액체 요소 암모늄 질산염 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측, 판매채널별, 용도별, 적용 형태별, 지역별, 경쟁별(2020-2030년)

Global Liquid Urea Ammonium Nitrate Market was valued at USD 4.62 Billion in 2024 and is expected to reach USD 5.69 Billion by 2030 with a CAGR of 3.73%. The Liquid Urea Ammonium Nitrate (UAN) market is primarily driven by the rising global demand for food due to population growth and the pressing need to improve agricultural productivity. UAN, a clear liquid fertilizer composed of urea, ammonium nitrate, and water in varying proportions, is widely used in modern agriculture for its efficiency, ease of application, and reliable nutrient delivery. Recognized for its versatility, UAN is a preferred nitrogen source among farmers and agronomists seeking to enhance crop yields.

As a key segment of the global fertilizer industry, its market expansion is closely tied to the growth of the agricultural sector and the increasing adoption of advanced farming techniques. The continual rise in global food requirements places constant pressure on agricultural systems, positioning UAN as a critical input in meeting yield targets. Despite facing challenges such as fluctuating raw material prices and environmental concerns, the market remains resilient. Its trajectory is shaped by emerging trends in product customization, sustainable agricultural practices, and digital farming technologies, all of which are reinforcing the long-term relevance of Liquid UAN in the evolving agri-input landscape.

Key Market Drivers

Rise in Demand of Food Due to Growing Population

The Liquid Urea Ammonium Nitrate (UAN) market is witnessing substantial growth, driven largely by the rising global population and escalating concerns surrounding hunger and food security. As a critical input in modern agricultural practices, UAN plays a key role in boosting crop yields, thereby supporting the availability of food to meet the nutritional demands of a growing global population. With the world population projected to reach approximately 9.8 billion by 2050, there is mounting pressure on global food production systems to enhance output. UAN, as a high-efficiency nitrogen-based fertilizer, is instrumental in increasing agricultural productivity and addressing the intensifying demand for food.

This demographic trend further highlights the urgency of ensuring food security a condition where all individuals have consistent access to sufficient, safe, and nutritious food for a healthy life. According to the 2024 edition of the *State of Food Security and Nutrition in the World* report, an estimated 713 to 757 million people experienced hunger in 2023 equivalent to one in every eleven individuals globally and one in every five across the African continent.Liquid Urea Ammonium Nitrate contributes to food security by enabling farmers to maximize yields from limited arable land. Its targeted nitrogen delivery supports the healthy growth and development of crops, ensuring higher output per hectare. Moreover, beyond yield enhancement, UAN also contributes to improving crop quality, which is essential for meeting nutritional standards and increasing market value. By delivering essential nutrients efficiently, UAN supports the production of high-quality, nutritionally rich crops an important factor in combating global hunger.

Key Market Challenges

Price Volatility

Price volatility in the Liquid Urea Ammonium Nitrate Market presents significant challenges for both producers and end-users. For farmers, unpredictable pricing complicates budgeting for fertilizer costs, while producers face revenue and margin uncertainties. This volatility is largely driven by fluctuations in the prices of key raw materials urea and ammonium nitrate whose costs are influenced by factors such as energy prices, global supply-demand imbalances, and geopolitical developments. Any substantial variation in these input costs can have a direct impact on the market price of Liquid UAN. Moreover, the energy-intensive nature of UAN production heightens its vulnerability to shifts in energy prices, especially those of natural gas, a critical feedstock for ammonia production an essential component of UAN.

Changes in natural gas prices can substantially affect overall production costs and thereby influence UAN pricing. Broader macroeconomic factors, including recessions or slowdowns in economic activity, can also dampen demand for agricultural products and, by extension, for fertilizers like UAN. In such scenarios, economic uncertainty further amplifies market volatility. To mitigate these risks, stakeholders in the Liquid UAN market increasingly rely on structured risk management approaches, such as hedging strategies and long-term supply contracts, to reduce exposure to pricing fluctuations and ensure greater financial predictability.

Key Market Trends

Increasing Demand for Customized formulations

In the fertilizer industry, the adoption of customized formulations particularly Liquid Urea Ammonium Nitrate (UAN) has emerged as a prominent trend, driven by the need for greater precision in agricultural practices. This approach supports both agronomic performance and environmental stewardship. Different crops require specific nutrients at various growth stages. Customized Liquid UAN formulations enable farmers to precisely align nutrient delivery with crop demands, enhancing plant health, increasing yields, and minimizing nutrient waste. UAN (Urea Ammonium Nitrate) solutions generally contain nitrogen concentrations of 28%, 30%, or 32%, although customized formulations with varying nutrient levels are also manufactured to meet specific requirements. The production process involves blending urea, ammonium nitrate, and water in a final mixing tank, after which the solution is precisely measured, thoroughly mixed, and subsequently cooled.

