Application of ammonia by fertilizer industry has seen exceptional growth over the recent past, which remains the key driver for global ammonia market growth. Fairfield Market Research in its new upcoming report says that the global ammonia consumption will continue to be on the rise as its demand prevails as a fertilizer that ensures security of food. The trend is more likely to be seen especially in developing, and emerging economies that continue to struggle with sufficient supply, safety, and security of food. Moreover, continued preference for ammonia as a chemical intermediate makes it one of the essential raw materials involved in production of a variety of agrichemicals. This according to the report will act as a major booster to market expansion.
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