Ammonium Sulphate Market – Global Industry Analysis and Forecast (2018-2026)
Ammonium Sulphate Market was valued US$ 4800 Mn in 2017 and is estimated to reach US$ 7100 Mn by 2026 with a CAGR of around 4.5 % during the forecast 2018-2026.
Reduction in farmable land in combination with the rising population has made pressure on the agricultural sector to improve the total output. Use ammonium sulphate increases root strength, thus increasing drought tolerance of crops. It also aids in the formation of nodules on legumes this factor is driving the ammonium sulphate market. Low cost of ammonium sulphate and increasing demand for ammonium sulphate from food and beverage industries is propelling the demand of a product. Evolution in bio-based fertilizers such as nitrogen complex biofertilizers is some of the elements driving the market growth.
Ammonium sulphate market segments include the solid ammonium sulphate and liquid ammonium sulphate based on product type. The solid ammonium sulphate is widely used in the market as they are easily soluble in water and are available in crushed, powdered and crystalline forms. The liquid segment shows moderate growth throughout the forecast.
Based on application, ammonium sulphate market is segmented into fertilizers, food additives, industrial use, and others. Fertilizer is the dominating segment and will continue its dominance in the market followed by the food industry due to the uncommon properties offered by the product that is to control pH value in alkaline soils. An acid regulator, dough conditioner are some of its uses in the food industry.
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Segmentation of Ammonium sulphate market based on region includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific acquires the major market followed by North America. North America is predicted to have a static growth due to excessive consumption of ammonium sulphate in the end-use industries. Availability of high agriculture zone in China and rise in population in Asia Pacific demands have driven the market in this region.
Key Players Profiled and Analysed in the Report
Amresco Inc., BASF SE, Domo Chemicals, Martin Midstream, General Chemical, GFS Chemicals Inc., Honeywell, Royal DSM, Sigma-Aldrich, Akzo Nobel, Agrium, Agrofermex are some the major producer of ammonium sulphate.
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Scope of the Ammonium Sulphate Market
Ammonium Sulphate Market By Product Type:
• Solid Ammonium sulphate
• Liquid Ammonium sulphate
Ammonium Sulphate Market By Application Type:
• Fertilizers
• Food Additives
• Industrial Use
• Others
Ammonium Sulphate Market By Region Type:
• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America
Key players analysed in the Ammonium Sulphate Market:
• Amresco Inc.
• BASF SE
• Domo Chemicals
• Martin Midstream
• General Chemical
• GFS Chemicals Inc.
• Honeywell
• Royal DSM
• Sigma-Aldrich
• Akzo Nobel
• Agrium
• Agrofermex
• Agrogen S.A. de C.V.
• Ambatovy
• Bagfas
• BHP Billiton
• Braskem
• Capro Corp
• China Petro Chem Dev. Corp.
MAJOR TOC OF THE REPORT
Chapter One: Ammonium Sulphate Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Ammonium Sulphate Market Competition, by Players
Chapter Four: Global Ammonium Sulphate Market Size by Regions
Chapter Five: North America Ammonium Sulphate Revenue by Countries
Chapter Six: Europe Ammonium Sulphate Revenue by Countries
Chapter Seven: Asia-Pacific Ammonium Sulphate Revenue by Countries
Chapter Eight: South America Ammonium Sulphate Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Ammonium Sulphate by Countries
Chapter Ten: Global Ammonium Sulphate Market Segment by Type
Chapter Eleven: Global Ammonium Sulphate Market Segment by Application
Chapter Twelve: Global Ammonium Sulphate Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Ammonium Sulphate Market Report at: https://www.maximizemarketresearch.com/market-report/ammonium-sulphate-market/13658/
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