硝酸アンモニウム市場：形態、用途、エンドユーザー別-2025-2030年の世界予測

硝酸アンモニウム市場は、2023年に163億米ドルと評価され、2024年には170億2,000万米ドルに達すると予測され、CAGR 4.62%で成長し、2030年には223億8,000万米ドルに達すると予測されています。

硝酸アンモニウムは広く利用されている化学化合物で、主に高窒素肥料として、また火薬の重要な構成要素として機能します。その用途は、土壌に必須栄養素を供給することで植物の成長をサポートする農業や、効率的な燃焼特性により効果的な爆薬として機能する鉱業や建設において最も重要です。市場の最終用途は農業、鉱業、建設、工業の各分野に広がっており、それぞれが業務上の要件に基づいて需要を牽引しています。市場の成長は、世界の農業需要、採掘用爆薬の技術進歩、効率的な肥料と爆薬の必要性を高めているインフラ整備に大きく影響されています。持続可能な農業慣行や環境に優しい採鉱ソリューションにおける最近の動向は、企業が環境に優しい生産を革新する潜在的な機会を提示しています。作物収量の向上や持続可能な採掘方法への注目の高まりと相まって、環境に優しい硝酸アンモニウムは研究開発にとって有利な分野となっています。

しかし市場は、硝酸アンモニウムが違法爆発活動に悪用される可能性や、その生産と使用に関する環境への懸念から、厳しい規制などの課題に直面しています。さらに、サプライチェーンの混乱、原料価格の変動、代替肥料との競合によって市場の成長が阻害される可能性もあります。こうした制約に対処するためには、生分解性または放出制御型の製剤の開発や生産効率の向上といった革新的戦略が、悪影響を軽減する道を提供する可能性があります。環境フットプリントの削減と規制遵守に焦点を当てた調査に投資することで、事業成長の道を開くことができます。変動する商品価格と進化する政府政策を特徴とする市場のダイナミックな性質を考慮すると、企業は機敏かつ積極的に行動し、常に新たな動向と技術の進歩に適応して競争力を維持する必要があります。

市場力学：急速に進化する硝酸アンモニウム市場の主要市場インサイトを公開

硝酸アンモニウム市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的決定の精緻化、そして新たなビジネスチャンスの獲得に備えることができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができるとともに、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • 限られた耕地から農産物を増やすための窒素肥料の必要性
  • 鉱業分野での硝酸アンモニウムの利用増加
• 市場抑制要因
  • 硝酸アンモニウムの生産と純度維持における複雑さ
• 市場機会
  • 有効性を向上させる硝酸アンモニウムの新開発
  • 建築・建設セクターへの多額の投資
• 市場の課題
  • 保管、輸送、包装に関する政府の厳しい規制

ポーターの5つの力：硝酸アンモニウム市場をナビゲートする戦略ツール

ポーターの5つの力フレームワークは、市場情勢の競合情勢を理解するための重要なツールです。ポーターのファイブフォース・フレームワークは、企業の競争力を評価し、戦略的機会を探るための明確な手法を提供します。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これらの洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：硝酸アンモニウム市場における外部からの影響の把握

外部マクロ環境要因は、硝酸アンモニウム市場の業績ダイナミクスを形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を提供します。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析硝酸アンモニウム市場における競合情勢の把握

硝酸アンモニウム市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、断片化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的意思決定を行うために必要な知見を得ることができます。

FPNVポジショニング・マトリックス硝酸アンモニウム市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、硝酸アンモニウム市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限はベンダーを明確かつ正確に区分し、ユーザーが戦略目標に最適なパートナーやソリューションを特定するのに役立ちます。

本レポートは、主要な注目分野を網羅した包括的な市場分析を提供しています：

1.市場の浸透度：業界主要企業の広範なデータを含む、現在の市場環境の詳細なレビュー。

2.市場の開拓度：新興市場における成長機会を特定し、既存分野における拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを提供します。

3.市場の多様化：最近の製品発売、未開拓の地域、業界の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発およびイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています：

