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Ammonium Nitrate Market Size, Share & Trends Analysis Report by Application (Fertilizers, Explosives, Others), and Region (North America, Asia-Pacific, Europe, Latin America, Middle East & Africa) with Growth Forecasts, 2026-2033

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  • 80 Pages
  • December 2025
  • Region: Global
  • Grand View Research
  • ID: 6111327
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Description Jump to:
The global ammonium nitrate market size was estimated at USD 6.18 billion in 2025 and is projected to reach USD 8.25 billion by 2033, growing at a CAGR of 3.7% from 2026 to 2033. Market growth is primarily driven by rising demand for high-nitrogen fertilizers to enhance agricultural productivity amid growing food security concerns.

Within the broader product landscape, products linked to the calcium and urea ammonium nitrate industry, and limestone ammonium nitrate LAN market continue to support overall demand due to their wide usage in modern farming practices. In addition, increasing mining and construction activities, particularly in developing economies, are driving product consumption for explosives applications. The global market presents strong growth opportunities, supported by the rising need for efficient and sustainable fertilizer solutions. Advances in fertilizer formulations and application technologies relevant across the urea ammonium nitrate industry and other derivatives are improving nutrient efficiency and safety. At the same time, expanding mining operations and large-scale infrastructure projects in the Asia-Pacific, Latin America, and Africa are expected to reinforce long-term demand for ammonium nitrate-based blasting agents, further strengthening market growth.

Despite its extensive applications, the global market faces challenges from stringent regulations related to production, storage, and transportation, driven by safety and security concerns. Environmental issues such as nitrogen runoff and groundwater contamination are also influencing usage patterns, including those associated with the limestone ammonium nitrate (LAN) market. Moreover, fluctuations in raw material prices and geopolitical instability in key producing regions can affect supply chains and pricing dynamics across the market.

Global Ammonium Nitrate Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. The report has segmented the global ammonium nitrate market report based on application and region:
  • Application Outlook (Volume, Kilotons, Revenue, USD Million, 2021-2033)
  • Fertilizers
  • Explosives
  • Others
  • Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2021-2033)
  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • Latin America

