In China, ammonia is mostly produced from coal gasification, whereas globally it is mostly obtained from natural gas. This demand accounted for approximately 46% of the global estimated demand for ammonia, which was pegged at approximately 62 million tons in 2016. As the ammonia industry has been ill-famous for burdening the planet with greenhouse gases by consuming a major chunk of fossil fuels and conventional energy sources, industry players are shifting to manufacturing bio ammonia … In value terms, Turkey ($273M) constitutes the largest market for imported anhydrous ammonia in the Middle East, comprising 83% of total imports. The current market size of the global green ammonia market is USD 17 million in 2019. One of the major factors augmenting the demand for medicines is the constantly growing prevalence of chronic diseases throughout the globe. Ammonia Market Size 2020 Demand, Global Trend, News, Business Growth, Top Key Players Update, Business Statistics and Research Methodology by Forecast to 2026 Post author By Credible Markets Post date November 25, 2020 - 201301 India, Copyright © 2020. The solution can cause burns and irritation. Asia Pacific was the major producer and consumer of ammonia in 2016. We stand by our report quality. Furthermore, this continual trend shall have a cascading effect on food productivity and crop yields on economies that are predominantly agrarian, during a time when demand for Agri produce shall register a spike over the medium term. Anhydrous ammonia is the purest form of ammonia, which does not contain any water molecule. Furthermore, the market is also poised to witness a considerable growth on account of the growing usage of ammonia as a refrigerant owing to numerous beneficial properties such as it is considered safe for the environment and ammonia-based refrigeration systems consume less electricity. The global ammonia market is projected to reach a total market size of US$64.390 billion in 2025. The global ammonia market was valued at US$ 48.99 billion in 2017 and is expected to expand at a CAGR of 5.4% in terms of revenue during 2018–2025, owing to … Please fill out the form below for a free PDF report sample & The ammonia market is projected to grow at a CAGR of 3.62% during the forecast period. This helps a new entrant to be on par with the competitors in the market in terms of growth expectation and cost estimation of the production and sales. The Global Ammonia Market Size Demand to grow at a CAGR of 3.5-4.0 percent: The total global demand is expected to increase from 196MMT to 225MMT by 2023 The fertilizer segment to drive the demand: Significant demand is expected from the fertilizer chemicals segment with the growing population in the developing region. It is usually transported in steel cylinders in the form of compressed liquid. Press release - Market Intelligence Data - Green Ammonia Manufacturing Market Global Size, Demand, Top Companies, Revenue and Growth 2025 - … There are high applications of ammonia in the pharmaceutical industry for the manufacture of sulfa drugs, vitamins, and cosmetics among others. [Original Price: $4595] [Discount Price: 4135.5] You Will Get Custom Report at Syndicated Price on Ammonia Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 Ammonia Market Size to Reach USD 70.75 Million by 2025 | Increasing Landscape of Ammonia Industry Weighs Up with Lucrative 5.85% CAGR Growth Rate The rising supply owing to increasing capacity and weaker demand is the major reason for the gap in the market. This allows the usage of refrigerant equipment in a smaller heat transfer area, which results in lower plant construction costs and operating costs of the system. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the global ammonia market. The largest addition is anticipated to be in Indonesia and China. Some of the global players operating in the industry include Yara International; BASF SE; CF Industries Holdings, Inc.; PotashCorp; Huaqiang Chem Group; Shanxi Jinfeng Coal Chem; Rashtriya Chemicals & Fertilizers Ltd.; China Petroleum & Chemical Corporation; and China National Petroleum Corporation. Dec 04, 2020 (Market Insight Reports) -- Liquid Anhydrous Ammonia Market is estimated to reach USD XX billion by 2028 This detailed market study covers... Advertisement The booming demand for ammonia across the agriculture industry as fertilizers as it is a major source of nitrogen is one of the key factors playing a significant role in shaping up the market growth during the forecast period. 1.3.2 Europe Bio Ammonia Market Size and Growth Rate of Ammonia from woody biomass from 2014 to 2026. The product is also the building block for the world nitrogen industry It is majorly used in fertilizers and industrial & household cleaning. Growing demand for agricultural products has made China a … As ammonia reacts instantly with clay particles, soil, and organic matter which is also an additional factor boosting its application in the agricultural sector. The product is also the building block for the world nitrogen industry. Its molecular formula is NH3 or H3N with a molecular weight of The global players are investing in the research & development activities for innovating new and developed processes. Amid the COVID-19 crisis, the global market for Ammonia estimated at US$54. of Pages: 103 Base Year for Estimate: 2019 Format: Electronic (PDF) Global Green Ammonia Market is valued approximately at USD 9.52 million in 2019 and is anticipated to grow with a healthy growth rate of more than … Several types of catalysis can be used in the process such as iron oxide, aluminum oxide, and magnesium oxide. It is manufactured from three parts of hydrogen and one part of nitrogen. The growing focus of pharma companies towards the development and launch of new drugs and vaccines to meet the growing demands has further lead to an upsurge in the demand for ammonia to be used in the manufacturing of vitamins and other drugs, thus positively impacting the market growth during the next five years. This study examines the global market size of Ammonia(value, power, production, and consumption) in key regions. 