Research Reports
APAC Ammonium Sulfate Market Trends 2021 Industry Predicted to Grow at High CAGR, Complete Business Overview, Market Share, Size and Forecast to 2027
Published by Wanda Rich
Posted on September 7, 2021
Editorial & Advertiser disclosure
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Global Ammonium Sulfate Market:Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasingfertilizer production, and increasing growth of pharmaceutical sectorare contributing in the growth of Global Ammonium Sulfate Market.
Global Ammonium Sulfate Market is valued atUSD 3385.1 Million in 2020and expected to reachUSD 4530.1 Million by 2027with theCAGR of 4.25%over the forecast period.
Download Sample Report:@https://brandessenceresearch.com/requestSample/PostId/1613
Scope of GlobalAmmonium Sulfate Market:
Ammonium sulfate [(NH4)2 SO4] is an inorganic salt which is one of the first and most commonly utilized nitrogen (N) fertilizers for crop productivity. It’s becoming less common, but it’s especially useful when both nitrogen (N) and sulfur (S) are needed. Its high solubility allows it to be used in a variety of agricultural applications. Ammonium sulfate has a variety of applications in industry. The ammonium ion is released in the soil and generates a little quantity of acid, which lowers the pH balance while providing vital nitrogen for plant growth. Food companies regularly add ammonium sulfate to bread goods as a dough conditioner and it’s also found in fire extinguisher powder and flame-retardants. In the chemical industry, wood pulp, textile, and pharmaceutical industries, it serves a variety of functions. The majority ofammonium sulfate demand is satisfied by by-products from numerous industries. Ammonium sulfate is a byproduct of the nylon manufacturing process. Certain ammonia-containing by-products and spent sulfuric acid are widely converted to ammonium sulfate for agricultural application.
Covid-19 pandemic has shown a negative impact on global ammonium sulfate market. Due to lockdown conditions various nations has led the temporary suspension of production, distribution and transportation of ammonium sulfate. This pandemic has affected many end-use industries where ammonium sulfate is used thus, its demand has shown a decline. During COVID-19 pandemic, deficiency in raw material supply is anticipated to hamper the production rate of ammonium sulfate, which adversely impacts the market development.
Global Ammonium Sulfate Market Segmentation:
Global ammonium sulfate market is segmented on the basis of product, application and region & country level. Based upon product, global ammonium sulfate market is classified into solid and liquid. Based upon application, the market is divided into fertilizers,food additive, industrial,pharmaceutical, water treatment, textile and others.
By Product:
- Liquid
- Solid
By Application:
- Fertilizers
- Food Additive
- Industrial
- Pharmaceutical
- Water Treatment
- Textile
- Others
The regions covered in this global ammonium sulfate market are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of global ammonium sulfate is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players of Global Ammonium Sulfate Market
Major players in the global ammonium sulfate market are AdvanSix, ArcelorMittal BASF SE, Arkema, DOMO Chemicals GmbH, Evonik Industries AG, GAC Chemical Corporation, GFS Chemicals, Inc., Honeywell International Inc., Koninklijke DSM N.V., LANXESS, GSFC, Martin Midstream Partners L.P., Merck KGaA, Nutrien Ltd., OCI Nitrogen, Sumitomo Corporation Vertellus Holdings LLC, and others.
Increasing Usage in the Production of Fertilizer and Rising Growth of pharmaceutical Sector are Some of the Major Factors Driving the Market Growth
The market is largely driven by increasing production of fertilizers because ammonium sulfate is mostly used as a fertilizer for alkaline soils. According to the International Fertilizer Association, from 218 Mt in 2019 to 232 Mt NH3in 2024, global ammonia capacity is projected to increase by 6% (a net 14.1 Mt NH3). Ammonia capacity is projected to grow fast in South Asia (led by India), Africa (primarily Nigeria and Egypt), and the EECA (Russia, Belarus and Uzbekistan). In addition, increasing agriculture production is also supplementing the growth of global ammonium sulfate market. According to the Food and Agriculture Organization, between 2000 and 2018, total primary crop production increased by nearly 50%, to 9.1 billion tones. Cereals account for approximately one-third of all crops produced in 2018, followed by sugar crops (24%), and vegetables (12%). Oil crops, fruit, and roots and tubers made for 9 to 11 percent of overall production. The rise in production is due to a combination of factors including greater irrigation, pesticides, and fertilizers, as well as, to a lesser extent, a larger planted area.
