Ammonia Market Forecast - Growth, Outline, Size, Share, Overview and Research 2025

Global Ammonia Market – Segments

The Ammonia Market Forecast has been segmented into three major dynamics.

By Form: Liquid, Gas, Powder, and others.

By Application: Fertilizer, Chemicals, Refrigeration, Fibers & Plastics, Pharmaceutical, Pulp & Paper, and others.

By Regions: Europe, Americas, Asia Pacific, Middle East & Africa, and Rest-of-the-World.

Global Ammonia Market – Competitive Analysis

Highly Competitive, the Ammonia Market appears well-established due to the presence of many large players. To garner a larger competitive share in the market, these players incorporate strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology launch. Manufacturers operating in the Ammonia market strive to deliver the best quality products developed with innovative technologies and best practices. The market demonstrates significant growth potential, which is expected to intensify the competition further, attracting many entrants to the market.

Major Players:

Players Leading the Ammonia Market include The prominent players in the Global Ammonia Market are Yara, CF Industries Holdings, Inc., Nutrien Ltd., OCI NV, Group DF, EuroChem Group AG, Acron Group, SABIC, Orica Limited, AB “Achema, Togliattyazot, Uralchem JSC, IFFCO, Koch Fertilizer, LLC, and Qatar Fertiliser Company, among others.

Industry/Innovation/Related News:

September 03, 2019 — TerraVest Industries Inc. (Canada), a major investor in oil service companies, announced the acquisition of Iowa Steel Fabrication Business, known as Countryside Tank Co. and Majona Steel Corp. TerraVest is a leading global producer of propane, anhydrous ammonia, and natural gas liquids transport vehicles & storage vessels, energy processing equipment, fiberglass storage tanks, and home heating products.

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Countryside Tank is primarily focused on manufacturing transportation equipment for the propane and anhydrous ammonia markets, as well as structural steel projects. The transaction enhances TerraVest’s propane and NH3 trailer offering in the US as well as in the Midwest. It would further play a part in TerraVest’s overall effort to maximize product and service capabilities to customers across North America.

Global Ammonia Market – Regional Analysis

The Asia Pacific region dominates the Global Ammonia market, mainly due to the expanding ammonia applications in the region. Besides, rising consumption of ammonia in various sectors such as fertilizer, chemicals, refrigeration, fibers & plastics, pharmaceutical, pulp & paper, and others impacts the regional market growth, positively. Attributing to the increasing demand for ammonia in the production of fertilizers across the major APAC countries, the regional market had accounted for a 53% share in 2017.

Simultaneously, the high production and exportation of agrochemical capacities in China, Indonesia, Thailand, and India, are expected to influence the market growth positively. The ever-increasing population, alongside the rapid industrialization in the region, provide a considerable impetus to the market growth, prompting higher demand for food. Besides, the cost-competitive logistics (land & labor-force) and raw material advantage in the region acts as a major driving force for the market growth, attracting foreign investors.

North America stands second in the Global Ammonia Market, due to the extensive use of chemical fertilizers and the rapidly growing agriculture sector in the region. Moreover, factors such as the constant expansion of the F&B sector attributes to the outstanding growth of the regional market. The US, backed by the 25 production plants of Ammonia and more than 15 ammonia manufacturers account for the key contributors to the regional market growth. The North American Ammonia Market is estimated to register an increase of USD 10,141.9 MN by 2025, growing at 5.37% CAGR over the review period.

European Ammonia Market is witnessing slow but steady growth. Stringent regulatory framework, alongside the joint proposal of ESPP for Fertilizer Regulation in EU that imposes strict recovery rules for struvites, ashes, biochars, and pyrolysis products, are posing challenges to the market growth.

However, the rising consumption of Ammonia in fertilizer, chemicals, refrigeration, fibers & plastics, and pulp & paper applications is expected to support the regional market growth. Also, increasing uptake of ammonia France, Belgium, Italy, and Germany for various purposes is projected to contribute to the regional market growth.