1.4.2 Europe Bio Ammonia Market Size and … In the gaseous form, it combines with moisture present in the dirt, which in turn results in ammonia-enriched fertilizer soil. What factors are anticipated to drive ammonia market growth? Global Ammonia Market Size And Forecast Report ID: 350537 Published Date: Jun 2020 Publisher: Market Research Intellect No. The global ammonia market is touted to record a substantial market valuation of USD 68.35 billion by 2028. India and China are some of the crop-producing countries in the region which is a major factor supplementing the demand for fertilizers. Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". Thus, a significant increase in the adoption of ammonia as a refrigerant is projected to augment the growth of this segment in the coming years. As the natural gas accounts for around 50% of the production cost for nitrogen fertilizer, the availability of cheap natural gas in the country is expected to be a major driving factor for industry growth in the region. It belongs to the group of natural refrigerants and is considered as the most environmentally-friendly refrigerant. Ammonia is readily used in the agricultural application as it rapidly reacts with clay particles, organic matter, free hydrogen ions, and soil water (that prevent the volatilization of ammonia). Moreover, it is not highly combustible but may explode when exposed to high heat. It has zero Ozone Depletion Potential (ODP) and Global Warming Potential (GWP). By application, the segmentation of the market has been done on the basis of agriculture, mining, refrigeration, pharmaceuticals, and others. It is a colorless gas that has a distinct odor. Design an exclusive study to serve your research needs. Numerous global suppliers of ammonia exist. Fertilizer is the largest end use sector and currently represents the biggest driver of … H-140, Sector 63 Noida, U.P. The growth of respective industries in the region that use ammonia will further positively influence the market growth in the region. This weaker demand is due to lower crop & food prices, poor economic prospects, fluctuating energy prices, and rising competition. For the purpose of this study, Grand View Research has segmented the global ammonia market on the basis of product form, application, and region: Product Form Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025), Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025), Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025), We never share your personal data. 3 Billion by the Year 2027. The compound is readily used in its diluted form in industrial cleaning and in the manufacturing & synthesis of some molecules. The ' Ammonia (NH3) Gas Detection market' study Added by Market Study Report, LLC, provides an in-depth analysis pertaining to potential drivers fueling this industry. The U.S. is among the major producers of ammonia globally. Prominent/major key market players in the global ammonia market include BASF SE, Yara, andEuroChem Group among others. Secondary Research The research methodology used to estimate and forecast the industrial refrigeration system market begins with capturing data on revenues of the key vendors in the market through secondary research. Ammonia is … Ammonia Market Size to Reach USD 70.75 Million by 2025 | Increasing Landscape of Ammonia Industry Weighs Up with Lucrative 5.85% CAGR … The yearly forecast and prediction for the years 2020 to 2025 have been enclosed by the report along with a comprehensive analysis for all the segments and regions. Amid the COVID-19 crisis, the global market for Ammonia estimated at US$54. The major capacity addition is projected to be in the Middle East & Africa, Central & South America, and Southeast Asia. Ammonia Market Size – USD 55.01 Billion in 2018, Market Growth - CAGR of 5.7%, Market Trends – Shifting dietary trend and increase in R&D activities. Please wait while we are processing your request... Ammonia Market Size & Outlook, Industry Forecast Report, 2014-2025, Request discounts available for Start-Ups & Universities. However, the refrigeration segment is projected to show a significant growth during the next five years owing to the fact that there has been a growing focus towards the conservation of energy and the environment both. What is the estimated growth rate of the global ammonia market? Secondary Research The research methodology used to estimate and forecast the industrial refrigeration system market begins with capturing data on revenues of the key vendors in the market through secondary research. The second position in the ranking was occupied by Jordan ($30M), with a 9.1% Chemicals-Materials Global Ammonia 2020 to 2027. The liquid form of the product dominated the market, in terms of revenue, with over 45% share in 2016. In the U.S., approximately 45% of the product is consumed in nitrogen fertilizer and the remaining is used for producing synthetic fibers plastics, resins, and various other chemical compounds. The wide usage of ammonia across the pharmaceutical industry as an ingredient is also anticipated to positively impact the market growth during the next five years. Thus, the wide usage of liquid ammonia in cleaning solutions and the agricultural sector are the major factors amplifying the demand for ammonia in liquid form. Global Ammonia Nh3 Gas Sensor Market Report 2019 - Market Size, Share, Price, Trend and Forecast 世界のアンモニア（NH3）ガスセンサー市場2019：市場規模・シェア・価格・動向・予測 タイトル：Global Ammonia Nh3 For application in fertilizers, it is compressed into a liquid and then mixed with different plant enhancers. Rising demand for the nitrogenous fertilizers, as well as environmentally sustainable and eco-friendly refrigerants, are driving the market. Global Ammonia Market to Reach US$70. Thus, the growth of the pharmaceutical industry and the cosmetics industry will directly impact the demand for ammonia. The global ammonia market is projected to register a moderate 4.02% CAGR in the forecast period. Q5. Ammonia Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2020-2027 ID : ME_111506 Format : PDF April, 2020 Pages : 114 Furthermore, ammonia is also used for the manufacturing of liquid fertilizer products that consist of urea, ammonium nitrate, and aqua ammonia. With an increasing focus on energy consumption systems, ammonia refrigeration systems are a sustainable and safe option. In North America, the