Ammonium Nitrate Market Size, Share, Trends, Growth 2028

Ammonium Nitrate Market

Ammonium Nitrate Market By Application (Explosives, Fertilizers, and Others), By End-User (Mining, Defense, Agriculture, and Others), and By Region - Global and Regional Industry Overview, Market Size, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2028

Category: Chemical & Materials Report Format : PDF Pages: 220 Report Code: ZMR-7004 Published Date: Jun-2022 Status : Published
Market Size in 2021 Market Forecast in 2028 CAGR (in %) Base Year
USD 16 Billion USD 22.5 Billion 3.43% 2021

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Ammonium Nitrate Market, (2022 - 2028) (USD Billion)
    • 2.2 Global Ammonium Nitrate Market : snapshot
  • Chapter 3. Global Ammonium Nitrate Market - Industry Analysis
    • 3.1 Ammonium Nitrate Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising demand in agriculture, defense, and mining sectors to aid market growth
    • 3.3 Market Restraints
      • 3.3.1. Safety issues related to the use of ammonium nitrate to restrain the market growth
    • 3.4 Market Opportunities
      • 3.4.1. Growing demand in the mining and construction industry to provide ample market growth opportunities
    • 3.5 Market Challenges
      • 3.5.1. Presence of substitutes along with the prevention of hazardous incidents to pose challenges to market expansion
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Application
      • 3.7.2 Market attractiveness analysis By End-User
  • Chapter 4. Global Ammonium Nitrate Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Ammonium Nitrate Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Ammonium Nitrate Market - Application Analysis
    • 5.1 Global Ammonium Nitrate Market overview: By Application
      • 5.1.1 Global Ammonium Nitrate Market share, By Application, 2021 and 2028
    • 5.2 Explosives
      • 5.2.1 Global Ammonium Nitrate Market by Explosives, 2022 - 2028 (USD Billion)
    • 5.3 Fertilizers
      • 5.3.1 Global Ammonium Nitrate Market by Fertilizers, 2022 - 2028 (USD Billion)
    • 5.4 Other
      • 5.4.1 Global Ammonium Nitrate Market by Other, 2022 - 2028 (USD Billion)
  • Chapter 6. Global Ammonium Nitrate Market - End-User Analysis
    • 6.1 Global Ammonium Nitrate Market overview: By End-User
      • 6.1.1 Global Ammonium Nitrate Market share, By End-User, 2021 and 2028
    • 6.2 Mining
      • 6.2.1 Global Ammonium Nitrate Market by Mining, 2022 - 2028 (USD Billion)
    • 6.3 Defense
      • 6.3.1 Global Ammonium Nitrate Market by Defense, 2022 - 2028 (USD Billion)
    • 6.4 Agriculture
      • 6.4.1 Global Ammonium Nitrate Market by Agriculture, 2022 - 2028 (USD Billion)
    • 6.5 Others
      • 6.5.1 Global Ammonium Nitrate Market by Others, 2022 - 2028 (USD Billion)
  • Chapter 7. Ammonium Nitrate Market - Regional Analysis
    • 7.1 Global Ammonium Nitrate Market Regional Overview
    • 7.2 Global Ammonium Nitrate Market Share, by Region, 2021 & 2028 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
        • 7.3.1.1 North America Ammonium Nitrate Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 North America Ammonium Nitrate Market, by Application, 2022 - 2028
      • 7.4.1 North America Ammonium Nitrate Market, by Application, 2022 - 2028 (USD Billion)
    • 7.5 North America Ammonium Nitrate Market, by End-User, 2022 - 2028
      • 7.5.1 North America Ammonium Nitrate Market, by End-User, 2022 - 2028 (USD Billion)
    • 7.4. Europe
      • 7.4.2 Europe Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
        • 7.4.2.1 Europe Ammonium Nitrate Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 Europe Ammonium Nitrate Market, by Application, 2022 - 2028
      • 7.4.1 Europe Ammonium Nitrate Market, by Application, 2022 - 2028 (USD Billion)
    • 7.5 Europe Ammonium Nitrate Market, by End-User, 2022 - 2028
      • 7.5.1 Europe Ammonium Nitrate Market, by End-User, 2022 - 2028 (USD Billion)
    • 7.5. Asia Pacific
      • 7.5.3 Asia Pacific Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
        • 7.5.3.1 Asia Pacific Ammonium Nitrate Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 Asia Pacific Ammonium Nitrate Market, by Application, 2022 - 2028
      • 7.4.1 Asia Pacific Ammonium Nitrate Market, by Application, 2022 - 2028 (USD Billion)
