Global Ammonia Market Size & Outlook, 2022-2030

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 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 2022USD 205,337.4 million
Market revenue in 2030USD 313,212.1 million
Growth rate5.4% (CAGR from 2022 to 2030)
Largest segmentAnhydrous
Fastest growing segmentLiquid (Aqueous)
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLiquid (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 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

  • 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.).
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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.

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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)

Global ammonia market size, by regions, 2018-2030 (US$M)

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