production size is 24 MMT while in Europe the production size is much higher at 56 MMT. CAGR of 3.62%, Market Size: $64.390 billion in 2025. Geographically, the Asia Pacific region is expected to hold a significant amount of share in the market throughout the forecast period. It is vital to understand the production size as it gives a full picture of the capacities in various regions for the ammonia market. The process involves a direct reaction between elemental nitrogen & hydrogen in the presence of high temperature, catalyst, and elevated temperature. This report forecasts volume and revenue growth at the global, regional, and country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. Q4. Ammonia Market size is anticipated to witness a surge in demand due to rising product application in multiple downstream industries including agriculture, pharmaceuticals and consumer goods.Increasing utilization of ammonia particularly in the fertilizer industry will boost business growth. Fertilizer is the major application of the product as well as an important source of nitrogen in the agricultural industry, which is expected to benefit the market over the forecast period Market Synopsis of Ammonia Market: Globally, the market for ammonia … A5. The statistical graphing report on the global Ammonia Caramel Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts. This new market research report forecasts on Ammonia Market providing complete market figures, consisting market size and estimation by Ammonia Market application and products depending upon geographical location for the forecasting period 2012 to 2022. Global Ammonia Market Scope and Market Size The study is segmented and sub-segmented into types, applications, regions, products, players, and growth that was observed. Moreover, regional players are investing heavily in capacity expansions with an aim to meet the growing domestic as well international demand for ammonia, which further shows the potential for the market to witness a growth in the coming five years. The product is even well recognized as the building block for the global nitrogen industry. The current pandemic situation has created disruption in the manufacturing of agrochemicals by virtue of raw material availability. Ammonia belongs to the group of natural refrigerants and is often considered environmentally friendly as it has low global warming as well as ozone depletion potential. The gas can be easily compressed, which forms a colorless & clear liquid under pressure. The rising demand for the product in the end-use application is expected to boost the ammonia market over the forecast period. In the laboratory, it is synthesized by the hydrolysis of a metal nitride. This facility is expected to produce 1 million tons ammonia per year and is considered to be the largest in Europe. According to this study, over the next five years, the Ammonia Caramel market will register an xx% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2020. Major market players in the market have been covered along with their relative competitive position and strategies and the report also mentions recent deals and investments of different market players over the last few years. It easily dissolves in water and forms an ammonium hydroxide solution. It is also used in the manufacturing of various liquid fertilizer solutions that consist of ammonium nitrate, aqua ammonia, and urea. On Geographical basis ammonia market is segmented into North America, South America, Europe, Asia Pacific, and Middle East & Africa. On the basis of form, the market has been classified into dry, liquid, and gas. Geographically, the global market has been distributed into North America, South America, Europe, Middle East and Africa, and Asia Pacific among others. Our support available to help you 24 hours a day, five days a week. Ammonia Market report spread across 125 pages, include 35 table and 11 figures, also profiled top 10 global market players. Governments across the developing world are vying to incrementally ease restrictions on the manufacturing of fertilizers and maintain seasonal agricultural activities in order to reduce concerns regarding food security, which is a critical indicator for determining the course of a supply gap in the industry. Globally, the capacity is anticipated to increase significantly. Other application industries include textiles, pharmaceuticals, industrial & household cleaning, food and beverages, metallurgical processes, water and wastewater treatment, rubber, pulp & paper, and leather. This study categorizes manufacturers, country, form and application global Ammonia breakdown data, also analyzes market status, market share, growth rate, future trends, market drivers, opportunities and challenges, threats and entry barriers, sales channels, and distributors. On the basis of product form, the industry can be segmented into gas, liquid, and powder. For instance, in August 2019, KBR Inc., announced the successful startup of its SC EuroChem Northwest Phosphorit 2,890 MTPD ammonia plant in Kingisepp, in Russia. Indian Ammonia Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 The Indian ammonia market reached a consumption volume of nearly 15 Million Tons in 2019. Global Bio Ammonia Market Overview The Global Bio Ammonia Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e Copyright © 2021 Grand View Research, Inc. All rights reserved. China is the largest producer of the product and the country’s market is anticipated to ascend at a CAGR of 6.3% from 2017 to 2025. In particular, this The rising demand for ammonia in the fertilizer industry is expected to boost industry growth. Global ammonia market is projected to grow and cross $ 68 billion by 2025.Wide use of ammonia in fertilizer industry is one of the key factors which is … online dashboard trial. Ammonia can be easily compressed and can be further converted into a colorless liquid under pressure. Other capabilities such as better heat transfer properties when compared with other refrigerants further make it suitable for smaller areas thus making the plant construction costs considerably lower. Ammonia market is evaluated at US$52.004 billion for the year 2019. 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