
Global Ammonia Market Research Report 2024, Forecast to 2029
The Global Ammonia Market investigation report contains Types, Application & all logical and factual briefs about market Overview, CAGR, Production Volume, Sales, Revenue with the regional analysis covers North America, Europe, Asia-Pacific, South America, Middle East & Africa & The top Players like {playerNamesStr}
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Ammonia, also known as NH3, is a colorless gas with a distinct odor composed of nitrogen and hydrogen atoms. It is produced naturally in the human body and in nature—in water, soil and air, even in tiny bacteria molecules. In human health, ammonia and the ammonium ion are vital components of metabolic processes.
Our market research covers global as well as regional markets and provides an in-depth analysis of the overall growth prospects of the market. Global market trend analysis including historical data, estimates to 2024, and compound annual growth rate (CAGR) forecast to 2029 is given based on qualitative and quantitative analysis of the market segments involving economic and non-economic factors. Furthermore, it reveals the comprehensive competitive landscape of the global market, the current and future market prospects of the industry, and the growth opportunities and drivers as well as challenges and constraints in emerging and emerging markets.
We can meet the customized needs of customers in multiple dimensions, in-depth and high quality, help customers accurately grasp market opportunities, easily deal with market challenges, properly formulate market strategies, and act quickly to win sufficient market competition time and space for customers.
Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
The global economy and markets have been remarkably resilient in the face of tightening financial conditions and geopolitical upheaval over the past few years, with economic growth holding up better than most analysts’ expectations.
The global environment has still not settled onto a clear pathway toward a new stability as we enter 2024. In this disjointed world, we confront risks posed by potential volatility across the economic and political spheres. We also see potential opportunities arising from the new reality of greatly segmented global relationships.
We have identified five overlapping themes that will drive global political and economic relationships in 2024: geopolitical reordering, economic fault lines, resource security, supply chain resilience and logistics rewired.
The report will conduct a comprehensive and professional analysis of the Ammonia market in 2024 based on the current situation, global economic impact and other aspects.
Market Segment by Product Type
Evaporator Units
Industrial Racks
Compressors
Heat Exchangers
Market Segment by Product Application
Food & Beverage
Healthcare
Chemicals & Pharmaceuticals,
Oil & Gas
Others
Finally, the report provides detailed profile and data information analysis of leading company.
Danfoss Group
Linde AG
Dehon Group
DAIKIN INDUSTRIES
Brooktherm Refrigeration
Wagner-Meinert, LLC
Golden Industrial Refrigeration
GEA Group AG
Insights and Tools:
This report provides industry-standard analytical accuracy and high data completeness to uncover key opportunities available in the global industry market. Buyers of the report can obtain verified and reliable market forecasts, including revenue forecasts for the overall size of the global industry market.
The report is an effective tool for players to gain a competitive advantage over their competitors and ensure lasting success in the industry market. All findings, data, and information presented in the report have been verified and re-verified with the help of reliable sources. The analysts who authored the report have taken a unique approach to industry-best research and analysis for an in-depth study of the global industry market.
Use both primary and secondary data sources when compiling reports. Primary sources include extensive interviews with key opinion leaders and industry experts such as experienced front-line employees, directors, CEOs and marketing executives, downstream distributors as well as end users. Secondary sources include research on top companies' annual and financial reports, public documents, new journals, and more. We also work with some third-party databases.
The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focuses on the key regions like United States, European Union, China, and other regions.
Research Objectives
1.To define, describe and forecast the Ammonia market by type, application, end user and region
2.Provide enterprise external environment analysis and SWOT analysis
3.Focuses on the key global Ammonia manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, and development plans in next few years.
