Global procurement intelligence advisory firm SpendEdge has announced the release of their Ammonium Sulfate Market Intelligence Report, for the Materials market, is expected to grow by USD 0.95 billion as we reach 2024.

Collaborations with global suppliers will also help buyers in cost-saving and ensure high-quality procurement in the forthcoming years in this dynamic market. Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects a change of 1%-3%, says senior procurement analyst at SpendEdge.

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• Ammonium Sulfate Report Insights
  • The Ammonium Sulfate market is set to showcase a CAGR of around 4.89%
  • SpendEdges analysts expects that suppliers will have moderate bargaining power in this market
  • Holistic category management approach will help buyers

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• Ammonium Sulfate Pricing Trends
  • The pressure from substitutes and a high level of threat from new entrants has resulted in the moderate bargaining power of suppliers.
  • Buyers should align their preferred pricing models for Ammonium Sulfate with the wider industry and identify the cost-saving potential.
  • Perpetual license, package pricing, and subscription based are the most widely adopted pricing models in the Ammonium Sulfate.

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Ammonium Sulfate Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist Ammonium Sulfate market growth during the next five years
• Estimation of the Ammonium Sulfate market size
• Predictions on upcoming trends and changes in supplier behavior
• The growth of the Ammonium Sulfate market
• Analysis of the markets competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Ammonium Sulfate market vendors

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SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

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Technavio announces the release of its latest report on the industrial hemp market. The market is segmented by application (textiles, hemp-based CBD, food and supplements, personal care, and others) and geography (APAC, North America, Europe, South America, and MEA). The report offers an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches, and the market behavior across various segments.

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Industrial Hemp Market: Key Findings

• Industrial hemp market value to grow by USD 3.35 billion at over 11% CAGR during 2020-2024
• 46% of market growth to originate from APAC during the forecast period
• Based on the application, the textiles segment will offer maximum opportunities for vendors during the forecast period
• Industrial hemp market is expected to have a neutral impact due to the spread of COVID-19

Industrial Hemp Market: Growth Drivers

The increasing demand for industrial hemp from the textile industry is one of the prime factors driving the market growth. Industrial hemp fibers are extensively used in the textile industry as a substitute for cotton and synthetic fibers for manufacturing canvas, sailcloth, rope, sacks, clothing, furnishing textiles, specialty textiles, and other products. This is because hemp fibers contain numerous cracks and small holes that provide capillary effect, good moisture absorbing ability, and better breathing performance. Also, they possess various properties such as moisture permeability, good heat radiation, and static and ultraviolet resistance. Many such benefits are increasing the use of industrial hemp in the textile industry, thereby driving the market growth.

Rise in the legalization of hemp cultivation and rising demand for industrial hemp from China and the US will further boost market growth during the forecast period, says a senior analyst at Technavio.

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Industrial Hemp Market: Major Vendors

22nd Century Group Inc.

22nd Century Group Inc. operates its business through segments such as Tobacco and Hemp. The company offers industrial hemp with optimized levels of medically important cannabinoids, including CBD, CBC, and CBG.

Aurora Cannabis Inc.

Aurora Cannabis Inc. operates its business through segments such as Cannabis and Horizontally Integrated Businesses. The company provides hemp CBD under the brand Reliva.

Bombay Hemp Company Pvt. Ltd.

Bombay Hemp Company Pvt. Ltd. operates its business through the Unified segment. The company offers high-quality hemp seeds.

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Related Reports on Materials Include:

Global Precipitated Silica Market “ Global precipitated silica market is segmented by application (rubber, food, feed, and agrochemicals, cosmetics and oral care, coatings, paints, and inks, and others) and geography (APAC, North America, Europe, South America, and MEA), type (rubber grade and non-rubber grade). Click Here to Get an Exclusive Free Sample Report

Global Phosgene Market “ Global phosgene market is segmented by application (MDI, TDI, and others) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

The Houston Hope Line is now the sole remaining free service that is an alternative to a traditional crisis hotline and provides community members, who are experiencing mental health distress, with peer support and referrals to local resources that are matched to their needs. The Houston Health department previously had a COVID specific ˜hot-line, but the line is no longer in operation. The Houston Hope Line is a free service that acts as a ˜warmline to serve Houstonians who may need an extra listening ear and offers a new way for Houstonians to combat stress, anxiety and isolation that comes from feeling down or lonely, especially during the extremely volatile time battling COVID-19.

Navigating the mental health care system is difficult and somewhat frightening. The Houston Hope Line offers those in distress an easily accessible starting point for help, says Dr. Matthew Stanford, CEO of the Hope and Healing Center & Institute.

Features and benefits of the Houston Hope Line include.

• Free, readily available resource for anyone needing someone to talk to
• A Mental Health referral network
• Resource for all Houstonians struggling with COVID-19 related stress

The Houston Hope Line is available daily (Monday through Sunday) from 5:00 p.m. to 8:00 p.m. and is free for all people. For more information on the Houston Hope Line, visit www.houstonhopeline.com

ABOUT THE HOPE AND HEALING CENTER & INSTITUTE (HHCI)

The Hope and Healing Center & Institute (HHCI) was founded in 2012 as a 501(c)(3) nonprofit organization by St. Martins Episcopal Church to help people broken by lifes circumstances.

The Hope and Healing Center & Institute is Greater Houstons frontline resource for access to mental health services and support.

Through peer support and referrals, our mental health clinic, community education and training, we are Greater Houstons hub for mental health and wellness.

Visit us at www.hopeandhealingcenter.org

Cody Weiss

Hope and Healing Center & Institute

346.335.8620

[email protected]