Why You Should Buy This Report

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Substrates & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. List of Data Substrates
Chapter 2. Executive Summary
2.1. Market Outlook, 2025 (USD Million) (Kilotons)
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Ammonium Nitrate Market Variables, Trends & Scope
3.1. Market Lineage/Ancillary Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Sales Channel Analysis
3.2.2. Manufacturing Trends/Technological Advancements
3.2.3. Raw Material Trends
3.3. Price Trend Analysis, 2021-2033
3.3.1. Factors Influencing Prices
3.4. Regulatory Framework
3.4.1. Analyst Perspective
3.4.2. Regulations & Standards
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Opportunities
3.5.4. Industry Challenges
3.6. Business Environmental Tools Analysis: Ammonium Nitrate Market
3.6.1. Porter’s Five Forces Analysis
3.6.1.1. Bargaining Power of Suppliers
3.6.1.2. Bargaining Power of Buyers
3.6.1.3. Threat of Substitution
3.6.1.4. Threat of New Entrants
3.6.1.5. Competitive Rivalry
3.6.2. PESTLE Analysis
3.6.2.1. Political Landscape
3.6.2.2. Economic Landscape
3.6.2.3. Social Landscape
3.6.2.4. Product Landscape
3.6.2.5. Environmental Landscape
3.6.2.6. Legal Landscape
Chapter 4. Ammonium Nitrate Market: Application Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Application Movement Analysis & Market Share, 2025 & 2033
4.3. Global Ammonium Nitrate Market By Application, 2021-2033 (USD Million) (Kilotons)
4.4. Fertilizers
4.5. Ammonium Nitrate Market Estimates And Forecasts, for Fertilizers, 2021-2033 (USD Million) (Kilotons)
4.6. Explosives
4.7. Ammonium Nitrate Market Estimates And Forecasts, for Explosives, 2021-2033 (USD Million) (Kilotons)
4.8. Others
4.9. Ammonium Nitrate Market Estimates And Forecasts, for Others, 2021-2033 (USD Million) (Kilotons)
Chapter 5. Ammonium Nitrate Market: Regional Estimates & Trend Analysis
5.1. Key Takeaways
5.2. Regional Market Share Analysis, 2025 & 2033
5.3. North America
5.3.1. North America Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.3.2. North America Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.3.3. U.S.
5.3.3.1. U.S. Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.3.3.2. U.S. Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.3.4. Canada
5.3.4.1. Canada Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.3.4.2. Canada Ammonium Nitrate Market Estimates And Forecasts, Application, 2021-2033 (USD Million) (Kilotons)
5.3.5. Mexico
5.3.5.1. Mexico Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.3.5.2. Mexico Ammonium Nitrate Market Estimates And Forecasts, Application, 2021-2033 (USD Million) (Kilotons)
5.4. Europe
5.4.1. Europe Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.4.2. Europe Ammonium Nitrate Market Estimates And Forecasts, Application, 2021-2033 (USD Million) (Kilotons)
5.4.3. Germany
5.4.3.1. Germany Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.4.3.2. Germany Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.4.4. UK
5.4.4.1. UK Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.4.4.2. UK Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.4.5. France
5.4.5.1. France Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.4.5.2. France Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.4.6. Italy
5.4.6.1. Italy Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.4.6.2. Italy Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.4.7. Spain
5.4.7.1. Spain Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.4.7.2. Spain Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.4.8. Ukraine
5.4.8.1. Ukraine Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.4.8.2. Ukraine Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.4.9. Poland
5.4.9.1. Poland Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.4.9.2. Poland Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.5. Asia-Pacific
5.5.1. Asia-Pacific Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.5.2. Asia-Pacific Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.5.3. China
5.5.3.1. China Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.5.3.2. China Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.5.4. Japan
5.5.4.1. Japan Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.5.4.2. Japan Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.5.5. India
5.5.5.1. India Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.5.5.2. India Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.5.6. South Korea
5.5.6.1. South Korea Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.5.6.2. South Korea Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.6. Middle East & Africa
5.6.1. Middle East & Africa Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.6.2. Middle East & Africa Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.6.3. South Africa
5.6.3.1. South Africa Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.6.3.2. South Africa Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.6.4. Saudi Arabia
5.6.4.1. Saudi Arabia Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.6.4.2. Saudi Arabia Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.6.5. Egypt
5.6.5.1. Egypt Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.6.5.2. Egypt Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.7. Latin America
5.7.1. Latin America Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.7.2. Latin America Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.7.3. Brazil
5.7.3.1. Brazil Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.7.3.2. Brazil Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
5.7.4. Argentina
5.7.4.1. Argentina Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
5.7.4.2. Argentina Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Chapter 6. Competitive Landscape
6.1. Key Players, their Recent Developments, and their Impact on Industry
6.2. Competition Categorization
6.3. Company Market Position Analysis
6.4. Company Heat Map Analysis
6.5. Strategy Mapping, 2025
6.6. Company Listing
6.6.1. Orica Limited
6.6.1.1. Company Overview
6.6.1.2. Financial Performance
6.6.1.3. Product Type Benchmarking
6.6.1.4. Strategic Initiatives
6.6.2. Incitec Pivot Limited
6.6.2.1. Company Overview
6.6.2.2. Financial Performance
