The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of ammonia market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global ammonia market. According to report the global ammonia market is projected to grow at a CAGR of 5% over the forecast period of 2017 - 2023.

Pune, India -- (SBWire) -- 04/24/2019 --Study on Ammonia Market by Infinium Global Research is a comprehensive presentation of qualitative and quantitative research to identify key trends, growth prospects, drivers, restraints and opportunities in the global market. The report also deep dives into the sub-segments of ammonia market by product form (powder, gas, liquid), application (textile, pharmaceuticals, refrigerants, fertilizers), region (North America, Europe, Asia-Pacific, ROW) through main geographies in the global market such as North America, Europe, Asia-Pacific and RoW. Browse through over 100 tables and figures to get a complete view of the global and regional markets of ammonia over the period of 2017 to 2023.

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This report also provides the existing competitive scenario of some of the key players of the global ammonia market which includes company profiling of Shanxi Jinfeng Coal Chem, China National Petroleum Corporation, China Petroleum & Chemical Corporation, Rashtriya Chemicals & Fertilisers Ltd., Huaqiang Chemical Group, PotashCorp, CF Industries Holdings, Inc., BASF SE, and Yara International.

Liquid Ammonia is estimated to Account for the Largest Share of the Market In 2017

By-product form, the ammonia market is classified into powder, gas and liquid. The liquid ammonia segment is expected to lead the global ammonia market in 2017. Factors driving the growth of this segment include increasing use of liquid ammonia in the refrigerators for cold storage, rising demand from household and commercial cleaning for liquid ammonia and for the composition of hydrogen & nitrogen.

Fertilizer is estimated to Command the Largest Share of the Market during the Forecast Period

Based on application, the ammonia market is categorized into textile, pharmaceuticals, refrigerants, fertilizers, and others. The fertilizer segment is estimated to account for the largest share of the global ammonia market during the forecast period. Growth in the production of fertilizer and demand from the end use industries, increasing demand from the agricultural sector and rising usage in manufacturing of liquid fertilizers are the key factors driving the growth of this end-user segment.

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Asia Pacific is estimated to Command the Largest Share of the Market

Based on the region, the ammonia market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). Asia Pacific is expected to dominate the ammonia market in 2017. This is attributed to factors such as the presence of largest producers of ammonia in the region, increasing efforts made by the manufacturers to meet the growing demand of ammonia-based fertilizers and increasing demand from the agricultural sector for ammonia-based fertilizers in the region.

Companies Covered in this Report:

The report profiles some of the key companies in the ammonia market including Shanxi Jinfeng Coal Chem, China National Petroleum Corporation, China Petroleum & Chemical Corporation, Rashtriya Chemicals & Fertilisers Ltd., Huaqiang Chemical Group, PotashCorp, CF Industries Holdings, Inc., BASF SE, and Yara International.

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Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global ammonia market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of ammonia market.

Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the ammonia market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. Additionally, the analysis highlights the rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers, and distributors of the ammonia market to understand the present and future trends in this market and formulate their strategies accordingly.