Ammonia Gas And Ammonia Water Market Report 2026

Ammonia Gas And Ammonia Water Market Overview

• Ammonia Gas And Ammonia Water market size has reached to $78.4 billion in 2025 • Expected to grow to $108.81 billion in 2030 at a compound annual growth rate (CAGR) of 6.7% • Growth Driver: Surge In Demand For Nitrogen-based Fertilizers In Agriculture Fueling The Growth Of The Market Due To Rising Global Food Production Requirements • Market Trend: Innovations In Renewable Hydrogen Technology Enhance Sustainable Ammonia Production • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Ammonia Gas And Ammonia Water Market?

Ammonia gas (NH₃) is a colorless, pungent gas composed of nitrogen and hydrogen that serves as a key raw material in fertilizer production, refrigeration, chemical manufacturing, and emission control systems. Ammonia water, also known as aqueous ammonia or ammonium hydroxide, is a solution of ammonia gas dissolved in water and is widely used as a cleaning agent, pH regulator, chemical intermediate, and reagent in water treatment, pharmaceuticals, and various industrial manufacturing processes. The main types of ammonia gas and ammonia water include ammonia gas anhydrous and ammonia water aqueous. Ammonia gas anhydrous refers to pure ammonia in gaseous or liquefied form without water content, widely used as a nitrogen source and industrial feedstock in manufacturing, refrigeration, and chemical processing. These products find application in fertilizers, industrial synthesis, refrigeration, power generation, metal treatment, nitrogen oxides reduction, and others, serving end use industries including agriculture, chemical industry, pharmaceutical industry, food and beverage industry, mining industry, and water treatment industry.

What Is The Ammonia Gas And Ammonia Water Market Growth Forecast?

The ammonia gas and ammonia water market size is expected to see strong growth in the next few years. It will grow to $108.81 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growing adoption of green ammonia solutions, increasing demand for ammonia in hydrogen economy, rising investments in sustainable chemical production, expansion of emission reduction initiatives, increasing demand for high purity ammonia in advanced industries. Major trends in the forecast period include increasing adoption of green ammonia production technologies, rising integration of digital monitoring systems in ammonia facilities, growing focus on sustainable ammonia supply chains, expansion of automated chemical manufacturing processes, increasing deployment of advanced emission control solutions.

What Is The Driver Of The Ammonia Gas And Ammonia Water Market?

The increasing demand for nitrogen-based fertilizers in agriculture is expected to propel the growth of the ammonia gas and ammonia water market going forward. Nitrogen-based fertilizers are agricultural inputs that supply essential nitrogen nutrients required for plant growth and improved crop yields. The rise in demand for nitrogen-based fertilizers in agriculture is driven by the need to increase crop productivity to meet growing food demand from an expanding population. Ammonia gas and ammonia water support the rise of nitrogen-based fertilizers in agriculture by serving as key raw materials for fertilizer production and providing readily available nitrogen for agricultural applications. For instance, in July 2025, according to the Food and Agriculture Organization, an Italy-based UN agency, nitrogen fertilizer use increased by 32%, reaching 112 million tonnes (Mt) in 2023. Therefore, the increasing global demand for nitrogen-based fertilizers in agriculture is driving the growth of the ammonia gas and ammonia water industry.

Key Players In The Global Ammonia Gas And Ammonia Water Market

Major companies operating in the ammonia gas and ammonia water market are Air Liquide S.A., Air Products and Chemicals Inc., Asahi Kasei Corporation, BASF SE, CF Industries Holdings Inc., China Petroleum & Chemical Corporation, EuroChem Group AG, Hubei Yihua Chemical Industry Co. Ltd., Jiangsu Huachang Chemical Co. Ltd., Kanto Chemical Co. Inc., Koch Fertilizer LLC, Linde plc, Malanadu Ammonia Pvt. Ltd., Messer SE & Co. KGaA, Mitsubishi Chemical Group Corporation, Mitsubishi Gas Chemical Company Inc., Mitsui Chemicals Inc., Nutrien Ltd., Orica Limited, Saudi Basic Industries Corporation, Shandong Hualu Hengsheng Chemical Co. Ltd., Sumitomo Chemical Co. Ltd., Tessenderlo Group NV, The Mosaic Company

Global Ammonia Gas And Ammonia Water Market Trends and Insights

Major companies operating in the ammonia gas and ammonia water market are focusing on renewable ammonia production solutions, such as renewable hydrogen-based ammonia manufacturing, to reduce carbon emissions, improve sustainability, and support the transition toward low-carbon fertilizer production. Renewable hydrogen-based ammonia manufacturing utilizes hydrogen generated from renewable electricity through water electrolysis instead of fossil fuel-derived hydrogen, enabling the manufacture of low-emission ammonia for agricultural and industrial applications. For instance, in June 2024, Yara International ASA, a Norway-based fertilizer and chemical company, officially opened its renewable hydrogen plant at Herøya, Norway, enabling the production of renewable hydrogen and ammonia. The facility produces renewable ammonia for manufacturing low-carbon fertilizers by integrating water electrolysis powered by renewable energy into the ammonia production process. It is replacing conventional fossil-based hydrogen with renewable hydrogen. The plant significantly reduces greenhouse gas emissions while supporting sustainable ammonia production and advancing the decarbonization of the fertilizer industry.

What Are Latest Mergers And Acquisitions In The Ammonia Gas And Ammonia Water Market?

In October 2024, Woodside Energy Group Ltd., an Australia-based energy company, acquired OCI Clean Ammonia Holding B.V. for an undisclosed amount. Through this acquisition, Woodside Energy aims to establish an early-mover position in the growing lower-carbon ammonia sector and expand its portfolio of lower-carbon energy products. OCI Clean Ammonia Holding B.V. is a Netherlands-based clean ammonia company, developed the Beaumont project, an ammonia production facility designed to incorporate auto-thermal reforming and carbon capture technology to produce lower-carbon ammonia.

What Defines the Ammonia Gas And Ammonia Water Market?

The ammonia gas and ammonia water market consists of sales of ammonia bulk tanks, ammonia transfer hoses, ammonia valves, and ammonia pressure regulators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Ammonia Gas And Ammonia Water Market Report 2026?

The ammonia gas and ammonia water market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the ammonia gas and ammonia water industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.