Indian Ammonia Market Share, Price Trends 2022, Size, Growth Report and Forecast to 2026

The latest research report from the IMARC group, titled “Indian ammonia market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

Ammonia is a colorless inorganic gas characterized by an unpleasant odor. It is easily soluble in water and dissolves to form an ammonium hydroxide solution. Mainly obtained from natural gas, it is commonly used as a refrigerant due to its high performance and improved heat transfer benefits. It is also used to produce urea and other ammonium phosphate fertilizers. The ammonia market in India reached a consumption volume of 15.4 million tons in 2020. Looking ahead, IMARC Group expects the market to show stable growth over the period 2021-2026.

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Important Attribute and Report Highlights:

§ Detailed market share analysis

§ Market segmentation by

§ Historical, current and projected market size in terms of volume and value

§ Latest industry trends and developments

§ Competitive landscape Indian ammonia market

§ Strategies of key players and product offerings

The Indian market is mainly driven by the considerable growth of the agricultural industry. With increasing population levels across the country, there has been a significant increase in the demand for food, which, in turn, has propelled the adoption of effective fertilizers. Also, the growing demand for ammonia for refrigeration applications in the residential and commercial sectors is positively impacting the growth of the market. Additionally, the growing demand for products in the mining and explosives industry for ammonium nitrate processing is contributing significantly to the growth of the market. Moreover, the development of green ammonia through sustainable technologies is further expected to drive the market growth across the country.

Main actors included in Indian ammonia market Research report:

· Chambal Fertilizers and Chemicals Limited

· Gujarat Narmada Valley Fertilizers Company Ltd.

· Indian Farmers Fertilizer Cooperative Limited (IFFCO)

· Krishak Bharati Cooperative Ltd (KRIBHCO)

· Nagarjuna Fertilizers and Chemicals Limited,

· Rashtriya Chemicals and Fertilizers Limited

· Southern Petrochemical Industries Corporation (SPIC) Limited

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Overview of the impact of COVID-19:

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Key Market Segmentation:

Distribution by physical form:

· Anhydrous ammonia

· aqueous ammonia

Based on physical form, the market has been divided into anhydrous and aqueous ammonia.

Breakdown by end use:

· Urea

· Ammonium phosphate fertilizer

· Industrial

· Others

On the basis of end use, the market has been divided into urea, ammonium phosphate fertilizer, industrial and others.

Breakdown by States:

· Gujarat

· Maharashtra

· Rajasthan

· Others

Geographically, the market is categorized into Gujarat, Maharashtra, Rajasthan and others.

TOC for the Indian ammonia market Research report:

§ Preface

§ Scope and methodology

§ Summary

§ introduction

§ Indian ammonia market SWOT analysis

§ Value chain analysis

§ Price analysis

§ Competitive landscape

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