Global Calcium Ammonium Nitrate Market Insights and Forecast to 2028

Due to the COVID-19 pandemic, the global Calcium Ammonium Nitrate market size is estimated to be worth USD 3121.3 Million in 2022 and is forecast to a readjusted size of USD 4159 Million by 2028 with a CAGR of 4.9% during the review period.

Calcium ammonium nitrate is also known as nitro limestone and nitro chalk. Calcium ammonium nitrate is produced by mixing powdered limestone in the ammonium nitrate. It is widely used as fertilizer across the globe. Physiological characteristics of the mixture are neutral. It has the ability to neutralize the acidic soil. Calcium ammonium nitrate is an essential source of nitrogen for plant growth. Nitrogen is quickly absorbed by the plant roots at the fruiting stage; therefore, it is extensively employed by farmers worldwide. The presence of calcium improves soil health for a long period time. The fertilizer grade of calcium ammonium nitrate contains approximately 8% of calcium and around 21% to 27% of nitrogen. Therefore, it is suitable for enhancing root and soil health. Calcium ammonium nitrate is widely used in a number of countries where ammonium nitrate is banned. Calcium ammonium nitrate is hygroscopic in nature due to which it can retain water molecules at room temperature.

Fully considering the economic change by this health crisis, Nitrogen Content 27% accounting for % of the Calcium Ammonium Nitrate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Agriculture segment is altered to an % CAGR throughout this forecast period.

Global calcium ammonium nitrate main manufacturers include EuroChem, Yara, Uralchem, Borealis, Nutrien, etc., totally accounting for about 35%. Europe is the largest production area, with a share over 63%. As for the types of products, it can be divided into nitrogen content 27% and nitrogen content 15.5%. Nitrogen content 27% is the largest segment, holding a share about 86%. In terms of application, it can be divided into agriculture and horticulture. The most common application is in agriculture, with a share over 90%.

In terms of production side, this report researches the Calcium Ammonium Nitrate capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Calcium Ammonium Nitrate by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Global Calcium Ammonium Nitrate Scope and Segment

Calcium Ammonium Nitrate market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Calcium Ammonium Nitrate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type

• Nitrogen Content 27%
• Nitrogen Content 15.5%

Segment by Application

• Agriculture
• Horticulture

BY COMPANY

• EuroChem
• Yara
• Uralchem
• Borealis
• Nutrien
• Achema
• OSTCHEM Holding
• Pakarab Fertilizers
• Incitec Pivot
• Sasol
• Huaxin Group Corporation
• Shangxi Jiaocheng Chemical
• Shanxi Knlan Chemical
• Shanxi Leixin Chemical
• Wentong Group
• Shanxi Jiaocheng Tianlong Chemical
• Dongxing Chemical

Production by Region

• North America
• Europe
• China
• Pakistan
• Australia
• South Africa

Consumption by Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE