Global Aqua Ammonia
Market Report
2025
The global Aqua Ammonia market size is USD 612.5 million in 2024. The increased utilization for explosive production is expected to boost sales to USD 779.27 million by 2031, with a Compound Annual Growth Rate (CAGR) of 3.50% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Aqua Ammonia market size will be USD 612.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.50% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Aqua Ammonia Market Sales Revenue | $ 592.435 Million | $ 648.848 Million | $ 778.302 Million | 2.3% |
North America Aqua Ammonia Market Sales Revenue | $ 134.483 Million | $ 145.182 Million | $ 170.752 Million | 2.048% |
United States Aqua Ammonia Market Sales Revenue | $ 109.245 Million | $ 115.176 Million | $ 131.736 Million | 1.693% |
Canada Aqua Ammonia Market Sales Revenue | $ 14.143 Million | $ 16.771 Million | $ 20.924 Million | 2.804% |
Mexico Aqua Ammonia Market Sales Revenue | $ 11.095 Million | $ 13.235 Million | $ 18.092 Million | 3.985% |
Europe Aqua Ammonia Market Sales Revenue | $ 107.231 Million | $ 116.22 Million | $ 137.107 Million | 2.087% |
United Kingdom Aqua Ammonia Market Sales Revenue | $ 18.989 Million | $ 21.595 Million | $ 27.685 Million | 3.154% |
France Aqua Ammonia Market Sales Revenue | $ 14.654 Million | $ 15.558 Million | $ 17.743 Million | 1.656% |
Germany Aqua Ammonia Market Sales Revenue | $ 25.504 Million | $ 27.544 Million | $ 32.083 Million | 1.925% |
Italy Aqua Ammonia Market Sales Revenue | $ 10.363 Million | $ 10.789 Million | $ 12.069 Million | 1.411% |
Russia Aqua Ammonia Market Sales Revenue | $ 8.072 Million | $ 8.584 Million | $ 9.516 Million | 1.297% |
Spain Aqua Ammonia Market Sales Revenue | $ 6.584 Million | $ 6.861 Million | $ 7.541 Million | 1.187% |
Rest of Europe Aqua Ammonia Market Sales Revenue | $ 7.088 Million | $ 8.352 Million | $ 11.142 Million | 3.668% |
Luxembourg Aqua Ammonia Market Sales Revenue | $ 3.73 Million | $ 3.977 Million | $ 4.799 Million | 2.374% |
Sweden Aqua Ammonia Market Sales Revenue | $ 5.356 Million | $ 5.706 Million | $ 6.224 Million | 1.093% |
Denmark Aqua Ammonia Market Sales Revenue | $ 3.392 Million | $ 3.56 Million | $ 4.054 Million | 1.638% |
Switzerland Aqua Ammonia Market Sales Revenue | $ 3.499 Million | $ 3.693 Million | $ 4.251 Million | 1.775% |
Asia Pacific Aqua Ammonia Market Sales Revenue | $ 263.633 Million | $ 287.44 Million | $ 334.67 Million | 1.92% |
China Aqua Ammonia Market Sales Revenue | $ 92.008 Million | $ 100.818 Million | $ 118.808 Million | 2.074% |
Japan Aqua Ammonia Market Sales Revenue | $ 53.307 Million | $ 57.493 Million | $ 63.586 Million | 1.267% |
India Aqua Ammonia Market Sales Revenue | $ 27.447 Million | $ 30.853 Million | $ 38.53 Million | 2.817% |
South Korea Aqua Ammonia Market Sales Revenue | $ 21.043 Million | $ 22.606 Million | $ 25.988 Million | 1.758% |
Australia Aqua Ammonia Market Sales Revenue | $ 19.472 Million | $ 20.476 Million | $ 23.362 Million | 1.661% |
Rest of APAC Aqua Ammonia Market Sales Revenue | $ 18.11 Million | $ 19.936 Million | $ 24.23 Million | 2.469% |
South East Asia Aqua Ammonia Market Sales Revenue | $ 14.848 Million | $ 16.635 Million | $ 19.75 Million | 2.169% |
Singapore Aqua Ammonia Market Sales Revenue | $ 9.227 Million | $ 9.845 Million | $ 11.044 Million | 1.447% |
