Ammonium Sulfate Market showing Footprints for Strong Annual Sales| BASF SE; DOM

Posted by Donald Rooney on October 1st, 2019

Ammonium sulfate is a chemical compound, which is a type of inorganic salt with a wide range of commercial applications as a fertilizer, as a base material and for the production of different materials such as ammonium persulfate and also as fire extinguishing chemical. Global ammonium sulfate market is expected to rise to an estimated value of USD 4.21 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growth of the product as a fertilizer owing to a rise in demand of food grains. Top Manufacturers Covered in the Report: BASF SE; DOMO Chemicals GmbH; Honeywell International Inc.; Evonik Industries AG; LANXESS; Sumitomo Corporation; Koninklijke DSM N.V.; ArcelorMittal; Nutrien Ltd.; GSFC; Arkema; OCI Nitrogen; Merck KGaA; AdvanSix; Vertellus Holdings LLC; Martin Midstream Partners L.P.; GAC Chemical Corporation; GFS Chemicals, Inc. among others.

Segmentation: Global Ammonium Sulfate Market

Global Ammonium Sulfate Market By Product (Solid, Liquid)

Application (Fertilizers, Food Additives, Industrial, Pharmaceutical, Textile, Water Treatment, Others)

Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis: Global Ammonium Sulfate Market

Global ammonium sulfate market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ammonium sulfate market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Market Drivers:

  •          Overall growth of the manufacturing industry which utilizes the product in several production operations is expected to drive the growth of the market
  •          Increasing commercial applications of the product such as in pharmaceutical, food processing, textiles, water treatment is expected to drive the growth of the market
  •          Growing production of caprolactam and the manufacturing of ammonium sulfate as a by-product of caprolactam is expected to propel the growth of the market

Market Restraints:

  •          Availability of substitute products such as urea, ammonium nitrate as fertilizers is expected to restrain the growth of the market
  •          Concerns relating to health of the individuals in close vicinity of the applicable area of ammonium sulfate is expected to restrain the growth of the market

Key Insights in the report:

  •          Complete and distinct analysis of the market drivers and restraints
  •          Key market players involved in this industry
  •          Detailed analysis of the market segmentation
  •          Competitive analysis of the key players involved

Reasons to Purchase this Report

  •                     Current and future of Global Ammonium Sulfate Market outlook in the developed and emerging markets
  •                     The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  •                     Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  •                     The latest developments, market shares, and strategies that are employed by the major market players

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Donald Rooney

About the Author

Donald Rooney
Joined: September 12th, 2019
Articles Posted: 87

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