Global Ammonium Sulfate Market, By Product (Solid, Liquid), Application (Fertilizers, Food Additives, Industrial, Pharmaceutical, Textile, Water Treatment, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Ammonium Sulfate Market
The ammonium sulfate market is expected to witness market growth at a rate of approximately 3.85% in the forecast period of 2021 to 2028. Data Bridge Market Research report on ammonium sulfate market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the use for fertilizers is escalating the growth of ammonium sulfate market.
Ammonium sulfate refers to a chemical compound that is denoted as a type of inorganic salt with a wide range of commercial applications such as a fertilizer, a base material and also used in the production of different materials such as ammonium persulfate and also as fire extinguishing chemical. The product is usually produced as a by-product of caprolactam production. It is however also found in naturally occurring minerals.
The increase in the use of the product for reducing the acidity in alkaline soils as they have a high pH level, acts as one of the major factors driving the growth of ammonium sulfate market. The rise in the consumption of nitrogen-based fertilizers to increase crop yield owning to the rise in demand for food and the high demand of the product as a soil fertilizer because it contains nitrogen and sulfur accelerate the ammonium sulfate market growth. The rise in the preference for ammonium sulfate, for flooded soils used in rice cultivation as nitrate-based fertilizers are a poor choice because they lead to denitrification and leaching and various benefits of the product for the plant growth such as protein synthesis further influences the ammonium sulfate market. Additionally, growth in population, expansion of agriculture industry, research and development activities, surge in investment, growth in awareness regarding the benefits of the product and limited arable land positively affects the ammonium sulfate market. Furthermore, research and development to enhance the agrochemical extend profitable opportunities to the ammonium sulfate market players in the forecast period of 2021 to 2028.
On the other hand, the availability of substitute products such as urea, ammonium nitrate as fertilizers is expected to obstruct the ammonium sulfate market growth. The rise in the concerns relating to health of the individuals in close vicinity of the applicable area of ammonium sulfate is projected to challenge the ammonium sulfate market in the forecast period of 2021-2028.
This ammonium sulfate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ammonium sulfate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ammonium Sulfate Market Scope and Size
The ammonium sulfate market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the ammonium sulfate market is segmented into solid and liquid.
- On the basis of application, the ammonium sulfate market is segmented into fertilizers, food additives, industrial, pharmaceutical, textile, water treatment and others.
Global Ammonium Sulfate Market Country Level Analysis
The ammonium sulfate market is analyzed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the global ammonium sulfate market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the ammonium sulfate market due to the high agricultural production, increased dependency on nitrogen-based fertilizers and rise in food consumption and growing population in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ammonium Sulfate Market Share Analysis
The ammonium sulfate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ammonium sulfate market.
The major players covered ammonium sulfate market report are BASF SE, DOMO Chemicals GmbH, Honeywell International Inc., Evonik Industries AG, LANXESS, Sumitomo Corporation, Koninklijke DSM N.V., ArcelorMittal, Nutrien Ltd., GSFC, Arkema, OCI Nitrogen, Merck KGaA, AdvanSix, Vertellus Holdings LLC, Martin Midstream Partners L.P., GAC Chemical Corporation, GFS Chemicals, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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