Ammonia (NH3) Market by Application, Form Factor, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 164 SKU: IRTNTR71949

Ammonia Market Forecast 2023-2027

The ammonia (NH3) market size is estimated to grow by 38.15 million tons at a CAGR of 3.56% between 2022 and 2027. The market's expansion is influenced by various factors, including the escalating demand for fertilizers due to the burgeoning global population and the resultant need to enhance agricultural productivity. Additionally, the shrinking availability of arable land is driving the need for efficient fertilizers to maximize crop yields. Countries like China and India are particularly driving the demand for ammonia, a key component in fertilizer production, further increasing market growth. Furthermore, the increasing adoption of sustainable agricultural practices and the rising awareness regarding the importance of soil health are contributing to the demand for fertilizers. The market is also witnessing innovations in fertilizer formulations and application methods to improve nutrient efficiency and minimize environmental impact.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

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

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Market Segmentation

This market report extensively covers market segmentation by application (fertilizer and industrial), form factor (liquid and gas), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

By Application

The market share growth by the fertilizer segment will be significant during the forecast period. Ammonia is primarily used in fertilizers for the agriculture sector. Plants require nitrogen, potash, and phosphates for proper growth and nutrition. 

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The fertilizer segment was valued at 148.19 million tons in 2017. The demand for fertilizers is increasing due to the ever-rising demand for food; the rapid shift in food preferences, owing to globalization and improved purchasing power; and declining arable land. The global population is increasing at a fast rate, and by 2050, the global population is expected to reach 9.6-9.7 billion. The available arable land is decreasing, and thus more yield is required to feed people. Therefore, the rise in demand for fertilizers, wherein ammonia is the major contributor, is expected to drive the growth of the market during the forecast period.

By Region

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APAC is estimated to contribute 64% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Asia-Pacific accounts for the largest share of the market and is estimated to dominate during the forecast period. The main focus of the agricultural sector in these countries is to meet the growing demand for food due to population growth. The demand for fertilizers is high in these countries, and the consumption of ammonia is increasing. China is the largest consumer in the region, followed by India.  Such factors will increase the market growth in this region during the forecast period.

Market Dynamics and Customer Landscape

The market is vital for various industries, including Agriculture and Fertilizers, where it serves as a crucial component of NH3 fertilizers. Despite its importance, ammonia production and usage are associated with environmental concerns, such as its role in greenhouse gas emissions and ozone depletion. However, efforts are underway to mitigate these effects, with a focus on energy efficiency and the development of zero-carbon fuel alternatives. This is also used in the Refrigeration sector as a refrigerant, although concerns about leakage and odor exist. Additionally, it finds applications in the Pharmaceutical and Explosives sectors, demonstrating its versatility across industries. The market faces challenges like negative demand and decline due to environmental concerns related to Hydrofluorocarbons used as refrigerant gas. However, innovations such as steam methane reforming in the Explosives sector show potential for sustainable ammonia production, driving interest in alternative applications beyond traditional dyes and chemicals. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

One of the major drivers for the market is the increasing demand for fertilizers across the globe. Compared to other commercial fertilizers, ammonia has the highest nitrogen content. It is one of the essential nutrients for plant growth. They can be applied directly to the soil as a plant nutrient converted into a nitrogen fertilizer such as Aqua Ammonia, a common liquid nitrogen fertilizer. Various nitrogen-containing ammonia fertilizers are urea, ammonium nitrate, and calcium ammonium nitrate. Globally, increased agricultural activity due to rapid population growth will increase fertilizer consumption during the forecast period.

Population growth increases the demand for food, and declining arable land, owing to urbanization and industrialization, increases the use of fertilizers to enhance the yield per hectare. This includes NH3 fertilizers, zero-carbon fuel, agriculture and fertilizers, pesticides, and food production. As per the World Bank Group, the global population significantly increased to 7.53 billion in 2020 from 3.03 billion in 1960 and is expected to reach 8.5 billion by 2030, growing at an annual rate of 1.10%. According to the Food and Agriculture Organization (FAO) of the United Nations, world hunger is increasing. Thus, these trends are expected to increase the demand for fertilizers, which will be expected to boost the demand for ammonia worldwide during the forecast period.

