Australia Ammonia Market Size & Outlook, 2025-2028
Australia Ammonia Market Size
According to Straits Research analysis, the Australia Ammonia Market was valued at USD 3256.88 Million in 2024 and is projected to reach USD 4229.68 Million by 2028, expanding at a CAGR of 6.8% during the forecast period. This growth is primarily driven by the robust demand from major industries such as agriculture, energy, and chemical. In agriculture, ammonia is primarily used as a key ingredient in fertilizer production, while in the energy sector, it is essential for cooling systems and clean energy generation. On top of this, technological advancements have spurred opportunities for green or low-carbon ammonia production towards sustainability, further catalysing market growth. Given its rich natural resources and strategic location, Australia is also poised to expand its export potential. As a result, Australia is progressively positioning itself as a significant player in the global ammonia market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Ammonia Market Highlights
- In 2024, Liquid accounted for the highest share of the Type market size.
- During the forecast period, Gas is set to register the highest growth, making it the most lucrative Type segment.
- In 2024, Australia represented 2.03% of the overall global ammonia market size.
- China is projected to lead the global ammonia market size by 2028.
- Across Asia Pacific, China is anticipated to hold the dominant position in market by 2028.
- India is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 58503 Million by 2028.
Australia 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 3256.88 Million |
| Market Size In 2028 | USD 4229.68 Million |
| Largest segment | Liquid |
| Fastest segment | Gas |
| Units | Revenue in USD Million |
| CAGR | 6.8% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Australia Ammonia Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| End-use |
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| Sales Channel |
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Australia Ammonia Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Ammonia Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Ammonia Market By Sales Channel 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
