Ammonium Sulphate Market Size, Share, Growth Analysis, By Type (Solid, Liquid), By Application (Fertilizers, Pharmaceuticals), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15A2356 | Region: Global | Published Date: February, 2024
Pages: 242 |Tables: 64 |Figures: 75

Ammonium Sulphate Market Insights

Ammonium Sulphate Market size was valued at USD 3.96 Billion in 2023 and is poised to grow from USD 4.09 Billion in 2024 to USD 5.41 Billion by 2032, growing at a CAGR of 3.4% during the forecast period (2025-2032).

Ammonium sulphate is an inorganic salt that has a variety of industrial applications. The chemical's most popular usage is as a soil fertilizer since it contains 21% (w/w) nitrogen and 24% (w/w) sulfur. The substance has also been utilized in flame retardant chemicals because, when employed as a flame retardant, it lowers the maximum weight loss rates, raises the temperature at which a material will burn, and increases the amount of residue or char that will be produced. The need for flavor-improving compounds has increased along with the demand for packaged goods and convenience foods. In turn, the rapid global stockpile fill-up during the lockdown increased demand from the food business. Sales of food production rose 14.8% year over year to $125 billion in 2019. The YoY sales rise is the highest ever reported (starting in 2019). Volume losses at grocery shops are mitigated by increased foodservice volumes and higher selling prices.

The growing need to replenish soil micronutrients in order to boost crop production and ensure higher yield is driving fertilizer manufacturers to create environmentally friendly ammonium sulphate fertilizers. By increasing the organic matter of the soil after the harvesting season, ammonium fertilizers can increase the amount of residue and the root biomass. By replacing the nitrogen and sulfur in the soil, this aids in preserving the soil's long-term fertility.

US Ammonium Sulphate Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2025-2032

Global Market Size

USD 3.82 billion

Largest Segment

Solid

Fastest Growth

Solid

Growth Rate

3.4% CAGR

Global Ammonium Sulphate Market 2021-2028 ($ Bn)
Country Share for Asia-Pacific Region- 2021 (%)

To get more reports on the above market click here to Buy The Report

Ammonium Sulphate Market Segmental Analysis

Global Ammonium Sulphate Market is segmented by type, application and region. Based on type, the market is segmented into solid and liquid. Based on application, the market is segmented into fertilizers, pharmaceuticals, food & feed additives, water treatment, textile dyeing and other applications. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.  

Ammonium Sulphate Market Analysis by Product

With a revenue share of more than 90% in 2021, the stable category dominated the global ammonium sulphate market. An increase in demand for the solid category is to blame for this. Commonly known as an organic sulphate salt, ammonium sulphate is a white, odorless substance. It readily dissolves in water, but acetone or alcohol don't seem to have any effect on it. Due to their capacity to improve soil nutrient content and sulfur deficit, solid ammonium sulphate crystals are widely employed as fertilizers in alkaline soils across the world. The world's largest user of ammonium sulphate in agriculture is Mexico. 3.13 million tonnes of ammonium sulphate were used for agricultural purposes in Mexico as of 2019, making up 32.53 percent of the global total. 76.44 percent of it is made up of the top 5 nations (the others being the United States of America, Indonesia, Canada, and India). 9.61 million tonnes of ammonium sulphate were used globally in agriculture in 2019.

Commercially accessible in the form of a pale yellowish solution, the product's liquid form is known to be safe, stable, and non-hazardous. Applications for treating water frequently employ liquid ammonium sulphate solutions. Since alternatives to LAS, such as aqueous or anhydrous ammonia, have been shown to be dangerous and need adherence to a comprehensive set of standards for their transport and handling, the market for liquid ammonium sulphate (LAS) is predicted to experience substantial expansion.

Ammonium Sulphate Market Analysis by Application

In 2021, the fertilizers segment held the largest share of the global ammonium sulphate market. The market share for the fertilizers sector was 93.1 percent. The primary reason fueling the segment's expansion is an increase in demand for agricultural production owing to the rising population. In addition to driving up demand for nitrogen fertilizer, the advantages offered will also drive-up market expansion. According to the 2022 State of Food Insecurity in the World (SOFI) report, 828 million people were suffering from hunger in 2021, up roughly 46 million from 2020 and 150 million from 2019, when the COVID-19 pandemic broke out. Additionally, from June to September 2022, severe food insecurity might get worse in 20 countries or regions, according to the WFP and FAO.