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、セグメント、地域はどこか？

3.市場を形成する主な技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 限られた耕作地からの農産物生産量を増やすには窒素を多く含む肥料が必要
    • 鉱業分野における硝酸アンモニウムの利用増加
  • 抑制要因
    • 硝酸アンモニウムの製造と純度維持の複雑さ
  • 機会
    • 有効性を向上させる硝酸アンモニウムの新開発
    • 建築・建設部門への多額の投資
  • 課題
    • 保管、輸送、梱包に関する厳格な政府規制
• 市場セグメンテーション分析
  • フォーム：製造業からのきめ細かな硝酸アンモニウムの需要の高まり
  • 応用：肥料製造における硝酸アンモニウムの幅広い採用
  • エンドユーザー：農業業界における硝酸アンモニウムの使用増加
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社交
  • 技術的
  • 法律上
  • 環境
• 顧客のカスタマイズ
  • 価格分析と動向2017-2023

第6章 硝酸アンモニウム市場：形態別

• 粒状
• 粉

第7章 硝酸アンモニウム市場：用途別

• 爆発物
• 肥料

第8章 硝酸アンモニウム市場：エンドユーザー別

• 農業
• 民間および商業用爆発物
• 軍用爆発物
• 鉱業と採石業

第9章 南北アメリカの硝酸アンモニウム市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第10章 アジア太平洋地域の硝酸アンモニウム市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第11章 欧州・中東・アフリカの硝酸アンモニウム市場

• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第12章 競合情勢

• 市場シェア分析2023
• FPNVポジショニングマトリックス, 2023
• 競合シナリオ分析
  • LSBインダストリーズは、持続可能な銅採掘と炭素回収の取り組みを支援するため、フリーポートミネラルズと提携して低炭素ANSを5年間供給します。
  • アルガスメディアは、EUの2026年CBAMに整合し、低炭素技術を促進し、世界市場の効率性を高めるために、カルシウム肥料の低炭素およびゼロ炭素評価を初めて開始しました。
  • インドネシア、新たな硝酸アンモニウム施設で農業自給自足に向けて前進
  • CILとBHELが硝酸アンモニウム生産施設を設立するための戦略的合弁契約を締結
  • サウジ化学社、ダイノノーベル社と提携し、硝酸アンモニウムと硝酸生産への戦略的拡大
  • Rivneazotは硝酸アンモニウムとアンモニアワークショップで生産能力を向上
  • AquirianによるWubin硝酸アンモニウム工場の戦略的買収と操業開始
  • フェルティベリアの導入した低炭素技術硝酸アンモニウム
  • 硝酸アンモニウム生産における革新的な進歩：Azotyグループとthyssenkrupp Uhdeとの戦略的コラボレーション
  • ディーパック肥料・石油化学株式会社がアンモニア工場を稼働
  • テクニカス・レウニダス、カザフスタンのアンモニウム生産工場開発のエンジニアリング契約を獲得

企業一覧

• Abu Qir Fertilizers and Chemical Industries Company
• Austin Powder Company
• Avantor, Inc.
• CF Industries Holdings, Inc.
• CSBP Limited
• CVR Partners, LP
• Deepak Fertilisers And Petrochemicals Corporation Ltd.
• Enaex S.A.
• EPC Groupe
• Eurochem Group AG
• Fertiberia, S.A.
• GFS Chemicals, Inc.
• GROUP DF
• Honeywell International Inc
• Incitec Pivot Limited
• Koch Industries, Inc.
• KUMPULAN SAINTIFIK F.E. SDN BHD
• MaxamCorp Holding, S.L.
• Merck KGaA
• Neochim PLC
• Noah Chemicals, Inc.
• Orica Limited
• PhosAgro Group of Companies
• San Corporation
• Sasol Limited
• Spectrum Chemical Mfg. Corp
• Sumitomo Chemical Co., Ltd.
• Thermo Fisher Scientific Inc.
• URALCHEM JSC
• Yara International ASA

