Ammonium Sulfate Business,Competitive Outlook of the Global Industry with Future Estimations
Ammonium Sulfate Market Top Key Players
The prominent players in the global ammonium sulfate market BASF SE
(Germany), Nutrien Ltd (Canada), Royal DSM (The Netherlands), OCI Nitrogen (The
Netherlands), Sumitomo Chemical Co., Ltd (Japan), HELM AG (Germany), Honeywell
International Inc (US), Evonik Industries AG (Germany), Merck KGaA (Germany),
LANXESS (Germany), DOMO Chemicals (Belgium), AdvanSix (US), ArcelorMittal
(Luxembourg), Vertellus Holdings LLC
(US) and GAC CHEMICAL (US), among others.
Description :
Global Ammonium Sulfate Market Research Report: By Product Type (Solid,
Liquid), Application (Fertilizers, Industrial, Pharmaceutical, Food &
Beverage, Water Treatment, Textile Dyeing) and Region (North America, Europe,
Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2027
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Global Ammonium Sulfate Market Analysis
The solid
segment dominated the global market owing to the increasing use of powdered and
granular ammonium sulfate as fertilizers. It helps to increase the yield of
crops, which is expected to drive the product demand. It acts as a food
additive and nutrient for bacterial cultures in wastewater treatment.
On the basis of product type, the global market has been categorized
into solid and liquid. Among these, the solid segment dominated the market in
2017. The growth is attributed by the unique properties of ammonium sulfate,
which help to enhance the crops nutritional properties and yield. The most
commonly used liquid fertilizers include nitrogen solution, anhydrous ammonia,
and ammonium polyphosphate. The growing use of liquid ammonium sulfate as an
alternative to aqueous ammonia is expected to boost the global market growth.
Based on the application, the global market has been segmented into
fertilizers, industrial use, pharmaceutical, food & beverage, textile
dyeing, and water treatment. The pharmaceutical segment is projected to
showcase substantial growth owing to the increasing application of ammonium
sulfate in the vaccine and water purification. Also, it helps by salting out
proteins and contaminants during the purifying process. Thus, the growing
medical industry in countries such as the US and Mexico is likely to boost the
global market growth.
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Regional Analysis
Geographically, the global
ammonium sulfate market has been segmented into North America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa.
As per MRFR analysis, Asia-Pacific was the largest market
for ammonium sulfate in 2017 and is expected to remain dominant
during the review period. North America is growing with the CAGR of 2.14%, with
the US being the major contributor.
The decline in arable land and an increase in demand for food is the
major factor for increasing the consumption of fertilizers and positively
influencing the growth of the ammonium sulfate market in the region.
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NOTE: Our Team of Researchers is Studying
Covid19 and its Impact on Various Industry Verticals and wherever required we
will be considering Covid19 Footprints for Better Analysis of Market and
Industries. Cordially get in Touch for More Details.
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