Brazil Ammonia Market Size & Outlook, 2025-2028
Brazil Ammonia Market Size
According to Straits Research analysis, The Brazil Ammonia Market was valued at USD 1843.75 Million in 2024 and is projected to reach USD 2456.87 Million by 2028, expanding at a CAGR of 7.4% during the forecast period. This surge is mainly fuelled by the increasing demand in the agriculture sector for fertilizers, in the chemical industry for various synthetic materials, and in the energy sector as a potential source for hydrogen. Moreover, the rapid evolution of green and low-carbon production technology is set to furnish potential growth avenues in the market. Also, Brazil's stance towards sustainable production and export expansion serve as robust market opportunities. Optimizing these dynamics, Brazil is strategizing for a substantial position in the global ammonia market, indicating a promising prospect for future market growth.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil 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, Brazil accounted for 1.15% of the global ammonia market size.
- By 2028, China is expected to lead the global ammonia market in terms of market size.
- Within Latin America, Rest of Latin America is projected to dominate the regional ammonia market size by 2028.
- Mexico is identified as the fastest-growing market in Latin America, anticipated to reach USD 4707 Million by 2028.
Brazil Ammonia Market Revenue Share 2024
- 📊 Preview Report Scope and Structure – Gain immediate visibility into key topics, market segments, and data frameworks covered.
- 📥 Evaluate Strategic Insights – Access selected charts, statistics, and analyst-driven commentary derived from the final report deliverables.
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 1843.75 Million |
| Market Size In 2028 | USD 2456.87 Million |
| Largest segment | Liquid |
| Fastest segment | Gas |
| Units | Revenue in USD Million |
| CAGR | 7.4% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Brazil Ammonia Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
|
| End-use |
|
| Sales Channel |
|
Brazil Ammonia Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Ammonia Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Ammonia Market By Sales Channel 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
