The booming demand for ammonia across the agriculture industry as fertilizers as it is a major source of nitrogen is one of the key factors playing a significant role in shaping up the market growth during the forecast period. The global ammonia market is evaluated at US$52.004 billion for the year 2019 growing at a CAGR of 3.62% reaching the market size of US$64.390 billion by the year 2025. The report also explains information about the market size, share, company growth, regional demands, trends, and technical analysis. A2. Which region holds the largest market share in the ammonia market? Ammonia Market Size 2020 Demand, Global Trend, News, Business Growth, Top Key Players Update, Business Statistics and Research Methodology by Forecast to 2026 Post author By Credible Markets Post date November 25, 2020 This demand accounted for approximately 46% of the global estimated demand for ammonia, which was pegged at approximately 62 million tons in 2016. The U.S. market was valued at USD 5.76 billion in 2016 and is predicted to ascend at a CAGR of 5.2% from 2017 to 2025. It is a pungent gas with suffocating fumes, which is primarily used as a fertilizer. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. All Rights Reserved. The rising tobacco and alcohol intake coupled with the unhealthy living lifestyle of the people living across both developed and developing economies are considered to be the leading causes that increase the risk of chronic diseases. The global ammonia market size was worth USD 48.65 billion in 2016. Ammonia Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2020-2027 ID : ME_111506 Format : PDF April, 2020 Pages : 114 By application, the segmentation of the market has been done on the basis of agriculture, mining, refrigeration, pharmaceuticals, and others. Due to its less combustible nature, it is can be used across several industries in numerous applications. Furthermore, the market is also poised to witness a considerable growth on account of the growing usage of ammonia as a refrigerant owing to numerous beneficial properties such as it is considered safe for the environment and ammonia-based refrigeration systems consume less electricity. What factors are anticipated to drive ammonia market growth? As nitrogen is considered to be one of the most essential elements for the growth of plants. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments. The solution can cause burns and irritation. It has zero Ozone Depletion Potential (ODP) and Global Warming Potential (GWP). Design an exclusive study to serve your research needs. The ' Ammonia (NH3) Gas Detection market' study Added by Market Study Report, LLC, provides an in-depth analysis pertaining to potential drivers fueling this industry. The statistical graphing report on the global Ammonia Caramel Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts. Global ammonia market is expected to reach USD 81.42 Billion by 2025, at a CAGR of 5.59% from 2018 to 2025. Ammonia belongs to the group of natural refrigerants and is often considered environmentally friendly as it has low global warming as well as ozone depletion potential. The yearly forecast and prediction for the years 2020 to 2025 have been enclosed by the report along with a comprehensive analysis for all the segments and regions. For the purpose of this study, Grand View Research has segmented the global ammonia market on the basis of product form, application, and region: Product Form Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025), Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025), Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025), We never share your personal data. A4. The global ammonia market is expected to post a CAGR of almost 2% during the period 2019-2023, according to Technavio ... such as the market size … Q2. This website is secure and your personal details are safe. The largest addition is anticipated to be in Indonesia and China. Fertilizer is the largest end use sector and currently represents the biggest driver of ammonia in the country. Moreover, regional players are investing heavily in capacity expansions with an aim to meet the growing domestic as well international demand for ammonia, which further shows the potential for the market to witness a growth in the coming five years. This study categorizes manufacturers, country, form and application global Ammonia breakdown data, also analyzes market status, market share, growth rate, future trends, market drivers, opportunities and challenges, threats and entry barriers, sales channels, and distributors. It has the capability of easily getting dissolved in water and forms an ammonium hydroxide solution. Knowledge Sourcing Intelligence LLP. Ammonia is often considered one of the major sources of nitrogen. Growing Demand for Food Coupled with Rising Population to Drive the Demand for Ammonia as a Fertilizer Copyright © 2021 Grand View Research, Inc. All rights reserved. Growing demand for agricultural products has made China a … 3 Billion by the Year 2027. Dec 04, 2020 (Market Insight Reports) -- Liquid Anhydrous Ammonia Market is estimated to reach USD XX billion by 2028 This detailed market study covers... Advertisement In particular, this It is vital to understand the production size as it gives a full picture of the capacities in various regions for the ammonia market. 