The global Ammonium Sulfate Market Is Likely To Showcase A Growth Of Around 6% During The Forecast Period. This can be ascribed to the increasing demand for fertilizer. Although it is now less commonly used in fertilizer applications, however, in the case where both nitrogen and sulfur are required, ammonium sulfate is preferred among fertilizer manufacturers. Further, its high solubility provides versatility for a number of agricultural applications.
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Easily availability of raw materials to produce ammonium sulfate and its large application areas are two of the key factors driving the market for ammonium sulfate. Generally, it is produced by reacting sulfuric acid with heated ammonia. The global ammonia production is around 180 million tons and is expected to grow with increasing end-user industry, thereby maintains easy supply of raw materials for ammonium sulfate production. Moreover, from end-user side, ammonium sulfate is used in areas of agricultural, pharmaceutical, food beverage, and general industry. In non-agricultural application, food companies commonly use ammonium sulfate to bread products as a dough conditioner. It’s also a component in fire extinguisher powder and flame-proofing agents
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Based on type, the market is bifurcated into dry and solid. Among both, the dry category accounted for a prominent share in the market and is expected to maintain its position during the forecast period due to its preference from agricultural, pharmaceuticals, food beverage industries. Since dry ammonium sulfate is higher in purity, therefore it is preferred in areas where high purity of raw materials is required.
Based on application, the market is categorized into fertilizers, pharmaceuticals, food feed additives, water treatment, and others. Among these, fertilizers are among the largest consumer of ammonium sulfate. Due to the presence of a high amount of sulfur, which supports or drives numerous essential plant functions, including protein synthesis, ammonium sulfate is used in the agriculture industry. Moreover, rice cultivating farmers use ammonium sulfate in flooded soil, since nitrate-based fertilizers are a poor choice due to denitrification losses.
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For a better understanding of the market adoption of Ammonium Sulfate, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and Rest of World. Asia-Pacific accounted for a significant share of the market and is expected to showcase significant growth over the forecast period. This can be ascribed to the large base of the end-use industry as well as the presence of a large number of ammonium sulfate-producing companies in the regional economies that contributes to the easy availability at a lower cost.
Global Ammonium Sulfate Market Segmentation
Market Insight, by Type
· Dry
· Liquid
Market Insight, by Application
· Fertilizers
· Pharmaceuticals
· Food Feed Additives
· Water Treatment
· Others
Market Insight, by Region
· North America Ammonium Sulfate Market
o The United States
o Canada
o Rest of North America
· Europe Ammonium Sulfate Market
o Germany
o The United Kingdom
o France
o Spain
o Italy
o Rest of Europe
· Asia-Pacific Ammonium Sulfate Market
o China
o Japan
o India
o Rest of Asia-Pacific
· Rest of World Ammonium Sulfate Market
Top Company Profiles
· BASF SE
· Evonik Industries AG
· Lanxess AG
· Sumitomo Chemical Co. Ltd.
· Honeywell International Inc.
· Domo Chemicals GmbH
· Arkema S.A.
· OCI N.V.
· Fibrant BV
· Aarti Industries Limited
