Global Ammonium Nitrate Market Trends

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Global Ammonium Nitrate Market Size, Share, and Trends Analysis Report Trends

  • Agriculture And Animal Feed
  • Jul 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Rising Use in Mining and Explosives”

  • A significant and accelerating trend in the global ammonium nitrate market is the rising use of ammonium nitrate in mining and explosives applications, particularly in regions with expanding infrastructure and resource extraction projects
  • For instance, companies such as Orica and Enaex are supplying bulk ammonium nitrate for use in blasting agents and explosives formulations, supporting the demand from mining, quarrying, and construction sectors
  • The adoption of advanced explosives technologies, such as emulsion and ANFO (ammonium nitrate fuel oil) blends, is driving efficiency and safety in large-scale mining operations
  • Ammonium nitrate’s properties such as high oxygen content and stable storage characteristics make it a preferred choice for controlled blasting and rock fragmentation
  • This trend toward increased use of ammonium nitrate in industrial explosives is fundamentally reshaping procurement and logistics strategies for mining companies. Companies such as Yara International and CF Industries are expanding production capacity and distribution networks to meet this growing demand
  • The demand for ammonium nitrate-based explosives is growing rapidly across both developed and emerging markets, as mining and infrastructure projects accelerate to meet global resource and construction needs