4.Provide market entry strategy analysis for new players or players preparing to enter the market
5.Keep up with international market trends and analyze the impact of the important international events on major global regions
6.Analyze market opportunities for stakeholders to provide market leaders with detailed information on the competitive landscape
Global Ammonia Market Research Report 2024, Forecast to 2029
1 Market Study Overview
1.1 Study Objectives
1.2 Ammonia Introduce
1.3 Combined with the Analysis of Macroeconomic Indicators
1.4 Brief Description of Research methods
1.5 Market Breakdown and Data Triangulation
2 Global Trend Summary
2.1 Ammonia Segment by Type
2.1.1 Evaporator Units
2.1.2 Industrial Racks
2.1.3 Compressors
2.1.4 Heat Exchangers
2.2 Market Analysis by Application
2.2.1 Food & Beverage
2.2.2 Healthcare
2.2.3 Chemicals & Pharmaceuticals,
2.2.4 Oil & Gas
2.2.5 Others
2.3 Global Ammonia Market Comparison by Regions (2019-2029)
2.3.1 Global Ammonia Market Size (2019-2029)
2.3.2 North America Ammonia Status and Prospect (2019-2029)
2.3.3 Europe Ammonia Status and Prospect (2019-2029)
2.3.4 China Ammonia Status and Prospect (2019-2029)
2.3.5 Japan Ammonia Status and Prospect (2019-2029)
2.3.6 Southeast Asia Ammonia Status and Prospect (2019-2029)
2.4 Basic Product Information
2.4.1 Basic Product Information & Technology Development History
2.4.2 Product Manufacturing Process
2.4.3 Interview with Major Market Participants
2.4.4 High-end Market Analysis and Forecast
2.5 Coronavirus Disease 2020 (Covid-19): Ammonia Industry Impact
2.5.1 Ammonia Business Impact Assessment - Covid-19
2.5.2 Market Trends and Ammonia Potential Opportunities in the COVID-19 Landscape
2.5.3 Measures / Proposal against Covid-19
3 Competition by Manufacturer
3.1 Global Ammonia Sales and Market Share by Manufacturer (2019-2024)
3.2 Global Ammonia Revenue and Market Share by Manufacturer (2019-2024)
3.3 Global Ammonia Industry Concentration Ratio (CR5 and HHI)
3.4 Top 5 Ammonia Manufacturer Market Share
3.5 Top 10 Ammonia Manufacturer Market Share
3.6 Date of Key Manufacturers Enter into Ammonia Market
3.7 Key Manufacturers Ammonia Key Manufacturers
3.8 Mergers & Acquisitions Planning
4 Analysis of Ammonia Industry Key Manufacturers
4.1 Danfoss Group
4.1.1 Compan Detail
4.1.2 Danfoss Group Ammonia Product Introduction, Application and Specification
4.1.3 Danfoss Group 133 Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)
4.1.4 Main Business Overview
4.1.5 Danfoss Group News
4.2 Linde AG
4.2.1 Compan Detail
4.2.2 Linde AG Ammonia Product Introduction, Application and Specification
4.2.3 Linde AG Ammonia Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)
4.2.4 Main Business Overview
4.2.5 Danfoss Group News
4.3 Dehon Group
4.3.1 Compan Detail
4.3.2 Dehon Group Ammonia Product Introduction, Application and Specification
4.3.3 Dehon Group Ammonia Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)
4.3.4 Main Business Overview
4.3.5 Dehon Group News
4.4 DAIKIN INDUSTRIES
4.4.1 Compan Detail
4.4.2 DAIKIN INDUSTRIES Ammonia Product Introduction, Application and Specification
4.4.3 DAIKIN INDUSTRIES Ammonia Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)
4.4.4 Main Business Overview
4.4.5 DAIKIN INDUSTRIES News
4.5 Brooktherm Refrigeration
4.5.1 Compan Detail
4.5.2 DAIKIN INDUSTRIES Ammonia Product Introduction, Application and Specification
4.5.3 Brooktherm Refrigeration Ammonia Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)
4.5.4 Main Business Overview
4.5.5 Brooktherm Refrigeration News
4.6 Wagner-Meinert, LLC
4.6.1 Compan Detail
4.6.2 Wagner-Meinert, LLC Ammonia Product Introduction, Application and Specification
4.6.3 Wagner-Meinert, LLC Ammonia Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)
4.6.4 Main Business Overview
4.6.5 Wagner-Meinert, LLC News
4.7 Golden Industrial Refrigeration
4.7.1 Compan Detail
