Ammonium Nitrate Market: 2021 Global Size, Leading Players, Analysis, Sales Revenue and Forecast 2027
Ammonium Nitrate Market was valued at US$ 13.20 Bn. in 2020. Global Ammonium Nitrate Market size is estimated to grow at a CAGR of 9.24% during the forecast period.
Ammonium Nitrate Market Overview:
An ammonium nitrate is a white, water-soluble, crystalline substance. It has the potential to form an explosive mixture on the addition of ingredients. It is a chemical ingredient of agricultural fertilisers and used as an ingredient for the production of anaesthetic gases and cold packs. It is also a key ingredient in the manufacture of commercial explosives, which are used in mining and construction. The Global Ammonium Nitrate demand for its applications in fertilizer is expected to grow at a rate of 10.40%. Ammonium nitrate production capacity is expected to grow in Asia Pacific because of its wide usage in agriculture industry.
Maximize Market Research's Ammonium Nitrate Market Report offers readers an evaluation of the worldwide market landscape via the use of a thorough viewpoint. This report on the Ammonium Nitrate Market examines the situation from 2022 to 2027, with 2021 serving as the base year and 2017 to 2020 covering historical data. With the support of a plethora of information contained in the study, this report helps readers to make critical business decisions.
Ammonium Nitrate Market Scope:
This report on the Ammonium Nitrate market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The country-wise model mapping of Ammonium Nitrate using internal and external proprietary information, as well as pertinent patent and regulatory databases, determine market volume. The competitive scenario of the Ammonium Nitrate market is supported by an assessment of the different factors that influence the market on a minute and granular level. Researchers in the Ammonium Nitrate industry arrive at forecasts and projections and compute the market prognosis by extensively examining historical data, current trends, and announcements by major companies.
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Ammonium Nitrate Market Segmentation:
Based on the Application, ammonium nitrate market is segmented into fertilizer, explosives and others. In the agricultural industry, fertilizers are used to boost the plant growth. It contains essential nutrients for plants, which deliver healthy growth to crops. Ammonium nitrate is one such fertilizer, which is used for providing adequate levels of nitrogen to plants. Fertilizer segment is expected to contribute more than 60% share in the Indian market because of its usages by farmers to increase the food production. The agricultural food demand across the globe, the requirement for solid ammonium nitrate for fertilisers is expected to increase the production of ammonium nitrate during the forecast period.
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Ammonium Nitrate Market Key Players:
• Orica
• Enaex S.A
• CF Industries Holdings Inc.
• San Corporation
• OSTCHEM Holding Company
• EuroChem Group AG
• Austin Powder International
• Abu Qir Fertilizers Co
• Neochim PLC
• Fertiberia SA
• Uralchem JSC
• Vale Fertilizantes
• Dorogobuzh JSC
• Yara International
• Incitec Pivot Limited Inc.
• Borealis
• Fertiberia SA
• DFPCL
• CSBP Limited
• Uralchem
Depending on the client's subscription period, this report provides market monitoring for a specific area of the client's interest and provides up-to-date information on strategic initiatives such as mergers, acquisitions, partnerships, expansions, and product launches for leading companies on a regional scale for various industries or markets. Our data is regularly updated and amended by a team of research specialists to reflect the most recent trends and facts. We have extensive expertise in research and consulting for many business fields to meet the needs of both individual and corporate clients. Our skilled staff makes use of proprietary data sources as well as a variety of other methods. The key players in the Ammonium Nitrate industry …
Ammonium Nitrate Market Regional Analysis:
North America (the United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), the Middle East, and Africa have all been researched (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The research provides regional competitive situations. These insights assist market participants in improving tactics and creating new chances to achieve extraordinary results.
COVID-19 Impact Analysis on Ammonium Nitrate Market:
The Global Ammonium Nitrate Market Research Report provides an overview of the industry based on important factors such as market size, sales, sales analysis, and key drivers. During the projected period, the market is predicted to increase significantly (2021-2027). This report also includes the most recent market impacts of COVID-19. The pandemic's spread has had a wide-ranging impact on people's lives all around the world. As a result, markets have been compelled to embrace new norms, trends, and strategies. Essentially, the study report attempts to give a picture of the market's initial and future estimates.
Key Questions Answered in the Ammonium Nitrate Market Report are:
- What are the new competitive developments in the Ammonium Nitrate market?
- What is the market size and share of Ammonium Nitrate ?
- How can I get sample reports/company profiles of the Ammonium Nitrate market?
- Who are the potential customers of the Ammonium Nitrate market?
- Which are the leading players in the Ammonium Nitrate market?
- How can I get company profiles on the top ten players of the Ammonium Nitrate market?
- Which region is and will provide more business opportunities for Ammonium Nitrate in the future?
- Who are the service providers of the Ammonium Nitrate industry?
- What are the key growth strategies of Ammonium Nitrate industry players?
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