Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company In response to fluctuating tariffs and geopolitical trade developments, the Calcium Ammonium Nitrate Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
The market size for calcium ammonium nitrate has seen stable growth in recent years. Its market growth is projected to increase from $3.15 billion in 2024 to $3.29 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%.
The Calcium Ammonium Nitrate market is forecasted to reach $4.13 billion in size by the year 2029, growing at a compound annual growth rate (CAGR) of 5.8%.
Download the Free Sample Now:The key Drivers in the calcium ammonium nitrate market are:
• Continuous growth and expansion of the agricultural sector
• High levels of investment in agriculture infrastructure
• Use of calcium ammonium nitrate as a source of nitrogen and calcium, promoting plant growth and improving soil structure
• An increase in crop yields due to the use of calcium ammonium nitrate
The calcium ammonium nitratemarket covered in this report is segmented –
1) By Type: Nitrogen Content 27%, Nitrogen Content 15.5%, Other Types
2) By Grade: Standard Grade Calcium Ammonium Nitrate, Granular Or Pelletized Calcium Ammonium Nitrate
3) By Form: Liquid, Solid
4) By Application: Inorganic Fertilizer, Concrete, Explosives, Ice Packs, Clear-Water Drilling, Additive, Other Applications
5) By End-Use Industry: Agriculture, Nurseries And Greenhouses, Turf Management And Landscaping
The key trends in the calcium ammonium nitrate market are:
• The trend towards sustainable, low-carbon fertilizers in the calcium ammonium nitrate market is on the rise.
• The development of innovative nitrogen-based fertilizers is a key evolving trend in the market.
• Companies are adopting production methods using blue or green ammonia to reduce carbon emissions.
• Transparency on the environmental impact and costs of producing low-carbon CAN has been increasingly prioritized.
The key players in the calcium ammonium nitrate market are:
• Koch Industries Inc.
• BASF SE
• Nutrien Ltd.
• Sinochem
• Yara International ASA
• Sumitomo Chemical Co. Ltd.
• Mosaic Company
• ICL Group Ltd.
• Yunnan Yuntianhua Co. Ltd.
• EuroChem Group AG
• K+S AG
• Hubei Xingfa Chemicals Group Co. Ltd.
• Coromandel International Limited
• Borealis AG
• Acron Group
• China BlueChemical Ltd.
• Saudi Arabian Fertilizer Company
• Gujarat State Fertilizers & Chemicals Limited
• Deepak Fertilisers and Petrochemicals Corporation Limited
• Uralchem Group
• Qatar Fertiliser Company
• Indian Farmers Fertiliser Cooperative Limited
• Achema AB
• Wentong Potassium Salt Group Co. Ltd.
Asia-Pacific was the largest region in the calcium ammonium nitrate market in 2024