logo
logo
Sign in

Ammonium Sulfate Global Market 2024 - By Size, Demand, Share, Trends, Forecast To 2033

avatar
varun@tbrc
Ammonium Sulfate Global Market 2024 - By Size, Demand, Share, Trends, Forecast To 2033

The ammonium sulfate market size is expected to see strong growth in the next few years. It will grow to $5.48 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing crop yields, environmental regulations, food security concerns, rising pharmaceuticals sector, rise in disposable income. Major trends in the forecast period include biostimulants and micronutrients, customized fertilizer blends, precision agriculture, partnership and collaboration, sustainable agriculture practices.


To access more details regarding this report, visit the link:

https://www.thebusinessresearchcompany.com/report/ammonium-sulfate-global-market-report


Segmentation & Regional Insights

The ammonium sulfate market covered in this report is segmented –

1) By Product: Solid, Liquid

2) By Application: Fertilizers, Pharmaceuticals, Food and Feed Additives, Water Treatment, Other Applications

Asia-Pacific was the largest region in the ammonium sulphate market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ammonium sulfate market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.


Intrigued to explore the contents? Secure your hands-on sample copy of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=7176&type=smp


Major Driver Impacting Market Growth

The increasing demand for agrochemicals is driving the ammonium sulfate market. Agrochemicals are chemicals applied on agricultural land to enhance the soil's nutrient content and promote crop development by eliminating harmful insects. The agricultural communities across the globe are adopting to agrochemicals to increase the productivity of the crops. Ammonium sulfate is the most commonly used agrochemical for alkaline soils, since the ammonium ions are released when added to moist soil. As a result, a small quantity of acid is produced, reducing the soil's pH equilibrium. Furthermore, it contributes nitrogen, which promotes plant growth. According to the report published by CARE Ratings, a credit rating, research and advisory committee, on agrochemicals industry in 2021, the technical grade agrochemical production increased by 11.9% in FY21. Thus, the rise in demand for agrochemicals is expected to boost the demand for ammonium sulfate during the forecast period.


Key Industry Players

Major companies operating in the ammonium sulfate market include Lanxess AG, Arkema SA, Sumitomo Chemical Co Ltd., DOMO Chemicals GmbH, Evonik Industries AG, Badische Anilin- & Sodafabrik SE, GAC Chemical Corporation, G. Frederick Smith Chemical Company, Honeywell International Inc., DSM-Firmenich AG, AdvanSix Inc., OCI Co Ltd., Nutrien Ltd., Rentech Inc., KuibyshevAzot PJSC, UBE Industries Ltd., Toray Industries Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corp (Sinopec), Solvay S.A., Grodno Azot OJSC, Public Joint Stock Company, PJSC Togliattyazot, JSC EuroChem Mineral and Chemical Company, PhosAgro, Achema AB, Dorogobuzh Public Joint Stock Company, Jiangsu Huaihe Chemical Co Ltd., HELM AG


The ammonium sulfate market report table of contents includes:

1. Executive Summary

2. Ammonium Sulfate Market Characteristics

3. Ammonium Sulfate Market Trends And Strategies

4. Ammonium Sulfate Market - Macro Economic Scenario

5. Global Ammonium Sulfate Market Size and Growth

................

31. Global Ammonium Sulfate Market Competitive Benchmarking

32. Global Ammonium Sulfate Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Ammonium Sulfate Market

34. Ammonium Sulfate Market Future Outlook and Potential Analysis

35. Appendix


Explore the trending research reports from TBRC:

https://goodprnews.com/surface-active-agents-global-market-size/

https://goodprnews.com/therapeutic-dental-equipment-global-market-size/

https://goodprnews.com/stem-cell-cord-blood-banking-global-market-size/

https://topprnews.com/surface-active-agents-global-market-share/

https://topprnews.com/therapeutic-dental-equipment-global-market-share/

https://topprnews.com/stem-cell-cord-blood-banking-global-market-share/


Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected]


Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

collect
0
avatar
varun@tbrc
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more