Market Outlook:

Global Ammonia Market is garnering substantial traction, witnessing an augmenting demand. Massive consumption of Ammonia in the production of fertilizers is driving a large share of the market. Besides, rising demand from several burgeoning industries such as agrochemicals, fibers & plastics, pharmaceutical, and pulp & paper, foster the growth of the market. Moreover, massive investments in the agriculture sector worldwide is escalating the market growth to furthering heights.

According to Market Research Future (MRFR), the Global Ammonia Market is poised to touch a valuation of USD 70.75 BN by the end of 2025, registering around 5.85% CAGR during the anticipated period (2019-2025). There is growing consumption of ammonia as a refrigerant in HFCs and HCFCs, which would support the market growth significantly.

Furthermore, the steadily growing demand for Ammonia as an alternative fuel in power generation & transportation is predicted to generate significant growth opportunities for the market players. On the flip side, stringent emission regulations against Ammonia refrigeration systems are estimated to hinder the growth of the market during the years to follow.

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COVID-19 Analysis on Ammonia Market - Trends, Overview, Forecast, Share, Growth, Revenue, Applications, Demand and Outlook 2025

Market Research Future has Published a Cooked Research Report on the Global Ammonia Market Research Report – Global Forecast till 2025

Global Ammonia Market – Competitive Analysis

Highly Competitive, the COVID-19 Analysis on Ammonia Market appears well-established due to the presence of many large players. To garner a larger competitive share in the market, these players incorporate strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology launch. Manufacturers operating in the Ammonia market strive to deliver the best quality products developed with innovative technologies and best practices. The market demonstrates significant growth potential, which is expected to intensify the competition further, attracting many entrants to the market.

Major Players:

Players Leading the Ammonia Market include The prominent players in the global ammonia market are Yara, CF Industries Holdings, Inc., Nutrien Ltd., OCI NV, Group DF, EuroChem Group AG, Acron Group, SABIC, Orica Limited, AB “Achema, Togliattyazot, Uralchem JSC, IFFCO, Koch Fertilizer, LLC, and Qatar Fertiliser Company, among others.

Global Ammonia Market – Segments

The analysis has been segmented into three major dynamics.

By Form: Liquid, Gas, Powder, and others.

By Application: Fertilizer, Chemicals, Refrigeration, Fibers & Plastics, Pharmaceutical, Pulp & Paper, and others.

By Regions: Europe, Americas, Asia Pacific, Middle East & Africa, and Rest-of-the-World.

Market Overview:

Global Ammonia Market is garnering substantial traction, witnessing an augmenting demand. Massive consumption of Ammonia in the production of fertilizers is driving a large share of the market. Besides, rising demand from several burgeoning industries such as agrochemicals, fibers & plastics, pharmaceutical, and pulp & paper, foster the growth of the market. Moreover, massive investments in the agriculture sector worldwide is escalating the market growth to furthering heights.

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According to Market Research Future (MRFR), the Global Ammonia Market is poised to touch a valuation of USD 70.75 BN by the end of 2025, registering around 5.85% CAGR during the anticipated period (2019-2025). There is growing consumption of ammonia as a refrigerant in HFCs and HCFCs, which would support the market growth significantly.

Furthermore, the steadily growing demand for Ammonia as an alternative fuel in power generation & transportation is predicted to generate significant growth opportunities for the market players. On the flip side, stringent emission regulations against Ammonia refrigeration systems are estimated to hinder the growth of the market during the years to follow. 

Global Ammonia Market – Regional Analysis

The Asia Pacific region dominates the Global Ammonia market, mainly due to the expanding ammonia applications in the region. Besides, rising consumption of ammonia in various sectors such as fertilizer, chemicals, refrigeration, fibers & plastics, pharmaceutical, pulp & paper, and others impacts the regional market growth, positively. 

Attributing to the increasing demand for ammonia in the production of fertilizers across the major APAC countries, the regional market had accounted for a 53% share in 2017.

