50 likes | 64 Views
Ammonium sulfate is a white, odorless, and solid inorganic compound composed of 24% sulfate ions and 21% nitrogen in the form of ammonium ions. It is produced by reacting sulfuric acid with heated ammonia. Ammonium sulfate is mainly used as a fertilizer for alkaline soils because it helps to decrease the pH value of soil.
E N D
Ammonium Sulfate Market Research Report - Global Forecast till 2026 Ammonium Sulfate Market Research Report - Global Forecast till 2026 P a g e | 1 Copyright © 2017 Market Research Future.
Ammonium Sulfate Market Research Report - Global Forecast till 2026 1Summary Ammonium sulfate is a white, odorless, and solid inorganic compound composed of 24% sulfate ions and 21% nitrogen in the form of ammonium ions. It is produced by reacting sulfuric acid with heated ammonia. Ammonium sulfate is mainly used as a fertilizer for alkaline soils because it helps to decrease the pH value of soil. Key Players: The prominent players in the global ammonium sulfate market BASF SE (Germany), Nutrien Ltd (Canada), Royal DSM (The Netherlands), OCI Nitrogen (The Netherlands), Sumitomo Chemical Co., Ltd (Japan), HELM AG (Germany), Honeywell International Inc (US), Evonik Industries AG (Germany), Merck KGaA (Germany), LANXESS (Germany), DOMO Chemicals (Belgium), AdvanSix (US), ArcelorMittal (Luxembourg), Vertellus Holdings LLC (US) and GAC CHEMICAL (US), among others. P a g e | 2 Copyright © 2017 Market Research Future.
Ammonium Sulfate Market Research Report - Global Forecast till 2026 2Market Overview Global Ammonium Sulfate Market is estimated to be valued at USD 4,430.0 million by 2026 and is expected to register a CAGR of 3.11% during the forecast period. The solid segment dominated the global market owing to the increasing use of powdered and granular ammonium sulfate as fertilizers. It helps to increase the yield of crops, which is expected to drive the product demand. It acts as a food additive and nutrient for bacterial cultures in wastewater treatment. Regional Analysis: Geographically, the global ammonium sulfate market has been segmented into North America, Europe, Asia- Pacific, Latin America, and the Middle East & Africa. As per MRFR analysis, Asia-Pacific was the largest market for ammonium sulfate in 2017 and is expected to remain dominant during the review period. North America is growing with the CAGR of 2.14%, with the US being the major contributor. The decline in arable land and an increase in demand for food is the major factor for increasing the consumption of fertilizers and positively influencing the growth of the ammonium sulfate market in the region. P a g e | 3 Copyright © 2017 Market Research Future.
Ammonium Sulfate Market Research Report - Global Forecast till 2026 3Pages Segmentation The global ammonium sulfate market has been segmented on the basis of product type, application, and region. On the basis of product type, the global market has been categorized into solid and liquid. Among these, the solid segment dominated the market in 2017. The growth is attributed by the unique properties of ammonium sulfate, which help to enhance the crops nutritional properties and yield. The most commonly used liquid fertilizers include nitrogen solution, anhydrous ammonia, and ammonium polyphosphate. The growing use of liquid ammonium sulfate as an alternative to aqueous ammonia is expected to boost the global market growth. Intended Audience Ammonium Sulfate Producers Suppliers and traders of Ammonium Sulfate Government, associations, and industrial bodies Investors and trade experts Consulting in chemical experts P a g e | 4 Copyright © 2017 Market Research Future.
Ammonium Sulfate Market Research Report - Global Forecast till 2026 P a g e | 5 Copyright © 2017 Market Research Future.