Reports


Ammonium Sulfate Market Size, Research, Sector / Industry Report & Analysis, 2019-2025 (Includes Business Impact of COVID-19)

  • TBI246802
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                              Abstract, Snapshot, Market Analysis & Market Definition: Global Ammonium Sulfate Market

The global ammonium sulfate market size was valued at USD 2.71 billion in 2018 and is expected to register a CAGR of 4.9% from 2019 to 2025. Ammonium sulfate is prepared from ammonia and sulfuric acid. The market is anticipated to be driven by the growing usage of nitrogen-based fertilizers to increase the crop yield. Usage of nitrogen fertilizers result in increased productivity by providing the plants with appropriate amount of nutrients.
Ammonium sulfate is widely used in fertilizers as it enables slow release of nitrogen making it last longer. Solid fertilizer is a leading product owing to the rising usage of hammers and crushers in industrial sectors. It is also used in food additives, pharmaceuticals, and several industrial applications. Traditionally, the product was produced by neutralization process.
 
There are several other methods of extracting ammonium sulfate, namely caprolactam, gypsum, coke oven and others.
Ammonium sulfate is used as a food additive in flours and breads. Increasing consumption of confectionary and baked food products is likely to boost the demand further. It is classified as Generally Recognized as Safe (GRAS) ingredient by the U.S. Food and Drug Administration (FDA).
It is also classified under the E category by the European Union. E category items are permitted to be used as food additives within the European Union and Switzerland. Geographically, Asia Pacific led the global market in terms of volume and is likely to expand further on account of rapidly expanding food & beverage and fertilizers sectors in the region.

Market Segmentation, Outlook & Viewpoint: Global Ammonium Sulfate Market


Product Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Liquid

Solid


Application Market Segmentation & Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Fertilizers

Industrial

food additives

Others


Key Players, Recent Developments & Regional Insights: Global Ammonium Sulfate Market


Solid ammonium sulfate was the dominant product segment occupying over 75% of the volume share in 2018. Increasing use of solid ammonium sulfate in leather products and textiles is expected to boost the demand further. Liquid product is widely accepted and is used as an effective and stable source of ammonia for chloramination. Liquid fertilizers are gaining wide acceptance and are anticipated to increase the demand for ammonium sulfate over the forecast period.
Application Insights
The product is highly used as a fertilizer for mainly alkaline soils and as major nutrient for cultivation. Mainly due to its high sulfur content, ammonium sulfate is easily absorbed by plants and is suitable for soils that have a low pH. Recently, the high yield of agriculture industry is directly related to increased usage of fertilizers. Rising demand for food additives with ammonium sulfate as key ingredient, particularly in emerging regions like Asia Pacific and Central & South America, is also contributing to the market growth.
 
Industrial applications include leather, textiles, and flame retardants. The industrial application segment is anticipated to witness significant growth due to high product demand from the key companies. Factors, such as economic growth and widening industrial application scope, are projected to fuel the demand further.In addition, increased usage of solid ammonium sulfate in leather products and textiles will propel the segment development.

Regional Insights
Asia Pacific is expected to be the dominant regional market over the forecast period. China and India are the major revenue-generating economies owing to advancements in agricultural techniques and increasing population in these countries. Singapore, Malaysia, Vietnam, Indonesia, and other South-east Asian economies are also anticipated to grow rapidly over the forecast period due to well-established production facilities and low-cost manufacturing.
North America has observed a remarkable growth due to high consumption of the product in various end-use industries. Developing markets, such as Asia Pacific and Central & South America, offer ample growth opportunities for the end-use industries owing to surge in product demand. Brazil is the prominent consumer followed by China, Mexico, and U.S.
Ammonium Sulfate Market Share Insights
Prominent companies in this industry include BASF SE; Evonik Industries AG; Lanxess; Novus International; Sumitomo Chemical; Honeywell International, Inc.; Royal DSM; Helm AG; ArcelorMittal; Tereos; Agrium; and Domo Chemicals. Companies, such as BASF, Domo chemicals, Honeywell, and SABIC, witness high integration throughout the value chain. Various regulations are imposed on the ingredients used in the production of fertilizers, hence the ingredients manufacturers and suppliers play an important role in the market value chain. These companies focus on research and development to introduce novel applications in biochemistry and for producing ammonium salts.

Key Insights Covered: Global Ammonium Sulfate Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Ammonium Sulfate industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Ammonium Sulfate industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Ammonium Sulfate industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Ammonium Sulfate industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Ammonium Sulfate industry.

Research Methodology: Global Ammonium Sulfate Market
  • 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 a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents
Chapter 1 Methodology and Scope
1.1 Market Segmentation
1.2 Market Definition
1.3 Information Procurement
    1.3.1 Purchased Database
     1.3.2. HCC’s Internal Database
    1.3.3 Secondary Sources
    1.3.4 Third Party Perspective
    1.3.5 Primary Research
1.4 Information Analysis
    1.4.1 Data Analysis Models
1.5 Research scope & assumptions
1.6 List of AbbreviationsChapter 2 Executive Summary
2.1 Market Outlook
2.2 Market SnapshotChapter 3 Ammonium Sulfate Industry Outlook
3.1 Market size and growth prospect mapping
3.2 Ammonium sulfate value chain analysis
    3.2.1 Ve
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