As per this study the Global Ammonium chloride Market was valued USD XX.X MN (by revenue) in 2019 and is anticipated to reach USD XX.X MN by 2026 with a CAGR of X.X%. By volume, the market was estimated XX.X KT in 2019 and is expected to reach XX.X KT by 2026 with a CAGR of X.X%.
Ammonium chloride or sal ammoniac (NH4Cl) is a water-soluble, white colored inorganic compound that is acidic in nature. Ideally, it is obtained as a byproduct from the production of sodium carbonate whereas, commercially, it is synthesized by reacting ammonia with HCl. NH4Cl is popularly used in fertilizers owing to abundant source of nitrogen but can be used as flux, food additive, expectorant, acidifier, buffer chemical, electrolyte in batteries, plating, drugs, photography, cattle feed supplements and metal work application.
Expanding end-use industries such as healthcare, agriculture, food and beverages, adhesives, printing, cosmetics, textile, electronics, etc. are driving the market growth. Soaring demand of fertilizers to maximize crop yield is fueling the market growth. Rising adoption in the pharmaceutical sector to treat cough, maintain urine pH and treat metabolic alkalosis is again contributing the market growth. On the flip side, high toxicity of ammonium chloride along with the availability of substitute may restrain the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of ammonium chloride.
The broad ammonium chloride market has been sub-grouped into product type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Agricultural Trade
- Industrial Grade
- Food Grade
- Biology & Agriculture
- Buffer Solution
- Textile & Leather
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for ammonium chloride in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Ammonium Chloride Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the ammonium chloride market include BASF, Central Glass, CNSG, Dallas Group, Haohua Junhua Group, HEBANG, Hubei Yihua, Jiangsu Debang Chemical, Jiangsu Huachang Chemical, Jinshan Chemical, Tianjin Bohua YongLi Chemical, Tinco and Tuticorin Alkali among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.