Ammonia Market Size to Reach 216.72 Million Tons by 2031 Driven by Low-Carbon Fertilizers, Energy Transition, and Global Trade Shifts

According to Mordor Intelligence, the ammonia market size is estimated at 197.35 million tons in 2026 and is projected to reach 216.72 million tons by 2031, measured in volume (tons). 

While overall ammonia market growth remains moderate, the industry is undergoing clear structural change. Fertilizer production continues to anchor demand, with ammonia serving as the primary feedstock for urea, ammonium nitrate, and other nitrogen-based fertilizers. The global ammonia market continues to expand at a steady pace, supported by its critical role in fertilizer production and its emerging relevance in low-carbon energy systems.

Key Trends in the Ammonia Market 

• Growing adoption of low-carbon, blue, and low-emission ammonia, supported by carbon capture integration and renewable hydrogen feedstocks 
• Rising use of ammonia as a hydrogen carrier, particularly in power generation projects and marine fuel trials across Asia 
• Continued dominance of liquid ammonia in global trade, supported by established storage terminals and tanker infrastructure 
• Increased investment in export-oriented ammonia hubs in the Middle East and Australia, driven by low-cost energy availability and proximity to Asian demand centers 

These developments highlight how the ammonia Industry is expanding beyond traditional fertilizer use toward broader energy and industrial applications. 

Stay ahead of the curve with global and localized reports, including detailed coverage of the Japanese market: https://www.mordorintelligence.com/ja/industry-reports/ammonia-market?utm_source=Industrytoday 

Ammonia Market Segmentation Overview 

By Type 

• Liquid 
• Gas 

By End-User Industry 

• Agriculture 
• Mining and Metals 
• Textiles 
• Pharmaceutical 
• Industrial Refrigeration 
• Power Generation 
• Other End-User Industries 

By Geography 

• Asia-Pacific 
• North America 
• Europe 
• South America 
• Middle East and Africa 

Top 5 Key Players in the Ammonia Industry 

• Nutrien 
• OCI 
• SABIC 
• Yara 
• CF Industries Holdings, Inc. 

Explore more insights on the Ammonia competitive landscape: https://www.mordorintelligence.com/industry-reports/ammonia-market/companies?utm_source=Industrytoday 

Dominating Country: China 

China holds a leading position in the ammonia market share, supported by its extensive agricultural base and large domestic production capacity. The country is both a major producer and consumer of ammonia, with demand driven by integrated fertilizer complexes and state-owned enterprises. 

Under its current Five-Year Plan, China is phasing out inefficient coal-based ammonia plants while improving energy efficiency at large-scale facilities. These policy measures are influencing global trade flows, cost structures, and the long-term ammonia market forecast. 

Ammonia Market Forecast and Outlook 

The ammonia market forecast indicates steady expansion through 2031, supported by its indispensable role in global food production and its growing importance in energy transition strategies. While fertilizers remain the backbone of demand, emerging applications in power generation, marine fuels, and hydrogen transport are gradually broadening the scope of the ammonia industry. 

Overall, the ammonia market is shifting toward efficiency-driven growth, lower-emission production pathways, and evolving trade patterns, reinforcing its relevance across both agricultural and industrial value chains. 

Explore related reports from Mordor Intelligence  

Amines Market - https://www.mordorintelligence.com/industry-reports/amines-market?utm_source=Industrytoday   

Asia-Pacific Ammonia Market - https://www.mordorintelligence.com/industry-reports/asia-pacific-ammonia-market?utm_source=Industrytoday   

Asia-Pacific Ammonium Nitrate Market - https://www.mordorintelligence.com/industry-reports/asia-pacific-ammonium-nitrate-market?utm_source=Industrytoday  

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