Simultaneously, the high production and exportation of agrochemical capacities in China, Indonesia, Thailand, and India, are expected to influence the market growth positively. The ever-increasing population, alongside the rapid industrialization in the region, provide a considerable impetus to the market growth, prompting higher demand for food. Besides, the cost-competitive logistics (land & labor-force) and raw material advantage in the region acts as a major driving force for the market growth, attracting foreign investors.

North America stands second in the Global Ammonia Market, due to the extensive use of chemical fertilizers and the rapidly growing agriculture sector in the region. Moreover, factors such as the constant expansion of the F&B sector attributes to the outstanding growth of the regional market. The US, backed by the 25 production plants of Ammonia and more than 15 ammonia manufacturers account for the key contributors to the regional market growth. The North American Ammonia Market is estimated to register an increase of USD 10,141.9 MN by 2025, growing at 5.37% CAGR over the review period.

European Ammonia Market is witnessing slow but steady growth. Stringent regulatory framework, alongside the joint proposal of ESPP for Fertilizer Regulation in EU that imposes strict recovery rules for struvites, ashes, biochars, and pyrolysis products, are posing challenges to the market growth.

However, the rising consumption of Ammonia in fertilizer, chemicals, refrigeration, fibers & plastics, and pulp & paper applications is expected to support the regional market growth. Also, increasing uptake of ammonia France, Belgium, Italy, and Germany for various purposes is projected to contribute to the regional market growth.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Ammonia Market Forecast, Size, Growth, Opportunities, and Trends 2025

Market Overview:

The Ammonia Market across the globe is expected to experience a surging demand, mainly owing to the soaring product application across multiple downstream industries, which includes pharmaceuticals, agriculture, and consumer goods. The rising use of Ammonia, especially in the fertilizer industry, will augment the business growth in the coming years. The Global Ammonia Market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 5.85%, surpassing a valuation of USD 70.75 billion during the forecast period (2013-2025).

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The market is estimated to expand at a faster rate due to the growth in population and rising disposable income across several countries. This has resulted in increased demand for agricultural products to enhance lifestyle, thereby propelling the market growth in the years to come. Moreover, the shift in dietary consumption is one of the primary growth stimulants of the market. In addition, the surging demand for ammonia from the pharmaceutical industry will elevate the market growth in the coming years.

On the contrary, the rising use of ammonia-based fertilizers, especially urea in the agricultural segment has resulted in increased emissions of Ammonia. This has an adverse impact on the environment across the globe. The increased emissions have resulted in the need to set up mandates against agriculture emissions under the Clean Air Act (CAA). These factors are likely to vitiate the market growth in the foreseeable future.

Industry Updates:

On August 2019, a team of researchers at the University of Delaware demonstrated a direct ammonia fuel cell prototype, which employs a high-temperature-stable hydroxide exchange membrane and an ammonia-tolerant precious-metal-free cathode catalyst.

Competitive Dashboard:

The Top Players Operating in the Ammonia Market include Yara, Nutrien Ltd, Group DF, OCI NV, CF Industries Holdings, Inc, SABIC, EuroChem Group AG, Orica Limited, Acron Group, AB "Achema, Uralchem JSC, IFFCO, Togliattyazot, Koch Fertilizer, LLC, and Qatar Fertiliser Company.

Global Ammonia Market: Segmental Analysis

The Ammonia Market has been segmented based on Form and Application.

By Form, the Ammonia Market is segmented into powder, liquid, and gas. Of these, the liquid segment commands the largest market share of 43.14%, mainly due to the soaring demand for liquid ammonia, especially in applications like refrigerants, fertilizers, and chemicals.

The Application Segment includes chemicals, fertilizers, fibers and plastics, refrigeration, pulp and paper, pharmaceutical, and others. The soaring need to propel agricultural productivity has resulted in high demand for Ammonia in the fertilizers’ segment. Fertilizers are considered plant nutrients, which are highly required for plant growth. Ammonia is extensively used in fertilizers, and its use is predicted to increase in the coming years.

