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Keen Insight for Industry Trend: Ammonia Market Value Analysis by 2027
Keen Insight for Industry Trend: Ammonia Market Value Analysis by 2027Latest market research report on Global Ammonia Market published by Global Market Monitor, offers updated COVID-19 Impacts on global or regional Ammonia market.
Ammonia is mainly used in agriculture in the form of fertilizers. It is considered to be a major source of nitrogen, which is an essential element for plant growth. It is also used in the manufacture of various liquid fertilizer solutions. The Asia Pacific region is the major producer and consumer of ammonia. China is the largest producer of this product. The U.S. is one of the world's leading producers of ammonia. In 2015, the country had more than 13 companies producing the product at its 20 plants. In the United States, about 45% of ammonia is used for nitrogen fertilizer consumption, with the remainder used to produce synthetic fiber plastics, resins, and various other chemicals. The availability of cheap natural gas in the country is expected to be a major driver of industrial growth in the region.
Ammonia is a compound of nitrogen and hydrogen, a colorless gas with a strong irritating odor. It is extremely soluble in water. Liquid ammonia is a refrigerant. Ammonia is also an important raw material in the manufacture of nitric acid, fertilizer and explosives. Ammonia is an important ingredient in many foods and fertilizers. Ammonia is also a direct or indirect component of all drugs. Ammonia has a wide range of uses, but it also has dangerous properties such as corrosiveness.
Increasing demand for ammonia in the fertilizer industry is expected to drive the industry growth. With the increasing focus on energy consuming systems, ammonia refrigeration systems have emerged as a sustainable and safe option. It is a natural refrigerant and is considered to be the most environmentally friendly refrigerant. It has zero ozone depletion potential and zero global warming potential. Ammonia also has better heat transfer properties compared to other chemical refrigerants. This allows the use of refrigerant equipment in a smaller heat transfer area, thus reducing the construction cost of the plant and the operating cost of the system.
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Competition Analysis
Major competitors of the global Ammonia market include:
OCI Nitrogen
Safco
Hualu-Hengsheng Group
LUXI
Henan Xinlianxin Group
CF Industries
Group DF
CNPC
Pusri
Koch
Anhui Haoyuan Chem Industry Group
Yara
Lutianhua Group
Hubei Yihua
MINUDOBRENIYA
TogliattiAzot
Yunnan Yuntianhua
SINOPEC
Acron
PotashCorp
Linggu Chem
Shandong Lianmeng Chem Group
Qafco
EuroChem
Rashtriya Chemicals & Fertilisers Ltd
Huaqiang Chem Group and Shanxi Jinfeng Coal Chem
Agrium
Market Segments by Application:
Fertilizer
Refrigerant
Polymer Synthesis
Others
Ammonia Market: Type Outlook
Liquid Ammonia
Gas Ammonia
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Ammonia Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Ammonia Market by Types
4 Segmentation of Ammonia Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Ammonia Market in Major Countries
7 North America Ammonia Landscape Analysis
8 Europe Ammonia Landscape Analysis
9 Asia Pacific Ammonia Landscape Analysis
10 Latin America, Middle East & Africa Ammonia Landscape Analysis
11 Major Players Profile
…
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Key Regions Overview
Major countries of North America, Europe, Asia Pacific, and the rest of the world are all exhaustive analyzed in the report. Apart from this, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
Report Key Audience
Ammonia manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Ammonia
Ammonia industry associations and research organizations
Product managers, Ammonia industry administrator, C-level executives of the industries
Market Research and consulting firms
Report Spotlights
Detailed overview of market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprints
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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