The global Ammonia market has reached around 166 million tonnes in 2024 and is expected to grow at a CAGR of 4.48% during the forecast period until 2035.
Ammonia is a colorless gas with a characteristic smell. On the industrial level, Ammonia is mainly obtained from Haber Process. In this process, atmospheric nitrogen is combined with gaseous hydrogen under high pressure and temperature using a catalyst. Also, Ammonia can be generated using coal. Ammonia is used as a raw material for manufacturing nitrogen fertilizer. Furthermore, this chemical is utilized for applications like air conditioner refrigeration, plastics, detergents, explosives, pesticides, etc.
The global Ammonia market is primarily driven by its application in the Agriculture & Fertilizers sector. in 2024, this industry consumed greater than 60% of the global Ammonia market. Regarding crop yield and agricultural productivity, the fertilizer sector is crucial. The usage of nitrogenous fertilizers is primarily in the agriculture sector. Fertilizer sales are projected to increase as a result of the expanding world population and rising food consumption. The global Ammonia market is expected to reach around 258 million tonnes by 2035. Furthermore, the application of Ammonia in the Pharmaceutical sector as a respiratory stimulant, as neutralizing agent, and for manufacturing drugs due to its anti-bacterial nature further propels the demand for Ammonia. Numerous household cleaning and disinfection products contain the active component ammonium hydroxide, a derivative of Ammonia. It is used to clean various surfaces, such as countertops, basins, bathtubs, floors, and others, which further contributes to the market expansion of global Ammonia.
The region of Asia Pacific demands the most significant volume of Ammonia on the global level. In 2024, this region accounted for the consumption of more than 40% of Ammonia on a global level. Additionally, it is anticipated that Ammonia's demand in this will increase at a higher CAGR over the course of the projection period due to factors such as population growth, resulting in rising demand for crop production, and the agriculture sector's growing reliance on fertilizers for healthy production of crops. Europe is also a prominent consumer of Ammonia, the demand primarily driven by energy production purposes. Currently, increasing energy efficiency and having the lowest CO2 emissions are being invested in by businesses. Based on production, the Asia Pacific region dominates the ammonia market, accounting for around 35% of global capacity in 2024.
Based on the end-user industry, the Ammonia market is segmented into sectors like Agriculture & Fertilizers, Textiles, Pharmaceutical, Explosives, Refrigeration, and Others. However, the Agriculture and Fertilizers Industry is the biggest end-user market of Ammonia. Furthermore, other industries like Textiles & Pharmaceutical are multiplying in the forecast period.
Significant companies for Global Ammonia are CF Industries, Nutrien Ltd., Jinmei Group, Yihua Group, Yara International ASA and Others.
Years considered for this report:
Historical Period: 2015- 2023
Base Year: 2024
Estimated Year: 2025
Forecast Period: 2026-2035
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The objective of the Study:
• To assess the demand-supply scenario of Ammonia, which covers the production, demand, and supply of Ammonia around the globe.
• To analyze and forecast the market size of Ammonia.
• To classify and forecast the Global Ammonia market based on end-use and regional distribution.
• To examine global competitive developments such as new capacity expansions, mergers & acquisitions, etc., for the Ammonia market.
To extract data for the Global Ammonia market, primary research surveys were conducted with Ammonia manufacturers, suppliers, distributors, wholesalers, and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst could include manufacturers that could not be identified because of the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for the Global Ammonia market over the coming years.
ChemAnalyst calculated Ammonia demand around the globe by analyzing historical data and demand forecast, which was carried out considering the production of raw materials to produce Ammonia. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ammonia manufacturers and other stakeholders
• Organizations, forums, and alliances related to Ammonia distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ammonia manufacturers, customers, and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Ammonia market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2024
166 million tonnes
Market size Volume by 2035
258 million tonnes
Growth Rate
CAGR of 4.48% from 2024 to 2035
Base year for estimation
2025
Historic Data
2015 – 2024
Forecast period
2026 – 2035
Quantitative units
Demand in million tonnes and CAGR from 2025 to 2035
Report coverage
Capacity By Company, Capacity by Location, Production by Company, Operating efficiency, Foreign Trade, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share
Segments covered
By End-Use: (Fertilizers, Industrial and Others.)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Ammonia.
2. Capacity By Location
To better understand the regional supply of Ammonia by analyzing its manufacturers' location-based capacity.
3. Production By Company
Study the historical annual production of Ammonia by the leading players and forecast how it will grow in the coming years.
4. Demand by End- Use
Discover which end-user industry (Agriculture & Fertilizers, Textiles, Pharmaceutical, Explosives, Refrigeration, and Others) are creating a market and the forecast for the growth of the Ammonia market.
5. Demand by Region
Analyzing the change in demand of Ammonia in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
6. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Ammonia. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
7. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Ammonia.
8. Company Share
Figure out what proportion of the market share of Ammonia is currently held by leading players across the globe.
9. Country-wise Export
Get details about quantity of Ammonia exported by major countries.
10. Country-wise Import
Get details about quantity of Ammonia imported by major countries.
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tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
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of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What is the expected global market size of Ammonia in terms of volume for 2035?
Ans:
The global market size of Ammonia is expected to reach approximately 258 million tonnes by 2035, with an expected CAGR of 4.48% till 2035.
Q2.
What are the major end-use industries of Ammonia?
Ans:
Ammonia is used in a wide range of end use industries including Fertilizers, Industrial and Others.
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Ans:
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