Ammonium Sulfate Market Estimated To Reach USD 3.79 Billion By 2025Posted by Neha Bora on October 24th, 2019 San Francisco, 24 October 2019: The Report Ammonium Sulfate Market Size, Share & Trends Analysis Report By Product (Liquid, Solid), By Application (Fertilizers, Industrial, Food Additives), By Region (MEA, APAC, North America), And Segment Forecasts, 2019 – 2025 The global ammonium sulfate market size is expected to reach USD 3.79 billion by 2025 expanding at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Rising usage of nitrogen-based fertilizers to increase the crop yield is expected to drive the market growth over the forecast period. Need for nutrients, such as nitrogen and sulfur, is also expected to drive the market in the years to come. Ammonium sulfate is widely used for food additive application. It is used as an inorganic salt in food industry. Ammonium sulfate has a slightly salty taste with no aroma and is commonly used due to its high solubility characteristics. Thus, high demand for food additives is also expected to benefit the market growth. Traditionally ammonium sulfate was produced by neutralization process; however, there are several methods of extracting ammonium sulfate, such as caprolactam, gypsum, coke oven, and others. The Asia Pacific region led the global market in the past and is anticipated to continue its dominance over the forecast period. China is expected to remain a major consumer in the regional market owing to the availability of product at low cost and advancements in agricultural techniques. Furthermore, growing food & beverages industry is boosting the demand for ammonium sulfate as a food additive, thereby driving the overall market. Access Research Report of Ammonium Sulfate Market @ www.grandviewresearch.com/industry-analysis/ammonium-sulfate-market Further key findings from the study suggest:
Grand View Research has segmented the global ammonium sulfate market on the basis of product, application, and region: Ammonium Sulfate Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Ammonium Sulfate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Ammonium Sulfate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
Access Press Release of Ammonium Sulfate Market @ www.grandviewresearch.com/press-release/global-ammonium-sulfate-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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