Ammonium Nitrate Market Size & Analysis – Forecasts To 2025

1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Ammonium Nitrate
Market Market Insights The global ammonium
nitrate market is expected to grow at a
significant CAGR over the forecast period on
account of its rising adoption as an excellent
fertilizer coupled with rising application as an
oxidizing agent in explosive manufacturing. The
growing demand for industrial explosives and
blasting agents is projected to boost the overall
market growth in the next eight years. Moreover,
factors such as availability of raw materials
including nitric acid and sodium carbonate are
expected to augment the market growth over the
coming years. Along with this, the growing
application of fertilizers for high-quality crop
is also likely to stimulate the market for
ammonium nitrate. However, stringent
regulations associated with application of
fertilizers and limited usage of ammonium
nitrate in explosives is projected to affect the
profitability of market.
Ammonium Nitrate Market Application
Insights The global ammonium nitrate market is
segmented into fertilizers and explosives, based
on application. The fertilizer segment is
anticipated to dominate the market over the
forecast period owing to the potential benefits
of ammonium nitrate as compared to its substitute
such as urea. Moreover, increasing usage of
fertilizers to increase crop yield of various
food grains such as barley, maize, wheat and
rice among others is projected to augment the
market growth.
2
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
The explosives segment is projected to grow
significantly over the years on account of
growing usage of explosives in quarry and mine
operations. Along with this, rising demand for
metals such as manganese, bauxite and diamond
among others is projected to fuel market
growth. Ammonium Nitrate Market Regional
Insights Europe accounted for largest share of
the global market in 2016 due to high usage of
fertilizers for increasing crop yield. Asia
Pacific is also expected to emerge as a key
revenue generating region. This can be associated
with growing domestic consumption coupled with
increasing mining activities in this region.
Demand is expected to rise from countries such
as China, India, Thailand and Malaysia. Ammonium
Nitrate Market Vendor Landscape The report
contains a chapter dedicated to vendors operating
in the market, covering raw material
manufactures, equipment developers,
manufacturers, and distributors. The report
provides these insights on a regional level.
This section of the report entails contact
details, experience, products manufactured/suppli
ed, and geographical presence of
companies. Ammonium Nitrate Market End-Use
Landscape The end-use landscape entails a list
of current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase ammonium
nitrate over the coming years. Some leading
consumers of this market are CF Industries, BASF,
Israel Chemicals, Laflin Rand Powder Company,
and Oriental Powder Company.
3
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• Ammonium Nitrate Market Share Competitor
  Analysis
• The global market for ammonium nitrate is
  expected to be significantly large due to the
  presence of numerous manufacturers. The key
  players include Orica (Australia), Incitec Pivot
  Limited (Australia), Neochim PLC (Bulgaria),
  URALCHEM Holding P.L.C (Turkey), San Nutrition
  (The U.S.), CF Industries Holdings, Inc. (The
  U.S.), EuroChem Group AG (Switzerland), Austin
  Powder Company (The U.S.) and OSTCHEM Holding
  (Europe).
• In November 2017, Yara International ASA, a
  global producer and distributor of fertilizers,
  announced to acquire Vale SAs VALE5.SA
  fertilizer complex in Cubatão, Brazil. Along with
  doubling the fertilizer production of Yara, the
  acquisition provides with the ability to produce
  nitrogen-based fertilizers such as ammonium
  nitrate.
• The report segments the Ammonium Nitrate Market
  on the basis of By Application
• Fertilizers
• Explosives

4
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• By Region
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa

• This article contains text from the Ammonium
  Nitrate Market Size Analysis Forecasts To
  2025 report prepared by Global Market Estimates.
  For more information or to buy the report, please
  visit https//www.globalmarketestimates.com/ammo
  nium-nitrate-market/
• Check our annual research partenership service
  at
• https//www.globalmarketestimates.com/annual-resea
  rch-partnership-services/