Uploaded on May 10, 2021
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
Ammonium sulfate Market Analysis.docx
Title :
Ammonium Sulfate Business Share, Size, Research Report, Competitive Tracking, Industry Outlook,
2027
Ammonium Sulfate Business Size, Scope, Applications, Products and End users
Ammonium Sulfate Business Likely to Enjoy 'Explosive Growth' by 2027
Ammonium Sulfate Business 2027: Key Players, Trends, Sales, Supply, & Forecast to 2027
Ammonium Sulfate Business to Witness Robust Expansion Throughout the Forecast Period 2027
Ammonium Sulfate Business Statistics with key Business Influencing Factors, and Growth
Opportunities Forecast by 2027
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
KEYWORDS :
Ammonium Sulfate, Ammonium Sulfate Market, Global Ammonium Sulfate Market, Ammonium
Sulfate Industry, Ammonium Sulfate Business, Ammonium Sulfate Market Price, Ammonium Sulfate
Market Share, Ammonium Sulfate Market Size, Ammonium Sulfate Market Research, Ammonium
Sulfate Market Report, Ammonium Sulfate Market Outlook, Ammonium Sulfate Market Forecast,
Ammonium Sulfate Market Growth, Ammonium Sulfate Market Analysis, Ammonium Sulfate Market
Demand
Ammonium Sulfate Business Analysis
The global ammonium sulfate industry is estimated to be valued at USD 4,430.0 million by 2026 and
is expected to register a CAGR of 3.11% during the forecast period.
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.
By application, the fertilizer segment accounted for 87.8% of the global market share in 2017 and is
expected to register a substantial CAGR during the review period.
The growth of the industrial use segment is driven by wide applications of Ammonium Sulfate
Business in fire extinguisher powder, flame retardant, and in the production of persulfates and
metals. The growth in the number of manufacturing industries has a strong correlation with the
index of industrial production, which is largely driven by economic activities.
The economic reforms and strong industrial growth in emerging countries such as Malaysia,
Thailand, Indonesia, India, and China are expected to propel the demand for ammonium sulfate. The
industrial use segment is estimated to reach a value of USD 210.4 million by the end of the review
period.
Top Key Players
Some of the prominent players in this market are BASF SE, Honeywell International Inc, Sumitomo
Chemical Co., Ltd, Merck KGaA, Evonik Industries AG, and LANXESS, among others.
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Regional Analysis
Geographically, the global Ammonium Sulfate Business 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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