Latin America Ammonia Market Size & Outlook, 2022-2030

The ammonia market in Latin America is expected to reach a projected revenue of US$ 6,461.8 million by 2030. A compound annual growth rate of 4.3% is expected of Latin America ammonia market from 2023 to 2030.
Revenue, 2022 (US$M)
$4,611.7
Forecast, 2030 (US$M)
$6,461.8
CAGR, 2023 - 2030
4.3%
Report Coverage
Latin America

Latin America ammonia market highlights

  • The Latin America ammonia market generated a revenue of USD 4,611.7 million in 2022.
  • The market is expected to grow at a CAGR of 4.3% 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.


Latin America data book summary

Market revenue in 2022USD 4,611.7 million
Market revenue in 2030USD 6,461.8 million
Growth rate4.3% (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
Key market players worldwideKoch 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, Latin America region accounted for 2.2% 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.

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 Companies

Name Profile # Employees HQ Website

Latin America 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 63.77% in 2022. Horizon Databook has segmented the Latin America 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 growing commercial use of anti-drones. For instance, commercial entities are using handheld anti-drone systems to deal with ongoing threats from rogue societal elements. 

The growing use of drone detection to help identify rogue operators is expected to drive the growth of the anti-drone market in Latin America.

Reasons to subscribe to Latin America 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 Latin America 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 Latin America ammonia market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Latin America Ammonia Market Outlook Share, 2022 & 2030 (US$M)

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.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more