Ukraine Ammonia Market Size & Outlook, 2025-2028
Ukraine Ammonia Market Size
According to Straits Research analysis, The Ukraine Ammonia Market was valued at USD 1383.1 Million in 2024 and is projected to reach USD 1865.48 Million by 2028, expanding at a CAGR of 7.8% during the forecast period. The main driving forces for this growth are its vast applications in agriculture for fertilizers, in chemicals sector for production of nitric acid, and in the energy field for hydrogen storage. The market is also bolstered by unique industry use-cases such as refrigeration. Green production methods have emerged as a recent trend, aimed at reducing the carbon footprint. Technological advancements, sustainability, and export potential are also increasing the scope for the market's expansion. Positioned strategically, Ukraine offers favorable conditions for ammonia production and is proactively taking steps to increase its footprint in the global market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Ukraine Ammonia Market Highlights
- By 2024, Liquid represented the largest share of the Type market size.
- Gas is expected to remain the key growth driver within Type, registering the fastest CAGR during the forecast period.
- As of 2024, Ukraine held 0.86% of the global ammonia market size.
- By 2028, China is anticipated to capture the largest share of the global ammonia market.
- In CIS, Russia is expected to lead the regional ammonia market size by 2028.
- Ukraine will remain the fastest-growing market in CIS, reaching USD 1865.48 Million by 2028.
Ukraine 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 1383.1 Million |
| Market Size In 2028 | USD 1865.48 Million |
| Largest segment | Liquid |
| Fastest segment | Gas |
| Units | Revenue in USD Million |
| CAGR | 7.8% (2025-2028) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Ukraine 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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Ukraine Ammonia Market By Type 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Ukraine Ammonia Market By End-use 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
Ukraine Ammonia Market By Sales Channel 2028
Source: Straits Research Analysis Company Publications, Primary Interviews.
