Global Urea Ammonium Nitrate (UAN) Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Urea Ammonium Nitrate (UAN) Sales Market Report 2024
Market Analysis and InsightsGlobal Urea Ammonium Nitrate (UAN) Market
Urea Ammonium Nitrate (UAN) is a solution of urea and ammonium nitrate in water used as a fertilizer. UAN solution is a high-performance fertilizer, equal to ammonium nitrate or urea regarding influence on agricultural crops yield increase. UAN solution is produced by mixing water solutions of urea and ammonium nitrate in determined proportions with neutralization of free ammonia and inhibition of the product derived.
Due to the COVID-19 pandemic, the global Urea Ammonium Nitrate (UAN) market size is estimated to be worth US$ 4945 million in 2022 and is forecast to a readjusted size of US$ 6846.2 million by 2033 with a CAGR of 4.7% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, UAN 28 accounting for % of the Urea Ammonium Nitrate (UAN) global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Cereals and Grains segment is altered to an % CAGR throughout this forecast period.
Global Urea Ammonium Nitrate (UAN) key players include CF Industries, Nutrien, EuroChem, Acron Group, Achema, etc. Global top five manufacturers hold a share about 55%.
North America is the largest market, with a share over 60%, followed by Europe, and South America, both have a share over 30 percent.
In terms of product, UAN 32 is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Cereals and Grains, followed by Oilseeds and Pulses, Fruits and Vegetables, etc.
Global Urea Ammonium Nitrate (UAN) Scope and Market Size
The global Urea Ammonium Nitrate (UAN) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Urea Ammonium Nitrate (UAN) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
UAN 28
UAN 30
UAN 32
Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
CF Industries
Nutrien
EuroChem
Yara International
Acron Group
OCI
Achema
Zakłady Azotowe Puławy
Grodno Azot
LSB Industries
Urea Ammonium Nitrate (UAN) is a solution of urea and ammonium nitrate in water used as a fertilizer. UAN solution is a high-performance fertilizer, equal to ammonium nitrate or urea regarding influence on agricultural crops yield increase. UAN solution is produced by mixing water solutions of urea and ammonium nitrate in determined proportions with neutralization of free ammonia and inhibition of the product derived.
Due to the COVID-19 pandemic, the global Urea Ammonium Nitrate (UAN) market size is estimated to be worth US$ 4945 million in 2022 and is forecast to a readjusted size of US$ 6846.2 million by 2033 with a CAGR of 4.7% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, UAN 28 accounting for % of the Urea Ammonium Nitrate (UAN) global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Cereals and Grains segment is altered to an % CAGR throughout this forecast period.
Global Urea Ammonium Nitrate (UAN) key players include CF Industries, Nutrien, EuroChem, Acron Group, Achema, etc. Global top five manufacturers hold a share about 55%.
North America is the largest market, with a share over 60%, followed by Europe, and South America, both have a share over 30 percent.
In terms of product, UAN 32 is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Cereals and Grains, followed by Oilseeds and Pulses, Fruits and Vegetables, etc.
Global Urea Ammonium Nitrate (UAN) Scope and Market Size
The global Urea Ammonium Nitrate (UAN) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Urea Ammonium Nitrate (UAN) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
UAN 28
UAN 30
UAN 32
Segment by Application
Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
CF Industries
Nutrien
EuroChem
Yara International
Acron Group
OCI
Achema
Zakłady Azotowe Puławy
Grodno Azot
LSB Industries