Key Market Indicators
American imports and exports of ammonia are expected to reach a combined total of $296.5 million by 2026. Imports, which currently stand at $740.3 million, are forecast to drop by 25.5% between 2021 and 2026. In comparison, exports are estimated to grow by 3.3%, from $121.5 million in 2021 to $148.4 million in 2026. Since 1996, American demand for ammonia has decreased by 14.1% year on year. In 2021, the US was the 11th largest importer of ammonia, behind Egypt, Saudi Arabia, Russia and Indonesia.
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Healthcare Diagnostics: Exploring Trends in Ammonia Test Volume and Sales Segments
Recent trends in healthcare diagnostics have been marked by an appreciable uptick in ammonia testing volume. This shift can be attributed to an increased understanding of its role in various pathological processes, especially those pertaining to hepatic and renal functions. Moreover, advancements in test sensitivity and specificity have provided more...
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Exploring Potential Growth and Trends in the Evolving Ammonium Nitrate Industry
The demand for ammonium nitrate, a key component in the production of fertilizers, is primarily driven by the burgeoning domestic and international agriculture sectors. As sustainable farming practices trend upward, the need for resources such as ammonium nitrate that enhance plant growth and improve crop yields is set to rise....
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Industrial Gases Sector: Unveiling the Dynamics in the Global Liquid Nitrogen Market
The escalating demand for liquid nitrogen is essentially underpinned by its versatility in various sectors. For example, the healthcare field increasingly requires this product for cryogenic applications, such as preserving biological samples and freezing tissues. Furthermore, the technological sector has turned towards liquid nitrogen in processes like flash freezing semiconductors...
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Exploring Diverse Ammonia Technologies: Unpacking the Blue, Green, and Clean Segments
Blue ammonia refers to a version of ammonia where the production process involves the use of natural gas. Carbon capture and storage (CCS) technologies, however, are incorporated in this process to minimize the CO2 emissions that typically associate with natural gas use. This makes the blue segment an important part...
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Ammonia Sector Trends: Exploring Opportunities, Challenges, and Market Dynamics
The global ammonia market is undergoing intriguing trends due to multiple macroeconomic and sector-specific factors. The market has experienced stable growth over the years, driven primarily by increased industrial applications and the growing agricultural sector. There has been a consistent rise in the demand for fertilizers to meet the food...
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