Egypt
Ammonia market is anticipated to grow significantly in the projected period of
2028, driven by various market-driving factors such as growing
industrialization, agriculture activities, and favorable government policies
and initiatives.
Ammonia is a colorless gas with a strong, pungent odor.
Its chemical formula is NH3 and is composed of one nitrogen atom and three
hydrogen atoms. Ammonia is highly soluble in water and can be easily liquefied
under pressure. It is widely used in the production of fertilizers, cleaning
products, and industrial chemicals.
Ammonia is an important source of nitrogen, which is an
essential nutrient for plant growth. It is used in the production of ammonium
nitrate, a common fertilizer, and can also be used as a direct fertilizer in
its gaseous form. Ammonia is also used in the manufacturing of many household
cleaning products, including glass cleaners and disinfectants.
In industry, ammonia is used in the production of a
variety of chemicals, including explosives, plastics, and textiles. It is also
used in refrigeration systems as a cooling agent, where it is known as R717 or
simply as "ammonia refrigerant." However, ammonia can be toxic at
high concentrations, and exposure to ammonia vapor can irritate the eyes, nose,
throat, and respiratory system. It is important to handle and store ammonia
safely to avoid accidental exposure. Apart from these, Ammonia is a commonly used ingredient
in household cleaning solutions, as it can dissolve grease and dirt. It can
also be used to remove stains from clothes and carpets. Another characteristic is
its lighter weight than air which is used for lifting gas for balloons and
airships. Therefore, the wide use of ammonia by various end-user industries is
going to drive Egypt's Ammonia market growth.
Growing Agricultural Activities in the Region Driving the
Market Growth
Egypt has a rich agricultural history dating back to
ancient times, and the country's fertile land has been a significant
contributor to its economy. Today, agriculture remains a vital sector in Egypt,
accounting for approximately 12% of the country's GDP and providing
employment for around 25% of the population. The growth of agriculture
activities in Egypt has also contributed to the growth of the ammonia market,
with the rise in demand for ammonia-based fertilizers and other related
products. Ammonia
is a key ingredient to produce nitrogen fertilizers, which are essential for
enhancing crop yields and food security. According to the World Economic Forum,
ammonia is critical for the agriculture sector and global food security and has
also been identified as an energy carrier for clean hydrogen in the future. In
2022, Egypt's agricultural exports exceeded the limit of 6.3 million tons, which
is 624,000 tons more crops than 2021 exports.
The major factor driving the growth of agricultural
activities in Egypt is the country's large population. With a population of more
than 100 million people, Egypt is one of the most populous countries in Africa
and the Middle East. The increasing demand for food has led to a higher demand
for agricultural products, including fruits, vegetables, grains, and livestock.
To meet this demand, farmers have had to increase their agricultural
activities, resulting in a higher demand for fertilizers, including those made
with ammonia.
The government's efforts to modernize the sector are another
major factor driving the growth of agriculture activities in Egypt. The government
has implemented various initiatives aimed at increasing agricultural
productivity, such as improving irrigation systems, providing subsidies for
farmers, and investing in agricultural research and development. These
initiatives have led to increased agriculture activities and, consequently, an
increase in the demand for ammonia-based fertilizers and other related
products. Ammonia is a key component in nitrogen-based fertilizers, which are
essential for crop growth and yield. The use of these fertilizers can improve
soil fertility, increase crop quality, and yield, and help farmers grow more
food to meet the growing demand. As a result, the demand for ammonia-based
fertilizers in Egypt has been on the rise, contributing to the growth of the
ammonia market.
Rising Industrialization Activities in Egypt is the Key
Cause Driving the Market Growth
Egypt has been rapidly industrializing in recent years,
with the sector accounting for around 11.70% of the country's GDP in 2022
and employing about 28.2% of the total Egyptian workforce. The growth of
industrialization has been a significant market-driving factor, particularly in
the ammonia industry, where the demand for ammonia for use in various industrial
processes has been on the rise.
The major reason driving the growth of
industrialization in Egypt is the government's focus on promoting investment in
the chemical industry. The government has implemented policies aimed at
attracting foreign investment in the sector, such as offering tax incentives
and reducing bureaucratic red tape. This has resulted in increased investment
in the chemical industry, including the ammonia industry, significantly contributing
to the growth of the sector.
The strategic presence of Egypt's location and its
control of the major trade routes has made it an attractive location for
international trade. The country is located between Europe, Africa, and Asia
and has access to key shipping routes. This has made it easier for companies to
import raw materials and export finished products, contributing to the growth
of the industrial sector and the demand for ammonia for use in various industrial
processes.
Ammonia is a key ingredient in the production of
chemicals, textiles, and paper products, and the growth of the industrial
sector in Egypt has led to an increase in demand for ammonia. For example,
ammonia is used to produce nitrogen-based fertilizers, which are essential for
agriculture, as well as in the production of chemicals such as explosives,
plastics, and dyes. The growth of the industrial sector has created
opportunities for local ammonia producers. In addition to the above factors,
infrastructure development has also contributed to the growth of
industrialization in Egypt. The government has invested in infrastructure
development, including improving transportation networks, and increasing access
to electricity, making it easier for companies to operate in the country. Therefore,
the growing demand for recycled plastic from different industrial sectors has
had a substantial effect on the Ammonia market in Egypt.
Favorable Government Policies and Initiatives in Egypt Pushing
the Market Growth
Egypt has seen significant economic growth and development
in recent years, thanks to the government's focus on implementing favorable
policies and initiatives aimed at promoting investment and supporting economic
growth. These policies and initiatives have been significant market-driving factors,
particularly in the ammonia industry, where the demand for ammonia for use in
various industries has been on the rise.
