Ammonia Market Share

  • Report ID: 4518
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Ammonia Market Share

Regionally, the global ammonia market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in the Asia Pacific region is projected to hold the largest market share by the end of 2037 on the back of increasing agricultural activities, growing crop production, and high production rates of ammonia in the region. China is estimated to be the largest ammonia producer in the Asia Pacific, and it produced about 40 million metric tons of contained nitrogen in 2021.

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Ammonia-Market-Growth
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Author Credits:  Rajrani Baghel


  • Report ID: 4518
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ammonia is assessed at USD 91.69 billion.

The ammonia market size was over USD 86.63 billion in 2024 and is poised to reach USD 215.6 billion by the end of 2037, growing at around 7.2% CAGR during the forecast period i.e., between 2025-2037. Increasing use of ammonia in maritime shipping and the rising production of explosives will boost the market growth.

Asia Pacific region is anticipated to hold majority industry share by 2037, on the back of increasing agricultural activities, growing crop production, and high production rates of ammonia in the region.

The major players in the market include Yara International ASA, CF Industries Holdings, Inc., Nutrien Ltd., Group DF, OCI N.V., EuroChem Group AG, SABIC, Orica Limited, Uralchem JSC, AB “Achema”.
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