Asia Pacific Ammonia Market Size & Outlook, 2022-2030
Asia Pacific ammonia market, 2018-2030 (US$M)
Related Markets
Asia Pacific ammonia market highlights
- The Asia Pacific ammonia market generated a revenue of USD 114,127.7 million in 2022.
- The market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, anhydrous was the largest revenue generating product in 2022.
- Liquid (Aqueous) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 114,127.7 million |
| Market revenue in 2030 | USD 178,516.6 million |
| Growth rate | 5.8% (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 |
| 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, Asia Pacific region accounted for 55.6% of the global ammonia market in 2022.
- 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.
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Ammonia Market Scope
Ammonia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 59.66% in 2022. Horizon Databook has segmented the Asia Pacific 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 technologically advanced countries across the region, such as China, bolstering their defense with anti-drone systems.
Additionally, the region has witnessed an increasing application of anti-drone systems in the commercial sector following the rising presence of various industries and manufacturing plants in developing countries.
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Target buyers of Asia Pacific 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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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 Asia Pacific ammonia market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific ammonia market size, by country, 2018-2030 (US$M)
Asia Pacific Ammonia Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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