The government's focus on promoting investment in the
chemical industry policies drives the growth of the ammonia market in Egypt. The
government has implemented policies aimed at attracting foreign investment in
the sector, such as offering tax incentives, fewer bureaucratic obstacles, and
providing subsidies for companies that invest in the chemical industry. This
has resulted in increased investment in the chemical industry, including the
ammonia industry, and has contributed to the growth of the sector in the region.
The government has also implemented policies aimed at
promoting economic growth and improving the business environment in Egypt. For
example, the government has focused on improving infrastructure, including
transportation networks, and increasing access to electricity. This is making
it easier for companies to operate in the country And has consequently led to
increased investment in various industries, including the ammonia industry.
The government has also implemented initiatives aimed
at promoting the use of renewable energy in Egypt. The country has significant
potential for renewable energy, including wind and solar power, and the government
has implemented policies aimed at promoting investment in renewable energy
infrastructure. In addition, the Egypt Vision 2030 plan, aims to transform
Egypt into a modern and prosperous country. The plan includes initiatives aimed
at promoting economic growth, improving infrastructure, and investing in
education and innovation. These initiatives have contributed to the growth of
various sectors, including the ammonia industry, by creating a favorable
environment for investment, and supporting economic growth, especially in the ammonia
market.
The government has also implemented policies aimed at
promoting sustainable development and reducing pollution. For example, the
government has implemented regulations aimed at reducing the use of fossil fuels
and promoting the use of renewable energy sources. This has led to increased
demand for ammonia for use in sustainable energy production, such as in the
production of hydrogen fuel.
Egypt is one of the countries that is pursuing green
ammonia production as part of its economic development strategy and its
commitment to reducing greenhouse gas emissions. The government of Egypt has signed
a memorandum of understanding with Scatec, a Norwegian renewable energy
company, and other partners to develop a large-scale green ammonia facility in
Ain Sokhna, near the Suez Canal. The facility will have a production capacity
of one million tons annually, with a potential for expansion to three million tons
annually. The facility will be powered by renewable energy plants to be built
on an area of land allocated by the New and Renewable Energy Authority. The
project aims to create a green energy hub and a green corridor in Egypt and to
export green ammonia to growing markets in Europe and Asia.
Download Free Sample Report
Recent Development
· In 2022, Egypt's Ministry of
Planning invested USD 3.38 billion in the agricultural sector for the next
fiscal year 2022/2023, up from USD 2.56 billion in 2021/2022, representing a
31.8% increase.
Market Segmentation
Egypt ammonia Market is
segmented based on grade type, application, manufacturing
process, and region. Based
on the grade type, the
market is divided into anhydrous and aqueous. Based on application, the
market is divided into fertilizers, chemicals, pharmaceuticals, electronics,
refrigeration, household, food, and others. Based on the manufacturing process, the
market is divided into steam reforming, partial oxidation, cryogenic separation,
and coal gasification.
Company Profiles
Egyptian Basic Industries
Company (EBIC), Amea Power LLC., El-Nasr for fertilizers & chemical
industries Co. (SEMADCO), Emirati fertilizer company CFC Group, Helwan
Fertilizers Co., Abu Qir Fertilizers Co., Egyptian Petrochemicals Holding
Company (ECHEM), Misr Fertilizers Production Co, Egyptian Chemical Industries
(KIMA), and Alexandria Fertilizers Company (AlexFert) are some of the key players
of Egypt ammonia market.
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic Data
|
2018 – 2021
|
|
Estimated Year
|
2023
|
|
Forecast Period
|
2024 – 2028
|
|
Quantitative Units
|
Revenue in USD Million, Volume in tons, and CAGR for 2018-2022 and 2023-2028
|
|
Report Coverage
|
Revenue forecast,
volume forecasting, Company shares, competitive landscape, growth factors,
and trends
|
|
Segments Covered
|
Grade Type
Application
Manufacturing Process
|
|
Country scope
|
Cairo,
Alexandria, Giza, Qalyubia, Port Said, Suez, and the Rest of Egypt
|
|
Key companies profiled
|
Egyptian
Basic Industries Company (EBIC), Amea Power Llc.,El-Nasr for fertilizers
& chemical industries Co. (SEMADCO), Emirati fertilizer company CFC
Group, Helwan Fertilizers Co., Abu Qir Fertilizers Co., Egyptian
Petrochemicals Holding Company (ECHEM), Misr Fertilizers Production Co,
Egyptian Chemical Industries (KIMA), and Alexandria Fertilizers Company
(AlexFert).
|
|
Customization scope
|
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope.
|
|
Pricing and purchase
options
|
Avail customized
purchase options to meet your exact research needs.
|
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, Egypt Ammonia market has been segmented
into the following categories, in addition to the industry trends, which have
also been detailed below:
- Egypt Ammonia Market, By Grade Type:
- Egypt Ammonia Market, By Application:
- Fertilizers
- Chemicals
- Pharmaceuticals
- Electronics
- Refrigeration
- Household
- Food
- Others
- Egypt Ammonia Market, By Manufacturing Process:
- Steam Reforming
- Partial Oxidation
- Cryogenic Separation
- Coal Gasification
- Egypt Ammonia Market, By Region:
- Cairo
- Alexandria
- Giza
- Qalyubia
- Port Said
- Suez
- Rest of Egypt
Competitive landscape
Company Profiles: Detailed analysis of the major companies in Egypt
Ammonia market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company
Information
- Detailed analysis
and profiling of additional market players (up to five).
Egypt Ammonia Market is an
upcoming report to be released soon. If you wish for an early delivery of this report
or want to confirm the date of release, please contact us at [email protected].