Furthermore, increasing FDA approval for ammonium sulfate as an acidity regulator and its recognition as E517 food additive are also fostering the growth of ammonium sulfate market. According to the Food and Administration (FDA), ammonium sulfate has been classified as a safe acidity regulator in bread and flours. It is often used as a dough conditioner and dough strengthener, and as an additive, it aids in managing the pH level of baked items.
However, high costs required for the production of ammonium sulfate and rising availability of substitutes like ammonium nitrate may hinder the growth of global ammonium sulfate market. In spite of that, growing use of ammonium sulfate in agriculture sector for manufacturing of water-soluble fungicides, insecticides and herbicides can offer more opportunities for the further growth of the global ammonium sulfate market.
Asia Pacific is Expected to Witness a Fastest Growth in the Global Ammonium Sulfate Market
Asia Pacific region is expected to show a lucrative growth in the global ammonium sulfate market due to the growing agriculture sector development and production, increasing consumption of fertilizers and rising use of ammonium sulfate in various applications in th8is region. According to the Fertilizer Association of India; by 2050, total fertilizer nutrient demand is expected to be over 60 million tons (45 million tons of chemical fertilizers and 15 million tons of organic and bio-fertilizers), compared to 34 million tones currently consumed (containing 27 million tons of chemical fertilizers and 7 million tons of organic and bio-fertilizers).
Europe is the next growth market for ammonium sulfate market due to the large agricultural area under cultivation, growing demand for fertilizers, and merger and collaboration of various organizations in this region. According to the European Environment Agency (EEA), 39% of the absolute land area in the region was occupied by agribusiness and grasslands in 2017. The EU has forced limitations on the utilization of nitrates, which is required to decidedly affect the interest for ammonium sulfate. As per the news published in 2017, the value of the fertilizer market reached EUR 17 billion. France, Germany and the UK, accounted for 40 % of the market. The volume of fertilizers used in the EU, represents 10 % of the total use at global level. For instance, in November 2019, Yara International have done a agreement to purchase Vale SA’s fertilizer complex in Cubatao, Brazil this procurement will permit Yara to twofold its fertilizer production limit in Brazil to three million tons each year.
North America
- U.S.
- Canada
Europe
- U.K.
- France
- Germany
- Italy
Asia Pacific
- China
- Japan
- India
- Southeast Asia
Latin America
- Brazil
- Mexico
Key Benefits of Global Ammonium Sulfate Market Report-
- Global Ammonium Sulfate Market report covers in depth historical and forecast analysis.
- Global Ammonium Sulfate Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global Ammonium Sulfate Market report helps to identify opportunities in market place.
- Global Ammonium Sulfate Market report covers extensive analysis of emerging trends and competitive landscape.
This comprehensive report will provide:
- Enhance your strategic decision making
- Assist with your research, presentations and business plans
- Show which emerging market opportunities to focus on
- Increase your industry knowledge
- Keep you up-to-date with crucial market developments
- Allow you to develop informed growth strategies
- Build your technical insight
- Illustrate trends to exploit
- Strengthen your analysis of competitors
- Provide risk analysis, helping you avoid the pitfalls other companies could make
- Ultimately, help you to maximize profitability for your company.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2019?
- How will each segment grow over the forecast period and how much revenue will these segment account for in 2027?
- Which region has more opportunities?
Get Full Report: @https://brandessenceresearch.com/chemical-and-materials/ammonium-sulfate-market
About us: Brandessence Market Research and Consulting Pvt. Ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals, and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations, and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
Contact us at: +44-2038074155 or mail us at[email protected]
Top Trending Reports:
At CAGR of 3.46%, SEEG Depth Electrode Market is expected to reach USD 15.23 million by 2025
At CAGR of 2.7%, Vitamin B3 Market Size is Expected to Reach USD 379.8 Million by 2027
At 11.5% CAGR, Soil Moisture Sensor Market size is expected to reach USD 522.9 Million by 2027
Growing At 16.1% CAGR, ESIM Market Size is Projected to Exceed USD 21596.7 Million by 2027
Global Ammonium Sulfate Market:Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasingfertilizer production, and increasing growth of pharmaceutical sectorare contributing in the growth of Global Ammonium Sulfate Market.
