The Ammonium Nitrate Market is estimated to be valued at USD 17.9 billion in 2025 and is projected to reach USD 29.2 billion by 2035, registering a compound annual growth rate (CAGR) of 5.0% over the forecast period.
| Metric | Value |
|---|---|
| Ammonium Nitrate Market Estimated Value in (2025 E) | USD 17.9 billion |
| Ammonium Nitrate Market Forecast Value in (2035 F) | USD 29.2 billion |
| Forecast CAGR (2025 to 2035) | 5.0% |
The Ammonium Nitrate market is experiencing steady growth, driven by its critical role in industrial explosives, mining operations, and agricultural applications. Increasing demand for high-energy compounds in commercial and civilian explosives and blasting agents is supporting market expansion, particularly in the mining, construction, and infrastructure sectors. Advancements in production processes, including enhanced safety protocols and energy-efficient manufacturing techniques, are improving product reliability and reducing operational risks.
Growing investments in infrastructure development, industrial modernization, and large-scale mining projects are further boosting adoption. Regulatory frameworks governing safe handling, storage, and transportation are shaping market dynamics while encouraging manufacturers to develop safer and more environmentally compliant formulations.
The need for consistent quality and controlled explosive performance is increasingly emphasized in commercial applications, driving demand for ammonium nitrate with specific purity and particle characteristics As industries prioritize operational efficiency, safety, and compliance, the market is expected to maintain long-term growth, supported by continued technological innovation and rising demand for high-performance explosive compounds in both established and emerging economies.
The ammonium nitrate market is segmented by application industry, end-use, and geographic regions. By application industry, ammonium nitrate market is divided into Explosives, Agriculture, and Others. In terms of end-use, ammonium nitrate market is classified into Commercial And Civilian Explosives And Blasting Agents, Nitrous Oxide Manufacture, Military Explosives, and Fertilizers. Regionally, the ammonium nitrate industry is classified into North America, Latin America, Western Europe, Eastern Europe, Balkan & Baltic Countries, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and the Middle East & Africa.
The explosives application industry segment is projected to hold 48.7% of the market revenue in 2025, establishing it as the leading application. Growth in this segment is being driven by the extensive use of ammonium nitrate in commercial blasting, mining, quarrying, and construction operations, where precise energy release and reliability are critical. Its versatility, controlled detonation characteristics, and cost-effectiveness make it the preferred choice among industrial users.
Continuous improvements in manufacturing and stabilization processes have enhanced safety and reduced risks associated with handling and storage. The ability to integrate ammonium nitrate with other explosive compounds allows for tailored formulations suitable for a variety of industrial conditions.
Adoption is also supported by increasing infrastructure investments, the expansion of mining operations, and ongoing industrial development projects globally With heightened emphasis on performance consistency, regulatory compliance, and operational safety, the explosives application industry segment is expected to maintain market leadership, driven by both technological advancements and growing industrial demand.
The commercial and civilian explosives and blasting agents end-use segment is anticipated to account for 37.6% of the market revenue in 2025, making it the leading end-use category. Growth is being supported by rising demand for efficient and controlled explosives in commercial construction, mining, and infrastructure projects. Ammonium nitrate is widely used in these applications due to its predictable detonation properties, energy density, and ease of formulation into blasting agents.
Manufacturers are increasingly adopting advanced handling, packaging, and transport protocols to comply with safety and regulatory standards, which enhances market confidence. The ability to tailor explosive compositions to specific operational requirements and environmental conditions further strengthens its adoption.
Expanding infrastructure development, mining expansion, and industrial modernization initiatives are driving growth in both commercial and civilian applications As the focus on operational safety, regulatory compliance, and performance optimization continues to intensify, the commercial and civilian explosives and blasting agents segment is expected to remain a primary contributor to market expansion, supporting sustained growth through 2025 and beyond.
Low nitrogen emission and superior stability of ammonium nitrate in the crop protection chemicals to fuel market growth at stellar pace.
| Country | CAGR |
|---|---|
| China | 6.8% |
| India | 6.3% |
| Germany | 5.8% |
| Brazil | 5.3% |
| USA | 4.8% |
| UK | 4.3% |
| Japan | 3.8% |
The Ammonium Nitrate Market is expected to register a CAGR of 5.0% during the forecast period, exhibiting varied country level momentum. China leads with the highest CAGR of 6.8%, followed by India at 6.3%. Developed markets such as Germany, France, and the UK continue to expand steadily, while the USA is likely to grow at consistent rates. Japan posts the lowest CAGR at 3.8%, yet still underscores a broadly positive trajectory for the global Ammonium Nitrate Market. In 2024, Germany held a dominant revenue in the Western Europe market and is expected to grow with a CAGR of 5.8%. The USA Ammonium Nitrate Market is estimated to be valued at USD 6.1 billion in 2025 and is anticipated to reach a valuation of USD 6.1 billion by 2035. Sales are projected to rise at a CAGR of 0.0% over the forecast period between 2025 and 2035. While Japan and South Korea markets are estimated to be valued at USD 902.8 million and USD 597.9 million respectively in 2025.
