PUBLISHER: The Business Research Company | PRODUCT CODE: 1703028
PUBLISHER: The Business Research Company | PRODUCT CODE: 1703028
Calcium ammonium nitrate (CAN) is an inorganic fertilizer that provides essential nutrients for plant growth, supplying both calcium and nitrogen. It typically contains about 8% calcium and 21%-27% nitrogen. Due to its hygroscopic and endothermic properties, it is used in agriculture and instant cold packs, and requires careful handling.
The main types of calcium ammonium nitrate on the market include those with 27% nitrogen content, 15.5% nitrogen content, and other variations. Calcium ammonium nitrate with 27% nitrogen is used as a nitrogenous fertilizer to enhance soil fertility and increase crop yields. It is available in various grades, including standard grade and granular or pelletized forms, and comes in both liquid and solid formats. Its applications cover a range of uses, such as inorganic fertilizers, concrete, explosives, ice packs, clear-water drilling, and additives, serving industries such as agriculture, nurseries and greenhouses, and turf management and landscaping.
The calcium ammonium nitrate market research report is one of a series of new reports from The Business Research Company that provides calcium ammonium nitrate market statistics, including the calcium ammonium nitrate industry global market size, regional shares, competitors with calcium ammonium nitrate market share, detailed calcium ammonium nitrate market segments, market trends, and opportunities, and any further data you may need to thrive in the calcium ammonium nitrate industry. These calcium ammonium nitrate market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The calcium ammonium nitrate market size has grown strongly in recent years. It will grow from $3.15 billion in 2024 to $3.35 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to rise in demand from the agricultural sector, increase in food demand, surge in government subsidies and support, and increase in concerns about environmental impact.
The calcium ammonium nitrate market size is expected to see strong growth in the next few years. It will grow to $4.24 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to expanding agricultural exports, increasing climate change, growing emphasis on sustainable agricultural practices, and increasing use of medical cold packs. Major trends in the forecast period include technological integration, adoption of customized fertilizer solutions, advancements in farming techniques, advancements in fertilizer formulations, and advancements in supply chain logistics.
The expanding agricultural sector is projected to drive growth in the calcium ammonium nitrate market. This growth is fueled by significant investments in agricultural infrastructure, which enhance productivity, market access, and reduce post-harvest losses, thereby helping farmers meet the increasing global food demand. Calcium ammonium nitrate benefits the agricultural industry by providing a readily available source of nitrogen and calcium, which supports plant growth, improves soil structure, and boosts crop yields. For example, the Department for Environment, Food, and Rural Affairs, a UK-based government department, reported in July 2023 that the productivity of the UK's agricultural sector increased by 3.4% from 2021 to 2022. Additionally, total crop output rose by 1.7% in 2022, with oilseed rape and barley production growing by 39% and 12%, respectively. This growth in the agricultural sector is driving the demand for calcium ammonium nitrate.
Key players in the calcium ammonium nitrate (CAN) market are focused on developing innovative products, such as nitrogen-based fertilizers, to minimize environmental impact, enhance nutrient delivery, and boost crop yields, while addressing the increasing demand for sustainability. Nitrogen-based fertilizers, including ammonium nitrate, urea, and calcium ammonium nitrate (CAN), play a vital role in promoting crop growth and improving yields. However, the environmental concerns associated with their use have led to the creation of more sustainable, low-carbon alternatives. For example, in March 2024, Argus Media, a UK-based media company, introduced its first assessments for low and zero-carbon nitrogen fertilizers. These assessments for low and zero-carbon calcium ammonium nitrate (CAN) fertilizers estimate production costs using blue or green ammonia, aiming to enhance transparency regarding the environmental impact and costs associated with producing CAN with reduced carbon emissions. Argus Media provides global energy and commodity price assessments across various sectors, including energy, agriculture, chemicals, and fertilizers.
In July 2023, Agrofert Group, a Czech Republic-based conglomerate, acquired the nitrogen business of Borealis AG for $884 million. This acquisition enhances Agrofert's capabilities in the European fertilizers market by integrating Borealis' production assets in Austria, Germany, and France, along with its extensive sales and distribution network. Borealis AG, an Austria-based chemical manufacturer, specializes in producing a variety of fertilizers, including calcium ammonium nitrate, ammonium nitrate, and urea ammonium nitrate.
Major companies operating in the calcium ammonium nitrate market are Koch Industries Inc., BASF SE, Nutrien Ltd., Sinochem, Yara International ASA, Sumitomo Chemical Co. Ltd., Mosaic Company, ICL Group Ltd., Yunnan Yuntianhua Co. Ltd., EuroChem Group AG, K+S AG, Hubei Xingfa Chemicals Group Co. Ltd., Coromandel International Limited, Borealis AG, Acron Group, China BlueChemical Ltd., Saudi Arabian Fertilizer Company, Gujarat State Fertilizers & Chemicals Limited, Deepak Fertilisers and Petrochemicals Corporation Limited, Uralchem Group, Qatar Fertiliser Company, Indian Farmers Fertiliser Cooperative Limited, Achema AB, Wentong Potassium Salt Group Co.Ltd.
Asia-Pacific was the largest region in the calcium ammonium nitrate market in 2024. The regions covered in the calcium ammonium nitrate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the calcium ammonium nitrate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The calcium ammonium nitrate market consists of sales of prilled calcium ammonium nitrate and nitro-limestone. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Calcium Ammonium Nitrate Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on calcium ammonium nitrate market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for calcium ammonium nitrate ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The calcium ammonium nitrate market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
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