Companies Dominating the Ammonia Market
- Acron
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- BASF
- CF INDUSTRIES HOLDINGS, INC.
- CSBP Limited
- Koch Fertilizer, LLC
- MITSUI & CO., LTD.
- Nutrien
- OCI
- SABIC
- Yara
The ammonia market remains highly competitive, and key chemical and energy manufacturers continue to invest in green ammonia production to meet increasing global demand. Many companies, including Acron, BASF, CF Industries Holdings, Koch Fertilizer, MITSUI & CO., Ltd., Nutrien, OCI, SABIC, and Yara International, are diversifying their offers to meet carbon-neutral ammonia production, large-scale fertilizer usage, and hydrogen transportation needs. These companies are involved in green ammonia projects, CCUS, and hydrogen-based ammonia production to minimize carbon emissions and foster the shift to cleaner energy.
The ammonia industry worldwide is in the early phase of a transition towards low-carbon ammonia production, and the major ammonia-producing and energy companies are at the epicenter of the change towards green ammonia for fertilizers, hydrogen carriers, and other uses. In September 2024, Woodside Energy entered a USD 2.35 billion deal to acquire OCI Clean Ammonia Holding B.V. which provides the company with access to OCI’s lower-carbon ammonia project in Beaumont, Texas. This strategic acquisition is an indication of the current and future need for low-carbon ammonia, especially in the industrial processes and as a storage medium.
Here are some leading companies in the ammonia market:
