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The Ammonia Market size was USD 79.1 billion in 2023 and is expected to reach USD 121.5 billion by 2032 and grow at a CAGR of 4.9% over the forecast period of 2024-2032.
Ammonia is gaining attention as a potential fuel in the energy transition due to its ability to store and transport hydrogen, which is increasingly viewed as a clean energy source. Ammonia is much easier to liquefy, store, and transport than hydrogen, and is a practical choice for bulk hydrogen transport between areas with little or no hydrogen infrastructure. It can be used as a cleaner direct fossil fuel alternative in thermal power plants, shipping, and even for industrial processes. Ammonia can also serve as a combustion fuel for power generation or be converted to hydrogen for fuel cells, facilitating the emerging hydrogen economy. The increasing demand for ammonia as a zero-emission fuel and renewable energy carrier coincides with the international movement to cut carbon emissions and develop the use and production of renewable energy, at the same time providing for the decarbonization of the energy systems of the world, making ammonia a functional component of it all.
In 2021, South Korea's Green New Deal policy highlighted ammonia as a key component for achieving its carbon neutrality goal by 2050. The government has earmarked investments for ammonia production using renewable energy and is collaborating with global partners to establish ammonia-fueled power plants and ships.
The economic growth in the ammonia market plays a significant role as the rising agricultural demand is a major factor for its growth due to the application of fertilizers to increase crop yield, for which ammonia is a major reactant in its preparation. As the world population continues to rise, we must boost food output. Molise agricultural systems will need to grow more food in very few hectares due to an estimated world population of almost 10 billion by the year 2050 as per the United Nations. Urea, ammonium nitrate, and ammonium sulfate are key ammonia-based fertilizers that build up crop nutrition. This creates high demand in regions such as Asia- Pacific where agriculture is a major economic drive.
The governments in these areas are concentrating even more on fertilizer application to reach the targets of food security, increasing the demand for ammonia production. The surge in ammonia demand will also be driven by the improvement of agricultural techniques and the trend toward precision agriculture, which depends on the proper application of fertilizer. Increasing agricultural demand along with government initiatives to increase fertilizer utilization in the agricultural sector is driving the ammonia market.
Drivers
Rising consumption of ammonia in refrigerants drives the Ammonia market growth.
The rising consumption of ammonia in refrigerants is a significant driver of the ammonia market's growth, particularly in industrial refrigeration systems. Ammonia is considered a highly efficient refrigerant and has a much lower environmental impact than synthetic refrigerants, such as hydrofluorocarbons (HFCs), which are facing a global phase-out process because of their high global warming potential. Ammonia is gaining more prominence, in line with the push for natural refrigerants given tighter regulations against harmful refrigerants due to the likes of the Kigali Amendment to the Montreal Protocol. Ammonia refrigeration systems are most frequently used in sectors such as food processing, cold storage, and industrial cooling due to the excellent thermodynamic properties of ammonia, which are also low in cost. As an example, the European Union F-Gas Regulation targets the reduction of greenhouse gases which abled movement to natural refrigerants ammonia, thus increasing the demand for ammonia-based systems. Moreover, the industry is also undertaking global sustainability and reduced carbon emissions efforts; therefore, causing the industries to adopt environmentally friendly refrigerants which eventually drive the ammonia market. As one of the leading players in green refrigeration technologies, ammonia is expected to gain further demand from this market segment further driving the overall growth of the ammonia market.
The EU's F-Gas Regulation (EU No 517/2014), which aims to reduce the use of fluorinated greenhouse gases (F-gases), has accelerated the shift towards natural refrigerants like ammonia.
Restraint
Exposure to a concentrated amount of NH3 impacts humans and hinders market growth.
The potential health and safety hazards from exposure to higher concentrations of ammonia (NH3) can pose challenges to the growth of the ammonia market. Ammonia is a poisonous gas that can produce serious respiratory issues, eye and throat irritation, and, in high concentrations, permanent damage to the lungs or death. This makes it a very dangerous material to work with and move, causing the need for very strict safety procedures and regulations. Production, storage, or transportation leakages or spills can also be hazardous and harm human lives and the environment. This potential for perilous events gives rise to public anxiety and regulatory obstacles, and governments are responding by enforcing rigid safety norms, resulting in higher operating costs for ammonia producers and users. Moreover, sectors such as agriculture and refrigeration that depend substantially on ammonia will need tailored devices together with comprehensive safety-based systems to lessen these risks, thus potentially increasing the cost of ammonia-derived solutions. This is a huge restraint on the ammonia market as the entire value chain infrastructure needs to comply with this regulation and safety aspect before ammonia can be commonly used in the market.
Opportunity
Population rise, increasing need for food, and shrinking arable land are drivers of the demand for NH3.