4.7.2 Golden Industrial Refrigeration Ammonia Product Introduction, Application and Specification
4.7.3 Golden Industrial Refrigeration Ammonia Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)
4.7.4 Main Business Overview
4.7.4 Main Business Overview
4.8 GEA Group AG
4.8.1 Compan Detail
4.8.2 GEA Group AG Ammonia Product Introduction, Application and Specification
4.8.3 GEA Group AG Ammonia Sales, Price, Cost, Gross Margin, and Revenue (2019-2024)
4.8.4 Main Business Overview
4.8.5 GEA Group AG News
5 Global Ammonia Market Segment by Big Type
5.1 Global Ammonia Revenue, Sales and Market Share by Big Type (2019-2024)
5.1.1 Global Ammonia Sales and Market Share by Big Type (2019-2024)
5.1.2 Global Ammonia Revenue and Market Share by Big Type (2019-2024)
5.2 Evaporator Units Sales Growth Rate and Price
5.2.1 Global Evaporator Units Sales Growth Rate (2019-2024)
5.2.2 Global Evaporator Units Price (2019-2024)
5.3 Industrial Racks Sales Growth Rate and Price
5.3.1 Global Industrial Racks Sales Growth Rate (2019-2024)
5.3.2 Global Industrial Racks Price (2019-2024)
5.4 Compressors Sales Growth Rate and Price
5.4.1 Global Compressors Sales Growth Rate (2019-2024)
5.4.2 Global Compressors Price (2019-2024)
5.5 Heat Exchangers Sales Growth Rate and Price
5.5.1 Global Heat Exchangers Sales Growth Rate (2019-2024)
5.5.2 Global Heat Exchangers Price (2019-2024)
6 Global Ammonia Market Segment by Big Application
6.1 Global Ammonia Sales Market Share by Big Application (2019-2024)
6.2 Food & Beverage Sales Growth Rate (2019-2024)
6.3 Healthcare Sales Growth Rate (2019-2024)
6.4 Chemicals & Pharmaceuticals, Sales Growth Rate (2019-2024)
6.5 Oil & Gas Sales Growth Rate (2019-2024)
6.6 Others Sales Growth Rate (2019-2024)
7 Global Ammonia Forecast
7.1 Global Ammonia Revenue, Sales and Growth Rate (2024-2029)
7.2 Ammonia Market Forecast by Regions (2024-2029)
7.2.1 North America Ammonia Market Forecast (2024-2029)
7.2.2 Europe Ammonia Market Forecast (2024-2029)
7.2.3 China Ammonia Market Forecast (2024-2029)
7.2.4 Japan Ammonia Market Forecast (2024-2029)
7.2.5 Southeast Asia Ammonia Market Forecast (2024-2029)
7.2.6 Other Regions Ammonia Market Forecast (2024-2029)
7.3 Ammonia Market Forecast by Type (2024-2029)
7.3.1 Global Ammonia Sales Forecast by Type (2024-2029)
7.3.2 Global Ammonia Market Share Forecast by Type (2024-2029)
7.4 Ammonia Market Forecast by Application (2024-2029)
7.4.1 Global Ammonia Sales Forecast by Application (2024-2029)
7.4.2 Global Ammonia Market Share Forecast by Application (2024-2029)
8 Market Analysis
8.1.1 Market Overview
8.1.2 Market Opportunities
8.1.3 Market Risk
8.1.4 Market Driving Force
8.1.5 Porter's Five Forces Analysis
8.1.6 SWOT Analysis
9 Ammonia Related Market Analysis
9.1 Upstream Analysis
9.1.1 Macro Analysis of Upstream Markets
9.1.2 Key Players in Upstream Markets
9.1.3 Upstream Market Trend Analysis
9.1.4 Ammonia Manufacturing Cost Analysis
9.2 Downstream Market Analysis
9.2.1 Macro Analysis of Down Markets
9.2.2 Key Players in Down Markets
9.2.3 Downstream Market Trend Analysis
9.2.4 Sales Channel, Distributors, Traders and Dealers
10 Research Findings and Conclusion
Tables & Figures:
List of Tables and Figures
Figure Product Picture Ammonia
Figure Market Concentration Ratio and Market Maturity Analysis of Ammonia
Figure Bottom-up and Top-down Approaches for This Report
Figure Part of Our External Database
Figure Part of Our External Database
Figure Key Executives Interviewed
Table Global Ammonia Market Size by Big Type
Figure Global Market Share of Ammonia by Big Type in 2023
Figure Evaporator Units Picture (2019-2024)
Figure Industrial Racks Picture (2019-2024)
Figure Compressors Picture (2019-2024)
Global Ammonia Market Size by Big Application
Table Global Ammonia Market Size by Application
Figure Global Ammonia Market Share by Big Application in 2023
Figure Food & Beverage Picture
