21
GLOBAL AMMONIA MARKET FORECAST & OPPORTUNITIES 2015 2025 MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com

Ammonia Market Size, Share & Forecast 2025

Embed Size (px)

DESCRIPTION

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 anticipated to drive the market during the forecast years.Click :https://bit.ly/3nobGwz

Citation preview

Page 1: Ammonia Market Size, Share & Forecast 2025

GLOBAL AMMONIA MARKET

FORECAST & OPPORTUNITIES

2015 – 2025

MARKET INTELLIGENCE . CONSULTINGwww.techsciresearch.com

Page 2: Ammonia Market Size, Share & Forecast 2025

2

Scope of ReportProduct of Interest (POI): Ammonia

Review Period

2015 – 2018

Base Year

2019

Estimated Year

2020

Forecast Period

2021 – 2025

Year Range

REGION

• North America

• Europe

• Middle East & Africa

• Asia-Pacific

• South America

The global ammonia market is expected to witness significant growth during the forecast period owingto the spurring demand from multiple downstream industries such as agriculture, consumer goods,pharmaceuticals, etc. Additionally, population outburst and increasing discretionary income followedby modern lifestyles in developing nations such as India, Brazil, Indonesia, etc., is escalating thedemand for agricultural products, thereby boosting the consumption of ammonia in fertilizerapplications.

Market Segmentation

MANUFACTURING PROCESS

• Steam Reforming

• Partial Oxidation

• Cryogenic Separation

• Coal Gasification

• Others

APPLICATION

• Fertilizers (Nitrogenous,

Phosphatic, Complex)

• Chemicals

(Caprolactam,

Acrylonitrile, Ammonium

Bicarbonate, Nitric Acid,

Ammonium Sulphate)

• Pharmaceuticals

• Electronics

• Refrigerants

• Household

• Food

• Others

Page 3: Ammonia Market Size, Share & Forecast 2025

3

Table of Contents

S. No. Contents Page No.

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Global Ammonia Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1.By Manufacturing Process (Steam Reforming, Partial Oxidation, Cryogenic Separation, Coal Gasification, Others)

5.2.2.By Application (Fertilizers (Nitrogenous, Phosphatic, Complex), Chemicals (Caprolactam, Acrylonitrile, Ammonium Bicarbonate, Nitric Acid, Ammonium Sulphate), Pharmaceuticals, Electronics, Refrigerants, Household, Food, Others)

