Global Calcium Ammonium Nitrate Market Size was valued at USD 3.4 Billion in 2024 and is predicted to reach USD 5.0 Billion by 2034 at a 4.2% CAGR during the forecast period for 2025-2034.
CAN, or calcium ammonium nitrate, is a commonly used pesticide. It is highly renowned for possessing a nutritional makeup that is well-balanced. The constitution of this substance contains both ammonium and sodium nitrate. CAN is used to supply crops with all the necessary ingredients needed for normal development and growth. These elements primarily consist of nitrogen and calcium. Because of its extremely special formulation, CAN offers both rapid and continuous nutritional absorption. The industry's proportions have altered due to significant improvements. Enhancing calcium ammonium nitrate's (CAN) durability and effectiveness in farming uses is a priority.
The goal of producers is to improve the kinetics of nitrogen expulsion, which aids in all crops' efficient utilization of nutrients. Minimizing the influence on the planet is also prioritized. Furthermore, the demand for calcium ammonium nitrate is driven by government policies that improve crop production, particularly in emerging economies, as well as encouragement and subsidies from the government. These programs motivate farmers to apply calcium ammonium nitrate fertilizer, increasing the market for goods like this, which is necessary for improving crop productivity in sustainable ways.
However, the barrier to the expansion of the calcium ammonium nitrate (CAN) market is the availability of substitute choices, along with rigorous government laws limiting product consumption. In order to reduce the possibility of ammonium nitrate being misused in terrorist acts, federal departments have put strict regulations in place regulating the manufacturing, preservation, shipment, and application of the substance. Given that the use of substitutes has grown in the explosions and fertilizer application sectors, it is therefore expected that this regulatory framework will limit market expansion.
The global calcium ammonium nitrate market is segmented based on application. Based on application, the market is segmented into fertilizer and explosive.
Explosive in the global calcium ammonium nitrate market is expected to hold a major global market share in 2023. Because of its intrinsic qualities and adaptability, calcium ammonium nitrate (CAN) is in great need in the explosives industry. It is an essential component of explosive preparations because it acts as an antioxidant, releasing oxygen upon explosion to facilitate the combustibility of additional aggressive ingredients.
Fertilizer factors use acrylic acid esters mainly because they are easily soluble in water, guaranteeing quick plant absorption and encouraging effective digestion of nutrients. Furthermore, this sector will develop even more as a result of the agricultural industry's rapid expansion and technological advancements, especially in countries like the US, Germany, the UK, China, and India.
The North American global calcium ammonium nitrate market is expected to register the highest market share in revenue in the near future. This is explained by the rising need for ammonia nitrate energy and increasing curiosity about security explosives. The boom in agricultural operations spurred on by the region's greater usage of pesticides is another of the causes propelling this area's expansion. In addition, Asia Pacific is projected to grow rapidly in the global calcium ammonium nitrate market because of increased consumption and growing end-use industries, which include water treatment, manufacturing, agricultural chemicals, drugs, and agribusiness. The economy is growing as a result of the rising demand, which is supported by a wide range of applications in different sectors.
Report Attribute |
Specifications |
Market Size Value In 2024 |
USD 3.4 Billion |
Revenue Forecast In 2034 |
USD 5.0 Billion |
Growth Rate CAGR |
CAGR of 4.2% from 2025 to 2034 |
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2025 to 2034 |
Historic Year |
2021 to 2024 |
Forecast Year |
2025-2034 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Application and By Region |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
Competitive Landscape |
Yara International ASA, EuroChem Group, Achema AB, Origin Fertilizers (UK) Limited, Fertinagro India Pvt. Ltd., and others. |
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Calcium Ammonium Nitrate Market Snapshot
Chapter 4. Global Calcium Ammonium Nitrate Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Application Estimates & Trend Analysis
5.1. By Application & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Application:
5.2.1. Fertiliser
5.2.2. Explosive
Chapter 6. Calcium Ammonium Nitrate Market Segmentation 2: Regional Estimates & Trend Analysis
6.1. North America
6.1.1. North America Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
6.1.2. North America Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
6.2. Europe
6.2.1. Europe Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
6.2.2. Europe Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
6.3. Asia Pacific
6.3.1. Asia Pacific Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
6.3.2. Asia Pacific Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
6.4. Latin America
6.4.1. Asia Pacific Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
6.4.2. Latin America Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
6.5. Middle East & Africa
6.5.1. Middle East & Africa Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
6.5.2. Middle East & Africa Calcium Ammonium Nitrate Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 7. Competitive Landscape
7.1. Major Mergers and Acquisitions/Strategic Alliances
7.2. Company Profiles
7.2.1. Achema AB
7.2.2. Aurepio
7.2.3. Azomures
7.2.4. EuroChem Group
7.2.5. Fatima Group
7.2.6. Fertinagro India Pvt. Ltd.
7.2.7. Gemlik Gubre Fertilizer Industry Inc.
7.2.8. HELM AG
7.2.9. HIP Azotara Pan?evo
7.2.10. J.R. Simplot Company
7.2.11. MEA Ltd.
7.2.12. Origin Fertilizers (UK) Limited
7.2.13. Petrokemija, Plc
7.2.14. PJSC Ostchem
7.2.15. Ravensdown
7.2.16. San Corporation
7.2.17. SASOL
7.2.18. Shandong Lvfeng Fertilizer Co.,Ltd
7.2.19. Shanxi Leixin Chemical Co., Ltd
7.2.20. Trammo, Inc.
7.2.21. Yara International ASA
7.2.22. Other Prominent Players
Calcium Ammonium Nitrate Market - By Application
Calcium Ammonium Nitrate Market - By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.