Ammonium Nitrate Market to Reach Approximately USD 6,740.6 Million by 2027

The global Ammonium Nitrate Market Size is anticipated to around USD 6,740.6 Mn by 2027 and the market is anticipated to grow with 3% CAGR during the forecast time period. The report has highlights of global key players present in this market. Top global players are analyzed completely along with their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.

Ammonium nitrate is highly soluble crystalline colorless substance that has melting point 169.6 °C. Ammonium nitrate has wide applicability in agriculture and explosive industry. Solid ammonium nitrate when heated in limited space can act as an explosive. In agriculture sector it is used in fertilizers in order to improve the nitrogen content. Ammonia is important chemical produced globally out of which majorly 85% is used in fertilizers and remaining 15% is used in wide variety of applications such as industrial, explosives and production of polymer.

In 2018 North America ammonium nitrate market accounted for high revenue share this was due to increase in demand from agriculture sector. In addition, increasing mining activities in the countries in this region, coupled with demand for better quality explosive products from mining sector will positively impact the regional market growth. Moreover, presence of prominent agriculture product manufacturers in UK and Germany, along with approach towards improving the quality of fertilizers is factor expected to support the market growth in this region to certain extent.

Asia Pacific market is witnessing a noticeable growth in terms of value and volume this can be attributed to rapid industrialization in emerging economies such as India, China, and Australia, increase in investment by major players on new exploration sites for minerals and metals. India is high producer of spices, pulses, milk, tea, cashew and jute and second largest producer of wheat, rice, fruits and vegetables, sugarcane, cotton and oilseeds. Increasing government spending on development of agriculture sector, coupled with introduction of new innovative products from manufacturers will support the regional growth.

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The regional market is divided in to North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The bifurcation of the target market is according to type, application and region. The type is further segment to ammonium nitrate solution and ammonium nitrate solid. The ammonium nitrate solution accounted for significant share due to high demand from chemical manufacturers for various applications.

Among the application segment ammonium nitrate fertilizer segment dominated to growth due to high demand for good quality of fertilizers.

Rising crops production across the globe, developing agriculture sector, and increasing demand for fertilizers are factors propelling the growth of global ammonium nitrate market. Major player are inclining towards developing countries for business expansion, coupled with introduction of new products is expected to further support the target market growth.

However, stringent government regulations related to product approval and availability of various substitutes are factors hampering the growth of global ammonium nitrate market. In addition, ban on selling ammonium nitrate fertilizers in some countries such as the Netherlands, France, Turkey, etc is expected to retrain the target market growth.

Activities related to business expansion by acquiring the manufacturing plant of other company mostly overseas this will help the company to expand its business presence and increase the revenue. For instance in 2018 the company acquired 70% of the Cachimayo plant, the only plant producing ammonium nitrate in Peru that operated under the Gloria Group. This purchase is expected to allows the company to generate a strategic alliance with the Peruvian holding company which will continue to be part of this company, in order to develop the road map, make investments and guide the growth of Industrias Cachimayo.

Players operating in the target market are Orica, Incitec Pivot Limited, Neochim PLC, URALCHEM Holding P.L.C., Enaex S.A., San Corporation, CF Industries Holdings, Inc., EuroChem Group AG, Austin Powder Company, and Vijay Gas Industry P Ltd. The players are focused on increasing their presence across the globe.

Key Findings

The global ammonium nitrate market was valued at around US$ 4,973 in 2018. Among the type segment the ammonium nitrate solution segment is expected to contribute significant revenue shares in the market globally.

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

Latin America

Brazil
Mexico
Rest if Latin America

Middle East & Africa

GCC
South Africa
Rest of Middle East & Africa

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Ammonium Nitrate
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Ammonium Nitrate Market By Type
1.2.2.1. Global Ammonium Nitrate Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Ammonium Nitrate Market Revenue Share By Type in 2018
1.2.2.3. Ammonium Nitrate Solid
1.2.2.4. Ammonium Nitrate Solution
1.2.3. Ammonium Nitrate Market By Application
1.2.3.1. Global Ammonium Nitrate Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Ammonium Nitrate Market Revenue Share By Application in 2018
1.2.3.3. Ammonium Nitrate Fertilizer
1.2.3.4. Ammonium Nitrate Explosive
1.2.4. Ammonium Nitrate Market By Geography
1.2.4.1. Global Ammonium Nitrate Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Ammonium Nitrate Market Revenue and Growth Rate(2015-2026)
1.2.4.3. Europe Ammonium Nitrate Market Revenue and Growth Rate(2015-2026)
1.2.4.4. Asia-Pacific Ammonium Nitrate Market Revenue and Growth Rate(2015-2026)
1.2.4.5. Latin America Ammonium Nitrate Market Revenue and Growth Rate(2015-2026)
1.2.4.6. Middle East and Africa (MEA) Ammonium Nitrate Market Revenue and Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2018

CHAPTER 4. Ammonium Nitrate MARKET By Type
4.1. Global Pure Cashmere Revenue By Type
4.2. Ammonium Nitrate Solid
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Ammonium Nitrate Solution
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. Ammonium Nitrate MARKET BY APPLICATION
5.1. Global Pure Cashmere Revenue By Application
5.2. Ammonium Nitrate Fertilizer
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Ammonium Nitrate Explosive
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. NORTH AMERICA Ammonium Nitrate MARKET BY COUNTRY
6.1. North America Ammonium Nitrate Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. North America Ammonium Nitrate Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Ammonium Nitrate Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 7. EUROPE Ammonium Nitrate MARKET BY COUNTRY
7.1. Europe Ammonium Nitrate Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Europe Ammonium Nitrate Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC Ammonium Nitrate MARKET BY COUNTRY
8.1. Asia-Pacific Ammonium Nitrate Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Asia-Pacific Ammonium Nitrate Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 9. LATIN AMERICA Ammonium Nitrate MARKET BY COUNTRY
9.1. Latin America Ammonium Nitrate Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Latin America Ammonium Nitrate Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 10. MIDDLE EAST & AFRICA Ammonium Nitrate MARKET BY COUNTRY
10.1. Middle East & Africa Ammonium Nitrate Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Middle East& Africa Ammonium Nitrate Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 11. COMPANY PROFILE
11.1. Orica
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Incitec Pivot Limited
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Neochim PLC
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. URALCHEM Holding P.L.C.
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Enaex S.A.
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. San Corporation
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. CF Industries Holdings, Inc.
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. EuroChem Group AG
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Austin Powder Company
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. Vijay Gas Industry P Ltd
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. Others
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies

CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope

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