Rising fertilizer use and increased agricultural output drive market expansion
Market segmentation
By Product
Anhydrous held the largest market share around 61% in 2023. This is because it is extremely effective in some key applications (especially in fertilizers), anhydrous ammonia was the most widely-used ammonia form. And due to it being ammonia in, a concentrated form, anhydrous ammonia has a relatively high nitrogen content compared to most aqueous solutions making it an effective fertilizer. With that, it is injected directly into the soil, providing the nutrients that crops need, and ensuring high agricultural productivity. Anhydrous ammonia is predominantly used in the agriculture sector with remarkable demand and is thus positioned at the weekday end of the market. Also, anhydrous ammonia is cheaper compared to other forms for large agricultural use because of its higher concentration, hence lowering the cost of transporting the fertilizer and using on-site storage
By Application
The fertilizer segment held the largest market share around 48% in 2023. Ammonia is an important raw material for nitrogen fertilizer manufacturing, which is a vital element to improve crop production and food supply safety. In a world whose population is on the rise, there is no better place for food, therefore fertilizers that increase agricultural productivity are needed. Fertilizers that contain ammonia including ammonium nitrate, ammonium sulfate, and urea are effective sources of nitrogen that are important for growing plants. Because of their high efficacy and efficiency in increasing the productivity of crops, ammonia-based fertilizers are the most utilized in agriculture. Ammonia has a vital role to play in supporting food production requirements, and the growing adoption of modern farming practices dependent on fertilizer application makes ammonia indispensable in the fertilizer market, which underpins the dominance of ammonia in the ammonia industry.
Regional Analysis
Asia Pacific held the largest market share around 48% in 2023. Due to the high agricultural activity and the region accounting for the over one-third of the global fertilizer consumption, Asia-Pacific remains the leading market for ammonia, which is used in fertilizers. Ammonia is also produced and consumed in large volumes in China, India, and Japan to support the enormous agricultural industries there as feeds to nitrogen-based fertilizers. With more than 60% of the population globally living in the Asia-Pacific region, the high demand for food has led to the widespread utilization of ammonia in fertilizers to ensure food security and increase agricultural production. It also has extensive industrial capacity that utilizes ammonia for refrigeration, chemicals, and textiles. China, being a major contributor to the volume fraction of the ammonia production and consumption market, contributes greatly to the regional market characteristic. Moreover, the increasing industrialization coupled with the urbanization of developing nations like India and countries in Southeast Asia is also boosting the demand for ammonia specifically from the agricultural and industrial perspective. Asia-Pacific is likely to retain the largest share in the ammonia market driven by government policies favoring growth in agriculture, food security, and industrial activities.
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Key Players
Koch Fertilizer LLC
Qatar Fertilizer Company
Togliattiazot
Acron
CF Industries Holdings Inc.
Nutrien Ltd
Sumitomo Chemical Co Ltd
Yara
BASF SE
Agrium Inc.
OCI Nitrogen
Group DF
ICL Group
Reliance Industries Limited
PotashCorp
Mitsubishi Corporation RtM Japan Ltd
Hanwa Co., Ltd.
Recent Development:
In 2023 CF Industries has agreed to acquire Incitec Pivot Ltd Waggaman ammonia manufacturing plant from them. they mentioned it has signed a formal acquisition agreement for IPL's ammonia manufacturing complex in Waggaman, Louisiana with Incitec Pivot Ltd. The facility has a nameplate capacity of 880,000 tons of ammonia annually.
In 2023 CF Industries and LOTTE CHEMICAL Corporation to Explore Joint U.S.-Based Clean Ammonia Project and Long-Term Clean Ammonia Offtake Agreement in South Korea.
In 2022 Nutrien revealed that its Nitrogen factory in Geismar, Louisiana, is being considered as the location for the world's largest clean ammonia facility. We are pleased to announce that ThyssenKrupp Uhde has been chosen as a technology provider and partner for the upcoming new clean ammonia factory.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 79.1 Billion |
Market Size by 2032 | US$ 121.5 Billion |
CAGR | CAGR of 4.9% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (Aqueous, Anhydrous) • By Application (Refrigerants, Fertilizers, Textile, Pharmaceuticals, Household and industrial cleaning, Mining, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Koch Fertilizer LLC, Qatar Fertilizer Company, Togliattiazot, SABIC, Acron, CF Industries Holdings Inc., Nutrien Ltd, Sumitomo Chemical Co Ltd, Yara, BASF SE, Agrium Inc., OCI Nitrogen, EuroChem Group, Group DF, ICL Group, Reliance Industries Limited, PotashCorp, Bunge Limited, Mitsubishi Corporation RtM Japan Ltd, Hanwa Co., Ltd., and Others |
Key Drivers | • Rising consumption of ammonia in refrigerants drives the Ammonia market growth. |
Restraints | • Exposure to a concentrated amount of NH3 impacts humans and hinders market growth. |
Ans. USD 121.5 Billion is the projected Ammonia Market size of the market by 2032.
