암모니아 시장 규모, 점유율, 성장, 세계 산업 분석, 지역별 인사이트 및 예측(2026-2034년)

Growth Factors of ammonia Market

The global ammonia market size was valued at USD 82.90 billion in 2025 and is projected to grow from USD 86.47 billion in 2026 to USD 121.19 billion by 2034, reflecting a CAGR of 4.31% during the forecast period. Asia Pacific dominated the global ammonia market in 2025, supported by strong fertilizer consumption in major agricultural economies such as China and India. The U.S. ammonia market is projected to reach USD 9.12 billion by 2028, driven by demand from agriculture and industrial refrigeration.

Ammonia is primarily utilized in fertilizer manufacturing and serves as an important nitrogen source for crop production. It is also used in refrigerant gases, textiles, plastics, pharmaceuticals, dyes, pesticides, wastewater treatment, rubber, pulp and paper, food and beverages, and cold-storage applications. Increasing global food requirements and expanding agricultural production are expected to support market growth.

Market Definition and Scope

Ammonia is a nitrogen-hydrogen compound widely produced through the Haber-Bosch process. Its broad industrial applications make it an important commodity across agriculture, chemicals, refrigeration, pharmaceuticals, and cleaning products. The market scope includes ammonia consumption across fertilizers, textiles, refrigerant gases, pharmaceuticals, household and industrial cleaning, and other applications.

Market Dynamics

Drivers

Rising Fertilizer Consumption and Agricultural Production

Increasing population, food demand, and pressure to improve crop yields are driving fertilizer consumption worldwide. Ammonia is a fundamental feedstock for producing urea, ammonium nitrate, ammonium phosphate, and ammonium sulfate. Expansion of commercial agriculture and advanced farming practices is therefore supporting ammonia demand.

Trends

Growing Demand for Green and Low-Carbon Ammonia

The industry is increasingly focused on reducing emissions associated with conventional ammonia production. Green hydrogen, renewable electricity, electrolysis, and alternative production technologies are being explored to manufacture ammonia with lower or potentially zero carbon emissions. Ammonia is also receiving increasing attention as a potential fuel for maritime transportation and other energy applications.

Restraints

Health and Safety Concerns

Exposure to high concentrations of ammonia can cause irritation and serious damage to the eyes, skin, respiratory tract, and digestive system. These safety requirements can increase handling, storage, monitoring, and transportation costs, potentially limiting adoption in certain applications.

Impact of COVID-19

The COVID-19 pandemic temporarily disrupted ammonia production, particularly in China because of lockdowns, labor shortages, and manufacturing restrictions. Production declined considerably during the initial months of 2020. However, fertilizer production gradually returned to normal after April 2020. Increased attention toward food security and grain production subsequently supported demand for chemical fertilizers and helped the industry recover.

Segmentation Analysis

By application, the market is divided into fertilizers, textiles, refrigerant gases, pharmaceuticals, household & industrial cleaning, and others.

The fertilizers segment represents the dominant application because ammonia is essential for manufacturing nitrogen-based fertilizers. Growing agricultural production and the need to improve soil nutrient availability are expected to sustain this segment.

The refrigerant gases segment also represents an important application. Ammonia offers favorable thermodynamic properties and cost advantages and is widely utilized in industrial refrigeration, food processing, and cold-storage facilities.

Ammonium hydroxide is also used in household and industrial cleaning products, while ammonia-based chemicals support pharmaceutical, textile, plastics, and other manufacturing processes.

Regional Insights

Asia Pacific

Asia Pacific held a 40.9% market share in 2025 and remains the leading regional market. The region's growth is associated with strong fertilizer demand from China and India, rising food requirements, population growth, and expanding agricultural activity. The Asia Pacific market value was reported at USD 27.41 billion in the source's regional analysis.

Europe

Europe is expected to experience notable development as producers invest in energy-efficient manufacturing and green ammonia technologies. Projects focused on carbon-free ammonia production are supporting the transition toward lower-emission fertilizer manufacturing.

North America

North America benefits from expanding agricultural activity, modern farming practices, and industrial refrigeration demand. The U.S. remains an important market because of its established fertilizer industry and extensive agricultural base.

Latin America and Middle East

Latin America benefits from fertilizer demand, agricultural development, natural gas availability, and improving infrastructure. The Middle East remains a major ammonia and nitrogen-fertilizer production region, with countries such as Saudi Arabia, Iran, and Qatar serving domestic and international markets.

