Report Code : A35560
Many countries in the Asia Pacific region have significant agricultural sectors. Ammonia water is used as a fertilizer in agriculture to provide essential nitrogen to crops. As these countries strive to increase food production to meet growing populations and demand, the use of ammonia water in agriculture will drive market growth.
Yerukola Eswara Prasad - Manager
Materials and Chemicals at Allied Market Research
According to a new report published by Allied Market Research, titled, “Ammonia Water Market," The ammonia water market was valued at $28.2 billion in 2022, and is estimated to reach $40.5 billion by 2032, growing at a CAGR of 3.8% from 2023 to 2032.
Ammonia water, or ammonium hydroxide, offers several advantages across various applications and industries due to its chemical properties. Ammonia water is a powerful cleaning agent that can effectively dissolve and remove grease, grime, dirt, and stubborn residues from various surfaces. It is commonly used in household and industrial cleaning products. Ammonia water is an alkaline solution and can be used to adjust pH levels in a wide range of applications, including water treatment, textile dyeing, and chemical processes.
Ammonia water serves as a nitrogen source for plants in agriculture. Nitrogen is an essential nutrient for plant growth, and ammonia water can support healthy crop development and improve yields. Ammonia-based fertilizers can contribute to sustainable agriculture practices by promoting efficient nutrient utilization and reducing nitrogen runoff. This aligns with the increasing emphasis on sustainable and environmentally friendly farming methods.
The textile industry uses ammonia water for dye fixation and pH adjustment in dyeing processes. As the demand for textiles and apparel continues to grow, the use of ammonia water in this sector is expected to also increase. Furthermore, growing economies and urbanization in emerging markets are anticipated to lead to increased industrial production, urban infrastructure development, and agricultural activities, all of which are expected to drive demand for ammonia water. Moreover, ammonia water is considered more environmentally friendly than some alternatives, particularly as a refrigerant. As industries and consumers seek greener alternatives, the demand for ammonia-based products is expected to increase.
Rise in usage of fertilizers
Population growth, urbanization, changing dietary preferences, and technological advancements in agricultural practices contribute to the surge in usage of fertilizers. Ammonia water is used in fertilizers, primarily as it provides a water-soluble form of nitrogen, which is an essential nutrient for plant growth that drives the market growth. According to the Food and Agriculture Organization of the United Nations, the global capacity to produce ammonia as a source of nitrogen increased to 190.39 million tons in 2022, as compared to 2020, which was 187.35 million tons. Ammonia water is converted into ammonium ions (NH4+) through the process of nitrification when it is applied to soil. The nitrogen required for the synthesis of proteins, enzymes, and chlorophyll, all of which are essential for plant growth, is readily taken by plant roots from these ions.
Ammonia water helps in promoting plant development while also enhancing crop quality and production. Furthermore, ammonia water is useful in bringing the soil's pH to values better for nutrient uptake. It is possible to combine ammonia water into a variety of fertilizers, both liquid and granular, making them suitable for diverse farming methods and crop varieties. Moreover, the risk of nutrient losses due to leaching, which can happen with other types of nitrogen that are less water-soluble, can be decreased when ammonia water is used properly. Owing to these factors, the growth of the ammonia water market is expected to boost tremendously during the forecast period.
The ammonia water market is segmented into end-use industry and region. By end-use industry, it is categorized into the agriculture industry, rubber industry, leather industry, pharmaceutical industry, pulp and paper industry, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Based on the end-use industry, the agriculture industry segment dominated the largest market share in 2022 due to ammonia water is a crucial component in the production of ammonium-based fertilizers, such as ammonium nitrate and ammonium phosphate. These fertilizers provide essential nitrogen and phosphorous nutrients to plants, promoting healthy growth and higher yields.
Based on region, the Asia-Pacific region dominated the highest market share in 2022 due to the Asia-Pacific region has strong horticulture and floriculture industry, including the production of fruits, vegetables, and ornamental plants. These sectors often require specialized fertilization techniques, and ammonia water can be a valuable component in meeting their nutrient needs.
The major players operating in the industry include Evoqua Water Technologies LLC, Veolia, TORAY INDUSTRIES, INC., General Electric, Koch Separation Solutions, Aquatech International LLC., KUBOTA Corporation, Asahi Kasei Corporation, WEHRLE-WERK AG, and Mitsubishi Chemical Corporation. These players have adopted product launch as their key strategy to strengthen their presence in the market.
Key Findings Of The Study:
Talk to David (Europe)
Talk to Sona Padman (Americas)
5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91 2066346060
Fax: +1(855) 550-5975
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com
Ammonia Water Market by End Use Industry (Agriculture Industry, Rubber Industry, Leather Industry, Pulp and Paper Industry, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Buy Full Version
"Ammonia Water Market"
Purchase Enquiry
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of the scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save the time of readers