Europe Ammonia Market Size & Outlook, 2025-2028
Europe Ammonia Market Size
According to Straits Research analysis, the Europe Ammonia Market was valued at USD 15034.3 Million in 2024 and is projected to reach USD 19772.6 Million by 2028, expanding at a CAGR of 7.1% during the forecast period. This growth is primarily driven by its extensive application in agriculture, particularly as a vital component of fertilizers. Additionally, ammonia's use in manufacturing chemicals and as a potential clean energy source also stimulates demand. Trends like green production methods and advancements in low-carbon ammonia hydrogen technology further offer potential growth opportunities. Moreover, Europe's robust industrial segment and growing export potential significantly fuel market expansion. With initiatives towards sustainable production, Europe is strategically positioning itself as a focus area in the global ammonia market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Ammonia Market Highlights
- By market size, Liquid led the Type category in 2024.
- The Type segment led by Gas is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.
- Europe held 9.39% share of the global ammonia market size in 2024.
- China is expected to remain the largest contributor to the global market by 2028.
- By 2028, France is anticipated to record the highest growth in Europe, with the market size expected to reach USD 45534 Million.
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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 15034.3 Million |
| Market Size In 2028 | USD 19772.6 Million |
| Largest segment | Liquid |
| Fastest segment | Gas |
| Units | Revenue in USD Million |
| CAGR | 7.1% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Europe Ammonia Market Share By Type
Segmentation Covered
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Europe Ammonia Market By Country 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Ammonia Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Ammonia Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Ammonia Market By Sales Channel 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