Competitive Landscape

The ammonia market includes major companies such as Yara International ASA, BASF SE, CF Industries Holdings, Nutrien, SABIC, Qatar Petroleum, EuroChem Group, Koch Fertilizer, Praxair Technology, China National Petroleum Corporation, and Rashtriya Chemicals and Fertilizers Limited. Companies are focusing on production expansion, strategic collaborations, research and development, and green ammonia technologies.

Recent Industry Developments

Industry participants are increasingly developing ammonia-based clean-fuel and low-carbon projects. Companies and research organizations have announced green ammonia production facilities, ammonia-fueled shipping initiatives, renewable hydrogen projects, and new production technologies. These developments are expanding ammonia's role beyond conventional fertilizer applications.

Report Coverage

The ammonia market report covers market size and forecast data for 2025, 2026, and 2034, along with application-based segmentation, regional analysis, market dynamics, industry trends, competitive developments, and key companies. The report also examines factors influencing market growth, technological developments, emerging green ammonia opportunities, and changes across major regional markets.

Conclusion

The global ammonia market is positioned for steady expansion, increasing from a market size of USD 82.90 billion in 2025 to USD 86.47 billion in 2026 and USD 121.19 billion by 2034. Fertilizer production will remain a central demand driver, while refrigeration, chemicals, pharmaceuticals, and emerging clean-fuel applications will contribute to market opportunities. At the same time, investments in green ammonia, renewable hydrogen, and lower-carbon production technologies are expected to reshape the industry and create new avenues for long-term market development.

Unit Value (USD Billion); Volume (Kilo Tons)

Segmentation Application; and Region

By Application

• Fertilizers
• Textile
• Refrigeration
• Pharmaceutical
• Household & Industrial Cleaning
• Others

By Region

• North America (By Application, By Country)
  • o
  • The U.S. (By Application)
  • Canada (By Application)
• Europe (By Application, By Country)
  • o
  • Germany (By Application)
  • UK (By Application)
  • France (By Application)
  • Italy (By Application)
  • Spain (By Application)
  • Rest of Europe (By Application)
• Asia Pacific (By Application, By Country)
  • o
  • China (By Application)
  • Japan (By Application)
  • India (By Application)
  • South Korea (By Application)
  • Rest of Asia Pacific (By Application)
• Latin America (By Application, By Country)
  • o
  • Brazil (By Application)
  • Rest of Latin America (By Application)
• The Middle East & Africa (By Application, By Country)
  • o
  • Saudi Arabia (By Application)
  • South Africa (By Application)
  • Rest of the Middle East & Africa (By Application)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends

4. Key Insights

• 4.1. Key Emerging Trends - For Major Countries
• 4.2. Industry SWOT Analysis
• 4.3. Regulatory Analysis
• 4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions

5. Qualitative Insights - Impact of COVID-19 on Global Ammonia Market

• 5.1. Supply Chain Challenges
• 5.2. Steps taken by Government/Companies to overcome this impact
• 5.3. Potential opportunities due to COVID-19 outbreak

6. Global Ammonia Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Key Findings / Summary
• 6.2. Market Size Estimates and Forecast
  • 6.2.1. By Application (Value/Volume)
    • 6.2.1.1. Fertilizers
    • 6.2.1.2. Textile
    • 6.2.1.3. Refrigeration
    • 6.2.1.4. Pharmaceutical
    • 6.2.1.5. Household & Industrial Cleaning
    • 6.2.1.6. Others
  • 6.2.2. By Region (Value/Volume)
    • 6.2.2.1. North America
    • 6.2.2.2. Europe
    • 6.2.2.3. Asia Pacific
    • 6.2.2.4. Latin America
    • 6.2.2.5. Middle East & Africa

