The global ammonium nitrate market exceeded the value of USD 16 billion and is estimated to reach USD 24 billion by 2026. This report on the Ammonium Nitrate market accounts for all the critical aspects of the sector such as the size, share, demand, CAGR, gross profits, earnings, and revenue to evaluate the rise of the industry in the future. It assesses the data gathered from the past years 2016 and 2017 to give an extensive view of the trends and predicts the possible rise of the industry during the years 2019 to 2026 while considering 2018 as the base year.

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Key Factors Driving the Global Materials & Chemicals Market Growth

The global materials & chemicals market revenue is primarily attributed to factors such as growth are fast-paced industrialization globally, rising demand for raw materials and chemicals in the buildings & construction, food & beverage, pharmaceutical, agriculture, textile, and pulp & paper industries, and increasing demand for essential consumer goods including packaged foods & beverages, household hygiene products, and personal care products & cosmetics. Increasing industrial applications of specialty chemicals, surge in demand for high-performance, organic agrochemicals, growing environmental awareness among consumers, growing need for eco-friendly and sustainable raw materials & chemicals, and increasing government investments in the materials & chemicals industry are other factors driving revenue growth of this market.

Key players in the global Ammonium Nitrate market:

  • EuroChem Group AG
  • CF Industries
  • Orica
  • Austin Powder Company
  • Enaex
  • Incitec Pivot limited
  • Neochim Plc
  • URALCHEM
  • Abu QIR Fertilizers and Chemicals Industries Company
  • Yara International
  • Ostchem Holding
  • Vijay Gas Industry
  • Fertiberia

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Market segment based on Product:

  • High Density
  • Low Density

Market segment based on Application:

  • Fertilizers
  • Explosives
  • Others

Frequently Asked Questions Addressed in the Report:

  • What is the estimated market revenue growth over the forecast period?
  • What are the major factors driving the global Ammonium Nitrate market revenue growth?
  • Which regional market is expected to account for the largest revenue share in the global Ammonium Nitrate market over the forecast years?
  • Which are the leading players in the global Ammonium Nitrate market?
  • What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?

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