Ammonium Sulfate Global Market Report 2024

Global Ammonium Sulfate Market Report 2024

Ammonium Sulfate Global Market Report 2024 – By Product (Solid, Liquid), By Application (Fertilizers, Pharmaceuticals, Food and Feed Additives, Water Treatment, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Ammonium Sulfate Global Market Report 2024
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Ammonium Sulfate Global Market Report 2024

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Ammonium Sulfate Global Market Report 2024

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Ammonium Sulfate Market Definition

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.

The main forms of ammonium sulfate are solid and liquid. The solid ammonium sulfate refers to ammonium sulfate, which is solid in the form. The solid ammonium sulfate is commonly in the form of salt or powder, used as a fertilizer in agriculture. The main applications of ammonium sulfate include fertilizers, pharmaceuticals, food and feed additives, water treatment, and other applications.

Ammonium Sulfate Market Segmentation

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

Global Ammonium Sulfate Market Size 2023 to 2028: Graph

Ammonium Sulfate Market Size 2024 And Growth Rate

The ammonium sulfate market size has grown strongly in recent years. It will grow from $3.61 billion in 2023 to $3.91 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to economic growth, agriculture demand, government subsidies, population growth, rise in chemical industry.

Ammonium Sulfate Market Growth Forecast

The ammonium sulfate market size is expected to see strong growth in the next few years. It will grow to $5.48 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. 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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Ammonium Sulfate Market Driver: Rising Demand For Agrochemicals Fuels The Ammonium Sulfate Market

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. Furthermore, it contributes nitrogen, which promotes plant growth. According to the report published by CARE Ratings, a credit rating, research and advisory committee, on agrochemicals industry in 2021, the technical grade agrochemical production increased by 11.9% in FY21. Thus, the rise in demand for agrochemicals is expected to boost the demand for ammonium sulfate during the forecast period.

Ammonium Sulfate Market Driver: Rising Agricultural Product Demand Drives Ammonium Sulfate Market Growth

The rise in demand for agricultural products is expected to propel the growth of the ammonium sulfate market going forward. Agricultural products refer to any agricultural commodity or product, whether raw or processed, that includes any commodity or product that is derived from livestock. Ammonium sulfate is a widely used fertilizer in agriculture, particularly for crops that require a source of both nitrogen and sulfur. For instance, in June 2022, according to the Food and Agriculture Organization of United Nation, an Italy-based specialized agency, increased wheat demand in Africa was anticipated to lift the continent’s wheat purchases to 54.0 million tons in 2022–23, which increased by 2.6 million tons (5%) from 2021 to 22. Furthermore, according to Harvard Business Review, a management magazine published by Harvard Business Publishing, food demand is expected to increase anywhere from 59% to 98% by 2050. Therefore, the rise in demand for agricultural products is driving the growth of the ammonium sulfate market.

Global Ammonium Sulfate Market Major Players

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

Global Ammonium Sulfate Market Trend: Research And Development In Ammonium Sulfate Production

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.

Global Ammonium Sulfate Market Trend: Andersons Plant Nutrient Group Launches Carboncoat Technology For Ammonium Sulfate Fertilizer

Major companies operating in the ammonium sulfate market are developing innovative products, such as, CarbonCoat, a patented manufacturing process for fertilizer granules and expanding their market presence. CarbonCoat Technology is a patented manufacturing process that bonds fertilizer granules with a potassium humate coating, creating clean, spherical, free-flowing granules that deliver nitrogen and humic acid simultaneously. For instance, in March 2023, The Andersons Plant Nutrient Group, a US-based company that is part of The Andersons, Inc., a US-based diversified company that operates in several sectors, including agriculture, launched a new technology called CarbonCoat, which combines ammonium sulfate granules and humic acid to create an ideal fertilizer. The CarbonCoat family of products includes Humic Coated Urea (HCU), Poly-Coated Humic Coated Urea (PCHCU™), and Humic Coated Ammonium Sulfate (HCAS).

Ammonium Sulfate Market Merger And Acquisition: Evonik Corporation Partners With Interoceanic Corporation To Provide Bluesulfate For Efficient Crop Fertilization

In July 2022, Evonik Corporation is a German-based specialty chemicals has partnered with Interoceanic Corporation, a US-based company involved procurement and distribution of bulk chemical fertilizer and industrial chemicals. With this collaboration, Evonik aimed to provide Interoceanic Corporation with blueSulfate, a liquid ammonium sulphate (8-0-0-9) solution (IOC). By distributing high-value byproducts of its methionine manufacturing network for crop fertilization through IOC, this partnership complements Evonik's goal to concentrate on its core business in animal nutrition.

Regional Outlook For The Global Ammonium Sulfate Market

Asia-Pacific was the largest region in the ammonium sulphate market in 2023. 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.

