Press release
Ammonia Market To Grow At CAGR of 6.3% By 2027 || Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., SABIC
Ammonia Market
As per the ammonia market report by The Business Research Company, the growth of the fertilizer industry is contributing to the growth of the ammonia market. Ammonia is used as ammonium nitrate fertilizer, which releases nitrogen, an essential nutrient for growing plants, including farm crops and lawns. The rapid growth in fertilizer industry is expected to boost utilization of ammonia as it is widely used in manufacturing of fertilizers.
The global ammonia market size grew from $66.85 billion in 2022 to $71.02 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The ammonia market size is expected to grow to $90.66 billion in 2027 at a CAGR of 6.3%.
Read More On The Ammonia Market Report Here:
https://www.thebusinessresearchcompany.com/report/ammonia-global-market-report
Major competitors in the ammonia market include Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., SABIC, Eurochem Group, Koch Fertilizer, LLC, China National Petroleum Corporation.
The ammonia market is segmented -
• By Product Type: Anhydrous Ammonia, Aqueous Ammonia
• By Film: Geomembrane, Agricultural Silage Films, Agricultural Mulching Films, Greenhouse Plastic Or Covering Film
• By Form Type: Liquid, Powder
• By Application Type: Fertilizers, Chemicals, Refrigeration, Pharmaceutical, Fibers and Plastics, Pulp and Papers, Other Application Types
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ammonia market.
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The ammonia market consists of sales of ammonia in the form of liquid, gas and powder. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Ammonia Market Include:
1. Executive Summary
2. Ammonia Market Characteristics
3. Ammonia Market Trends And Strategies
4. Ammonia Market - Macro Economic Scenario
5. Ammonia Market Size And Growth
6. Ammonia Market Segmentation
...........
27. Ammonia Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ammonia Market
29. Ammonia Market Future Outlook And Potential Analysis
30. Appendix
The "Global Ammonia Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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