Size and Forecast, By Product Type
11.4 Latin America Ammonia Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2.Rest of Latin America
12 Middle East Ammonia Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Ammonia Market Share Analysis, By Application Type
12.3 Middle East Ammonia Market Size and Forecast, By Product Type
12.4 Middle East Ammonia Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. Yara International
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. BASF SE
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. CF Industries Holdings Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. PotashCorp
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. Huaqiang Chem Group
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. Shanxi Jinfeng Coal Chem
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. Rashtriya Chemicals & Fertilizers Ltd
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. China Petroleum & Chemical Corporation
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. China National Petroleum Corporation
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
