Global Calcium Ammonium Nitrate Market Outlook 2022

Calcium ammonium nitrate is also known as nitro limestone and nitro chalk. Calcium ammonium nitrate is produced by mixing powdered limestone in the ammonium nitrate. It is widely used as fertilizer across the globe. Physiological characteristics of the mixture are neutral. It has the ability to neutralize the acidic soil. Calcium ammonium nitrate is an essential source of nitrogen for plant growth. Nitrogen is quickly absorbed by the plant roots at the fruiting stage; therefore, it is extensively employed by farmers worldwide. The presence of calcium improves soil health for a long period time. The fertilizer grade of calcium ammonium nitrate contains approximately 8% of calcium and around 21% to 27% of nitrogen. Therefore, it is suitable for enhancing root and soil health. Calcium ammonium nitrate is widely used in a number of countries where ammonium nitrate is banned. Calcium ammonium nitrate is hygroscopic in nature due to which it can retain water molecules at room temperature.
Global calcium ammonium nitrate main manufacturers include EuroChem, Yara, Uralchem, Borealis, Nutrien, etc., totally accounting for about 35%. Europe is the largest production area, with a share over 63%. As for the types of products, it can be divided into nitrogen content 27% and nitrogen content 15.5%. Nitrogen content 27% is the largest segment, holding a share about 86%. In terms of application, it can be divided into agriculture and horticulture. The most common application is in agriculture, with a share over 90%.

Market Analysis and Insights: Global Calcium Ammonium Nitrate Market
The global Calcium Ammonium Nitrate market was valued at US$ 2522.5 million in 2020 and it is expected to reach US$ 3940 million by the end of 2027, growing at a CAGR of 4.9% during 2021-2027.

Global Calcium Ammonium Nitrate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Calcium Ammonium Nitrate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Nitrogen Content 27%
Nitrogen Content 15.5%

Segment by Application
Agriculture
Horticulture

By Company
EuroChem
Yara
Uralchem
Borealis
Nutrien
Achema
OSTCHEM Holding
Pakarab Fertilizers
Incitec Pivot
Sasol
Huaxin Group Corporation
Shangxi Jiaocheng Chemical
Shanxi Knlan Chemical
Shanxi Leixin Chemical
Wentong Group
Shanxi Jiaocheng Tianlong Chemical
Dongxing Chemical

Production by Region
North America
Europe
China
Pakistan
Australia
South Africa

Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE