Ammonia Market Size, Share, and Trends 2024 to 2034

The global ammonia market size is calculated at USD 93.79 billion in 2024, grew to USD 99.70 billion in 2025, and is predicted to hit around USD 172.77 billion by 2034, expanding at a CAGR of 6.3% between 2024 and 2034. The Asia Pacific ammonia market size accounted for USD 45.96 billion in 2024 and is anticipated to grow at the fastest CAGR of 6.41% during the forecast year.

  • Last Updated : October 2024
  • Report Code : 2420
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Ammonia Market 

5.1. COVID-19 Landscape: Ammonia Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Ammonia Market, By Product Form

8.1. Ammonia Market, by Product Form, 2024-2034

8.1.1. Liquid

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Gas

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Powder

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Ammonia Market, By Application

9.1. Ammonia Market, by Application, 2024-2034

9.1.1. Fertilizers

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Refrigerants

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Pharmaceuticals

9.1.3.1. Market Revenue and Forecast (2021-2034)

9.1.4. Textile

9.1.4.1. Market Revenue and Forecast (2021-2034)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Ammonia Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.1.2. Market Revenue and Forecast, by Application (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.1.3.2. Market Revenue and Forecast, by Application (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.1.4.2. Market Revenue and Forecast, by Application (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.2.2. Market Revenue and Forecast, by Application (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.2.3.2. Market Revenue and Forecast, by Application (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.2.4.2. Market Revenue and Forecast, by Application (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.2.5.2. Market Revenue and Forecast, by Application (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.2.6.2. Market Revenue and Forecast, by Application (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.3.2. Market Revenue and Forecast, by Application (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.3.3.2. Market Revenue and Forecast, by Application (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.3.4.2. Market Revenue and Forecast, by Application (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.3.5.2. Market Revenue and Forecast, by Application (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.3.6.2. Market Revenue and Forecast, by Application (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.4.2. Market Revenue and Forecast, by Application (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.4.3.2. Market Revenue and Forecast, by Application (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.4.4.2. Market Revenue and Forecast, by Application (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.4.5.2. Market Revenue and Forecast, by Application (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.4.6.2. Market Revenue and Forecast, by Application (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.5.2. Market Revenue and Forecast, by Application (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.5.3.2. Market Revenue and Forecast, by Application (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Product Form (2021-2034)

10.5.4.2. Market Revenue and Forecast, by Application (2021-2034)

Chapter 11. Company Profiles

11.1. Abbott

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Abbott

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Abbott

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Abbott

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Abbott

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Abbott

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Abbott

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Abbott

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Abbott

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Abbott

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global Ammonia market size was accounted at USD 93.79 billion in 2024 and it is expected to reach around USD 172.77 billion by 2034.

The global Ammonia market is poised to grow at a CAGR of 6.3% from 2024 to 2034.

The major players operating in the Ammonia market are Achema AB, ACME Group, ACRON, Acron, AquaHydrex, BASF SE, CF Industries Holdings Inc., China Petroleum & Chemical Corporation, Electrochaea, Enter, ENGIE, EuroChem Group AG, EXTRON, Fertiglobe plc, Green Hydrogen Systems, Greenfield Nitrogen LLC, Group DF, Haifa Chemicals Ltd., Haldor Topsoe, Helm AG, Hiringa Energy, Honeywell International, Hydrogenics, Incitec Pivot Ltd, Indian Farmers Fertiliser Cooperative Limited, and Other.

The driving factors of the ammonia market are the fast growth and modernization of the worldwide agriculture sector have been the main drivers of this industry growth and growing agriculture increases the demand for various agrochemicals like fertilizer, which in turn indirectly increases the demand for ammonia.

Asia-Pacific region will lead the global Ammonia market during the forecast period 2024 to 2034.

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