*Forecast based on a compound annual growth rate of 4.3 percent during the forecast period from 2024 to 2032. This statistic has been assembled using several editions of the press release from the source. The source does not specify a publication date; therefore, release date is given as the date of access.
The global ammonia market is expected to witness significant growth from 2024 to 2033. The market value of ammonia amounted to nearly ****Â billion U.S. dollars in 2024 and is anticipated to exceed billion U.S. dollars in 2033. This growth is driven by the increasing demand for ammonia in various end-use industries such as fertilizers, chemicals, and pharmaceuticals.
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Imarc. (April 18, 2025). Market value of ammonia worldwide in 2024, with a forecast for 2033 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1391399/global-ammonia-market-size/
Imarc. "Market value of ammonia worldwide in 2024, with a forecast for 2033 (in billion U.S. dollars)." Chart. April 18, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1391399/global-ammonia-market-size/
Imarc. (2025). Market value of ammonia worldwide in 2024, with a forecast for 2033 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1391399/global-ammonia-market-size/
Imarc. "Market Value of Ammonia Worldwide in 2024, with a Forecast for 2033 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 18 Apr 2025, /statistics/1391399/global-ammonia-market-size/
Imarc, Market value of ammonia worldwide in 2024, with a forecast for 2033 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1391399/global-ammonia-market-size/ (last visited July 22, 2026)
Market value of ammonia worldwide in 2024, with a forecast for 2033 (in billion U.S. dollars) [Graph], Imarc, April 18, 2025. [Online]. Available: /statistics/1391399/global-ammonia-market-size/