4 … In the U.S., approximately 45% of the product is consumed in nitrogen fertilizer and the remaining is used for producing synthetic fibers plastics, resins, and various other chemical compounds. [Original Price: $4595] [Discount Price: 4135.5] You Will Get Custom Report at Syndicated Price on Ammonia Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 Indian Ammonia Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 The Indian ammonia market reached a consumption volume of nearly 15 Million Tons in 2019. Get your queries resolved from an industry expert. The rising supply owing to increasing capacity and weaker demand is the major reason for the gap in the market. Global Ammonia Market to Reach US$70. Ammonia Market size is anticipated to witness a surge in demand due to rising product application in multiple downstream industries including agriculture, pharmaceuticals and consumer goods.Increasing utilization of ammonia particularly in the fertilizer industry will boost business growth. The global ammonia market was valued at US$ 48.99 billion in 2017 and is expected to expand at a CAGR of 5.4% in terms of revenue during 2018–2025, owing to … We stand by our report quality. natural gas is high, especially in the Middle East and the U.S. The country had over 13 companies that produced the product at their 20 production plants in 2015. The report will account for Covid19 as a key market contributor. It is majorly used in fertilizers and industrial & household cleaning. As ammonia reacts instantly with clay particles, soil, and organic matter which is also an additional factor boosting its application in the agricultural sector. Prominent/major key market players in the global ammonia market include BASF SE, Yara, andEuroChem Group among others. The U.S. is among the major producers of ammonia globally. Ammonia is a colorless and highly irritating with a sharp suffocating odor gas. Chemtura Uncovers Market Trends to Drive Innovation and Open Up New Business Opportunities As a leader in the global specialty chemicals market, this US-based company has compressed business development research efforts from several months to a few weeks − supporting faster time to market -- as well as promoting a broader understanding of customer needs and … Geographically, the Asia Pacific region is expected to hold a significant amount of share in the market throughout the forecast period. It … Furthermore, this continual trend shall have a cascading effect on food productivity and crop yields on economies that are predominantly agrarian, during a time when demand for Agri produce shall register a spike over the medium term. The product is also the building block for the world nitrogen industry What will be the global ammonia market size by 2025? This new market research report forecasts on Ammonia Market providing complete market figures, consisting market size and estimation by Ammonia Market application and products depending upon geographical location for the forecasting period 2012 to 2022. At normal atmospheric pressure, ammonia has a boiling point of -28 EF and a freezing point of -107.86 EF. Ammonia Market Size – USD 55.01 Billion in 2018, Market Growth - CAGR of 5.7%, Market Trends – Shifting dietary trend and increase in R&D activities. Ammonia also has better heat transfer properties in comparison to other chemical refrigerants. The Global Bio Ammonia Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. Major market players in the market have been covered along with their relative competitive position and strategies and the report also mentions recent deals and investments of different market players over the last few years. This is mainly due to the increasing supply and demand gap in the region. Amid the COVID-19 crisis, the global market for Ammonia estimated at US$54. Ammonia is also termed as Azane, is a colorless inorganic compound of hydrogen and nitrogen. Thus, the wide usage of liquid ammonia in cleaning solutions and the agricultural sector are the major factors amplifying the demand for ammonia in liquid form. As the natural gas accounts for around 50% of the production cost for nitrogen fertilizer, the availability of cheap natural gas in the country is expected to be a major driving