The Italy Ammonia market demand stood at roughly 450 thousand tonnes in 2023 and is expected to grow at a CAGR of 3.2% during the forecast period until 2034.
Ammonia serves as a crucial element in fertilizer production and is typically produced from nitrogen and hydrogen through the Haber-Bosch process. Beyond its role in fertilizer manufacturing, ammonia serves various other essential purposes. It plays a pivotal function as an efficient and eco-friendly refrigerant, essential for preserving and processing food. Moreover, ammonia is extensively utilized in the textile sector for tanning processes and dye synthesis, aiding in fabric colouring and synthetic fabric production. Its versatility also extends to cleaning products, where it is incorporated into detergent formulations. Additionally, ammonia finds application in the production of explosives and pesticides, supporting both industrial and agricultural requirements. In the pharmaceutical industry, ammonia holds significance, especially in manufacturing Active Pharmaceutical Ingredients (APIs) and drugs.
In Italy, the Ammonia market is poised for moderate growth primarily driven by its usage in fertilizer production. The expansion of the fertilizer market is propelled by factors such as the increase in population and escalating food demand. These trends contribute to the heightened adoption of ammonia fertilizers, thereby fostering market growth. Ammonia is widely utilized in large-scale refrigeration plants and is accessible in various forms, including liquid and gas. Apart from its crucial role in agriculture, ammonia is extensively used in large-scale refrigeration plants as an efficient and eco-friendly refrigerant, available in liquid and gas forms. Its versatility extends to various industries, including chemicals, cleaning agents, and pharmaceuticals, making ammonia a key component in supporting industrial processes and sectors across Italy. Owing to these reasons, Italy Ammonia market is likely to reach roughly 635 thousand tonnes in 2034.
Based on the end-user industry, the Italy Ammonia market is segmented into Agriculture & Fertilizers, Textiles & Pharmaceutical, Explosives, Refrigeration, and Others. As of 2023, the Solvent Industry dominates Ammonia consumption, holding a significant market share of 60%.
Players in the Italy Ammonia market is Yara Italia SpA. Other players in the global Ammonia market are Acro Group, CF Industries, EuroChem Group, Indian Farmers Fertiliser Co-operative Limited (IFFCO), Jinmei Group, Nutrien, Parsian Oil and Gas Development Group Co., PetroChina Group, Qatar Fertilizer Co (QAFCO), TogliattiAzot, Yangmei Group, Yihua Group, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Italy Ammonia which covers production, demand and supply of Ammonia market in Italy.
• To analyse and forecast the market size of Italy Ammonia
• To classify and forecast Italy Ammonia market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ammonia market in Italy.
To extract data for Italy Ammonia market, primary research surveys were conducted with Ammonia manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Italy Ammonia market over the coming years.
ChemAnalyst calculated Ammonia demand across the Italy region by analysing the volume of Ammonia consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ammonia manufacturers and other stakeholders
• Organizations, forums and alliances related to Ammonia distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ammonia manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Italy Ammonia market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
450 thousand tonnes
Market size Volume by 2034
635 thousand tonnes
Growth Rate
CAGR of 3.2% from 2024 to 2034
Base year
2023
Estimated Year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Agriculture & Fertilizers, Textiles & Pharmaceutical, Explosives, Refrigeration, and Others)
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the size of Italy Ammonia market in terms of volume in 2023?
Ans:
The size of Italy Ammonia market has grown significantly in the historic period and reached approximately 450 thousand tonnes in 2023.
Q2.
Which industry is leading as the leading consumer of Ammonia?
Ans:
Agriculture & Fertilizers industry is the leading consumer of Ammonia.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database) Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.