Ammonia Market - Size, Share, Trends, and Forecast to 2025

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Ammonia Market - Global Industry Insight, Trends,
Outlook, and Opportunity Analysis 2017-2025

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REPORT DESCRIPTION
Ammonia Market Overview
Ammonia (NH3) is a compound composed of one
nitrogen and three hydrogen atoms. It is usually
found as a gas. It is colorless, highly soluble
in water, and has a pungent odor. Ammonia is
essential for many biological processes and
serves as a precursor for amino acid and
nucleotide synthesis. Ammonia is produced
naturally through the breakdown of organic waste
matter in the environment. It is used in
fertilizer, chemical, pharmaceutical, pulp and
paper, mining, fiber, and plastics industries.
The feedstock used for ammonia production are
natural gas and fuel oil. Increasing demand for
fertilizers in the agriculture sector is the
major driving factor for the growth of global
ammonia market across owing to increasing
production capacity of ammonia across the globe
this factor driving the market. For instance,
according to the International Fertilizer
Industry Association (IFA), ammonium production
on the basis of region North America and South
Asia accounted for 70 of overall capacity growth
in forecast period (2017-2021). However, ammonia
is irritating and corrosive. Thus, exposure to
high concentrations of ammonia in air causes
burning of nose, throat, and respiratory tract,
which is one of the major factors restraining the
ammonia market growth.
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REPORT DESCRIPTION

• Detailed Segmentation
• Global Ammonia Market, By Form
• Liquid
• Gas
• Powder
• Global Ammonia Market, By Application
• Fertilizers
• Refrigerants
• Cleansing Agents
• Explosives
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REPORT DESCRIPTION
Asia Pacific is expected to account for
significant market share in the global ammonia
market in terms of revenue over the forecast
period. Ammonia is used in cleansing agents and
as food additives. Ammonia is used as leavening
agents in baked goods and as an acidity
controller in cheese and chocolate. According to
Coherent Market Insights analysis, the global
chocolate market was valued at US 99.60 billion
in 2016 and is expected to grow at a CAGR of 6.6
over the forecast period, which in turn will
drive growth of ammonia market. Europe held
significant market share in the global ammonia
market in 2017 and is expected to retain its
dominance over the forecast period owing to
benefits of the ammonia such as acid regulators,
stabilizers. According to World Health
Organization (WHO), the estimated daily ammonia
intake through food and drinking water is 18 mg,
by inhalation is less than 1 mg, and through
cigarette smoking (20 cigarettes per day) is less
than 1 mg. In contrast, 4000 mg of ammonia per
day are produced endogenously in the human
intestine. Some of the key players operating in
the global ammonia market include Yara
International ASA, BASF SE, CF Industries
Holdings, Inc., Nutrien Ltd., Potash Corporation
of Saskatchewan Inc., Dangyang Huaqiang Chemical
Co., Ltd., Shanxi Jinfeng Coal Chemical Co Ltd.,
GTS Chemical Holdings plc.,Togliattiazot, OCI
Nitrogen B.V., Agrium Inc., Sabic, and Koch
Fertilizer, LLC among others. To Get Discount on
this Report https//www.coherentmarketinsights.co
m/insight/request-discount/2157
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