Significant Market Trends

The introduction of green ammonia is the primary trend in the NH3 market. The production of green ammonia has become a new trend in the market as it does not emit greenhouse gases and does not increase the carbon footprint. A proof-of-concept plant in Harwell, Oxford Shire, was able to achieve this by using electricity, water, and air to produce ammonia with zero carbon emissions. Generally, ammonia is produced by the Haber process, which converts hydrogen and nitrogen using high temperatures and iron catalysts. Currently, production by the Haber process accounts for 1.6% of global carbon dioxide emissions.

Conventionally, natural gas was used to produce hydrogen for ammonia production. For green ammonia production, hydrogen is obtained from water by electrolysis. Green ammonia can be produced using renewable electricity, which has the capacity to prevent the global emissions of over 360 million tons of carbon dioxide annually. Thus, the production of green ammonia using electricity, water, and air is expected to reduce carbon emissions during the forecast period.

Major Market Challenge

Unpredictable macro factors are a major challenge to the growth of the NH3 market. Several macro factors can reduce the need for ammonia. Agriculture is a major end-user of ammonia as a fertilizer and changes in the agricultural sector could have a significant impact on the market. Factors such as declining agricultural production, agricultural producer prices, droughts, and floods are likely to hamper the agricultural sector and adversely affect the fertilizer market during the forecast period.

Urbanization has a considerable impact on the agriculture sector. In India, one of the major agricultural areas, the trend of the rural population shifting to urban areas is being witnessed. People are shifting from villages to cities in search of jobs, and this is leading to a lack of labor available for farming in the villages. Thus, unpredictable and uncontrollable factors are expected to hamper the agriculture sector and affect the market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Ammonia (NH3) Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Acron Group: The company offers ammonia derivatives, such as ammonium nitrate, urea, and urea ammonium nitrate. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Agropolychim AD
  • BASF SE
  • Casale SA
  • CF Industries Holdings Inc.
  • EuroChem Group AG
  • Group DF Ltd.
  • KBR Inc.
  • Koch Industries Inc.
  • Koncernas Achemos Grupe
  • LSB Industries Inc
  • Mitsubishi Gas Chemical Co. Inc.
  • Nutrien Ltd.
  • OCI N.V.
  • QatarEnergy
  • Saudi Arabian Oil Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • Fertilizer
    • Industrial
  • Form Factor Outlook 
    • Liquid
    • Gas
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market plays a pivotal role in various industries, including Agriculture, where it is used in nitrogenous fertilizers to enhance crop yield. It is also crucial in the Food & Beverage sector for applications such as refrigeration and as a nitrogen source. However, ammonia production and usage contribute to CO2 emissions and the greenhouse effect, prompting the development of sustainable/green ammonia production methods. Industries like Pharmaceuticals and Metals Extraction rely on ammonia for various processes. Efforts to reduce environmental impact include transitioning to green hydrogen production and utilizing renewable sources. Companies like Haldor Topsoe and ThyssenKrupp are driving innovation in this sector.

Moreover, the market is influenced by various factors, including food demand and climate change, driving the need for efficient refrigerants in cold storage and food & beverages industries. Transportation and heating sectors rely on anhydrous ammonia for its thermodynamic properties. It is also used in wastewater treatment as a cleaning agent and neutralizer. The nitrogen industry utilizes aqueous ammonia for synthetic fibers and rubber production. Farmers use ammonia-based fertilizers, like ammonium phosphate, to enhance crop growth. Despite challenges such as labor shortage and clogged roads, the market continues to evolve with a focus on renewables and GHG savings to achieve net-zero carbon emissions.

