Chemical Research Report Ammonia-Market

Ammonia Market - Size, Share, Outlook, and Opportunity Analysis, 2018 - 2026 The research report on Ammonia Market is segmented by Form, by Application, by End-use Industry and by Region - Size, Share, Trends, and Forecast to 2025 Ammonia (NH3) is a colorless gas, which is highly soluble in water, corrosive, and has a pungent odor. At normal atmospheric pressure, ammonia has a boiling point of -28 EF and a freezing point of -107.86 EF. Ammonia is used in the production of nitrogen fertilizers. Ammonia is used in end-used industries such as agriculture, chemical, textile, pulp and paper, pharmaceutical and water treatment. Market Dynamics Increasing demand for ammonia in end-use industries such as water treatment, textile, plastic, and chemical is driving growth of the global ammonia market. Ammonia is also used as a refrigerant gas for the purification of water supplies. As ammonia is used in the manufacturing of synthetic textile fibers such as nylon, rayon, and acrylics thus its demand in textile industry has positively impact on the global ammonia market. For instance, according to the India Brand Equity Foundation (IBEF), Indian textile market has increased from US$ 99 Billion in 2014 to US$137 Billion in 2016 and exhibited a CAGR of 17.6% during the period 2014-2016. However, the higher concentrations of ammonia in the air causes severe injuries and burns are the factors which restraint growth of ammonia market. Contact with concentrated ammonia solutions such as industrial cleaners can cause corrosive injuries including skin burns, blindness or permanent eye damage. Asia Pacific held significant market share in the global ammonia market due to high production and consumption of ammonia as a fertilizer in agriculture industry of emerging economies such as China and India. For instance, according to the Department of Agriculture, Forestry and Fisheries, China fertilizer production was valued at 84 million tons in 2014. Request Sample Copy of this Business Report @ https://www.coherentmarketinsights.com/insight/request-sample/2157