Ammonia Market Report 2026

Ammonia Market Overview

• Ammonia market size has reached to $85 billion in 2025 • Expected to grow to $119.52 billion in 2030 at a compound annual growth rate (CAGR) of 7% • Growth Driver: Growing Fertilizer Industry Boosts Demand For Ammonia As Essential Nutrient For Plant Growth • Market Trend: Advancements In Biomass-Balanced Ammonia Products For Sustainable Agriculture • Asia-pacific was the largest region in 2025 and Europe is the fastest growing region.

What Is Covered Under Ammonia Market?

Ammonia refers to a colorless gas composed of hydrogen and nitrogen. It is the simplest stable compound and is used to make a variety of commercially relevant compounds. It is also used as a refrigerant gas, for the purification of water supplies, and in the manufacture of plastics, explosives, textiles, pesticides, dyes, and other chemicals. Ammonia is used as fertilizer in the agricultural industry. The main types of products in the ammonia market are anhydrous ammonia and aqueous ammonia. Anhydrous ammonia is composed of a gas substance and does not contain water. It is a cost-effective and commonly used nitrogen fertilizer, simple to implement and easily available to producers. The different forms include liquid, gas, and powder that are used in fertilizers, chemicals, refrigeration, pharmaceuticals, fibers and plastics, pulp and paper, and other applications.

What Is The Ammonia Market Growth Forecast?

The ammonia market size is expected to see strong growth in the next few years. It will grow to $119.52 billion in 2030 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increasing investments in green hydrogen integration, rising demand for low-carbon fertilizers, expansion of ammonia-based energy applications, growing focus on sustainable chemical production, increasing adoption in emerging industrial economies. Major trends in the forecast period include increasing adoption of green and blue ammonia production, rising demand from fertilizer manufacturing, growing use in industrial refrigeration systems, expansion of ammonia as an energy carrier, enhanced focus on low-emission production processes.

Global Ammonia Market Segmentation

1) By Product Type: Anhydrous Ammonia, Aqueous Ammonia 2) By Form Type: Liquid, Gas 3) By Application Type: Fertilizers, Chemicals, Refrigeration, Pharmaceutical, Fibers and Plastics, Pulp and Papers, Other Application Types Subsegments: 1) By Anhydrous Ammonia: Industrial Grade Anhydrous Ammonia, Agricultural Grade Anhydrous Ammonia 2) By Aqueous Ammonia: Low-Concentration Aqueous Ammonia, High-Concentration Aqueous Ammonia

What Is The Driver Of The Ammonia Market?

The growth of the fertilizer industry is contributing to the growth of the ammonia market. Ammonia is used as ammonium nitrate fertilizer, which releases nitrogen, an essential nutrient for growing plants, including farm crops and lawns. The rapid growth in fertilizer industry is expected to boost utilization of ammonia as it is widely used in manufacturing of fertilizers. For instance, in September 2024, according to The Agricultural Industries Confederation, a UK-based trade association representing the agri-supply industry, in England & Wales, 687 thousand tonnes of nitrogen were used in 2022. up from 692 thousand tonnes of nitrogen in 2023. Therefore, the growth of the fertilizer industry is driving the growth of the ammonia industry.

What Is The Driver Of The Ammonia Market?

The growth of the fertilizer industry is contributing to the growth of the ammonia market. Ammonia is used as ammonium nitrate fertilizer, which releases nitrogen, an essential nutrient for growing plants, including farm crops and lawns. The rapid growth in fertilizer industry is expected to boost utilization of ammonia as it is widely used in manufacturing of fertilizers. For instance, in September 2024, according to The Agricultural Industries Confederation, a UK-based trade association representing the agri-supply industry, in England & Wales, 687 thousand tonnes of nitrogen were used in 2022. up from 692 thousand tonnes of nitrogen in 2023. Therefore, the growth of the fertilizer industry is driving the growth of the ammonia industry.

Global Ammonia Market Trends and Insights

Major companies operating in the ammonia market are focused on developing advanced biomass-balanced products to meet the growing demand for environmentally friendly agricultural solutions. Biomass-balanced products serve as fertilizers and chemicals, offering a more sustainable option compared to traditional methods. They frequently carry certifications that highlight their eco-friendly attributes, assisting consumers and businesses in making informed decisions that promote a circular economy. For instance, in May 2024, BASF SE, a Germany-based chemical company, launched ammonia anhydrous BMBcert, ammonia solution 24.5% BMBcert, urea powder BMBcert, urea solution 40% BMBcert, and urea solution 45% BMBcert. BASF's Ammonia Anhydrous BMBcert is an ISCC PLUS-certified biomass-balanced product that significantly reduces emissions and supports sustainability efforts. The ammonia solution 24.5% BMBcert offers a lower carbon footprint with its biomass-balanced formulation. Urea Prills BMBcert helps customers minimize scope 3 emissions, while Urea Solutions (40% and 45%) provide effective biomass-balanced options to aid in achieving sustainability goals and reducing overall carbon impact.

What Are Latest Mergers And Acquisitions In The Ammonia Market?

In September 2023, EnBW, a German-based energy company, acquired a 10% equity stake in the Skipavika Green Ammonia (SkiGA) ammonia project for an undisclosed amounyt. Through this acquisition, EnBW will have long-term offtake rights on the ammonia produced. The Skipavika Green Ammonia (SkiGA) ammonia project is a Norway-based sustainable and environmentally friendly initiative that aims to produce ammonia using green and renewable resources.

Regional Insights

Asia-pacific was the largest region in the ammonia market in 2025 and is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Ammonia Market?

The ammonia market consists of sales of ammonia in the form of liquid, gas and powder. 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 Market Report 2026?

The ammonia 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 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.