Global Ammonium Sulfate Market is valued atUSD 3385.1 Million in 2020and expected to reachUSD 4530.1 Million by 2027with theCAGR of 4.25%over the forecast period.
Download Sample Report:@https://brandessenceresearch.com/requestSample/PostId/1613
Scope of GlobalAmmonium Sulfate Market:
Ammonium sulfate [(NH4)2 SO4] is an inorganic salt which is one of the first and most commonly utilized nitrogen (N) fertilizers for crop productivity. It’s becoming less common, but it’s especially useful when both nitrogen (N) and sulfur (S) are needed. Its high solubility allows it to be used in a variety of agricultural applications. Ammonium sulfate has a variety of applications in industry. The ammonium ion is released in the soil and generates a little quantity of acid, which lowers the pH balance while providing vital nitrogen for plant growth. Food companies regularly add ammonium sulfate to bread goods as a dough conditioner and it’s also found in fire extinguisher powder and flame-retardants. In the chemical industry, wood pulp, textile, and pharmaceutical industries, it serves a variety of functions. The majority ofammonium sulfate demand is satisfied by by-products from numerous industries. Ammonium sulfate is a byproduct of the nylon manufacturing process. Certain ammonia-containing by-products and spent sulfuric acid are widely converted to ammonium sulfate for agricultural application.
Covid-19 pandemic has shown a negative impact on global ammonium sulfate market. Due to lockdown conditions various nations has led the temporary suspension of production, distribution and transportation of ammonium sulfate. This pandemic has affected many end-use industries where ammonium sulfate is used thus, its demand has shown a decline. During COVID-19 pandemic, deficiency in raw material supply is anticipated to hamper the production rate of ammonium sulfate, which adversely impacts the market development.
Global Ammonium Sulfate Market Segmentation:
Global ammonium sulfate market is segmented on the basis of product, application and region & country level. Based upon product, global ammonium sulfate market is classified into solid and liquid. Based upon application, the market is divided into fertilizers,food additive, industrial,pharmaceutical, water treatment, textile and others.
By Product:
- Liquid
- Solid
By Application:
- Fertilizers
- Food Additive
- Industrial
- Pharmaceutical
- Water Treatment
- Textile
- Others
The regions covered in this global ammonium sulfate market are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of global ammonium sulfate is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players of Global Ammonium Sulfate Market
Major players in the global ammonium sulfate market are AdvanSix, ArcelorMittal BASF SE, Arkema, DOMO Chemicals GmbH, Evonik Industries AG, GAC Chemical Corporation, GFS Chemicals, Inc., Honeywell International Inc., Koninklijke DSM N.V., LANXESS, GSFC, Martin Midstream Partners L.P., Merck KGaA, Nutrien Ltd., OCI Nitrogen, Sumitomo Corporation Vertellus Holdings LLC, and others.
Increasing Usage in the Production of Fertilizer and Rising Growth of pharmaceutical Sector are Some of the Major Factors Driving the Market Growth
The market is largely driven by increasing production of fertilizers because ammonium sulfate is mostly used as a fertilizer for alkaline soils. According to the International Fertilizer Association, from 218 Mt in 2019 to 232 Mt NH3in 2024, global ammonia capacity is projected to increase by 6% (a net 14.1 Mt NH3). Ammonia capacity is projected to grow fast in South Asia (led by India), Africa (primarily Nigeria and Egypt), and the EECA (Russia, Belarus and Uzbekistan). In addition, increasing agriculture production is also supplementing the growth of global ammonium sulfate market. According to the Food and Agriculture Organization, between 2000 and 2018, total primary crop production increased by nearly 50%, to 9.1 billion tones. Cereals account for approximately one-third of all crops produced in 2018, followed by sugar crops (24%), and vegetables (12%). Oil crops, fruit, and roots and tubers made for 9 to 11 percent of overall production. The rise in production is due to a combination of factors including greater irrigation, pesticides, and fertilizers, as well as, to a lesser extent, a larger planted area.
