Japan Ammonia Market Size & Outlook, 2025-2028
Japan Ammonia Market Size
According to Straits Research analysis, the Japan Ammonia Market was valued at USD 5004.06 Million in 2024 and is projected to reach USD 7072.2 million by 2028, expanding at a CAGR of 9% during the forecast period. The primary applications driving this growth lie within the agriculture, chemicals, and energy sectors. The increasing demand for fertilizers in agriculture and the use of ammonia in various industrial chemical processes are significant market drivers. Emerging trends include advancements in green production and low-carbon technologies that highlight Japan's commitment to sustainability. New export opportunities are set to bolster the market growth further. Japan's strategic positioning and continuous investments in its ammonia market secure its advantageous stance in the global market landscape.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan 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.
- Japan contributed 3.12% to the global ammonia market size in 2024.
- By 2028, China is forecasted to remain the largest global market for ammonia market.
- In Asia Pacific, China is projected to capture the leading share of market by 2028.
- Among Asia Pacific markets, India is expected to post the fastest growth, reaching 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 5004.06 Million |
| Market Size In 2028 | USD 7072.2 Million |
| Largest segment | Liquid |
| Fastest segment | Gas |
| Units | Revenue in USD Million |
| CAGR | 9% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Japan Ammonia Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
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| Type |
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| End-use |
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| Sales Channel |
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Japan Ammonia Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan Ammonia Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan Ammonia Market By Sales Channel 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
