Ammonia Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Ammonia is defined as gas formed from nitrogen and hydrogen which is a colorless and typically possesses pungent smell. It finds application in production of various industrial chemicals. It is extensively used in the manufacturing of urea, ammonium phosphates and ammonium sulphate. Additionally, they acts as a crucial feedstock component to manufacture nitric acid, which is considered a crucial precursor for specialty organic compounds.

MARKET DYNAMICS

The ammonia market has witnessed a significant growth owing to factors such as growing demand for nitrogen fertilizers. Moreover, rising use of ammonia as a significant substitute fuel in power generation and transportation provides a huge market opportunity for the key players operating in the ammonia market. However, growing ammonia emissions and stringent emission regulations formed by governmnet are altogether projected to hamper the overall growth of the ammonia market.

MARKET SCOPE

The "Global Ammonia Market Analysis to 2031" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ammonia market with detailed market segmentation by fiber type, application and geography. The global ammonia market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ammonia market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global ammonia market is segmented on the basis of fiber type and application. On the basis of 1,2,3-benzotriazole, the ammonia market is segmented into liquid, gas and powder. Based on applications, the global ammonia market is divided fertilizer, refrigerants, pharmaceuticals, textile and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ammonia market based on various segments. It also provides marketsize and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Ammonia market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the ammonia market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Ammonia market in these regions.

MARKET PLAYERS

The reports cover key developments in the ammonia market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The marketpayers fromAmmonia market is anticipated to lucrative growth opportunities in the future with the rising demand for Ammonia in the global market. Below mentioned is the list of few companies engaged in the ammonia market.

The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the ammonia market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Achema
  
•  BASF SE
  
•  CF Industries
  
•  Dow Chemical
  
•  Jiangsu Huachang Chemical
  
•  Koch Fertilizer
  
•  Linde Group
  
•  OCI Nitrogen
  
•  SABIC
  
•  Yara International
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Ammonia Report Scope