Ans. The CAGR Growth rate of the Ammonia Market over the forecast period is 4.9%.
Ans. Asia Pacific is the fastest-growing region of the Ammonia Market.
Ans. Opportunities are
Ans. USD 79.1 billion is the market size in 2023 for Ammonia Market.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
3.1 Market Driving Factors Analysis
3.1.2 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 PESTLE Analysis
3.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 By Production Capacity and Utilization, by Country, By Type, 2023
5.2 Feedstock Prices, by Country, By Type, 2023
5.3 Regulatory Impact, by l Country, By Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, Product, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 By Product Benchmarking
6.3.1 By Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion Plans and new By Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Ammonia Market Segmentation, By Product
7.1 Chapter Overview
7.2 Aqueous
7.2.1 Aqueous Trends Analysis (2020-2032)
7.2.2 Aqueous Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Anhydrous
7.3.1 Anhydrous Market Trends Analysis (2020-2032)
7.3.2 Anhydrous Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Ammonia Market Segmentation, by Application
8.1 Chapter Overview
8.2 Refrigerants
8.2.1 Refrigerants Market Trends Analysis (2020-2032)
8.2.2 Refrigerants Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Fertilizers
8.3.1 Fertilizers Market Trends Analysis (2020-2032)
8.3.2 Fertilizers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Textile
8.4.1 Textile Market Trends Analysis (2020-2032)
8.4.2 Textile Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Pharmaceuticals
8.5.1 Pharmaceuticals Market Trends Analysis (2020-2032)
8.5.2 Pharmaceuticals Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Household and industrial cleaning
8.6.1 Household and Industrial Cleaning Market Trends Analysis (2020-2032)
8.6.2 Household and Industrial cleaning Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Mining
8.7.1 Mining Market Trends Analysis (2020-2032)
8.7.2 Mining Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Others
8.8.1 Others Market Trends Analysis (2020-2032)
8.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Ammonia Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.4 North America Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.5.2 USA Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.6.2 Canada Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.7.2 Mexico Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Ammonia Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.5.2 Poland Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.6.2 Romania Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Ammonia Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.4 Western Europe Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.5.2 Germany Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.6.2 France Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.7.2 UK Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.8.2 Italy Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.9.2 Spain Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.12.2 Austria Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Ammonia Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.4 Asia Pacific Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 China Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 India Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 Japan Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.6.2 South Korea Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.7.2 Vietnam Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.8.2 Singapore Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.9.2 Australia Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Ammonia Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.4 Middle East Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.5.2 UAE Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Ammonia Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.4 Africa Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Ammonia Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.4 Latin America Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.5.2 Brazil Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.6.2 Argentina Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.7.2 Colombia Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Ammonia Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Ammonia Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10. Company Profiles
10.1 Koch Fertilizer LLC
10.1.1 Company Overview
10.1.2 Financial
10.1.3 By Product / Services Offered
10.1.4 SWOT Analysis
10.2 Qatar Fertiliser Company
10.2.1 Company Overview
10.2.2 Financial
10.2.3 By Product / Services Offered
10.2.4 SWOT Analysis
10.3 Togliattiazot
10.3.1 Company Overview
10.3.2 Financial
10.3.3 By Product / Services Offered
10.3.4 SWOT Analysis
10.4 SABIC
10.4.1 Company Overview
10.4.2 Financial
10.4.3 By Product / Services Offered
10.4.4 SWOT Analysis
10.5 Acron
10.5.1 Company Overview
10.5.2 Financial
10.5.3 By Product / Services Offered
10.5.4 SWOT Analysis
10.6 CF Industries Holdings Inc.
10.6.1 Company Overview
10.6.2 Financial
10.6.3 By Product / Services Offered
10.6.4 SWOT Analysis
10.7 Nutrien Ltd
10.7.1 Company Overview
10.7.2 Financial
10.7.3 By Product / Services Offered
10.7.4 SWOT Analysis
10.8 Sumitomo Chemical Co Ltd
10.8.1 Company Overview
10.8.2 Financial
10.8.3 By Product / Services Offered
10.8.4 SWOT Analysis
10.9 Yara
10.9.1 Company Overview
10.9.2 Financial
10.9.3 By Product / Services Offered
10.9.4 SWOT Analysis
10.10 BASF SE
10.10.1 Company Overview
10.10.2 Financial
10.10.3 By Product / Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
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Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Product
Aqueous
Anhydrous
By Application
Refrigerants
Fertilizers
Textile
Pharmaceuticals
Household and industrial cleaning
Mining
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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