Market Overview:
The global ANFO grade ammonium nitrate market is estimated to be valued at US$ XX Mn in 2018 and is projected to register a CAGR of X.X% over the forecast period (2018-2030), to reach a value of US$ XX Mn by 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into ≥99.5 purity, ≥99% purity, ≥98% purity and others. On the basis of application, the market is segmented into fertilizer, ANFO (ammonium nitrate/fuel oil) and others.
Product Definition:
ANFO is an acronym for ammonium nitrate/fuel oil. It is a mixture of 94% ammonium nitrate and 6% fuel oil. The purpose of the fuel oil is to increase the explosive power of the ammonium nitrate, making it a more effective blasting agent than straight ammonium nitrate. ANFO grade ammonium nitrate can be used in both commercial and industrial applications such as mining, construction, and demolition.
≥99.5 Purity:
The global market for ammonium nitrate is expected to grow at a significant rate on account of increasing demand from the fertilizer industry. The product has high purity and it's used in the manufacturing of fertilizers which are further used to increase crop yield. It also finds application as an agricultural chemical, firework propellant, and fuel additive among others.
≥99% Purity:
99% purity is a very high grade of ammonium nitrate. It has been tested and found to be completely free of any contaminants, such as iron, calcium, sodium & magnesium. This product is used in the production of ANFO (Ammonium Nitrate Fuel Oil) which is widely used for mining applications due to it's low cost and ease in transportation.
Application Insights:
The global demand for fertilizer was estimated at around 78.0 million tons in 2015 and is projected to reach the highest volume around 82.0 million tons by 2030, growing at an estimated CAGR of XX% over the forecast period owing to increased agricultural activities in emerging economies including China, India and Brazil on account of increasing population coupled with rising income levels has resulted in a high demand for fertilizers especially nitrates which are used as an essential nutrient by plants.
ANFO (Ammonium Nitrate Fuel Oil) application segment accounted for a market share of 21% globally in terms of revenue in 2017 due to its higher use as a fuel source particularly across North America region where it is extensively utilized as a power source during mining activities such as quarrying, drilling.
Regional Analysis:
Asia Pacific was the dominant regional market in terms of both volume and revenue. The region accounted for a share of more than 60% in 2017. China is one of the largest producers as well as consumers of ammonium nitrate across the globe owing to easy availability of raw materials at economical prices coupled with large scale production capacity.
The demand for ANFO grade products from China is majorly fulfilled through imports from Australia, Indonesia, and India on account rising domestic production capacities in these countries over last few years. However, due to recent ban by U.S., Chinese manufacturers are shifting their focus towards producing low-cost high purity product which can be used as an alternative fuel oil or industrial gas rather than fertilizers applications which were earlier majorly fulfilled by exports to North America and Europe regions along with other Asia Pacific countries such as Japan, South Korea etc.
Growth Factors:
- Growing demand for explosives in mining and construction industry
- Increasing use of ANFO in oil and gas exploration activities
- Rising adoption of ANFO as a blasting agent in the demolition industry
- Proliferation of underground mining operations across the globe
- Technological advancements that have led to development of more efficient and safer explosives
Scope Of The Report
Report Attributes
Report Details
Report Title
ANFO Grade Ammonium Nitrate Market Research Report
By Type
≥99.5 Purity, ≥99% Purity, ≥98% Purity, Others
By Application
Fertilizer, ANFO (Ammonium Nitrate/Fuel Oil), Others
By Companies
Fertiberia, Yara, Uralchem, CSBP, Dyno Nobel, Orica, Enaex/Sigdo Koppers Group, DFPCL, Shanxi Tianji Coal Chemical, JINKAI, Yunnan Coal Chemical Group Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global ANFO Grade Ammonium Nitrate Market Report Segments:
The global ANFO Grade Ammonium Nitrate market is segmented on the basis of:
Types
≥99.5 Purity, ≥99% Purity, ≥98% Purity, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fertilizer, ANFO (Ammonium Nitrate/Fuel Oil), Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fertiberia
- Yara
- Uralchem
- CSBP
- Dyno Nobel
- Orica
- Enaex/Sigdo Koppers Group
- DFPCL
- Shanxi Tianji Coal Chemical
- JINKAI
- Yunnan Coal Chemical Group Co., Ltd.
Highlights of The ANFO Grade Ammonium Nitrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≥99.5 Purity
- ≥99% Purity
- ≥98% Purity
- Others
- By Application:
- Fertilizer
- ANFO (Ammonium Nitrate/Fuel Oil)
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the ANFO Grade Ammonium Nitrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
ANFO Grade Ammonium Nitrate is a high-grade fertilizer that is used to make explosives.
Some of the key players operating in the anfo grade ammonium nitrate market are Fertiberia, Yara, Uralchem, CSBP, Dyno Nobel, Orica, Enaex/Sigdo Koppers Group, DFPCL, Shanxi Tianji Coal Chemical, JINKAI, Yunnan Coal Chemical Group Co., Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ANFO Grade Ammonium Nitrate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 ANFO Grade Ammonium Nitrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ANFO Grade Ammonium Nitrate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the ANFO Grade Ammonium Nitrate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global ANFO Grade Ammonium Nitrate Market Size & Forecast, 2020-2028
4.5.1 ANFO Grade Ammonium Nitrate Market Size and Y-o-Y Growth
4.5.2 ANFO Grade Ammonium Nitrate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ≥99.5 Purity
5.2.2 ≥99% Purity
5.2.3 ≥98% Purity
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fertilizer
6.2.2 ANFO (Ammonium Nitrate/Fuel Oil)
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ANFO Grade Ammonium Nitrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 ANFO Grade Ammonium Nitrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ≥99.5 Purity
9.6.2 ≥99% Purity
9.6.3 ≥98% Purity
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fertilizer
9.10.2 ANFO (Ammonium Nitrate/Fuel Oil)
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ≥99.5 Purity
10.6.2 ≥99% Purity
10.6.3 ≥98% Purity
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fertilizer
10.10.2 ANFO (Ammonium Nitrate/Fuel Oil)
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ≥99.5 Purity
11.6.2 ≥99% Purity
11.6.3 ≥98% Purity
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fertilizer
11.10.2 ANFO (Ammonium Nitrate/Fuel Oil)
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ≥99.5 Purity
12.6.2 ≥99% Purity
12.6.3 ≥98% Purity
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fertilizer
12.10.2 ANFO (Ammonium Nitrate/Fuel Oil)
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ≥99.5 Purity
13.6.2 ≥99% Purity
13.6.3 ≥98% Purity
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fertilizer
13.10.2 ANFO (Ammonium Nitrate/Fuel Oil)
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 ANFO Grade Ammonium Nitrate Market: Competitive Dashboard
14.2 Global ANFO Grade Ammonium Nitrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fertiberia
14.3.2 Yara
14.3.3 Uralchem
14.3.4 CSBP
14.3.5 Dyno Nobel
14.3.6 Orica
14.3.7 Enaex/Sigdo Koppers Group
14.3.8 DFPCL
14.3.9 Shanxi Tianji Coal Chemical
14.3.10 JINKAI
14.3.11 Yunnan Coal Chemical Group Co., Ltd.
