Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea (WPU0652013A) from Dec 2014 to Sep 2025 about synthetic, chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

In Q3 2025, North America, the Ammonia Price Index rose by 15.26% quarter-over-quarter, driven by tightening supply and fertilizer demand. Check detailed insights for Europe, MEA, South America and APAC.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea was 120.46400 Index Dec 2014=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea reached a record high of 218.63300 in April of 2022 and a record low of 67.00000 in September of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea - last updated from the United States Federal Reserve on November of 2025.

Learn about the dynamics of the ammonia market, including factors that impact prices, such as changes in natural gas costs and competition from other fertilizers. Discover how global demand for nitrogen fertilizers continues to drive sustained demand for ammonia, making it a critical input for many industries.

Learn about the factors that affect the price of ammonia, including supply and demand, production costs, and transportation costs. Discover why the increasing demand for fertilizers and fluctuations in natural gas prices are key drivers in ammonia pricing. Read on to gain insights into why pricing in the United States and Europe varies and what these regional variations mean for the future of ammonia pricing.

The global ammonia market, valued at $75.39 billion in 2025, is projected to exhibit a steady growth trajectory, driven primarily by its crucial role in fertilizer production to meet the escalating global food demand. The 1.1% CAGR indicates a moderate yet consistent expansion, reflecting both opportunities and challenges within the sector. Growth is expected to be fueled by increasing agricultural activities, particularly in developing economies experiencing population growth and rising disposable incomes. Furthermore, the rising demand for ammonia in industrial applications, such as the production of nitric acid, urea, and other nitrogen-based chemicals, contributes to market expansion. However, environmental concerns surrounding ammonia emissions and the volatility of raw material prices, such as natural gas (a key feedstock), pose significant restraints on market growth. Stringent environmental regulations aimed at reducing greenhouse gas emissions are likely to necessitate investments in cleaner production technologies, impacting market dynamics. Competition among major players, including Yara, CF Industries, and Nutrien, is intense, driving innovation and efficiency improvements. Regional variations in growth rates are anticipated, with developing regions likely to experience faster expansion than mature markets due to differences in agricultural practices and infrastructure development. The forecast period of 2025-2033 presents opportunities for companies to leverage technological advancements, optimize production processes, and strategically expand into high-growth markets. The market segmentation, while not explicitly provided, likely includes various forms of ammonia (e.g., anhydrous ammonia, aqueous ammonia), application segments (e.g., fertilizers, industrial chemicals), and geographical regions. Understanding the nuances within these segments is crucial for effective market analysis. Future growth will depend on factors such as global food security policies, technological advancements in ammonia production, and the price of natural gas, along with the implementation of effective environmental regulations that balance sustainable practices with economic viability. The continued dominance of established players alongside the emergence of innovative technologies and new entrants will continue to shape the competitive landscape of the ammonia market in the coming years.

Global green ammonia market size is expected to grow from USD 701 million in 2024 to USD 2,672 million in 2025 and USD 55,056 million by 2032, at CAGR of 54.1%

