市場調查報告書
商品編碼
1551246
2030 年硝酸銨市場預測:按類型、分銷管道、應用、最終用戶和地區分類的全球分析Ammonium Nitrate Market Forecasts to 2030 - Global Analysis By Type, Distribution Channel, Application, End User and By Geography |
根據Stratistics MRC的數據,2024年全球硝酸銨市場規模為326.1億美元,預計到2030年將達到382.7億美元,預測期內複合年成長率為5.6%。
硝酸銨是一種化學式NH4NO3的化合物。它是一種白色結晶質固體,極易溶於水。它主要用作肥料,為植物提供促進生長所需的氮。硝酸銨也用於炸藥和煙火,因為它具有促進燃燒的氧化特性。其使用受到監管,以防止事故和誤用。
根據化肥部統計,2016年,中國成為全球最大的氮肥消費國。
擴大經濟活動和發展基礎設施
由於農民尋求更有效的肥料來提高作物產量,經濟擴張提高了農業生產力。同時,道路、橋樑和採礦等基礎設施計劃需要硝酸銨進行建築和挖掘作業。這種不斷成長的需求推動生產和消費,推動市場成長。此外,新基礎設施的開拓為新興經濟體創造了市場拓展機會,進一步刺激了硝酸銨的需求。
原物料價格波動
硝酸銨原料價格的波動是由於對其生產至關重要的天然氣、氨和硝酸的成本波動所造成的。供應鏈中斷、地緣政治因素和市場需求變化可能會導致價格大幅波動。這種波動會增加生產成本並影響製造商的利潤率,從而阻礙市場成長。不可預測的原料成本也會導致消費者定價的不確定性,從而可能減少需求並破壞市場穩定。
擴大先進農業技術的採用
由於精密農業和環境控制農業等先進農業技術的不斷採用,對高效肥料的需求不斷增加。這些技術最佳化養分散佈、提高作物產量並確保肥料的有效利用。高氮含量的硝酸銨可滿足作物的精確營養需求,支持其生長和生產力。隨著農民尋求最大限度地提高產量和永續性,對作為這些技術關鍵組成部分的硝酸銨的需求正在增加。
與替代產品的競爭
硝酸銨的替代品包括尿素、硫酸銨和硝酸鈣,每種都有不同的施肥益處。這些替代肥料具有降低價格風險和減少環境影響等優點,這可能使它們對農民有吸引力。此外,有機和生物基肥料作為一種永續施肥方法越來越受歡迎。這種對替代品日益成長的偏好正在透過加劇競爭、導致定價壓力和減少市場佔有率來阻礙硝酸銨市場的成長。
COVID-19 的影響
COVID-19 大流行擾亂了硝酸銨市場,導致供應鏈中斷和產能下降。停工和限制導致製造和運輸延誤。然而,隨著糧食安全成為優先事項,對農產品的需求增加部分抵消了這些干擾。此次疫情也凸顯了在危險物質處理方面改善安全措施和監管合規性的必要性。
預計顆粒硝酸銨產業在預測期內將是最大的
預計粒狀硝酸銨業務將出現良好成長。顆粒硝酸銨是一種富氮固態肥料,廣泛應用於農業,促進植物生長。顆粒形式可實現均勻分佈和高效散佈。它為作物提供必需的氮素,促進作物健康生長和產量。它用於農業以及工業應用,例如採礦和建築用炸藥。由於潛在的安全風險和環境影響,需要小心處理,從而削弱了其有效性。
化肥產業預計在預測期內複合年成長率最高
預計化肥產業在預測期內複合年成長率最高。硝酸銨是一種常見的富氮肥料,用於促進作物生長和產量。它提供必需的氮,促進作物旺盛生長並提高蛋白質含量。由於其高溶解度,它能迅速被植物吸收,並且以顆粒和液體形式均有效。然而,它們的使用需要仔細管理,以防止硝酸鹽浸出和水污染等環境問題。
在亞太地區,硝酸銨市場受到農業快速擴張和為提高作物產量而對肥料的需求不斷增加的推動。該地區採礦和建築等工業活動的增加也促進了市場的成長。中國和印度等國家擁有龐大的農業和工業部門,使其成為主要消費者。此外,該地區的經濟發展支持了市場的持續成長。
在北美,強勁的農業活動和對高性能肥料提高作物產量的需求正在顯著推動硝酸銨市場的發展。工業部門在採礦和建設業的應用也做出了貢獻。美國和加拿大是主要消費國,擁有先進的製造技術和成熟的供應鏈。此外,該地區的農業和工業需求支持了硝酸銨市場的成長。
According to Stratistics MRC, the Global Ammonium Nitrate Market is accounted for $32.61 billion in 2024 and is expected to reach $38.27 billion by 2030 growing at a CAGR of 5.6% during the forecast period. Ammonium nitrate is a chemical compound with the formula NH4NO3. It appears as a white, crystalline solid and is highly soluble in water. Primarily used as a fertilizer, it provides essential nitrogen to plants, enhancing growth. Ammonium nitrate is also employed in explosives and pyrotechnics due to its oxidizing properties, which can accelerate combustion. Its use is regulated to prevent accidents and misuse.
