DUBLIN--(BUSINESS WIRE)--The "Global Ammonia Market (by Application & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)" report has been added to ResearchAndMarkets.com's offering.

The global ammonia market is expected to record a value of US$78.60 billion in 2026, growing at a CAGR of 5.59%, for the time period of 2022-2026.

Companies Mentioned

• OCI
• Orica
• CF Industries
• Yara International
• Nutrien
• BASF SE

The factors such as growing demand for nitrogen, growing potentials of green ammonia as marine fuel, increasing demand for urea, increasing use of margarine, expansion of explosive industry and increasing demand for semiconductor would drive the growth of the market. However, the market growth would be challenged by higher initial capital requirements for green ammonia plant infrastructure and health effects of ammonia exposure. A few notable trends may include increasing manufacturing of pharmaceuticals, growing production of low-carbon hydrogen, upsurge in ammonia capacity and rising need for eco-friendly refrigerants.

The global ammonia market is highly competitive in nature and is currently witnessing constant price fluctuations. The industry is marked by the presence of global market players that are investing in the research & development activities for innovating new and developed processes. Owing to this, the adoption of ammonia is highly encouraged across various industries, which is accelerating the growth of the global ammonia market.

Scope of the report

• The report provides a comprehensive analysis of the global ammonia market
• The major regional markets (Asia Pacific, North America and Europe ROW), along with the country coverage of the U.S. have been analyzed.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The company profiles of leading players (BASF SE Nutrien, Yara International, Orica, CF Industries and OCI) are also presented in detail.

Key Topics Covered:

1. Market Overview

2. COVID-19 Impact

2.1 Negative Impact on Agrochemical Industry

2.2 Decline in Petroleum Production

2.3 Downfall in the Copper Mine Production

2.4 Halt in the Textile Industry

3. Global Market

3.1 Global Ammonia Market by Value

3.2 Global Ammonia Market Forecast by Value

3.3 Global Ammonia Market Value by Application

3.3.1 Global Fertilizer Ammonia Market by Value

3.3.2 Global Fertilizer Ammonia Market Forecast by Value

3.3.3 Global Refrigerant Ammonia Market by Value

3.3.4 Global Refrigerant Ammonia Market Forecast by Value

3.3.5 Global Pharmaceutical Ammonia Market by Value

3.3.6 Global Pharmaceutical Ammonia Market Forecast by Value

3.3.7 Global Textile Ammonia Market by Value

3.3.8 Global Textile Ammonia Market Forecast by Value

3.4 Global Ammonia Market by Regions

3.5 Global Ammonia Market by Volume

3.6 Global Ammonia Market Forecast by Volume

4. Regional Market

5. Market Dynamics

5.1 Growth Drivers

5.1.1 Growing Demand for Nitrogen

5.1.2 Growing Potentials of Green Ammonia as Marine Fuel

5.1.3 Increasing Demand for Urea

5.1.4 Increasing Use of Margarine

5.1.5 Expansion of Explosives Industry

5.1.6 Increase in Demand for Semiconductor

5.2 Key Trends & Developments

5.2.1 Increasing Manufacturing of Pharmaceuticals

5.2.2 Growing Production of Low-Carbon Hydrogen

5.2.3 Upsurge in Ammonia Capacity

5.2.4 Rising Need for Eco-friendly Refrigerants

5.3 Challenges

5.3.1 Higher Initial Capital Requirements for Green Ammonia Plant Infrastructure

5.3.2 Health Effects of Ammonia Exposure

6. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/e9ktyz

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