155mm Ammunition Global Market Report 2023 – By Technology (Guided, Unguided), By Application (Projectiles, Propellants, Tanks, Other Applications), By End User (Naval Forces, Ground Forces) – Market Size, Trends, And Global Forecast 2023-2032

The ammunition refer to materials such as bullets, rockets, bombs, shrapnel, or shells that are fired, scattered, dropped, or detonated from any weapons. Ammunition comes in a range of types and sizes that are often designed to work only in specific weapon systems. Ammunition is a disposable weapon as well as the components of other weapons that produce the effect on a target. The main products of ammunition include bullets, aerial bombs, grenades, artillery shells, and mortars. Bullets refer to the kinetic projectile, a part of firearm ammunition that is shot from a gun barrel. Bullets are made of different materials such as lead, copper, steel, polymer, wax, and rubber. The small, medium, large, and other caliber ammunitions are used in equipment with a different operating mechanism which includes a non-guided and guided mechanism. They are used for both defense and civil & commercial applications. The global ammunition market is segmented - 1) By Product: Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars 2) By Caliber: Small, Medium, Large, Other Calibers 3) By Guidance Mechanism: Non-guided, Guided 4) By Application: Defense, Less-lethal The global ammunition market size grew from $25.6 billion in 2022 to $27.48 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ammunition market size is expected to grow to $34.94 billion in 2027 at a CAGR of 6.2%. The growing personal safety concerns and increasing shooting ranges are propelling the growth of the ammunition market. The increasing terrorist activities, mass shootings, increasing gangster activities, and increasing awareness for self-defense are the main reasons for the growing personal safety concerns while the rising awareness about the safe use of guns is the main reason for increasing shooting ranges. These growing personal safety concerns and increasing shooting ranges have led to the increased procurement of small caliber ammo for personnel safety. For instance, according to a survey commissioned in June 2021 by a nonpartisan American think tank the Pew Research Center, 44% of Republicans and Republican-leaning independents personally own a gun, compared with 20% of Democrats and Democratic leaners. 39% of the men own a gun, compared with 22% of women. In addition, 41% of adults in rural areas own a firearm, compared to about 29% of those in the suburbs and 2 in 10 in cities. The leading reason for owning a gun and firearm was personal safety or protection. Therefore, increasing prevalence of increasing personal safety concerns and increasing shooting ranges is expected to boost demand for ammunition during the forecast period. Major players in the ammunition market are Northrop Grumman Corporation, General Dynamics Corporation, CBC Global Ammunition, Olin Corporation, Ruag Ammotec, BAE Systems, Thales Group, Rheinmetall AG, Nexter KNDS Group, Elbit Systems, Nammo AS, Ammo Inc., Indian Ordnance Factories, Saab AB, Hanwha Corporation, and Arsenal JSCo. The R&D activity to develop advanced ammunition is a key trend in the ammunition market. Key players and related stakeholders are increasingly focusing on research and development activities to advance the ammunition. The rising incidences of armed international conflicts have directed several countries to enhance their military strengths through the procurement of advanced ammunition and equipment. As a result of this, the defense expenditure for ammunition procurement and R&D activities has increased significantly across the globe over the past few years. For instance, in April 2021, Lonestar Future Weapons, a US-based advanced technology company focused on the manufacture of next-generation defense solutions formed a strategic alliance with a US-based manufacturer of composite-cased ammunition True Velocity to create synergy by utilizing the expertise of both companies in R&D, precision manufacturing, quality control, and production efficiency. The alliance will focus on the research and development of next-generation weapons and ammunition solutions. In October 2020, Vista Outdoor Inc., a US-based shooting sports company acquired certain assets and intellectual property related to the ammunition and accessories businesses of Remington Outdoor Company for $81.4 million. This acquisition enables Vista Outdoor to utilize the collective scale, manufacturing infrastructure, distribution channels, and other expertise of both companies to offer Remington products to more customers. Remington Outdoor Company is a US-based company manufacturing firearms and ammunition. North America was the largest region in the ammunition market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ammunition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ammunition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The ammunition market consists of sales of ammunition components such as