Taiwan Aqua Ammonia Market Sales Revenue | $ 8.173 Million | $ 8.778 Million | $ 9.371 Million | 0.82% |
South America Aqua Ammonia Market Sales Revenue | $ 27.844 Million | $ 29.816 Million | $ 34.198 Million | 1.729% |
Brazil Aqua Ammonia Market Sales Revenue | $ 11.385 Million | $ 12.389 Million | $ 14.482 Million | 1.971% |
Argentina Aqua Ammonia Market Sales Revenue | $ 3.964 Million | $ 4.262 Million | $ 4.962 Million | 1.92% |
Colombia Aqua Ammonia Market Sales Revenue | $ 2.889 Million | $ 3.125 Million | $ 3.762 Million | 2.346% |
Peru Aqua Ammonia Market Sales Revenue | $ 2.415 Million | $ 2.539 Million | $ 2.809 Million | 1.269% |
Chile Aqua Ammonia Market Sales Revenue | $ 2.039 Million | $ 2.133 Million | $ 2.388 Million | 1.422% |
Rest of South America Aqua Ammonia Market Sales Revenue | $ 5.151 Million | $ 5.368 Million | $ 5.795 Million | 0.961% |
Middle East Aqua Ammonia Market Sales Revenue | $ 24.29 Million | $ 27.664 Million | $ 34.946 Million | 2.964% |
Egypt Aqua Ammonia Market Sales Revenue | $ 2.696 Million | $ 3.006 Million | $ 3.669 Million | 2.524% |
Turkey Aqua Ammonia Market Sales Revenue | $ 4.737 Million | $ 5.284 Million | $ 6.515 Million | 2.65% |
Rest of Middle East Aqua Ammonia Market Sales Revenue | $ 1.287 Million | $ 1.564 Million | $ 2.1 Million | 3.752% |
Saudi Arabia Aqua Ammonia Market Sales Revenue | $ 9.303 Million | $ 10.512 Million | $ 13.07 Million | 2.759% |
UAE Aqua Ammonia Market Sales Revenue | $ 4.712 Million | $ 5.511 Million | $ 7.313 Million | 3.6% |
Qatar Aqua Ammonia Market Sales Revenue | $ 1.555 Million | $ 1.787 Million | $ 2.28 Million | 3.092% |
Africa Aqua Ammonia Market Sales Revenue | $ 34.954 Million | $ 42.526 Million | $ 66.629 Million | 5.773% |
South Africa Aqua Ammonia Market Sales Revenue | $ 14.401 Million | $ 17.917 Million | $ 29.203 Million | 6.297% |
Nigeria Aqua Ammonia Market Sales Revenue | $ 10.626 Million | $ 13.101 Million | $ 20.97 Million | 6.056% |
Rest of Africa Aqua Ammonia Market Sales Revenue | $ 9.927 Million | $ 11.508 Million | $ 16.456 Million | 4.572% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Grade |
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Market Split by End-Use Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Aqua Ammonia Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Aqua ammonia, or ammonium hydroxide, is a solution that is produced when ammonia gas (NH3) is dissolved in water (H2O). It is a chemical compound that is commonly found in a variety of domestic and commercial applications. The concentration of ammonia in aqua ammonia solutions can vary from 5% to 30%, contingent upon their intended application. Aqua ammonia must be stored in a well-ventilated, frigid area, free from incompatible materials. Ammonia gas should be stored in containers that are tightly sealed to prevent it from escaping. Sustainability is increasingly significant in the chemical industry. Businesses may employ environmentally favorable production techniques, sustainable procurement methods, and waste reduction strategies to manufacture aqua ammonia. The utilization of aqua ammonia in water treatment procedures may be affected by the increasing emphasis on water quality and the development of environmental restrictions.
