Ammonium Nitrate Market Research Report 2019: Global Drivers, Restraints, Region & Dealers forecast Till 2024

(The Express Wire via Comtex)

Ammonium Nitrate Market share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Ammonium Nitrate Market”have been analysed by recent trends and developments during forecast period 2019-2024. A segmentation of the Global Ammonium Nitrate market has been done for the purpose of a detailed study. The market is segmented on the basis of key principles. Data on the foremost and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary andsecondary research methodologies for its analysis.

Following Companies Are Covered by Ammonium Nitrate Market

  • CF Industries
  • Croda international
  • Elementis
  • Enaex
  • Euro chem
  • Jhonson Matthey
  • KRONOS Worldwide, Inc.
  • Maxam
  • Orica
  • Sasol
  • Scapa
  • Synthomer
  • TAYCA Corporation
  • The Chemours Company
  • The Kish Company, Inc.
  • Treatt PLC
  • Tronox Limited
  • Venator Materials PLC (Huntsman International)
  • Victrex
  • Yara

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Market Overview:

  • The market for ammonium nitrate is expected to grow at a CAGR of over 4% during the forecast period 2019 2024. Major factors driving the market studied are the growing demand from the agriculture industry. Increase in regulations due to potential misuse is expected to hinder the growth of the market studied.
  • - Agricultural industry dominated the market in 2018 and is expected to grow during the forecast period owing to the increasing agriculture activities across the world.
  • - Research in smart explosives likely to act as an opportunity in the future.
  • - North America dominated the market across the globe with the largest consumption of Ammonium Nitrate from countries such as the United States and Canada.greater than

Scope of the Report:

  • This report studies the global Ammonium Nitrate market size, industry status and forecast, competition landscape and growth opportunity.

Key questions answered in the report include:

  • What will the market growth rate of market in 2024?
  • What are the key factors driving the global Ammonium Nitrate market?
  • Who are the key manufacturers in market space?
  • What are the market opportunities, market risk and market overview of the market?
  • What are sales, revenue, and price analysis of top manufacturers of Ammonium Nitrate market?
  • Who are the distributors, traders and dealers of market?
  • What are the Ammonium Nitrate market opportunities and threats faced by the vendors in the global Ammonium Nitrate market?
  • What are sales, revenue, and price analysis by types and applications of Ammonium Nitrate market?
  • What are sales, revenue, and price analysis by regions of market?

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Key Market Trends:

Agriculture Segment Accounted for Major Share of the Ammonium Nitrate Market

- In the agricultural industry, fertilizers are used to enrich the growth of plants. They contain essential nutrients for plants, which provide healthy growth and keep them disease free. There are various types of fertilizers that are available in soluble, dry crystalline, and time-release forms. Ammonium nitrate is one such fertilizer that is used for providing adequate levels of nitrogen to plants.
- It is a high-nitrogen fertilizer and is used as an oxidizing agent. Ammonium nitrate (NH4NO3) is made by combining ammonia with nitric acid.
- Upon application of ammonium nitrate fertilizer, it dissociates into Ammonium (NH4+) and nitrate (NO3-). This dissociated nitrogen present in the soil can be directly consumed by the plants. The instant availability of nitrate ions makes ammonium nitrate superior over other fertilizers.
- Hence, with the rapidly growing agricultural activities across the globe, the demand for ammonium nitrate is expected to rapidly increase over the forecast period.

North America Region to Dominate the Market

North America represents the largest regional market for global ammonium nitrate market in 2018. This enormous demand for ammonium nitrate is a consequence of the growing demand for ammonium nitrate fuel oil and an increase in demand for explosives in defense. In North America, the United States provides the primary market for the agricultural industries. Fertilizers segment is projected to grow owing to the dynamic growth of agricultural activities in the region over the forecast period (2019-2024).

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Reasons for buying Report:

  • Current and future Ammonium Nitrate market viewpoint in the developed and developing markets
  • Analysis of various outlooks of the market with the help of Porter’s five forces analysis
  • The segment that is likely to dominate the market
  • Regions that are estimated to witness the fastest growth during the forecast period
  • Identify the latest developments, Ammonium Nitrate market shares, and strategies employed by the major market players

Detailed TOC of Ammonium Nitrate Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Demand from the Agricultural Industry
4.1.2 Rising Demand for Ammonium Nitrate fuel oil (ANFO)
4.2 Restraints
4.2.1 Increase in Regulations Due to Potential for Misuse
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition

5 MARKET SEGMENTATION
5.1 Application
5.1.1 Fertilizers
5.1.2 Explosives
5.1.3 Others
5.2 End-user
5.2.1 Agriculture
5.2.2 Mining
5.2.3 Defence
5.2.4 Others
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 CF Industries
6.4.2 Croda international
6.4.3 Elementis
6.4.4 Enaex
6.4.5 Euro chem
6.4.6 Jhonson Matthey
6.4.7 KRONOS Worldwide, Inc.
6.4.8 Maxam
6.4.9 Orica
6.4.10 Sasol
6.4.11 Scapa
6.4.12 Synthomer
6.4.13 TAYCA Corporation
6.4.14 The Chemours Company
6.4.15 The Kish Company, Inc.
6.4.16 Treatt PLC
6.4.17 Tronox Limited
6.4.18 Venator Materials PLC (Huntsman International)
6.4.19 Victrex
6.4.20 Yara

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Smart Explosives
7.2 Other oppurtunities

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