Press release

Ammonia Market: How will COVID-19 Affects Chemical Industry?

Ammonia Market: How will COVID-19 Affects Chemical Industry?

 

 
The Global Ammonia Market will derive growth from the widespread product applications. According to a report by Fortune Business Insights(TM), titled "Ammonia Market Size, Share, Growth & Industry Analysis, By Type (Liquid, Gas, Powder), By End-Use Industry (Agriculture, Refrigeration, Pharmaceutical, Textiles, Mining, Others) and Regional Forecast, 2019-2026," the market will benefit from the increasing investment in product R&D.

List of the leading companies that are operating in the Ammonia Market are:

o BASF SE
o Qatar Fertiliser Company
o SABIC
o EuroChem
o Yara International
o Koch Fertilizer
o CF Industries
o Jiangsu Huachang Chemical
o Orica
o BASF
o Incitec Pivot
o Linde Group
o China National Petroleum Corporation
o Trammo
o Haldor Topsoe
o OCI Nitrogen
o Dow Chemical
o Achema
o Praxair
o Mitsubishi Gas Chemical
o Potash Corp
o Haifa Chemicals
o Group DF
o Agrium
o Togliattiazot
o CSBP

Request a Sample Copy of the Ammonia Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ammonia-market-101716

Ammonia Market Overview

Ammonia is a chemical found in trace quantities in nature, being produced from nitrogenous animal and vegetable matter. Ammonia and ammonium salts are also found in small quantities in rainwater, whereas ammonium chloride (sal ammoniac), and ammonium sulfate are found in volcanic districts; crystals of ammonium bicarbonate have been found in Ronak guano. The kidneys secrete ammonia to neutralize excess acid. Ammonium salts are found distributed through fertile soil and in seawater.

Ammonia is a colourless and pungent smelling gas that is formed through a combination of hydrogen and nitrogen. The substance is used for numerous applications across diverse industries. Ammonia can either be extracted naturally from plants and animal produce or can be derived synthetically with the help of several chemicals and substances. Ammonia is used in various purposes for refrigeration, metallurgy, and production of synthetic fibres. Ammonia finds applications in the agricultural industry.

The report provides a detailed analysis of the ammonia market. It analyzes several aspects of the market, with primary focus on growth drivers, leading products, and a few growth restraints. Factual figures have been evaluated for the base year, historic period, and the coming years. Analytical data is extracted through extensive research methods, including a combination of top-down, bottom-up approaches, and a combination of primary as well as secondary research methods.

The data provided in this report is gathered through opinions of world leaders. Market predictions have been made through a combination of prolonged research methods and interviews of experience market research professional. The competitive landscape has been discussed in detail. Additionally, the report discusses ongoing market trends and highlights leading elements that have made a positive impact on the global market value.

It is used in soil fertilizers for enhancing agricultural produce. The growing demand for ammonia has created a huge emphasis on the development of newer products, with ammonia at the core of these ingredients. The increasing emphasis on the research and development of newer products will have a direct impact on the growth of the market in the forthcoming years.

Gain More Insights into the Ammonia Market Research Report: https://www.fortunebusinessinsights.com/industry-reports/ammonia-market-101716

Key Industry Developments:

October 2018: Qatar Fertilizer Company and Agro and Yara International reached an agreement for setting up greenhouse technologies test facilities across Qatar.

April 2017: Haifa Group opened a new subsidiary in Colombia to suffice the increasing plant nutrient solution needs in the country.

This Research Report Provides Features Like;

Discover regional market opportunities and trends
Identify emerging market demand & dynamics
Market intelligence with quality and accuracy
Deliverable formats like PDF, PPT, cloud, etc
Benchmark against competitors & global industry
Explore competitive strategy & market share
Asia Pacific to Witness Highest Growth Driven by Massive Use of Ammonia-based Fertilizers

The market is segmented on the basis of regional demographics into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

The increasing use of ammonia in production of fertilizers by major companies across the Asia Pacific will contribute to the growth of the regional market. China is one of the major producers of ammonia fertilizers. Besides China, countries such as India and Japan will aid the growth of the market in this region.

Increasing Number of Ammonia-derived Fertilizer to Aid Ammonia Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. The growing efforts on product R&D, resulting from the benefits of ammonia on the overall crop produce have contributed to the growth of the market. In June 2019, Eurochem opened a new ammonia production plant in Russia.

The company invested over USD 1 billion, with an aim of delivering efficient fertilizers to customers across the world. The increasing demand for this product will lead to the initiation of newer fertilization plants in the coming years.

To Get Your Customized Research Report On Ammonia Market: https://www.fortunebusinessinsights.com/enquiry/customization/ammonia-market-101716

Contact Us:

Fortune Business Insights(TM) Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

Fortune Business Insights(TM)

About us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


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