Middle East & Africa Ammonia Market Size & Outlook
Related Markets
MEA ammonia market highlights
- The MEA ammonia market generated a revenue of USD 11,901.3 million in 2024.
- The market is expected to grow at a CAGR of 4.3% 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 11,901.3 million |
| Market revenue in 2030 | USD 15,161.3 million |
| Growth rate | 4.3% (CAGR from 2025 to 2030) |
| Largest segment | Anhydrous |
| Fastest growing segment | Liquid (Aqueous) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, MEA region accounted for 5.3% of the global ammonia market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 178,516.6 million by 2030.
Key Regions: U.S. , UK , Saudi Arabia , Canada , Mexico
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Middle East & Africa 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 59.87% in 2024. Horizon Databook has segmented the Middle East & Africa ammonia market based on liquid (aqueous), anhydrous covering the revenue growth of each sub-segment from 2018 to 2030.
The regional market growth can be attributed to the substantial investments made by governments in the region to enhance their military equipment.
For instance, in November 2022, the U.S. approved the sale of anti-drone systems worth USD 1 billion to Qatar for defense purposes. The joint combat operations between Western countries and MEA countries are expected to increase the demand for anti-drone systems in the region.
Reasons to subscribe to Middle East & Africa ammonia market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa ammonia market databook
-
Our clientele includes a mix of ammonia market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ammonia market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA ammonia market size, by country, 2018-2030 (US$M)
Middle East & Africa Ammonia Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