Regional Frontiers:

Geographically, the Ammonia Market spans across Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa.

Considering the global scenario, the Asia Pacific commanded the largest market share of 53% in 2017 and is estimated to register the highest CAGR in the foreseeable future. The growth can be credited to the soaring demand for Ammonia in the production of fertilizers, especially in countries like China, India, Indonesia, and Thailand. With the growth in population, especially in countries like India and China, the agricultural activities have increased, thereby resulting in increased consumption of Ammonia-based fertilizers. The demand for Ammonia is also increasing from industries like paper and pulp, pharmaceutical, petroleum, and food. This has further influenced the market growth in the region.

North America will register the second highest CAGR 5.37% and is estimated to surpass a valuation of USD 10,141.9 million by the end of 2025. In this region, the U.S. is estimated to be the major contributor and accommodates around 25 production plants.

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Ammonia Market 2019 Opportunity, Growth Analysis Forecast 2025

The need for Ammonia is gradually rising due to constraining factors such as rising global population, increasing food demand and decreasing arable land, among others. Ammonia is a nutrient that contains nitrogen and hydrogen. Its chemical formula is NH3 in the un-ionized state and NH4+ in the ionized form. Total ammonia is the sum of both NH3 and NH4+. It is a key raw material used in many sectors such as food industries, research and development, pharmaceuticals agriculture, among others.it is widely used in refrigeration industry found in food, beverage, and cold storage industries. In the agricultural and farming sector, (Ammonia helps to correct magnesium deficiency) Ammonia is kind of fertilizer used in especially promoting healthier growth of plants such as tomatoes among others. However, allergic reactions such as skin infection, diarrhea or upset stomach these allergic reactions could hamper the growth of the market.

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Following are the key drivers which largely helped in boosting the worldwide growth of Global Ammonia Market are as: increased pressure on farmers to enhance the food quality , whether a farmer performs an operation in an extensive scale or little scale, they require credit facilities for the buy of costly equipments, ferilizers among others through a well-developed financial market. To obtain maximum profits from their products, it is important for farmers to maintain quality of the products offered which will further create demand for ammonia in the global market. In-addition, to increase the supply of the food and speed of the agricultural productivity, the demand for Ammonia is increasing so as to get maximum output. Additionally, the population in a number of countries is growing with time which has led to the increase in the overall demand of food and has created demand for Ammonia in the global market.

Regional Analysis:

Asia-Pacific and Eastern Europe created huge global demand for Ammonia. APAC is one of the growing region due to its economies, cheap labor cost in APAC and economical material used for production process. Moreover, Asia Pacific is projected to be the fastest growing market mainly due to fertilizers, pharmaceuticals, refrigerants, household, food and others applications. While, Middle East & Africa regions are at the emerging stage in the Ammonia Market. 

Geographically, North-America is expected to be the largest market for ammonia accounting more than one third of the total market. North-America is most prominent market and its market share has accounted for second largest share in 2015, North America has been growing at faster pace due to rising manufacturing industries and demand for refractories will aid in rise in growth of Ammonia Market. U.S has accounted for the largest share in 2016.  

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We recognize the key players in the Global Ammonia Market as include BASF, Potashcorp, Yara International, CF Industries, Group DF, Togliatti, OCI Nitrogen, Agrium, Sabic, Koch Fertilizer and others and others. This report includes the product portfolios of the same.  

This research report provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Ammonia Market, including the high-growth regions, countries and their political, economic and technological environments. Further-more the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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Ammonia Market 2019 | Global Size, Segments, Growth and Trends by Forecast to 2022

Market Scenario:

The Global Ammonia Market is predicted to demonstrate 4.2% CAGR during the forecast period (2016-2022) owing to the fertilizer industry, asserts Market Research Future (MRFR). Ammonia is referred to as a nutrient which consists of hydrogen and nitrogen. While in an ionized state, the chemical formula of ammonia is NH4+, its formula is NH3 in the un-ionized state. A colorless alkaline gas possessing pungent odor and sharp smell, ammonia is utilized in several industries like pharmaceuticals, fertilizers, household, refrigerants, food, and others. The compound is mainly used to manufacture urea, ammonium sulfate, and ammonium phosphates.

