The global demand for Ammonium Sulfate Market is presumed to reach the market size of nearly USD 14.87 BN by 2030 from USD 7.03 BN in 2022 with a CAGR of 9.82% under the study period 2023 - 2030.
Ammonium sulphate is an inorganic salt that has a variety of commercial applications. Ammonium sulphate is mainly used as a fertilizer for alkaline soils. It is also utilized as a spray adjuvant for water-soluble insecticides, herbicides, and fungicides in agriculture. Furthermore, in drinking water treatment, ammonium sulphate is combined with chlorine to produce mono chloramine for disinfection.
Market Dynamics
The worldwide ammonium sulphate market is expected to rise significantly yet steadily in the foreseeable future. The usage of ammonium sulphate as a soil fertilizer is the primary driver driving the global market since the chemical includes both nitrogen and Sulphur. It is mostly used to reduce acidity in alkaline soils with a high pH level. The increased usage of nitrogen-based fertilizers to boost crop output due to rising food demand is projected to stimulate product demand. Ammonium sulphate is also employed as a food additive in various foods such as bread and flour. Rising consumption of baked goods and confectionery is expected to drive increased demand for ammonium sulphate. Most ammonium sulphate is generated as a byproduct of the caprolactam and coke oven processes. Caprolactam is a chemical that is commonly utilized in the production of nylon fibers. Nylon fibers are used in various products, including textiles, carpets, industrial yarn, and fishing lines and nets. Consequently, the increased demand for nylon fibers and caprolactam manufacture has increased, increasing the worldwide supply of ammonium sulphate. Ammonium sulphate is thought to be hazardous to humans. Large ammonium sulphate exposure might result in serious respiratory pathway infection due to inhalation of aqueous aerosols and dust. Skin contact over an extended period may result in dermatitis, irreversible eye injury, and lung damage. Such obstacles are expected to hamper market expansion.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of ammonium sulfate. The growth and trends of ammonium sulfate industry provide a holistic approach to this study.
Market Segmentation
This section of the ammonium sulfate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
By Application
- Fertilizers
- Pharmaceuticals
- Food & Feed Additives
- Water Treatment
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Ammonium Sulfate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Ammonium Sulfate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ammonium sulfate market include Amresco Inc., BASF SE, Domo Chemicals, Martin Midstream, General Chemical, GFS Chemicals Inc., Honeywell, and Royal DSM. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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