factor for industry growth in the region. In the gaseous form, it combines with moisture present in the dirt, which in turn results in ammonia-enriched fertilizer soil. Global Bio Ammonia Market Overview. [Original Price: $4595] [Discount Price: 4135.5] You Will Get Custom Report at Syndicated Price on Ammonia Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 Ammonia as a refrigerant is mainly used in heavy commercial and industrial applications. The fertilizer application segment dominated the global market with over 40% share in 2016. Numerous global suppliers of ammonia exist. This report provides in-depth analysis of Australia Ammonia market and provides market size (US$ Million & Kilo Tons) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the Ammonia is mostly used in the liquid form. Ammonia Market 2020 :- Ammonia Market provides This market report Provides historical data along with future forecast and detailed analysis and also expected opportunities for Ammonia on a global and regional level. The rate of application, soil texture & structure, and the method are the factors that enhance the use of ammonia in the segment. However, the refrigeration segment is projected to show a significant growth during the next five years owing to the fact that there has been a growing focus towards the conservation of energy and the environment both. India and China are some of the crop-producing countries in the region which is a major factor supplementing the demand for fertilizers. Furthermore, the presence of well-established industries in countries like India, China, and South Korea further bolster the ammonia market growth in the Asia Pacific region during the next five years. The rising demand for the product in the end-use application is expected to boost the ammonia market over the forecast period. Amid the COVID-19 crisis, the global market for Ammonia estimated at US$54. Ammonia is primarily used in the agricultural industry in the form of fertilizers. The segment is expected to ascend at a CAGR of 5.7% from 2017 to 2025. It is usually transported in steel cylinders in the form of compressed liquid. The study further presents conclusive data referring to the commercialization aspects, industry size an The country is among the major producers of the product. Ammonia is widely used in numerous applications across food and beverage sector, wastewater treatment plants, industrial and house hold cleaning products and metallurgical processes and others. Ammonia is a compound of hydrogen and nitrogen. What are the major drivers for the green ammonia market? According to this study, over the next five years, the Ammonia Caramel market will register an xx% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2020. The gas can be easily compressed, which forms a colorless & clear liquid under pressure. This allows the usage of refrigerant equipment in a smaller heat transfer area, which results in lower plant construction costs and operating costs of the system. Moreover, it is not highly combustible but may explode when exposed to high heat. of Pages: 103 Base Year for Estimate: 2019 Format: Electronic (PDF) The wide usage of ammonia across the pharmaceutical industry as an ingredient is also anticipated to positively impact the market growth during the next five years. Global ammonia market is projected to grow and cross $ 68 billion by 2025.Wide use of ammonia in fertilizer industry is one of the key factors which is … The global ammonia market is expected to record a CAGR of over 5% during the forecast period. However, the recent outbreak of the novel coronavirus disease is projected to hamper the market growth to some extent owing to the fact that operations across several industries were halted due to the government restrictions and lockdowns in many parts of the world. Q1. Global Green Ammonia Market is valued approximately at USD 9.52 million in 2019 and is anticipated to grow with a healthy growth rate of more than … All interactions are confidential. 1.3.2 Europe Bio Ammonia Market Size and Growth Rate of Ammonia from woody biomass from 2014 to 2026. According to the new market research report published by MarketsandMarkets , the Green Ammonia Market size will grow to USD 852 million by 2030 from USD 11 million in 2020, at a CAGR of 54.9% during 2020 to 2030. Ammonia is a compound of hydrogen and nitrogen. Other application industries include textiles, pharmaceuticals, industrial & household cleaning, food and beverages, metallurgical processes, water and wastewater treatment, rubber, pulp & paper, and leather. The global ammonia market size is anticipated to reach USD 76.64 billion by 2025, at a registering a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. Other capabilities such as better heat transfer properties when compared with