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TechSci Research 2020-07-31
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Increasing demand from Fertilizers, Chemicals to drive growth of Global Ammonia market through 2025.According to TechSci Research report, “Global Ammonia Market By Grade,  By Application, By Manufacturing Process, By Region, Competition, Forecast & Opportunities, 2025”, the global ammonia market is forecast to reach $ 68 billion by 2025 owing to increasing demand from chemicals, fertilizers and pharmaceutical industries.

Growing global fertilizer industry is expected to continue augmenting demand for ammonia over the next five years.

However, global lockdown due to onset of COVID-19 has resulted in disruptions in the entire supply chain and decline in demand across major end use applications, globally, which is expected to negatively affect ammonia consumption in 2020.Browse 111 market data Figures spread through 110 Pages and an in-depth TOC on "Global Ammonia Market"https://www.techsciresearch.com/report/ammonia-market/4745.html The global ammonia market is segmented based on grade, application, manufacturing process, and region.

Fertilizers segment is expected to continue its dominance during the forecast period since nitrogen based products are abundantly used in agriculture sector, globally.

Region wise, APAC is likely to dominate the global ammonia market over the next five years, majorly due to high consumption in China and India.Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4745Customers can also request for 10% free customization on this report.COVID-19 pandemic is having a significant impact on the global demand scenario for ammonia, at least in the near term.

Market growth is anticipated on account of growing agriculture sector, majorly in Asia-Pacific, which will result in higher consumption of fertilizers, and consequently ammonia in the foreseeable future.

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TechSci Research 2020-07-31
img

Increasing demand from Fertilizers, Chemicals to drive growth of Global Ammonia market through 2025.According to TechSci Research report, “Global Ammonia Market By Grade,  By Application, By Manufacturing Process, By Region, Competition, Forecast & Opportunities, 2025”, the global ammonia market is forecast to reach $ 68 billion by 2025 owing to increasing demand from chemicals, fertilizers and pharmaceutical industries.

Growing global fertilizer industry is expected to continue augmenting demand for ammonia over the next five years.

However, global lockdown due to onset of COVID-19 has resulted in disruptions in the entire supply chain and decline in demand across major end use applications, globally, which is expected to negatively affect ammonia consumption in 2020.Browse 111 market data Figures spread through 110 Pages and an in-depth TOC on "Global Ammonia Market"https://www.techsciresearch.com/report/ammonia-market/4745.html The global ammonia market is segmented based on grade, application, manufacturing process, and region.

Fertilizers segment is expected to continue its dominance during the forecast period since nitrogen based products are abundantly used in agriculture sector, globally.

Region wise, APAC is likely to dominate the global ammonia market over the next five years, majorly due to high consumption in China and India.Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4745Customers can also request for 10% free customization on this report.COVID-19 pandemic is having a significant impact on the global demand scenario for ammonia, at least in the near term.

Market growth is anticipated on account of growing agriculture sector, majorly in Asia-Pacific, which will result in higher consumption of fertilizers, and consequently ammonia in the foreseeable future.