The global ammonium nitrate market to show moderate growth during the forecast period. Ammonium nitrate is nitrate salt of ammonium that has been used in various applications across the globe. It commercially exists as a crystalline white solid which is highly soluble in water. The major factors driving the growth of the market are increasing building & construction activities, and the growing consumption of the product for manufacturing explosives. Moreover, rapidly increasing construction activities due to huge investment in infrastructural development around the globe are anticipated to boost demand for the ammonium nitrate product. However, stringent government regulations are one of the major factors that hinder the growth of the market.
The market is segmented on the basis of application into fertilizers, explosives, and other application such as food preservation. On the basis of industry, the market is segmented into medical, agriculture, mining, construction, and other industries. Ammonium nitrate is mainly used in gardens and large-scale agricultural field as a high nitrogen fertilizer. It is believed that more than 50% market share is held by fertilizer segment due to rising demand for food across the globe. This nitrate salt is the main ingredient in the development of ANFO (or AN/FO, for ammonium nitrate/fuel oil), one of the most explosive compounds. ANFO is a common explosive used in mining and civil construction which accounts for 80% of all explosives used in the US.
Geographically, the global ammonium nitrate market is segmented on the basis of the region including North America, Europe, Asia-pacific and Rest of the World (RoW). North American region is expected to grow considerably in the future attributed to rising agricultural land in the US and growing demand for explosives and increasing military expenditure. In India and China region are expected to witness lucrative growth due to higher production for nitrogen fertilizers and increasing demand for agricultural products will surge the demand for ammonium nitrate which will drive the growth of the market. The key players in the global ammonium nitrate market are LSB Industries, Inc., OSTCHEM Holding, EuroChem Group AG, Vijay Gas Industry Pvt. Ltd., Orica, Ltd., CF Industries Holdings, Inc., OSTCHEM Holding, Neochim PLC, Austin Powder Co., and among others.
Research Methodology
The market study of the global ammonium nitrate market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include
The report is intended ammonium nitrate manufacturers, traders and distributors of ammonium nitrate, production process industries, potential investors, raw material suppliers, nationalized laboratory, for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation
Global Ammonium Nitrate Market Research and Analysis by Application
Global Ammonium Nitrate Market Research and Analysis by Industry
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Definition
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. CF Industries Holdings, Inc.
3.3.1.1. Overview
3.3.1.2. SWOT Analysis
3.3.1.3. Recent Developments
3.3.2. LSB Industries, Inc.
3.3.2.1. Overview
3.3.2.2. SWOT Analysis
3.3.2.3. Recent Developments
3.3.3. Orica, Ltd.
3.3.3.1. Overview
3.3.3.2. SWOT Analysis
3.3.3.3. Recent Developments
3.3.4. OSTCHEM Holding
3.3.4.1. Overview
3.3.4.2. SWOT Analysis
3.3.4.3. Recent Developments
3.3.5. EuroChem Group AG
3.3.5.1. Overview
3.3.5.2. SWOT Analysis
3.3.5.3. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Ammonium Nitrate Market by Application
5.1.1. Fertilizers
5.1.2. Explosives
5.1.3. Others (Food Preservation)
5.2. Global Ammonium Nitrate Market by Industry
5.2.1. Mining Industry
5.2.2. Agriculture Industry
5.2.3. Medical Industry
5.2.4. Construction Industry
5.2.5. Others Industry
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Abu Qir Fertilizers and Chemicals Co.
7.2. Apache Nitrogen Products, Inc.
7.3. Austin Powder
7.4. Borealis AG
7.5. CF Industries Holdings, Inc.
7.6. CSBP Ltd.
7.7. Deepak Fertilisers and Petrochemicals Corp. Ltd. (DFPCL)
7.8. Enaex S.A.
7.9. EuroChem Group AG
7.10. Fertiberia, S.A.
7.11. Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Ltd.
7.12. Hualong Ammonium Nitrate Co. Ltd.
7.13. Incitec Pivot Ltd.
7.14. LSB Industries, Inc.
7.15. Neochim PLC
7.16. Orica Ltd.
7.17. OSTCHEM Holding
7.18. San Corp.
7.19. TREAD Corp.
7.20. URALCHEM JSC
7.21. Vijay Gas Industry Pvt. Ltd.
7.22. Yara International ASA
1. GLOBAL AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLIONS)
2. GLOBAL FERTILIZERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
3. GLOBAL EXPLOSIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
4. GLOBAL FOOD PRESERVATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
5. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
6. GLOBAL AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025 ($ MILLIONS)
7. GLOBAL MINING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
8. GLOBAL AGRICULTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
9. GLOBAL MEDICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
10. GLOBAL CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
11. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLIONS)
12. GLOBAL AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLIONS)
13. NORTH AMERICA AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLIONS)
14. NORTH AMERICA AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLIONS)
15. NORTH AMERICA AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025 ($ MILLIONS)
16. EUROPEAN AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLIONS)
17. EUROPEAN AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLIONS)
18. EUROPEAN AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025 ($ MILLIONS)
19. ASIA-PACIFIC AMMONIUM NITRATE RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLIONS)
20. ASIA-PACIFIC AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLIONS)
21. ASIA-PACIFIC AMMONIUM NITRATE RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025 ($ MILLIONS)
22. REST OF THE WORLD AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLIONS)
23. REST OF THE WORLD AMMONIUM NITRATE MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2018-2025 ($ MILLIONS)
1. GLOBAL AMMONIUM NITRATE MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
2. GLOBAL AMMONIUM NITRATE MARKET SHARE BY INDUSTRY, 2018 VS 2025 (%)
3. GLOBAL AMMONIUM NITRATE MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. US AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
6. UK AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD AMMONIUM NITRATE MARKET SIZE, 2018-2025 ($ MILLION)