CIS Ammonia Market Size & Outlook, 2025-2028
CIS Ammonia Market Size
According to Straits Research analysis, the CIS Ammonia Market was valued at USD 13872.57 Million in 2024 and is projected to reach USD 17783.45 Million by 2028, expanding at a CAGR of 6.4% during the forecast period. This growth is driven by the increasing demand from key industries namely agriculture, energy, and chemicals. The high demand for ammonia-based fertilizers in agriculture underpins the impressive market growth. Similarly, the chemical and energy sectors leverage ammonia's potential in reducing carbon emissions. Additionally, emerging trends such as low-carbon ammonia production, advancements in green technologies, and growing export opportunities in the region show promising growth potential. As CIS countries continue to invest in environmentally friendly and technologically advanced production methods, they are poised to cement their positions in the global ammonia market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
CIS Ammonia Market Highlights
- By segment, Liquid was the leading Type in terms of market size in 2024.
- Gas is expected to be the most lucrative Type segment, exhibiting the fastest growth throughout the forecast period.
- In 2024, CIS contributed 8.66% to the overall global ammonia market size.
- By 2028, China is anticipated to dominate the global market based on market size.
- Ukraine is expected to witness the fastest growth within CIS, attaining USD 1865.48 Million by 2028.
CIS 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 13872.57 Million |
| Market Size In 2028 | USD 17783.45 Million |
| Largest segment | Liquid |
| Fastest segment | Gas |
| Units | Revenue in USD Million |
| CAGR | 6.4% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
CIS Ammonia Market Share By Type
Segmentation Covered
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CIS Ammonia Market By Country 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
CIS Ammonia Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
CIS Ammonia Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
CIS Ammonia Market By Sales Channel 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
