Ammonium Sulphate is an inorganic compound with the chemical formula (NH₄)₂SO₄. Ammonium Sulphate is water soluble in nature and extensively used in the agriculture sector. Ammonium sulphate is mainly developed as a byproduct of coke oven and caprolactam processes. Although, this compound can also be produced synthetically by neutralizing dilute sulfuric acid with an ammonia solution. Ammonium Sulphate also has other uses such as for the treatment of drinking water. To make monochloramine for disinfection purposes, Ammonium Sulphate is mixed with chlorine. Ammonium sulphate is also employed as an ingredient in fire extinguisher powder and flame-proofing agents. Because of its high nitrogen content, it is the most frequently used supplement for soil and grasses that lack nitrogen.
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Agriculture Industry is the primary driver of the market and is anticipated to thrust its demand over the forecast period. This compound is mainly used for lowering the acidity of alkaline soils. The compound contains nitrogenous elements, as well as sulfur, which is used for protein synthesis in plants. The main advantages of these fertilizers are their increased solubility in water, their simplicity in mixing with nitrogenous fertilizers, their ability to increase soil acidity, their optimum sulphur and nitrogen content in the applied soil, and their ability to feed alkaline soils. These qualities aid in strong plant growth, and as a result, the product is well-liked by farming communities around the world. With growing crop demand and the reduction of cultivable lands with urbanization, the demand for fertilizers is bound to increase in the forecast period, which will most likely propel the Ammonium Sulphate market expansion in the forthcoming years.
The global Ammonium Sulphate market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the global Ammonium Sulphate market is segmented into Agriculture Industry, Pharmaceuticals, Food & Feed Additives, and Others. The Agriculture Industry is the major market consumer with a share of roughly 72% in 2022. Owing to the growing population and high demand for crops, the agriculture industry is anticipated to foresee an expansion in the forecast period.
Region-wise, Asia Pacific holds the maximum demand share of the Ammonium Sulphate market. This region held a market share of around 41% in the year 2022. Ammonium Sulphate-based fertilizers are prominently used in the agriculture sector and owing to fast-paced population growth in developing countries like India and China, the demand for crops is anticipated to rise, most likely favor the Ammonium Sulphate market expansion. Additionally, the Asia Pacific region dominates the market also in terms of production with China being the key player.
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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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