6.6.2.3. Product Type Benchmarking
6.6.2.4. Strategic Initiatives
6.6.3. Neochim PLC
6.6.3.1. Company Overview
6.6.3.2. Financial Performance
6.6.3.3. Product Type Benchmarking
6.6.3.4. Strategic Initiatives
6.6.4. URALCHEM
6.6.4.1. Company Overview
6.6.4.2. Financial Performance
6.6.4.3. Product Type Benchmarking
6.6.4.4. Strategic Initiatives
6.6.5. San Corporation
6.6.5.1. Company Overview
6.6.5.2. Financial Performance
6.6.5.3. Product Type Benchmarking
6.6.5.4. Strategic Initiatives
6.6.6. CF Industries Holdings, Inc.
6.6.6.1. Company Overview
6.6.6.2. Financial Performance
6.6.6.3. Product Type Benchmarking
6.6.6.4. Strategic Initiatives
6.6.7. EuroChem Group AG
6.6.7.1. Company Overview
6.6.7.2. Financial Performance
6.6.7.3. Product Type Benchmarking
6.6.7.4. Strategic Initiatives
6.6.8. Austin Powder Company
6.6.8.1. Company Overview
6.6.8.2. Financial Performance
6.6.8.3. Product Type Benchmarking
6.6.8.4. Strategic Initiatives
6.6.9. Vijay Gas Industry P Ltd
6.6.9.1. Company Overview
6.6.9.2. Financial Performance
6.6.9.3. Product Type Benchmarking
6.6.9.4. Strategic Initiatives
6.6.10. OSTCHEM Holding
6.6.10.1. Company Overview
6.6.10.2. Financial Performance
6.6.10.3. Product Type Benchmarking
6.6.10.4. Strategic Initiatives
List of Tables
Table 1 Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 2 Ammonium Nitrate Market Estimates And Forecasts, by Region, 2021-2033 (USD Million) (Kilotons)
Table 3 North America Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 4 North America Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 5 U.S. Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 6 U.S. Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 7 Canada Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 8 Canada Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 9 Mexico Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 10 Mexico Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 11 Europe Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 12 Europe Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 13 Germany Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 14 Germany Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 15 UK Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 16 UK Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 17 France Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 18 France Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 19 Spain Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 20 Spain Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 21 Italy Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 22 Italy Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 23 Ukraine Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 24 Ukraine Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 25 Poland Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 26 Poland Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 27 Asia-Pacific Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 28 Asia-Pacific Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 29 China Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 30 China Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 31 Japan Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 32 Japan Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 33 India Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 34 India Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 35 South Korea Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 36 South Korea Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 37 Middle East & Africa Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 38 Middle East & Africa Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 39 South Africa Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 40 South Africa Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 41 Saudi Arabia Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 42 Saudi Arabia Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 43 Egypt Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 44 Egypt Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 45 Latin America Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 46 Latin America Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 47 Brazil Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 48 Brazil Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
Table 49 Argentina Ammonium Nitrate Market Estimates And Forecasts, 2021-2033 (USD Million) (Kilotons)
Table 50 Argentina Ammonium Nitrate Market Estimates And Forecasts, by Application, 2021-2033 (USD Million) (Kilotons)
List of Figures
Figure 1 Information Procurement
Figure 2 Primary Research Pattern
Figure 3 Primary Research Process
Figure 4 Market Research Approaches - Bottom-Up Approach
Figure 5 Market Research Approaches - Top-Down Approach
Figure 6 Market Research Approaches - Combined Approach
Figure 7 Market Snapshot
Figure 8 Segmental Outlook
Figure 9 Competitive Outlook
Figure 10 Ammonium Nitrate Market - Value Chain Analysis
Figure 11 Ammonium Nitrate Market - Sales Channel Analysis
Figure 12 Market Drivers Impact Analysis
Figure 13 Market Restraint Impact Analysis
Figure 14 Industry Analysis - PORTER'S
Figure 15 Industry Analysis - PESTEL
Figure 16 Substrate: Key Takeaways
Figure 17 Substrate: Market Share, 2025 & 2033
Figure 18 Application: Key Takeaways
Figure 19 Application: Market Share, 2025 & 2033
Figure 20 Region, 2025 & 2030, (USD Million) (Kilotons)
Figure 21 Regional Marketplace: Key Takeaways
Figure 22 Competition Categorization
Figure 23 Company Market Positioning
Figure 24 Strategy Mapping, 2025

Companies Mentioned

The companies profiled in this Ammonium Nitrate market report include:
  • Orica
  • Incitec Pivot Limited
  • Neochim PLC
  • URALCHEM
  • San Corporation
  • CF Industries Holdings, Inc.
  • EuroChem Group AG
  • Austin Powder Company
  • Vijay Gas Industry P Ltd.
  • OSTCHEM Holding

Table Information

Report AttributeDetails
No. of Pages80
PublishedDecember 2025
Forecast Period2025 - 2033
Estimated Market Value ( USD ) in 2025 $ 6.18 Billion
Forecasted Market Value ( USD ) by 2033 $ 8.25 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal
No. of Companies Mentioned11

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