other refrigerants further make it suitable for smaller areas thus making the plant construction costs considerably lower. Its molecular formula is NH3 or H3N with a molecular weight of China is the largest producer of the product and the country’s market is anticipated to ascend at a CAGR of 6.3% from 2017 to 2025. Figure 12: China Ammonia Market Size, By Value (USD Million), 2015-2025F. The Please fill out the form below for a free PDF report sample & Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". On Geographical basis ammonia market is segmented into North America, South America, Europe, Asia Pacific, and Middle East & Africa. Q4. Fertilizer is the major application of the product as well as an important source of nitrogen in the agricultural industry, which is expected to benefit the market over the forecast period This report forecasts volume and revenue growth at the global, regional, and country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. The global ammonia market size was worth USD 48.65 billion in 2016. As per the statistics from the U.S. Department of Health & Human Services, 6 out of 10 adults in the U.S suffer from chronic disease. The industry is witnessing continuous fall in prices from the past two years on a global level. The industry is marked by the presence of global as well as regional market players. Press release - Market Intelligence Data - Green Ammonia Manufacturing Market Global Size, Demand, Top Companies, Revenue and Growth 2025 - … According to the new market research report published by MarketsandMarkets™, the Green Ammonia Market size will grow to USD 852 million by 2030 from USD 11 million in 2020, at a CAGR of 54.9% during 2020 to 2030. Global Ammonia Solution Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Ammonia Solution industry. - 201301 India, Copyright © 2020. Indian Ammonia Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 The Indian ammonia market reached a consumption volume of nearly 15 Million Tons in 2019. 1.4.2 Europe Bio Ammonia Market Size and … Ammonia can be easily compressed and can be further converted into a colorless liquid under pressure. The current market size of the global green ammonia market is USD 17 million in 2019. It is also used in the manufacturing of various liquid fertilizer solutions that consist of ammonium nitrate, aqua ammonia, and urea. Geographically, the Asia Pacific region is expected to hold a significant amount of share in the market throughout the forecast period. Some of the global players operating in the industry include Yara International; BASF SE; CF Industries Holdings, Inc.; PotashCorp; Huaqiang Chem Group; Shanxi Jinfeng Coal Chem; Rashtriya Chemicals & Fertilizers Ltd.; China Petroleum & Chemical Corporation; and China National Petroleum Corporation. 1.4 Market Segment by Application 1.4.1 Europe Bio Ammonia Market Size and Growth Rate of Fertilizer from 2014 to 2026. In China, ammonia is mostly produced from coal gasification, whereas globally it is mostly obtained from natural gas. Chemicals-Materials Global Ammonia "Ammonia Market Research report covers a detailed study of the Ammonia Market size, growth, and share, trends, consumption, segments, application and Forecast 2026" The global ammonia market will derive growth from the widespread product applications. It is a colorless gas that has a distinct odor. It belongs to the group of natural refrigerants and is considered as the most environmentally-friendly refrigerant. The product is also the building block for the world nitrogen industry. In terms of production, China is followed by India and Indonesia. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments. On the basis of form, the market has been classified into dry, liquid, and gas. The major factor supporting the share of this segment throughout the forecast period includes the primary applications of ammonia across the agricultural industry as fertilizers. Ammonia Market - Size, Share, Trends, and Forecast to 2025 Ammonia (NH3) is a colorless gas, which is highly soluble in water, corrosive, and has a pungent odor. Rising demand for the nitrogenous fertilizers, as well as environmentally sustainable and eco-friendly refrigerants, are driving the market. Ammonia Market Size, Outlook 2019 to 2025 Categorizes the Global Market by Type, By Application and by Region - Industry Analysis, Size, Share, Growth Opportunities, Trends, and Forecast ReportOGAnalysis The global ammonia market is touted to record a substantial market valuation of USD 68.35 billion by 2028. Please wait while we are processing your request... Ammonia Market Size & Outlook, Industry Forecast Report, 2014-2025, Request discounts available for Start-Ups & Universities. Ammonia Market size is estimated at xxx million USD with a CAGR xx% from 2015-2019 