Superior stability and low nitrogen emission offered by the product in crop protection chemicals is expected to drive the market growth. The Global Ammonium Nitrate Market is expected to reach USD 6.18 billion by 2025, according to a new report by Grand View Research, Inc. At present, stringent regulations related to transportation, storage, handling, and usage of ammonium nitrate is forcing the manufacturers to opt out of the market. Moreover, the profit margins are shrinking owing to rising substitutes including urea, which further discourages the new entrants to invest in the market which is likely to have a negative impact on the industry trend. The industry has several players, which are integrated across the value chain to manufacture raw materials. Strong foothold of the existing players in the market is expected to increase entry barrier of new players. In addition, the rivalry between established producers is expected to increase on the account of low product differ...