Published on : Jan 21, 2019
Albany, New York, January 21, 2019: From approximately 230 mtpa in the year 2017 to over 280 mtpa through 2026, the global ammonia capacity to experience a remarkable growth, owing to the increase in the usage of urea, ammonium phosphates, ammonium sulfate, ammonium nitrate, and nitric acid.
Asia and Middle East are expected to spearhead the global ammonia capacity by 2026 with the installation of over 100 planned & announced plants, which will be established to meet the rising demand for ammonium-based products. In Asia, India is expected to produce a total of 8.6 mtpa of capacity by leveraging 18 planned & announced plants. A large portion of India’s surging fertilizer demand will be met by the major capacity contributions from Rashtriya Chemicals & Fertilizers Ltd., and Nagarjuna Chemicals & Fertilizers Ltd.
Within Middle East & Africa, Iran is anticipated to add total capacity - 8.4 mtpa through 2026. Additionally, in Nigeria, approximately 6.6 mtpa worth of capacity is expected and Dangote Industries Ltd., to contribute majorly to the regional fertilizer demand.
These valuable insights have been gleaned from the report titled, “Q4 2018 Global Ammonia Capacity and Capital Expenditure Outlook - Dangote Industries Ltd and Nagarjuna Fertilizers Lead Global Capacity Additions”, which has been included incorporated in the broad repository of Market Research Hub (MRH).
Global Ammonia Capacity and Capital Expenditure: Crux of the Report
The report aims at providing a brief outlook on the ammonia capacity and capital expenditure at the global level. A reliable process has been followed to glean the information and data from the industry experts to prepare this report. The study comprises of details pertaining to the ammonia planned & announced plants. This deep analysis highlights the important trends the ammonia industry at the global level. The study helps in recognizing lucrative opportunities for the stakeholders of the ammonia industry. Tables and figures have been incorporated to support the statistics mentioned in this study.
The report provides details about the new ammonia plants that have been announced and cancelled in the industry. The market share of global ammonia capacity in terms of percentage has been highlighted in the report. Global ammonia capacity on the basis of announced, planned, and active plants have been incorporated in the report. The report provides a brief information on the installed plant capacity.
Global Ammonia Capacity & Capital Expenditure: Regional Split and Competitive Landscape
Prominent regions for the ammonia industry, namely, Europe, Asia, Middle East & Africa, North America, and South America have been assessed and incorporated in the report. Out of these regions Asia, followed by Middle East & Africa are said to be the global leaders for the ammonia industry.
Leading companies that add to the global capacity have been included in the report. The report opines that Nagarjuna Fertilizers & Chemicals Ltd., and Dangote Fertilizers & Chemicals Ltd., are amongst the key players that contribute to the global ammonia capacity with an approximate capacity contribution of 2.0 mtpa and 2.9 mtpa, respectively.
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