Published by Coherent Market Insights
Posted on September 20, 2021
The Far East and Baltic countries ammonium sulfate market is estimated to account for US$ 1,275.9 Mn in terms of value and 8,272.60 thousand kilo tons in terms of volume by the end of 2019.
Ammonium sulfate is an inorganic salt that is prepared by treating heated ammonia with sulfuric acid. It has a high content of sulfur that makes it ideal for alkaline soil as it gets absorbed by plants easily. Food additives, flame retardants, purifying protein, and ammonium salts production such as ammonium persulfate are some of the other applications of ammoniums sulfate.
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Market Opportunities
Rising demand for ammonium sulfate as a food additive from the food industry is projected to serve potential market opportunities over the forecast period. This is attributed to the growth in the food industry due to increasing expenditure by consumers due to the increasing population is expected to foster the market growth of ammonium sulfate. Ammonium sulfate is used to controlling the pH level in baked food products and is mainly used as a dough conditioner and strengthener. The growing use of ammonium sulfate in the textile industry and leather products for the printing and dying process is a major trend in the market. This is also attributed to growth of the textile industry in Baltic countries. According to the CBI Europe, Europe’s apparel import market was valued at €168.5 billion in 2018, growing at an average rate of 5.8% a year. The EU is also a large re-exporter of apparel. In 2018, the EU ranked second behind China in textile exports, accounting for 23.5% of the world’s export value.
Key companies covered as a part of this study include Koninklijke DSM N.V., JSC Kuibyshev Azot, UBE Industries, Ltd., Toray Industries, Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corporation (Sinopec Corp.), JSC “Grodno Azot”, Domo Chemicals, Gujarat state Fertilizers & Chemicals Ltd.
Far East and Baltic Countries Ammonium Sulfate Market – Impact of Coronavirus (Covid-19) Pandemic
The coronavirus outbreak is expected to disrupt supply chains causing current or permanent closure of various industries globally. The fertilizer plants across the globe are facing logistical constraints due to of road closures, unavailability of proper transportation system to make deliveries of finished products leading to building inventories, as well as a labor shortage at production plants. The aforementioned reasons are key factors restraining the growth of the aluminum sulfate market during the forecast period.
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Segmentation
By Production Process
By Countries
Frequently Asked Questions
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Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
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The post Far East & Baltic Countries Ammonium Sulfate Market: Expansive Coverage on the Profit-Yielding Sources appeared first on Gatorledger.
The Far East and Baltic countries ammonium sulfate market is estimated to account for US$ 1,275.9 Mn in terms of value and 8,272.60 thousand kilo tons in terms of volume by the end of 2019.
Ammonium sulfate is an inorganic salt that is prepared by treating heated ammonia with sulfuric acid. It has a high content of sulfur that makes it ideal for alkaline soil as it gets absorbed by plants easily. Food additives, flame retardants, purifying protein, and ammonium salts production such as ammonium persulfate are some of the other applications of ammoniums sulfate.
Request a sample copy of the report:
https://www.coherentmarketinsights.com/insight/request-sample/4032
Market Opportunities
Rising demand for ammonium sulfate as a food additive from the food industry is projected to serve potential market opportunities over the forecast period. This is attributed to the growth in the food industry due to increasing expenditure by consumers due to the increasing population is expected to foster the market growth of ammonium sulfate. Ammonium sulfate is used to controlling the pH level in baked food products and is mainly used as a dough conditioner and strengthener. The growing use of ammonium sulfate in the textile industry and leather products for the printing and dying process is a major trend in the market. This is also attributed to growth of the textile industry in Baltic countries. According to the CBI Europe, Europe’s apparel import market was valued at €168.5 billion in 2018, growing at an average rate of 5.8% a year. The EU is also a large re-exporter of apparel. In 2018, the EU ranked second behind China in textile exports, accounting for 23.5% of the world’s export value.
Key companies covered as a part of this study include Koninklijke DSM N.V., JSC Kuibyshev Azot, UBE Industries, Ltd., Toray Industries, Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corporation (Sinopec Corp.), JSC “Grodno Azot”, Domo Chemicals, Gujarat state Fertilizers & Chemicals Ltd.
Far East and Baltic Countries Ammonium Sulfate Market – Impact of Coronavirus (Covid-19) Pandemic
The coronavirus outbreak is expected to disrupt supply chains causing current or permanent closure of various industries globally. The fertilizer plants across the globe are facing logistical constraints due to of road closures, unavailability of proper transportation system to make deliveries of finished products leading to building inventories, as well as a labor shortage at production plants. The aforementioned reasons are key factors restraining the growth of the aluminum sulfate market during the forecast period.
Buy This Complete A Business Report With Flat US $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/4032
Segmentation
By Production Process
By Countries
Frequently Asked Questions
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Far East & Baltic Countries Ammonium Sulfate Market: Expansive Coverage on the Profit-Yielding Sources appeared first on Gatorledger.
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