LIST OF FIGURES

• FIGURE 1. AMMONIUM NITRATE MARKET RESEARCH PROCESS
• FIGURE 2. AMMONIUM NITRATE MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL AMMONIUM NITRATE MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY FORM, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
• FIGURE 11. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. AMERICAS AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 13. AMERICAS AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. UNITED STATES AMMONIUM NITRATE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 15. UNITED STATES AMMONIUM NITRATE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. ASIA-PACIFIC AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 17. ASIA-PACIFIC AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. EUROPE, MIDDLE EAST & AFRICA AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 19. EUROPE, MIDDLE EAST & AFRICA AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 20. AMMONIUM NITRATE MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 21. AMMONIUM NITRATE MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. AMMONIUM NITRATE MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL AMMONIUM NITRATE MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. AMMONIUM NITRATE MARKET DYNAMICS
• TABLE 7. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY GRANULAR, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY POWDER, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY EXPLOSIVES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY FERTILIZERS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY AGRICULTURE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY CIVIL & COMMERCIAL EXPLOSIVES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY MILITARY EXPLOSIVES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL AMMONIUM NITRATE MARKET SIZE, BY MINING & QUARRYING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 18. AMERICAS AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 19. AMERICAS AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 20. AMERICAS AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 21. AMERICAS AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 22. ARGENTINA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 23. ARGENTINA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 24. ARGENTINA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 25. BRAZIL AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 26. BRAZIL AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 27. BRAZIL AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 28. CANADA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 29. CANADA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 30. CANADA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 31. MEXICO AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 32. MEXICO AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 33. MEXICO AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 34. UNITED STATES AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 35. UNITED STATES AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 36. UNITED STATES AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 37. UNITED STATES AMMONIUM NITRATE MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 38. ASIA-PACIFIC AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 39. ASIA-PACIFIC AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 40. ASIA-PACIFIC AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 41. ASIA-PACIFIC AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 42. AUSTRALIA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 43. AUSTRALIA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 44. AUSTRALIA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 45. CHINA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 46. CHINA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 47. CHINA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 48. INDIA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 49. INDIA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 50. INDIA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 51. INDONESIA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 52. INDONESIA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 53. INDONESIA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 54. JAPAN AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 55. JAPAN AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 56. JAPAN AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 57. MALAYSIA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 58. MALAYSIA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 59. MALAYSIA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 60. PHILIPPINES AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 61. PHILIPPINES AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 62. PHILIPPINES AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 63. SINGAPORE AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 64. SINGAPORE AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 65. SINGAPORE AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 66. SOUTH KOREA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 67. SOUTH KOREA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 68. SOUTH KOREA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 69. TAIWAN AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 70. TAIWAN AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 71. TAIWAN AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 72. THAILAND AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 73. THAILAND AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 74. THAILAND AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 75. VIETNAM AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 76. VIETNAM AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 77. VIETNAM AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 78. EUROPE, MIDDLE EAST & AFRICA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 79. EUROPE, MIDDLE EAST & AFRICA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 80. EUROPE, MIDDLE EAST & AFRICA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 81. EUROPE, MIDDLE EAST & AFRICA AMMONIUM NITRATE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 82. DENMARK AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 83. DENMARK AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 84. DENMARK AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 85. EGYPT AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 86. EGYPT AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 87. EGYPT AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 88. FINLAND AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 89. FINLAND AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 90. FINLAND AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 91. FRANCE AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 92. FRANCE AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 93. FRANCE AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 94. GERMANY AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 95. GERMANY AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 96. GERMANY AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 97. ISRAEL AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 98. ISRAEL AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 99. ISRAEL AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 100. ITALY AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 101. ITALY AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 102. ITALY AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 103. NETHERLANDS AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 104. NETHERLANDS AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 105. NETHERLANDS AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 106. NIGERIA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 107. NIGERIA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 108. NIGERIA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 109. NORWAY AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 110. NORWAY AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 111. NORWAY AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 112. POLAND AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 113. POLAND AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 114. POLAND AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 115. QATAR AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 116. QATAR AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 117. QATAR AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 118. RUSSIA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 119. RUSSIA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 120. RUSSIA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 121. SAUDI ARABIA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 122. SAUDI ARABIA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 123. SAUDI ARABIA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 124. SOUTH AFRICA AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 125. SOUTH AFRICA AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 126. SOUTH AFRICA AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 127. SPAIN AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 128. SPAIN AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 129. SPAIN AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 130. SWEDEN AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 131. SWEDEN AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 132. SWEDEN AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 133. SWITZERLAND AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 134. SWITZERLAND AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 135. SWITZERLAND AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 136. TURKEY AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 137. TURKEY AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 138. TURKEY AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 139. UNITED ARAB EMIRATES AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 140. UNITED ARAB EMIRATES AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 141. UNITED ARAB EMIRATES AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 142. UNITED KINGDOM AMMONIUM NITRATE MARKET SIZE, BY FORM, 2018-2030 (USD MILLION)
• TABLE 143. UNITED KINGDOM AMMONIUM NITRATE MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 144. UNITED KINGDOM AMMONIUM NITRATE MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
• TABLE 145. AMMONIUM NITRATE MARKET SHARE, BY KEY PLAYER, 2023
• TABLE 146. AMMONIUM NITRATE MARKET, FPNV POSITIONING MATRIX, 2023

The Ammonium Nitrate Market was valued at USD 16.30 billion in 2023, expected to reach USD 17.02 billion in 2024, and is projected to grow at a CAGR of 4.62%, to USD 22.38 billion by 2030.