Furthermore, increasing FDA approval for ammonium sulfate as an acidity regulator and its recognition as E517 food additive are also fostering the growth of ammonium sulfate market. According to the Food and Administration (FDA), ammonium sulfate has been classified as a safe acidity regulator in bread and flours. It is often used as a dough conditioner and dough strengthener, and as an additive, it aids in managing the pH level of baked items.
However, high costs required for the production of ammonium sulfate and rising availability of substitutes like ammonium nitrate may hinder the growth of global ammonium sulfate market. In spite of that, growing use of ammonium sulfate in agriculture sector for manufacturing of water-soluble fungicides, insecticides and herbicides can offer more opportunities for the further growth of the global ammonium sulfate market.
Asia Pacific is Expected to Witness a Fastest Growth in the Global Ammonium Sulfate Market
Asia Pacific region is expected to show a lucrative growth in the global ammonium sulfate market due to the growing agriculture sector development and production, increasing consumption of fertilizers and rising use of ammonium sulfate in various applications in th8is region. According to the Fertilizer Association of India; by 2050, total fertilizer nutrient demand is expected to be over 60 million tons (45 million tons of chemical fertilizers and 15 million tons of organic and bio-fertilizers), compared to 34 million tones currently consumed (containing 27 million tons of chemical fertilizers and 7 million tons of organic and bio-fertilizers).
Europe is the next growth market for ammonium sulfate market due to the large agricultural area under cultivation, growing demand for fertilizers, and merger and collaboration of various organizations in this region. According to the European Environment Agency (EEA), 39% of the absolute land area in the region was occupied by agribusiness and grasslands in 2017. The EU has forced limitations on the utilization of nitrates, which is required to decidedly affect the interest for ammonium sulfate. As per the news published in 2017, the value of the fertilizer market reached EUR 17 billion. France, Germany and the UK, accounted for 40 % of the market. The volume of fertilizers used in the EU, represents 10 % of the total use at global level. For instance, in November 2019, Yara International have done a agreement to purchase Vale SA’s fertilizer complex in Cubatao, Brazil this procurement will permit Yara to twofold its fertilizer production limit in Brazil to three million tons each year.
North America
- U.S.
- Canada
Europe
- U.K.
- France
- Germany
- Italy
Asia Pacific
- China
- Japan
- India
- Southeast Asia
Latin America
- Brazil
- Mexico
Key Benefits of Global Ammonium Sulfate Market Report-
- Global Ammonium Sulfate Market report covers in depth historical and forecast analysis.
- Global Ammonium Sulfate Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global Ammonium Sulfate Market report helps to identify opportunities in market place.
- Global Ammonium Sulfate Market report covers extensive analysis of emerging trends and competitive landscape.
This comprehensive report will provide:
- Enhance your strategic decision making
- Assist with your research, presentations and business plans
- Show which emerging market opportunities to focus on
- Increase your industry knowledge
- Keep you up-to-date with crucial market developments
- Allow you to develop informed growth strategies
- Build your technical insight
- Illustrate trends to exploit
- Strengthen your analysis of competitors
- Provide risk analysis, helping you avoid the pitfalls other companies could make
- Ultimately, help you to maximize profitability for your company.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2019?
- How will each segment grow over the forecast period and how much revenue will these segment account for in 2027?
- Which region has more opportunities?
Get Full Report: @https://brandessenceresearch.com/chemical-and-materials/ammonium-sulfate-market
About us: Brandessence Market Research and Consulting Pvt. Ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals, and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations, and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.
Contact us at: +44-2038074155 or mail us at[email protected]
Top Trending Reports:
At CAGR of 3.46%, SEEG Depth Electrode Market is expected to reach USD 15.23 million by 2025
At CAGR of 2.7%, Vitamin B3 Market Size is Expected to Reach USD 379.8 Million by 2027
At 11.5% CAGR, Soil Moisture Sensor Market size is expected to reach USD 522.9 Million by 2027
Growing At 16.1% CAGR, ESIM Market Size is Projected to Exceed USD 21596.7 Million by 2027