Ammonia Price Trends, Production Cost Analysis, Forecast, Profit Margins, Raw Materials, Land & Construction Costs 2022-2027
Ammonia (NH3) represents a clear, colorless gas with a pungent odor. It is produced industrially using the Haber-Bosch process which involves the reaction of hydrogen and nitrogen in the presence of a catalyst.
Ammonia is widely used around the world in the manufacture of nitrogen-based fertilizers, such as urea, ammonium nitrates, ammonium phosphates, ammonium sulphate, etc., for promote good plant and crop growth by releasing nitrogen into the soil.
With this in mind, it also finds many applications in several sectors, including textiles, agriculture, food and beverage (F&B), pharmaceuticals, mining, water and wastewater treatment. , rubber, paper, chemicals, etc.
The report includes comprehensive information on pricing, margins, utility costs, operating costs, capital investment, raw material requirement and primary process flow, which is based on the latest economic data. . This is a must-have report for new entrants, investors, researchers, consultants, and business strategists to help them better understand the Ammonia industry to make informed business decisions.
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One of the major factors driving the ammonia market is the growing need for agricultural chemicals, such as fertilizers and pesticides, to improve agricultural yield, owing to shrinking arable land. In addition to this, the widespread adoption of the product as a purifying agent in water treatment plants to filter impurities and purify liquid media without causing negative environmental impact is further catalyzing the market growth.
Also, the increasing use of ammonia to manufacture commercial explosives, such as trinitrotoluene (TNT), nitroglycerin, nitrocellulose, etc., acts as another important growth factor.
Additionally, the increasing use of ammonia to break down household dirt, remove stains, and clean glass without leaving residual marks on tubs, sinks, toilets, countertops, tiles, etc., also positively influences the global market.
Apart from this, development of green product variants via sustainable technologies is expected to drive the ammonia market over the forecast period.
The report provides an in-depth and comprehensive techno-economic analysis, including:
- Market trends
- Major regions
- Main Manufacturers
- Price trends
- Mass balance and raw material requirements
- Various types of unit operations involved
- Raw material costs
- Utility costs
- Labor costs
- Packing costs
- Transport costs
- Land and construction costs
- Machine costs
- Profit margins
- Product Pricing
If you need specific business requirements, you can mention them. We can customize the report according to the specific needs of the client.
To note: As the novel coronavirus (COVID-19) crisis engulfs the world, we are constantly monitoring changes in the markets, as well as industry consumer behaviors around the world and our estimates on the latest market trends and forecasts are made afterwards given the impact of this pandemic.
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