Global Ammonia Market Size & Outlook, 2022-2030
Global ammonia market, 2018-2030 (US$M)
Related Markets
Global ammonia market highlights
- The global ammonia market generated a revenue of USD 205,337.4 million in 2022 and is expected to reach USD 313,212.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.4% by 2030.
- In terms of segment, anhydrous accounted for a revenue of USD 123,409.7 million in 2022.
- Liquid (Aqueous) is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 205,337.4 million |
| Market revenue in 2030 | USD 313,212.1 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Anhydrous |
| Fastest growing segment | Liquid (Aqueous) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid (Aqueous), Anhydrous |
Other key industry trends
- In terms of revenue, the North America accounted for 10.9% of the global ammonia market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 2,150.3 million by 2030.
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 |
|---|
Global 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 60.1% in 2022. Horizon Databook has segmented the Global ammonia market based on liquid (aqueous), anhydrous covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Ammonia Product Outlook (Revenue, USD Million, 2018-2030)
- Liquid (Aqueous)
- Anhydrous
- Global Ammonia Application Outlook (Revenue, USD Million, 2018-2030)
- Fertilizers
- Refrigerants
- Pharmaceuticals
- Textile
- Others
Reasons to subscribe to Global 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 Global 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 global-level data and insights on the Global ammonia market , including forecasts for subscribers. This global databook contains high-level insights into Global ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global ammonia market size, by regions, 2018-2030 (US$M)
Top 10 countries: Ammonia market size, 2022 (US$M)
Global ammonia market share, by product, 2022 & 2030 (%, US$M)
Ammonia market: Opportunity assessment by country
Global ammonia market, by region, 2022 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 8,675.3 | 10,379.7 | 6,848.9 | 12,782.8 | 22,411.1 | 23,236.9 | 24,210.3 | 25,273.8 | 26,486.3 | 27,843.2 | 29,335.3 | 30,965.3 | 32,814.7 | 4.9% |
| Europe | 13,539.2 | 13,190.9 | 11,257.2 | 20,634.0 | 52,978.0 | 55,164.4 | 57,720.2 | 60,512.7 | 63,686.2 | 67,234.5 | 71,139.8 | 75,412.8 | 80,257.7 | 5.3% |
| Asia Pacific | 38,613.6 | 32,513.7 | 30,400.3 | 58,110.8 | 114,127.7 | 119,314.0 | 125,342.4 | 131,932.9 | 139,408.5 | 147,765.6 | 156,975.0 | 167,070.7 | 178,516.6 | 5.8% |
| Latin America | 1,329.8 | 921.0 | 829.5 | 1,757.9 | 4,611.7 | 4,755.4 | 4,927.4 | 5,115.6 | 5,331.6 | 5,574.0 | 5,840.5 | 6,131.2 | 6,461.8 | 4.3% |
| MEA | 4,689.9 | 3,651.4 | 3,257.0 | 8,373.8 | 11,209.0 | 11,524.2 | 11,901.3 | 12,309.9 | 12,776.5 | 13,296.2 | 13,862.0 | 14,472.1 | 15,161.3 | 3.9% |
| Overall | 66,847.9 | 60,656.7 | 52,593.0 | 101,659.3 | 205,337.4 | 213,994.9 | 224,101.6 | 235,144.8 | 247,689.1 | 261,713.5 | 277,152.6 | 294,052.1 | 313,212.1 | 5.4% |
Related regional 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
