Press release
Ammonium Nitrate Market: What are the main end-user, applications and challenges? | by Top Key Participant Yara International, Ostchem, Eurochem
Based on end-user, Ammonium Nitrate Market has been further segmented as civil construction, mining & quarrying, agriculture and others such as pyro techniques, defense, etc. Ammonium nitrate is used in manufacturing process of explosives that are used for mining applications. U.S. and China are the major countries involved in mining activities. The growth in mining activity in these countries will create further opportunities, leading to around 5% CAGR of the mining and quarrying sector.Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/818
The product ammonium nitrate market growth may be hindered due to the availability of the substitutes and fluctuating raw material prices over the forecast time frame. The availability of the substitute products including urea, NPK (nitrogen, phosphorous, and potassium) fertilizers, etc. may slow down the market growth. Due to hazardous and explosive nature of the product, it is governed by stringent governmental regulations which will further drive the need for alternative products in the upcoming years.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Yara International ASA
2. Orica Limited
3. Enaex S.A
4. CF Industries Holdings, Inc
5. Incitec Pivot Limited
6. Neochim Ad
7. Austin Powder International
8. EuroChem Group AG
The industry has been categorized according to product and end-use. High density ammonium nitrate (HDAN) is expected to have the largest share among the product segments and will grow at approximately 5.5% CAGR in the upcoming years. Owing to its non-porous structure and purified state, HDAN is used as an oxidizing agent in wet environment.
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Chapter 4. Ammonium nitrate Market, Application by Product
4.1.Global ammonium nitrate market product insights
4.2.High Density
4.2.1.Market estimates and forecast, 2014 – 2025
4.2.2.Market estimates and forecast, by end-user, 2014 – 2025
·Agriculture
·Mining & quarrying
·Civil construction
·Others (defense, pyrotechniques, etc.)
4.2.3. ammonium nitrate market estimates and forecast, by region, 2014 – 2025
4.3.Low Density
4.3.1.Market estimates and forecast, 2014 – 2025
4.3.2.Market estimates and forecast, by end-user, 2014 – 2025
·Agriculture
·Mining & quarrying
·Civil construction
·Others (defense, pyrotechniques, etc.)
4.3.3. ammonium nitrate market estimates and forecast, by region, 2014 – 2025
4.4.Solution
4.4.1.Market estimates and forecast, 2014 – 2025
4.4.2.Market estimates and forecast, by end-user, 2014 – 2025
·Agriculture
·Mining & quarrying
·Civil construction
·Others (defense, pyrotechniques, etc.)
4.4.3. ammonium nitrate market estimates and forecast, by region, 2014 – 2025
Chapter 5. Ammonium nitrate Market, By End-user
5.1.Global ammonium nitrate market end-use insights
5.2.Agriculture
5.2.1. ammonium nitrate market estimates and forecast, 2014 - 2025
5.2.2.Market estimates and forecast, by region, 2014 – 2025
5.3.Mining & quarrying
5.3.1.Market estimates and forecast, 2014 - 2025
5.3.2.Market estimates and forecast, by region, 2014 – 2025
5.4.Civil construction
5.4.1.Market estimates and forecast, 2014 - 2025
5.4.2.Market estimates and forecast, by region, 2014 - 2025
5.5.Others (defense, pyrotechniques, etc.)
5.5.1. ammonium nitrate market estimates and forecast, 2014 - 2025
5.5.2.Market estimates and forecast, by region, 2014 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/ammonium-nitrate-market
Europe held the largest share among all the regions due to rising building and infrastructure activities in major European countries. Growing construction industry will further create an opportunity for the product in the region owing to its wide usage as an explosive in construction industry. Asia Pacific will also be a key region due to growing mining activities in Asian countries and proliferation of the agriculture sector in the emerging countries, which will further push the product demand across the region. Latin America will also increase its market share in the forecast time period owing to rising demand for the explosive products in the major countries.
Fertiberia, Yara International, Ostchem, Eurochem, CF Industries Holdings, Austin Powder International, Orica are some of the key ammonium nitrate market participants.
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