(Page 1) EuroChem launches phosphate-fertilizer manufacturing complex in Brazil March 14, 2024 — EuroChem Group (Zug, Switzerland; www.eurochemgroup.com) opened a new fertilizer-production facility in Serra do
Ammonia Market to Hit USD 110 93 Billion by 2028 | EuroChem Group Inaugurates New NH3 Production Plant in Russia – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
Companies covered in ammonia market are Yara International ASA (Oslo, Norway), China National Petroleum Corporation (Beijing, China), Koch Fertilizer, LLC.
COVID-19 Impact
The widespread disruptions caused to fertilizer supply chains amid the COVID-19 pandemic have deeply affected the ammonia market growth. Compounding this is the growing inaccessibility to raw materials and other agriculture inputs for farmers, worsened by trade and travel restrictions, sudden imposition of lockdowns, and falling demand. As a result, the market displayed a decline of
4.8% in 2020.
Segmentation
Based on application, the market is segmented into fertilizers, textiles, refrigeration, pharmaceuticals, household & industrial cleaning, and others. The textile segment held a share of
10.93% in the US market in 2020. Based on geography, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
COVID-19 Impact
The widespread disruptions caused to fertilizer supply chains amid the COVID-19 pandemic have deeply affected the ammonia market growth. Compounding this is the growing inaccessibility to raw materials and other agriculture inputs for farmers, worsened by trade and travel restrictions, sudden imposition of lockdowns, and falling demand. As a result, the market displayed a decline of
4.8% in 2020.
Segmentation
Based on application, the market is segmented into fertilizers, textiles, refrigeration, pharmaceuticals, household & industrial cleaning, and others. The textile segment held a share of
10.93% in the US market in 2020. Based on geography, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.