The global ammonia market size is expected to reach USD 313.2 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.9% from 2025 to 2030. The growth is majorly driven by rising consumption of ammonia in fertilizers and refrigerants.
As the population of major countries around the world is projected to increase significantly, the demand for food will continue to rise, putting pressure on farmers to adopt more efficient methods of production. Ammonia-based nitrogenous fertilizers are poised to benefit from this trend as they offer increased yield, effective crop protection, and enhanced production cycles, making them a valuable tool for farmers facing the challenge of ensuring food security for an ever-rising global population.
Ammonia Market Report Highlights
- The anhydrous segment accounted for the largest revenue market share, 59.8%, in 2024 and is expected to continue to dominate the industry over the forecast period.
- The herbicides segment dominated the market with a market share of 78.8% in 2024, during the forecast period. This growth is due to farmers' increasing use of nitrogenous fertilizers.
- The Asia Pacific region is expected to grow the fastest growth during the forecast period. The Asia-Pacific region is home to many agricultural countries, including Japan, Thailand, Indonesia, India, and the Philippines.
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NH3 is commonly used in large-scale refrigeration plants and is available in various forms such as liquid and gas. The advantage of using NH3 in refrigeration systems is that it costs 10-20% to produce compared to systems that use CFCs. In addition, according to the International Institute of Ammonia Refrigeration, ammonia is an efficient and cost-effective alternative to HFCs and CFCs and considered safe for the environment. Moreover, as per the U.S. Environment Protection Agency, the Global Warming Potential and the Potential of Ozone Depletion rating is almost null for NH3-based refrigerants.
Companies are more inclined toward producing sustainable/green NH3 as it has the potential to be a key component of a more sustainable, low-carbon energy system, as it can be used as a renewable fuel for transportation and power generation, as well as a zero-carbon feedstock for the production of fertilizers and other chemicals.
Moreover, companies like Yara International are focusing on developing sustainable product with the help of green hydrogen along with the production of conventional product. Moreover, the company is actively involved in cooperation with Statkraft & Aker Clean Hydrogen, with a goal of decarbonizing Yara’s NH3 plant by eliminating 800 kilotons of annual CO2 emissions.
List of Key Players in the Ammonia Market
- Acron
- Koch Fertilizers, LLC
- Yara International
- CF Industries Holdings, Inc.
- Nutrien Ltd.
- Qatar Fertiliser Company
- Togliattiazot
- SABIC
- Sumitomo Chemical Co., Ltd.
- Mitsui Chemicals, Inc.
- BASF SE
- Asahi Kasei Corp
We have segmented the global ammonia market on the basis of product, application and region.
Ammonia Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Aqueous
- Anhydrous
Ammonia Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Fertilizers
- Refrigerants
- Pharmaceuticals
- Textile
- Others Applications
Ammonia Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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Ammonia is a widely utilised industrial chemical that is primarily employed in agriculture as well as to remove iron from steel wool, petroleum, rubber, and other sulfide-rich products.
It's also found in water and human bodies, and it's an important part of many biological processes.
Ammonia is also necessary for a variety of biological activities and serves as a prebiotic precursor for the creation of nucleic acids and amino acids.
Ammonia is prevalent in both marine and freshwater habitats and is an important component of many biological activities, including respiration, photosynthesis, respiration, and nitric oxide generation.Ammonia comes in two varieties.
To boost the nitrogen retention capacity of fertilisers and feed, non-organic ammonia is occasionally employed as a diluting agent in agricultural and livestock processes.
Ammonia is a key contributor of dissolved oxygen in water, in addition to its biological and chemical features.Ammonia, like many other chemical compounds, is found naturally in the Earth's atmosphere.
According to ChemAnalyst report, “Ammonia Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Ammonia market has witnessed significant growth as it reached 11.38 million tonnes in 2020 and is anticipated to achieve a healthy global CAGR of 4.60% in the forecast period until 2030.
With the increasing utilization of Ammonia by the agriculture industry as they are highly used in fertilizers is expected to flourish the Ammonia market across the globe in the next few years.
The global production of Ammonia is done on a large industrial scale by the steam reforming of natural gas, which it is converted into liquified petroleum gas, or petroleum naphtha to produce hydrogen, which is further combined with nitrogen to produce Ammonia through the Haber-Bosch process.Read Full Report Here: https://www.chemanalyst.com/industry-report/ammonia-market-631Ammonia is considered an important chemical which can be used in various sectors and for many different purposes.
Ammonia serves as a fuel in energy production and engines, a key feedstock chemical, the main ingredient for cleaning products, and a refrigerant for cooling systems.
About 80% of the industrially produced ammonia is utilized in agriculture as fertilizers which helps in increasing the essential nutrient levels, like zinc, selenium, boron, etc.
Ammonia is widely used in the household cleaning applications as a cleaning agent for the removal of stains or clean mirrors, tubs.Global Ammonia Market is segmented on the basis of type, end-use, sales channel and region.
Hot melt adhesives are the thermoplastic adhesives that are available in different sticks of cylindrical shape that can readily melt in a hot melt gun.
Hot Melt Adhesives Market size exceeded USD 6.60 billion, globally in 2018 and is estimated to grow at over 6.4% CAGR between 2019 and 2026.
The Hot Melt Adhesives analysis gives an exhaustive investigation of this market alongside the modern trends and future projections to shed light on the impending investment pockets.
They are much efficient as compared to other forms of adhesives in terms of efficient action and are fast sticking action and starts processing as soon as it comes into use as they do not need any drying application.Get More Information @ https://www.quincemarketinsights.com/industry-analysis/global-hot-melt-adhesives-market/1724The stick form of Hot melt adhesives is widely used in these applications because of its ease of use and the availability of HMA guns.
The growth in end-use industries such as packaging and construction has marked the tremendous growth of the global hot melt adhesives market.The Asia Pacific and the Middle East are expected to register substantial growth in the hot melt adhesives market during the forecast period.
The market growth is mainly driven by an increase in consumer spending power in emerging economies and the rapid expansion of the packaging industry.
Recent Report on World Ammonia Market by Product Type, Market, Players and Regions-Forecast to 2025 by DecisionDatabases.comAmmonia market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/48445-world-ammonia-market-reportThe Players mentioned in our reportYaraCF IndustriesTogliattiAzotAgriumIFFCOBASFQafcoCasaleKochGlobal Ammonia Market: Product Segment AnalysisGas AmmoniaLiquid AmmoniaGlobal Ammonia Market: Application Segment AnalysisFertilizerNitric acidRefrigerantOrganic synthesis raw materialsOthersGlobal Ammonia Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Ammonia Market @ https://www.decisiondatabases.com/contact/download-sample-48445There are 10 Chapters to deeply display the World Ammonia market.Chapter 1 About the Ammonia IndustryChapter 2 World Market Competition LandscapeChapter 3 World Ammonia Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Ammonia Market Forecast through 2025Chapter 10 Key success factors and Market OverviewPurchase the complete World Ammonia Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-48445Other Reports by DecisionDatabases.com:World Ammonium Sulphate Market Research Report 2025World Anhydrous Ammonia Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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