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Ammonium Sulfate Market Size to Reach USD $ 4 Billion, Globally, By 2030 at CAGR of 6% – IndustryARC

Jul 10, 2024 7:00 PM ET

Ammonium Sulfate Market Size to Reach USD $ 4 Billion, Globally, By 2030 at CAGR of 6% – IndustryARC

Ammonium Sulfate is used in a wide range of applications such as fertilizers for alkaline soils, purifying protein, flame retardants, food additives, and the preparation of ammonium salts such as ammonium persulfate.

This report identifies the Ammonium Sulfate market size in 2030 as 4 billion and the forecast period is 2024 to 2030 with a CAGR of 6%. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to the Ammonium Sulfate market. Ammonium Sulfate has a high Sulfur content in the Sulfate form which occurs naturally in volcanic fumaroles as a rare mineral, mascagnite. It is in an organic salt that is prepared by treatment of ammonia along with sulphuric acid as a by-product from coke ovens. It is also prepared by treatment of ammonium carbonate with gypsum to give calcium carbonate in precipitated form leaving ammonium sulphate in solution form.

Ammonium Sulfate is used in a wide range of applications such as fertilizers for alkaline soils, purifying protein, flame retardants, food additives, and the preparation of ammonium salts such as ammonium persulfate. It is also amongst the most widely used nitrogen fertilizers used globally to enhance crop yields in various agricultural applications. Apart from this ammonium sulphate is also used in pharmaceutical applications, industrial chemicals and production of cattle feed supplements. Globally demand for the Ammonium Sulfate market is driven by factors such as increasing consumption of Nitrogen-based fertilizers globally to increase crop yields and increasing usage of ammonium sulphate in the food and beverage industry.

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Ammonium Sulfate Market Current and Future Trends:

Growing Demand in Agriculture: Ammonium sulfate is a popular fertilizer due to its high nitrogen and sulfur content. The increasing global demand for food has led to a rise in the use of fertilizers, including ammonium sulfate, to improve crop yields. This trend is likely to continue as agricultural practices evolve to meet the demands of a growing population.

Shift Towards Sustainable Agriculture: With a growing emphasis on sustainable farming practices, there is a rising interest in fertilizers that minimize environmental impact. Ammonium sulfate, compared to some other nitrogen fertilizers like urea, has lower ammonia volatilization potential, reducing nitrogen losses to the environment. This makes it attractive to farmers and aligns with regulatory efforts to reduce nitrogen pollution.

Industrial Applications: Apart from agriculture, ammonium sulfate finds applications in various industries such as food, pharmaceuticals, textiles, and chemicals. As these industries grow, so does the demand for ammonium sulfate, particularly for processes like protein purification, food additives, and flame retardants.

Technological Advancements: Continuous research and development efforts are focused on improving the production processes of ammonium sulfate, making it more cost-effective and environmentally friendly. Innovations such as using by-products or waste streams as raw materials for production are gaining traction, reducing resource consumption and waste generation.

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Ammonium Sulfate Market Report – Scope:

The Ammonium Sulfate Market has been segmented By Application, Agrochemicals, Pharmaceutical, Water Treatment & Food Processing, Textile Dyeing and geography. The report provides insights into the market dynamics, including market drivers and challenges.

Ammonium Sulfate Market with top country data and analysis. The report also highlights the market potential, growth rates, and alternative relevant statistics.

The competitive landscape section features company profiles of major players such as Akzo Nobel N.V, SABIC, Arkema, BASF, and Evonik Industries. This report is a valuable source of guidance and direction for companies and individuals interested in the Ammonium Sulfate market.

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The top 10 players in the Ammonium Sulfate industry are:

  • Akzo Nobel N.V.
  • SABIC
  • Arkema  
  • BASF 
  • Evonik Industries
  • Honeywell International Inc.
  • Merck KGaA
  • Sumitomo Chemical Co., Ltd.
  • Lanxess
  • Domo Chemicals
  • 10+

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