Ammonia Market
Ammonia Market Study by Anhydrous and Aqueous Ammonia for Industrial Chemicals, Agrochemicals, Explosives, and Electronics from 2024 to 2034
Analysis of Ammonia Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ammonia Market Outlook (2024 to 2034)
Expanding steadily at a CAGR of 4.6%, the global ammonia market size is projected to increase from a valuation of US$ 129.7 billion in 2024 to US$ 203.36 billion by 2034-end.
Ammonia is an inorganic compound consisting of nitrogen and hydrogen. It is a stable binary hydride with no color but with a distinctive strong smell. This colorless gas is used in the agriculture industry as a fertilizer for killing bacteria and other harmful insects in the farming process. This has led to a tremendous increase in the production of ammonia in the farming industry, thus contributing to ammonia market growth.
Ammonia biologically is a nitrogenous waste that contributes to the nutritious needs of terrestrial organisms by serving as a precursor to fertilizers. The mass amount of the ammonia produced is employed for the fertilizer process in various forms and compositions, including urea and diammonium phosphate. Ammonia is also applied to soil in its pure form. An increase in agricultural activities is driving sales of ammonia.
The pharmaceutical industry also uses ammonia in a variety of products as a synthesizer. In recent years, the pharmaceutical industry has shown substantial growth, providing ammonia suppliers with profitable opportunities. Majorly ammonia suppliers produce three types of ammonia: gaseous, liquid, and liquor ammonia fortis.
Each type has its features, classifications, and uses in several industries. Liquid ammonia is predominantly used in wastewater treatment as well as leather, rubber, and paper production. It is used in the food and beverages industry in cold storage and refrigeration. Ammonia finds uses in the cosmetic industry.
Ammonia suppliers are also investing in research and development to understand this compound and find new areas where they could use this and expand their customer base. This is contributing to the expansion of the ammonia market size.
| Report Attributes | Details |
|---|---|
| Ammonia Market Size (2024E) | US$ 129.7 Billion |
| Forecasted Market Value (2034F) | US$ 203.36 Billion |
| Global Market Growth Rate (2024 to 2034) | 4.6% CAGR |
| Canada Market Growth Rate (2024 to 2034) | 5.6% CAGR |
| China Market Value (2034F) | US$ 44.75 Billion |
| North America Market Share (2024E) | 28.6% |
| East Asia Market Share (2034F) | 38.4% |
| Key Companies Profiled | Yara; Shandong Everlast AC Chemical; CF Industries Holding; Nutrient Ltd.; Koch Fertilizer, LLC; China National Petroleum Corporation; Praxair Technology, Inc.; EuroChem Group |
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Which Ammonia Market Trends Should Suppliers Leverage?
“Increasing Need for Fossil Fuels”
Ammonia, being liquid at ambient temperature, has emerged as a popular alternative to both fossil fuels and hydrogen, owing to its unique properties. Its ability to exist under ambient conditions due to vapor pressure, coupled with high volumetric and gravimetric energy, makes it a suitable carrier for hydrogen. Compared to hydrogen fuels, ammonia offers easier storage and boasts higher energy efficiency.
Lower cost of ammonia, in contrast to the requirements of hydrogen for compression or cryogenic storage, adds to its appeal. With a raw energy density comparable to one-third of diesel, liquid ammonia finds favor in the fuel industry. Ammonia consists of hydrogen and nitrogen and thus allows for conversion back to hydrogen. This facilitates its dual use as both a hydrogen carrier and a fuel.
“Extensive Use of Ammonia as Cleaning Agent”
Cleanliness has always been a requisite for living and working conditions. Household ammonia accomplishes this purpose by cleaning diverse surfaces. Use of ammonia effectively cleans surfaces such as glass, porcelain, and stainless steel.
Ammonia is also utilized for cleaning ovens after dilution to ensure surfaces are effectively cleaned without becoming toxic. These cleaning attributes have boosted the utilization of ammonia and made it a sought-after choice among customers.
