The Malaysia Ammonia market demand stood at 850 thousand tonnes in 2023 and is likely to expand at a CAGR of 3.55% during the forecast period until 2034.
Ammonia, known for its colourless gas and distinctive odour, is primarily manufactured at an industrial scale through the Haber Process. It is mainly used as a crucial raw material for the production of nitrogen fertilizers, essential for fostering plant growth in agriculture. Beyond its agricultural applications, ammonia finds diverse utility across various industries. It is integral to air conditioner refrigeration systems, contributing to the cooling process. Its involvement in detergent formulations highlights its role in cleaning products, while its presence in explosives and pesticides underscores its significance in industrial and agricultural sectors, respectively. Notably, the textile industry extensively relies on ammonia, utilizing liquid ammonia in the synthesis of dyes for textile colouring. Ammonia plays a crucial role in the production of synthetic fabrics, with ammonia solution facilitating the achievement of a wide range of colours in fabric dyeing processes.
The Malaysia Ammonia Market is poised for substantial growth in the forecast period, driven by various factors. One significant driver is the rising production of fertilizers among farmers in the country. As the agricultural sector focuses on improving crop yield and ensuring food security, there is an augmented adoption of ammonia-based fertilizers, leveraging the nitrogen content crucial for plant growth. This trend aligns with the agricultural community's efforts to enhance productivity and meet the growing demands of a burgeoning population. Furthermore, the chemicals sector plays a pivotal role in propelling the ammonia market forward. Industries engaged in the production of chemicals recognize ammonia as a valuable raw material, driving its consumption. In addition to its role in agriculture and chemicals, ammonia is gaining prominence as a refrigerant of choice, especially in the context of eco-friendly refrigeration methods. The global push towards sustainability and environmental consciousness has led to a preference for refrigerants with lower environmental impact, and ammonia fits this criterion. As industries and businesses shift towards sustainable practices, the demand for ammonia as a refrigerant is expected to witness an upsurge. Owing to these factors, Malaysia Ammonia market is likely to reach roughly 1250 thousand tonnes in 2034.
Based on the end-user industry, the Malaysia Ammonia market is segmented into Agriculture & Fertilizers, Textiles & Pharmaceutical, Explosives, Refrigeration, and Others. Within these sectors, the Agriculture & Fertilizers industry commands the highest market share, closely followed by the Textiles & Pharmaceutical industry. As of 2023, the Agriculture & Fertilizers industry secured a market share of approximately 53%.
Main players in Malaysia Ammonia market are Teknogas (M) Sdn Bhd and Petronas Chemicals Marketing Labuan Ltd. Main players in the Global Ammonia market are Indian Farmers Fertiliser Co-operative Limited (IFFCO), Yangmei Group, TogliattiAzot, Nutrien, EuroChem Group, Acro Group, PetroChina Group, Yihua Group, Qatar Fertilizer Co (QAFCO), Parsian Oil and Gas Development Group Co., Jinmei Group, CF Industries, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Malaysia Ammonia which covers production, demand and supply of Ammonia market in Malaysia.
• To analyse and forecast the market size of Malaysia Ammonia
• To classify and forecast Malaysia Ammonia market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ammonia market in Malaysia.
To extract data for Malaysia 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 Malaysia Ammonia market over the coming years.
ChemAnalyst calculated Ammonia demand across the Malaysia 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 ass 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, Malaysia 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
850 thousand tonnes
Market size Volume by 2034
1250 thousand tonnes
ChGrowth Rate
CAGR of 3.55% 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
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What was the size of Malaysia Ammonia market in terms of volume in 2023?
Ans:
The size of Malaysia Ammonia market has grown significantly and reached approximately 850 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.
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