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.
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.
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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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Please note that assessment period of report has been updated from 2019-2026 to 2020-2027. Cordially fill sample form for
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
ID: MRFR/CnM/0222-CR | September 2019 | Region: Global | 272 pages
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