    • 7.5 Asia Pacific Ammonium Nitrate Market, by End-User, 2022 - 2028
      • 7.5.1 Asia Pacific Ammonium Nitrate Market, by End-User, 2022 - 2028 (USD Billion)
    • 7.6. Latin America
      • 7.6.4 Latin America Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
        • 7.6.4.1 Latin America Ammonium Nitrate Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 Latin America Ammonium Nitrate Market, by Application, 2022 - 2028
      • 7.4.1 Latin America Ammonium Nitrate Market, by Application, 2022 - 2028 (USD Billion)
    • 7.5 Latin America Ammonium Nitrate Market, by End-User, 2022 - 2028
      • 7.5.1 Latin America Ammonium Nitrate Market, by End-User, 2022 - 2028 (USD Billion)
    • 7.7. The Middle-East and Africa
      • 7.7.5 The Middle-East and Africa Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
        • 7.7.5.1 The Middle-East and Africa Ammonium Nitrate Market, by Country, 2022 - 2028 (USD Billion)
    • 7.4 The Middle-East and Africa Ammonium Nitrate Market, by Application, 2022 - 2028
      • 7.4.1 The Middle-East and Africa Ammonium Nitrate Market, by Application, 2022 - 2028 (USD Billion)
    • 7.5 The Middle-East and Africa Ammonium Nitrate Market, by End-User, 2022 - 2028
      • 7.5.1 The Middle-East and Africa Ammonium Nitrate Market, by End-User, 2022 - 2028 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 Abu Qir Fertilizers Co.
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Fertiberia SA
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Enaex S.A
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Austin Powder International
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Borealis
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 OSTCHEM Holding Company
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 CF Industries Holdings
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Orica Ltd.
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Yara International Inc.
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 EuroChem Group AG
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 CSBP Limited
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 San Corporation
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments
    • 8.13 URALCHEM Holding P.L.C.
      • 8.13.1 Overview
      • 8.13.2 Financials
      • 8.13.3 Product Portfolio
      • 8.13.4 Business Strategy
      • 8.13.5 Recent Developments
    • 8.14 Neochim Ad
      • 8.14.1 Overview
      • 8.14.2 Financials
      • 8.14.3 Product Portfolio
      • 8.14.4 Business Strategy
      • 8.14.5 Recent Developments
    • 8.15 DFPCL
      • 8.15.1 Overview
      • 8.15.2 Financials
      • 8.15.3 Product Portfolio
      • 8.15.4 Business Strategy
      • 8.15.5 Recent Developments
    • 8.16 Incitec Pivot Limited
      • 8.16.1 Overview
      • 8.16.2 Financials
      • 8.16.3 Product Portfolio
      • 8.16.4 Business Strategy
      • 8.16.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Ammonium Nitrate Market attractiveness, By Application
  • 6. Global Ammonium Nitrate Market attractiveness, By End-User
  • 7. Global Ammonium Nitrate Market share by Application, 2022 and 2028 (USD Billion)
  • 8. Global Ammonium Nitrate Market by Explosives, 2022 - 2028 (USD Billion)
  • 9. Global Ammonium Nitrate Market by Fertilizers, 2022 - 2028 (USD Billion)
  • 10. Global Ammonium Nitrate Market by Other, 2022 - 2028 (USD Billion)
  • 11. Global Ammonium Nitrate Market share by End-User, 2022 and 2028 (USD Billion)
  • 12. Global Ammonium Nitrate Market by Mining, 2022 - 2028 (USD Billion)
  • 13. Global Ammonium Nitrate Market by Defense, 2022 - 2028 (USD Billion)
  • 14. Global Ammonium Nitrate Market by Agriculture, 2022 - 2028 (USD Billion)
  • 15. Global Ammonium Nitrate Market by Others, 2022 - 2028 (USD Billion)
  • 16. Global Ammonium Nitrate Market share, by Region, 2022 and 2028
  • 17. North America Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
  • 18. Europe Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
  • 19. Asia Pacific Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
  • 20. Latin America Ammonium Nitrate Market, 2022 - 2028 (USD Billion)
  • 21. The Middle-East and Africa Ammonium Nitrate Market, 2022 - 2028 (USD Billion)