Ammonium nitrate, a widely utilized chemical compound, primarily serves as a high-nitrogen fertilizer and a critical component in explosives. Its application is paramount in agriculture, where it supports plant growth by delivering essential nutrients to the soil, and in mining and construction, where it acts as an effective explosive agent due to its efficient combustion properties. The market's end-use scope stretches across agriculture, mining, construction, and industrial sectors, each driving demand based on their operational requirements. The market growth is significantly influenced by global agricultural demands, technological advancements in mining explosives, and infrastructural developments, which are escalating the need for efficient fertilizers and explosives. Recent developments in sustainable agricultural practices and eco-friendly mining solutions present potential opportunities for firms to innovate in green ammonium nitrate production. Coupled with an increasing focus on improving crop yields and sustainable mining practices, the impetus towards eco-friendly variants of ammonium nitrate offers a lucrative area for research and development.

However, the market faces challenges such as stringent regulations due to the potential misuse of ammonium nitrate in illicit explosive activities and environmental concerns regarding its production and use. Furthermore, market growth may be hindered by supply chain disruptions, fluctuating raw material prices, and competition from alternative fertilizers. Addressing these limitations, innovative strategies like developing biodegradable or controlled-release ammonium nitrate formulations and enhancing production efficiency could offer paths to mitigate negative impacts. Investing in research focused on reducing environmental footprints and aligning with regulatory compliance can pave the way for business growth. Given the dynamic nature of the market, characterized by fluctuating commodity prices and evolving governmental policies, companies should be agile and proactive, constantly adapting to emerging trends and technological advancements to maintain a competitive edge.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Ammonium Nitrate Market

The Ammonium Nitrate Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Need for nitrogen-rich fertilizers to increase agricultural produce from limited arable land
  • Increased utilization of ammonium nitrate in the mining sector
• Market Restraints
  • Complexities in the production and purity maintenance of ammonium nitrates
• Market Opportunities
  • New development in ammonium nitrate to improve efficacy
  • Significant investments in the building and construction sector
• Market Challenges
  • Stringent governmental regulations for storage, transport, and packaging

Porter's Five Forces: A Strategic Tool for Navigating the Ammonium Nitrate Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Ammonium Nitrate Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Ammonium Nitrate Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Ammonium Nitrate Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Ammonium Nitrate Market

A detailed market share analysis in the Ammonium Nitrate Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Ammonium Nitrate Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Ammonium Nitrate Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Key Company Profiles

The report delves into recent significant developments in the Ammonium Nitrate Market, highlighting leading vendors and their innovative profiles. These include Abu Qir Fertilizers and Chemical Industries Company, Austin Powder Company, Avantor, Inc., CF Industries Holdings, Inc., CSBP Limited, CVR Partners, LP, Deepak Fertilisers And Petrochemicals Corporation Ltd., Enaex S.A., EPC Groupe, Eurochem Group AG, Fertiberia, S.A., GFS Chemicals, Inc., GROUP DF, Honeywell International Inc, Incitec Pivot Limited, Koch Industries, Inc., KUMPULAN SAINTIFIK F.E. SDN BHD, MaxamCorp Holding, S.L., Merck KGaA, Neochim PLC, Noah Chemicals, Inc., Orica Limited, PhosAgro Group of Companies, San Corporation, Sasol Limited, Spectrum Chemical Mfg. Corp, Sumitomo Chemical Co., Ltd., Thermo Fisher Scientific Inc., URALCHEM JSC, and Yara International ASA.

