London, UK (PRWEB) December 16, 2014
In 2013, urea was the largest end-use segment for ammonia, accounting for 55% of the overall ammonia consumption. The other major application areas included non-fertilizers, ammonium nitrate, etc.
The world ammonia output in 2013 achieved 170.5 million tonnes, posting 2.7% upsurge in comparison with 2012. The APAC region was the largest ammonia producer, followed by Europe and North America.
The world ammonia market is slated to demonstrate stable growth in the future years, rising by 3.5% annually. The positive growth will likely be fuelled by the rising ammonia demand from nitrogen and phosphate fertilizers industries.
The highest ammonia production capacities are registered in the APAC region, Europe and the MENA region. As of 2013, the APAC region’s share totaled 51.62% of the global ammonia capacities, whilst Europe and the MENA region accounted for 21.14% and 11.79% shares, respectively.
China, Russia, India, the USA and Trinidad are the globe’s top ammonia producers. China led the world ammonia market in terms of production capacity in 2013, accounting for 33.4% of the overall ammonia output. The country produced 62.5 million of ammonia in 2013. Meantime, India and Russia held shares of 7.46% and 7.27% of the world ammonia capacities in 2013, with the output totaling 14.4 million and 11.8 million, respectively.
Topical research study “Ammonia: 2014 World Market Outlook and Forecast up to 2018” prepared by Merchant Research & Consulting Ltd is now available at mcgroup.co.uk
Title: Ammonia: 2014 World Market Outlook and Forecast up to 2018
Published: October, 2014
Price: US$ 4,500.00
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