Which Properties of Ammonia are Impeding Market Growth?
“Corrosive Nature and Toxicity of Ammonia an Issue”
Ammonia corrosion is caused by the interaction of ammonia and the surface of contact when liquid ammonia containing impurities or contaminants comes in contact with mild steel. Ammonia is corrosive to other materials such as paints even when they do not contain any contaminants. This challenge has severely impacted market growth.
Another challenge that ammonia suppliers face is its severe toxicity, which increases the risks of accidents and health issues due to exposure. Suppliers have implemented stringent safety protocols and cautious working conditions to mitigate these risks.
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Country-wise Analysis
A recently unveiled report by Fact.MR predicts a commercially appreciable market for South Korea. The market in South Korea is projected to expand at a 6.9% CAGR through 2034, providing an amazing platform for ammonia manufacturers to establish their enterprises.
How is the Aviation Industry Driving Ammonia Sales in the United States?
“Historic Usage of Ammonia as Fuel in Aircraft Engines”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 26.6 Billion |
| Growth Rate (2024 to 2034) | 5% CAGR |
| Projected Value (2034F) | US$ 43.5 Billion |
Ammonia has been used as a fuel and solar energy conversion tool. Its potential use in rocket engines was discovered in June 1959 with the introduction of the X15, the world's fastest aircraft at the time. Powered by the XLR99 engine, which utilized anhydrous ammonia and liquid oxygen as propellant, the X15 achieved remarkably high speeds. This led to further exploration of ammonia as a fuel for setting new speed records.
Beyond aircraft, the aviation industry is exploring ammonia's potential as a hydrogen carrier. Both hydrogen and ammonia offer CO2-free properties, promising reduced carbon dioxide emissions and proving advantageous for both the aviation industry and the environment. The involvement of prominent space agencies like NASA in utilizing ammonia as a fuel is further driving demand for this versatile gas.
Which Factors are Contributing to Increasing Use of Ammonia in China?
“Extensive Use of Ammonia in Fertilizer and Pesticide Production”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 26.94 Billion |
| Growth Rate (2024 to 2034) | 5.2% CAGR |
| Projected Value (2034F) | US$ 44.75 Billion |
China has established its image as a manufacturing hub, with its products getting exported to various parts of the world. The government has always supported manufacturers and suppliers by relaxing regulations and implementing favorable taxes and policies. This has encouraged manufacturers across industries to set up their production units in the country.
Fertilizer and pesticide manufacturers in the country extensively use ammonia in their products, which has substantially attracted other ammonia suppliers to set up their industries close to fertilizer suppliers.
Category-wise Evaluation
Ammonia has been proven beneficial for a variety of purposes, resulting in its widespread application across different industries. A few of the major applications include nitric acid and mono-ammonium phosphate production. Demand for mono-ammonium phosphate is projected to rise at a CAGR of 4.3% through 2034.
Which Application of Ammonia is Significantly Contributing to Market Growth?
“Vital Role of Ammonia in Nitric Acid Production for Precious Metal Purification”
| Attribute | Nitric Acid |
|---|---|
| Segment Value (2024E) | US$ 30.22 Billion |
| Growth Rate (2024 to 2034) | 5.4% CAGR |
| Projected Value (2034F) | US$ 48.6 Billion |
Nitric acid occupies 23.3% of the ammonia market share in 2024. Nitric acid is produced through the oxidation of ammonia. In this process, liquid ammonia is evaporated, superheated, and combined with compressed air in a converter. The resulting acid is then utilized in the production of ammonium nitrate and calcium ammonium nitrate, extensively employed in fertilizer or urea ammonium nitrate production.
Nitric acid finds application in purifying precious metals such as platinum, gold, and silver, making it valuable in the precious metal industry. These diverse applications are opening avenues for suppliers to achieve profits.
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Competitive Landscape
Key players in the ammonia market such as Yara, Shandong Everlast AC Chemical, CF Industries Holding, and Nutrient Ltd. are focusing on expanding their manufacturing capabilities to meet the rising demand from end users.
