Global Ammonium Sulfate Market Research Report- By Product (Solid, Liquid), By Application (Fertilizers, Food Additives, Industrial, And Others) – Forecast Till 2023
Pune, India - March 20, 2019 /MarketersMedia/ —
Ammonium Sulphate Market Overview:
Ammonium Sulfate is an organic compound composed of 24% sulfate ions and 21% nitrogen in the form of ammonium ions. It is primarily used as a fertilizer for alkaline soils because ammonium ions lower the pH value of soil. Moreover, its ability to be used as a food additive and purification agent are the major trends and factors affecting the market confidently. Therefore, they are used in various applications such as fertilizers, food additives, industrial, and others.
The Market research future delivers a detailed analysis of 5 years forecast between 2018 and 2023 and it is expected that Global ammonium sulphate market will register the CAGR of more than during the forecast period.
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Ammonium Sulfate Market Key Players:
Ammonium Sulfate Market are BASF SE (Germany), Honeywell International Inc. (U.S.), Koninklijke DSM N.V. (the Netherlands), LANXESS (Germany), UBE INDUSTRIES, LTD (Japan), OCI Nitrogen (the Netherlands), KuibyshevAzot (Russia), DOMO CHEMICALS (Belgium), JSC Grodno Azot (Belarus), and GSFC (India) among others.
Ammonium Sulphate Market Segmentation:
The global ammonium sulfate market is segregated into product and application. On the basis of material base, the market is further categorized into synthetic and natural segments. On the basis of the product, the market is segmented into polyethylene, paraffin, carnauba, and polypropylene segments. On the basis of the application, the market is classified into paints & coatings, adhesives & sealants, cosmetics, textiles, and others.
For the purpose of the study of global ammonium sulphate market, the market has segmented into the production process and by applications. The production process in segmented into caprolactam, coke oven gas, gypsum and neutralization & others and the application type is segmented into agriculture uses (fertilizers) and non-agricultural uses (chemicals, wood pulp, textile and pharmaceutical).
Ammonium Sulphate Market Regional Analysis:
Ammonium Sulfate Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing consumption of ammonium sulfate in fertilizers, food additives, industrial, and others. The fertilizers segment holds the major portion and is anticipated to continue its dominance in the market due to increasing demand for sulfate fertilizers in the end-use industries, during the forecast period. Therefore, countries such as China, Indonesia, and India are the major players in this market.
The North America region has witnessed a stagnant growth due to extensive consumption of ammonium sulfate in the end-use industries. The presence of toxic materials in the product has propelled countries such as the U.S., Canada, and Mexico to achieve a moderate growth in the market as they are hazardous to human beings. Moreover, it is predicted that growing sulfate deficient soils in the region are likely to drive the market during the forecast period.
The Middle East & Africa is estimated to observe a significant growth due to increasing consumption of fertilizers in agriculture, textiles, industrial and others. Additionally, the increasing demand for ammonium sulfate in major industries is projected to boost the market in the Latin American region.
Ammonium Sulphate Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Ammonium Sulphate Market
Ammonium Sulphate Table of Content to be Continue……,
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