Ammonia Market to Drive USD 82.11 Billion Revenue by 2031 | Yara, CF, Shandong Everlast AC Chemical, Hangzhou Hengmao Chemical

According to QY Research announces the release of 2025 latest report "Ammonia Market". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Ammonia market, including market size, share, demand, industry development status, and forecasts for the next few years.

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The global market for Ammonia was valued at US$ 76.14 billion in the year 2024 and is projected to reach a revised size of US$ 82.11 billion by 2031, growing at a CAGR of 1.1% during the forecast period.

Ammonia, a colourless and nonflammable gas with a characteristic pungent smell, is a compound of nitrogen and hydrogen with the formula NH3. Ammonia is shipped as a liquified gas under its own vapor pressure of 114 psig. Most extensive use is in soil fertilization. This application is used in the form of salts, nitrates and urea.

Global Ammonia key players include Yara, CF, Shandong Everlast AC Chemical, Hangzhou Hengmao Chemical, DOW, etc. Global top five manufacturers hold a share over 20%. China is the largest market, with a share about 35%, followed by North America, and Europe, both have a share about 35 percent. In terms of product, Electronic Grade Aqua Ammonia is the largest segment, with a share over 40%. And in terms of application, the largest application is Agriculture Industry, followed by Rubber Industry, etc.

The purpose of this study report is to support industry experts in the global Ammonia business by looking at market developments, market position, investment possibilities, and key market drivers. The analysis includes a profile of the leading market players, as well as information on their latest product launches, product extensions, marketing strategies, business outlooks, infrastructure, and projected rival goods and services, as well as pricing trends. The study looks at emerging entrepreneurs, their strategies, and the product advancements that are driving demand for their goods and services on both local and global markets. In addition, the paper offers critical tactics for maximising possibilities and minimising dangers in the next ten years and beyond. The Ammonia market was studied using primary, secondary, and observational research methods.

At the beginning of the development of this research report, a summary of the Ammonia market is provided, along with definitions, applications, new product launches, developments, hurdles, and geographic considerations. Rising demand across several different industries is expected to fuel the industry's rapid growth. The study Ammonia market research report looks at key aspects as well as current industry trends. An additional feature is a graphical summary of significant organisations that highlights their market presence, effective marketing methods, and most recent developments in both historical and contemporary contexts.

Key Companies : -

The Ammonia Market is highly competitive with both global players and regional startups driving innovation. Key companies are focusing on:

Yara
CF Industries
Nutrien(PotashCorp and Agrium)
Group DF
Qafco
TogliattiAzot
Eurochem
Acron
Koch
Safco
Pusri
OCI Nitrogen
MINUDOBRENIYA
Rashtriya Chemicals & Fertilisers Ltd
CNPC
SINOPEC
Hubei Yihua
Yunnan Yuntianhua
Lutianhua Group
Shandong Lianmeng Chem Group
Hualu-Hengsheng Group
LUXI
Anhui Haoyuan Chem Industry Group
Linggu Chem
Henan Xinlianxin Group
Huaqiang Chem Group
Shanxi Jinfeng Coal Chem

Key Growth Drivers : -

The growth of the Ammonia Market can be attributed to several key factors. Technological advancements have played a pivotal role in shaping the market, enabling the development of more sophisticated and efficient Ammonia solutions. Additionally, increasing awareness among consumers regarding the benefits of Ammonia products has fueled demand. Furthermore, supportive government policies and regulations have created a favorable environment for market expansion.

Industry Opportunities and Challenges -

Industry Opportunities -

The Ammonia Market presents abundant opportunities for stakeholders. The continuous evolution of technology opens doors for the development of novel products and services. Emerging markets, with their growing populations and rising disposable incomes, offer vast potential for market penetration. Additionally, strategic partnerships and collaborations can help businesses expand their reach and capabilities.