Furthermore, within a single field, soil characteristics such as nutrient availability, pH, and composition can vary considerably. Tailored UAN formulations allow for site-specific nutrient management, thereby improving nutrient efficiency and reducing the risk of imbalances that can hinder crop performance. The ability to customize formulations also helps farmers optimize fertilizer usage. By aligning inputs with crop and soil needs, nutrient uptake becomes more efficient, leading to better yields and potentially lowering input costs. Additionally, this targeted approach reduces the likelihood of over-fertilization, which can cause nutrient runoff, soil degradation, and elevated production expenses. As a result, customized Liquid UAN formulations contribute to a more sustainable and cost-effective agricultural system.

Key Market Players

• Yara international ASA
• CF Industries Holdings, Inc
• Nutrien Ltd
• Koch Fertilizer, LLC
• EuroChem Group
• OCI Nitrogen B.V
• Thyssenkrup Uhde GmbH
• LSB Industries
• Peptech Biosciences Ltd.
• The Mosaic Company

Report Scope:

In this report, the Global Liquid Urea Ammonium Nitrate Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Liquid Urea Ammonium Nitrate Market, By Sales Channel:

• Direct
• Indirect

Liquid Urea Ammonium Nitrate Market, By Application:

• Field Crops
• Vegetables
• Plantation Crops
• Pulses
• Horticulture Crops

Liquid Urea Ammonium Nitrate Market, By Mode of Application:

• Foliar
• Drenching

Liquid Urea Ammonium Nitrate Market, By Region:

• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Liquid Urea Ammonium Nitrate Market.

Available Customizations:

Global Liquid Urea Ammonium Nitrate Market report 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).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Impact of COVID-19 on Global Liquid Urea Ammonium Nitrate Market

5. Voice of Customer

6. Global Liquid Urea Ammonium Nitrate Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value & Volume
• 6.2. Market Share & Forecast
  • 6.2.1. By Sales Channel (Direct, Indirect)
  • 6.2.2. By Application (Field Crops, Vegetables, Plantation Crops, Pulses, Horticulture Crops)
  • 6.2.3. By Mode of Application (Foliar, Drenching)
  • 6.2.4. By Region
  • 6.2.5. By Company (2024)
• 6.3. Market Map

7. Asia Pacific Liquid Urea Ammonium Nitrate Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value & Volume
• 7.2. Market Share & Forecast
  • 7.2.1. By Sales Channel
  • 7.2.2. By Application
  • 7.2.3. By Mode of Application
  • 7.2.4. By Country
• 7.3. Asia Pacific: Country Analysis
  • 7.3.1. China Liquid Urea Ammonium Nitrate Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value & Volume
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Sales Channel
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By Mode of Application
  • 7.3.2. India Liquid Urea Ammonium Nitrate Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value & Volume
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Sales Channel
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By Mode of Application
  • 7.3.3. Australia Liquid Urea Ammonium Nitrate Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value & Volume
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Sales Channel
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By Mode of Application
  • 7.3.4. Japan Liquid Urea Ammonium Nitrate Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value & Volume
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Sales Channel
      • 7.3.4.2.2. By Application
      • 7.3.4.2.3. By Mode of Application
  • 7.3.5. South Korea Liquid Urea Ammonium Nitrate Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value & Volume
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Sales Channel
      • 7.3.5.2.2. By Application
      • 7.3.5.2.3. By Mode of Application

8. Europe Liquid Urea Ammonium Nitrate Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value & Volume
• 8.2. Market Share & Forecast
  • 8.2.1. By Sales Channel
  • 8.2.2. By Application
  • 8.2.3. By Mode of Application
  • 8.2.4. By Country
• 8.3. Europe: Country Analysis
  • 8.3.1. France Liquid Urea Ammonium Nitrate Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value & Volume
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Sales Channel
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By Mode of Application
  • 8.3.2. Germany Liquid Urea Ammonium Nitrate Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value & Volume
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Sales Channel
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By Mode of Application
  • 8.3.3. Spain Liquid Urea Ammonium Nitrate Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value & Volume
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Sales Channel
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By Mode of Application
  • 8.3.4. Italy Liquid Urea Ammonium Nitrate Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value & Volume
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Sales Channel
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By Mode of Application
  • 8.3.5. United Kingdom Liquid Urea Ammonium Nitrate Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value & Volume
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Sales Channel
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By Mode of Application

