Global Ammonia Market Analysis 2014-2025 - Market is Anticipated to Reach $76.6 Billion
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The global ammonia market is anticipated to reach USD 76.64 billion by 2025
Fertilizer is the major application of the product as well as an important source of nitrogen in the agricultural industry, which is expected to benefit the market over the forecast period.
Liquid ammonia segment dominated the market in 2016. It is majorly used in fertilizer and industrial & household cleaning applications. Ammonia is a colorless and pungent alkaline gas composed of hydrogen and nitrogen. It is an essential gas, which is used in various biological processes and industrial applications. It causes irritation to the eyes, skin, nose, lungs, and throat.
Globally governments have established various safety-related regulations associated with the production, usage, and transportation of the product. The regulations also provide some directives for the equipment and methods used during the production process and handling of ammonia.
Globally, the gap between supply & demand of the product is gradually becoming surplus, hence resulting in continuous price fluctuations. This gap is mainly due to continuous capacity additions, especially in
Southeast Asia (China and
Indonesia), Middle East, Central &
South America, and the U.S.
The continuous increase in capacity additions and weakening of the demand owing to lower crop prices, poor economic prospects, fluctuating energy prices, and rising competition are anticipated to be the major challenges for the industry over the forecast period.
Further key findings from the report suggest:
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Ammonia Market Variables, Trends, and Scope
Chapter 4 Ammonia Market: Fiber Type Estimates & Trend Analysis
Chapter 5 Ammonia Market: Application Estimates & Trend Analysis
Chapter 6 Ammonia Market: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/h5vrkq/ammonia_market
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