But the government is taking various steps in order to meet this food requirement. For example, World Bank’s support to countries to alleviate food insecurity includes a $500 million Emergency Food Security and Resilience Promote Project to assist Egypt's initiatives to support changes that would help enhance nutritional results, boost Egypt's resilience to food crises, and guarantee that poor and vulnerable households have unhindered access to bread.

Global Ammonium Sulphate Market by Product, 2021 (%)

To get detailed analysis on other segments, Request For Free Sample Report

Ammonium Sulphate Market Regional Insights

With 34.8 percent of the worldwide market share, the Asia Pacific region led the global ammonium sulphate market and is expected to maintain its lead during the projection period. The growing population in China, India, Bangladesh, Indonesia, Pakistan, and Japan is predicted to increase the need for agricultural production and food crops, which will increase the demand for fertilizers and agrochemicals and sustain regional growth. Furthermore, a high concentration of firms in the area is likely to promote growth. The estimated population of Asia on July 1, 2021, will be 4.68 billion, or 4,679,660,580 people. Asia is by far the most populous continent, with nearly 3.5 times as many people as Africa, which is in second place. Before reaching a high in 2055 with 5.3 billion inhabitants, Asia will gain another 620 million people. Nearly a third of the world's population is found in Asia.

Due to its strong agricultural production, Europe owns a sizable portion of the global ammonium sulphate market. The EU-27 produced roughly 299 million tonnes of grains in 2019, according to data by Europa. The demand for ammonium sulphate is projected to increase due to strong manufacturing and a customer base for fertilizers. For instance, the EU produces 8% of the world's nitrogen fertilizers, 3% of phosphate fertilizers, and 6% of potash fertilizers. Additionally, information indicates that Europe consumed around 11 million tonnes of fertilizer in 2019.

In terms of value attributable to the strong demand for soil conditioning fertilizers, North America came in second to Europe. The use of soil conditioners, contemporary agricultural methods, and pH-maintaining fertilizers are all predicted to significantly increase the demand for ammonium sulphate. In addition, the Environmental Protection Agency's (EPA) strict rules are projected to increase demand for water treatment chemicals, which would help the global ammonium sulphate market to expand.

Global Ammonium Sulphate Market By Geography, 2021 - 2028
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Ammonium Sulphate Market Dynamics

Ammonium Sulphate Market Driver

  • For alkaline soils, ammonium sulphate is a fast-acting acidic fertilizer. The alkaline, nitrogen-deficient soil can restore its fertility thanks to the 20–25 percent nitrogen concentration. The demand for agrochemicals is projected to continue to rise due to the rising global population's increased demand for food crops. The Food & Agriculture Organization (FAO) estimates that there will be 160,492 million tonnes of ammonia available for fertilizer applications worldwide in 2020. One of the important nutrients in the soil, nitrogen promotes the production of chlorophyll as well as plant growth and food metabolism. The demand for ammonium sulphate is anticipated to increase as farmers increasingly use nitrogen-containing fertilizers to increase crop yields.
  • The demand is anticipated to be driven by the industrial sector's growing use of ammonium sulphate for a variety of purposes, such as wood preservation, NMR spectroscopy, water treatment, feedstock chemicals, and flame retardants, among others. The product's use as a flame-retardant composition has a similar effect to that of diammonium phosphate. It raises the temperature at which materials burn while lowering weight loss rates, further boosting the rate at which residue is produced.

Ammonium Sulphate Market Restraint

  • It is thought that ammonium sulphate is hazardous to human health. Due to the inhalation of aqueous aerosols and dust, exposure to the product during manufacture, processing, and transportation might result in a severe respiratory route infection. Long-term skin contact may result in lung damage, dermatitis, and irreversible eye and eyelid damage. It is projected that these issues would slow the global ammonium sulphate market expansion.
  • The high toxicity of ammonium sulfate and potential for soil pollution restrain market expansion. Customers are gravitating toward natural and organic fertilizers. Fertilizers made of ammonium sulphate, which is produced from petroleum byproducts, deliver quick results but are not environmentally friendly. The market's growth is constrained by the high risk of ammonium chemical leaching into groundwater sources and the shift toward natural alternatives. Since ammonium sulphate fertilizer contains little nitrogen, using too much of it can cause the soil's pH to change, making the soil naturally more acidic. Additionally, it can prolong the crop's maturation period and decrease the nutritional value of yielded crops. The market will grow as a result of increased innovation among market participants in the development of environmentally friendly fertilizers and raising awareness of their proper application.

