A latest report has been added to the wide database of Ammonia Market by Infinium Global Research. This report studies the
Ammonia Market by product form (powder, gas and liquid), application (textile, pharmaceuticals, refrigerants, fertilizers, and others) -
global industry analysis, trends analysis and forecast up to 2023 studies the world as well as regional markets including North America,
Europe, Asia Pacific and RoW (Including Latin America, Middle East and Africa) market status and outlook of global and major regions,
from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in
recent years and to forecast the values for the next six years. Ammonia Market provides opportunities in micro markets for
stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major
companies in the Ammonia Market. The global ammonia market size was worth USD 48.70 billion in 2016.According to report the
global ammonia market is projected to grow at a CAGR of 5% over the forecast period of 2017 – 2023. Factors driving the growth of
this market include extensive use of ammonia in fertilizers and agricultural products, increasing demand for ammonia to produce
modified fertilizers and rising usage of ammonia for the cold storage purpose in the refrigerator.
Liquid Ammonia is estimated to Account for the Largest Share of the Market In 2017
By product form, the ammonia market is classified into powder, gas and liquid. The liquid ammonia segment is expected to lead the
global ammonia market in 2017. Factors driving the growth of this segment include increasing use of liquid ammonia in the
refrigerators for cold storage, rising demand from household and commercial cleaning for liquid ammonia and for the composition of
hydrogen & nitrogen.
Fertilizer is estimated to Command the Largest Share of the Market during the Forecast Period
Based on application, the ammonia market is categorized into textile, pharmaceuticals, refrigerants, fertilizers, and others. The
fertilizer segment is estimated to account for the largest share of the global ammonia market during the forecast period. Growth in the
production of fertilizer and demand from the end use industries, increasing demand from agricultural sector and rising usage in
manufacturing of liquid fertilizers are the key factors driving the growth of this end-user segment.
Asia Pacific is estimated to Command the Largest Share of the Market
Based on region, the ammonia market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). Asia Pacific is
expected to dominate the ammonia market in 2017. This is attributed to factors such as presence of largest producers of ammonia in