Ammonia Market By Type (Gas, and Liquid), By End User (Pharmaceutical, Textiles, Refrigeration, Mining, Agriculture, and Other Industries), and By Geography (North America, Latin America, Europe, South America, Middle-East and Africa, Asia-Pacific, and Rest of the World) – Impact of COVID-19 on the Global Ammonia Market 2021-2026
Ammonia Market Research Overview:
Ammonia Market size is expected to touch decent heights in the coming years, according to the research report published by Data Research Reports. The Global Ammonia Market report covers the industry size, growth, share, demand strategies, value, and segment analysis of the Ammonia Market.
Ammonia, a composite of hydrogen and nitrogen, has no color gas with a constant powerful smell. Ammonia is mostly used in producing some industrial chemicals. The product is mainly used in the production of ammonium phosphates, urea, and ammonium sulfate. Increasing pivot on energy depletion systems is predictable to upsurge product use as a refrigerant to afford maintainable, energy-saving refrigeration, and safe. It refers to the segment of normal refrigerants and is glowing familiar as the furthest environmentally friendly refrigerant. It’s GWP (Global Warming Potential) and ODP (Ozone Depletion Potential) has zero.
The dangerous effects of ammonia in its focused form are probable to hamper the Ammonia market growth. The usage of ammonia as a refrigerant is expected to perform as a prospect to the ammonia market. Asia-Pacific ammonia market led the global market through the globe, with the highest consumption from APAC countries, namely India and China, and it is additionally projected to continue the equal in the next coming years.
Ammonia Market Segmentation Overview:
The global ammonia market is categorized into By Type and By End User.
Based on Type it is sub-divided into gas, and Liquid. Based on End-User it subdivided into Pharmaceutical, Textiles, Refrigeration, Mining, Agriculture, and Other Industries.
Global Classification of the Market Report:
Global Ammonia Market is geographically classified by North America into the USA, Canada. By Latin America into Brazil, Argentina, Mexico. By Europe into UK, Germany, Spain, France, London, Italy, and rest of the European countries. The Middle East and Africa into UAE, KSA, Qatar, and South Africa. The Asia Pacific into India, China, Japan, Malaysia, Singapore, Australia, and the Rest of the APAC countries.
Ammonia Market Regional and Country Growth Overview:
North America Ammonia Market:
North America ammonia market is one the key manufacturer in the global ammonia market. The United States had over 11+ global enterprises that manufactured the multiple in their manufacturing services in the year 2016. Around 44.5% of the manufactured goods in the country are spent in additional manufacture of nitrogen fertilizers.
Asia Pacific Ammonia Market:
In the APAC region, China country is the highest economy in standings of GDP. China has seen around 6.1% growth in its GDP during the year 2019, even though the trade trouble affected because of its trade conflict with the USA. The economic development rate of China in the year 2020 was primarily anticipated to be reasonable as analyzed and compared to the last year. Though, due to the beginning of COVID-19 in the year 2020, the economic development of China is projected to an agreement to some scope and is estimated to eyewitness regaining in the year 2021.
Ammonia Market Prominent Key Companies Profiled:
BASF, Koch Fertilizer, Yara International, Jiangsu Huachang Chemical, CF Industries, Orica, Incitec Pivot, Linde Group, SABIC, China National Petroleum Corporation, Haldor Topsoe, Trammo, OCI Nitrogen, Dow Chemical, Praxair, Achema, Mitsubishi Gas Chemical, Haifa Chemicals, Potash Corp, Group DF, Togliattiazot, CSBP, and Agrium.
By End User:
- Other Industries
Major Companies Profiled in the market:
- Koch Fertilizer
- Yara International
- Jiangsu Huachang Chemical
- CF Industries
- Incitec Pivot
- Linde Group
- China National Petroleum Corporation
- Haldor Topsoe
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