April 2023: Sinopec became the initial Asian customer to participate in the eastern expansion of Qatar's North Field liquefied natural gas project following the conclusion of a contract between Sinopec and QatarEnergy. Sinopec would hold a 5% stake in an LNG train that produces 8 million tonnes annually (Source: https://jpt.spe.org/sinopec-wins-equity-stake-in-qatars-north-field-east-lng-expansion)
Aqua ammonia is critical to the production of fertilizers that have a nitrogen foundation since it is a key component. One of these factors is the increasing need for fertilizers that has arisen as a consequence of greater crop yields and increased agricultural output on a global scale. In the agricultural industry, it is commonly used as a source of ammonia for the production of fertilizers. There is a possibility that the market for aqua ammonia might be influenced by agricultural developments like as precision farming and the focus placed on boosting crop yields.
Ammonia is becoming increasingly necessary in fertilizers and refrigerants. NH3 fertilizers are in high demand due to the increasing global population, increasing food demands, and a decrease in arable land. Consequently, the market will expand. Ammonia is frequently utilized in large-scale refrigeration facilities, and it is available in both liquid and gaseous forms. It is firmly advised due to its considerable cost savings of 10–20% over systems that utilize CFCs. Furthermore, the substance is considered a natural refrigerant due to its lack of direct contribution to ozone depletion or greenhouse gas emissions. Furthermore, NH3 possesses favorable thermodynamic properties that enable it to produce refrigeration with minimal energy input. During the anticipated period, these factors are expected to stimulate the growth of the product market.
Exposure to excessive quantities of aqua ammonia can be hazardous due to its caustic nature. It has the ability to cause irritation to the skin, eyes, and respiratory system. It is imperative to implement suitable safety measures, including the use of personal protective equipment, when working with aqua ammonia. Extreme caution is required when handling and storing aqua ammonia due to its caustic nature. Proper storage conditions, such as well-ventilated chambers and secure containers, can prevent accidents. Therefore, it is anticipated that these factors will impede the expansion of the aqua ammonia market during the forecast period.
The worldwide COVID-19 pandemic has been unprecedented and devastating, with demand across all areas falling below pre-pandemic levels. Due to market expansion and demand reverting to pre-pandemic levels, CAGR rose suddenly. The worldwide epidemic has disrupted global supply chains in several industries. Movement restrictions, lockdowns, and additional measures have disrupted chemical manufacture, distribution, and transportation, which may impair Aqua Ammonia's supply. Chemical demand has fluctuated throughout the outbreak. Due to changing priorities and economic instability, Aqua Ammonia demand may have shifted in water treatment and agriculture (for fertilizers).
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Major industrial actors shape client preferences and market dynamics. Through their massive retail networks and online platforms, these large companies provide shoppers a wide range of apparel options. Product adoption has risen due to their global presence and well-known brand, which has strengthened customer confidence and loyalty. These industrial giants spend R&D to deliver aqua ammonia cutting-edge designs, materials, and innovative features to satisfy evolving client needs.
March 2024: BASF will sell ammonia, methanol, and melamine facilities in Ludwigshafen to International Process facilities (IPP). These units are accessible while BASF adapts Ludwigshafen to the changing European market. BASF will continue manufacturing methanol and ammonia separately in Ludwigshafen. (Source: https://www.basf.com/global/en/media/news-releases/2024/05/p-24-196) August 2023: In India, Yara International, a prominent global producer of fertilizers and related products, has inaugurated a new aqua ammonia production facility. This investment confirms Yara's dedication to the expanding Asian market and underscores the company's faith in the future of aqua ammonia as a sustainable and environmentally favorable fertilizer production solution. (Source: https://yara.com/corporate-releases/yara-opens-renewable-hydrogen-plant-a-major-milestone/)
Top Companies Market Share in Aqua Ammonia Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. This is a result of the growing demand for ammonia in refrigerants and fertilizers. Some of the primary factors that contribute to the growth of the NH3 fertilizer market are the increasing population, the increasing demand for food, and the decreased availability of agricultural land.
