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Ammonia Market Report, Growth, Price Trends, Analysis, and Report 2025-2033

  • Writer: Rahul Pal
    Rahul Pal
  • Jun 25
  • 5 min read
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According to the latest report by IMARC Group, titled “Ammonia Market Report by Physical Form (Liquid, Powder, Gas), Application (MAP and DAP, Urea, Nitric Acid, Ammonium Sulfate, Ammonium Nitrate, and Others), End Use Industry (Agrochemical, Industrial Chemical, Mining, Pharmaceutical, Textiles, and Others), and Region 2025-2033”, offers a comprehensive analysis of the industry, which comprises insights on the global ammonia market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market.


The global ammonia market size reached USD 83.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 127.1 Billion by 2033, exhibiting a growth rate (CAGR) of 4.3% during 2025-2033.



Global Ammonia Market Dynamic:


The global ammonia market is experiencing a complex shift due to the interplay of differing factors like demand, new technology, and growing sustainability concerns. Ammonia acts as the cornerstone of fertilizers, but it is now also an important player for emerging energy solutions. Because of these factors, its market is influenced by guarantee food security, innovation in production techniques, and the need towards decarbonization. Stakeholders dealing with this critical chemical must understand these issues in order to grasp the transformations across the sector.


Surging Demand from the Agricultural Sector and Emerging Industrial Applications:


Growing demand in the agricultural sector continues to drive the global ammonia market. The world’s population is growing rapidly while the amount of available land suitable for farming is declining. This makes achieving greater food security and crop yields a major objective. Ammonia enhances soil fertility and plant growth, especially when used in nitrogenous fertilizers like urea and diammonium phosphate (DAP). As such, there is structural ammonia demand globally, particularly in agriculturally intensive countries in the Asia Pacific region.


The Transformative Shift Towards Green and Blue Ammonia Production:


In addition to fertilizers, ammonia's utility extends into various industrial fields such as chemicals where nitric acid, caprolactam, and melamine are produced. Due to its exceptional thermodynamic properties, ammonia is also used as a refrigerant in large-scale industrial refrigeration systems. All these factors along with increasing use from foundational sectors are directing new investments which make sustained growth very likely.One of the most important issues reshaping the ammonia market these days is the increasingly pronounced focus on sustainable production methods. This has resulted in what is being termed “green” and “blue” ammonia.


Ammonia production, prominently through the Haber-Bosch process coupled with steam methane reforming (SMR), has inefficiently harnessed energy for intense steam-based productivity and fueled carbon emissions for decades. The selective burning of fossil fuels and, more recently, shifting towards a net-zero ambition encompassing far-reaching targets necessitates cleaner alternatives now bordering green imperative solutions. Green ammonia arises from electrolyzing water for wind, solar, or hydropower produced hydrogen granting carbon-neutral retribution. Meanwhile, blue ammonia utilizes CCS-tech to capture excess carbon during fossil fuel production. This shift isn’t only an environmental response but are strategic realignments of industries designed to cut low-carbon initiatives further aiming to forge partnerships while constructing low-carbon plants worldwide amid growing demand for these technologies. Blue and green estimates signal these shifts will greatly disrupt traditional supply chains alongside nitrogen-based structure costs globally in the years ahead.


Ammonia's Strategic Role in the Future Energy Landscape:


In addition to its known uses, ammonia is gaining attention as a vital component in the global energy transition, shifting towards a potential hydrogen carrier and direct fuel. While hydrogen is a clean energy vector, it presents challenges for storage and transportation because of its low volumetric energy density. Ammonia solves this problem by allowing transport over long distances using current liquefaction technologies. It can be easily converted back to hydrogen afterwards (“cracked”) or burned in combustion engines and turbines to generate power—especially in hard-to-electrify sectors like maritime shipping and heavy industry. To unleash ammonia’s zero-carbon fuel potential for ships and its role as a medium for surplus renewable energy storage, governments and major energy companies are heavily investing into research programs and development projects. This evolving use case creates significant opportunity within an emerging demand market driving innovations focused on production technologies, infrastructural systems, and end-use technologies while simultaneously positioning ammonia as enabling technology toward achieving the sustainable energy future.


By the IMARC Group, Some of the Top Competitive Landscape Operating in the Global Ammonia Market are Given Below:


  • Achema AB

  • BASF SE

  • CF Industries Holdings Inc.

  • Koch Industries Inc.

  • Linde plc

  • Nutrien Ltd

  • OCI N.V.

  • Orica Limited

  • PJSC Togliattiazot

  • Saudi Basic Industries Corporation

  • Yara International ASA.


Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/ammonia-market


Global Ammonia Market Trends:


The ammonia sector is undergoing several major developments owing to a convergence of emission-related concerns, technological innovations, and changes in energy systems. One of the key developments is the significant progress toward decarbonization of ammonia production. This indicates an enormous shift from traditional methods using fossil fuels which are highly carbon-emitting to cleaner alternatives. There is now unprecedented attention on green ammonia production technologies, which use renewable electricity to produce hydrogen for synthesis. This is in line with global climate objectives and strong emission targets, motivating producers towards adopting sustainable methods. As a result, strategic alliances among energy firms, technology developers, and end-users are increasingly common to facilitate fast tracking the new production capacity adoption.


In addition, there is growing attention on ammonia as a hydrogen carrier and direct fuel. It addresses some challenges of the emerging hydrogen economy due to its higher volumetric hydrogen density compared to liquid hydrogen, ease of storage and transportation. This trend can be observed in the shipping industry where ammonia is considered for use as a low carbon fuel, which would greatly mitigate the sector’s carbon emissions. There are also rapidly advancing innovations in ammonia cracking technologies that convert ammonia to useable hydrogen at the point of utilization. Not only do these changes enhance the scope of ammonia's application, but they also help establish it as an important enabler for many sectors that strive towards cleaner energy solutions. The market used to focus mostly on fertilizers, but now wants to create clean chemicals.


Key Market Segmentation:


Breakup by Physical Form:


  • Liquid

  • Powder

  • Gas


Breakup by Application:


  • MAP and DAP

  • Urea

  • Nitric Acid

  • Ammonium Sulfate

  • Ammonium Nitrate

  • Others


Breakup by End Use Industry:


  • Agrochemical

  • Industrial Chemical

  • Mining

  • Pharmaceutical

  • Textiles

  • Others.


Regional Insights:


  • North America (United States, Canada)

  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)

  • Latin America (Brazil, Mexico, Others)

  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)


Key highlights of the Report:


  • Market Performance

  • Market Outlook

  • COVID-19 Impact on the Market

  • Porter’s Five Forces Analysis

  • Historical, Current and Future Market Trends

  • Market Drivers and Success Factors

  • SWOT Analysis

  • Structure of the Market

  • Value Chain Analysis

  • Comprehensive Mapping of the Competitive Landscape


Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.


About Us


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.


IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact US:


IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

 
 
 

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