Ammonia Market, By Form, By Application, By End Use Industry, By Geography

Description

Global Ammonia Market is estimated to be valued at USD 82.86 Bn in 2025 and is expected to reach USD 127.09 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.3% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 82.86 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	6.30%	2032 Value Projection:	USD 127.09 Bn

Figure. Ammonia Market Share (%), By Region 2025

Global ammonia market has witnessed significant growth at an exponential rate in the near future. Ammonia has a wide range of applications across various end-use industries including agricultural, refrigeration, industrial chemicals, and others. Increasing demand from agricultural sector for ammonia-based fertilizers is driving the market growth. Ammonia acts as a building block for the production of numerous nitrogen-containing compounds which are further used across many industries like plastics, dyes, and pharmaceuticals. Growing food demand owing to rising global population coupled with the expansion of agricultural activities in emerging nations are propelling the demand for ammonia over the forecast period.

Market Dynamics:

This market is driven by factors such as rising consumption from agricultural sector, increasing demand for nitrogenous fertilizers, and growing food demand. Ammonia is a chief nitrogenous fertilizer which finds widespread application in the production of urea, ammonium nitrate, and other nitrogen-based fertilizers to increase crop yield. According to the Food and Agriculture Organization (FAO) of the United Nations, a specialized agency of the United Nations that leads international efforts to defeat hunger and improve nutrition and food security, global fertilizer consumption needs to be doubled by 2050 to meet the growing food demand of rising population. This, in turn, is anticipated to significantly fuel the ammonia consumption over the next decade. However, stringent environmental regulations regarding greenhouse gas emissions from ammonia production plants and fluctuating natural gas prices are expected to restrain the market growth. Development of advanced production technologies in ammonia to reduce greenhouse emissions and growing demand for hybrid fertilizers presenting new opportunities.

Key Features of the Study:

This report provides an in-depth analysis of the global ammonia market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key market players
It profiles key players in the global ammonia market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., Potash Corporation of Saskatchewan Inc., Dangyang Huaqiang Chemical Co., Ltd., Shanxi Jinfeng Coal Chemical Co Ltd., GTS Chemical Holdings plc., Togliattiazot, OCI Nitrogen B.V., Agrium Inc., Sabic, and Koch Fertilizer, LLC, among others
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
This market report caters to various stakeholders in the global ammonia market including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ammonia market

Detailed Segmentation:

By Form
- Liquid
- Gas
- Powder
By Application
- Fertilizers
- Refrigerants
- Cleansing Agents
- Explosives
By End Use Industry
- Agriculture
- Pharmaceutical
- Textile
- Chemical
- Plastics
- Pulp and Paper
- Others (Mining, Water Treatment, etc.)
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles
- Yara International ASA
- BASF SE
- CF Industries Holdings, Inc.
- Nutrien Ltd.
- Potash Corporation of Saskatchewan Inc.
- Dangyang Huaqiang Chemical Co., Ltd.
- Shanxi Jinfeng Coal Chemical Co Ltd.
- GTS Chemical Holdings plc.
- Togliattiazot
- OCI Nitrogen B.V
- Agrium Inc.
- Sabic
- Koch Fertilizer, LLC

Product Code: CMI2157

1. Research Objective and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By End Use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Strong demand from agricultural sector
Fertilizer production
- Restraints
Stringent environment regulations
Health hazards
- Opportunities
Growth in agricultural industry
Increasing demand for refrigerants
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Global Ammonia Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Ammonia Market, By Form, 2020 - 2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)

6. Global Ammonia Market, By Application, 2020 - 2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Refrigerants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Cleansing Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Explosives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)

7. Global Ammonia Market, By End Use Industry, 2020 - 2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Agriculture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Textile
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Chemical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Plastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Pulp and Paper
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Others (Mining, Water Treatment, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)

8. Global Ammonia Market, By Region, 2020 - 2032, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, By Region, 2021 - 2032
- Region Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2021 - 2032, (US$ Bn)
  - U.S.
  - Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2021 - 2032, (US$ Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2021 - 2032, (US$ Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2021 - 2032, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2021 - 2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2020 - 2032, (US$ Bn)
  - Middle East
  - Africa

9. Competitive Landscape

Company Profiles
- Yara International ASA
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Strategies
- BASF SE
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Strategies
- CF Industries Holdings, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Strategies
- Nutrien Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Strategies
- Potash Corporation of Saskatchewan Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Strategies
- Dangyang Huaqiang Chemical Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Strategies
- Shanxi Jinfeng Coal Chemical Co Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Strategies
- GTS Chemical Holdings plc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Strategies
- Togliattiazot
- OCI Nitrogen B.V
- Agrium Inc.
- Sabic
- Koch Fertilizer, LLC
Analysts Views

10. Section

References
Research Methodology
About us