7. North America Ammonia Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Key Findings / Summary
• 7.2. Market Size Estimates and Forecast
  • 7.2.1. By Application (Value/Volume)
    • 7.2.1.1. Fertilizers
    • 7.2.1.2. Textile
    • 7.2.1.3. Refrigeration
    • 7.2.1.4. Pharmaceutical
    • 7.2.1.5. Household & Industrial Cleaning
    • 7.2.1.6. Others
  • 7.2.2. By Country (Value/Volume)
    • 7.2.2.1. U.S.
      • 7.2.2.1.1. By Application (Value/Volume)
        • 7.2.2.1.1.1. Fertilizers
        • 7.2.2.1.1.2. Textile
        • 7.2.2.1.1.3. Refrigeration
        • 7.2.2.1.1.4. Pharmaceutical
        • 7.2.2.1.1.5. Household & Industrial Cleaning
        • 7.2.2.1.1.6. Others
    • 7.2.2.2. Canada
      • 7.2.2.2.1. By Application (Value/Volume)
        • 7.2.2.2.1.1. Fertilizers
        • 7.2.2.2.1.2. Textile
        • 7.2.2.2.1.3. Refrigeration
        • 7.2.2.2.1.4. Pharmaceutical
        • 7.2.2.2.1.5. Household & Industrial Cleaning
        • 7.2.2.2.1.6. Others

8. Europe Ammonia Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Key Findings / Summary
• 8.2. Market Size Estimates and Forecast
  • 8.2.1. By Application (Value/Volume)
    • 8.2.1.1. Fertilizers
    • 8.2.1.2. Textile
    • 8.2.1.3. Refrigeration
    • 8.2.1.4. Pharmaceutical
    • 8.2.1.5. Household & Industrial Cleaning
    • 8.2.1.6. Others
  • 8.2.2. By Country (Value/Volume)
    • 8.2.2.1. Germany
      • 8.2.2.1.1. By Application (Value/Volume)
        • 8.2.2.1.1.1. Fertilizers
        • 8.2.2.1.1.2. Textile
        • 8.2.2.1.1.3. Refrigeration
        • 8.2.2.1.1.4. Pharmaceutical
        • 8.2.2.1.1.5. Household & Industrial Cleaning
        • 8.2.2.1.1.6. Others
    • 8.2.2.2. UK
      • 8.2.2.2.1. By Application (Value/Volume)
        • 8.2.2.2.1.1. Fertilizers
        • 8.2.2.2.1.2. Textile
        • 8.2.2.2.1.3. Refrigeration
        • 8.2.2.2.1.4. Pharmaceutical
        • 8.2.2.2.1.5. Household & Industrial Cleaning
        • 8.2.2.2.1.6. Others
    • 8.2.2.3. France
      • 8.2.2.3.1. By Application (Value/Volume)
        • 8.2.2.3.1.1. Fertilizers
        • 8.2.2.3.1.2. Textile
        • 8.2.2.3.1.3. Refrigeration
        • 8.2.2.3.1.4. Pharmaceutical
        • 8.2.2.3.1.5. Household & Industrial Cleaning
        • 8.2.2.3.1.6. Others
    • 8.2.2.4. Italy
      • 8.2.2.4.1. By Application (Value/Volume)
        • 8.2.2.4.1.1. Fertilizers
        • 8.2.2.4.1.2. Textile
        • 8.2.2.4.1.3. Refrigeration
        • 8.2.2.4.1.4. Pharmaceutical
        • 8.2.2.4.1.5. Household & Industrial Cleaning
        • 8.2.2.4.1.6. Others
    • 8.2.2.5. Spain
      • 8.2.2.5.1. By Application (Value/Volume)
        • 8.2.2.5.1.1. Fertilizers
        • 8.2.2.5.1.2. Textile
        • 8.2.2.5.1.3. Refrigeration
        • 8.2.2.5.1.4. Pharmaceutical
        • 8.2.2.5.1.5. Household & Industrial Cleaning
        • 8.2.2.5.1.6. Others
    • 8.2.2.6. Rest of Europe
      • 8.2.2.6.1. By Application (Value/Volume)
        • 8.2.2.6.1.1. Fertilizers
        • 8.2.2.6.1.2. Textile
        • 8.2.2.6.1.3. Refrigeration
        • 8.2.2.6.1.4. Pharmaceutical
        • 8.2.2.6.1.5. Household & Industrial Cleaning
        • 8.2.2.6.1.6. Others