5.2.3. By Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa)

5.2.4. By Company (2018)

6. Asia-Pacific Ammonia Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

Page 4: Ammonia Market Size, Share & Forecast 2025

4

Table of Contents

S. No. Contents Page No.

6.2. Market Share & Forecast

6.2.1. By Manufacturing Process

6.2.2. By Application

6.2.3. By Country

6.3. Asia-Pacific: Country Analysis

6.3.1. China Ammonia Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value & Volume

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Manufacturing Process

6.3.1.2.2. By Application

6.3.2. India Ammonia Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Manufacturing Process

6.3.2.2.2. By Application

6.3.3. Japan Ammonia Market Outlook

6.3.3.1. Market Size & Forecast

Page 5: Ammonia Market Size, Share & Forecast 2025

5

Table of Contents

S. No. Contents Page No.

6.3.3.1.1. By Value & Volume

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Manufacturing Process

6.3.3.2.2. By Application

6.3.4. South Korea Ammonia Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value & Volume

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Manufacturing Process

6.3.4.2.2. By Application

6.3.5. Indonesia Ammonia Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value & Volume

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Manufacturing Process

6.3.5.2.2. By Application

7. Europe Ammonia Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

Page 6: Ammonia Market Size, Share & Forecast 2025

6

Table of Contents

S. No. Contents Page No.

7.2.1. By Manufacturing Process

7.2.2. By Application

7.2.3. By Country

7.3. Europe: Country Analysis

7.3.1. France Ammonia Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value & Volume

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Manufacturing Process

7.3.1.2.2. By Application

7.3.2. Germany Ammonia Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value & Volume

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Manufacturing Process

7.3.2.2.2. By Application

7.3.3. United Kingdom Ammonia Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value & Volume

7.3.3.2. Market Share & Forecast

Page 7: Ammonia Market Size, Share & Forecast 2025

7

Table of Contents

S. No. Contents Page No.

7.3.3.2.1. By Manufacturing Process

7.3.3.2.2. By Application

7.3.4. Italy Ammonia Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value & Volume

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Manufacturing Process

7.3.4.2.2. By Application

7.3.5. Spain Ammonia Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value & Volume

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Manufacturing Process

7.3.5.2.2. By Application

8. North America Ammonia Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Manufacturing Process

8.2.2. By Application

Page 8: Ammonia Market Size, Share & Forecast 2025

8

Table of Contents

S. No. Contents Page No.

8.2.3. By Country

8.3. North America: Country Analysis

8.3.1. United States Ammonia Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value & Volume

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Manufacturing Process

8.3.1.2.2. By Application

8.3.2. Mexico Ammonia Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value & Volume

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Manufacturing Process

8.3.2.2.2. By Application

8.3.3. Canada Ammonia Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value & Volume

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Manufacturing Process

8.3.3.2.2. By Application

Page 9: Ammonia Market Size, Share & Forecast 2025

9

Table of Contents

S. No. Contents Page No.

9. South America Ammonia Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Manufacturing Process

9.2.2. By Application

9.2.3. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Ammonia Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value & Volume

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Manufacturing Process

9.3.1.2.2. By Application

9.3.2. Argentina Ammonia Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1 By Value & Volume

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Manufacturing Process

9.3.2.2.2. By Application

Page 10: Ammonia Market Size, Share & Forecast 2025

10

Table of Contents

S. No. Contents Page No.

9.3.3. Colombia Ammonia Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value & Volume

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Manufacturing Process

9.3.3.2.2. By Application

10. Middle East & Africa Ammonia Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Manufacturing Process

10.2.2. By Application

10.2.3. By Country

10.3. Middle East & Africa: Country Analysis

10.3.1. South Africa Ammonia Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value & Volume

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Manufacturing Process

10.3.1.2.2. By Application

Page 11: Ammonia Market Size, Share & Forecast 2025

11

Table of Contents

S. No. Contents Page No.

10.3.2. Saudi Arabia Ammonia Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value & Volume

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Manufacturing Process

10.3.2.2.2. By Application

10.3.3. UAE Ammonia Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value & Volume

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Manufacturing Process

10.3.3.2.2. By Application

10.3.3. Iran Ammonia Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value & Volume

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Manufacturing Process

10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends and Developments

Page 12: Ammonia Market Size, Share & Forecast 2025

12

Table of Contents

S. No. Contents Page No.

13. Competitive Landscape

13.1. Competition Benchmarking

13.2. Players Profiled (Leading Companies)

14. Strategic Recommendations

15. About Us and Disclaimer

Page 13: Ammonia Market Size, Share & Forecast 2025

RESEARCH METHODOLOGY

Page 14: Ammonia Market Size, Share & Forecast 2025

14

Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in the global ammonia

market, overall market size and segmental market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about the global ammonia market.

Data

Collection

Data Filter

& AnalysisResearch &

Intelligence

Actionable

InsightsBusiness

Solution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

Page 15: Ammonia Market Size, Share & Forecast 2025

15

Research Methodology

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the global ammonia market. The team has analyzed the outlook

of various segments of this market, while considering the major influencing factors such as spurring demand from multiple downstream industries such

as agriculture, consumer goods, pharmaceuticals, etc. The study includes market forecasting, which would enable our clients to take better decisions

while planning their strategy to achieve sustainability in the global ammonia market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive

secondary research and primary surveys, with various key opinion leaders/stakeholders, such as ammonia companies, channel partners, market

influencers & end users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 ammonia companies, 100 – 120 end users, and 15 – 20 industry experts and other value chain stakeholders

in the global ammonia market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard

deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019.

Page 16: Ammonia Market Size, Share & Forecast 2025

16

Research Methodology

• Respondents were asked about the current and future market growth rates, market shares by manufacturing process, by application, by each region,

and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across

various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further

triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

Market shares by manufacturing process, by application, by region, and by company were calculated based on the responses received through primary

surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of ammonia

markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the

outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global ammonia

market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

Page 17: Ammonia Market Size, Share & Forecast 2025

17

Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used

the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that

the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD),

with the market size indicated in USD million.

Partial List of Companies Interviewed Key Secondary Sources

▪ BASF SE

▪ PotashCorp

▪ Yara International

▪ CF Industries Holdings, Inc.

▪ Group DF

▪ Togliattiazot

▪ OCI Nitrogen BV

▪ Agrium, Inc.

▪ Koch Fertilizer, LLC'

▪ Gujarat State Fertilizers & Chemicals Ltd.

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

Page 18: Ammonia Market Size, Share & Forecast 2025

18

Industry Report

According to TechSci Research report, “Global Ammonia Market By Grade, By Application, By Manufacturing Process, By Region,

Competition, Forecast & Opportunities, 2025”, the global ammonia market is forecast to reach $ 68 billion by 2025 owing to

increasing demand from chemicals, fertilizers and pharmaceutical industries. Growing global fertilizer industry is expected to continue

augmenting demand for ammonia over the next five years. However, global lockdown due to onset of COVID-19 has resulted in

disruptions in the entire supply chain and decline in demand across major end use applications, globally, which is expected to

negatively affect ammonia consumption in 2020.