Drivers and Constraints Impacting the Market:

The Global Ammonia Market is estimated to expand at a fast pace owing to several driving factors. With the ever-increasing population, rising disposable income in developing economies such as Brazil, Indonesia, and India, are triggering the demand for agricultural products. This is likely to fuel the market growth during the estimated period. Also, a shift in dietary consumption in developed regions are estimated to drive the market growth. The abundant use of ammonia in the agricultural industry is predicted to foster the market growth in the coming years. Being a valuable source of nitrogen, ammonia is one of the majorly used raw materials in the production of fertilizers.

 Ammonia is also used in the manufacturing of liquid fertilizer solutions which consist of ammonium nitrate, aqua ammonia, and urea. With the change in agricultural techniques, the use of ammonia has increased in the past few years. The accelerating focus on the consumption of energy is predicted to fuel the ammonia usage as a refrigerant in order to offer safe and sustainable energy saving refrigeration. As a part of the natural refrigerants, ammonia is recognized as the most ecologically friendly refrigerant. It possesses zero Ozone Depletion Potential and Global Warming Potential, thereby triggering the market growth globally.

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On the flip side, the augmenting price of natural gas is considered to dampen the market growth during the appraisal period. As ammonia possesses hygroscopic nature, it migrates to the moist areas of the body such as the nose, eyes, moist skin, and throat and can lead to severe burn injuries. Also, respiratory and skin-related diseases are caused by exposure and higher concentrations of ammonia. Such factors are predicted to inhibit the market growth in the coming years.

Global Ammonia Market: Segmental Analysis

The Global Ammonia Market has been segmented on the basis of Form and Application.

By Mode of Form, the Global Ammonia Market has been segmented into powder and liquid. Among these, the liquid ammonia is likely to occupy a larger market share as it is a major source for nitrogen fertilizers as is the preferred source for producing highly concentrated nitrogen fertilizers. Liquid ammonia is also used in cleaning applications as well as a refrigerant. It is slowly replacing CFC owing to global warming and ozone layer depletion. Such factors are anticipated to fuel the liquid form in the coming years.

By Mode of Application, the Global Ammonia Market has been segmented into pharmaceuticals, fertilizers, household, refrigerants, food, and others. Among these, the fertilizer segment is estimated to expand at a faster pace during the appraisal period owing to the growth in agricultural activities due to the accelerating population.

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Regional Insights:

Geographically, the Ammonia Market span across regions namely, Europe, Asia Pacific, North America, and Rest-of-the-World (RoW).

Among all the regions, the Asia Pacific region is considered to experience the fastest growth rate owing to the increasing pharmaceuticals and fertilizers industry. As the region covers almost 60% to 65% of the world’s population, the region is predicted to face issues regarding food insufficiency in the coming years. This will further result in the increasing need for food production. The use of ammonia in the agricultural sector will increase the productivity of food. In the last few years, there has been an increase in the expansion activities in the ammonia market in this region owing to the efforts made by the companies in order to meet the augmenting demand for ammonia-based fertilizers.

The North American region is considered one of the major producers of ammonia. With natural gas covering over the maximum percentage of the nitrogen fertilizer production cost, the availability of low-priced natural gas is predicted to drive the market in this region.

Industry Updates:

In April 2018 BASF and Yara International ASA initiated a new world-scale ammonia plant in Freeport, USA. Yara and BASF SE hold 68% and 32%, respectively. The plant also possesses a capacity to produce 750-kilotons of ammonia every year.

Competitive Dashboard:

The prominent players operating the Global Ammonia Market are CF Industries, Koch Fertilizer, PotashCorp, Togliatti, BASF, Yara International, Agrium, OCI Nitrogen, Sabic, Group DF, and others.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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