Ammonia Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026

The Global Ammonia Market Report by TBRC covers the ammonia market drivers and restraints, market size, major players, and the impact of COVID-19 on the market.

LONDON, GREATER LONDON, UK, September 28, 2022 /EINPresswire.com/ -- According to ‘Ammonia Global Market Report 2022’ published by The Business Research Company, the ammonia market size is expected to grow from $62.34 billion in 2021 to $66.37 billion in 2022 at a compound annual growth rate (CAGR) of 6.47%. The ammonia global market size is expected to reach $82.40 billion in 2026 at a CAGR of 5.56%. The growth of the fertilizer industry is contributing to the growth of the ammonia global market.

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The ammonia market consists of sales of ammonia products by entities (organizations, sole traders, and distributors) that is used as a fertilizer in the agricultural industry. It generally refers to a colorless gas composed of hydrogen and nitrogen. It is the simplest stable compound of these elements and is used to make a variety of commercially relevant nitrogen compounds. Ammonia is also used as a refrigerant gas, for the purification of water supplies, and in the manufacture of plastics, explosives, textiles, pesticides, dyes, and other chemicals.

Global Ammonia Market Trends
Technological advancement is a key trend gaining popularity in the ammonia global market. Companies are investing in new technologies in order to improve energy efficiency and have the lowest CO2 emissions.

Global Ammonia Market Segments
The global ammonia market is segmented:
By Product Type: Anhydrous Ammonia, Aqueous Ammonia
By Form Type: Liquid, Powder
By Application Type: Fertilizers, Chemicals, Refrigeration, Pharmaceutical, Fibers and Plastics, Pulp and Papers, Others
By Geography: The ammonia global market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.

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Ammonia Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides ammonia market outlook, analyzes and ammonia market forecast market size and growth, ammonia market share, ammonia market segments and geographies, ammonia global market trends, ammonia global market players, ammonia global market leading competitor revenues, profiles and market shares. The ammonia global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.

TBRC’s Ammonia Global Market Report 2022 includes information on the following:

Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies

Key Market Players: Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., SABIC, Eurochem Group, Koch Fertilizer, LLC, China National Petroleum Corporation, Rashtriya Chemicals and Fertilizers Ltd., OCI Nitrogen, Uralchem JSC, Evonik Industries AG, Qatar Fertiliser Company, and Mitsubishi Gas Chemical Co., Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

And So Much More.

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