Table Of Tables

  • 1. Global Ammonium Nitrate Market: Snapshot
  • 2. Drivers of the Ammonium Nitrate Market: impact analysis
  • 3. North America Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 4. North America Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 5. U.S. Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 6. U.S. Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 7. Canada Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 8. Canada Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 9. Europe Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 10. Europe Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 11. Germany Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 12. Germany Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 13. France Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 14. France Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 15. U.K. Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 16. U.K. Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 17. Italy Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 18. Italy Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 19. Spain Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 20. Spain Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 21. Rest of Europe Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 22. Rest of Europe Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 23. Asia Pacific Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 24. Asia Pacific Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 25. China Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 26. China Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 27. Japan Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 28. Japan Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 29. India Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 30. India Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 31. South Korea Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 32. South Korea Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 33. South-East Asia Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 34. South-East Asia Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 35. Rest of Asia Pacific Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 36. Rest of Asia Pacific Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 37. Latin America Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 38. Latin America Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 39. Brazil Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 40. Brazil Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 41. Mexico Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 42. Mexico Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 43. Rest of Latin America Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 44. Rest of Latin America Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 45. The Middle-East and Africa Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 46. The Middle-East and Africa Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 47. GCC Countries Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 48. GCC Countries Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 49. South Africa Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 50. South Africa Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)
  • 51. Rest of Middle-East Africa Ammonium Nitrate Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 52. Rest of Middle-East Africa Ammonium Nitrate Market revenue, By End-User, 2022 - 2028 (USD Billion)

Methodology

FrequentlyAsked Questions

Ammonium nitrate is used extensively as a fertilizer with an NPK rating of 34-0-0. It is preferred over urea owing to its higher stability and lesser dispersion of nitrogen to the atmosphere making it more acceptable in the field of agriculture since crops consume nitrogen in the form of nitrate. The differential rise in the agricultural products and the food sector is anticipated to propel the global ammonium nitrate market growth.

Ammonium nitrate is capable of creating explosive mixtures of different properties when combined with other products or fuels. Hence, the military and defense segments of many economies use the product for creating explosives. The global market is projected to grow in the coming years because of rising demand in minim and construction as well.

According to Zion Market Research, the global ammonium nitrate market generated a market revenue of $16B in 2021 and is anticipated to grow at a CAGR of 3.43% during the forecast period amassing a revenue of $22.5B by 2028.

The global ammonium nitrate market is expected to be dominated by Asia-Pacific owing to increased food safety regulations in countries like India, China, Japan, and South Korea with higher revenues both in terms of consumption and production. This is also propelled by the exponential rise of population in these regions aiding the demand for food products along with the availability of large land segments, growing interest in organic farming, and adoption of technologically advanced equipment in farming.

The key players in the global ammonium nitrate market are Abu Qir Fertilizers Co., Fertiberia SA, Enaex S.A, Austin Powder International, Borealis, OSTCHEM Holding Company, CF Industries Holdings, Orica Ltd., Yara International, Inc., EuroChem Group AG, CSBP Limited, San Corporation, URALCHEM Holding P.L.C., Neochim Ad, DFPCL, and Incitec Pivot Limited

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List of Contents

Ammonium NitrateIndustry Prospective:OverviewCovid-19 Impact:Growth DriversRestraintsOpportunitiesChallengesSegmentationRecent Developments:Report Scope:Regional LandscapeCompetitive LandscapeGlobal Market is segmented as below:

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