Market Size in 2020 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 55.4 Billion | USD 89.4 Billion | 5.8% | 2020 |
List of Figures
1. Market research Type
2. Market research methodology
3. Global AmmoniaMarket, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global AmmoniaMarketattractiveness, By Product Form
6. Global AmmoniaMarketattractiveness, By Application
7. Global AmmoniaMarketshare by Product Form ,2020 and 2028 (USD Billion)
8. Global AmmoniaMarketby Gas, 2018–2028(USD Billion)
9. Global AmmoniaMarketby Liquid, 2018–2028(USD Billion)
10. Global AmmoniaMarketby Powder, 2018–2028(USD Billion)
11. Global AmmoniaMarketshare by Application ,2020 and 2028 (USD Billion)
12. Global AmmoniaMarketby Fertilizers, 2018–2028(USD Billion)
13. Global AmmoniaMarketby Pharmaceuticals, 2018–2028(USD Billion)
14. Global AmmoniaMarketby Textile, 2018–2028(USD Billion)
15. Global AmmoniaMarketby Refrigerants, 2018–2028(USD Billion)
16. Global AmmoniaMarketshare, by Region, 2020 and 2028
17. North America AmmoniaMarket, 2018–2028(USD Billion)
18. Europe AmmoniaMarket, 2018–2028(USD Billion)
19. Asia Pacific AmmoniaMarket, 2018–2028(USD Billion)
20. Latin America AmmoniaMarket, 2018–2028(USD Billion)
21. The Middle East and Africa AmmoniaMarket, 2018–2028(USD Billion)
List of Tables
1. Global AmmoniaMarket: snapshot
2. Drivers of the AmmoniaMarket: impact analysis
3. North America Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
4. North America Ammonia Market revenue, By Application ,2018–2028(USD Billion)
5. The U.S. Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
6. The U.S. Ammonia Market revenue, By Application ,2018–2028(USD Billion)
7. Rest of North America Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
8. Rest of North America Ammonia Market revenue, By Application ,2018–2028(USD Billion)
9. Europe Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
10. Europe Ammonia Market revenue, By Application ,2018–2028(USD Billion)
11. UK Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
12. UK Ammonia Market revenue, By Application ,2018–2028(USD Billion)
13. France Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
14. France Ammonia Market revenue, By Application ,2018–2028(USD Billion)
15. Germany Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
16. Germany Ammonia Market revenue, By Application ,2018–2028(USD Billion)
17. Rest of Europe Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
18. Rest of Europe Ammonia Market revenue, By Application ,2018–2028(USD Billion)
19. Asia Pacific Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
20. Asia Pacific Ammonia Market revenue, By Application ,2018–2028(USD Billion)
21. China Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
22. China Ammonia Market revenue, By Application ,2018–2028(USD Billion)
23. Japan Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
24. Japan Ammonia Market revenue, By Application ,2018–2028(USD Billion)
25. India Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
26. India Ammonia Market revenue, By Application ,2018–2028(USD Billion)
27. Rest of Asia Pacific Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
28. Rest of Asia Pacific Ammonia Market revenue, By Application ,2018–2028(USD Billion)
29. Latin America Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
30. Latin America Ammonia Market revenue, By Application ,2018–2028(USD Billion)
31. Brazil Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
32. Brazil Ammonia Market revenue, By Application ,2018–2028(USD Billion)
33. Rest of Latin America Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
34. Rest of Latin America Ammonia Market revenue, By Application ,2018–2028(USD Billion)
35. The Middle East and Africa Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
36. The Middle East and Africa Ammonia Market revenue, By Application ,2018–2028(USD Billion)
37. Saudi Arabia Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
38. Saudi Arabia Ammonia Market revenue, By Application ,2018–2028(USD Billion)
39. South Africa Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
40. South Africa Ammonia Market revenue, By Application ,2018–2028(USD Billion)
41. Rest of the Middle East & Africa Ammonia Market revenue, By Product Form ,2018–2028(USD Billion)
42. Rest of the Middle East & Africa Ammonia Market revenue, By Application ,2018–2028(USD Billion)
FrequentlyAsked Questions
Escalating demand for ammonia in farming industry and rise in use of explosives is predicted to create lucrative growth avenues for ammonia industry. For the record, nearly 81% of ammonia is utilized as fertilizer for increasing food yield to fulfill food requirements of rapidly surging population. Reportedly, production of crops for food reduces nutrient value of soil and hence ammonia is used by farmers as fertilizer for enhancing fertility of soil, thereby increasing food yield. Moreover, massive use of ammonia in textiles and pharmaceuticals will enlarge scope of growth of ammonia market in upcoming years. Apart from this, ammonia is also used in food & beverages, wastewater treatment, metallurgical procedures, pulp & paper production, leather manufacturing, and rubber production. This, in turn, will contribute assiduously towards expansion of ammonia market in next couple of years.
According to Zion market research report, The global Ammonia Market accrued earnings worth approximately 55.4 (USD Billion) in 2020 and is predicted to gain revenue of about 89.4 (USD Billion) by 2028, is set to record a CAGR of nearly 5.8% over the period from 2021 to 2028.
Asia Pacific will contribute lucratively towards the regional market size over the estimated timeline. The regional market surge is owing to massive demand for product from pharmaceutical industry in countries such as India and China. Additionally, increase in production capacity of manufacturing units in countries such as India, China, and Indonesia will intensify growth of regional market. With farming being major occupation of people in Asia, the ammonia market is likely to witness rapid growth in Asia Pacific region over coming years.
The key market participants include Huaqiang Chem Group; Yara International; China Petroleum & Chemical Corporation; Shanxi Jinfeng Coal Chem; CF Industries Holdings, Inc.; BASF SE; PotashCorp; Rashtriya Chemicals & Fertilizers Ltd.; and China National Petroleum Corporation
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