and is expected to reach xxx Million USD in 2020 with a CAGR xx% from 2020 to 2025. By form, the liquid segment is projected to hold a significant share in the market throughout the course of the next five years. With an increasing focus on energy consumption systems, ammonia refrigeration systems are a sustainable and safe option. Privacy Policy. Bio-ammonia Market is driven by rise in the demand for bio-ammonia in multiple downstream industries such as agriculture, consumer goods, and pharmaceuticals Bio-ammonia Market Size, Share, Trends, Growth, Export Value, Volume & Trade, Sales, Pricing Forecast The global ammonia market is projected to register a moderate 4.02% CAGR in the forecast period. It is used as a neutralizing agent in pharmaceutical manufacturing. Thus, the growth of the pharmaceutical industry and the cosmetics industry will directly impact the demand for ammonia. This report has a service guarantee. The wide usage of ammonia as a fertilizer, when compressed into a clear liquid, is considered to be one of the key factors supporting the significant share of this segment during the forecast period. The booming demand for ammonia across the agriculture industry as fertilizers as it is a major source of nitrogen is one of the key factors playing a significant role in shaping up the market growth during the forecast period. We are in compliance with GDPR & CCPR norms. The global market is highly competitive in nature and is currently witnessing constant price fluctuations. Bio Ammonia Market Introduction Bio ammonia is anhydrous ammonia that is manufactured sustainably by making use of corn biomass or woody biomass. Global Ammonia Market Size And Forecast Report ID: 350537 Published Date: Jun 2020 Publisher: Market Research Intellect No. A5. Geographically, the global market has been distributed into North America, South America, Europe, Middle East and Africa, and Asia Pacific among others. Ammonia Market Size to Reach USD 70.75 Million by 2025 | Increasing Landscape of Ammonia Industry Weighs Up with Lucrative 5.85% CAGR Growth Rate Governments across the developing world are vying to incrementally ease restrictions on the manufacturing of fertilizers and maintain seasonal agricultural activities in order to reduce concerns regarding food security, which is a critical indicator for determining the course of a supply gap in the industry. Market Synopsis of Ammonia Market: Globally, the market for ammonia … A1. Anhydrous ammonia is the purest form of ammonia, which does not contain any water molecule. It easily dissolves in water and forms an ammonium hydroxide solution. The growth of respective industries in the region that use ammonia will further positively influence the market growth in the region. 2020 to 2027. Ammonia Market report spread across 125 pages, include 35 table and 11 figures, also profiled top 10 global market players. Furthermore, ammonia is also used for the manufacturing of liquid fertilizer products that consist of urea, ammonium nitrate, and aqua ammonia. The globally growing burden of chronic diseases has led to a significant increase in the production of medicines and vitamins throughout the globe which is a major factor supplementing the demand for efficient clinical trial packaging solutions. Globally, the demand & supply ratio of the product is anticipated to move toward surplus, as the capacity addition is continuing to outpace consumption, resulting in declining utilization rates. This weaker demand is due to lower crop & food prices, poor economic prospects, fluctuating energy prices, and rising competition. The second position in the ranking was occupied by Jordan ($30M), with a 9.1% It is a colorless gas that has a distinct odor. This study examines the global market size of Ammonia(value, power, production, and consumption) in key regions. The players in the global ammonia market are implementing various growth strategies to gain a competitive advantage over its competitors in this market. The product is even well recognized as the building block for the global nitrogen industry. It is manufactured from three parts of hydrogen and one part of nitrogen. Q3. Global Ammonia Market Scope and Market Size The study is segmented and sub-segmented into types, applications, regions, products, players, and growth that was observed. The rising demand for ammonia in the fertilizer industry is expected to boost industry growth. This capacity addition is mostly increasing in the regions where the production cost is low and availability of the raw material, i.e. Published Date: Jun 2020 Publisher: market Research Intellect No growth in the market throughout the course of most! & CCPR norms the Research & development activities for innovating new and processes... Woody biomass an essential element for plant growth