9. Asia-Pacific Ammonia Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Key Findings / Summary
• 9.2. Market Size Estimates and Forecast
  • 9.2.1. By Application (Value/Volume)
    • 9.2.1.1. Fertilizers
    • 9.2.1.2. Textile
    • 9.2.1.3. Refrigeration
    • 9.2.1.4. Pharmaceutical
    • 9.2.1.5. Household & Industrial Cleaning
    • 9.2.1.6. Others
  • 9.2.2. By Country (Value/Volume)
    • 9.2.2.1. China
      • 9.2.2.1.1. By Application (Value/Volume)
        • 9.2.2.1.1.1. Fertilizers
        • 9.2.2.1.1.2. Textile
        • 9.2.2.1.1.3. Refrigeration
        • 9.2.2.1.1.4. Pharmaceutical
        • 9.2.2.1.1.5. Household & Industrial Cleaning
        • 9.2.2.1.1.6. Others
    • 9.2.2.2. India
      • 9.2.2.2.1. By Application (Value/Volume)
        • 9.2.2.2.1.1. Fertilizers
        • 9.2.2.2.1.2. Textile
        • 9.2.2.2.1.3. Refrigeration
        • 9.2.2.2.1.4. Pharmaceutical
        • 9.2.2.2.1.5. Household & Industrial Cleaning
        • 9.2.2.2.1.6. Others
    • 9.2.2.3. Japan
      • 9.2.2.3.1. By Application (Value/Volume)
        • 9.2.2.3.1.1. Fertilizers
        • 9.2.2.3.1.2. Textile
        • 9.2.2.3.1.3. Refrigeration
        • 9.2.2.3.1.4. Pharmaceutical
        • 9.2.2.3.1.5. Household & Industrial Cleaning
        • 9.2.2.3.1.6. Others
    • 9.2.2.4. South Korea
      • 9.2.2.4.1. By Application (Value/Volume)
        • 9.2.2.4.1.1. Fertilizers
        • 9.2.2.4.1.2. Textile
        • 9.2.2.4.1.3. Refrigeration
        • 9.2.2.4.1.4. Pharmaceutical
        • 9.2.2.4.1.5. Household & Industrial Cleaning
        • 9.2.2.4.1.6. Others
    • 9.2.2.5. Rest of Asia Pacific
      • 9.2.2.5.1. By Application (Value/Volume)
        • 9.2.2.5.1.1. Fertilizers
        • 9.2.2.5.1.2. Textile
        • 9.2.2.5.1.3. Refrigeration
        • 9.2.2.5.1.4. Pharmaceutical
        • 9.2.2.5.1.5. Household & Industrial Cleaning
        • 9.2.2.5.1.6. Others

10. Latin America Ammonia Market Analysis, Insights and Forecast, 2021-2034

• 10.1. Key Findings / Summary
• 10.2. Market Size Estimates and Forecast
  • 10.2.1. By Application (Value/Volume)
    • 10.2.1.1. Fertilizers
    • 10.2.1.2. Textile
    • 10.2.1.3. Refrigeration
    • 10.2.1.4. Pharmaceutical
    • 10.2.1.5. Household & Industrial Cleaning
    • 10.2.1.6. Others
  • 10.2.2. By Country (Value/Volume)
    • 10.2.2.1. Brazil
      • 10.2.2.1.1. By Application (Value/Volume)
        • 10.2.2.1.1.1. Fertilizers
        • 10.2.2.1.1.2. Textile
        • 10.2.2.1.1.3. Refrigeration
        • 10.2.2.1.1.4. Pharmaceutical
        • 10.2.2.1.1.5. Household & Industrial Cleaning
        • 10.2.2.1.1.6. Others
    • 10.2.2.2. Rest of Latin America
      • 10.2.2.2.1. By Application (Value/Volume)
        • 10.2.2.2.1.1. Fertilizers
        • 10.2.2.2.1.2. Textile
        • 10.2.2.2.1.3. Refrigeration
        • 10.2.2.2.1.4. Pharmaceutical
        • 10.2.2.2.1.5. Household & Industrial Cleaning
        • 10.2.2.2.1.6. Others

