Press release
Ammonium Sulphate Market Industry Overview, Key Players, and Growth Prospects | BASF, Honeywell, DSM Chemicals
The size of the global ammonium sulphate market was 2.98 billion dollars in 2022, and by 2030, it is anticipated to reach 7.321 billion dollars, rising at a compound annual growth rate (CAGR) of 7.25% from 2023 to 2030. Chemically speaking, ammonium sulphate has the formula (NH4)2SO4. It comes in the form of a white, crystalline powder that is very water soluble. It is frequently employed as a flocculant in water treatment, as a fertiliser, and in the manufacture of paper, textiles, and glass. Additionally, the manufacture of paints, dyes, and explosives uses ammonium sulphate.
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The Key companies profiled in the Ammonium Sulphate Market:
The study examines the Ammonium Sulphate Market's competitive landscape and includes data on BASF, Honeywell, DSM Chemicals, LANXESS, UBE, OCI Nitrogen, KuibyshevAzot, Domo Chemicals, JSC Grodno Azot, GSFC, Ostchem, Sinopec, Shandong Haili, Datang Power, Juhua, Zhejiang Hengyi, Tian Chen, Sanning, Hongye Group, Shandong Wolan Biology & Others.
Global Ammonium Sulphate Market Split by Product Type and Applications
This report segments the Ammonium Sulphate Market on the basis of Types:
Coke-Oven Gas Production Route
Caprolactam by-Product Production Route
Others
On the basis of Application, the Ammonium Sulphate Market is segmented into:
Fertilizer
Industrial Use
Food Additive
Other
The demand for fertilisers is also being driven by the rising population and the demand for food, which is anticipated to drive up the worth of the ammonium sulphate market. However, there are several obstacles that the ammonium sulphate market must overcome, including growing competition from alternative fertilisers, price swings for raw materials, and increased regulatory oversight of the fertiliser sector. Additionally, the COVID-19 epidemic has had a substantial effect on the world fertiliser market, hurting ammonium sulphate production and distribution due to supply chain interruptions and decreasing demand.
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When it comes to regional analysis, the ammonium sulphate market is most heavily concentrated in North America and Europe, where there is a huge supply of fertiliser producers and a sizable demand for industrial chemicals. However, due to the rising demand for industrial chemicals and agricultural products, the market is also expanding throughout Asia, particularly in nations like China, India, and Japan.
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Market Segmentation:
Ammonium Sulphate market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
The ammonium sulphate market has a considerable impact on the chemical and material industries. Ammonium sulphate is in high demand because of the end products it is used to make, which are necessary for the manufacturing of numerous materials as well as the growth of crops and livestock. The production of ammonium sulphate is a key component of the industry, and market trends and changes in this sector will have a big impact on the chemical and material sector as a whole.
Major Point of Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Global Ammonium Sulphate Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global Ammonium Sulphate Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Ammonium Sulphate Market Analysis
Chapter 6 East Asia Ammonium Sulphate Market Analysis
Chapter 7 Europe Ammonium Sulphate Market Analysis
Chapter 8 South Asia Ammonium Sulphate Market Analysis
Chapter 9 Southeast Asia Ammonium Sulphate Market Analysis
Chapter 10 Middle East Ammonium Sulphate Market Analysis
Chapter 11 Africa Ammonium Sulphate Market Analysis
Chapter 12 Oceania Ammonium Sulphate Market Analysis
Chapter 13 South America Ammonium Sulphate Market Analysis
Chapter 14 Company Profiles and Key Figures in Ammonium Sulphate Business
Chapter 15 Global Ammonium Sulphate Market Forecast (2023-2028)
Chapter 16 Conclusions
Research Methodology...
Global Ammonium Sulphate Market Research FAQs
1. Which country holds the topmost position in the market?
2. Which products & services have been included in this market?
3. Which end user segments have been included in this market?
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