primers, cartridge cases and propellant powders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ammunition market research report is one of a series of new reports from The Business Research Company that provides ammunition market statistics, including ammunition industry global market size, regional shares, competitors with an ammunition market share, detailed ammunition market segments, ammunition market trends and opportunities, and any further data you may need to thrive in the ammunition industry. This ammunition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The armored vehicle is a self-propelled, weaponized military vehicle used for combat operations. The armored vehicles combine operational mobility with offensive and defensive capabilities. The main vehicle types of armored vehicles are armored personnel carriers, infantry fighting vehicles, main battle tanks, tactical trucks, buses, and others. An armored personnel carrier is a type of armored military vehicle used to transport personnel and equipment in combat zones. The various platforms include combat vehicles, combat support vehicles, unmanned armored ground vehicles, and the different systems involved are the engine, drive system, ballistic armor, fire control system (FCS), armaments, ammunition handling system, countermeasure system, command and control system, and others. By mobility, the armored vehicles are classified into tracked, wheeled, 4x4, 6x6, 8x8, and others. The global armored vehicles market is segmented – 1) By Vehicle Type: Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Others 2) By Platform: Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles 3) By System: Engine, Drive System, Ballistic Armor, Fire Control System (FCS), Armaments, Ammunition Handling System, Countermeasure System, Command and Control System, Others 4) By Mobility: Tracked, Wheeled, 4X4, 6X6, 8X8, Others The global armored vehicles market size will grow from $11.73 billion in 2022 to $12.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global armored vehicles is expected to grow to $15.34 billion in 2027 at a CAGR of 5.1%. Increased military spending is expected to fuel the growth of the armored vehicle market over the forecast period. Countries around the world are investing in the military because of their conflicts and rivalries with other nations. Military expenditure covers operations, maintenance, arms acquisition, armored vehicles, and military research and development. For instance, in April 2022, according to the Stockholm International Peace Research Institute (SIPRI), a Sweden-based international research institute on arms control, arms transfers and non-proliferation, in 2021, total global military spending was expected to increase by 0.7% in real terms to $2113 billion. This was the seventh year in a row that spending increased. Military R&D funding in the United States increased by 24% between 2012 and 2021, while China, the world's second-largest spender, allocated an estimated $293 billion to its military in 2021, a 4.7% increase over 2020. China's military spending has increased for the past 27 years. Major players in the armored vehicles market are BAE Systems, Oshkosh Corp., International Armored Group, General Dynamics Land Systems, Textron, Rheinmetall, Lockheed Martin, Krauss-Maffei Wegmann, INKAS Armored Vehicle, Elbit Systems, IVECo., Lenco Industries, Navistar, Thales Group, STREIT Group, UralVagonZavod, Ukroboronprom, NORINCo., BMW, Ford Motor Company, The Raytheon and Mitsubishi Heavy Industries and Hyundai. The high cost of armored vehicles is expected to limit the growth of the armored vehicle market in the forecast period. The cost of armored vehicles is high because armored vehicles are fitted with strict attention to quality to provide uncompromising protection while on the route. For example, the Inkas Sentry Civilian is an armed personnel carrier that starts at a base price of $350,000. Therefore, the high cost of armored vehicles hinders the growth of the armored vehicle market. The unmanned armored vehicle is a key trend gaining popularity in the armored vehicle market. The use of unmanned armored vehicles in the defense sector is increasingly evolving, and military organizations around the globe are experimenting with their use in an attempt to understand what such systems can bring and how they can best be incorporated into existing power structures. For instance, in March 2020, the first unmanned armored vehicle from SOORAN, capable of fighting on battlefields and operating from a distance, grabbed the attention of the Indian Army. Sooran is an artificial intelligence multi-terrain vehicle fitted with a petrol engine and can be controlled in three modes, including remote teleoperation, mobile control station teleoperation, and autonomous mode. In May 2020, BAE Systems, a USA-based aerospace company, acquired Raytheon Company for an undisclosed amount. This acquisition augments BAE Systems’ portfolio in airborne communications with broad-spectrum, multi-band, multi-channel radios that feature robust anti-jamming and encryption capabilities. Raytheon Company is a US defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. Asia-Pacific was the largest region in the armored vehicles market in 2022. Western Europe is expected to be the fastest-growing region in the global armored vehicles market during the forecast period. The regions covered in the global armored vehicles market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the armored vehicles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The armored vehicle market consists of sales of armored vehicles such as tanks, tank destroyers, infantry fighting vehicles, armored personnel carriers, and self-propelled guns. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The armored vehicles market research report is one of a series of new reports from The Business Research Company that provides armored vehicle market statistics, including global market size, regional shares, competitors with an armored vehicle market share, detailed armored vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the armored vehicle industry. This armored vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ammonia generally refers to a colorless gas composed of hydrogen and nitrogen. It is the simplest stable compound of these elements and is used to make a variety of commercially relevant nitrogen compounds. Ammonia is used as a fertilizer in the agricultural industry. Ammonia is also used as a refrigerant gas, for the purification of water supplies, and in the manufacture of plastics, explosives, textiles, pesticides, dyes and other chemicals. The main products in ammonia include anhydrous ammonia and aqueous ammonia. Anhydrous ammonia is composed of a gas substance and does not contain water. It is a cost-effective and commonly used nitrogen fertilizer, simple to implement and easily available to producers. The different forms of ammonia include liquid and powder and it is used in various industries including fertilizers, chemicals, refrigeration, pharmaceutical, fibers and plastics, pulp and papers and other application types. The global ammonia market is segmented - 1) By Product Type: Anhydrous Ammonia, Aqueous Ammonia 2) By Form Type: Liquid, Powder 3) By Application Type: Fertilizers, Chemicals, Refrigeration, Pharmaceutical, Fibers and Plastics, Pulp and Papers, Other Application Types The global ammonia market size grew from $66.85 billion in 2022 to $71.02 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The ammonia market size is expected to grow to $90.66 billion in 2027 at a CAGR of 6.3%. The growth of the fertilizer industry is contributing to the growth of the ammonia market. Ammonia is used as ammonium nitrate fertilizer, which releases nitrogen, an essential nutrient for growing plants, including farm crops and lawns. The rapid growth in fertilizer industry is expected to boost utilization of ammonia as it is widely used in manufacturing of fertilizers. For instance, in March 2021, according to the sales and production report of fertilizers shared by Care Ratings, after growing by 4.2% in the previous ten months, fertilizer production in India climbed by 3% in the ten months of FY21. During the same period, overall fertilizer sales climbed by 19.4%. Overall, it is expected to see the consumption and the growth in demand continue. Therefore, an increase in the growth of the fertilizer industry is predicted to boost the demand for ammonia during the forecast period. Major players in the ammonia market are Yara International ASA, BASF SE, CF Industries Holdings, Inc., Nutrien Ltd., SABIC, Eurochem Group, Koch Fertilizer, LLC, China National Petroleum Corporation, Rashtriya Chemicals and Fertilizers Ltd., OCI Nitrogen, Uralchem JSC, Evonik Industries AG, Qatar Fertiliser Company, and Mitsubishi Gas Chemical Co., Inc. Technological advancement is a key trend gaining popularity in the ammonia market. Companies are investing in new technologies in order to improve energy efficiency and have the lowest CO2 emission. For instance, in May 2021, Netherland-based Stamicarbon Company, involved in designing and project development of chemical plants, launched a green ammonia technology process Stami Green Ammonia technology, paving the path for the production of sustainable fertilizers. To eliminate carbon from the ammonia production process, the technology uses renewable resources such as sun, wind, and hydrogen from water rather than fossil fuels. Such innovation is certainly a key trend in the ammonia market and will help the market grow further. In June 2020, Aramco, Saudi Arabian oil and petrochemicals company acquired 70% stake in SABIC from the Public Investment Fund (PIF) for $69.1 billion amount. With this acquisition, Aramco is focused on enhancing its presence in the global petrochemicals industry and will be a big step forward in Aramco's Downstream strategy. SABIC (Saudi Basic Industries Corporation) is a Saudi Arabia-based chemical manufacturing company, who also operates in ammonia sector. Asia-pacific was the largest region in the ammonia market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the ammonia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ammonia market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The ammonia market consists of sales of ammonia in the form of liquid, gas and powder. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ammonia market research report is one of a series of new reports from The Business Research Company that provides ammonia market statistics, including ammonia industry global market size, regional shares, competitors with an ammonia market share, detailed ammonia market segments, market trends and opportunities, and any further data you may need to thrive in the ammonia industry. This ammonia market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ammonium sulfate is a white, odorless solid widely used as a soil fertilizer and for other agricultural uses. It is also used as a food additive, wood preservative, reagent, and others. Ammonium sulfate refer to an inorganic salt obtained by a reaction of sulfuric acid and two equivalents of ammonia. The main forms of ammonium sulfate are solid and liquid. The solid ammonium sulfate refers to ammonium sulfate, which is solid in the form. The solid ammonium sulfate is commonly in the form of salt or powder, used as a fertilizer in agriculture. The main applications of ammonium sulfate include fertilizers, pharmaceuticals, food and feed additives, water treatment, and other applications. The global ammonium sulfate market is segmented - 1) By Product: Solid, Liquid 2) By Application: Fertilizers, Pharmaceuticals, Food and Feed Additives, Water Treatment, Other Applications The global ammonium sulfate market size grew from $3.3 billion in 2022 to $3.54 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The ammonium sulfate market size is expected to grow to $4.43 billion in 2027 at a CAGR of 5.7%. The increasing demand for agrochemicals is driving the ammonium sulfate market. Agrochemicals are chemicals applied on agricultural land to enhance the soil's nutrient content and promote crop development by eliminating harmful insects. The agricultural communities across the globe are adopting to agrochemicals to increase the productivity of the crops. Ammonium sulfate is the most commonly used agrochemical for alkaline soils, since the ammonium ions are released when added to moist soil. As a result, a small quantity of acid is produced, reducing the soil's pH equilibrium. Furthermore, it contributes nitrogen, which promotes plant growth. According to the report published by CARE Ratings, a credit rating, research and advisory committee, on agrochemicals industry in 2021, the technical grade agrochemical production increased by 11.9% in FY21. Thus, the rise in demand for agrochemicals is expected to boost the demand for ammonium sulfate during the forecast period. Asia-Pacific was the largest region in the ammonium sulphate market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ammonium sulfate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Research and development activities are a key trend gaining popularity in the ammonium sulfate market. Organizations are undertaking research and development activities to achieve efficiency in the production process of ammonium sulfate. For instance, in 2020, Alto University, a Finland-based research university, has developed the NPharvest project in collaboration with different stakeholders. NPHarvest is a method that makes it possible to recover significant levels of nitrogen and phosphorus, which are found in wastewater, in a way that results in a slurry high in phosphorus and calcium and pure ammonium sulfate solution that can be used as fertilizer. Energy and natural resources can be conserved by using the NPHarvest process for manufacturing recycled fertilizer since it decreases the quantity of nutrients discharged into waterways and the amount of energy and chemicals needed for aeration and wastewater treatment. In July 2022, Evonik Corporation is a German-based specialty chemicals has partnered with Interoceanic Corporation, a US-based company involved procurement and distribution of bulk chemical fertilizer and industrial chemicals. With this collaboration, Evonik aimed to provide Interoceanic Corporation with blueSulfate, a liquid ammonium sulphate (8-0-0-9) solution (IOC). By distributing high-value byproducts of its methionine manufacturing network for crop fertilization through IOC, this partnership complements Evonik's goal to concentrate on its core business in animal nutrition. Major players in the ammonium sulfate market are Lanxess, Arkema, Sumitomo Chemical, Domo Chemicals, Evonik Industries, Helm AG, Honeywell International, BASF SE, AdvanSix, Fibrant, Ube Industries, OCI Nitrogen, Martin Midstream, and Gujarat State Fertilizers and Chemicals (GSFC) . The countries covered in the ammonium sulfate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The ammonium sulfate market consists of sales of ammonium sulfate that is used as a food additive and as insecticide. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ammonium sulfate market research report is one of a series of new reports from The Business Research Company that provides Ammonium sulfate market statistics, including ammonium sulfate industry global market size, regional shares, competitors with an ammonium sulfate market share, detailed ammonium sulfate market segments, market trends and opportunities, and any further data you may need to thrive in the ammonium sulfate industry. This ammonium sulfate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The crop protection chemicals are used to manage and minimize weeds and plant diseases. The crop protection chemicals are known as a class of agrochemicals that consists of chemical substances which help in preventing crop deterioration from pests and insects infestation. The main types of crop protection chemicals are fungicide, insecticide, nematicide, and herbicide. Fungicide is a pesticide that is used by farmers to control the fungi which damage the plants in fields. They can be of synthetic and bio-based origin and can be applied by various modes of applications such as foliar spray, soil treATMents, seeds treATMents, others. The main applications are grains and cereals, pulses and oilseeds, fruits and vegetables, and commercials crops. The global crop protection chemicals market is segmented - 1) By Type: Fungicide, Insecticide, Nematicide, Herbicide 2) By Origin: Synthetic, Bio-Based 3) By Mode Of Applications: Foliar Spray, Soil TreATMents, Seeds TreATMents, Other Mode Of Applications 4) By Applications: Grains And Cereals, Pulses And Oilseeds, Fruits And Vegetables, Commercials Crop The global crop protection chemicals market size grew from $60.7 billion in 2022 to $64.62 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the crop protection chemicals is expected to grow to $78.95 billion in 2027 at a CAGR of 5.1%. The increasing need for food owing to the rising population is significantly contributing to the growth of the crop protection chemicals market. Food is any nutritious substance that is consumed by people to maintain growth and life. As the world's population grows, so does the demand for high-yielding crops and crop protection. As a result, the demand for crop protection chemicals in the fields grows as well. For instance, according to the Food and Agriculture Organization (FAO), in 2020, one in every three people, or 2.37 billion people, did not have enough food access in 2020, and over 660 million people may face famine by 2030. Therefore, the increasing need for food owing to the rising population is expected to propel the crop protection chemicals market growth going forward. Major players in the crop protection chemicals market are BASF SE, Bayer CropScience AG, Syngenta International AG, Sumitomo Chemicals, Nufarm Ltd., ChemiChina Corporation, Corteva Agriscience, UPL Limited, FMC Corporation, American Vanguard Corporation, ISAGRO Spa, Bioworks Inc., Ishihara Sangyo Kaisha Ltd., Marrone Bio Innovations Inc., and Rotam Cropscience Ltd. Technological advancements have emerged as a key trend in the crop protection chemicals market. Major companies operating in the crop protection chemicals sector are focused on developing new technological solutions to promote their growth and reach consumer demand. For instance, in November 2021, Syngenta Crop Protection, a Switzerland-based agricultural science, and technology company launched PLINAZOLIN technology with IRAC Group 30, a novel mode of action that protects crops from a wide variety of pests. It replaces previous, less effective chemicals and provides an effective solution in resistance control tactics. PLINAZOLIN technology’s sunshine stability and rain resistance enable wider spray intervals and fewer applications to improve crop performance and efficiency. In January 2020, Crystal Crop Protection Ltd., an India-based agrochemical products company acquired three insecticide brands Dursban, Nurelle-D, and Predator from Corteva Agriscience for an undisclosed amount. Through this acquisition, Crystal Crop aimed to strengthen its strategy in diversifying its product portfolio and to grow its market presence. Corteva Agriscience is a US-based agricultural chemical company that offers crop protection chemicals. North America was the largest region in the crop protection chemicals market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global crop protection chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the crop protection chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The crop protection chemicals market consists of sales of rodenticides and baceticides. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The crop protection chemicals research report is one of a series of new reports from The Business Research Company that provides crop protection chemicals statistics, including crop protection chemicals industry global market size, regional shares, competitors with crop protection chemicals share, detailed crop protection chemicals segments, market trends and opportunities, and any further data you may need to thrive in the crop protection chemicals industry. This crop protection chemicals research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The chemical fertilizers refer to synthetic compound substances that are specifically used to improve crop yield. These fertilizers are produced from sewage or animal waste, and nitrogenous or phosphatic materials along with other ingredients. The main types of chemical fertilizers are nitrogen fertilizer, phosphate fertilizer, and potash fertilizer. Nitrogen fertilizer is a substance, like manure or a mixture of nitrates, added to soil or water to increase its productivity. The crop categories are cereals, oilseeds, vegetables, fruits, and other crop categories. The forms are solid, liquid, and gaseous. The product types are complex fertilizers, dap, mop, urea, ssp, and other product types. The methods of application are broadcasting, drop spreading, fertigation, and foliar spray. The global chemical fertilizers market is segmented - 1) By Type: Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer 2) By Crop Category: Cereals, Oilseeds, Vegetables, Fruits, Other Crop Categories 3) By Method of Application: Broadcasting, Drop Spreading, Fertigation, Foilar Spray 4) By Form: Solid, Liquid, Gaseous 5) By Product Type: Complex Fertilizers, DAP, MOP, Urea, SSP, Other Product Types The global chemical fertilizers market grew from $159.16 billion in 2022 to $169.17 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The chemical fertilizers market is expected to grow to $214.07 billion in 2027 at a CAGR of 6.1%. Farmers all around the world are adopting intensive farming techniques to increase productivity per hectare. Intensive farming is an agricultural intensification and mechanization system that aims to maximize yields from available land through various means, such as heavy use of pesticides and chemical fertilizers. These techniques help to meet the rising demand for food of the growing population and help to prevent food shortages. Some intensive farming techniques, such as monoculture, drive the demand for fertilizers. Monoculture is the practice of growing one type of crop intensively over a large area, thus depleting nutrients in the soil and making it heavily dependent on synthetic fertilizers. Major companies in the chemical fertilizers market include Sinopec Limited, Yara International ASA (ADR), Guardian Industries LLC, Nutrien Ltd., Marubeni, Mitsui, BASF SE, CF Industries Holdings Inc., Israel Corp Ltd., and Sinofert Holdings Limited. The fertilizer market is likely to be affected by the rising use of bio-fertilizers due to the adverse impact of synthetic fertilizers on soil and other environmental concerns. A bio-fertilizer contains living microorganisms such as bacteria, fungi, and algae, which are capable of fixing atmospheric nitrogen or converting soluble phosphate and potash in the soil into forms available to the plants. Bio-fertilizers promote growth in plants by increasing the supply or availability of primary nutrients to the host plant. The negative effects of long-term chemical fertilizer use on the soil boosted the use of bio-fertilizers. Phosphorus is being recovered from sewage, manure, and other sources and made available as a fertilizer. Since phosphorus is a finite source, companies are looking for ways to recycle or recapture phosphorus to be used in agriculture. Plant-available phosphorus content is increased through anaerobic digestion and composting and in sludge from sewage through acid treatment and oxidation. According to research conducted by the Luke Research Agency in Finland, manure and sludge when treated appropriately can provide more phosphorus than traditional inorganic fertilizers. Asia-Pacificwas the largest region in the chemical fertilizers market in 2022. North Americawas the second-largest region in the chemical fertilizers market. The regions covered in the chemical fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the chemical fertilizers market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The chemical fertilizers market consists of the sales of phosphorus fertilizers, calcium, magnesium and sulphur fertilizers, micronutrient fertilizers, and Inhibitors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The chemical fertilizers market research report is one of a series of new reports from The Business Research Company that provides chemical fertilizers market statistics, including chemical fertilizers industry global market size, regional shares, competitors with a chemical fertilizers market share, detailed chemical fertilizers market segments, market trends and opportunities, and any further data you may need to thrive in the chemical fertilizers industry. This chemical fertilizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Fertilizer additives are a type of chemical additive or material that is mixed with fertilizers such as urea, ammonium nitrate, calcium ammonium nitrate, and others to improve the quality and performance of the fertilizers. It is also used to prevent the loss of important macro- and micronutrients, including nitrogen, phosphorus, potassium, calcium, manganese, and iron, from