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Ammonia Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2022
  • Pages: 120
  • SKU: IRTNTR71949
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The ammonia market share is expected to increase by 26.06 million tons from 2020 to 2025, at a CAGR of 2.54%.

This ammonia market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers ammonia market segmentation by application (fertilizers and industrial) and geography (APAC, Europe, North America, South America, and MEA). The ammonia market report also offers information on several market vendors, including AB Achema, CF Industries Holdings Inc., EuroChem Group AG, KBR Inc., Linde Plc, LSB Industries Inc., Nutrien Ltd., OCI NV, PJSC Togliattiazot, and Yara International ASA among others.

What will the Ammonia Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Ammonia Market Size for the Forecast Period and Other Important Statistics

 

Ammonia Market: Key Drivers and Challenges

The increasing demand for fertilizers is notably driving the ammonia market growth, although factors such as stringent regulations regarding the storage and transportation of ammonia may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ammonia industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Ammonia Market Driver

One of the key factors driving the global ammonia market growth is the increasing demand for fertilizers across the globe. The rapidly growing population will fuel the demand for food which will lead to an increase in the number of agricultural activities and consumption of fertilizers. In addition to the rise in chronic hunger among the population, the number of undernourished people (globally) has also increased. Such factors will increase the demand for fertilizers such as ammonia, which will drive the growth of the market in focus during the forecast period.

Key Ammonia Market Challenge

One of the major challenges to the global ammonia market growth is the stringent regulations regarding the storage and transportation of ammonia. Ammonia is a potentially hazardous substance and is strongly irritant to the skin, eyes, and respiratory tract as it has a pungent and suffocating odor when in gaseous form.  Moreover, ammonia gas when compressed into liquid can cause severe cold burns on contact with the skin. Therefore, storage, transportation, and handling of ammonia are subject to a variety of international, European, and national regulations such as permits and licenses. Other factors such as fluctuation in natural gas prices, which is used as a raw material for the production of ammonia also affects its cost. Such factors are will hamper the production and adoption of ammonia during the forecast period.

This ammonia market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Ammonia Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AB Achema
  • CF Industries Holdings Inc.
  • EuroChem Group AG
  • KBR Inc.
  • Linde Plc
  • LSB Industries Inc.
  • Nutrien Ltd.
  • OCI NV
  • PJSC Togliattiazot
  • Yara International ASA

 

This statistical study of the ammonia market encompasses successful business strategies deployed by the key vendors. The ammonia market is fragmented and the vendors are deploying growth strategies such as mergers with major vendors to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The ammonia market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Ammonia Market?

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65% of the market’s growth will originate from APAC during the forecast period. China, India, and South Korea (Republic of Korea) are the key markets for ammonia in APAC. Market growth in this region will be faster than the growth of the market in Europe, South America, and MEA.

The rising population in countries such as China and India will facilitate the ammonia market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Ammonia Market?

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The ammonia market share growth by the fertilizers segment will be significant during the forecast period. The rise in demand for ammonia-based fertilizers (as it ensures fast growth of plants, improves pasture quality, and increases crop yield) will drive the growth in this segment. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the ammonia market size and actionable market insights on post COVID-19 impact on each segment.

 

Ammonia Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 2.54%

Market growth 2021-2025

26.06 million tons

Market structure

Fragmented

YoY growth (%)

2.97

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 65%

Key consumer countries

China, Russian Federation, US, India, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AB Achema, CF Industries Holdings Inc., EuroChem Group AG, KBR Inc., Linde Plc, LSB Industries Inc., Nutrien Ltd., OCI NV, PJSC Togliattiazot, and Yara International ASA

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Ammonia Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive ammonia market growth during the next five years
  • Precise estimation of the ammonia market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ammonia industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ammonia market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Fertilizers - Market size and forecast 2020-2025
    • Industrial - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor Landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AB Achema
      • CF Industries Holdings Inc.
      • EuroChem Group AG
      • KBR Inc.
      • Linde Plc
      • LSB Industries Inc.
      • Nutrien Ltd.
      • OCI NV
      • PJSC Togliattiazot
      • Yara International ASA

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The ammonia market growth will increase by $26.06 million tons during 2020-2025.
      The ammonia market is expected to grow at a CAGR of 2.54% during 2020-2025.
      Technavio has segmented the ammonia market by application (Fertilizers and Industrial) and geographic (APAC, Europe, North America, South America, and MEA).
      AB Achema, CF Industries Holdings Inc., EuroChem Group AG, KBR Inc., Linde Plc, LSB Industries Inc., Nutrien Ltd., OCI NV, PJSC Togliattiazot, Yara International ASA are a few of the key vendors in the ammonia market.
      APAC will register the highest growth rate of 64.50% among the other regions. Therefore, the ammonia market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • Russian Federation
      • US
      • India
      • South Korea (Republic of Korea)
      The key factors driving the ammonia market growth are:
      • Increasing demand for fertilizers
      The ammonia market vendors should focus on grabbing business opportunities from the fertilizers segment as it accounted for the largest market share in the base year.
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