Ammonia Market size was valued to be USD 83.22 Billion in the year 2024 and it is expected to reach USD 134.47 Billion in 2031, at a CAGR of 6.82 % over the forecast period of 2024 to 2031.Global Ammonia Market DriversThe market drivers for the Ammonia Market can be influenced by various factors. These may include:Sector of Agriculture: Ammonia is needed to produce fertilizers, especially urea. Crop production and other agricultural operations are directly related to the demand for ammonia. Demand for agricultural goods rises in response to changes in dietary choices and worldwide population growth, which in turn drives demand for ammonia.Ammonia finds extensive usage in a range of industrial processes, such as the production of nitrogen-based compounds such as nitric acid and ammonium nitrate. Ammonia is used in the manufacturing of textiles, plastics, explosives, medicines, and other products, which increases demand overall.Infrastructure Development: Large-scale refrigeration units, such those in food storage warehouses, cold storage facilities, and ice producing plants, employ ammonia as a coolant and in their refrigeration systems. Ammonia demand is fueled by the ongoing construction of infrastructure, particularly in emerging nations where refrigeration and cooling systems are becoming more and more necessary.Environmental rules: The demand for ammonia may be impacted by environmental rules that are designed to lower greenhouse gas emissions and improve air quality. Ammonia, for example, can be utilized as a feedstock for the creation of green energy through hydrogen synthesis or as a clean alternative fuel for vehicles. Policies that support sustainable development and clean energy may open up new markets for ammonia.Technological developments: By altering production costs and supply availability, improvements in ammonia manufacturing procedures, such as those using Haber-Bosch synthesis or the creation of more effective and ecologically friendly production techniques, can impact market dynamics.Global Economic Conditions: The demand for ammonia is influenced by the expansion of economies and industrial activity in major economies. The demand for ammonia can be driven or restrained by variables like GDP growth rates, industrial output, and investments in infrastructural projects.Energy Prices: A major factor in determining the cost of producing ammonia is the price and accessibility of energy sources, especially natural gas. Changes in energy costs have the potential to impact market dynamics and ammonia production's competitiveness.

Learn about the factors that affect the anhydrous ammonia price per ton in the United States, including demand, supply, season, and location, and get an overview of the current average price of around $800-$850 per ton.

Discover the booming global ammonia market analysis (2019-2033)! Explore key trends, drivers, restraints, and regional market shares impacting fertilizer, refrigerant, and polymer sectors. Learn about major players like Yara and CF Industries. Get insights into future growth projections and market size data.

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Green Ammonia Market Size 2024-2028

The green ammonia market size is forecast to increase by USD 3.21 billion, at a CAGR of 113.07% between 2023 and 2028.

Major Market Trends & Insights

Europe dominated the market and accounted for a 37% growth during the forecast period.
By the Application - Power generation segment was valued at USD 3.70 billion in 2022
By the Technology - Alkaline water electrolysis segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 48.00 million
Market Future Opportunities: USD 3209.70 million
CAGR : 113.07%
Europe: Largest market in 2022

Market Summary

The market is experiencing significant traction, fueled by increasing investments from various industries. According to recent reports, the market is expected to witness substantial growth in the coming years, with the demand for green ammonia increasing in sectors like agriculture, energy, and industry. The market's expansion can be attributed to the numerous advantages of green ammonia over its traditional counterpart. Green ammonia, produced using renewable energy sources, offers a more sustainable alternative to the fossil fuel-based ammonia production process. This shift towards greener production methods is gaining momentum as businesses aim to reduce their carbon footprint and comply with stringent environmental regulations.
Despite the promising outlook, the high cost of producing green hydrogen, a key component in green ammonia production, remains a significant challenge. However, advancements in technology and economies of scale are expected to drive down production costs, making green ammonia a more competitive and attractive option for businesses. The market's evolution is further influenced by the growing adoption of hydrogen as a clean energy carrier and the increasing demand for low-carbon fuels. As the market continues to unfold, it presents significant opportunities for businesses across various sectors, particularly those looking to decarbonize their operations and contribute to a more sustainable future.

What will be the Size of the Green Ammonia Market during the forecast period?

Explore market size, adoption trends, and growth potential for green ammonia market Request Free Sample

The market is experiencing significant growth, driven by the increasing demand for sustainable energy solutions and the need to reduce carbon emissions. Two key factors contributing to this growth are the cost-benefit analysis of ammonia injection into natural gas pipelines and the regulatory framework supporting the use of renewable hydrogen for ammonia production. For instance, ammonia injection can increase the energy density of natural gas, enabling more efficient transportation and storage.
Additionally, the use of renewable hydrogen in ammonia production reduces the carbon footprint, aligning with global sustainability goals. Despite these opportunities, challenges remain, including scale-up challenges, catalyst deactivation, and regulatory hurdles. For example, the commercialization of green ammonia production through alkaline electrolysis, thermal decomposition, or solid oxide electrolysis requires significant investments in reactor optimization, gas purification, and process modeling. Nevertheless, ongoing research in plasma synthesis, ammonia oxidation, catalytic reforming, and other technologies continues to advance the technical feasibility of green ammonia production and hydrogen refueling.

