Middle East And Africa Ammonia Market Size & Outlook, 2025-2028
Middle East And Africa Ammonia Market Size
According to Straits Research analysis, the Middle East and Africa Ammonia Market were valued at USD 13760.31 Million in 2024 and are projected to reach USD 19111.43 Million by 2028, expanding at a CAGR of 8.6% during the forecast period. This growth is driven by several industries, including agriculture, which relies on ammonia for fertilizer production, the energy sector needs ammonia for cooling systems and chemicals industry for the production of several essentials. Recently, green and low-carbon ammonia production is gaining traction, powered by technological advancements, aimed to minimize environmental impact. Additionally, the market showcases export potential, adding to the growth prospect. The Middle East and Africa are aptly leveraging these opportunities, positioning themselves as key players in the global ammonia market, orchestrated by sustainable and technologically advanced solutions.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa 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.
- Middle East And Africa held 8.59% 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, South Africa is anticipated to record the highest growth in Middle East And Africa, with the market size expected to reach USD 5913 Million.
Middle East And Africa 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 13760.31 Million |
| Market Size In 2028 | USD 19111.43 Million |
| Largest segment | Liquid |
| Fastest segment | Gas |
| Units | Revenue in USD Million |
| CAGR | 8.6% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Middle East And Africa Ammonia Market Share By Type
Segmentation Covered
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Middle East And Africa Ammonia Market By Country 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Ammonia Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Ammonia Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Ammonia Market By Sales Channel 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