Market Segmentation & Coverage

This research report categorizes the Ammonium Nitrate Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Form, market is studied across Granular and Powder.
• Based on Application, market is studied across Explosives and Fertilizers.
• Based on End-User, market is studied across Agriculture, Civil & Commercial Explosives, Military Explosives, and Mining & Quarrying.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across Arizona, California, Colorado, Florida, Illinois, Massachusetts, Michigan, Nevada, Ohio, Oregon, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Need for nitrogen-rich fertilizers to increase agricultural produce from limited arable land
    • 5.1.1.2. Increased utilization of ammonium nitrate in the mining sector
  • 5.1.2. Restraints
    • 5.1.2.1. Complexities in the production and purity maintenance of ammonium nitrates
  • 5.1.3. Opportunities
    • 5.1.3.1. New development in ammonium nitrate to improve efficacy
    • 5.1.3.2. Significant investments in the building and construction sector
  • 5.1.4. Challenges
    • 5.1.4.1. Stringent governmental regulations for storage, transport, and packaging
• 5.2. Market Segmentation Analysis
  • 5.2.1. Form: Growing demand for granular ammonium nitrate from manufacturing sectors
  • 5.2.2. Application: Wider adoption of ammonium nitrate for fertilizer manufacturing
  • 5.2.3. End-User: Growing use of ammonium nitrate by the agriculture industry
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental
• 5.5. Client Customization
  • 5.5.1. Pricing Analysis and Trends 2017-2023

6. Ammonium Nitrate Market, by Form

• 6.1. Introduction
• 6.2. Granular
• 6.3. Powder

7. Ammonium Nitrate Market, by Application

• 7.1. Introduction
• 7.2. Explosives
• 7.3. Fertilizers

8. Ammonium Nitrate Market, by End-User

• 8.1. Introduction
• 8.2. Agriculture
• 8.3. Civil & Commercial Explosives
• 8.4. Military Explosives
• 8.5. Mining & Quarrying

9. Americas Ammonium Nitrate Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Ammonium Nitrate Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Ammonium Nitrate Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
  • 12.3.1. LSB Industries partners with Freeport Minerals for 5-year supply of low carbon ANS to support sustainable copper mining and carbon capture efforts
  • 12.3.2. Argus Media launches first low & zero-carbon assessments for calcium ammonium nitrate fertilizers to align with EU's 2026 CBAM, promote low-carbon technologies & enhance global market efficiency
  • 12.3.3. Indonesia Advances Toward Agricultural Self-Sufficiency with New Ammonium Nitrate Facility
  • 12.3.4. Strategic Joint Venture Agreement Between CIL and BHEL to Establish Ammonium Nitrate Production Facility
  • 12.3.5. Strategic Expansion into Ammonium Nitrate and Nitric Acid Production by Saudi Chemical Co. in Collaboration with Dyno Nobel
  • 12.3.6. Rivneazot Boosts Production Capabilities with Ammonium Nitrate and Ammonia Workshops
  • 12.3.7. Strategic Acquisition and Operational Launch of Wubin Ammonium Nitrate Plant by Aquirian
  • 12.3.8. Fertiberia's Introduced Low-Carbon Technical Ammonium Nitrate
  • 12.3.9. Innovative Advancements in Ammonium Nitrate Production: Azoty Group's Strategic Collaboration with thyssenkrupp Uhde
  • 12.3.10. Deepak Fertilizers and Petrochemicals Corporation Limited To Commission Ammonia Plant
  • 12.3.11. Tecnicas Reunidas Attains Engineering Contract To Develop The Ammonium Production Plant Of Kazakhstan

Companies Mentioned

• 1. Abu Qir Fertilizers and Chemical Industries Company
• 2. Austin Powder Company
• 3. Avantor, Inc.
• 4. CF Industries Holdings, Inc.
• 5. CSBP Limited
• 6. CVR Partners, LP
• 7. Deepak Fertilisers And Petrochemicals Corporation Ltd.
• 8. Enaex S.A.
• 9. EPC Groupe
• 10. Eurochem Group AG
• 11. Fertiberia, S.A.
• 12. GFS Chemicals, Inc.
• 13. GROUP DF
• 14. Honeywell International Inc
• 15. Incitec Pivot Limited
• 16. Koch Industries, Inc.
• 17. KUMPULAN SAINTIFIK F.E. SDN BHD
• 18. MaxamCorp Holding, S.L.
• 19. Merck KGaA
• 20. Neochim PLC
• 21. Noah Chemicals, Inc.
• 22. Orica Limited
• 23. PhosAgro Group of Companies
• 24. San Corporation
• 25. Sasol Limited
• 26. Spectrum Chemical Mfg. Corp
• 27. Sumitomo Chemical Co., Ltd.
• 28. Thermo Fisher Scientific Inc.
• 29. URALCHEM JSC
• 30. Yara International ASA