9. North America Liquid Urea Ammonium Nitrate Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value & Volume
• 9.2. Market Share & Forecast
  • 9.2.1. By Sales Channel
  • 9.2.2. By Application
  • 9.2.3. By Mode of Application
  • 9.2.4. By Country
• 9.3. North America: Country Analysis
  • 9.3.1. United States Liquid Urea Ammonium Nitrate Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value & Volume
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Sales Channel
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By Mode of Application
  • 9.3.2. Mexico Liquid Urea Ammonium Nitrate Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value & Volume
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Sales Channel
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By Mode of Application
  • 9.3.3. Canada Liquid Urea Ammonium Nitrate Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value & Volume
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Sales Channel
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By Mode of Application

10. South America Liquid Urea Ammonium Nitrate Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value & Volume
• 10.2. Market Share & Forecast
  • 10.2.1. By Sales Channel
  • 10.2.2. By Application
  • 10.2.3. By Mode of Application
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Liquid Urea Ammonium Nitrate Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value & Volume
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Sales Channel
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By Mode of Application
  • 10.3.2. Argentina Liquid Urea Ammonium Nitrate Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value & Volume
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Sales Channel
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By Mode of Application
  • 10.3.3. Colombia Liquid Urea Ammonium Nitrate Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value & Volume
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Sales Channel
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By Mode of Application

11. Middle East and Africa Liquid Urea Ammonium Nitrate Market Outlook

• 11.1. Market Size & Forecast
  • 11.1.1. By Value & Volume
• 11.2. Market Share & Forecast
  • 11.2.1. By Sales Channel
  • 11.2.2. By Application
  • 11.2.3. By Mode of Application
  • 11.2.4. By Country
• 11.3. MEA: Country Analysis
  • 11.3.1. South Africa Liquid Urea Ammonium Nitrate Market Outlook
    • 11.3.1.1. Market Size & Forecast
      • 11.3.1.1.1. By Value & Volume
    • 11.3.1.2. Market Share & Forecast
      • 11.3.1.2.1. By Sales Channel
      • 11.3.1.2.2. By Application
      • 11.3.1.2.3. By Mode of Application
  • 11.3.2. Saudi Arabia Liquid Urea Ammonium Nitrate Market Outlook
    • 11.3.2.1. Market Size & Forecast
      • 11.3.2.1.1. By Value & Volume
    • 11.3.2.2. Market Share & Forecast
      • 11.3.2.2.1. By Sales Channel
      • 11.3.2.2.2. By Application
      • 11.3.2.2.3. By Mode of Application
  • 11.3.3. UAE Liquid Urea Ammonium Nitrate Market Outlook
    • 11.3.3.1. Market Size & Forecast
      • 11.3.3.1.1. By Value & Volume
    • 11.3.3.2. Market Share & Forecast
      • 11.3.3.2.1. By Sales Channel
      • 11.3.3.2.2. By Application
      • 11.3.3.2.3. By Mode of Application

12. Market Dynamics

• 12.1. Drivers
• 12.2. Challenges

13. Market Trends & Developments

• 13.1. Recent Developments
• 13.2. Application Launches
• 13.3. Mergers & Acquisitions

14. Global Liquid Urea Ammonium Nitrate Market: SWOT Analysis

15. Pricing Analysis

16. Porter's Five Forces Analysis

• 16.1. Competition in the Industry
• 16.2. Potential of New Entrants
• 16.3. Power of Suppliers
• 16.4. Power of Customers
• 16.5. Threat of Substitute Application

17. PESTLE Analysis

18. Competitive Landscape

• 18.1. Yara international ASA
  • 18.1.1. Business Overview
  • 18.1.2. Company Snapshot
  • 18.1.3. Products & Services
  • 18.1.4. Financials (In case of listed companies)
  • 18.1.5. Recent Developments
  • 18.1.6. SWOT Analysis
• 18.2. CF Industries Holdings, Inc
• 18.3. Nutrien Ltd
• 18.4. Koch Fertilizer, LLC
• 18.5. EuroChem Group
• 18.6. OCI Nitrogen B.V
• 18.7. Thyssenkrup Uhde GmbH
• 18.8. LSB Industries
• 18.9. Peptech Biosciences Ltd.
• 18.10. The Mosaic Company

19. Strategic Recommendations

20. About Us & Disclaimer