Global Ammonia Market to See Further Growth Through 2018, States Merchant Research & Consulting in its Topical Report
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
Report Details:
Title: Ammonia: 2014 World Market Outlook and Forecast up to 2018
Published: October, 2014
Pages: 652
Price: US$ 4,500.00
http://mcgroup.co.uk/researches/ammonia
The in-demand report offers a detailed guide to the world ammonia market environment and gives an analysis of the current situation in the market, discloses the historical background and includes market forecasts till 2018. In addition, the insightful report examines the ammonia production, consumption, demand and foreign trade trends, and provides the market segmentation analysis by key regions and countries. Key ammonia application spheres, properties and production processes are highlighted in the study, too. The report describes the currently undergoing projects, enlists the major ammonia producers and consumers, and provides an all-round analysis of the downstream markets. Future opportunities of the ammonia market are discussed in the study.
Reasons to Buy:
• Enrich your knowledge with unique data on the ammonia market scenario and dynamics.
• In-depth research of downstream markets helps to improve view of the major consumers.
• Gain insights into the ammonia production, consumption, foreign trade and prices trends.
• Description of the competitive scenario helps to find prospective partners.
• Define effective business strategies by understanding how the market is set to develop in the next years.
• Market future projections help to identify lucrative future opportunities.
More in-demand reports by the publisher can be found at Merchant Research & Consulting page.
Alena Amberly, Merchant Research and Consulting Ltd., http://mcgroup.co.uk/, +44 2081446009, [email protected]
Share this article