soil and the environment. Farmers widely use it to develop healthy, nutrient-dense crops and ensure soil fertility in the long run. The main types of fertilizer additives include dust control agents, anti-caking agents, anti-foam agents, granulation agents, colorants, corrosion inhibitors, and hydrophobing agents. The term "dust control" refers to an ecological agent that is used to solidify and stabilize any soil. This system is implemented to reduce or eliminate dust emissions from activities that cause erosion by generating airborne and fugitive dust. Based on form, they are differentiated into powdered, granular, and prilled, and they are used in the manufacturing of urea, ammonium nitrate, diammonium nitrate, monoammonium nitrate, ammonium sulphate, triple superphosphate, and other applications. The global fertilizer additives market is segmented - 1) By Type: Dust Control Agents, Anti-Caking Agents, Anti-Foam Agents, Granulation Aids, Colorants, Corrosion Inhibitors, and Hydrophobing Agents 2) By Form: Granular, Prilled, Powdered 3) By Application: Urea, Ammonium Nitrate, Diammonium Phosphate, Monoammonium Phosphate, Ammonium Sulfate, Triple Superphosphate, Other Applications The global fertilizer additives market size grew from $2.87 billion in 2022 to $2.99 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the fertilizer additives market is expected to grow to $3.47 billion in 2027 at a CAGR of 3.9%. Rise in demand for agricultural commodities is driving the growth of the fertilizer additives market. Agricultural commodities are staple crops and animals raised on farms or plantations. In agricultural commodity production activities, fertilizer additives are used to enhance the performance and control the application of fertilizer. For instance, according to the data published in Organization for Economic Co-operation and Development, the global agricultural production is expected to increase from 766 million tons in 2020 to 839 million tons in 2030. The increase in demand and production of agricultural commodities is expected to boost demand for fertilizer additives during the forecast period. Major players in the fertilizer additives market are KAO Corporation, Novochem Group, Clariant, Solvay, Filtra Catalysts & Chemicals Ltd., ArrMaz, Chemipol, Forbon Technology, Michelman, Inc., Tolsa Group, Dorf Ketal, Corteva Agriscience, BASF SE, Holland Novochem BV, and Hubei Forbon Technology Co., Ltd. The adoption of new technologies is a key trend gaining popularity in the fertilizer additive market. The companies operating in the fertilizer additives market are utilizing ammonia technology, urea formaldehyde concentrate technology, and nanotechnology in their product development and manufacturing processes to reduce their carbon footprint and shift towards environmentally friendly manufacturing processes. For instance, in May 2021, Stamicarbon announced the introduction of Stami Green Ammonia Technology as a solution to the world carbon problem. To eliminate carbon from the process, the technique uses renewable resources instead of fossil fuels, paving the way for sustainable and green fertilizer production. In September 2021, Yara Suomi Oy, a Finland-based manufacturer of fertilizer, acquired Ecolan Oy, a Finland-based provider of fertilizer and its additives, for an undisclosed amount. Through this acquisition, Yara Suomi Oy will be able to improve nutrient use efficiency in the organic farming segment by capitalizing on our deep crop nutrition knowledge from Ecolan Oy. North America was the largest region in the fertilizer additives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fertilizer additives market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fertilizer additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The fertilizer additives market consists of sales of drying agents that are used as fertilizer additives. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fertilizer additives market research report is one of a series of new reports from The Business Research Company that provides fertilizer additives market statistics, including fertilizer additives industry global market size, regional shares, competitors with a fertilizer additives market share, detailed fertilizer additives market segments, market trends and opportunities, and any further data you may need to thrive in the fertilizer additives industry. This fertilizer additives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Chemical compounds are substances that are produced based on the transformation of organic and inorganic raw materials by a chemical process and the formulation of products. Chemicals have characteristics such as flammability, toxicity, acidity, reactivity, and heat of combustion. The main types of chemicals are general chemical products, printing inks, toiletries, soap and cleaning compounds, adhesives, paints and coatings, pesticide and other types of agricultural chemicals, chemical fertilizers, synthetic rubber and fibers, plastic material and resins, ethyl alcohol, and other basic types of organic chemical, and