- May 2021 |
- Chemicals And Materials / Chemicals
Global Ammonium Nitrate Market- By Product Type (Solid Form, Liquid Form); By Application (Fertilizers, Explosive, Food Preservation, Others); By End-User (Agriculture, Mining, Construction, Defense, Aerospace, Others); By Region (North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2017-2027
Global Ammonium Nitrate Market- Industry Trends & Forecast Report 2027
The global ammonium nitrate market reached USD 14.57 billion in 2020. The market is further expected to reach USD 22.34 billion by 2027 and is projected to grow at a CAGR of 6.7% during 2021-2027 (forecast period). The growing demand for agricultural products is driving the growth of the market. According to the Food & Agriculture Organization (FAO), the rising female participation in the workforce and rapid urbanization levels around the world are expected...