How is this Green Ammonia Industry segmented?

The green ammonia industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Power generation
  Transportation
  Industrial feedstock
  Others


Technology

  Alkaline water electrolysis
  Proton exchange membrane
  Solid oxide electrolysis


Geography

  North America

    US


  Europe

    Germany
    Russia


  APAC

    Australia
    China


  Rest of World (ROW)

By Application Insights

The power generation segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, driven by the increasing demand for clean energy and the need to reduce carbon emissions. According to recent studies, the market for green ammonia production is projected to expand by 15% in the upcoming year, as industries shift towards more sustainable production methods. Moreover, the global ammonia market is expected to reach a size of 150 million metric tons by 2026, representing a 12% increase from the current market size. Key trends in the market include the adoption of advanced purification techniques, such as membrane separation and pressure swing adsorption, to improve the

Discover the latest trends and insights in the global ammonia market. This comprehensive analysis projects steady growth (1.89% CAGR) driven by agricultural demand, but highlights challenges from environmental regulations. Explore regional market shares, key players (BASF, Yara, CF Industries), and future opportunities in this vital chemical sector. Recent developments include: March 2024: Yara collaborated with GHC SAOC, a wholly-owned subsidiary of Acme Cleantech. Under this collaboration, ACME will provide YARA with ammonia with reduced CO2 emissions. This collaboration covers the supply of 100,000 tons per annum of renewable ammonia., December 2023: CF Industries Holdings Inc. completed the acquisition of Incitec Pivot Limited’s (IPL) Waggaman ammonia production facility for USD 1.675 billion. This acquisition added 880,000 tons of ammonia production annually to the company’s existing production capability.. Key drivers for this market are: Abundant Use in the Fertilizer Industry, Increasing Usage to Produce Explosives. Potential restraints include: Abundant Use in the Fertilizer Industry, Increasing Usage to Produce Explosives. Notable trends are: The Agriculture Industry is Expected to Dominate the Market.

Di-ammonium traded flat at 640 USD/T on November 28, 2025. Over the past month, Di-ammonium's price has fallen 16.53%, but it is still 12.28% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Di-ammonium Phosphate.

The global ammonia market, valued at $84.35 billion in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 1.1% from 2025 to 2033. This relatively modest growth reflects a mature market with established players and diverse applications. The market's expansion is primarily driven by the burgeoning fertilizer industry, which remains the dominant consumer of ammonia globally. Increasing global food demands and the consequent need for enhanced agricultural productivity are key factors fueling this demand. Further growth is anticipated from expanding applications in refrigeration and certain industrial chemical processes, particularly within the polymer synthesis sector. However, environmental concerns surrounding ammonia emissions and stringent regulations aimed at mitigating these impacts represent significant restraints on market growth. The adoption of more efficient and environmentally friendly ammonia production technologies, along with the exploration of alternative fertilizer options, will shape the market's trajectory in the coming years. The market is segmented by type (liquid and gas ammonia) and application (fertilizer, refrigerant, polymer synthesis, and others). The fertilizer segment holds the largest market share due to ammonia's indispensable role as a nitrogen source in fertilizer production. Competition within the market is intense, with major players including Yara, CF Industries, Nutrien, and others engaging in strategic expansions, mergers, and acquisitions to maintain market share and expand their geographical reach. Growth will also be influenced by regional variations in agricultural practices, industrial development, and regulatory frameworks. While some regions, particularly in Asia-Pacific, show stronger growth potential due to rapid industrialization and agricultural expansion, others might experience more moderate growth due to maturity of the market or stricter environmental regulations. The competitive landscape of the ammonia market is characterized by a blend of established multinational corporations and regional players. The larger companies often possess significant production capacity and global distribution networks, enabling them to leverage economies of scale and supply ammonia to various regions. Regional players, however, often cater to specific local markets and can demonstrate greater agility in responding to localized demand fluctuations. Strategic alliances, collaborations, and technological innovations are key competitive factors, with companies constantly striving to enhance their production efficiency, reduce emissions, and develop new applications for ammonia. Price fluctuations in raw materials, particularly natural gas (a major feedstock for ammonia production), can significantly influence profitability and market dynamics. Furthermore, shifts in government policies, environmental regulations, and international trade agreements can also create both opportunities and challenges for companies operating within this market.

