Market Overview:
The global monomethylammonium nitrate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for monomethylammonium nitrate from various applications, such as military and industrial. Monomethylammonium nitrate is used as an explosive in both water gel/slurry explosives and emulsion explosives. It is also used as a seismic explosive, owing to its ability to cause ground vibrations that can be detected by seismographs for mineral exploration or earthquake studies.
Product Definition:
A salt of ammonia and nitric acid, NH4NO3, used especially as an agricultural fertilizer and in explosives.
Water Gel/Slurry Explosives:
Water gel/slurry explosives are a class of pyrotechnic mixture that is made up of water and amine-based compounds. The product has the ability to transform into a gelling agent when it comes in contact with water, due to which it can be used as an effective explosive material. It also displays high sensitivity towards moisture, which makes it suitable for use in military applications where there is a need for waterproofing materials that are sensitive towards humidity.
Emulsion Explosives:
Emulsion explosives are a special type of high-order explosive, which is manufactured by mixing two or more substances that react upon contact to produce an explosion. These explosives are used in mining and quarrying activities as they can be used for both quarrying and mining purposes. They have applications in the manufacturing industry also where they find use in initiating an exothermic reaction that produces energy from the burning of a substance.
Application Insights:
The industrial segment dominated the global monomethylammonium nitrate market in terms of revenue share in 2017. The growth can be attributed to the rising demand from various industries including mining, construction, and energy. Industrial applications include mining and quarrying, civil engineering (such as highways), oil & gas exploration/production, marine navigation and explosives manufacturing for military purposes.
The military application is expected to witness a CAGR of XX% over the forecast period owing to increasing investments by countries such as China India Japan Saudi Arabia South Korea Brazil etc.
Regional Analysis:
Asia Pacific dominated the global monomethylammonium nitrate market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries, such as mining, construction, and manufacturing. In addition, rising military expenditure by various countries across Asia Pacific is likely to contribute towards industry growth over the coming years.
The growing population in China and India has led to an increase in consumer goods production which has resulted in high demand for explosives across these countries. Furthermore, rapid industrialization coupled with government support for infrastructural development activities are anticipated to drive product consumption further driving regional market growth over the forecast period.
Europe was estimated at USD X billion in 2016 owing to increased consumption of MAMNIT from major application sectors including mining & minerals processing along with manufacturing sector especially automotive industry coupled with stringent regulations on environment protection by European Union (EU).
Growth Factors:
- Growing demand for fertilizers in agriculture sector
- Increasing population and their demand for food
- Rising awareness about benefits of using MMAN as a fertilizer
- Government initiatives to promote use of MMAN as a fertilizer
- Technological advancements in the production of MMAN
Scope Of The Report
Report Attributes
Report Details
Report Title
Monomethylammonium nitrate Market Research Report
By Type
Water Gel/Slurry Explosives, Emulsion Explosives, Seismic Explosives
By Application
Military, Industrial
By Companies
Kemcore, CSBP, Jinjinle Chemical, Kemcore
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Monomethylammonium nitrate Market Report Segments:
The global Monomethylammonium nitrate market is segmented on the basis of:
Types
Water Gel/Slurry Explosives, Emulsion Explosives, Seismic Explosives
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
Military, Industrial
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:
- Kemcore
- CSBP
- Jinjinle Chemical
- Kemcore
Highlights of The Monomethylammonium 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:
- Water Gel/Slurry Explosives
- Emulsion Explosives
- Seismic Explosives
- By Application:
- Military
- Industrial
- 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 Monomethylammonium 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
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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?
Monomethylammonium nitrate is a chemical compound with the formula NH4NO3. It is a white solid that is soluble in water and most other organic solvents. Monomethylammonium nitrate can be used as an explosive or propellant, and it has been used in fireworks displays and as a component of smoke bombs.
Some of the key players operating in the monomethylammonium nitrate market are Kemcore, CSBP, Jinjinle Chemical, Kemcore.
The monomethylammonium nitrate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Monomethylammonium 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 Monomethylammonium nitrate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Monomethylammonium 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 Monomethylammonium 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 Monomethylammonium nitrate Market Size & Forecast, 2018-2028 4.5.1 Monomethylammonium nitrate Market Size and Y-o-Y Growth 4.5.2 Monomethylammonium nitrate Market Absolute $ Opportunity
Chapter 5 Global Monomethylammonium nitrate 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 Monomethylammonium nitrate Market Size Forecast by Type
5.2.1 Water Gel/Slurry Explosives
5.2.2 Emulsion Explosives
5.2.3 Seismic Explosives
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Monomethylammonium nitrate 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 Monomethylammonium nitrate Market Size Forecast by Applications
6.2.1 Military
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Monomethylammonium 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 Monomethylammonium 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 Monomethylammonium nitrate Analysis and Forecast
9.1 Introduction
9.2 North America Monomethylammonium nitrate 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 Monomethylammonium nitrate Market Size Forecast by Type
9.6.1 Water Gel/Slurry Explosives
9.6.2 Emulsion Explosives
9.6.3 Seismic Explosives
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 Monomethylammonium nitrate Market Size Forecast by Applications
9.10.1 Military
9.10.2 Industrial
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 Monomethylammonium nitrate Analysis and Forecast
10.1 Introduction
10.2 Europe Monomethylammonium nitrate 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 Monomethylammonium nitrate Market Size Forecast by Type
10.6.1 Water Gel/Slurry Explosives
10.6.2 Emulsion Explosives
10.6.3 Seismic Explosives
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 Monomethylammonium nitrate Market Size Forecast by Applications
10.10.1 Military
10.10.2 Industrial
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 Monomethylammonium nitrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Monomethylammonium nitrate 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 Monomethylammonium nitrate Market Size Forecast by Type
11.6.1 Water Gel/Slurry Explosives
11.6.2 Emulsion Explosives
11.6.3 Seismic Explosives
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 Monomethylammonium nitrate Market Size Forecast by Applications
11.10.1 Military
11.10.2 Industrial
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 Monomethylammonium nitrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Monomethylammonium nitrate 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 Monomethylammonium nitrate Market Size Forecast by Type
12.6.1 Water Gel/Slurry Explosives
12.6.2 Emulsion Explosives
12.6.3 Seismic Explosives
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 Monomethylammonium nitrate Market Size Forecast by Applications
12.10.1 Military
12.10.2 Industrial
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) Monomethylammonium nitrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Monomethylammonium nitrate 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) Monomethylammonium nitrate Market Size Forecast by Type
13.6.1 Water Gel/Slurry Explosives
13.6.2 Emulsion Explosives
13.6.3 Seismic Explosives
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) Monomethylammonium nitrate Market Size Forecast by Applications
13.10.1 Military
13.10.2 Industrial
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 Monomethylammonium nitrate Market: Competitive Dashboard
14.2 Global Monomethylammonium nitrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kemcore
14.3.2 CSBP
14.3.3 Jinjinle Chemical
14.3.4 Kemcore