Liquid ammonia market seen topping $120 billion by 2030

The Business Research Company says the liquid (aqueous) ammonia market will rise from $84.12 billion in 2025 to $120.28 billion by 2030, driven by fertilizer demand, water treatment growth and new industrial uses. Asia-Pacific led the market in 2025 and is expected to stay the fastest-growing region.

Why it matters: - Liquid (aqueous) ammonia sits at the intersection of agriculture, industrial chemicals and water treatment. - The market forecast points to sustained demand for nitrogen-based inputs as fertilizer use, wastewater treatment and advanced manufacturing expand. - The report’s outlook suggests growing investment in lower-carbon ammonia production and higher-purity applications.

What happened: - The Business Research Company released its Liquid (Aqueous) Ammonia Global Market Report 2026. - The market is projected to grow from $84.12 billion in 2025 to $90.64 billion in 2026. - The report forecasts the market will reach $120.28 billion by 2030. - The report uses a 7.8% CAGR for 2026 and a 7.3% CAGR for 2026-2030. - Asia-Pacific was the largest regional market in 2025 and is expected to remain the fastest-growing region through the forecast period.

The details: - The report ties near-term growth to agricultural productivity, fertilizer consumption, chemical manufacturing, industrial wastewater treatment and pharmaceutical production. - The longer-term forecast is linked to demand for sustainable nitrogen-based products, green ammonia technologies, semiconductor and electronics manufacturing, industrial chemical infrastructure and water purification. - The report highlights a shift to low-carbon ammonia production, broader use in water treatment, more high-purity applications in specialized industries and better safe-handling and storage technologies. - Liquid (aqueous) ammonia is an ammonia solution dissolved in water and serves as a reactive nitrogen source for agriculture and industry. - Agricultural expansion remains a central demand driver because liquid ammonia is a feedstock for nitrogen fertilizers that support crop yields. - The Food and Agriculture Organization reported in July 2025 that global inorganic fertilizer use rose from 185 million tonnes in 2022 to 190 million tonnes in 2023. - Nitrogen fertilizer consumption increased from 108 million tonnes to 112 million tonnes over the same period. - Water and wastewater treatment infrastructure is another major demand source because liquid ammonia helps regulate pH and supports nitrification. - Ireland’s Central Statistics Office said in May 2024 that registered domestic wastewater treatment systems rose 1.1% to 492,359 in 2023. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The 2026 edition adds market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based dashboards, market hotspots infographics and updated technology and trend analysis. - A free sample is available here. - The full report is available here.

Between the lines: - The forecast reflects demand from both traditional fertilizer markets and newer industrial uses, which broadens the market’s growth base. - The emphasis on green and low-carbon ammonia points to pressure from sustainability goals, not just volume growth. - The regional leadership of Asia-Pacific suggests the biggest gains are likely to follow industrial buildout and agricultural intensity in that market.

What's next: - The report expects expansion to continue as water treatment, semiconductors and specialty chemical uses grow. - Improvements in safe handling and storage could support wider adoption in more sensitive industrial settings. - The company’s updated 2026 research format signals more detailed segmentation and tracking for buyers and investors.

The bottom line: - Liquid ammonia demand is set to keep rising, and the biggest upside appears to come from the blend of fertilizer use, infrastructure buildout and cleaner chemical production.