Ammonia Market Projected to Reach 210.81 Million Tons by 2030 Amidst Sustainability Initiatives and Technological Advancements

Mordor Intelligence has published a new report on the Ammonia Market, offering a comprehensive analysis of trends, growth drivers, and future projections.

The Ammonia Market is projected to be 191.97 million tons in 2025 and is anticipated to grow to 210.81 million tons by 2030, with a CAGR of 1.89% over the forecast period (2025-2030).

The ammonia industry is experiencing a major shift, driven by sustainability efforts and technological advancements. Global ammonia trade volumes are forecasted to rise from approximately 17 million tons in 2022/2023 to over 19 million tons per year in the coming years, reflecting strong market expansion and increasing international demand.

Report Overview - https://www.mordorintelligence.com/industry-reports/ammonia-market

Key Trends

1. Sustainability Initiatives Driving Green Ammonia Production

The global shift towards sustainable practices has led to the development of green ammonia, produced using renewable energy sources. This eco-friendly alternative is gaining traction as industries aim to reduce carbon footprints. The green ammonia market is projected to grow significantly, with expectations to reach 70.95 million tons by 2030, at a remarkable CAGR of 68.23% from 2025 to 2030.

2. Technological Advancements Enhancing Production Efficiency

Innovations in ammonia production technologies are improving efficiency and reducing environmental impact. Companies are investing in advanced methods and expanding capacities to meet the growing demand. For instance, CF Industries reported a nearly 20% increase in fourth-quarter profit, attributed to higher ammonia sales and the acquisition of the Waggaman production facility in Louisiana.

3. Strategic Investments and Acquisitions

The industry is witnessing strategic investments and acquisitions aimed at expanding production capabilities and market reach. Australia's Woodside Energy, for example, acquired OCI Global's clean ammonia project in Texas for $2.35 billion, supporting its transition towards green energy. The project is expected to commence production in 2025, with plans to produce lower-carbon ammonia by 2026.

4. Regional Market Dynamics

The Asia-Pacific region holds a significant share of the ammonia market, with an estimated size of 99.27 million tons in 2025, projected to reach 115.08 million tons by 2030, growing at a CAGR of less than 3%. This growth is driven by increasing agricultural activities and industrial applications in countries like China and India.

Market Segmentation

The ammonia market is segmented based on application and geography:

By Application:

• Fertilizers: Ammonia is a key component in the production of fertilizers, essential for global food production.

• Industrial Chemicals: Used in the manufacturing of various chemicals, including explosives, plastics, and textiles.

• Energy Storage: Emerging use of ammonia as a carrier for hydrogen storage and transportation.

• Refrigeration: Utilized as a refrigerant gas in industrial refrigeration systems.

By Geography:

• North America: Characterized by technological advancements and strategic investments in ammonia production.

• Europe: Focus on sustainable practices and green ammonia initiatives.

• Asia-Pacific: Largest market share due to extensive agricultural activities and industrial growth.

• Middle East & Africa: Investments in ammonia production to support agricultural and industrial sectors.

• South America: Growing demand in agriculture and emerging industrial applications.

Get a Customized Report Tailored to Your Requirements: https://www.mordorintelligence.com/market-analysis/plastics-and-polymers

Key Players

The ammonia market is highly fragmented, with several key players contributing to its growth:

• CF Industries Holdings Inc.: A leading global manufacturer of hydrogen and nitrogen products, recently expanded its capacity with the acquisition of the Waggaman ammonia facility.

• Yara International ASA: A Norwegian company specializing in agricultural products and environmental protection agents, actively involved in green ammonia projects.

• Nutrien Ltd.: The world's largest provider of crop inputs and services, producing a significant volume of ammonia for fertilizers.

• OCI N.V.: A global producer of natural gas-based fertilizers and industrial chemicals, recently divested its Texas ammonia project to Woodside Energy.

• Qatar Fertilizer Company (QAFCO): One of the world's largest producers of ammonia and urea, supplying products globally.

Industry Related Reports:

Green Ammonia Market:

The Green Ammonia Market Report is categorized based on application (Fertilizers, Maritime/Shipping Fuel, Power Generation, and Other Applications) and geography (Asia-Pacific, North America, Europe, and the Rest of the World). It provides market size estimates and volume forecasts (Tons) for all the mentioned segments.

To know more visit this link: https://www.mordorintelligence.com/industry-reports/green-ammonia-market

Ammonium Nitrate Market:

The Ammonium Nitrate Market Report is divided based on application (Fertilizers, Explosives, and Other Applications), end-user industry (Agriculture, Mining, Defense, and Other End-User Industries), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East & Africa). Market size and volume forecasts (tons) are provided for all the specified segments.

To know more visit this link: https://www.mordorintelligence.com/industry-reports/ammonium-nitrate-market

Syngas Market:

The Global Syngas (Synthesis Gas) Market is categorized by feedstock (Pet Coke, Coal, Natural Gas, and Other Feedstock Types), technology (Steam Reforming, Gasification), gasifier type (Fixed Bed, Entrained Flow, and Fluidized Bed), application (Methanol, Ammonia, Hydrogen, Liquid Fuels, Direct Reduced Iron, Synthetic Natural Gas, Electricity, and Other Applications), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East & Africa). Market sizing and forecasts for each segment are provided based on capacity volume (million metric normal cubic meters per hour (MM Nm3/h)).

To know more visit this link: https://www.mordorintelligence.com/industry-reports/syngas-market

Conclusion

The global ammonia market is poised for steady growth, driven by sustainability efforts, technological innovations, and strategic investments. As industries seek eco-friendly solutions, green ammonia production is set to play a pivotal role in meeting global energy and agricultural demands. With key players expanding capacities and exploring new applications, the ammonia market is well-positioned to adapt to evolving industry trends and contribute to a sustainable future.

or any inquiries or to access the full report, please contact:

media@mordorintelligence.com
https://www.mordorintelligence.com/

About Mordor Intelligence:

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

This release was published on openPR.