Figure Healthcare Picture
Figure Chemicals & Pharmaceuticals, Picture
Figure Oil & Gas Picture
Figure Others Picture
Table Global Ammonia Comparison by Regions (M USD) (2019-2029)
Figure Global Ammonia Market Size (Million US$) (2019-2029)
Figure North America Ammonia Revenue (Million US$) Growth Rate (2019-2029)
Figure Europe Ammonia Revenue (Million US$) Growth Rate (2019-2029)
Figure China Ammonia Revenue (Million US$) Growth Rate (2019-2029)
Figure Japan Ammonia Revenue (Million US$) Growth Rate (2019-2029)
Figure Southeast Asia Ammonia Revenue (Million US$) Growth Rate (2019-2029)
Table Business Impact Assessment - Covid-19
Table Market Trends and Ammonia Potential Opportunities in the COVID-19 Landscape
Table Measures / Proposal against Covid-19
Table Global Ammonia Sales by Manufacturer (2019-2024)
Figure Global Ammonia Sales Market Share by Manufacturer in 2023
Table Global Ammonia Revenue by Manufacturer (2019-2024)
Figure Global Ammonia Revenue Market Share by Manufacturer in 2023
Table Global Ammonia Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Top 5 Ammonia Manufacturer (Revenue) Market Share in 2023
Figure Top 10 Ammonia Manufacturer (Revenue) Market Share in 2023
Table Date of Key Manufacturers Enter into Ammonia Market
Table Key Manufacturers Ammonia Product Type
Table Mergers & Acquisitions Planning
Table Danfoss Group Company Profile
Table Ammonia Product Introduction, Application and Specification of Danfoss Group
Table Ammonia Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company One 2019-2024
Table Company One Main Business
Table Company One Recent Development
Table Linde AG Company Profile
Table Ammonia Product Introduction, Application and Specification of Linde AG
Table Ammonia Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2019-2024
Table Linde AG Recent Development
Table Dehon Group Company Profile
Table Ammonia Product Introduction, Application and Specification of Dehon Group
Table Ammonia Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2019-2024
Table Dehon Group Main Business
Table Dehon Group Recent Development
Table DAIKIN INDUSTRIES Company Profile
Table Ammonia Product Introduction, Application and Specification of DAIKIN INDUSTRIES
Table Ammonia Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2019-2024
Table DAIKIN INDUSTRIES Main Business
Table DAIKIN INDUSTRIES Recent Development
Table DAIKIN INDUSTRIES Main Business
Table DAIKIN INDUSTRIES Recent Development
Table Brooktherm Refrigeration Company Profile
Table Ammonia Product Introduction, Application and Specification of Brooktherm Refrigeration
Table Ammonia Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2019-2024
Table Brooktherm Refrigeration Main Business
Table Brooktherm Refrigeration Recent Development
Table Wagner-Meinert, LLC Company Profile
Table Ammonia Product Introduction, Application and Specification of Wagner-Meinert, LLC
Table Ammonia Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2019-2024
Table Wagner-Meinert, LLC Main Business
Table Wagner-Meinert, LLC Recent Development
Table Golden Industrial Refrigeration Company Profile
Table Ammonia Product Introduction, Application and Specification of Golden Industrial Refrigeration
Table Ammonia Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2019-2024
Table Golden Industrial Refrigeration Main Business
Table Golden Industrial Refrigeration Recent Development
Table GEA Group AG Company Profile
Table Ammonia Product Introduction, Application and Specification of GEA Group AG
Table Ammonia Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2019-2024
Table GEA Group AG Main Business
Table GEA Group AG Recent Development
Figure Global Ammonia Sales and Growth Rate (2019-2024)
Figure Global Ammonia Revenue and Growth Rate (2019-2024)
Table Global Ammonia Sales by Regions (2019-2024)
Figure Global Ammonia Sales Market Share by Regions in 2023