Request Free Customization of this report to help us to meet your business objectives.

Ammonium Sulphate Market Competitive Landscape

Global ammonium sulphate market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. For example, Evonik and Interoceanic Corporation have a contract in place for Evonik to provide blueSulphate, a liquid ammonium sulphate (8-0-0-9) solution, from its location in Mobile, Alabama (IOC). This arrangement supports Evonik's plan to use IOC to market high-value byproducts of its methionine production network for use as agricultural fertiliser while concentrating on its main business in animal nutrition. With a terminal network and multi-modal transportation fleet in North America, Interoceanic is a marketer of fertiliser and industrial chemicals that connects producers and end customers. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions.

Top Players in the Global Ammonium Sulphate Market

  • BASF SE 
  • Evonik Industries AG 
  • Lanxess 
  • Advansix 
  • Sumitomo Chemical Co., Ltd. 
  • OCI 
  • Fibrant 
  • Nutrien 
  • Martin Midstream Partners L.P. 
  • Fertiberia 
  • Gujarat State Fertilizers and Chemicals Limited 
  • Ostchem 
  • Sinopec Corp. 
  • Jost Chemical Co. 
  • Kanto Chemical Co., Inc. 
  • Kishida Chemical Co., Ltd. 
  • Powder Pack Chem 
  • Dubi Chem Marine International 
  • American Plant Food Corporation 
  • Greenway Biotech Inc. 

Ammonium Sulphate Market Recent Developments

  • In May 2022, by incorporating an extra manufacturing line into the current production facilities, BASF has increased the antioxidant Irganox® 1010's production capacity at its Jurong Island, Singapore, facility. They respond to the rising demand by growing their manufacturing capacity, which also enables them to meet the expansion ambitions of their clients. They emphasize their position as one of the top providers of phenolic antioxidants with the investment in Singapore.
  • In April 2022, with the launch of BASF's Exponus® pesticide today, farmers in India will be able to safeguard their crops and increase output. The ground-breaking remedy is driven by a unique formulation of Broflanilide®, a novel active component from BASF. As part of an integrated pest management program, Exponus® provides farmers with a strong, rapid, and adaptable solution for managing a range of insect pests and overcoming resistance to currently used chemicals.

Ammonium Sulphate Key Market Trends

  • Industry participants mostly focus their operations on the product's cost and intended use. Several companies are trying to get a competitive edge by increasing their market share. Major players participate in a variety of partnerships to advance their brands and sales. As an illustration, in April 2019, the four major producers—BASF, Domo Chemicals, Ammonium Sulphate Producers Europe were founded by Lanxess and Fibrant (ASPE) using the directives of the European Chemical Industry Council (Cefic) to advance the advantages of their products.

Ammonium Sulphate Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Ammonium Sulphate Market Analysis, in terms of product, the solid segment held the largest market share due to an increase in demand for the solid category is to blame for this. Commonly known as an organic sulphate salt, ammonium sulphate is a white, odorless substance. In terms of application, the fertilizers segment held the largest share in the global ammonium sulphate market in 2021. The primary reason fueling the segment's expansion is an increase in demand for agricultural production owing to the rising population. And by region, Asia Pacific held the largest share in the global ammonium sulphate market due to the growing population in China, India, Bangladesh, Indonesia, Pakistan, and Japan is predicted to increase the need for agricultural production and food crops, which will increase the demand for fertilizers and agrochemicals and sustain regional growth.

Report Metric Details
Market size value in 2023 USD 3.96 Billion
Market size value in 2032 USD 5.41 Billion
Growth Rate 3.4%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Solid, Liquid
  • Application
    • Fertilizers, Pharmaceuticals, Food & Feed Additives, Water Treatments, Textile Dyeing, Other Applications
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • BASF SE 
  • Evonik Industries AG 
  • Lanxess 
  • Advansix 
  • Sumitomo Chemical Co., Ltd. 
  • OCI 
  • Fibrant 
  • Nutrien 
  • Martin Midstream Partners L.P. 
  • Fertiberia 
  • Gujarat State Fertilizers and Chemicals Limited 
  • Ostchem 
  • Sinopec Corp. 
  • Jost Chemical Co. 
  • Kanto Chemical Co., Inc. 
  • Kishida Chemical Co., Ltd. 
  • Powder Pack Chem 
  • Dubi Chem Marine International 
  • American Plant Food Corporation 
  • Greenway Biotech Inc. 
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Ammonium Sulphate Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Ammonium Sulphate Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Ammonium Sulphate Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Ammonium Sulphate Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Ammonium Sulphate Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Ammonium Sulphate Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW

REQUEST FOR SAMPLE

Want to customize this report?
REQUEST FREE CUSTOMIZATION

FAQs

The fertilizer segment holds the largest share in terms of application in the ammonium sulfate market.

The ammonium sulfate market will grow at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030.

Ammonium Sulphate Market size was valued at USD 3.96 Billion in 2023 and is poised to grow from USD 4.09 Billion in 2024 to USD 5.41 Billion by 2032, growing at a CAGR of 3.4% during the forecast period (2025-2032).

Global ammonium sulphate market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. For example, Evonik and Interoceanic Corporation have a contract in place for Evonik to provide blueSulphate, a liquid ammonium sulphate (8-0-0-9) solution, from its location in Mobile, Alabama (IOC). This arrangement supports Evonik's plan to use IOC to market high-value byproducts of its methionine production network for use as agricultural fertiliser while concentrating on its main business in animal nutrition. With a terminal network and multi-modal transportation fleet in North America, Interoceanic is a marketer of fertiliser and industrial chemicals that connects producers and end customers. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions. 'BASF SE ', 'Evonik Industries AG ', 'Lanxess ', 'Advansix ', 'Sumitomo Chemical Co., Ltd. ', 'OCI ', 'Fibrant ', 'Nutrien ', 'Martin Midstream Partners L.P. ', 'Fertiberia ', 'Gujarat State Fertilizers and Chemicals Limited ', 'Ostchem ', 'Sinopec Corp. ', 'Jost Chemical Co. ', 'Kanto Chemical Co., Inc. ', 'Kishida Chemical Co., Ltd. ', 'Powder Pack Chem ', 'Dubi Chem Marine International ', 'American Plant Food Corporation ', 'Greenway Biotech Inc. '

For alkaline soils, ammonium sulphate is a fast-acting acidic fertilizer. The alkaline, nitrogen-deficient soil can restore its fertility thanks to the 20–25 percent nitrogen concentration. The demand for agrochemicals is projected to continue to rise due to the rising global population's increased demand for food crops. The Food & Agriculture Organization (FAO) estimates that there will be 160,492 million tonnes of ammonia available for fertilizer applications worldwide in 2020. One of the important nutrients in the soil, nitrogen promotes the production of chlorophyll as well as plant growth and food metabolism. The demand for ammonium sulphate is anticipated to increase as farmers increasingly use nitrogen-containing fertilizers to increase crop yields.

Industry participants mostly focus their operations on the product's cost and intended use. Several companies are trying to get a competitive edge by increasing their market share. Major players participate in a variety of partnerships to advance their brands and sales. As an illustration, in April 2019, the four major producers—BASF, Domo Chemicals, Ammonium Sulphate Producers Europe were founded by Lanxess and Fibrant (ASPE) using the directives of the European Chemical Industry Council (Cefic) to advance the advantages of their products.

With 34.8 percent of the worldwide market share, the Asia Pacific region led the global ammonium sulphate market and is expected to maintain its lead during the projection period. The growing population in China, India, Bangladesh, Indonesia, Pakistan, and Japan is predicted to increase the need for agricultural production and food crops, which will increase the demand for fertilizers and agrochemicals and sustain regional growth. Furthermore, a high concentration of firms in the area is likely to promote growth. The estimated population of Asia on July 1, 2021, will be 4.68 billion, or 4,679,660,580 people. Asia is by far the most populous continent, with nearly 3.5 times as many people as Africa, which is in second place. Before reaching a high in 2055 with 5.3 billion inhabitants, Asia will gain another 620 million people. Nearly a third of the world's population is found in Asia.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Ammonium Sulphate Market

Report ID: SQMIG15A2356

sales@skyquestt.com
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE