The latest report by Syndicated Analytics titled “Ammonia Production Cost Analysis 2022-2027: Capital Investment, Manufacturing Process, Raw Materials, Operating Cost, Industry Trends and Revenue Statistics” offers the requisite knowledge one requires before foraying into the ammonia industry. The report encompasses exhaustive insights pertaining to pricing, margins, utility costs, operating costs, capital investments, raw material requirements and primary process flow, which is based on the latest economic data. It is a must-read report for new entrants, investors, researchers, consultants and business strategists that assists them in understanding the ammonia industry in a better manner to make informed business decisions.
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Ammonia (NH3) represents a clear and colorless gas with a pungent odor. It is industrially produced using the Haber-Bosch process that involves the reaction of hydrogen and nitrogen in the presence of a catalyst. Ammonia is extensively used across the globe in the manufacturing of nitrogen-based fertilizers, such as urea, ammonium nitrates, ammonium phosphates, ammonium sulfate, etc., to promote proper growth in plants and crops by discharging nitrogen into the soil. In line with this, it also finds extensive applications across several sectors, including textile, agriculture, food and beverage (F&B), pharmaceutical, mining, water and wastewater treatment, rubber, paper, chemical, etc.
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The inflating need for agricultural chemicals, such as fertilizers and pesticides, to enhance the farm yield, owing to the declining arable land, is among the primary factors driving the ammonia market. In addition to this, the widespread product adoption as a purifying agent in water treatment plants to filter impurities and purify liquid mediums without causing any adverse environmental impact is further catalyzing the market growth. Besides this, the rising utilization of ammonia to manufacture commercial explosives, such as trinitrotoluene (TNT), nitroglycerin, nitrocellulose, etc., is acting as another significant growth-inducing factor. Moreover, the escalating usage for ammonia in breaking down household grime, removing stains, and cleaning glass without leaving any residual streak marks from tubs, sinks, toilets, countertops, tiles, etc., is also positively influencing the global market. Apart from this, the development of green product variants via sustainable technologies is anticipated to fuel the ammonia market over the forecasted period.
The report providing in-depth, comprehensive techno-economic analysis, including:
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Land and Construction Costs
In case you need any specific business requirements, you can mention the same. We can customize the report based on the specific needs of the client.
Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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About Us: Syndicated Analytics, a subsidiary of IMARC Group, offers consulting services and provides comprehensive market intelligence in the form of research reports, production cost reports and feasibility studies. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients, which range from small and medium enterprises to Fortune 1000 companies. These firms are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up-to-date with the current and the evolving trends of the industry.
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