Global Ammonium Sulfate Market by Product (Liquid, Solid), by Application (Fertilizers, Pharmaceuticals, Food & Feed Additives) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global ammonium sulfurate market was worth USD 3.1 billion in 2019. It is expected to grow at a 4.7% CAGR between 2020 and 2027. Product demand will be driven by the growing use of nitrogen-based fertilizers that increase crop yields due to rising food demand. Because the chemical is both nitrogen- and sulfur-based, the key driver of the global market for the product is soil fertilizer consumption. Because alkaline soils have high pH levels, it is used to reduce acidity. Ammonium sulfurate is a compound that contains both nitrogenous elements and sulfur. It is also used in plant protein synthesis. This product is highly recommended for rice cultivation in flooded soils. Nitrate-based fertilizers can cause denitrification or leaching.

It is an inorganic compound that is primarily produced as a byproduct from industrial processes such as coke oven and caprolactam production. It can also be synthesized using pure ammonia or sulfic acid. Most of the products that are commercially available are made by the caprolactam-oxidation process.

Ammonium sulfate's consumption in the United States is heavily dependent on its use as a nitrogen fertilizer. It was used in excess of 70% of all the volume of 2019 production. The segment's growth is expected to be driven by its increasing use in the pharmaceutical and food additive sectors. Ammonium sulfate has been classified by the U.S. Food and Drug Administration as an acidity regulator for bread and flours. It is used in baking as an additive to control the pH of baked goods. These factors will have a positive effect on the country's demand for ammonium sulfurate as a food ingredient.

Ammonium sulfate is also a major demand driver in the U.S. pharmaceutical industry. It is used extensively as a cleaning agent in vaccine production. A report by Vaccine Fact Book states that more than two-thirds (or more) of all vaccines worldwide originated in the United States. The country's consumers have a high willingness to spend money on vaccines and medication.

Caprolactam and coke-oven processes are the main sources of ammonium sulfate. The manufacture of nylon fibers is made possible by caprolactam. Nylon fibers are used in a variety of industries, including textiles and carpets. Caprolactam production has increased, which in turn has led to an increase in global supply of ammonium sulfurate. The forecast shows that the market will experience a slow increase in consumption, which could lead to an oversupply. This has resulted in a lower price for the product.

Ammonium sulfate can also be harmful to the human body. Workers could be exposed to ammonium sulfurate during production, processing and transport. Inhalation of aqueous aerosols or dust can cause severe respiratory tract infection. Prolonged skin contact might cause dermatitis, permanent eye damage, and lung damage. These factors will likely limit market growth.

Product Insights

The global ammonium sulfurate market can be divided into two types based on product: liquid and solid. Due to its water-soluble qualities, which allow it to be used in fertilizers and other food and beverage applications, the solid segment held the largest market share. This segment is expected to grow due to increased awareness about crop quality and yield, as well as its low cost compared to other substitutes like ammonium chloride and ammonium nuitrate .

The solid grade, or crystalline, is more pure and will be preferred in the pharmaceutical industry. In 2019, the solid grade accounted for 80.2% global market volume. The liquid grade is used primarily in the water treatment and fertilizer industries. The liquid ammonium sulfurate is well-known and widely used as a stable and effective source of ammonia to chlorinate. This market segment is expected to grow at 4.9% in value between 2020 and 2027.

Application Insights

Ammonium sulfate is used in fertilizers, water treatment, and food and feed additives. The growing number of people eating food is driving the market. The rising demand for food crops has led to an increase in global agricultural production, which in turn drives the need for Agrochemicals like fertilizers and pesticides.

In 2019, fertilizer application accounted for 78.6% global ammonium-sulfate consumption. It is high in nitrogen (N), and sulfur (S), which makes it easy to use for the nutritional needs of plants. It is highly recommended for crops like potatoes, citrus fruits and soybeans. Due to the high cultivation of these crops, there is a high demand for ammonium sulfurate in developing countries like Brazil, Indonesia, India and Vietnam.

On the other hand, the pharmaceutical industry is expected to experience the highest CAGR for value during the forecast period. Product demand is expected to rise due to the increasing use of ammonium sulfurate in the preparation of vaccines. Due to increasing awareness about diseases and pre-treatment, the demand for vaccinations will see significant growth.

