According to ChemAnalyst report, “Global Ammonium Sulphate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032” The Global Ammonium Sulphate market is anticipated to grow at a CAGR of 3.47% during the forecast period and reach 30 million tonnes by 2032 due to major demand from the Agriculture Industry, Pharmaceuticals, and Food & Feed Additives end-use industries.
One of the primary drivers of the Ammonium Sulphate market is its critical role in agriculture. As a nitrogen source, it enhances soil fertility and promotes plant growth, thereby increasing crop yields. The rising global population and the need to ensure food security have compelled farmers to adopt efficient fertilization practices, thereby boosting the demand for Ammonium Sulphate-based fertilizers.
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Beyond agriculture, Ammonium Sulphate finds diverse applications in various industries. It serves as a precursor in the production of chemicals, pharmaceuticals, and textiles. Its role as a flame retardant and in water treatment processes further extends its industrial relevance. Additionally, it is used in the production of animal feed supplements, contributing to improved livestock health.
Ammonium Sulphate's market growth is closely aligned with sustainable practices. Its minimal contribution to soil acidification compared to other nitrogen fertilizers makes it an environmentally friendly choice. It aids in reducing nitrogen leaching, thus mitigating water pollution. As the world places greater emphasis on eco-conscious practices, the adoption of Ammonium Sulphate as a responsible fertilizer option is expected to increase.
The Asia-Pacific region is a key player in the Ammonium Sulphate market due to its dominant agricultural sector. Countries like China and India are major consumers of this fertilizer, driven by their substantial population and extensive agricultural activities. North America and Europe also contribute significantly to the market due to their focus on sustainable agriculture and industrial applications.
Despite the positive trajectory, the Ammonium Sulphate market faces challenges such as volatile raw material prices and regulatory concerns. However, ongoing research and development efforts are focused on creating enhanced formulations that address these issues.
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According to ChemAnalyst report, “Global Ammonium Sulphate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, Major players in the Global Ammonium Sulphate market are Nutrien, BASF SE, OCI Fertilizer Group, AdvanSIx, Royal DSM, Thai Caprolactam Public Co., Ltd, UBE Chemical Europe, S.A.U., Misr Phosphate Company, Honeywell International, Egyptian financial and Industrial SAE, LanXess A.G, DOMO Caproleuna GmbH, and Others.
“Ammonium Sulphate is a useful chemical which is rich in nitrogen and sulphur which is used to manufacture fertilizers which further lower the pH balance of the soil in alkaline soils and make them fertile for cultivation. The rising demand of fertilizers to replenish soil, increase yield of the crops, as a step-towards sustainable farming is mainly driving the ammonium sulphate- based fertilizers. Currently, Asia Pacific is the leading consumer of ammonium sulphate and owing to the rapidly growing population demanding more crops which will most likely create more demand for ammonium sulphate and offer potential opportunities for Ammonium Sulphate market players to expand their production capacities in the forecast period” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
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