Global research report called Ammonia Market was recently published by Reports and Data to provide guidance for business.
The global Ammonia Market is forecast to reach USD 90.88 Billion by 2027, according to a new report by Reports and Data. Ammonia is a compound of hydrogen and nitrogen. It is a colorless gas with a pungent smell. It is used in the manufacture of several industrial chemicals. The product is used in the manufacture of urea, ammonium sulfate, and ammonium phosphates.
It is a crucial feedstock ingredient used to produce nitric acid, which is an important precursor for specialty organic chemicals. An increase in the focus on energy consumption systems is anticipated to increase the usage of products as a refrigerant to provide safe, sustainable, and energy-saving refrigeration. Ammonia has a zero Ozone Depletion Potential (ODP) and Global Warming Potential (GWP). The product has better transfer properties as compared to another chemical refrigerant.
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Leading Market Competitors:
BASF SE, SABIC, CF Industries Holdings, Inc., Huaqiang Chem Group, PotashCorp, Rashtriya Chemicals & Fertilizers Ltd., China National Petroleum Corporation, China Petroleum & Chemical Corporation, Shanxi Jinfeng Coal Chem, and Qatar Fertilizer Company, among others.
The Alumina market research report highlights the major regional markets including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It elaborates on various aspects these regional markets, such as shifting consumer tastes & preferences, fluctuations in supply & demand, changing production & consumption patterns, and revenue growth rate of each market. In addition, the report analyzes the current position of each player in the Alumina market leveraging various analytical tools such as Porter’s Five Forces analysis, SWOT analysis, and Capacity Utilization analysis.
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Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Liquid
- Gas
- Powder
Distribution Channel Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Online
- Offline
Industry Verticals Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Agriculture
- Mining
- Textiles
- Refrigeration
- Pharmaceutical
- Others
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Key Questions Addressed in the Report:
- The global Ammonia market study offers an in-depth analysis of the constantly changing market aspects such as market trends, production and consumption ratios, and revenue growth rates.
- The report offers a seven-year assessment of the global Ammonia market, highlighting the key market dynamics such as drivers, restraints, trends, and opportunities.
- It throws light on the major product and application segments of the market.
- It offers a comprehensive regional analysis of the global Ammonia market.
- The report’s competitive section includes the business profiles of the leading industry manufacturers and stakeholders.
- It therefore helps readers make informed business decisions through its valuable market insights and in-depth analysis of the key segments.
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