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Top 10 Leading Ammonia Manufacturers in the Market, 2023

August 17, 2023 | Chemicals & Materials

Did you know that global population reached 8 billion in November 2022? Interestingly, world population has risen by 1 billion people since 2010 alone! This stellar rise in global population has elevated the demand for food and generated the need to increase crop yield. Fertilizers play a crucial role in improving yield as they provide crucial nutrients such as phosphorus, nitrogen, and potassium. The rising popularity of commercial agriculture will further elevate the usage of fertilizers thus driving ammonia market growth.