Global Ammonia market is expected to grow at a CAGR of 4.2% during 2017-26 as a result of spurring demand from multiple downstream industries such as agriculture, consumer goods, pharmaceuticals, etc. The population outburst and increasing discretionary income followed by modern lifestyles in developing economic nations such as India, Brazil, Indonesia, etc. is escalating the demand for agriculture products, thereby boosting the consumption of ammonia in fertilizer applications. In addition to this, the shifting dietary trends across the globe and the increasing R&D activities to discover novel applications for Ammonia would continue to drive the Global Ammonia Market through 2026.
Years considered for this report:
Historical Years: 2012-2015 Base Year: 2016 Estimated Year: 2017 Forecast Period: 2017–2026
Objective of the Study:
Global Ammonia market is controlled by these major players, namely– BASF SE (Germany), PotashCorp (Canada), Yara International (Norway), CF Industries Holdings, Inc. (US), Group DF (Ukraine), Togliattiazot (Russia), OCI Nitrogen BV (Netherlands), Agrium, Inc. (Canada), Sabic (Saudi Arabia), Koch Fertilizer, LLC (US), Dakota Gasification Company (US), Linde AG (Germany), IFFCO (India), Casale SA (Switzerland) and Gujarat State Fertilizers & Chemicals Ltd. (India) among others.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading Ammonia manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, manufacturing plant location, prices of products and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the forms, applications, distribution network and regional presence of all major Ammonia manufacturers across the globe.
TechSci Research calculated the market size for Global Ammonia using a bottom-up approach, where manufacturers’ value sales data for standard forms (Liquid and Powder) were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Ammonia manufacturers, distributors and dealers, customers and policy makers. which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.
Report Scope:
In this report, the Ammonia has been segmented into the following categories in addition to the industry trends which have also been detailed below: