- Calcium ammonium nitrate, a widely used nitrogen-based fertilizer, plays a critical role in agriculture by providing essential nutrients for crop growth, improving soil health, and minimizing environmental impact due to its low ammonia volatilization
- The surge in demand is fueled by the global push for food security, increasing agricultural productivity, and the rising use of calcium ammonium nitrate in non-agricultural applications such as explosives and water treatment
- Asia-Pacific dominated the calcium ammonium nitrate market with the largest revenue share of 42.5% in 2024, driven by extensive agricultural activities, large-scale farming, and government support for modern farming techniques in countries such as China and India
- Europe is expected to be the fastest-growing region during the forecast period due to stringent environmental regulations promoting sustainable fertilizers and increasing investments in precision agriculture
- The fertilizer grade segment dominated the largest market revenue share of 60.2% in 2024, driven by its widespread use in agriculture for providing essential nitrogen and calcium nutrients to crops, enhancing soil fertility, and improving crop yields
