세계의 질산암모늄 시장 수요, 예측 분석(2018-2034년)

The global ammonium nitrate market plays a critical role in supporting multiple industries, especially agriculture and mining. As a chemical compound primarily used as a nitrogen fertilizer and as a key ingredient in explosives, ammonium nitrate has seen sustained demand globally. Its strong nitrogen content makes it an effective source of nourishment for crops, while its oxidizing properties make it valuable in the production of explosives used in mining, construction, and quarrying. The market is shaped by the seasonal patterns of agricultural activities, regulatory pressures concerning its safety and handling, and the pace of industrial development in emerging economies.

Ammonium Nitrate Demand by Application

Fertilizers represent the largest application of ammonium nitrate, accounting for a major portion of the global consumption. This segment is driven by the ongoing need to increase crop yields, especially in regions with growing populations and limited arable land. Ammonium nitrate-based fertilizers are valued for their efficiency and cost-effectiveness in delivering nitrogen to the soil. Explosives form the second-largest application, with demand supported by activities in mining, construction, and infrastructure development. In particular, ammonium nitrate fuel oil (ANFO) remains a widely used explosive in quarrying and surface mining. Other applications include its use in the synthesis of nitrous oxide and other chemicals, though these account for a relatively smaller share. From an end-use industry perspective, agriculture remains the dominant sector, followed by chemical processing and industries involved in infrastructure and mining.

Regional Demand Analysis

The Asia-Pacific region leads the global ammonium nitrate market in terms of consumption, driven by its large agricultural base and rapid industrial development. Countries such as China, India, and Indonesia contribute significantly to the fertilizer segment, while Australia and Southeast Asian nations drive demand in mining and quarrying. Europe follows closely, particularly Eastern European countries where ammonium nitrate remains a widely accepted fertilizer. However, stringent regulations regarding its storage and handling due to safety concerns have somewhat restrained growth in Western Europe. North America, led by the United States and Canada, is a mature market with stable demand from both agricultural and industrial sectors. Latin America, especially Brazil and Argentina, is witnessing rising consumption due to expansion in agribusiness. The Middle East and Africa also present long-term potential, supported by growing agriculture in Africa and mining in parts of the Middle East.

Key Manufacturers

The global ammonium nitrate market features a mix of multinational corporations and regional producers. Yara International ASA is among the most prominent players, with strong global distribution and an established reputation in nitrogen-based fertilizers. Incitec Pivot Ltd. is a major supplier in the Asia-Pacific region, particularly in Australia. Enaex and Austin Powder are known for their focus on explosives, serving the mining and quarrying industries. EuroChem Group AG, Uralchem JSC, and Neochim PLC are significant producers in Europe and the Commonwealth of Independent States (CIS) countries. CF Industries Holdings, Inc. is a leading manufacturer in North America, while Ostchem Holding represents a cluster of companies active in Eastern Europe. Other notable players include Vijay Gas Industry, San Corporation, and Abu Qir Fertilizers & Chemical Company. These companies differ in their specialization, some focusing on fertilizer-grade ammonium nitrate while others serve the explosives segment.

Market Driver: Increasing Agricultural Demand

One of the key drivers of the ammonium nitrate market is the global push for increased agricultural productivity in response to the accelerating population growth and diminishing availability of cultivable land. With the world's population projected to reach nearly 10 billion by 2050, there is intensifying pressure to produce more food using fewer resources. Ammonium nitrate plays a crucial role in this effort by providing a highly efficient and immediately available source of nitrogen an essential nutrient for plant development. It is particularly effective in supporting the growth of high demand crops such as wheat, maize, and barley, which form the staple diet in many parts of the world.

Its high solubility in water ensures rapid nitrogen absorption by plants, facilitating quicker growth and higher crop yields. This characteristic is particularly advantageous in regions practicing intensive farming, where multiple crop cycles are grown in a year and rapid nutrient replenishment is essential. Moreover, ammonium nitrate performs well in cooler climates, where soil microbial activity is reduced, giving it an edge over alternatives like urea that require microbial conversion to become plant available.

Another critical factor is the increasing adoption of modern agricultural techniques such as precision farming, fertigation, and controlled nutrient management, which rely on fast-acting fertilizers. Ammonium nitrate fits well into these systems, providing flexibility and high efficacy in nutrient application strategies. Its compatibility with various irrigation systems and its ability to be easily blended or coated with other nutrients further enhance its utility in advanced crop nutrition solutions.

