Aqua Ammonia Market - Growth, Trends And Forecast (2020 - 2027) By Types, By Application, By Regions and By Key Players - Yara, CF, Shandong Everlast AC Chemical, Hangzhou Hengmao Chemical

Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global Submarine Battery Market size is projected to accrue voluminously by 2026 registering a phenomenal CAGR of 1.7% during the review period (2022 to 2027).

Aqua Ammonia Market Overview

The Aqua ammonia market reached a value of US$ 5,330 Million in 2021. Looking forward, IMARC Group imagines the market to reach US$ 5,670 Million by 2027, exhibiting a CAGR of about 1.7% during 2022-2027. These insights are comprised in the report as a major market contributor.

Ammonia is an mineral, colorless compound with an unpleasant pungent odour. The gassy form of ammonia is crushed into liquid form, which liquifies in water to form ammonium hydrated oxide and is elated in steel tubes. Ammonia is typically used in the industrial of ammonium nitrate fertilizers, which discharge nitrogen in the soil to promote growth in farm crops and plants. It is also used in the manufacture of plastics, textiles, explosives, coloring agents, household cleaning products and pesticides. Ammonia can absorb heat from its environs and can filter and purify layers from liquid mediums. As a result, it is widely used as a refrigerant in heating, airing and air training (HVAC) systems and as a releasing agent in water action plants.

Industry News and Updates:

• Yara curtails ammonia production due to increased natural gas prices

Oslo, 17 September 2021: Record high natural gas prices in Europe are impacting ammonia production margins, and as a result Yara is curtailing production at a number of its plants. Including optimization of on-going maintenance, Yara will by next week have curtailed around 40% of its European ammonia production capacity.

• Lonza Completes Acquisition of Capsugel to Create Leading Integrated Solutions Provider to the Global Pharma and Consumer Healthcare Industries

Basel, Switzerland, 6 July 2017 – Lonza announced today that following the receipt of all required regulatory approvals, it has completed the acquisition of Capsugel S.A. (“Capsugel”) from KKR for USD 5.5 billion in cash, including refinancing of existing Capsugel debt of approximately USD 2 billion. The acquisition of Capsugel, a world leader in advanced oral dosage delivery technologies with a leading position in hard capsules, is expected to be accretive to Lonza’s core earnings per share in the first full year post closing

Who are the Major Players in Aqua Ammonia Market?

Top Key players in the Aqua Ammonia Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Aqua Ammonia Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Yara, CF, Shandong Everlast AC Chemical, Hangzhou Hengmao Chemical, DowDuPont, GAC, Malanadu Ammonia, KMG Chemicals, Lonza, FCI, Thatcher Group, Weifang Haoyuan, Hainan Zhonghairan and others.

What are the major Applications, Types and Regions for Aqua Ammonia Market?

Aqua Ammonia Market is segmented based on the type, applications, companies and regions.

By Type, Aqua Ammonia Market has been segmented into 

• Industrial Grade Aqua Ammonia


• Electronic Grade Aqua Ammonia


• Pharma Grade Aqua Ammonia

By Application, Aqua Ammonia Market has been segmented into

• Agriculture Industry


• Rubber Industry


• Leather Industry


• Pharmaceutical Industry


• Pulp and Paper Industry


• Others

Regional Analysis of Aqua Ammonia Market:

Asia-Pacific subject the market with China land the largest market share of about 35%. Asia-Pacific was shadowed by North America, and Europe, both having a share of about 35 percent. The market in Europe may witness a significant growth rate in the approaching years. In Europe, NH3 making is mainly based on natural gas manufacture, as a key raw physical and steam methane reforming (SMR) as the major technology The U.S. held the highest share in the North America market in 2020 due to growth in the agriculture industry. Latin American financial growth, ample supply of natural gas, demand for fertilizers, and developments in substructure helped to draw care from many likely compost savers.

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• Asia-Pacific
  
  
  
  • China
  
  
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  • India
  
  
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•       Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

Key Takeaways from this Aqua Ammonia Report

• Evaluate Aqua Ammonia market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Aqua Ammonia market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Frequently Asked Question -

 What key factors are driving the market?

The rise in compost ingesting and improved agrarian making are likely to drive the growth of the market.

 What CAGR is the market projected to grow during the forecast period (2020-2027)?

Growing at a CAGR of 1.7%, the market will exhibit steady growth during the forecast period (2020-2027).

Which region held the highest share in the market?

Asia Pacific subject the market share in 2021.

Who are the major players in this market?

Yara International, BASF SE, CF Industries Holdings, Inc., SABIC, and Nutrien Ltd. are the major players in the global market.