According to the Ministry of Chemicals and Fertilizers, in 2016, China was recorded as the largest nitrogen fertilizer consuming countries in the world.
Rising economic activities and infrastructure development
Economic expansion boosts agricultural productivity as farmers seek efficient fertilizers to enhance crop yields. Simultaneously, infrastructure projects like roads, bridges, and mining operations require ammonium nitrate for construction and excavation activities. This heightened demand drives production and consumption, fostering market growth. Additionally, the development of new infrastructure creates opportunities for market expansion in emerging economies, further stimulating demand for ammonium nitrate.
Volatility in raw material prices
Volatility in raw material prices for ammonium nitrate arises from fluctuating costs of natural gas, ammonia, and nitric acid, which are essential for its production. Supply chain disruptions, geopolitical factors, and market demand shifts can cause significant price swings. This instability hampers market growth by increasing production costs and affecting profit margins for manufacturers. Unpredictable raw material costs also lead to pricing uncertainty for consumers, potentially reducing demand and causing market instability.
Growing adoption of advanced farming techniques
The growing adoption of advanced farming techniques, such as precision agriculture and controlled-environment farming increases the demand for high-efficiency fertilizers. These techniques optimize nutrient application, enhancing crop yields and ensuring effective use of fertilizers. Ammonium nitrate, with its high nitrogen content, meets the precise nutritional needs of crops, supporting their growth and productivity. As farmers seek to maximize outputs and sustainability, the demand for ammonium nitrate as a key component in these technologies rises.
Competition from alternatives
Alternatives to ammonium nitrate include urea, ammonium sulfate, and calcium nitrate, each offering different benefits for fertilization. These alternatives may offer benefits such as lower risk of volatility in prices and reduced environmental impact, making them attractive to farmers. Additionally, organic fertilizers and bio-based options are gaining popularity due to their sustainable practices. The growing preference for these alternatives hampers ammonium nitrate market growth by increasing competition, leading to price pressures and reducing market share.
Covid-19 Impact
The covid-19 pandemic disrupted the ammonium nitrate market by causing supply chain interruptions and reducing production capacity. Lockdowns and restrictions led to delays in manufacturing and transportation. However, increased demand for agricultural products as food security became a priority partially offset these disruptions. The pandemic also highlighted the need for improved safety measures and regulatory compliance in handling hazardous materials.
The granular ammonium nitrate segment is expected to be the largest during the forecast period
The granular ammonium nitrate segment is estimated to have a lucrative growth. Granular ammonium nitrate is a solid, nitrogen-rich fertilizer used extensively in agriculture to enhance plant growth. Its granular form ensures even distribution and efficient application. It provides essential nitrogen to crops, promoting healthy development and high yields. Besides agriculture, it is also used in industrial applications such as explosives for mining and construction. Its effectiveness is tempered by the need for careful handling due to its potential safety risks and environmental impact.
The fertilizers segment is expected to have the highest CAGR during the forecast period
The fertilizers segment is anticipated to witness the highest CAGR growth during the forecast period. Ammonium nitrate is a popular nitrogen-rich fertilizer used to enhance crop growth and yield. It provides essential nitrogen, promoting vigorous plant development and improved protein content in crops. Its high solubility ensures quick absorption by plants, making it effective for both granular and liquid applications. However, its use requires careful management to prevent environmental issues such as nitrate leaching and water pollution.
In the Asia-Pacific region, the ammonium nitrate market is driven by rapid agricultural expansion and increasing demand for fertilizers to boost crop yields. The region's growing industrial activities, including mining and construction, also contribute to market growth. Countries like China and India are major consumers due to their large agricultural and industrial sectors. Further, the region's economic development supports continued market growth.
In North America, the ammonium nitrate market is significantly driven by robust agricultural activity and the need for high-performance fertilizers to boost crop yields. The industrial sector also contributes, with applications in mining and construction. The U.S. and Canada are major consumers, leveraging advanced manufacturing technologies and well-established supply chains. Further, the region's agricultural and industrial demands sustain growth in the ammonium nitrate market.
Key players in the market
Some of the key players profiled in the Ammonium Nitrate Market include Orica, Yara International, CF Industries, Nutrien, EuroChem Group, Acron, Enaex, BCF Life Sciences, Indian Farmers Fertiliser Cooperative (IFFCO), Group DF, Chemtrade Logistics Inc., OCI Nitrogen and Fertiberia.
In November 2023, PJSC "Rivneazot" which is a part of Group DF nitrogen business enterprises launched ammonium nitrate and ammonia workshops after large-scale modernization. The new workshops are equipped with advanced technologies and processes designed to improve product quality and reduce environmental impact. This initiative aligns with Group DF's strategy to strengthen its position in the nitrogen sector and maintain competitiveness in the global market.
In September 2023, Fertiberia announced a collaboration with Orica to supply this TAN to Orica, one of the world's leading suppliers of mining and infrastructure solutions. The special feature of this low-carbon TAN, which is produced at Fertiberia's plant in Puertollano (Ciudad Real) and will be used in the mining and civil infrastructure markets across Europe, the Middle East and Africa, is that it is produced from renewable hydrogen, replacing natural gas.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.