Press release
Ammonium Nitrate Market Size, Share, Development by 2024
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Ammonium Nitrate is a chemical compound with the formula NH4NO3. It is composed of nitric acid and salt of ammonia. In room temperature, ammonium nitrate appears in a white crystalline form and it is also colorless. These crystals are rhombohedra in shape but when they are subjected to temperatures above 32 degrees Celsius, they change to monoclinic crystals.
Scope of the Report:
The ammonium nitrate industry concentration is not very high; there are many manufacturers in the world. Leading players in ammonium nitrate industries are Orica, IPL (Dyno Nobel), EuroChem, OSTCHEM Holding and Uralchem. EuroChem is the largest manufacturer, with the market share of 5.60% in 2016.
Due to the wide downstream consumption of the ammonium nitrate, it has large production. Recent years, there are some companies starting to research and development the product. At present, the top 5 companies account for about 19% of global market share in ammonium nitrate field.
The global price of ammonium nitrate decreased in the past five years, It is from 319 $/MT in 2012 to 202 $/MT in 2017. As for product prices, the decreasing trend in recent years will continue in the next few years, as the price hike in raw materials.
The worldwide market for Ammonium Nitrate is expected to grow at a CAGR of roughly -0.1% over the next five years, will reach 11700 million US$ in 2024, from 11750 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Ammonium Nitrate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
EuroChem
Uralchem
OSTCHEM Holding
Borealis
Acron
Yara
SBU Azot
Incitec Pivot
Zaklady
Orica
CF Industries
CSBP
Enaex
KuibyshevAzot
Minudobreniya(Rossosh)
DFPCL
Xinghua Chemical
Liuzhou Chemical
Jiehua Chemical
GESC
Holitech
Jinkai Group
Urals Fertilizer
Sichun Chemical
Shangxi Tianji
Fujian Shaohua
Sichuan Lutianhua
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Ammonium Nitrate Solution
Ammonium Nitrate Solid
Market Segment by Applications, can be divided into
Ammonium Nitrate Fertilizer
Ammonium Nitrate Explosive
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-ammonium-nitrate-market_p144386.html
Related Information:
North America Ammonium Nitrate Market Growth 2019-2024
United States Ammonium Nitrate Market Growth 2019-2024
Asia-Pacific Ammonium Nitrate Market Growth 2019-2024
Europe Ammonium Nitrate Market Growth 2019-2024
EMEA Ammonium Nitrate Market Growth 2019-2024
Global Ammonium Nitrate Market Growth 2019-2024
China Ammonium Nitrate Market Growth 2019-2024
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