India Ammonia Market Size & Outlook, 2025-2030
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India ammonia market highlights
- The India ammonia market generated a revenue of USD 38,022.6 million in 2024 and is expected to reach USD 54,321.1 million by 2030.
- The India market is expected to grow at a CAGR of 6.3% from 2025 to 2030.
- In terms of segment, anhydrous was the largest revenue generating product in 2024.
- Liquid (Aqueous) is the most lucrative product segment registering the fastest growth during the forecast period.
Ammonia market data book summary
| Market revenue in 2024 | USD 38,022.6 million |
| Market revenue in 2030 | USD 54,321.1 million |
| Growth rate | 6.3% (CAGR from 2025 to 2030) |
| Largest segment | Anhydrous |
| Fastest growing segment | Liquid (Aqueous) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid (Aqueous), Anhydrous |
| Key market players worldwide | Koch Industries, Yara International ASA, CF Industries Holdings Inc, Nutrien Ltd, SABIC, Sumitomo Chemical Co Ltd, Acron, Qafco, TogliattiAzot |
Other key industry trends
- In terms of revenue, India accounted for 17.0% of the global ammonia market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ammonia market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 75,846.9 million by 2030.
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Ammonia Market Scope
Ammonia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TogliattiAzot | View profile | 5001-10000 | Togliatti, Sakha, Russian Federation, Europe | http://www.toaz.ru/eng/ |
| Qafco | View profile | 1001-5000 | Qatar, Al Aqabah, Jordan, Asia | https://www.qafco.qa/ |
| Acron | View profile | 5001-10000 | Moscow, Moscow City, Russian Federation, Europe | http://www.acron.ru |
| CF Industries Holdings Inc | View profile | 2700 | 2375 Waterview Drive, Northbrook, IL, United States, 60062 | https://www.cfindustries.com |
| Koch Industries | View profile | 10001+ | Wichita, Kansas, United States, North America | https://www.kochind.com |
| Yara International ASA | View profile | 18000 | Drammensveien 131, Oslo, Norway, 0277 | https://www.yara.com |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Nutrien Ltd | View profile | 25900 | 211 19th Street East, Suite 1700, Saskatoon, SK, Canada, S7K 5R6 | https://www.nutrien.com |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
India ammonia market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ammonia market will help companies and investors design strategic landscapes.
Anhydrous was the largest segment with a revenue share of 61.32% in 2024. Horizon Databook has segmented the India ammonia market based on liquid (aqueous), anhydrous covering the revenue growth of each sub-segment from 2018 to 2030.
The anti-drone market in India is expected to witness growth due to geopolitical tensions with some of its neighboring countries, which has resulted in the country investing heavily in ground-based anti-drone systems.
The market growth in the country can also be attributed to the use of detection-based antidrone systems used for surveillance and border patrol by Indian military and special forces to secure the national borders.
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Our clientele includes a mix of ammonia market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India ammonia market , including forecasts for subscribers. This country databook contains high-level insights into India ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India ammonia market size, by product, 2018-2030 (US$M)
India Ammonia Market Outlook Share, 2024 & 2030 (US$M)
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