Ammonium Nitrate is a chemical compound with the formula NH4NO3. It is composed of nitric acid and salt of ammonia. In room temperature, ammonium nitrate appears in a white crystalline form and it is also colorless. These crystals are rhombohedra in shape but when they are subjected to temperatures above 32 degrees Celsius, they change to monoclinic crystals.
The ammonium nitrate industry concentration is not very high; there are many manufacturers in the world. Leading players in ammonium nitrate industries are Orica, IPL (Dyno Nobel), EuroChem, OSTCHEM Holding and Uralchem. EuroChem is the largest manufacturer, with the market share of 5.60% in 2016.
Due to the wide downstream consumption of the ammonium nitrate, it has large production. Recent years, there are some companies starting to research and development the product. At present, the top 5 companies account for about 19% of global market share in ammonium nitrate field.
The global price of ammonium nitrate decreased in the past five years, It is from 319 $/MT in 2012 to 202 $/MT in 2017. As for product prices, the decreasing trend in recent years will continue in the next few years, as the price hike in raw materials.

The Global Ammonium Nitrate Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Ammonium Nitrate Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

EuroChem
Uralchem
OSTCHEM Holding
Borealis
Acron
Yara
SBU Azot
Incitec Pivot
Zaklady
Orica
CF Industries
CSBP
Enaex
KuibyshevAzot
Minudobreniya(Rossosh)
DFPCL
Xinghua Chemical
Liuzhou Chemical
Jiehua Chemical
GESC
Holitech
Jinkai Group
Urals Fertilizer
Sichun Chemical
Shangxi Tianji
Fujian Shaohua
Sichuan Lutianhua

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Ammonium Nitrate Solution
Ammonium Nitrate Solid
In Market segmentation by applications :

Ammonium Nitrate Fertilizer
Ammonium Nitrate Explosive

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Ammonium Nitrate Market for the forecast period 2023 - 2030?
• What are the driving forces in the Ammonium Nitrate Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Ammonium Nitrate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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