As per the findings presented in the ChemAnalyst report titled “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 poised for a steady growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 3.47% during the forecast period. By 2032, it is anticipated to reach a volume of 30 million tonnes, primarily driven by robust demand from key sectors such as Agriculture, Pharmaceuticals, and Food & Feed Additives.
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As per the findings presented in the ChemAnalyst report titled “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 poised for a steady growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 3.47% during the forecast period. By 2032, it is anticipated to reach a volume of 30 million tonnes, primarily driven by robust demand from key sectors such as Agriculture, Pharmaceuticals, and Food & Feed Additives.
Ammonium Sulphate, a water-soluble inorganic compound characterized by the chemical formula (NH₄)₂SO₄, finds extensive application in the agricultural sector. It is predominantly a byproduct of coke oven and caprolactam processes; however, it can also be synthetically manufactured by neutralizing dilute sulfuric acid with an ammonia solution. Beyond agriculture, Ammonium Sulphate serves multiple purposes, including its use in the treatment of drinking water. It is mixed with chlorine to create monochloramine for disinfection. Furthermore, Ammonium Sulphate is incorporated into fire extinguisher powder and flame-proofing agents. Its high nitrogen content makes it a favored soil supplement, particularly for nitrogen-deficient soils and grasses.
The Agriculture Industry emerges as the primary driver of the Ammonium Sulphate market and is expected to sustain its demand in the foreseeable future. This compound is instrumental in reducing soil acidity, containing essential nitrogen and sulfur elements crucial for plant protein synthesis. The advantages of Ammonium Sulphate fertilizers include their water solubility, compatibility with other nitrogenous fertilizers, acidifying effect on soil, and optimal sulfur and nitrogen content, making them highly conducive to robust plant growth. With increasing global crop demand and shrinking arable land due to urbanization, the demand for fertilizers is set to rise, thereby fueling the expansion of the Ammonium Sulphate market in the coming years.
The global Ammonium Sulphate market is categorized by end-user industries, sales channels, and regions. In terms of end-use industries, the key segments include Agriculture, Pharmaceuticals, Food & Feed Additives, and Others. The Agriculture Industry stands as the dominant consumer, accounting for approximately 72% of the market share in 2022. With a growing global population and elevated crop requirements, the agriculture sector is expected to witness substantial expansion in the forecast period.
Geographically, the Asia Pacific region commands the highest demand share in the Ammonium Sulphate market, holding around 41% of the market in 2022. This region’s preference for Ammonium Sulphate-based fertilizers stems from the rapid population growth in developing countries like India and China, which fuels the demand for crops and favors market expansion. Additionally, Asia Pacific leads in terms of production, with China serving as a key player in the industry.
The significant players in the Global Ammonium Sulphate market, as highlighted in the report, include 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.
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“Ammonium Sulphate, rich in nitrogen and sulfur, is a valuable chemical used to produce fertilizers that amend soil pH levels, especially in alkaline soils, rendering them fertile for cultivation. The increasing demand for fertilizers to rejuvenate soil, enhance crop yields, and promote sustainable farming practices is a primary driver of ammonium sulfate-based fertilizers. Currently, Asia Pacific leads in ammonium sulfate consumption, driven by a rapidly growing population that demands higher crop yields, creating potential opportunities for Ammonium Sulphate market players to expand their production capacities in the forecast period,” noted Mr. Karan Chechi, Research Director at TechSci Research, a research-based global management consulting firm that promotes ChemAnalyst.
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