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Ammonium Nitrate Market Size and Share Forecast Analysis, Top Key Players, Latest Developments, Growth Factors till 2021 to 2025
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SELBYVILLE, Del., Dec. 10, 2020 /PRNewswire/ Based on Global Market Insights Inc. s report, the global Ammonium Nitrate Market was estimated at $17 billion in 2019 and is slated to surpass
$19 billion by 2026, registering a
CAGR of 3.8% from 2020 to 2026. The report gives a complete analysis of the top winning strategies, drivers & opportunities, market estimations as well as size, top investment avenues, wavering industry trends, and competitive scenarios.
The ammonium nitrate solution in the segment is likely to witness a 3.5% CAGR by 2026 in ammonium nitrate market share, owing to its cost-effective nature, and convenience in quality, and range of temperature over long-distance transportation. The product is suitable to produce emulsion matrix and fertilizers. ANS provides strict process control, which results in excellent purity and pH. These products can t be stored for a longer period of time due to their tendency to absorb moisture from the air, which makes i