Ammonia Market Size Set to Reach 210.81 million Tons by 2030, liquid product dominated with 95% revenue | Mordor Intelligence

According to Mordor intelligence reports, The global ammonia market volume is estimated at 193.69 million tons and is projected to reach 210.81 million tons by 2030, growing at a CAGR of 1.89% during the forecast period 2025-2030. Asia Pacific continues to lead the global ammonia market in terms of volume, supported by large-scale fertilizer consumption and extensive agricultural activity.

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Ammonia Market Trends Shaping Industry Growth

Rising Fertilizer Consumption Supporting Ammonia Market Demand

Agriculture remains the largest consumer of ammonia globally, accounting for a major share of total consumption through nitrogen-based fertilizers such as urea, ammonium nitrate, and ammonium sulfate. Growing global food demand, shrinking arable land per capita, and the need to improve crop yields are reinforcing fertilizer usage across developing and developed regions alike.

Growing Attention on Clean Ammonia and Energy Applications

Another notable trend in the ammonia market is the growing interest in clean ammonia solutions. Governments and industries are evaluating ammonia as a carrier for hydrogen and as a lower-emission fuel alternative for thermal power plants and shipping. While adoption remains limited due to cost and infrastructure challenges, pilot projects and national energy strategies in regions such as Europe, Japan, and Australia are supporting long-term interest in ammonia beyond fertilizers.

Regional Capacity Expansion and Trade Realignment

Several ammonia-producing regions are investing in capacity additions to strengthen supply security and support export demand. Natural gas-rich countries in the Middle East, North America, and parts of Eastern Europe continue to expand ammonia production to meet domestic and international requirements.

Environmental Regulations Influencing Production Techniques

Environmental policies are gradually influencing ammonia production practices. Regulations related to emissions, energy efficiency, and carbon intensity are encouraging producers to improve operational efficiency and explore lower-emission production routes. Although conventional production methods still dominate, regulatory pressure is expected to influence gradual shifts in technology choices over the forecast period.

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Ammonia Market Segments

By Application

Fertilizers: Largest application segment, driven by urea and nitrate-based fertilizers

Refrigerants: Used in industrial refrigeration systems
Industrial Chemicals: Feedstock for nitric acid, explosives, and synthetic fibers
Others: Includes water treatment, pharmaceuticals, and mining

By End-User Industry

Agriculture
Chemical Manufacturing
Food and Beverage
Pharmaceuticals
Mining and Explosives

By Geography

Asia-Pacific
North America
Europe
South America
Middle East & Africa

Asia-Pacific dominates the ammonia market due to large agricultural economies, rising population, and extensive fertilizer usage. North America and Europe follow, supported by established industrial bases and growing interest in clean ammonia applications.

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Top Key Players in the Global Ammonia Industry

CF Industries Holdings Inc.
Yara International ASA
Nutrien Ltd.
OCI N.V.
SABIC
BASF SE
EuroChem Group

These companies are actively investing in plant optimization, capacity expansion, and supply chain integration. Some market participants are also evaluating low-carbon ammonia projects to align with evolving regulatory and customer expectations.

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Conclusion: Ammonia Market Outlook Through 2030

The global ammonia market is set for steady growth, supported by its foundational role in agriculture and its expanding relevance in energy and industrial applications. Fertilizer demand will remain the key driver, particularly in emerging economies focused on improving crop yields and food security. At the same time, interest in clean ammonia is gradually adding a new dimension to long-term market discussions.

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