Press release
Australia Ammonia Market is projected to Reflect CAGR of 6.3% over the 2024
Persistence Market Research delivers key insights on the Australia ammonia market in its latest report titled, “Australia Market Study on Ammonia: Increasing Consumption in Nitric Acid Production to Drive Growth by 2024”. The ammonia market in Australia is estimated to register 5.8% Y-o-Y growth in 2016 over 2015 and is expected to expand at a CAGR of 6.3% over the forecast period (2016-2024).
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/11527
On the basis of end use, nitric acid segment is expected to exhibit relatively strong projections by 2024 end, owing to pivotal use of nitric acid both directly and as precursor to other downstream products. The segment is expected to continue to account for major value and volume shares in the Australia ammonia market throughout the forecast period, to account for 46.2% by 2024 in terms of value and expand at a CAGR of 7.9% in terms of volume during the forecast period. Ammonium nitrate segment in the Australia ammonia market is expected to be valued at US$ 172.0 Mn by 2016 end, registering 7.3% Y-o-Y growth over 2015.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/australia-ammonia-market/toc
On the basis of application, industrial chemicals segment is expected to maintain its dominance throughout the forecast period. Explosives segment is expected to register the second-highest CAGR of 7.5% over the forecast period, to reach value of US$ 298.2 Mn by 2024 end.
Western Australia is the largest market for ammonia. The market in the region is estimated to be valued at US$ 230.7 Bn by 2016 end. The ammonia market in New South Wales is anticipated to expand at a significant CAGR of 7.2% in terms of value over the forecast period.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/australia-ammonia-market.asp
Key players in the Australia ammonia market include Yara International ASA, Orica Limited, Incitec Pivot Limited, and CSBP Limited (Wesfarmers Limited). The Australia ammonia market is highly consolidated, with limited number of ammonia manufacturers and suppliers. However, major players in the market are focusing on expanding their production of ammonium nitrate to cater to demand for industrial explosives from the mining industry. Increase in ammonium nitrate production is anticipated to significantly increase demand for ammonia and nitric acid.
Global Market Study on Australia Ammonia Market is available at $3900 @ https://www.persistencemarketresearch.com/checkout/11527
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Australia Ammonia Market is projected to Reflect CAGR of 6.3% over the 2024 here
News-ID: 712581 • Views: …
More Releases from Persistence Market Research
Hyaluronic Acid Serums Market to Reach US$ 435.4 Mn by 2032, Driven by Rising Sk …
Overview of the Market
The global hyaluronic acid serums market has emerged as one of the fastest-growing segments in the skincare industry, driven by the rising consumer focus on anti-aging, hydration, and overall skin health. Valued at US$ 293.4 million in 2025, the market is projected to reach US$ 435.4 million by 2032, registering a CAGR of 5.8% during the forecast period. The surge in demand is primarily fueled by heightened…
Essential Oil Soap Market to Reach US$ 20,923.3 Mn by 2032 Driven by Rising Dema …
Overview of the Market
The global essential oil soap market is witnessing significant expansion, driven by increasing consumer preference for natural and organic personal care products. Essential oil soaps, which combine cleansing properties with therapeutic benefits derived from natural oils, are gaining traction among health-conscious consumers seeking chemical-free alternatives to conventional soaps. Valued at US$ 9,951.7 million in 2025, the market is projected to nearly double, reaching US$ 20,923.3 million by…
Automotive Actuators Market Size Worth USD 43.6 Bn by 2031, Exhibiting 6.5% CAGR …
The global automotive actuators market is undergoing a significant transformation as vehicles increasingly integrate advanced automation and control systems. Automotive actuators play a crucial role in converting electrical signals into mechanical movements, enabling critical functions such as throttle control, braking, seat adjustment, HVAC systems, and even advanced driver-assistance features. With the rapid evolution of connected and electric vehicles, demand for high-performance and efficient actuators continues to surge, driving innovation and…
Solar Backsheet Market to Reach US$5.18 Bn by 2032 with Steady Growth at 5.8% CA …
➤Overview of the Market
The solar backsheet market is witnessing accelerated growth as the global renewable energy sector expands. A solar backsheet is the outermost layer of a photovoltaic (PV) module, providing electrical insulation, weather resistance, and mechanical protection for solar cells. As demand for reliable, long-lasting solar panels rises, the backsheet has emerged as a critical component ensuring efficiency and durability. Rapid deployment of solar projects worldwide, supportive government policies,…
More Releases for Australia
Derila Memory foam pillow Australia: Honest Reviews About Derila Australia
Derila is one of the best memory foam pillows sold in Australia today.
Priced at around 30 dollars (USD), derila is currently the most reviewed and the cheapest memory pillow available in Australia.
What is Derila? Is Derila Pillow the best in Australia? Keep reading to discover everything worth knowing about Derila Australia.
OVERVIEW
Recently, Memory foam pillow has been trending and there is a lot of brands to choose from. Which one is…
CeraCare Australia - Where to Buy Legit CeraCare Supplement in Australia?
CeraCare Australia - Ceracare is a glucose support supplement that proposes to augment cardiovascular prosperity and to stay aware of perfect glucose assimilation in Australia. CeraCare supplement is conceptualized and executed by a threesome – Christine, Dr. Jihn and Michael. It is a natural supplement that helps one stay aware of ideal glucose levels, cardiovascular prosperity, and glucose assimilation.
Take Advantage of 80% Discount Offer in Australia >> https://boostsxproaustralia.com/ceracare-new
The indications…
Glucofort Australia - Where to Buy Legit Glucofort Supplement in Australia?
Glucofort Australia - Glucofort is an efficient, all-natural progressive glucose support supplement in Australia. This formula is made out of 12 key ingredients, 7 nutrients, and minerals, and a little of Vanadium. This supplement upholds regulated glucose levels and glucose digestion. Glucofort prides itself as the most inventive supplements available in Oceania, accentuating its solidarity, wellbeing, and quality.
Take Advantage of 75% Discount Offer in Australia >> https://boostsxproaustralia.com/glucofort-new
Rather than simply…
Australia Agriculture Market, Australia Agriculture Industry, Australia Agricult …
Australia Agriculture has been as vital within the development of Australia, because it was within the United States. Australia's ancient dominance in wheat and sheep continues into the 21st century. Recently Australian agriculture has become more and more diversified. The considerable expanses of productive land have helped Australia to become a number one world exporter of grains, meats, and wool. Each grains (predominantly wheat and barley) and wool markets round…
Australia Conveyor Maintenance Analysis by Top Companies Habasit Australia Pty l …
Global Australia Conveyor Maintenance Market and Competitive Analysis
Know your current market situation! Not only a vital element for brand new products but also for current products given the ever-changing market dynamics. The study allows marketers to remain involved with current consumer trends and segments where they'll face a rapid market share drop. Discover who you actually compete against within the marketplace, with Market Share Analysis know market position, to push…
Australia Conveyor Maintenance Market Analysis By Manufacturers Rema Tip Top Aus …
A conveyor system is a common piece of mechanical handling device that moves materials/objects from one location. A conveyor is often lifeline to a company’s ability to effectively move its products in a timely manner. While it is used constantly in a manufacturing plant, proper maintenance from trained technicians can extend the lifespan of conveyor. Furthermore, conveyor maintenance is essential as it may be subjected to different types of failures…
