Global Ammonia Market Size & Outlook
The ammonia industry worldwide is expected to reach a projected revenue of US$ 313,212.1 million by 2030. A compound annual growth rate of 5.4% is expected of the worldwide ammonia industry from 2023 to 2030.
Revenue, 2022 (US$M)
$205,337.4
Forecast, 2030 (US$M)
$313,212.1
CAGR, 2023 - 2030
5.4%
Report Coverage
Worldwide
Global ammonia market, 2018-2030 (US$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.
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Ammonia Market Scope
Ammonia market segmentation & 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
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Target buyers of Global ammonia market databook
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Our clientele includes a mix of ammonia market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 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 statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Ammonia market size, 2022 (USD Million)
Top 10 countries: Ammonia market size, 2022 (USD Million)
Global ammonia market, by region, 2022 (US$M)
Related regional statistics
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