This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Calcium Ammonium Nitrate Market

Calcium Ammonium Nitrate Market By Application (Fertilizer, Explosives), End Use Industry (Agriculture, Chemical Manufacturing, Water Treatment, Construction) & Region - Forecast 2022 - 2032

Market Insights on Calcium Ammonium Nitrate covering sales outlook, demand forecast & up-to-date key trends

Calcium Ammonium Nitrate Market Overview

The calcium ammonium nitrate market is expected to grow at a CAGR of 3.5% during the forecast period ranging from 2022 to 2032. At the end of the forecast period, the calcium ammonium nitrate market is expected to be worth US$ 5 Million. As of 2022, the industry is likely to be valued at US$ 3.3 Million

Report Attribute

Details

Expected Base Year Value (2021)

US$ 3.3 Million

Projected Market Value (2022)

US$ 3.54 Million

Anticipated Market Value (2032)

US$ 5 Million

Global Growth Rate (2022-2032)

3.5% CAGR

It is physiologically neutral. It is manufactured in granular form and is suitable for mixing with phosphate and potassium fertilizers. In comparison with ammonium nitrate, calcium ammonium nitrate has better physical-chemical properties, less water-absorbing and caking characteristics, and can be stored in stacks. It is most commonly used as a fertilizer.

Fertilizer grade calcium ammonium nitrate contains 8% calcium and 21-27% nitrogen. It is a hygroscopic chemical and its dissolution in water is endothermic. The high lime content of the fertilizer considerably improves the fertility of the soil and therefore increases the growth and yield of the crops.

Calcium ammonium nitrate's numerous advantageous properties are occasionally exploited in the fields of fertilizers and explosives. In the past, uses for calcium ammonium nitrate derivatives were discovered at regular intervals, which is expected to drive the calcium ammonium nitrate market rapidly in the future.

Which are Some Prominent Drivers Spearheading Calcium Ammonium Nitrate Market Growth?

Rising demand for Calcium Ammonium Nitrate and its by-products for various processes in the pharmaceutical, agrochemical, and explosive industries is expected to drive the market rapidly during the forecast period.

The numerous applications of calcium ammonium nitrate in soil fertility enhancement and increasing production capacity through the use of CAN in the form of fertilizer, as well as the use of CAN as a low scale explosive in developing countries such as Afghanistan, Pakistan, and others, are expected to drive the calcium ammonium nitrate market over the forecast period. Rapid economic development and a thriving agricultural sector are expected to drive the calcium ammonium nitrate market in developing countries.

Historically, calcium ammonium nitrate has been used to remove odors from wastewater during water treatment processes. CAN is also used in the production of small-scale explosives, either by reprocessing the chemical or simply by grinding the compound and packing it in a plastic box with a blasting cap. Calcium ammonium nitrate's diverse applications are expected to propel its market steadily during the forecast period.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Challenges Faced by the Calcium Ammonium Nitrate Industry?

The development of contact dermatitis among farmers using CAN fertilizers, as well as rising demand for organic fertilizers due to increased environmental awareness, are expected to be major restraints on the calcium ammonium nitrate market's growth. Furthermore, the ban on CAN fertilizers due to their illegal use as homemade explosives is expected to stifle market growth even further over the forecast period.

Why is Asia-Pacific Emerging as an Opportunistic Calcium Ammonium Nitrate Market?

During the forecast period, the Asia Pacific market is expected to grow at a rapid pace. Rice, wheat, and maize are the main crops grown in the region. Increased agricultural production in countries such as China, India, and Indonesia is expected to drive the Asia Pacific calcium ammonium nitrate market during the forecast period.

The Asia Pacific calcium ammonium nitrate market is estimated to account for more than one-third of the global market share and is expected to maintain its dominance throughout the forecast period. The regional market in the Asia Pacific region is expected to grow as the production of agrochemicals chemicals increases. Furthermore, in the Asia-Pacific region, the Indian market has increased its financings in the agricultural business, where calcium ammonium is used to increase crop yield.

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

How is Europe Contributing to the Growth of the calcium ammonium nitrate Market?

During the forecast period, Europe is expected to hold a dominant share of the market. Europe is a major nitrate fertilizer producer. The presence of prominent manufacturers in Europe, such as Yara International, Eurochem Group, and Helm AG, is expected to fuel the region's market in the near future.

Because of increased calcium ammonium nitrate application in chemical manufacturing industries, Europe is expected to drive demand and positively impact the growth of the calcium ammonium nitrate market over the forecast period. However, weak economic conditions in countries such as Russia, Spain, and others are expected to result in more modest growth of the calcium ammonium nitrate market throughout the region over the forecast period. Within Europe, Germany is expected to grow at a CAGR of approximately 3.6%.

Market Competition

Some of the key participants present in the global calcium ammonium nitrate market include Eurochem Agro, Yara, Helm AG, ZAK S A, Pakarab Fertilizers, Bunn Fertilizer, GFS Chemicals, Inc, Barium and Chemicals, Inc, Seidler Chemical Co, Blue Line Corp, Allan Chemical Corp, Calamco, BKM Resources Inc, Del Amo Chemical Co,Nature S.A, ZimaFertiliser Co, Marneuli Agro and Agri Grow Fertilizers and Agrochemicals among others.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 3.5% until 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Application
  • End Use Industry
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Market Segments Covered in the Calcium Ammonium Nitrate Industry Report

By Application:

  • Fertilizers
  • Explosives
  • Others

By End Use Industries:

  • Agriculture
  • Chemical Manufacturing
  • Water Treatment
  • Construction
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global calcium ammonium nitrate market to expand at a 3.5% value CAGR by 2032

Germany is likely to be an opportunistic market, forecast to expand at a CAGR of 3.6%

Seidler Chemical Co, Blue Line Corp, Allan Chemical Corp, Calamco, BKM Resources Inc, Del Amo Chemical Co,Nature S.A, ZimaFertiliser Co, Marneuli Agro are some prominent calcium ammonium nitrate manufacturers.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Chemicals & Materials Insights

View Reports
Google translate

Calcium Ammonium Nitrate Market