Synthetic Ammonia Market, Global Outlook and Forecast 2023-2028

Report ID: 1372046 | Published Date: Jan 2025 | No. of Page: 117 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

Synthetic ammonia refers to ammonia directly synthesized by nitrogen and hydrogen in the presence of high temperature, high pressure and catalyst. It is a basic inorganic chemical process.In modern chemical industry, ammonia is the main raw material of chemical fertilizer industry and basic organic chemical industry.Ammonia is mainly used in the production of nitrogen fertilizers and compound fertilizers, such as urea, ammonium nitrate, ammonium phosphate, ammonium chloride and various nitrogen-containing compound fertilizers.Ammonia, as an industrial raw material and ammoniated feed, accounts for about 1/2 of the world's output.Nitric acid, all kinds of nitrogen-containing inorganic salts and organic intermediates, sulfonamides, polyurethane, polyamide fibers and nitrile rubber all need to be directly made from ammonia.Liquid ammonia is commonly used as refrigerant.
This report contains market size and forecasts of Synthetic Ammonia in global, including the following market information:
Global Synthetic Ammonia Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Synthetic Ammonia Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Synthetic Ammonia companies in 2021 (%)
The global Synthetic Ammonia market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Liquid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Synthetic Ammonia include Yara International, BASF, CF Industries Holdings, PotashCorp, Achema, OCI NV, EuroChem Group, SABIC and Huaqiang Chem Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Synthetic Ammonia manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Synthetic Ammonia Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Synthetic Ammonia Market Segment Percentages, by Type, 2021 (%)
Liquid
Gas
Global Synthetic Ammonia Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Synthetic Ammonia Market Segment Percentages, by Application, 2021 (%)
Fertilizer
Refrigerant
Polymer Synthesis
Pharmaceuticals
Textile
Others
Global Synthetic Ammonia Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Synthetic Ammonia Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Synthetic Ammonia revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Synthetic Ammonia revenues share in global market, 2021 (%)
Key companies Synthetic Ammonia sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Synthetic Ammonia sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Yara International
BASF
CF Industries Holdings
PotashCorp
Achema
OCI NV
EuroChem Group
SABIC
Huaqiang Chem Group
Shanxi Jinfeng Coal
Rashtriya Chemicals & Fertilizers
China Petroleum & Chemical Corporation
China National Petroleum Corporation(CNPC)
Orica Limited
Uralchem JSC
Togliattyazot
IFFCO
Qatar Fertiliser Company
Koch Fertilizer

Frequently Asked Questions
Synthetic Ammonia Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Synthetic Ammonia Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Synthetic Ammonia Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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