Market Overview:
The Global Ammonium Sulfate Market is projected to register a healthy CAGR of 5.52% to reach a market value of USD 616 Million by the end of 2026.
Ammonium sulfate is a white, odorless, and solid inorganic compound composed of 24% sulfate ions and 21% nitrogen in the form of ammonium ions. It is produced by reacting sulfuric acid with heated ammonia. Ammonium sulfate is mainly used as a fertilizer for alkaline soils because it helps to decrease the pH value of soil. It is also used as an agriculture spray adjuvant for water-soluble pesticides. Thus, decreasing arable land, growing demand for nutrient-rich food, and development in the agricultural industry are some of the factors driving the growth of the global market. The other commercial applications of ammonium sulfate include pharmaceutical, food processing, animal feed, and textile dyeing.
The agricultural industry is the largest consumer of ammonium sulfate, wherein it used as a nitrogen fertilizer. The use of ammonium sulfate in fertilizers results in lower pH balance and improves both the quality and yield of crop production. The demand for fertilizers in the agricultural industry is supported by the increasing population and subsequent need for food to be addressed within the limited arable land available. Moreover, the availability of raw material on a large-scale as well as from different sources offers an added advantage to the producers of ammonium sulfate, which is likely to be a factor a favoring the market growth.
 
Market Dynamics
The prominent growth driver for the global ammonium sulfate market is the increasing demand for nitrogen- and sulfur-rich fertilizers across the globe. Nitrogen and sulfur are some of the key constituents of fertilizers, which help to increases the fertility of soil and yield of crops. Ammonium sulfate-based fertilizers are made of 21% nitrogen and 24% sulfur and used in areas with nitrogen and sulfur deficiency. According to the Food & Agricultural Organization of United Nations (FAO), the global demand for fertilizers is expected to reach 20.6 million tons by 2020, due to the growing population and subsequent need for food to be addressed within the limited arable land available. The high solubility of ammonium sulfate makes it ideal for use in flooded areas and alkaline soils to adjust the pH and transferring the micronutrients from soil to plants. Besides, the sulfur content in ammonium sulfate fertilizer is in the sulfate sulfur form rather than elemental sulfur; hence, the sulfate sulfur is directly available to the crops, unlike elemental sulfur that takes nearly 90 days to be converted into sulfate and reach the crops. Thus, the advantages of ammonium sulfate in fertilizer applications are expected to boost their demand and drive the growth of the global market during the forecast period.
Ammonium sulfate-based fertilizers are widely preferred over urea for rice cultivation, as urea is susceptible to denitrification losses in flooded soil. As per the FAO statistics, global rice production grew by 1.4% and was pegged 511.4 million tons in 2018, the production and consumption were mainly concentrated in Asia-Pacific. With the growing production of rice in the major economies of Asia-Pacific, including India, China, Japan, Indonesia, Bangladesh, Vietnam, Thailand, the Philippines, and Myanmar is expected to fuel the demand for ammonium sulfate fertilizers in the region.
 
Regional Analysis
The global ammonium sulfate market is studied with respect to key regional markets—North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The regional market of Asia-Pacific held the largest share of the global market in 2018 and is projected to register the highest CAGR of 4.03% during the assessment period. The prominent factors driving growth of the regional market are the high demand for agricultural products due to various initiatives taken by the governments in developing countries to increase the crop output and the increasing production and consumption of rice in in the Asia-Pacific region. With stable economic growth, rising population, and urbanization, the consumption of rice in the region is set to witness ~4.8% growth during the forecast period.
The regional markets in North America and Europe are expected to witness sluggish growth owing to the stringent regulatory norms for the use of ammonium sulfate for agricultural purpose.
 
Market Segmentation
Global Ammonium Sulfate Market, by Product Type

Solid
Liquid

Global Ammonium Sulfate Market, by Application

Fertilizers
Industrial Use
Pharmaceutical
Food & Beverage
Water Treatment
Textile Dyeing
Others

Global Ammonium Sulfate Market, by Region

North America

US
Canada


Europe

Germany
UK
France
Spain
Italy
Russia
Rest of Europe


Asia-Pacific

China
India
Japan
South Korea
Australia & New Zealand
Indonesia
Rest of Asia-Pacific


Latin America

Brazil
Mexico
Argentina
Rest of Latin America


Middle East & Africa

Turkey
South Africa
UAE
Saudi Arabia
Egypt
Rest of Middle East & Africa



Available Additional Customizations

Trade Analysis
Competitive Benchmarking
Regulatory Framework
Raw Material Pricing Analysis
Company Profiles of Key Regional Players

Akzo Nobel N.V. Company
SABIC Company
Arkema Company



Intended Audience

Ammonium Sulfate Producers
Suppliers and traders of Ammonium Sulfate
Government, associations, and industrial bodies
Investors and trade experts
Consulting in chemical experts

 
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Key Players
The prominent players in the global ammonium sulfate market BASF SE (Germany), Nutrien Ltd (Canada), Royal DSM (The Netherlands), OCI Nitrogen (The Netherlands), Sumitomo Chemical Co., Ltd (Japan), HELM AG (Germany), Honeywell International Inc (US), Evonik Industries AG (Germany), Merck KGaA (Germany), LANXESS (Germany), DOMO Chemicals (Belgium), AdvanSix (US), ArcelorMittal (Luxembourg),  Vertellus Holdings LLC (US) and GAC CHEMICAL (US), among others.
Some of the key strategies followed by the players operating in the global ammonium sulfate market are expansion, mergers & acquisitions, joint venture, and agreements.

In May 2018 OCI and Dakota Gasification Company (DGC) signed a JV agreement to form N 7, LLC to sell nitrogen fertilizers in North America. This development will help OCI and DGC to expand its presence and enhance the utilization of logistics infrastructure and secure the supply of products.
In January 2018, Nutrien shut down its Redwater facility, which was focused on the manufacturing of phosphate, and aims at transforming this production facility for ammonium sulfate production. It invested USD 24 million for doubling its production capacity in Redwood, US.

 
 
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