Home Speciality Chemicals Argentina Ammonia Market Size, Share & Trends Report By 2028

Argentina Ammonia Market Size & Outlook, 2025-2028

Argentina Ammonia Market Size

According to Straits Research analysis, the Argentina Ammonia Market was valued at USD 5662.33 Million in 2024 and is projected to reach USD 7708.91 Million by 2028, expanding at a CAGR of 8% during the forecast period. This growth can largely be attributed to the high consumption in agricultural industries for fertilizer production, significant input in various chemical processes and its crucial role in energy sectors for hydrogen storage and fuel cells. Furthermore, emerging trends like green and low-carbon ammonia production, complimented by advanced technologies and sustainability initiatives augment the market appeal. The potential for robust export opportunities further amplifies the revenue prospects. In summary, Argentina is strategically cementing its position in the global ammonia market by leveraging both traditional usage and innovative applications.

Argentina Ammonia Market Highlights

  • Liquid held the leading position among Type segments in 2024, based on market size.
  • Gas is projected to post the fastest growth rate, sustaining its position as the most attractive Type segment during the forecast horizon.
  • Argentina accounted for 3.54% of the global ammonia market size in 2024.
  • By 2028, China is expected to remain the top global market in terms of size.
  • Within Latin America, Rest of Latin America is forecasted to dominate the regional ammonia market size by 2028.
  • Mexico will be the fastest-growing market in Latin America, projected to achieve USD 4707 Million by 2028.

Argentina Ammonia Market Revenue Share 2024

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Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2019-2028
Historical Period 2019-2023
Forecast Period 2025-2028
Market Size In 2024 USD 5662.33 Million
Market Size In 2028 USD 7708.91 Million
Largest segment Liquid
Fastest segment Gas
Units Revenue in USD Million
CAGR 8% (2025-2028)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Argentina Ammonia Market Share By Type

Segmentation Covered

Segments Sub Segments
Type
  1. Liquid
  2. Gas
End-use
  1. Agriculture
  2. Textile
  3. Mining
  4. Pharmaceutical
  5. Refrigeration
  6. Others
Sales Channel
  1. Direct
  2. Distribution
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