Asia Pacific stands out as the fastest-growing region in the Aqua Ammonia market. Various compounds, such as ammonium sulfate, nitric acid, and a variety of plastics and polymers, are produced using it as a substrate, which propels its growth in this region. It is a highly sought-after refrigerant in industrial systems because of its exceptional chilling capabilities and minimal environmental impact.
The current report Scope analyzes Aqua Ammonia Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Aqua Ammonia market size was estimated at USD 612.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 245.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.
According to Cognitive Market Research, the global Aqua Ammonia market size was estimated at USD 612.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 183.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.0% from 2024 to 2031.
According to Cognitive Market Research, the global Aqua Ammonia market size was estimated at USD 612.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 140.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
According to Cognitive Market Research, the global Aqua Ammonia market size was estimated at USD 612.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 30.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031. .
According to Cognitive Market Research, the global Aqua Ammonia market size was estimated at USD 612.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 12.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031..
Global Aqua Ammonia Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aqua Ammonia Industry growth. Aqua Ammonia market has been segmented with the help of its Grade, End-Use Industry , and others. Aqua Ammonia market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Aqua Ammonia Market?
According to Cognitive Market Research, Electronic Grade stands out as the dominant category over the projected period. The purest form of aqua ammonia is that which has been electronically graded. It has the potential to be employed in the electronics industry due to its exceptionally low impurity levels, which can affect the functionality of electronic components even in minute dosages.
Pharma Grade emerges as the fastest-growing category in the Aqua Ammonia market. A higher level of purity is employed in the production of Pharma-grade Aqua Ammonia to meet the rigorous requirements of pharmaceutical and biotechnology applications. It is subjected to more stringent quality control procedures to guarantee that it satisfies the necessary standards for pharmaceutical use.
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According to Cognitive Market Research, the dominant category is Pulp and Paper. Aqua ammonia is utilized in a variety of capacities within the pulp and paper industry, thereby facilitating the production of superior paper products. Its significance in the assuring of efficiency and quality in paper manufacturing is underscored by its function in processes such as pulping and pH control.
The fastest-growing category in the Aqua Ammonia market is Agriculture Industry. Aqua ammonia is essential in the agricultural sector, as it provides a precise nitrogen application that optimizes crop production. It is an indispensable instrument for sustainable and efficient agricultural practices, as it enables farmers to prevent nutrient losses.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Grade | Industrial Grade, Electronic Grade, Pharma Grade, Others |
End-Use Industry | Agriculture, Pharmaceutical, Leather, Pulp and Paper, Rubber, Others |
List of Competitors | Kemerovo JSC Azot (Russia), Sinopec (China), CF Industries (U.S.), Uralchem (Moscow), BASF (Germany), PotashCorp (Canada), Yara (Norway), Agrium (Canada), Chemchina (China), QAFCO (Qatar), Eurochem (Switzerland), OCI Nitrogen (The Netherlands) |
This chapter will help you gain GLOBAL Market Analysis of Aqua Ammonia. Further deep in this chapter, you will be able to review Global Aqua Ammonia Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Aqua Ammonia. Further deep in this chapter, you will be able to review North America Aqua Ammonia Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Aqua Ammonia. Further deep in this chapter, you will be able to review Europe Aqua Ammonia Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Aqua Ammonia. Further deep in this chapter, you will be able to review Asia Pacific Aqua Ammonia Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Aqua Ammonia. Further deep in this chapter, you will be able to review South America Aqua Ammonia Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Aqua Ammonia. Further deep in this chapter, you will be able to review Middle East Aqua Ammonia Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Aqua Ammonia. Further deep in this chapter, you will be able to review Middle East Aqua Ammonia Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Aqua Ammonia. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Grade Analysis 2019 -2031, will provide market size split by Grade. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Grade Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End-Use Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aqua Ammonia market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Industrial Grade have a significant impact on Aqua Ammonia market? |
What are the key factors affecting the Industrial Grade and Electronic Grade of Aqua Ammonia Market? |
What is the CAGR/Growth Rate of Agriculture during the forecast period? |
By type, which segment accounted for largest share of the global Aqua Ammonia Market? |
Which region is expected to dominate the global Aqua Ammonia Market within the forecast period? |