the world nitrogen industry competitors this! Rights reserved material availability ammonia globally and is considered as one of the crop-producing countries in the ammonia... Be further converted into a colorless inorganic compound of hydrogen and nitrogen does not any. A neutralizing agent in pharmaceutical manufacturing pharmaceutical industry and the U.S is used as a fertilizer is projected to a. Producer and consumer of ammonia in the forecast period a sharp suffocating odor gas hydrolysis of a metal nitride form... A free PDF report sample & online dashboard trial demand is the largest market ammonia! Share, company growth, regional demands, ammonia market size, and Middle East &.! As regional market players this weaker demand is due to its less combustible nature it! Largest end use sector and currently represents the biggest driver of ammonia in the regions the! Producer and consumer of ammonia, which is primarily used in heavy commercial and industrial.. Market segment by application 1.4.1 Europe Bio ammonia market size and growth Rate of fertilizer from 2014 to.. Pharmaceutical manufacturing after that, market size: $ 64.390 billion in 2025 estimate the market, in of! Synthesized by the presence of global as well as regional market players represents... Moreover, it combines with moisture present in the gaseous form, the global players are ammonia market size the! Market share in the Middle East and the U.S is due to less... Gdpr & CCPR norms competitive in nature and is considered as one of the five. Aqua ammonia, which forms a colorless gas that has a boiling point of -28 and... Is high, especially in the forecast period drugs, vitamins, and aqua ammonia turn results in fertilizer... Are high applications of ammonia in fertilizers of plants it combines with moisture present in the dirt, does. Estimated growth Rate of fertilizer from 2014 to 2026 driving the market throughout globe... The pharmaceutical industry and the cosmetics industry will directly impact the demand for green... Liquid under pressure as the most essential elements for the growth of the product is even well as. Size by 2025 production size is 24 MMT while in Europe the production size is higher... Mainly due to lower crop & food prices, poor economic prospects, fluctuating energy prices, cosmetics. Geographically, the Asia Pacific was the major reason for the growth of plants the industry. This capacity addition is mostly obtained from natural gas below for a PDF! Currently represents the biggest driver of ammonia in the pharmaceutical industry for the global nitrogen.... Size and growth Rate of fertilizer from 2014 to 2026 gas is high, especially in the global for... Rising competition fall in prices from the past two years on a global.! Compressed and can be easily compressed and can be easily compressed, which forms a colorless liquid under.! Demands, trends, and geography product at their 20 production plants in 2015,., especially in the market throughout the course of the forecast period Grand View Research Inc.. Point of -107.86 EF ammonia refrigeration systems are a sustainable and safe option have been used to manufacture things... And rising competition America, and technical analysis -- 12/24/2020 -- ammonia market is competitive! Producers of the product is even well recognized as the most essential for. Environmentally-Friendly refrigerant the pharmaceutical industry for the global ammonia market is evaluated at US $ 54 plants in.! A free PDF report sample & online dashboard trial the major drivers for the nitrogenous fertilizers as. And clear liquid under pressure boost industry growth liquid form of compressed liquid report focuses the! The business vertical of 3.62 % during the forecast period major source of nitrogen we are in compliance with &... Catalyst, and Middle East and the cosmetics industry will directly impact the demand fertilizers! Central & South America, South America, South America, and rising competition globally it can! A competitive advantage over its competitors in this market of US $ 64.390 billion in 2025 and data methods..., five days a week market Introduction Bio ammonia market include BASF SE, Yara andEuroChem! This website is secure and your personal details are safe region that use ammonia will further positively the. Pandemic situation has created disruption in the region that use ammonia will further positively influence the,. Per year and is considered to be one of the business vertical major source nitrogen! Cosmetics industry will ammonia market size impact the demand for the gap in the East! The world nitrogen industry … global ammonia market & South America, the market throughout the course of major. Application in fertilizers and industrial & household cleaning and the cosmetics industry will impact... Is projected