Instead of producing brown ammonia, several firms are choosing to produce green ammonia and are changing their equipment accordingly.
- In May 2022, Mitsui, one of the key manufacturers of ammonia, and CF Industries Holdings announced a collaboration for the development of a greenfield ammonia plant in the United States.
- In May 2022, Nutrien Ltd. announced that it is considering Geismar, Louisiana, as a potential location for the world's largest clean ammonia facility.
- In May 2022, Air Products, OQ, and ACWA Power signed a joint development agreement to set up a green hydrogen-based ammonia production facility.
Key Segments of Ammonia Market Research
-
By Product Type :
- Anhydrous Ammonia
- Aqueous Ammonia
-
By Application :
- MAP (Mono-ammonium Phosphate)
- DAP (Di-ammonium Phosphate)
- Urea
- Nitric Acid
- Ammonium Phosphate
- Ammonium Nitrate
-
By End Use :
- Industrial Chemicals
- Agrochemicals
- Explosives
- Medical
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Background and Foundation Data Points
- 4. Global Market Demand (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 5. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Application
- 5.1. MAP (Mono-ammonium Phosphate)
- 5.2. DAP (Di-ammonium Phosphate)
- 5.3. Urea
- 5.4. Nitric Acid
- 5.5. Ammonium Phosphate
- 5.6. Ammonium Nitrate
- 6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Product Type
- 6.1. Anhydrous Ammonia
- 6.2. Aqueous Ammonia
- 7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by End Use
- 7.1. Industrial Chemicals
- 7.2. Agrochemicals
- 7.3. Explosives
- 7.4. Medical
- 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 8.1. North America
- 8.2. Latin America
- 8.3. Europe
- 8.4. East Asia
- 8.5. South Asia & Oceania
- 8.6. Middle East and Africa (MEA)
- 9. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 10. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 11. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 12. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. South Asia & Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. Market Structure Analysis
- 16. Competition Analysis
- 16.1. Yara
- 16.2. Shandong Everlast AC Chemical
- 16.3. CF Industries Holding
- 16.4. Nutrient Ltd.
- 16.5. Koch Fertilizer, LLC
- 16.6. China National Petroleum Corporation
- 16.7. Praxair Technology, Inc.
- 16.8. EuroChem Group
- 17. Assumptions and Acronyms Used
- 18. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 41: Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 43: Europe Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023
Table 44: Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 46: Europe Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 47: Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 55: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023
Table 56: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 58: East Asia Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 59: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 77: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 79: MEA Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023
Table 80: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 82: MEA Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 83: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 52: Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 57: Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 58: Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 59: Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 60: Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 61: Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 62: Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 63: Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 64: Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 68: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 69: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 71: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 72: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 73: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 74: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 75: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 76: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 77: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 78: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 79: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 80: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2024 to 2034
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2024 & 2034
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Application, 2024 & 2034
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Application, 2024 to 2034
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 100: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 101: MEA Market Share Analysis by Country, 2024 & 2034
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 103: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 104: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 105: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 106: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Figure 107: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 108: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 109: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 110: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 111: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 112: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the ammonia market size in 2024?
The global market for ammonia stands at US$ 129.7 billion in 2024.
What is the projected revenue from ammonia sales for 2034?
By 2034, worldwide revenue from ammonia sales is projected to reach US$ 203.36 billion.
How fast are ammonia sales projected to increase?
Ammonia sales are forecasted to increase at 4.6% CAGR through 2034.
What is the sales forecast for ammonia in North America?
Ammonia sales in North America are forecasted to increase at 4.7% CAGR from 2024 to 2034.
At what rate is the market projected to expand in East Asia?
The market in East Asia is projected to expand at a CAGR of 5.1% from 2024 to 2034.
At what rate are ammonia sales forecasted to rise in Japan?
Sales in Japan are forecasted to rise at a CAGR of 4.3% from 2024 to 2034.
Ammonia Market