 Market Scope

Report Coverage

Details

Page number

164

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.56%

Market growth 2023-2027

38.15 million T

Market structure

Fragmented

YoY growth 2022-2023(%)

2.93

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 64%

Key countries

US, China, India, South Korea, and Russia

Competitive landscape

 Leading companies, market positioning of companies, competitive strategies, and industry risks

Key companies profiled

Acron Group, Agropolychim AD, BASF SE, Casale SA, CF Industries Holdings Inc., EuroChem Group AG, Group DF Ltd., KBR Inc., Koch Industries Inc., Koncernas Achemos Grupe, LSB Industries Inc, Mitsubishi Gas Chemical Co. Inc., Nutrien Ltd., OCI N.V., QatarEnergy, Saudi Arabian Oil Co., Uralchem JSC, Wesfarmers Ltd., Yara International ASA, and Linde Plc

Market dynamics

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

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Form Factor
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (MT)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (MT)
      • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global ammonia market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global ammonia market 2017 - 2021 (MT)
    • 4.2 Form Factor Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Form Factor Segment 2017 - 2021 (MT)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 (MT)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (MT)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (MT)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Fertilizer - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Fertilizer - Market size and forecast 2022-2027 (MT)
      • Exhibit 35: Data Table on Fertilizer - Market size and forecast 2022-2027 (MT)
      • Exhibit 36: Chart on Fertilizer - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Fertilizer - Year-over-year growth 2022-2027 (%)
    • 6.4 Industrial - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Industrial - Market size and forecast 2022-2027 (MT)
      • Exhibit 39: Data Table on Industrial - Market size and forecast 2022-2027 (MT)
      • Exhibit 40: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application (MT)
      • Exhibit 43: Data Table on Market opportunity by Application (MT)

    7 Market Segmentation by Form Factor

    • 7.1 Market segments
      • Exhibit 44: Chart on Form Factor - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Form Factor - Market share 2022-2027 (%)
    • 7.2 Comparison by Form Factor
      • Exhibit 46: Chart on Comparison by Form Factor
      • Exhibit 47: Data Table on Comparison by Form Factor
    • 7.3 Liquid - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Liquid - Market size and forecast 2022-2027 (MT)
      • Exhibit 49: Data Table on Liquid - Market size and forecast 2022-2027 (MT)
      • Exhibit 50: Chart on Liquid - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Liquid - Year-over-year growth 2022-2027 (%)
    • 7.4 Gas - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Gas - Market size and forecast 2022-2027 (MT)
      • Exhibit 53: Data Table on Gas - Market size and forecast 2022-2027 (MT)
      • Exhibit 54: Chart on Gas - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Gas - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Form Factor
      • Exhibit 56: Market opportunity by Form Factor (MT)
      • Exhibit 57: Data Table on Market opportunity by Form Factor (MT)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 (MT)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 (MT)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 (MT)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 (MT)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 (MT)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 (MT)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 (MT)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 (MT)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 (MT)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (MT)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 83: Chart on China - Market size and forecast 2022-2027 (MT)
      • Exhibit 84: Data Table on China - Market size and forecast 2022-2027 (MT)
      • Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 Russia - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Russia - Market size and forecast 2022-2027 (MT)
      • Exhibit 88: Data Table on Russia - Market size and forecast 2022-2027 (MT)
      • Exhibit 89: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 9.10 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 (MT)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 (MT)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 95: Chart on India - Market size and forecast 2022-2027 (MT)
      • Exhibit 96: Data Table on India - Market size and forecast 2022-2027 (MT)
      • Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 South Korea - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South Korea - Market size and forecast 2022-2027 (MT)
      • Exhibit 100: Data Table on South Korea - Market size and forecast 2022-2027 (MT)
      • Exhibit 101: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography (MT)
      • Exhibit 104: Market opportunity by geography (MT) - Volume

