North America Ammonium Market Outlook

the outlook for the north american ammonium market from 2018 to 2032 is promising as the fertilizers made from ammonium are widely used by agricultural producers across the continent. through this period, it is expected that the demand for agricultural products to keep growing, which, in turn, will suggest that there is always a need for ammonium-based fertilizers for better crop production and higher yield. in terms of market structure, north america the ammonium market is made up of both producing and consuming nations in canada and the united states. with regards to imports, the majority of ammonium in north america is imported from south america and asia pacific. major players in these regions include china, brazil, and india. most of the exports, in terms of both volume and value, go to mexico, brazil, and canada. in terms of customer segmentation, the north american ammonium market is divided into two distinct categories: agricultural producers and non-agricultural consumers. in the first category, the major players are farmers while the latter includes industrial and chemical producers. for north america, the demand for ammonium mostly centers around the fertilizer industry where it is used for high quality crop production. on the other hand, other non-agricultural customers in the north american ammonium market use it for industrial purposes such as cleaning and as a feedstock for feed additives. as these industries continue to expand and their demand for ammonium rises, the north american ammonium market will also continue to grow and develop. going forward, it is expected that north american ammonium market will experience considerable growth due to changing agriculture needs and different production techniques being developed. additionally, the development of new and improved technologies for ammonium extraction, production, and processing methods will also provide a much needed boost for the market. in the long-term, better production-efficiency and new customer segments are expected to be the catalyst for further market growth up to 2032.