Press release
Ammonia Market to reach USD 209596.02 kilotons by 2029, emerging at a CAGR of 2.05 percent and forecast (2023-2029)
Ammonia Market
The comprehensive report delves into the various facets of the ammonia market, encompassing market dynamics, segment analysis, regional insights, and the impact of key drivers and restraints.
The report employs robust research methodologies to gather and analyze data, providing stakeholders with accurate and actionable insights into the global ammonia market.
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What are Ammonia Market Dynamics:
In 2022, over 88% of ammonia was consumed as fertiliser in the United States, either as salts, solutions, or anhydrously. It helps enhance the yields of crops like maize and wheat when sprayed to the soil. Anhydrous ammonia accounts for 30% of agricultural nitrogen sprayed in the United States, and 110 million tonnes are applied globally each year. In 2020, the global demand for fertilizer nutrients was 201.66 million tons, which directly represent growth in the agricultural activities significantly to meet the population demand particularly during the COVID-19 pandemic period. Thus, the rising demand of fertilizers to support the growth of the global agriculture industry is directly associated with the consumption of food via growth in population and GDP, driving the consumption of ammonia.
Ammonia Market Regional Insights:
China:
China, boasting the largest economy in the Asia-Pacific region, exhibits robust agricultural activities, driving demand for ammonia as a fertilizer. Additionally, the country's increasing need for refrigeration, fueled by growing cold storage logistics, contributes to heightened ammonia demand.
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What is Ammonia Market Segmentation:
by Type
Liquid Ammonia
Gas Ammonia
by Application
Fertilizer
Intermediate to nitrogenous compound
Cleaner
Fermentation
Anti-microbial agent
Refrigerant
Fuel
Stimulant
Textile
Lifting gas
Wood working
Who are Ammonia Market Key Players:
1. CF Industries Holdings Inc.
2. Yara
3. Nutrien Ltd.
4. OCI Nitrogen
5. OSTCHEM
6. Group DF
7. OCI NV
8. EuroChem Group AG
9. SABIC
10.Acron
11.Orica Limited
12.Uralchem JSC
13.AB Achema
14.Togliattiazot
15.Qatar Fertilizer Company
16.Koch Fertilizer
17.Others
Table of content for the Ammonia Market includes:
1.Global Ammonia Market : Research Methodology
2.Global Ammonia Market : Executive Summary
Market Overview and Definitions
● Introduction to the Global Market
● Summary
● Key Findings
● Recommendations for Investors
● Recommendations for Market Leaders
● Recommendations for New Market Entry
3.Global Ammonia Market : Competitive Analysis
MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A by region
● Key Developments by Companies
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
● Market Dynamics
● PORTERS Five Forces Analysis
● PESTLE
● Regulatory Landscape by region
● North America
● Europe
● Asia Pacific
● Middle East and Africa
● South America
● COVID-19 Impact
4.Company Profile: Key players
Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
● Past Pricing and price curve by region (2022 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2022-2029
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations
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About Maximize Market Research:
Maximize Market Research is a multidisciplinary market research and consulting company staffed by professionals from various industries. Its coverage spans medical devices, pharmaceutical manufacturing, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automation systems. The company provides industry-verified market estimations, technical trend analysis, essential market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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