The global ammonium nitrate market size was USD 15.5 Billion in 2022 and is expected to register a revenue CAGR of 3.4 % during the forecast period. Rising demand for ammonium nitrate fuel oil is a major driving factor driving market revenue growth.

The research Ammonium Nitrate Market report assesses the market dynamics, market landscape, company profiles, production and manufacturing capacity, year-on-year growth rate, SWOT analysis, and Porter’s Five Forces analysis. The report estimates the market size, market growth, and provides an accurate forecast for the key segments of the market for the forecast period of 2020-2028. The report also covers an in-depth analysis of the key competitors of the market, along with their growth strategies and business expansion plans.

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The leading market contenders listed in the report are:

CF Industries Holdings, Inc., Enaex, EuroChem Group, MAXAM, Orica Limited, Sasol, San Corporation, URALCHEM JSC, Vijay Gas Industry Pvt. Ltd, Austin Powder

The research study examines historic. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Ammonium Nitrate market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Application Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)

    • Fertilizers
    • Explosives
    • Others



  • End-Use Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)

    • Agriculture
    • Mining
    • Defense
    • Construction
    • Quarry



  • Regional Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
    • Rest of APAC
      1. Latin America
      2. Brazil
      3. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA



The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

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