China Ammonia Market Size & Outlook, 2025-2028
China Ammonia Market Size
According to Straits Research analysis, the China Ammonia Market was valued at USD 38,336.17 Million in 2024 and is projected to reach USD 50,665.17 Million by 2028, expanding at a CAGR of 7.2% during the forecast period. This growth is propelled mainly by the high demand for ammonia in agriculture and the chemical industry, where it is primarily used in fertilizers and industrial chemicals respectively. Rapid industrialization and advancements in technology also play pivotal roles in boosting the market. Additionally, there is an emerging trend in green and low-carbon ammonia production, attesting to the robust export potential inherent in this market sector. As China continues to invest heavily in sustainable and innovative solutions, it is poised to strengthen its foothold in the global Ammonia market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
China 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.
- In 2024, China represented 23.94% 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.
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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 38336.17 Million |
| Market Size In 2028 | USD 50665.17 Million |
| Largest segment | Liquid |
| Fastest segment | Gas |
| Units | Revenue in USD Million |
| CAGR | 7.2% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
China 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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China Ammonia Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Ammonia Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Ammonia Market By Sales Channel 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