Market Restraint: Stringent Regulations and Safety Concerns Limit Ammonium Nitrate Adoption

A major restraint in the ammonium nitrate market is its classification as a hazardous material due to its potential use in explosives and history of accidental detonations. Several high-profile industrial incidents have led to increased global scrutiny, resulting in stringent regulations governing its production, transportation, storage, and usage. In many regions, especially in Europe and North America, compliance with these safety standards has raised operational costs and logistical complexities for manufacturers and distributors. Additionally, some countries have imposed partial or complete bans on ammonium nitrate use in certain sectors, particularly in explosives, due to national security concerns. Public perception has also been affected, leading to reduced acceptance in sensitive areas.

Table of Contents

1. Introduction

• Scope
• Market Coverage
  • Applications
  • Regions
  • Countries
• Years Considered
  • Historical - 2018 - 2023
  • Base - 2024
  • Forecast Period - 2025 - 2034
• Research Methodology
  • Approach
  • Research Methodology
  • Prismane Consulting Market Models
  • Assumptions & Limitations
  • Abbreviations & Definitions
  • Conversion Factors
  • Data Sources

2. Market Synopsis

• Market Evolution
• Demand-Supply Overview
• Industry Structure
• Strategic Issues
• End-use Trends
• Growth Forecast

3. Economic & Energy Outlook

• GDP and Demographics
• Monetary & Fiscal Policies
• Crude Oil Production and prices
• Natural Gas
• Electricity Prices

4. End-use Sector Performance

• Agriculture
• Chemical
• Others

5. Capacity (Plants & Projects) Analysis

• Capacity, by Company
• Capacity, by Country and by region
• Capacity Overview, By Region and Country

6. Introduction to Ammonium Nitrate and Market Overview

• Product Description
• Grades & Properties
• Raw Material
• Manufacturing Process
• Environmental Issues
• Value Chain
• Applications

7. Market Dynamics and Industry Trends

• Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Challenges

8. Global Ammonium Nitrate Demand-Supply Analysis, By Applications (Volume, Value) (2018-2034)

• Strategic Issues
• Demand-Supply Analysis and Forecast (2018- 2034)
  • Capacity
  • Capacity Utilization (%)
  • Production
  • Imports
  • Exports
  • Net Trade
  • Demand
  • Demand Growth Rate (%)
  • Driving Force Analysis
  • Global Ammonium Nitrate Market, By Applications
• Fertilizers
• Explosives
• Nitrous Oxide
• Others

9. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2018- 2034)

• Strategic Issues
• Capacity
• Capacity Utilization (%)
• Production
• Imports
• Exports
• Net Exports
• Demand
• Demand Growth Rate (%)
• Ammonium Nitrate Market, By Applications

Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by applications has been provided for each of the countries/regions in Volume (Kilo tons) and Value (USD Million).

• North America
• USA
• Canada
• Mexico
• Western Europe
• Germany
• France
• Italy
• United Kingdom
• Spain
• Rest of Western Europe
• Central & Eastern Europe
• Russia
• Poland
• Rest of Central & Eastern Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Rest of Asia-Pacific
• Central & South America
• Middle East & Africa

Note: CAGR will be calculated for all applications to arrive at the regional / global Demand-Supply growth for the forecast period (2025 - 2034)

10. Pricing Analysis

• Average Ammonium Nitrate Prices, USD/Kg
• Average prices, by region
• Price Forecast

11. Key Strategic Issues

12. Business Opportunity Assessment

• Market Attractiveness Assessment
• Prospective & Target Market Study

13. Strategic Recommendation & Suggestions

14. Company Analysis

• Ammonium Nitrate Manufacturers Profiles/ Company Analysis
  • Basic Details
  • Headquarter, Key Markets
  • Ownership
  • Company Financial
  • Manufacturing Bases
  • Global Turnover
  • Total Employee
  • Product Portfolio / Services / Solutions
  • Key Business Strategies adopted and Prismane Consulting Overview
  • Recent Developments
  • Companies Covered -
• Yara International ASA
• Incitec Pivot Ltd.
• Enaex
• EuroChem Group AG
• Neochim PLC
• Uralchem JSC
• Autin Powder
• CF Industries Holdings. Inc.
• San Corporation
• Vijay Gas Industry
• Ostchem Holding
• Abu Qir Fertilizers & Chemical Company
• Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

15. Appendices

• Demand-Supply - Regions
• Demand-Supply - Countries
• Capacities, 2018-2034