Ammonium Nitrate Market Rising Demand And Future Scope

February 22, 2023 ⚊ 1 Min read ⚊ Views 82 ⚊ MEDIA

The ammonium nitrate market is anticipated to be worth 25.17 billion USD, growing at a CAGR of 6.33% in 2021-2027. A crystal substance called ammonium nitrate has ions of both ammonium and nitrate in it. They are frequently utilized as fertilizer in the agriculture industry because of their high nitrogen content. They have the capacity to violently decompose when exposed to high temperatures. As a result, they are indeed utilized as explosions in excavation.

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