UK Ammonia Market Size & Outlook, 2022-2030
UK ammonia market, 2018-2030 (US$M)
Related Markets
UK ammonia market highlights
- The UK ammonia market generated a revenue of USD 3,626.5 million in 2022 and is expected to reach USD 5,384.6 million by 2030.
- The UK market is expected to grow at a CAGR of 5.1% 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.
Ammonia market data book summary
| Market revenue in 2022 | USD 3,626.5 million |
| Market revenue in 2030 | USD 5,384.6 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Anhydrous |
| Fastest growing segment | Liquid (Aqueous) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, UK accounted for 1.8% of the global ammonia market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia ammonia market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 6,796.4 million by 2030.
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Ammonia Market Scope
Ammonia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 62.87% in 2022. Horizon Databook has segmented the UK ammonia market based on liquid (aqueous), anhydrous covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth in the country can be attributed to the government’s plan to deploy anti-drone systems in sensitive areas such as nuclear plants, oil rigs, and events such as coronations and public gatherings to reduce the possibility of aerial terror attacks.
Furthermore, the growing trend of using short-range anti-drone systems (less than 5km) for defense and surveillance purposes is expected to drive the U.K. market growth.
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Target buyers of UK 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 country-level data and insights on the UK ammonia market , including forecasts for subscribers. This country databook contains high-level insights into UK ammonia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK ammonia market size, by product, 2018-2030 (US$M)
UK Ammonia Market Outlook Share, 2022 & 2030 (US$M)
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