Discover Ammonia Market Upcoming Trends, Growth Drivers And Challenges – Forecast To 2025|Grand View Research, Inc.


The global ammonia market is anticipated to reach USD 76.64 billion by 2025, according to a new report by Grand View Research, Inc. Fertilizer is the major application of the product as well as an important source of nitrogen in the agricultural industry, which is expected to benefit the market over the forecast period.
Liquid ammonia segment dominated the market in 2016. It is majorly used in fertilizer and industrial & household cleaning applications. Ammonia is a colorless and pungent alkaline gas composed of hydrogen and nitrogen. It is an essential gas, which is used in various biological processes and industrial applications. It causes irritation to the eyes, skin, nose, lungs, and throat. Globally governments have established various safety-related regulations associated with the production, usage, and transportation of the product. The regulations also provide some directives for the equipment and methods used during the production process and handling of ammonia.
Some of the global players operating in the industry include Yara International; BASF SE; CF Industries Holdings, Inc.; PotashCorp; Huaqiang Chem Group; Shanxi Jinfeng Coal Chem; Rashtriya Chemicals & Fertilizers Ltd.; China Petroleum & Chemical Corporation; and China National Petroleum Corporation.
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Globally, the gap between supply & demand of the product is gradually becoming surplus, hence resulting in continuous price fluctuations. This gap is mainly due to continuous capacity additions, especially in Southeast Asia (China and Indonesia), Middle East, Central & South America, and the U.S. The continuous increase in capacity additions and weakening of the demand owing to lower crop prices, poor economic prospects, fluctuating energy prices, and rising competition are anticipated to be the major challenges for the industry over the forecast period.
Further key findings from the report suggest:
  • The global ammonia market was valued at USD 48.65 billion in 2016. The industry is anticipated to reach USD 76.64 billion by 2025, ascending at a CAGR of 5.3% from 2017 to 2025.
  • Fertilizer application segment dominated with over 40% of the overall share in terms of revenue
  • Rising demand for nitrogen fertilizer owing to its advantages for application in the agricultural sector is anticipated to boost the ammonia market over the coming years
  • Some of the other major application industries of the product include household & industrial cleaning, food & beverage, metallurgical processes, water and wastewater treatment, rubber, pulp & paper, and leather
  • Asia Pacific dominated the industry in 2016 and is projected to be the fastest-growing region over the forecast period
  • The industry is highly competitive in nature with the presence of various global players
  • Some of the key market players are Yara International; BASF SE; CF Industries Holdings; Inc.; PotashCorp; Huaqiang Chemical Group; Shanxi Jinfeng Coal Chemical; Rashtriya Chemicals & Fertilizers Ltd.; China Petroleum & Chemical Corporation; and China National Petroleum Corporation
Ammonia is a colorless and highly irritating with a sharp suffocating odor gas. It easily dissolves in water and forms an ammonium hydroxide solution. The solution can cause burns and irritation. 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. Moreover, it is not highly combustible but may explode when exposed to high heat.
On the basis of product form, the industry can be segmented into gas, liquid, and powder. The liquid form of the product dominated the market, in terms of revenue, with over 45% share in 2016. The segment is expected to ascend at a CAGR of 5.7% from 2017 to 2025. The rising demand for the product in the end-use application is expected to boost the market over the forecast period.
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Anhydrous ammonia is the purest form of ammonia, which does not contain any water molecule. It is a pungent gas with suffocating fumes, which is primarily used as a fertilizer. It is compressed into a colorless and clear liquid when used as an agricultural fertilizer. It is manufactured from three parts of hydrogen and one part of nitrogen. The compound is readily used in its diluted form in industrial cleaning and in the manufacturing & synthesis of some molecules.
Ammonia is mostly used in the liquid form. It is majorly used in fertilizers and industrial & household cleaning. For application in fertilizers, it is compressed into a liquid and then mixed with different plant enhancers. In the gaseous form, it combines with moisture present in the dirt, which in turn results in ammonia enriched fertilizer soil.
Grand View Research has segmented the global ammonia market on the basis of product form, application:
Product Form Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)
  • Liquid
  • Gas
  • Powder
Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)
  • Fertilizers
  • Refrigerants
  • Pharmaceuticals
  • Textile
  • Others
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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