Ammonium Nitrate Market Astonishing Growth, Latest Technology

March 13, 2023 ⚊ 1 Min read ⚊ Views 31 ⚊ NEWS

The global ammonium nitrate market is likely to grow at a healthy CAGR between 2023- 2030, as per the recent report by Market Research Future (MRFR). Ammonium nitrate or the salt of ammonia nitric acid is a nearly odorless and colorless chemical compound that is soluble in water. It comes in a crystalline solid form that can be made into prills for some specific applications. Owing to its alluring features and multiple benefits, ammonium nitrate has wide applications in fertilizers, explosives, and others.

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