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Ammonium Nitrate Market Share

Report ID: GMI818
Published Date: Jun 2024
Report Format: PDF

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Ammonium Nitrate Market Share

Ammonium Nitrate Market Company Share, (2023)

Leading ammonium nitrate firms are adopting key strategies, such as mergers and acquisitions to consolidate market share and enhance their product portfolios. These industry players are investing in advanced manufacturing technologies to improve efficiency and reduce environmental impacts along with sustainability. They are also focusing on R&D activities to innovate and advance new high-performance products, such as coated controlled-release ammonium nitrate formulations.

Ammonium Nitrate Market Companies

Major players operating in the ammonium nitrate industry include:

Yara International
Orica Ltd
Enaex S.A
CF Industries Holdings
URALCHEM Holding P.L.C.
Incitec Pivot Limited Inc
DFPCL
Neochim Ad
San Corporation
Borealis
Austin Powder International
EuroChem Group AG
CSBP Limited
OSTCHEM Holding Company
Abu Qir Fertilizers Co
Fertiberia SA

Authors: Kiran Pulidindi, Saurabh Bhalerao

Frequently Asked Questions (FAQ) :

Industry size for ammonium nitrate was worth over USD 16.28 billion in 2023 and is projected to record over USD 24.86 billion by 2032, driven by its extensive use in agriculture and mining sectors.

The high-density product segment in the ammonium nitrate market accounted for USD 8.32 billion in 2023 and is estimated to depict notable CAGR between 2024 and 2032, due to its superior efficiency and effectiveness in both agricultural and industrial applications.

Ammonium nitrate market size from agriculture segment is expected to witness 5% CAGR from 2024 to 2032 due to its crucial role as a high-efficiency nitrogen fertilizer.

Europe market size accounted for more than USD 2.93 billion in 2023 is estimated to grow at substantial CAGR between 2024 and 2032, due to the stringent agricultural policies for promoting high-efficiency fertilizers to boost crop productivity.