Thailand Ammonia Market (2025-2031) Outlook | Revenue, Value, Industry, Companies, Growth, Forecast, Share, Size, Analysis & Trends

Market Forecast By Type (Liquid, Gas), By End-user Industry (Agriculture, Textiles, Mining, Pharmaceutical, Refrigeration, Others) And Competitive Landscape
Product Code: ETC194737 Publication Date: May 2022 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 40 No. of Tables: 7

Thailand Ammonia Market: Import Trend Analysis

Thailand ammonia import trend in the Thailand ammonia market experienced a decline with a growth rate of -27.53% from 2023 to 2024. Despite this, the compound annual growth rate (CAGR) for 2020-2024 stood at 9.8%. This negative momentum in import figures could be attributed to shifts in demand dynamics or changes in trade policies impacting the market stability during the period.

Ammonia Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


In the Asia region, the Ammonia market in Thailand is projected to expand at a growing growth rate of 5.44% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Ammonia Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Ammonia Market Synopsis

The ammonia market in Thailand is a major contributor to the country`s economy, with a market size estimated at $2 billion USD. This sector accounts for more than 15 percent of total chemical production output from Thailand and provides about 8 percent employment opportunities nationwide. Major players operating within this market have been helping it to grow smoothly.

Drivers of the Market

The Thailand ammonia market is influenced by its significance in agriculture as a nitrogen-rich fertilizer. The need to ensure food security and boost agricultural productivity drives the demand for ammonia-based fertilizers.

Challenges of the Market

In the Thailand ammonia market, challenges can include ensuring safe storage, handling, and transportation of ammonia, which is a hazardous chemical. Strict adherence to safety regulations is essential for market participants.

COVID-19 Impact on the Market

Ammonia is a crucial chemical for fertilizer production and industrial processes. The pandemic led to supply chain disruptions, impacting the agriculture and manufacturing sectors. As global trade improves and agricultural activities regain momentum, the ammonia market is also recovering.

Key Players in the Market

For the Thailand ammonia market, companies like Thai Central Chemical Public Co., Ltd., are engaged in producing and supplying ammonia used in various industries, including agriculture, chemicals, and refrigeration.

Key Highlights of the Report:

  • Thailand Ammonia Market Outlook
  • Market Size of Thailand Ammonia Market, 2024
  • Forecast of Thailand Ammonia Market, 2031
  • Historical Data and Forecast of Thailand Ammonia Revenues & Volume for the Period 2021-2031
  • Thailand Ammonia Market Trend Evolution
  • Thailand Ammonia Market Drivers and Challenges
  • Thailand Ammonia Price Trends
  • Thailand Ammonia Porter's Five Forces
  • Thailand Ammonia Industry Life Cycle
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Liquid for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Gas for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By End-user Industry for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Textiles for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Mining for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Refrigeration for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ammonia Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Ammonia Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-user Industry
  • Thailand Ammonia Top Companies Market Share
  • Thailand Ammonia Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Ammonia Company Profiles
  • Thailand Ammonia Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand Ammonia Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Ammonia Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Thailand Ammonia Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Ammonia Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Ammonia Market - Industry Life Cycle

3.4 Thailand Ammonia Market - Porter's Five Forces

3.5 Thailand Ammonia Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Thailand Ammonia Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F

4 Thailand Ammonia Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for fertilizers in agriculture sector

4.2.2 Growth in chemical industry for manufacturing of various products

4.2.3 Government initiatives promoting the use of ammonia as a clean energy source

4.3 Market Restraints

4.3.1 Volatility in raw material prices impacting production costs

4.3.2 Environmental concerns related to ammonia production and usage

5 Thailand Ammonia Market Trends

6 Thailand Ammonia Market, By Types

6.1 Thailand Ammonia Market, By Type

6.1.1 Overview and Analysis

6.1.2 Thailand Ammonia Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Thailand Ammonia Market Revenues & Volume, By Liquid, 2021-2031F

6.1.4 Thailand Ammonia Market Revenues & Volume, By Gas, 2021-2031F

6.2 Thailand Ammonia Market, By End-user Industry

6.2.1 Overview and Analysis

6.2.2 Thailand Ammonia Market Revenues & Volume, By Agriculture, 2021-2031F

6.2.3 Thailand Ammonia Market Revenues & Volume, By Textiles, 2021-2031F

6.2.4 Thailand Ammonia Market Revenues & Volume, By Mining, 2021-2031F

6.2.5 Thailand Ammonia Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.2.6 Thailand Ammonia Market Revenues & Volume, By Refrigeration, 2021-2031F

6.2.7 Thailand Ammonia Market Revenues & Volume, By Others, 2021-2031F

7 Thailand Ammonia Market Import-Export Trade Statistics

7.1 Thailand Ammonia Market Export to Major Countries

7.2 Thailand Ammonia Market Imports from Major Countries

8 Thailand Ammonia Market Key Performance Indicators

8.1 Price of natural gas (as a key input in ammonia production)

8.2 Number of new ammonia production plants or expansions in Thailand

8.3 Adoption rate of ammonia-based products in various industries

9 Thailand Ammonia Market - Opportunity Assessment

9.1 Thailand Ammonia Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Thailand Ammonia Market Opportunity Assessment, By End-user Industry, 2021 & 2031F

10 Thailand Ammonia Market - Competitive Landscape

10.1 Thailand Ammonia Market Revenue Share, By Companies, 2024

10.2 Thailand Ammonia Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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