GineersNow Oil Refineries, March2020 chemical, crude, fuel, drilling, exploration, LNG, energy, offshore, onshore, petroleum, lubricant, petrochemical, energy, refineries, upstream, midstream, downstream

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NEWSThe Ammonia IndustryAmmonia market worldwide is projected to grow by US$21.4Billion, driven by a compounded growth of 5%. Liquid, oneof the segments analyzed and sized in this study, displays thepotential to grow at over 5.6%. The shifting dynamics supporting thisgrowth makes it critical for businesses in this space to keep abreast ofthe changing pulse of the market. Poised to reach over US$37.1 Billionby the year 2025, Liquid will bring in healthy gains adding significantmomentum to global growth.Representing the developed world, the United States will maintain a3.9% growth momentum. Within Europe, which continues to remainan important element in the world economy, Germany will add overUS$740.7 Million to the region’s size and clout in the next 5 to 6 years.Over US$612.2 Million worth of projected demand in the region willcome from Rest of Europe markets. In Japan, Liquid will reach a marketsize of US$2 Billion by the close of the analysis period. As the world’ssecond largest economy and the new game changer in global markets,China exhibits the potential to grow at 8% over the next couple of yearsand add approximately US$6.3 Billion in terms of addressableopportunity for the picking by aspiring businesses and their astuteleaders.64
Presented in visually richgraphics are these and manymore need-to-knowquantitative data important inensuring quality of strategydecisions, be it entry into newmarkets or allocation ofresources within a portfolio.Several macroeconomicfactors and internal marketforces will shape growth anddevelopment of demandpatterns in emergingcountries in Asia-Pacific,Latin America and the MiddleEast.All research viewpointspresented are based onvalidated engagements frominfluencers in the market,whose opinions supersede allother research methodologies.Competitors identified inthis market include amongothers, BASF SE; CFIndustries Holdings, Inc.;China National PetroleumCorporation (CNPC);China Petroleum &Chemical Corporation(SINOPEC);HuaqiangChemical Group Co., Ltd.;Rashtriya Chemicals andFertilizers Ltd.;Shanxi Jinfeng Coal ChemicalIndustry Co., Ltd.;Yara International ASA65
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GineersNow Oil Refineries, March2020 chemical, crude, fuel, drilling, exploration, LNG, energy, offshore, onshore, petroleum, lubricant, petrochemical, energy, refineries, upstream, midstream, downstream

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