Global Calcium Ammonium Nitrate (CAN) Market Overview:
Calcium ammonium nitrate, also known as nitro limestone and nitro chalk. It is one of the most widely used fertilizers worldwide. The fertilizer has the ability to neutralize acidic soil and has neutral physiological properties. Farmers widely use nitrogen because it is known to be rapidly absorbed by plant roots during the fruiting stage. Calcium helps improve soil health over a long period of time. The mixture consists of about 8% calcium and 21% to 27% nitrogen. Therefore, they are extensively used to improve root and soil health and are widely used as an alternative to ammonium nitrate.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Population and Food Requirements Worldwide and Rising eco-friendly fertilizer method
Market Growth Drivers:
Growing Demand for By-Products from Various Processes in Pharmaceutical, Agrochemical and Chemical Industries
Challenges:
Increased Cost of Raw Materials
Restraints:
Growing Environmental Issues Associated With Nitrogen Fertilizer Use
Opportunities:
Increasing Development of New Technologies for the Production of Calcium Ammonium Nitrate
Competitive Landscape:
The presence of regional players characterizes the calcium ammonium nitrate market. The market is highly consolidated, with all players competing to gain significant market share. The major market players for ammonium nitrate compete based on cost, product quality, raw material availability, and product durability.
Some of the key players profiled in the report are Seidler Chemical Co. Inc. (United States), Barium and Chemicals (United States), Del Amo Chemical (United States), Incitec Pivot Ltd (Australia), ZimaFertiliser (India), Eurochem Agro (Europe), Calamco (United States), UralChem (Russia), Bunn Fertilizer (United Kingdom) and Helm AG (Germany).
Considering Market by , the sub-segment i.e. will boost the Calcium Ammonium Nitrate (CAN) market.Latest Market Insights:
In November 2022, UralChem built a port in Taman to handle the company's ammonia, ammonium nitrate, and other products. The port is expected to be operational by the end of 2023. The project enables the company to meet growing demand from growing economies in Asia and Africa.
In November 2022, Australia's Incitec Pivot Ltd partnered with Saudi Arabia's Modern Chemicals Company (MCC) to build Saudi Arabia's first technical-grade ammonium nitrate facility. The project in the industrial city of Ras Al Khair in the eastern province of Saudi Arabia will have a capacity of 300,000 t/y. The project will enable backward integration by ensuring a competitive and long-term domestic supply of the feedstock needed to produce civil explosives for the mining sector in the region.
What Can be Explored with the Calcium Ammonium Nitrate (CAN) Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Calcium Ammonium Nitrate (CAN) Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Calcium Ammonium Nitrate (CAN)
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Calcium Ammonium Nitrate (CAN) market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Calcium Ammonium Nitrate (CAN) market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.