The Business Research Company’s report on the Ammonium Sulfate Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the ammonium sulfate market further?
The increasing demand for agrochemicals is driving the ammonium sulfate market. Agrochemicals are chemicals applied on agricultural land to enhance the soil’s nutrient content and promote crop development by eliminating harmful insects. The agricultural communities across the globe are adopting to agrochemicals to increase the productivity of the crops. Ammonium sulfate is the most commonly used agrochemical for alkaline soils, since the ammonium ions are released when added to moist soil. As a result, a small quantity of acid is produced, reducing the soil’s pH equilibrium. For instance, in 2022, according to the Ministry of Commerce and Industry, an India-based government department, agrochemicals export increased to $4897 million from $3579 million in 2021. Thus, the rise in demand for agrochemicals is expected to boost the demand for ammonium sulfate during the forecast period.
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What are the key factors influencing the forecasted market size of the ammonium sulfate industry?
The ammonium sulfate market size has grown strongly in recent years. It will grow from $3.88 billion in 2024 to $4.19 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to economic growth, agriculture demand, government subsidies, population growth, rise in chemical industry.
The ammonium sulfate market size is expected to see strong growth in the next few years. It will grow to $6.1 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to increasing crop yields, environmental regulations, food security concerns, rising pharmaceuticals sector, rise in disposable income. Major trends in the forecast period include biostimulants and micronutrients, customized fertilizer blends, precision agriculture, partnership and collaboration, sustainable agriculture practices.
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Who are the leading competitors in the ammonium sulfate market?
Major companies operating in the ammonium sulfate market include Lanxess AG, Arkema SA, Sumitomo Chemical Co Ltd., DOMO Chemicals GmbH, Evonik Industries AG, Badische Anilin- & Sodafabrik SE, GAC Chemical Corporation, G. Frederick Smith Chemical Company, Honeywell International Inc., DSM-Firmenich AG, AdvanSix Inc., OCI Co Ltd., Nutrien Ltd., Rentech Inc., KuibyshevAzot PJSC, UBE Industries Ltd., Toray Industries Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corp (Sinopec), Solvay S.A., Grodno Azot OJSC, Public Joint Stock Company, PJSC Togliattyazot, JSC EuroChem Mineral and Chemical Company, PhosAgro, Achema AB, Dorogobuzh Public Joint Stock Company, Jiangsu Huaihe Chemical Co Ltd., HELM AG
Which emerging trends are set to transform the ammonium sulfate market landscape?
Research and development activities are a key trend gaining popularity in the ammonium sulfate market. Organizations are undertaking research and development activities to achieve efficiency in the production process of ammonium sulfate. For instance, Alto University, a Finland-based research university, has developed the NPharvest project in collaboration with different stakeholders. NPHarvest is a method that makes it possible to recover significant levels of nitrogen and phosphorus, which are found in wastewater, in a way that results in a slurry high in phosphorus and calcium and pure ammonium sulfate solution that can be used as fertilizer. Energy and natural resources can be conserved by using the NPHarvest process for manufacturing recycled fertilizer since it decreases the quantity of nutrients discharged into waterways and the amount of energy and chemicals needed for aeration and wastewater treatment.
How do different geographies compare in terms of market share and growth potential in the ammonium sulfate market?
Asia-Pacific was the largest region in the ammonium sulphate market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ammonium sulfate market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Which major segments of the ammonium sulfate market are experiencing the fastest growth?
The ammonium sulfate market covered in this report is segmented –
1) By Product: Solid, Liquid
2) By Application: Fertilizers, Pharmaceuticals, Food and Feed Additives, Water Treatment, Other Applications
Subsegments:
1) By Solid: Granular Ammonium Sulfate, Prilled Ammonium Sulfate, Powdered Ammonium Sulfate
2) By Liquid: Liquid Ammonium Sulfate Solution, Ammonium Sulfate Fertilizer Solutions
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What defines the structure and scope of the ammonium sulfate market?
Ammonium sulfate is a white, odorless solid widely used as a soil fertilizer and for other agricultural uses. It is also used as a food additive, wood preservative, reagent, and others. Ammonium sulfate refers to an inorganic salt obtained by a reaction of sulfuric acid and two equivalents of ammonia.
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