The global ammonia market is segmented based on grade, application, manufacturing process, and region. Based on grade, the

global ammonia market is bifurcated into Anhydrous and Aqueous segments, of which Anhydrous holds the majority share due to its

high demand in fertilizer market on account of its ease of availability and lower cost. Based on Application, the market can be

fragmented into Fertilizers, Chemicals, pharmaceuticals, Electronics, Refrigeration, Household, Food, and Others. Fertilizers

segment is expected to continue its dominance during the forecast period since nitrogen based products are abundantly used in

agriculture sector, globally. Region wise, APAC is likely to dominate the global ammonia market over the next five years, majorly due

to high consumption in China and India.

COVID-19 pandemic is having a significant impact on the global demand scenario for ammonia, at least in the near term. Lockdown

measures across the globe are negatively affecting the global fertilizer industry, which is resulting in declining demand for ammonia.

This is expected to translate into negative growth of the global ammonia market in 2020. Nevertheless, with rising inclination towards

opening up economies, demand for ammonia is forecast to witness revival and grow over the next five years.

Major players operating in the global ammonia market include CF Industries Holdings, Yara International, Nutrien Fertilizer, OCI NV,

Ostchem Holdings, Ma’aden Phosphate, Mosaic Crop Nutrition, Eurochem Group AG, among others. “Global ammonia market is

witnessing steady growth and is expected to continue rising in the coming years. Market growth is anticipated on account of growing

agriculture sector, majorly in Asia-Pacific, which will result in higher consumption of fertilizers, and consequently ammonia in the

foreseeable future. Moreover, growing chemicals and pharmaceuticals sectors are also expected to positively influence the global

ammonia market in the medium to long term.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based

global management consulting firm.

Page 19: Ammonia Market Size, Share & Forecast 2025

19

Sample Data - Snapshot

5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00

10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00

2015 2019 2020E 2025F

By Value (USD Million)

By Volume (Thousand Tons)

CAGR By Value & Volume

XX%CAGR By Value & Volume

YY%

Global Ammonia Market Size, By Value (USD Million), By Volume (Thousand Tons), 2015–2025F

North America Ammonia Market Share, By Manufacturing Process, By Value, 2015–2025F

20%20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

20%20%

20%

20%

20%

20%

20%

20%

20%

20%

20%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Steam Reforming Partial Oxidation Cryogenic Separation Coal Gasification Others

United States Ammonia Market Share, By Application, By Value, 2015–2025F

30%30%30%30%30%30%30%30%30%30%30%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

10%10%10%10%10%10%10%10%10%10%10%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Fertilizers Chemicals Pharmaceuticals Electronics Refrigerants Household Food Others

Page 20: Ammonia Market Size, Share & Forecast 2025

20

Report Ordering

Report Name: GLOBAL AMMONIA MARKET

FORECAST & OPPORTUNITIES

2015 – 2025

To View Sample OR Purchase Report

License Type Price

Single User License $4450

Multi-User License $5450

Custom Research License $9450

Page 21: Ammonia Market Size, Share & Forecast 2025

About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas

to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting

models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and

global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the

market.

Related Reports

• United States Agricultural Surfactants Market By Type (Anionic, Cationic, Non-anionic & Amphoteric), By Substrate Type (Synthetic & Bio-based), By

Crop Type (Cereals & Grains and Fruits & Vegetables), By Crop Application (Crop-based & Non-crop based), By Application (Insecticide, Herbicide,

Fungicide & Others), Competition, Forecast & Opportunities, 2024

• Global Bio-fungicides Market By Source (Microbial, Biochemical & Plant Incorporated Protectants), By Formulation (Dry & Liquid), By Application

(Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Turf & Ornamental & Others), By Region, Competition, Forecast & Opportunities, 2024

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or

complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand.

However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results

obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together

with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal

consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – North America708 Third Avenue, Manhattan,

New York, United States

Tel: +1- 646- 360- 1656

Email: [email protected]

www.techsciresearch.com

Disclaimer

TechSci Research – Europe54, Old brook, Bretton,

Peterborough,

United Kingdom

Email: [email protected]

www.techsciresearch.com

TechSci Research – Asia-PacificB – 44, Sector – 57, Noida, National Capital

Region, U.P. - India

Tel: +91-120-4523900

Email: [email protected]

www.techsciresearch.com