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