Press release
What will be the growth scenario of Ammonium Nitrate Market by 2026?
REPORT DESCRIPTION:Ammonium Nitrate Market is a chemical compound that remains solid at standard pressure and room temperature. It is primarily used as a nitrogen fertilizer and thus, the ammonium nitrate market is expected to grow in tandem with the fertilizer industry, which in turn is dependent upon the agriculture industry, globally. Additionally, ammonium nitrate registers high demand in explosive manufacturing as an oxidizing agent, which is projected to further foster market growth in the future. Additionally, population growth alongside the increasing demand for quality food produce in limited arable land are compelling farmers to increase crop yield, which in turn has been accelerating the demand for fertilizers and subsequently, ammonium nitrate.
The global ammonium nitrate market was valued at USD 17 billion in 2018 and is expected to reach a value of USD 25 billion by 2026, with a CAGR of 4.94% during the forecast period, 2019–2026.
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The Major Players Covered in this Report:
Enaex (Chile), San Corporation (China), OSTCHEM (Austria), Incitec Pivot Limited (Australia), EuroChem Group AG (Switzerland), Yara International ASA (Norway), Neochim Plc (Bulgaria), Abu Qir Fertilizers and Chemicals Company (Egypt), URALCHEM JSC (Russia), Vijay Gas Industry P Ltd (India), Austin Powder (U.S.), Orica Limited (Australia), CF Industries Holdings, Inc. (U.S.), and Fertiberia SA (Spain)., & more....
By Application, Explosives, Fertilizer
By End User, Mining, Construction, Quarry, Agriculture
Every organization partaking within the global production of this market products is mentioned during this report to review the insights on cost-effective manufacturing methods, competitive landscape, and new avenues for applications. These essential insights assist the decision-makers in formulating better business plans and make informed decisions for improved profitability. Moreover, the analysis helps venture capitalists in understanding the businesses with a far better perspective and make aware decisions.
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2019 to 2026
The report is a valued asset for the active players, new participants, and future investors, and provides a comprehensive assessment across regions such as:
Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Ammonium Nitrate in the Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Ammonium Nitrate market during the forecast period 2017-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, North America, Europe, Asia Pacific, and Latin America, and the Middle East & Africa (LAMEA). which account for the largest share in this region. India is one of the largest producers of Ammonium Nitrate and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Ammonium Nitrate. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.
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Intended Audience:
Manufacturers
Raw Material Suppliers
Reselling Companies
Potential Investors
Research and Development Institutes
TABLES AND FIGURES:
List Of Tables:
TABLE 1 Global Ammonium Nitrate Market Share, By Resin Type, 2016 – 2026($ Million)
TABLE 2 Global Ammonium Nitrate Market Share, By Resin Type, 2016 – 2026(Units)
TABLE 3 Thermoset Ammonium Nitrate Market Share, By Region, 2016 – 2026($ Million)
TABLE 4 Thermoset Ammonium Nitrate Market Share, By Region, 2016 – 2026(Units)
TABLE 5 Proteins Ammonium Nitrate Market Share, By Region, 2016 – 2026, ($ Million)
TABLE 6 Proteins Non-liquid Coatings Market Share, By Region, 2016 – 2026, (Units)
TABLE 7 Global Ammonium Nitrate Market Share, By Coating Method, 2016 – 2026($ Million)
TABLE 8 Global Ammonium Nitrate Market Share, By Coating Method, 2016 – 2026(Units)
TABLE 9 Global Ammonium Nitrate Market through Substrate, By Region, 2016 – 2026($ Million)
TABLE 10 Global Ammonium Nitrate Market through Substrate, By Region, 2016 – 2026(Units)
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