France Ammonia Market

Synopsis
The above chart is France Ammonia Market Outlook (2018 to 2032)

Market Dynamics

france’s ammonia market is expected to witness a steady growth in the forecast period of 2018 to 2032. ammonia is used for a wide range of industrial applications, such as fertilizer production, petroleum refining, and the production of organic compounds. as such, it is seen as a key input for many of the industries in france. in 2018, the total demand for ammonia in france was estimated to be around 6.3 million tonnes. this is expected to increase as various industries continue to expand in the country. moreover, with increased government incentives for the establishment of energy efficient and environment-friendly plants, the demand for ammonia is anticipated to rise further in the medium to long term. the major raw material for ammonia production in france is natural gas. france’s supplies of natural gas are generally sourced from various countries around the world, including algeria, the united kingdom, norway, and russia. this has enabled the country to meet the rising demand for the product in recent years. furthermore, there are a number of suppliers in the country that are able to provide the product in various concentrations. this includes both liquid ammonia and anhydrous ammonia. this helps to meet the demand from various industries in france, while ensuring that quality standards are not compromised. apart from the domestic production, france also imports ammonia in large quantities from across the world. the majority of imports of ammonia are from the united states, the netherlands, russia, and other countries in the eu. as such, it is important for france to invest in the capacity of its domestic suppliers, in order to meet the growing requirements. overall, the outlook for france’s ammonia market is positive. this is mainly due to the country’s strong economic growth, which is expected to drive up demand for the product. the government’s focus on increasing energy-efficiency and sustainability in industry is also likely to support the growth of the ammonia market in the future.