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Calcium Ammonium Nitrate Market: Introduction

Calcium ammonium nitrate is also known as nitro limestone and nitro chalk. Calcium ammonium nitrate is produce by mixing powdered limestone in the ammonium nitrate. It is widely used as fertilizer across the globe. Physiological characteristics of the mixture are neutral. It has the ability to neutralize the acidic soil. Calcium ammonium nitrate is an essential source of nitrogen for plant growth. Nitrogen is quickly absorbed by the plant roots at the fruiting stage; therefore, it is extensively employed by farmers worldwide. The presence of calcium improves soil health for a long period time. The fertilizer grade of calcium ammonium nitrate contains approximately 8% of calcium and around 21% to 27% of nitrogen. Therefore, it is suitable for enhancing root and soil health. Calcium ammonium nitrate is widely used in a number of countries where ammonium nitrate is banned. Calcium ammonium nitrate is hygroscopic in nature due to which it can retain water molecules at room temperature. These properties are effectively used in the production of pharmaceutical products such as instant cold packs. Instant cold packs are small cold bag used to relax the muscles and to relieve pain caused due to minor injuries. Calcium ammonium nitrate (CAN) is also used to make explosives. 

Rise in demand for fertilizers is expected to boost the consumption of calcium ammonium nitrate during the forecast period. Increase in the global population and rise in demand for food are key factors which are expected to drive the demand for calcium ammonium nitrate during the forecast period. Easy availability of urea at a cheaper rate as compared to calcium ammonium and increase in preference for organic fertilizers are anticipated to restrain the calcium ammonium nitrate market in the next few years. 

Calcium Ammonium Nitrate Market: Segmentation

Based on end-user industry, the calcium ammonium nitrate market can be segmented into agriculture, pharmaceutical, industrial, and others. Agriculture is expected to account for a significant share in the market during the forecast period. Rise in the production of rice, wheat, maize, legumes, vegetables, and fruits is likely to fuel the calcium ammonium nitrate market in near future. The agriculture segment is sub-segmented into cereals & grains, oilseed & pulses, fruits & vegetables, and turfs & ornamentals. The cereals & grains segment is expected to continue to dominate the market during the forecast period. 

Calcium Ammonium Nitrate Market: Regional Outlook

In terms of region, the global calcium ammonium nitrate market can be categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to account for a dominant share in the market during the forecast period. Europe is a major producer of nitrate fertilizers. Presence of prominent manufacturers such as Yara International, Eurochem Group, and Helm AG in Europe is expected to fuel market in the region in the near future. The market in Asia Pacific is anticipated to expand at a significant pace during the forecast period. Rice, wheat, and maize are key crops cultivated in the region. Increase in agricultural production in countries such as China, India, and Indonesia is anticipated to propel the calcium ammonium nitrate market in Asia Pacific during the forecast period.  The market in North America is anticipated to expand at a moderate pace in the next few years. The U.S. is a major producer of maize and soybeans crops. This, in turn, is projected to drive the market the country in the near future. The market in Latin America and Middle East & Africa is anticipated to expand at a sluggish pace during the forecast period.

Calcium Ammonium Nitrate Market: Key Players

Large number of companies operate in the global calcium ammonium nitrate market.  Prominent manufacturers include Yara International ASA, Eurochem Agro, Helm AG, Pakarab Fertilizers Ltd, Origin Fertilizes Ltd, Barium and Chemicals Inc., San Corporation, Agrico Canada L.P., Fertin Agro India Pvt. Ltd, and Achema AB.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Calcium Ammonium Nitrate Market