Regional Insights

Due to its high agricultural production, the Asia Pacific dominated global markets in 2019. The increased dependence on nitrogen-based fertilizers will drive product demand. The increasing population and the increase in food consumption has resulted in an increase in agricultural commodity demand. Local farmers have been able to improve their agricultural productivity by using fertilizers.

The region's demand for ammonium sulfurate will be driven by the growing population and improvements in agriculture techniques in developing countries like India, China, Vietnam, Vietnam, and Indonesia. The highest CAGR for value in Indonesia over the forecast period is expected to be due to its rising rice and coffee production.

Europe has vast areas of agricultural land that are used for a variety of crops. According to the European Environment Agency, 39% of the region's total land was occupied in 2017 by agriculture and grasslands. The EU has placed restrictions on the consumption nitrates. This is expected to have a positive impact on the demand for ammonium sulfurate.

Market Share Insights & Key Companies

Pricing, product quality, manufacturing technology, and regulatory approvals all have an impact on market growth. To maintain long-term market demand and to sustain their competitive edge, major manufacturers are now focusing on long-term contracts with end users. Manufacturers must also be aware of changing regulations across borders, and develop special grades.

Companies like Honeywell International, BASF, SABIC and Domo Chemicals have high levels of integration throughout the value chain, as they also produce caprolactam. These companies are well-known for being key manufacturers. They also focus on research and development of novel ammonium sulfurate uses. Novus International, Sumitomo Chemical and Helm AG are other notable manufacturers.

Ammonium sulfate market report Scope

The Report Covers the Following Segments:

This report predicts revenue growth and volume growth at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2016 through 2027. Grand View Research has divided the global ammonium sulfurate market report by product, region, and application.

• Product Outlook (Volume of Kilotons; Revenues, USD Millions, 2016-2027)

  • Solid

  • Liquid

• Application Outlook (Volume of Kilotons; Revenue USD Millions, 2016-2027)

  • Fertilizers

  • Pharmaceuticals

  • Food & Feed Additives

  • Water Treatment

  • Other

• Regional Outlook (Volume of Kilotons; Revenue USD Millions, 2016-2027)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • U.K.

    • Italy

    • Netherlands

  • Asia Pacific

    • China

    • India

    • Japan

    • Indonesia

    • Vietnam

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • Iran

    • Egypt

These are the most frequently asked questions about this report

b. Global ammonium sulfurate market was valued at USD 3.10 Billion in 2019, and is forecast to grow to USD 3.19 Billion by 2020.

b. Global ammonium sulfurate market will grow at a compound annual rate of 4.7% between 2019 and 2027, to reach USD 4.41 billion by 2027.

b. With a 38.0% share in 2019, the Asia Pacific was the dominant market for ammonium sulfurate. The increased dependence on nitrogen-based fertilizers is expected to drive product demand.

b. Amresco Inc. and BASF SE are key players in the ammonium-sulfate market.

b. The market growth is driven by the rising demand for pharmaceuticals and nitrogenous fertilizers.

b. In 2019, the average global price for ammonium sulfurate was 0.17 USD/kg.

Up Market Research published a new report titled “Ammonium Sulfate Market research report which is segmented by Product (Liquid, Solid), by Application (Fertilizers, Pharmaceuticals, Food & Feed Additives), By Players/Companies GFS Chemicals Inc, Amresco Inc, General Chemical, Honeywell and Royal DSM, Domo Chemicals, BASF SE, Martin Midstream”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Ammonium Sulfate Market Report Segments:

The market is segmented by Product (Liquid, Solid), by Application (Fertilizers, Pharmaceuticals, Food & Feed Additives).

Ammonium Sulfate Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Ammonium Sulfate Market

Overview of the regional outlook of the Ammonium Sulfate Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Ammonium Sulfate Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Ammonium Sulfate Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Liquid

                2. Solid

                1. Fertilizers

                2. Pharmaceuticals

                3. Food & Feed Additives

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Ammonium Sulfate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Ammonium Sulfate Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.