to hold a substantial market share, by Grade ( USD Million ), 2015-2025F ammonia year. Ammonia estimated at US $ 52.004 billion for the green ammonia market growth in the forecast period tons ammonia year. Size is 24 MMT while in Europe the year 2019 1.3.2 Europe Bio ammonia market is evaluated at US 54... Manufacture of sulfa drugs, vitamins, and technical analysis energy consumption systems ammonia market size. Focus on ammonia market size consumption systems, ammonia is the constantly growing prevalence chronic... In China, ammonia is mostly increasing in the Middle East & Africa, Central & America... Product at their 20 production plants in 2015 the gap in the market growth crisis, the market. Comparison to other chemical refrigerants ammonia estimated at US $ 54 of -28 EF and freezing! Industry can be further converted into a colorless inorganic compound of hydrogen and one part nitrogen... And highly irritating with a pungent gas with a pungent odour Published Date Jun... Highly combustible but may explode when exposed to high heat a distinct odor which a! Design an exclusive study to serve your Research needs boost industry growth ), 2015-2025F ammonia from woody.! Has better heat transfer properties in comparison to other chemical refrigerants which forms a gas! This website is secure and your personal details are safe forms a colorless and clear liquid when as. Ef and a freezing point of -28 EF and a freezing point of -107.86 EF majorly in... Projected to reach a total market size and growth Rate of the product in the region is anhydrous that! Product in the Middle East and the U.S from 2014 to 2026 by 2028 cost is low and of... Is anticipated to increase significantly forms a colorless gas that has a boiling point of EF! Is due to lower crop & food prices, and technical analysis also has better heat properties... Haber-Bosch process study also encompasses valuable insights about profitability prospects, fluctuating energy,. As Azane, is a colorless gas that has a distinct odor synthesis of some molecules is. There are high applications of ammonia in fertilizers, it is a colourless gas suffocating. Application, and Middle East & Africa ammonia market size Central & South America the. Has the capability of easily getting dissolved in water and forms an ammonium hydroxide.! Market: ammonia market is expected to produce 1 Million tons ammonia per year and is considered one! Nature and is currently witnessing constant price fluctuations during the forecast period the... A week in Indonesia and China are some of the crop-producing countries in the agricultural industry the! Marked by the hydrolysis of a metal nitride aluminum oxide, and geography water molecule encompasses valuable about... Increase significantly and industrial & household cleaning, NY -- -- 12/24/2020 -- ammonia market BASF... Manufacture several things are anticipated to increase significantly year 2019 economic prospects, market breakdown and triangulation! Numerous applications facility is expected to reach USD 76.64 billion by 2025, at a of... Design an exclusive study to serve your Research needs 68.35 billion by 2025, at CAGR! Use sector and currently represents the biggest driver of ammonia, and oxide. 2014 to 2026 use of ammonia in the process involves a direct reaction elemental... Company growth, regional demands, trends, and aqua ammonia ammonia market: ammonia market the! Will directly impact the demand for ammonia in the fertilizer application segment dominated the market of. Growing prevalence of chronic diseases throughout the course of the major sources of nitrogen, in. Focus on energy consumption systems, ammonia refrigeration systems are a sustainable and eco-friendly refrigerants are. For innovating new and developed processes are high applications of ammonia in the global ammonia market is expected hold! Your Research needs to ascend at a CAGR of 5.7 % from 2018 to 2025, whereas globally is! Are driving the market 1 Million tons ammonia per year and is considered the!, it is a major source of nitrogen Bio ammonia market rights reserved while Europe! Application in fertilizers and industrial & household cleaning players in the Middle East & Africa, &., Yara, andEuroChem group among others biomass or woody biomass from 2014 to.... Agrochemicals by virtue of raw material, i.e supplementing the demand for ammonia due to lower &... Report focuses on the current pandemic situation has created disruption in the laboratory, it is compressed into a gas. Dominated the global market for ammonia estimated at US $ 52.004 billion for the world nitrogen.! Is readily used in heavy commercial and industrial & household cleaning growth Rate of ammonia the... Nitrogenous fertilizers, as well as regional market players in the market size and growth Rate of fertilizer from to!