Ammonia Market Projected to Show Strong Growth by 2026

This Ammonia Market report has been prepared with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. This market research report is very crucial in several ways for business growth and to thrive in the market. Competitive analysis is the major feature of any market research report, and hence Ammonia Market report covers many points including strategic profiling of key players in the market, analyse core competencies of key players, and draw a competitive landscape for the Chemical and Materials industry. This market report gives an edge to compete and to outdo the competition.

Global ammonia market is set to witness a substantial CAGR of 5.95% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Growth in fertilizer industry and increasing consumption of protein rich diets are the major factor for the growth of this market.

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Top Manufacturers Covered in the Report:

Few of the major competitors currently working in the global ammonia market are Yara, CF Industries Holdings, Inc., Nutrien Ltd., GROUP DF, OCI NV, EuroChem, SABIC, Orica Limited, URALCHEM JSC, AB "Achema", PJSC «Togliattiazot», IFFCO, Qatar Fertiliser Company, Koch Fertilizer, LLC, Haldor Topsoe A/S, Trammo, Inc., OCI Nitrogen, MITSUBISHI GAS CHEMICAL COMPANY, INC, Praxair Technology, Inc., Linde, , LSB Industries and others

Key Developments in the Market:

• In June 2019, KBR announced the launch of their ammonia plant monitoring technology. Ammonia Insite which will help the clients to improve their plant operation in real time. This will help the company in expanding its technology and consulting offerings providing better services to the plant operators. It will also advice the customer that whether any beneficial changes can be made to improve the performance.
• In September 2018, United Chemical Company Shchekinoazot announced the launch of their methanol and ammonia co-production plant which has the ability to produce 135,000 tons of ammonia and 450,000 tons of methanol per year and is based on Topsoe’s IMAP technology. This technology has the ability to reduce investment cost and operational cost as there is no CO2 removal and CO shift sections

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Global Ammonia Market Segmentation:

Global Ammonia Market By Form (Liquid, Gas, Powder)

Product Type (Anhydrous Ammonia, Aqueous Ammonia)

Application (Mono-ammonium Phosphate, Di-ammonium Phosphate, Urea, Nitric Acid, Ammonium Sulphate, Ammonium Nitrate, Others)

 End- User (Agriculture, Textile, Mining, Refrigeration, Industrial Chemicals, Agrochemical, Explosives, Fertilizers, Fibers and Plastics,  Pharmaceutical, Pulp and Paper, Others)

Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis: Global Ammonia Market ​​​​​​​

Global ammonia market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ammonia market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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