| Item | Value |
|---|---|
| Quantitative Units | USD 17.9 Billion |
| Application Industry | Explosives, Agriculture, and Others |
| End-Use | Commercial And Civilian Explosives And Blasting Agents, Nitrous Oxide Manufacture, Military Explosives, and Fertilizers |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, Middle East & Africa |
| Country Covered | United States, Canada, Germany, France, United Kingdom, China, Japan, India, Brazil, South Africa |
| Key Companies Profiled | Yara International, Orica Ltd, Enaex S.A, CF Industries Holdings, URALCHEM Holding P.L.C., Incitec Pivot Limited Inc, DFPCL, Neochim Ad, San Corporation, Borealis, Austin Powder International, and EuroChem Group AG |
The global ammonium nitrate market is estimated to be valued at USD 17.9 billion in 2025.
The market size for the ammonium nitrate market is projected to reach USD 29.2 billion by 2035.
The ammonium nitrate market is expected to grow at a 5.0% CAGR between 2025 and 2035.
The key product types in ammonium nitrate market are explosives, agriculture and others.
In terms of end-use, commercial and civilian explosives and blasting agents segment to command 37.6% share in the ammonium nitrate market in 2025.
Our Research Products
The "Full Research Suite" delivers actionable market intel, deep dives on markets or technologies, so clients act faster, cut risk, and unlock growth.
The Leaderboard benchmarks and ranks top vendors, classifying them as Established Leaders, Leading Challengers, or Disruptors & Challengers.
Locates where complements amplify value and substitutes erode it, forecasting net impact by horizon
We deliver granular, decision-grade intel: market sizing, 5-year forecasts, pricing, adoption, usage, revenue, and operational KPIs—plus competitor tracking, regulation, and value chains—across 60 countries broadly.
Spot the shifts before they hit your P&L. We track inflection points, adoption curves, pricing moves, and ecosystem plays to show where demand is heading, why it is changing, and what to do next across high-growth markets and disruptive tech
Real-time reads of user behavior. We track shifting priorities, perceptions of today’s and next-gen services, and provider experience, then pace how fast tech moves from trial to adoption, blending buyer, consumer, and channel inputs with social signals (#WhySwitch, #UX).
Partner with our analyst team to build a custom report designed around your business priorities. From analysing market trends to assessing competitors or crafting bespoke datasets, we tailor insights to your needs.
Supplier Intelligence
Discovery & Profiling
Capacity & Footprint
Performance & Risk
Compliance & Governance
Commercial Readiness
Who Supplies Whom
Scorecards & Shortlists
Playbooks & Docs
Category Intelligence
Definition & Scope
Demand & Use Cases
Cost Drivers
Market Structure
Supply Chain Map
Trade & Policy
Operating Norms
Deliverables
Buyer Intelligence
Account Basics
Spend & Scope
Procurement Model
Vendor Requirements
Terms & Policies
Entry Strategy
Pain Points & Triggers
Outputs
Pricing Analysis
Benchmarks
Trends
Should-Cost
Indexation
Landed Cost
Commercial Terms
Deliverables
Brand Analysis
Positioning & Value Prop
Share & Presence
Customer Evidence
Go-to-Market
Digital & Reputation
Compliance & Trust
KPIs & Gaps
Outputs
Full Research Suite comprises of:
Market outlook & trends analysis
Interviews & case studies
Strategic recommendations
Vendor profiles & capabilities analysis
5-year forecasts
8 regions and 60+ country-level data splits
Market segment data splits
12 months of continuous data updates
DELIVERED AS:
PDF EXCEL ONLINE
Calcium Ammonium Nitrate Market Growth - Trends & Forecast 2025 to 2035
Ammonium Humate Market Size and Share Forecast Outlook 2025 to 2035
Ammonium Dichromate Market Size and Share Forecast Outlook 2025 to 2035
Ammonium Metavanadate Market Size and Share Forecast Outlook 2025 to 2035
Ammonium Thiosulfate Market – Size, Share, and Forecast 2025 to 2035
Ammonium Sulphate Supply Market-Trends & Forecast 2025 to 2035
Ammonium Sulfate Food Grade Market Report - Industry Insights 2025 to 2035
Ammonium Chloride Food Grade Market Growth - Demand & Trends 2025 to 2035
Ammonium Carbonate Market Growth 2024-2034
Ammonium Phosphate Market Trends & Analysis 2019-2029
Ammonium Phosphatides Market
Diammonium Hydrogen Phosphate Market Size and Share Forecast Outlook 2025 to 2035
Diammonium Phosphate Market
Triammonium Citrate Market Size and Share Forecast Outlook 2025 to 2035
Aluminium Ammonium Sulphate Market Analysis – Size, Share, and Forecast Outlook 2025 to 2035
Food Grade Ammonium Carbonate Market Growth - Product Type & Application Analysis
Food Grade Ammonium Bicarbonate Market
Quaternary Ammonium Compounds Market
High Molecular Ammonium Polyphosphate Market Size and Share Forecast Outlook 2025 to 2035
Cetyl Trimethyl Ammonium Chloride Market
Ammonium Nitrate Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
Chat With
MaRIA