other types of basic inorganic chemical, synthetic dye, and pigment, industrial gas, and petrochemicals. Printing ink is ink used in printing and contains a pigment or pigments of the required color mixed with oil or varnish. The types of intermediate chemicals are methanol, ethylene oxide, and propylene oxide. The end-users involved are pharmaceuticals, agrochemicals, water treatment, construction, paints and dyes, oil and gas, rubber chemicals, surfactants, personal care, and other end-users. The global chemicals market is segmented - 1) By Type: General Chemical Product, Printing Inks, Toiletries, Soap and Cleaning Compounds, Adhesives, Paints and Coatings, Pesticide and Other Agricultural Chemicals, Chemical Fertilizers, Synthetic Rubber and Fibers, Plastic Material and Resins, Ethyl Alcohol and Other Basic Organic Chemical, Other Basic Inorganic Chemical, Synthetic Dye and Pigment, Industrial Gas, Petrochemicals 2) By Type of Intermediate Chemicals: Methanol, Ethylene Oxide, Propylene Oxide 3) By End User: Pharmaceuticals, Agrochemicals, Water Treatment, Construction, Paints and Dyes, Oil & Gas, Rubber Chemicals, Surfactants, Personal Care, Other End-Users Subsegments Covered: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks, Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations, Soap and Other Detergents, Surface Active Agents, Polish and Other Sanitation Goods, Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive & Other Adhesives, Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints and Coatings, Herbicides, Insecticides, Fungicides, Other Pesticide and Other Agricultural Chemicals, Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer, Synthetic Fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylene Propylene (EPDM), Other Synthetic Rubber and Fibers, Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins, Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals Synthetic Dye, Synthetic Pigments, Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas, Ethylene-Petrochemicals, Propylene-Petrochemicals, Benzene-Petrochemicals, Xylene, Styrene-Petrochemicals, Toluene, Cumene, Other Petrochemicals. The global chemicals market size will grow from $4700.13 billion in 2022 to $5079.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of chemicals is expected to grow to $6851.59 billion in 2027 at a CAGR of 7.8%. Interest rates were low in most developed countries during this period. This positively impacted the growth of the chemicals market. For instance, in March 2020, the Bank of England, a UK-based central bank, reduced interest rates to 0.1%, the lowest level ever, as a measure of protest against COVID-19. These low-interest rates encouraged borrowing and increased the flow of money for investment. This allowed chemical companies to borrow money for process improvements, thus driving the market during the historic period. Major companies in the chemicals market include JXTG Holdings Inc., Sinopec Limited, BASF SE, Procter & Gamble, Unilever plc, L'Oreal SA, Dow Inc., Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Holdings Corp, and Guardian Industries, LLC. Rising costs had a negative impact on the growth of the industrial gas market during the forecast period. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Chemical companies are increasingly adopting sustainable and eco-friendly processes to eliminate the negative impact of chemical manufacturing on the environment. Evolution in technology and chemical sciences enables chemical companies to utilize alternative fuels to produce chemical products. They are using naturally available carbon dioxide to produce fuels, industrial products, and other substances. For instance, Akzo Nobel N.V., a chemicals and coatings giant, is planning to make a seven-figure investment in Green Lizard Technologies’ patented process to make surfactants from plants rather than from oils. Asia-Pacific was the largest region in the chemicals market in 2022. North America was the second-largest region in the chemicals market share. The regions covered in the chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the chemicals market report are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The chemicals market consists of the sales of petrochemicals, industrial gas, ethyl alcohol, organic chemicals and inorganic chemicals, resins, synthetic rubber, and artificial and synthetic fibers and filaments, pesticides, fertilizers, and other agricultural chemicals. The chemicals industry establishments produce a variety of chemical products by processing raw materials such as air, water, natural gas, oil, metals and minerals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The chemicals market research report is one of a series of new reports from The Business Research Company that provides chemicals market statistics, including chemicals industry global market size, regional shares, competitors with a chemicals market share, detailed chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the chemicals industry. This chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.