Industry Challenges -

Despite its growth potential, the Ammonia Market is not without its challenges. Intense competition requires companies to differentiate their offerings and maintain a strong market presence. The need for substantial research and development investments can be a barrier to entry for some players. Furthermore, keeping pace with rapidly changing consumer preferences and technological advancements demands agility and innovation.

Detailed of Ammonia Market Segmentation :-

Segment by Type : -

Liquid Ammonia
Gas Ammonia

Segment by Application : -

Fertilizer
Refrigerant
Polymer Synthesis
Others

Regional Insights :-

The Ammonia Market provides a diverse geographical landscape, with several areas exhibiting unique market characteristics. While some locations see rapid growth due to factors like economic expansion and technical advancements, other regions may experience slower but more consistent market expansion. Market trends vary greatly throughout regions due to factors including cultural influences, legal frameworks, and population developments. Businesses looking to go global must understand these regional differences and adjust their strategy to take advantage of local opportunities.

North America: Market size, growth drivers, and key players.

Europe: Regulatory environment and sustainability initiatives.

Asia-Pacific: Rapid industrialization and demand growth.

Latin America: Emerging markets and opportunities.

Middle East & Africa: Focus on petrochemicals and infrastructure development.

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Importance of a Market Synopsis : -

Decision Making: A well-prepared Ammonia market synopsis helps businesses, investors, and professionals make informed decisions. It provides a comprehensive understanding of the Ammonia market landscape, enabling stakeholders to identify potential risks and opportunities.

Competitive Analysis: By examining the competitive landscape, a Ammonia market synopsis allows businesses to benchmark themselves against industry leaders and identify areas for improvement or differentiation. It facilitates strategic planning and Ammonia market positioning.

Market Entry: For companies considering entering a new market or launching a new product, a Ammonia market synopsis provides valuable insights into market size, customer needs, and competitive factors. It guides businesses in developing effective market entry strategies.

Investment Decisions: Investors rely on Ammonia market synopses to evaluate the feasibility and potential returns of investment opportunities. The synopsis helps them assess the market's growth prospects, competitive intensity, and long-term viability.

Knowledge Sharing: Ammonia Market synopses serve as valuable resources for industry research, academic studies, and knowledge sharing among professionals. They provide a concise summary of Ammonia market dynamics, making complex information accessible to a broader audience.

Table of Contents with Major Points : -

1. Executive Summary

1.1. Market Analysis
1.2. Global & Segmental Market Estimates & Forecasts, 2025-2031 (USD Billion)
1.2.1. Ammonia Market, by Region, 2025-2031 (USD Billion)
1.2.2. Ammonia Market, by Type, 2025-2031 (USD Billion)
1.2.3. Ammonia Market, by Application, 2025-2031 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Ammonia Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

3. Global Market Dynamics

3.1. Ammonia Market Impact Analysis (2025-2031)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Industry Analysis

4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2025-2031)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

5. Global Market, by Type

5.1. Market Analysis
5.2. Global Ammonia Market by Type, Performance - Potential Analysis
5.3. Global Ammonia Market Estimates & Forecasts by Type 2025-2031 (USD Billion)
5.4. Ammonia Market, Sub-Segment Analysis

6. Global Market, by Application

6.1. Market Analysis
6.2. Global Ammonia Market by Application, Performance - Potential Analysis
6.3. Global Ammonia Market Estimates & Forecasts by Application 2025-2031 (USD Billion)
6.4. Ammonia Market, Sub-Segment Analysis
6.4.1. Others

7. Regional Analysis

7.1. Ammonia Market, Regional Market Analysis
7.2. North America Ammonia Market
7.3. Europe Ammonia Market Analysis
7.4. Asia-Pacific Ammonia Market Analysis
7.5. Latin America Ammonia Market Analysis
7.6. Rest of The World Ammonia Market

8 Competitive Intelligence

8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Key player 1
8.2.1.1. Key In Durationation
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments

9. Research Process

9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes

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