Table Global Ammonia Revenue by Regions (2019-2024)
Figure Global Ammonia Revenue Market Share by Regions in 2023
Figure North America Ammonia Sales and Growth Rate (2019-2024)
Figure Europe Ammonia Sales and Growth Rate (2019-2024)
Figure China Ammonia Sales and Growth Rate (2019-2024)
Figure Japan Ammonia Sales and Growth Rate (2019-2024)
Figure Southeast Asia Ammonia Sales and Growth Rate (2019-2024)
Figure Other Regions Ammonia Sales and Growth Rate (2019-2024)
Table Global Ammonia Sales by Big Type (2019-2024)
Table Global Ammonia Sales Market Share by Big Type (2019-2024)
Figure Global Ammonia Sales Market Share by Big Type in 2023
Table Global Ammonia Revenue by Big Type (2019-2024)
Table Global Ammonia Revenue Market Share by Big Type (2019-2024)
Table Global Ammonia Revenue Market Share by Big Type in 2023
Figure Global Evaporator Units Sales Growth Rate (2019-2024)
Figure Global Evaporator Units Price (2019-2024)
Figure Global Industrial Racks Sales Growth Rate (2019-2024)
Figure Global Industrial Racks Price (2019-2024)
Figure Global Compressors Sales Growth Rate (2019-2024)
Figure Global Compressors Price (2019-2024)
Figure Global Heat Exchangers Sales Growth Rate (2019-2024)
Table Global Ammonia Sales by Big Application (2019-2024)
Table Global Ammonia Sales Market Share by Big Application (2019-2024)
Figure Global Ammonia Sales Market Share by Big Application in 2023
Figure Global Food & Beverage Sales Growth Rate (2019-2024)
Figure Global Healthcare Sales Growth Rate (2019-2024)
Figure Global Chemicals & Pharmaceuticals, Sales Growth Rate (2019-2024)
Figure Global Oil & Gas Sales Growth Rate (2019-2024)
Figure Global Others Sales Growth Rate (2019-2024)
Figure Global Ammonia Sales and Growth Rate (2024-2029)
Figure Global Ammonia Revenue and Growth Rate (2024-2029)
Table Global Ammonia Sales Forecast by Regions (2024-2029)
Table Global Ammonia Market Share Forecast by Regions (2024-2029)
Figure North America Sales Ammonia Market Forecast (2024-2029)
Figure Europe Sales Ammonia Market Forecast (2024-2029)
Figure China Sales Ammonia Market Forecast (2024-2029)
Figure Japan Sales Ammonia Market Forecast (2024-2029)
Figure Southeast Asia Sales Ammonia Market Forecast (2024-2029)
Figure Other Regions Sales Ammonia Market Forecast (2024-2029)
Table Global Ammonia Sales Forecast by Type (2024-2029)
Table Global Ammonia Market Share Forecast by Type (2024-2029)
Table Global Ammonia Sales Forecast by Application (2024-2029)
Table Global Ammonia Market Share Forecast by Application (2024-2029)
Table Market Opportunities in Next Few Years
Table Market Risks Analysis
Table Market Drivers
Figure Porter's Five Forces Analysis
Table Macro Analysis of Upstream Markets
Table Key Players in Upstream Markets
Table Key Players of Upstream Markets
Table Key Raw Materials
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Ammonia
Table Macro Analysis of Down Markets
Table Key Players in Down Markets
Table Key Players of Downstream Markets
Figure Sales Channel
Figure North America Ammonia Sales (K Units) Growth Rate Forecast (2024-2029)
Figure North America Ammonia Revenue (Million US$) Growth Rate Forecast (2024-2029)
Figure Europe Ammonia Sales (K Units) Growth Rate Forecast (2024-2029)
Figure Europe Ammonia Revenue (Million US$) Growth Rate Forecast (2024-2029)
Figure Japan Ammonia Production (K Units) Growth Rate Forecast (2024-2029)
Figure Japan Ammonia Revenue (Million US$) Growth Rate Forecast (2024-2029)
Figure China Ammonia Production (K Units) Growth Rate Forecast (2024-2029)
Figure China Ammonia Revenue (Million US$) Growth Rate Forecast (2024-2029)
Figure Methodology/Research Approach
Figure Market Size Estimation
Figure Author List
Research Methodology:
Ammonia Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
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Total Market |
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