Ammonium Sulfate Market Industry Analysis Size, Market Size, Share, Trends, Growth, and Opportunities Forecast to 2026


Posted August 3, 2021 by leonfrancis

Ammonium sulfate Market is expected to rise to an estimated value of USD 4.21 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026.

 
Ammonium sulfate Market is expected to rise to an estimated value of USD 4.21 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growth of the product as a fertilizer owing to a rise in demand of food grains. Availability of substitute products such as urea, ammonium nitrate as fertilizers is expected to restrain the growth of the market Concerns relating to health of the individuals in close vicinity of the applicable area of ammonium sulfate is expected to restrain the growth of the market.

Ammonium Sulfate Market By Product (Solid, Liquid), Application (Fertilizers, Food Additives, Industrial, Pharmaceutical, Textile, Water Treatment, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026.

Global Ammonium sulfate Market is a chemical compound, which is a type of inorganic salt with a wide range of commercial applications as a fertilizer, as a base material and for the production of different materials such as ammonium persulfate and also as fire extinguishing chemical. It is generally produced as a by-product of caprolactam production, although it is also found in naturally occurring minerals. Overall growth of the manufacturing industry which utilizes the product in several production operations is expected to drive the growth of the market Increasing commercial applications of the product such as in pharmaceutical, food processing, textiles, water treatment is expected to drive the growth of the market Growing production of caprolactam and the manufacturing of ammonium sulfate as a by-product of caprolactam is expected to propel the growth of the market.

Segmentation: Global Ammonium Sulfate Market:
Key Developments in the Market:
In August 2018, GSFC announced that they will expand their “ammonium sulphate” manufacturing facility at their existing plant of Vadodara, Gujarat. The facility will be revamped to accommodate and renew the capacity of ammonium sulphate to 146,000 million tonnes per annum. The expansion would approximately cost around 875 lakhs. This expansion would ultimately result in self-sufficiency and reduce the imports of the compound. In July 2018, Green Markets announced the organization of their conference regarding the broad-scale demand of ammonium sulfate in the North America region. The conference named as “AMMONIUM SULFATE” 2018 was held on September 12, 2018 at Cincinnati, Ohio, United States. The conference was a stepping stone for traders, manufacturers, product innovators and logistics experts for further expansion of their capabilities.

Competitive Analysis: Global Ammonium Sulfate Market:
Global ammonium sulfate market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ammonium sulfate market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Ammonium Sulfate Market:
Few of the major competitors currently working in the global ammonium sulfate market are BASF SE; DOMO Chemicals GmbH; Honeywell International Inc.; Evonik Industries AG; LANXESS; Sumitomo Corporation; Koninklijke DSM N.V.; ArcelorMittal; Nutrien Ltd.; GSFC; Arkema; OCI Nitrogen; Merck KGaA; AdvanSix; Vertellus Holdings LLC; Martin Midstream Partners L.P.; GAC Chemical Corporation; GFS Chemicals, Inc. among others.

Research Methodology: Global Ammonium Sulfate Market:
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

Reasons for Buying this Global Ammonium Sulfate Market Report
Laser Capture Global Ammonium Sulfate Market:, report aids in understanding the crucial product segments and their perspective.
Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Laser Capture Global Ammonium Sulfate Market industry.
Even the Laser Capture Global Ammonium Sulfate Market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.
This worldwide Locomotive report provides a pinpoint test for shifting dynamics that are competitive.

The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Capture Global Ammonium Sulfate Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Global Ammonium Sulfate Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

Browse Related Report:
Chondroitin Sulfate Market
Sodium Lauryl Sulfate Market

About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Data Bridge Market Research
Phone +1-888-387-2818
Business Address pune
Country India
Categories Blogging , Business
Tags market development , market forecast , market growth , market size
Last Updated August 3, 2021