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Acron Group
              • Exhibit 111: Acron Group - Overview
              • Exhibit 112: Acron Group - Business segments
              • Exhibit 113: Acron Group - Key offerings
              • Exhibit 114: Acron Group - Segment focus
            • 12.4 Agropolychim AD
              • Exhibit 115: Agropolychim AD - Overview
              • Exhibit 116: Agropolychim AD - Product / Service
              • Exhibit 117: Agropolychim AD - Key offerings
            • 12.5 Casale SA
              • Exhibit 118: Casale SA - Overview
              • Exhibit 119: Casale SA - Key offerings
            • 12.6 CF Industries Holdings Inc.
              • Exhibit 120: CF Industries Holdings Inc. - Overview
              • Exhibit 121: CF Industries Holdings Inc. - Business segments
              • Exhibit 122: CF Industries Holdings Inc. - Key news
              • Exhibit 123: CF Industries Holdings Inc. - Key offerings
              • Exhibit 124: CF Industries Holdings Inc. - Segment focus
            • 12.7 EuroChem Group AG
              • Exhibit 125: EuroChem Group AG - Overview
              • Exhibit 126: EuroChem Group AG - Product / Service
              • Exhibit 127: EuroChem Group AG - Key news
              • Exhibit 128: EuroChem Group AG - Key offerings
            • 12.8 KBR Inc.
              • Exhibit 129: KBR Inc. - Overview
              • Exhibit 130: KBR Inc. - Business segments
              • Exhibit 131: KBR Inc. - Key news
              • Exhibit 132: KBR Inc. - Key offerings
              • Exhibit 133: KBR Inc. - Segment focus
            • 12.9 Koch Industries Inc.
              • Exhibit 134: Koch Industries Inc. - Overview
              • Exhibit 135: Koch Industries Inc. - Product / Service
              • Exhibit 136: Koch Industries Inc. - Key news
              • Exhibit 137: Koch Industries Inc. - Key offerings
            • 12.10 Koncernas Achemos Grupe
              • Exhibit 138: Koncernas Achemos Grupe - Overview
              • Exhibit 139: Koncernas Achemos Grupe - Product / Service
              • Exhibit 140: Koncernas Achemos Grupe - Key offerings
            • 12.11 Linde Plc
              • Exhibit 141: Linde Plc - Overview
              • Exhibit 142: Linde Plc - Business segments
              • Exhibit 143: Linde Plc - Key news
              • Exhibit 144: Linde Plc - Key offerings
              • Exhibit 145: Linde Plc - Segment focus
            • 12.12 LSB Industries Inc
              • Exhibit 146: LSB Industries Inc - Overview
              • Exhibit 147: LSB Industries Inc - Product / Service
              • Exhibit 148: LSB Industries Inc - Key offerings
            • 12.13 Mitsubishi Gas Chemical Co. Inc.
              • Exhibit 149: Mitsubishi Gas Chemical Co. Inc. - Overview
              • Exhibit 150: Mitsubishi Gas Chemical Co. Inc. - Business segments
              • Exhibit 151: Mitsubishi Gas Chemical Co. Inc. - Key offerings
              • Exhibit 152: Mitsubishi Gas Chemical Co. Inc. - Segment focus
            • 12.14 Nutrien Ltd.
              • Exhibit 153: Nutrien Ltd. - Overview
              • Exhibit 154: Nutrien Ltd. - Business segments
              • Exhibit 155: Nutrien Ltd. - Key offerings
              • Exhibit 156: Nutrien Ltd. - Segment focus
            • 12.15 OCI N.V.
              • Exhibit 157: OCI N.V. - Overview
              • Exhibit 158: OCI N.V. - Key offerings
            • 12.16 Uralchem JSC
              • Exhibit 159: Uralchem JSC - Overview
              • Exhibit 160: Uralchem JSC - Key offerings
            • 12.17 Yara International ASA
              • Exhibit 161: Yara International ASA - Overview
              • Exhibit 162: Yara International ASA - Business segments
              • Exhibit 163: Yara International ASA - Key news
              • Exhibit 164: Yara International ASA - Key offerings
              • Exhibit 165: Yara International ASA - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 13.5 List of abbreviations
                • Exhibit 172: 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.

              INFORMATION 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

              DATA 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

              REPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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