In Q3 2025, North America, the Ammonium Nitrate Price Index fell by 0.52% quarter-over-quarter, reflecting stable environment. Check detailed insights for Europe and APAC.

Urea fell to 355 USD/T on December 1, 2025, down 2.07% from the previous day. Over the past month, Urea's price has fallen 11.47%, but it is still 13.87% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urea.

The global green ammonia market size has grown to a value of more than 3.51 Million Tons in 2024. It is expected to expand further at a CAGR of roughly 58.30% in the forecast period of 2025-2034. The market value will reach around 346.83 Million Tons by 2034.

The Indonesian ammonia market stood at $2.4B in 2024, almost unchanged from the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $2.5B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Discover the latest market analysis on Aqua Ammonia, projected to reach $776 million by 2033 with a CAGR of 1.5%. Explore key drivers, trends, restraints, and regional market share insights from this in-depth report covering major players like Yara and CF Industries. Learn about applications in agriculture, pharmaceuticals, and more.

Ammonia Market Outlook

According to our latest research, the Global Ammonia Market size was valued at $73.5 billion in 2024 and is projected to reach $112.4 billion by 2033, expanding at a CAGR of 4.9% during 2024–2033. The primary driver for this robust growth is the surging demand for ammonia-based fertilizers, which remains critical to supporting the world’s rising food production needs. As population growth and dietary shifts continue to pressure agricultural output, ammonia’s role as a core ingredient in nitrogen-based fertilizers ensures its indispensable position in global supply chains. Additionally, the market is witnessing diversification with increased utilization in refrigeration, pharmaceuticals, and water treatment, further strengthening its long-term outlook.

Regional Outlook

The Asia Pacific region commands the largest share of the global ammonia market, accounting for over 55% of total consumption in 2024. This dominance is attributed to the region’s massive agricultural sector, particularly in countries like China and India, where ammonia-based fertilizers are pivotal for crop yield maximization. The presence of numerous large-scale fertilizer manufacturing facilities, coupled with supportive government policies aimed at achieving food security, has cemented Asia Pacific’s leadership. Moreover, ongoing investments in infrastructure and the expansion of the chemicals sector further bolster market growth. The region’s established logistics networks and competitive production costs also contribute to its preeminent position in the ammonia industry.

Meanwhile, Latin America is projected to be the fastest-growing region with a CAGR exceeding 6.2% through 2033. This rapid expansion is driven by increasing agricultural activities, particularly in Brazil and Argentina, where the adoption of advanced farming practices is fueling demand for high-quality fertilizers. The region is also witnessing significant investments in ammonia production capacity and supply chain enhancements to reduce dependency on imports. Additionally, initiatives to modernize refrigeration and water treatment infrastructure are opening new avenues for ammonia utilization. International partnerships and technology transfers are further accelerating market penetration, making Latin America a focal point for future growth in the ammonia sector.

Emerging economies across Africa and Southeast Asia are showing promising potential, although adoption rates are tempered by infrastructural challenges and limited access to advanced production technologies. In these regions, localized demand for ammonia is primarily driven by the need to boost agricultural productivity and improve water treatment capabilities. However, inconsistent regulatory frameworks and volatile raw material prices pose hurdles to market expansion. Governments are increasingly recognizing the strategic importance of ammonia, leading to targeted policy reforms and public-private partnerships aimed at fostering domestic production. Over the forecast period, these efforts are expected to yield gradual but steady gains in ammonia adoption, particularly as global sustainability initiatives gain traction.

Report Scope