11. Middle East & Africa Ammonia Market Analysis, Insights and Forecast, 2021-2034

• 11.1. Key Findings / Summary
• 11.2. Market Size Estimates and Forecast
  • 11.2.1. By Application (Value/Volume)
    • 11.2.1.1. Fertilizers
    • 11.2.1.2. Textile
    • 11.2.1.3. Refrigeration
    • 11.2.1.4. Pharmaceutical
    • 11.2.1.5. Household & Industrial Cleaning
    • 11.2.1.6. Others
  • 11.2.2. By Country (Value/Volume)
    • 11.2.2.1. Saudi Arabia
      • 11.2.2.1.1. By Application (Value/Volume)
        • 11.2.2.1.1.1. Fertilizers
        • 11.2.2.1.1.2. Textile
        • 11.2.2.1.1.3. Refrigeration
        • 11.2.2.1.1.4. Pharmaceutical
        • 11.2.2.1.1.5. Household & Industrial Cleaning
        • 11.2.2.1.1.6. Others
    • 11.2.2.2. South Africa
      • 11.2.2.2.1. By Application (Value/Volume)
        • 11.2.2.2.1.1. Fertilizers
        • 11.2.2.2.1.2. Textile
        • 11.2.2.2.1.3. Refrigeration
        • 11.2.2.2.1.4. Pharmaceutical
        • 11.2.2.2.1.5. Household & Industrial Cleaning
        • 11.2.2.2.1.6. Others
    • 11.2.2.3. Rest of Middle East & Africa
      • 11.2.2.3.1. By Application (Value/Volume)
        • 11.2.2.3.1.1. Fertilizers
        • 11.2.2.3.1.2. Textile
        • 11.2.2.3.1.3. Refrigeration
        • 11.2.2.3.1.4. Pharmaceutical
        • 11.2.2.3.1.5. Household & Industrial Cleaning
        • 11.2.2.3.1.6. Others

12. Competitive Analysis

• 12.1. Business Strategies Adopted by Leading Players
• 12.2. Global Ammonia Market Revenue Share/Ranking Analysis, By Key Manufacturer

13. Company Profiles

• 13.1. Yara International ASA (Oslo, Norway)
  • 13.1.1. Overview
  • 13.1.2. Description
  • 13.1.3. Product Portfolio
  • 13.1.4. Financials (As per Availability)
  • 13.1.5. Recent Developments
• 13.2. BASF Se (Ludwigshafen, Germany)
  • 13.2.1. Overview
  • 13.2.2. Description
  • 13.2.3. Product Portfolio
  • 13.2.4. Financials (As per Availability)
  • 13.2.5. Recent Developments
• 13.3. CF Industries Holdings, Inc. (Illinois, the U.S.)
  • 13.3.1. Overview
  • 13.3.2. Description
  • 13.3.3. Product Portfolio
  • 13.3.4. Financials (As per Availability)
  • 13.3.5. Recent Developments
• 13.4. Nutrien Ltd. (Saskatoon, Canada)
  • 13.4.1. Overview
  • 13.4.2. Description
  • 13.4.3. Product Portfolio
  • 13.4.4. Financials (As per Availability)
  • 13.4.5. Recent Developments
• 13.5. SABIC (Riyadh, Saudi Arabia)
  • 13.5.1. Overview
  • 13.5.2. Description
  • 13.5.3. Product Portfolio
  • 13.5.4. Financials (As per Availability)
  • 13.5.5. Recent Developments
• 13.6. Qatar Petroleum (Doha, Qatar)
  • 13.6.1. Overview
  • 13.6.2. Description
  • 13.6.3. Product Portfolio
  • 13.6.4. Financials (As per Availability)
  • 13.6.5. Recent Developments
• 13.7. EuroChem Group (Zug, Switzerland)
  • 13.7.1. Overview
  • 13.7.2. Description
  • 13.7.3. Product Portfolio
  • 13.7.4. Financials (As per Availability)
  • 13.7.5. Recent Developments
• 13.8. Koch Fertilizer, LLC (Kansas, the U.S.)
  • 13.8.1. Overview
  • 13.8.2. Description
  • 13.8.3. Product Portfolio
  • 13.8.4. Financials (As per Availability)
  • 13.8.5. Recent Developments
• 13.9. Praxair Technology, Inc. (Connecticut, the U.S.)
  • 13.9.1. Overview
  • 13.9.2. Description
  • 13.9.3. Product Portfolio
  • 13.9.4. Financials (As per Availability)
  • 13.9.5. Recent Developments
• 13.10. China National Petroleum Corporation (Beijing, China)
  • 13.10.1. Overview
  • 13.10.2. Description
  • 13.10.3. Product Portfolio
  • 13.10.4. Financials (As per Availability)
  • 13.10.5. Recent Developments
• 13.11. Rashtriya Chemicals and Fertilizers Limited (RCFL) (Mumbai, India)
  • 13.11.1. Overview
  • 13.11.2. Description
  • 13.11.3. Product Portfolio
  • 13.11.4. Financials (As per Availability)
  • 13.11.5. Recent Developments
• 13.12. Other Key Players
  • 13.12.1. Overview
  • 13.12.2. Description
  • 13.12.3. Product Portfolio
  • 13.12.4. Financials (As per Availability)
  • 13.12.5. Recent Developments

14. Appendix