Ammonia Market Industry Analysis and Demand 2026 By Top Vendors Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., Potash Corporation of Saskatchewan Inc., Dangyang Huaqiang Chemical Co., Ltd., Shanxi Jinfeng Coal Chemical Co Ltd

Ammonia (NH3) is a compound composed of one nitrogen and three hydrogen atoms. It is usually found as a gas. It is colorless, highly soluble in water, and has a pungent odor. Ammonia is essential for many biological processes and serves as a precursor for amino acid and nucleotide synthesis. Ammonia is produced naturally through the breakdown of organic waste matter in the environment. It is used in fertilizer, chemical, pharmaceutical, pulp and paper, mining, fiber, and plastics industries. The feedstock used for ammonia production are natural gas and fuel oil.

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The global ammonia market was valued at US$ 48.99 billion in 2017 and is expected to expand at a CAGR of 5.4% in terms of revenue during 2018–2025, owing to rising ammonia production capacity across the globe. According to the International Fertilizer Industry Association (IFA), global ammonia capacity is projected to expand by 8% over 2016, to reach 234 Mt NH3 in 2021. Increase in capacity is expected in EECA, North America, and Africa by 2021.

Market Dynamics

Increasing demand for ammonia in end-use industries such as water treatment, textile, plastic, and chemical is driving growth of the global ammonia market. Ammonia is also used as a refrigerant gas for the purification of water supplies. As ammonia is used in the manufacturing of synthetic textile fibers such as nylon, rayon, and acrylics thus its demand in textile industry has positively impact on the global ammonia market. For instance, according to the India Brand Equity Foundation (IBEF), Indian textile market has increased from US$ 99 Billion in 2014 to US$137 Billion in 2016 and exhibited a CAGR of 17.6% during the period 2014-2016.

Key features of the study:

This report provides in-depth analysis of ammonia market, market size (US$ Bn), and compound annual growth rate (CAGR %) for the forecast period (2018 – 2025), considering 2017 as the base year

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
It profiles leading players in the global ammonia market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics

The global ammonia market report caters to various stakeholders in this industry including investors, suppliers, ammonia manufacturers, distributors, new entrants, and financial analysts. Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ammonia market.

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Detailed Segmentation:

• Global Ammonia Market, By Form:
o Liquid
o Gas
o Powder
• Global Ammonia Market, By Application:
o Fertilizers
o Refrigerants
o Cleansing Agents
o Explosives

Some of the key players operating in the global ammonia market include Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., Potash Corporation of Saskatchewan Inc., Dangyang Huaqiang Chemical Co., Ltd., Shanxi Jinfeng Coal Chemical Co Ltd., GTS Chemical Holdings plc.,Togliattiazot, OCI Nitrogen B.V., Agrium Inc., Sabic, and Koch Fertilizer, LLC among others.

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This release was published on openPR.