Global Ammonium Nitrate Market By Application Forecast (2015-2025)

Created with Highcharts 11.4.0YearUSD MnChart context menuGlobal Ammonium Nitrate Market By ApplicationForecast (2015-2025)4 439.774 439.774 582.834 582.834 685.924 685.924 753.314 753.314 880.354 880.355 015.295 015.295 176.865 176.865 344.65 344.65 518.795 518.795 694.545 694.545 880.395 880.392 569.632 645.922 698.812 730.922 797.062 867.382 952.543 040.793 132.273 224.183 321.351 465.71 519.931 561.271 590.961 640.91 693.881 756.281 821.261 888.941 957.662 030.37404.44416.98425.84431.43442.39454.03468.04482.55497.58512.7528.672015201620172018201920202021202220232024202501k2k3k4k5k6k7k
Year FERTILIZERS EXPLOSIVES OTHERS
2015 $ 2569.63 $ 1465.7 $ 404.44
2016 $ 2645.92 $ 1519.93 $ 416.98
2017 $ 2698.81 $ 1561.27 $ 425.84
2018 $ 2730.92 $ 1590.96 $ 431.43
2019 $ 2797.06 $ 1640.9 $ 442.39
2020 $ 2867.38 $ 1693.88 $ 454.03
2021 $ 2952.54 $ 1756.28 $ 468.04
2022 $ 3040.79 $ 1821.26 $ 482.55
2023 $ 3132.27 $ 1888.94 $ 497.58
2024 $ 3224.18 $ 1957.66 $ 512.7
2025 $ 3321.35 $ 2030.37 $ 528.67
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Global Ammonium Nitrate Market By Application Forecast (2015-2025)

Synopsis
The above chart is Global Ammonium Nitrate market [2015-2025] by Application

Market Dynamics

fertilizers segment accounted for the largest market share in the ammonium nitrate market, and is expected to reach usd 3321.35 million in 2025 from usd 2698.81 million in 2017. however, explosives segment is the fastest growing market, which is expected to grow at a cagr of 3.55% during the forecast period 2018 - 2025.

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