Calcium Ammonium Nitrate Market Growth Analysis - Forecast Trends and Outlook (2025-2034)

The global calcium ammonium nitrate market is expected to grow at a CAGR of 6.20% in the forecast period of 2025-2034.

The Asia-Pacific to Provide Enhanced Growth Opportunities to the Calcium Ammonium Nitrate Industry

During the historical period, Europe held a significant share in the calcium ammonium nitrate industry. Europe is one of the major nitrate fertiliser manufacturers. The presence of major manufacturers in Europe, such as Yara International, Eurochem Group, and Helm AG, is expected to fuel the market in the near future. During the forecast period, the Asia-Pacific market is expected to grow at a significant rate. Rice, wheat, and maize are the main crops grown in the region. The calcium ammonium nitrate industry in the Asia-Pacific is expected to grow due to increased agricultural production in countries such as China, India, and Indonesia during the forecast period. Meanwhile, the demand in North America is expected to grow at a moderate pace in the coming years. The United States is a major exporter of maize and soybeans. This, in turn, is expected to propel the country's market in the immediate future.

Calcium Ammonium Nitrate Industry Segmentation

Nitro limestone and nitro chalk are other names for calcium ammonium nitrate or CAN. By combining powdered limestone with ammonium nitrate, calcium ammonium nitrate is formed. It is a commonly used fertiliser all over the world. The mixture's physiological properties are neutral.

Market Breakup by Application

• Fertiliser
• Explosive

Market Breakup by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Increase in Fertiliser Demand to Bolster the Growth of the Calcium Ammonium Nitrate Industry Globally

The major factor driving the calcium ammonium nitrate industry growth is an increase in fertiliser demand from the agricultural sector. During the forecast era, main factors such as the rising global population and rising food demand are expected to drive the demand for calcium ammonium nitrate. The various applications of calcium ammonium nitrate, such as its use as a fertiliser in enhancing soil fertility and increasing production potential as well as its use as a low-scale explosive in underdeveloped countries such as Afghanistan, Pakistan, and others, are expected to propel the calcium ammonium nitrate industry over the forecast period. Meanwhile, the market in developing regions is expected to grow due to rapid economic growth and a thriving agricultural sector.

Key Industry Players in the Global Calcium Ammonium Nitrate Market

The report gives a detailed analysis of the following key players in the global calcium ammonium nitrate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Yara International ASA
• EuroChem Group
• Achema AB
• Origin Fertilizers (UK) Limited
• Fertinagro India Pvt. Ltd.
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.