01-Jun-2020 | Facts and Factors
Findings from Facts and Factors report “Ammonium Sulfate Market By Product Type (Liquid Ammonium sulfate, and Solid Ammonium sulfate) and By Application (Fertilizers, Industrial Use, Food Additives, Water Treatment, Pharmaceuticals, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Ammonium Sulfate Market in 2019 was approximately USD 3.00 billion. The market is expected to grow at a CAGR of 4.5% and is anticipated to reach around USD 4.10 billion by 2026.
Ammonium sulfate is an inorganic sulfate salt that is obtained by the sulfuric acid reaction with two ammonia equivalents. It has a high melting point greater than 280 ° C. It is commonly used in both the food industry and the fertilizer industry. A majority of the products currently available are obtained through the oxidation cycle of caprolactam.
Ammonium sulfate is produced mainly as a by-product of processes on coke oven and caprolactam. Caprolactam is commonly used in nylon fiber production. Nylon fibers have a wide variety of uses including carpets, textiles, nets, industrial yarns, and fishing lines. As a result, the rise in demand for nylon fibers has led to an increase in caprolactam production, leading to an increase in the global availability of ammonium sulfate. However, the commodity demand is expected to experience a sluggish rate of growth over the forecast period, resulting in over-supply on the marketplace. The aspect has lowered the product's price.
Browse the full “Ammonium Sulfate Market By Product Type (Liquid Ammonium sulfate, and Solid Ammonium sulfate) and By Application (Fertilizers, Industrial Use, Food Additives, Water Treatment, Pharmaceuticals, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/ammonium-sulfate-market-by-product-type-liquid-ammonium-1045
In addition to this, ammonium sulfate is seen as toxic to human health. Worker exposure to ammonium sulfate at refining, manufacturing, and transportation sites may cause serious respiratory route infection due to and dust inhalation and aqueous aerosols. Long skin contact may cause dermatitis, damage to the lungs, and permanent damage to the eyes. These factors are likely to inhibit growth in the market.
The growing use of solid ammonium sulfate in food and beverages and fertilizers is expected to fetch larger revenue for the category in the forthcoming time. In agriculture, ammonium sulfate delivers better results in less cost than other chemicals like ammonium nitrate and ammonium chloride. Fertilizers are expected to lead the market with the largest market share of more than 70%. Moreover, the pharmaceutical industry is estimated to grow at the fastest growth rate in the forecasted period.
According to the regional market is bifurcated such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The larger share of Agriculture to the economy is boosting the Asia Pacific market to consume ammonium sulfate at a significant rate. The region is estimated to lead the market in the forecast period.
The rise in a population generating an extensive food demand from China, and India. Europe has around 40% of agricultural land. The advancement in the agriculture techniques in Europe is anticipated to propel the ammonium sulfate market. Europe is expected to follow North America, in terms of the production of Aluminum sulfate. Moreover, Latin America and Middle East & Africa are expected to witness moderate growth rate in the forthcoming time.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3.00 Billion |
Projected Market Size in 2026 |
USD 4.10 Billion |
CAGR Growth Rate |
4.5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
BASF, GAC CHEMICAL, Nutrien Ltd, Vertellus Holdings LLC, Royal DSM, ArcelorMittal, OCI Nitrogen, AdvanSix, Sumitomo Chemical Co., Ltd, DOMO Chemicals, LANXESS, HELM AG, Merck KGaA, Honeywell International Inc, and Evonik Industries AG., and Others |
Key Segment |
By Product, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the leading players in the global market include
BASF, GAC CHEMICAL, Nutrien Ltd, Vertellus Holdings LLC, Royal DSM, ArcelorMittal, OCI Nitrogen, AdvanSix, Sumitomo Chemical Co., Ltd, DOMO Chemicals, LANXESS, HELM AG, Merck KGaA, Honeywell International Inc, and Evonik Industries AG.
This report segments the Ammonium Sulfate Market market as follows:
By Product Type Segmentation Analysis
- Solid Ammonium sulphate
- Liquid Ammonium sulphate
By Application Segmentation Analysis
- Fertilizers
- Industrial Use
- Food Additives
- Water Treatment
- Pharmaceuticals
- Others
By Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
Rest of Middle East & Africa
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