The countries covered in the ammonium sulfate market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The ammonium sulfate market consists of sales of ammonium sulfate that is used as a food additive and as insecticide. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The ammonium sulfate market research report is one of a series of new reports from The Business Research Company that provides Ammonium sulfate market statistics, including ammonium sulfate industry global market size, regional shares, competitors with an ammonium sulfate market share, detailed ammonium sulfate market segments, market trends and opportunities, and any further data you may need to thrive in the ammonium sulfate industry. This ammonium sulfate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Ammonium Sulfate Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$3.91 billion
Revenue Forecast In 2033	$5.48 billion
Growth Rate	CAGR of 8.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product: Solid, Liquid 2) By Application: Fertilizers, Pharmaceuticals, Food and Feed Additives, Water Treatment, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	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
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Ammonium Sulfate Market Characteristics

3. Ammonium Sulfate Market Trends And Strategies

4. Ammonium Sulfate Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Ammonium Sulfate Market Size and Growth

5.1. Global Ammonium Sulfate Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Ammonium Sulfate Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Ammonium Sulfate Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Ammonium Sulfate Market Segmentation

6.1. Global Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Solid

Liquid

6.2. Global Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Fertilizers

Pharmaceuticals

Food and Feed Additives

Water Treatment

Other Applications

7. Ammonium Sulfate Market Regional And Country Analysis

7.1. Global Ammonium Sulfate Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Ammonium Sulfate Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Ammonium Sulfate Market

8.1. Asia-Pacific Ammonium Sulfate Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Ammonium Sulfate Market

9.1. China Ammonium Sulfate Market Overview

9.2. China Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Ammonium Sulfate Market

10.1. India Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Ammonium Sulfate Market

11.1. Japan Ammonium Sulfate Market Overview

11.2. Japan Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Ammonium Sulfate Market

12.1. Australia Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Ammonium Sulfate Market

13.1. Indonesia Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Ammonium Sulfate Market

14.1. South Korea Ammonium Sulfate Market Overview

14.2. South Korea Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Ammonium Sulfate Market

15.1. Western Europe Ammonium Sulfate Market Overview

15.2. Western Europe Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Ammonium Sulfate Market

16.1. UK Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Ammonium Sulfate Market

17.1. Germany Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Ammonium Sulfate Market

18.4. France Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Ammonium Sulfate Market

19.7. Italy Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Ammonium Sulfate Market

20.10. Spain Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Ammonium Sulfate Market

21.1. Eastern Europe Ammonium Sulfate Market Overview

21.2. Eastern Europe Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Ammonium Sulfate Market

22.1. Russia Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Ammonium Sulfate Market

23.1. North America Ammonium Sulfate Market Overview

23.2. North America Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Ammonium Sulfate Market

24.1. USA Ammonium Sulfate Market Overview

24.2. USA Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Ammonium Sulfate Market

25.1. Canada Ammonium Sulfate Market Overview

25.2. Canada Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Ammonium Sulfate Market

26.1. South America Ammonium Sulfate Market Overview

26.2. South America Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Ammonium Sulfate Market

27.1. Brazil Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Ammonium Sulfate Market

28.1. Middle East Ammonium Sulfate Market Overview

28.2. Middle East Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Ammonium Sulfate Market

29.1. Africa Ammonium Sulfate Market Overview

29.2. Africa Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Ammonium Sulfate Market Competitive Landscape And Company Profiles

30.1. Ammonium Sulfate Market Competitive Landscape

30.2. Ammonium Sulfate Market Company Profiles

30.2.1. Lanxess AG

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Arkema SA

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Sumitomo Chemical Co Ltd.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. DOMO Chemicals GmbH

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Evonik Industries AG

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Ammonium Sulfate Market Competitive Benchmarking

32. Global Ammonium Sulfate Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Ammonium Sulfate Market

34. Ammonium Sulfate Market Future Outlook and Potential Analysis

34.1 Ammonium Sulfate Market In 2028 - Countries Offering Most New Opportunities

34.2 Ammonium Sulfate Market In 2028 - Segments Offering Most New Opportunities

34.3 Ammonium Sulfate Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Ammonium Sulfate Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Ammonium Sulfate Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Lanxess AG Financial Performance

Table 52: Arkema SA Financial Performance

Table 53: Sumitomo Chemical Co Ltd. Financial Performance

Table 54: DOMO Chemicals GmbH Financial Performance

Table 55: Evonik Industries AG Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Ammonium Sulfate Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Ammonium Sulfate Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Ammonium Sulfate Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Ammonium Sulfate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Lanxess AG Financial Performance

Figure 52: Arkema SA Financial Performance

Figure 53: Sumitomo Chemical Co Ltd. Financial Performance

Figure 54: DOMO Chemicals GmbH Financial Performance

Figure 55: Evonik Industries AG Financial Performance

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Frequently Asked Questions

What is the definition of the ammoniamarket?

Ammonia refers to a colorless gas composed of hydrogen and nitrogen. It is the simplest stable compound and is used to make a variety of commercially relevant compounds. It is also used as a refrigerant gas, for the purification of water supplies, and in the manufacture of plastics, explosives, textiles, pesticides, dyes, and other chemicals. Ammonia is used as fertilizer in the agricultural industry. For further insights on the ammonia market, request a sample here

How will the ammonia market drivers and restraints affect the ammonia market dynamics? What forces will shape the ammonia industry going forward?

The ammonia market major growth driver - growing fertilizer industry boosts demand for ammonia as essential nutrient for plant growth. For further insights on the ammonia market, request a sample here

What is the forecast market size or the forecast market value of the ammonia market ?

The ammonia market size has grown strongly in recent years. It will grow from $73.44 billion in 2023 to $79.65 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to agricultural demand, expanding population, energy and power generation, chemical manufacturing: . The ammonia market size is expected to see strong growth in the next few years. It will grow to $112.19 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to hydrogen economy development, renewable energy, carbon capture and storage (ccs), clean energy transition. Major trends in the forecast period include green ammonia production, ammonia as hydrogen carrier, ammonia for energy storage, hydrogen fuel cell vehicles, sustainable fertilizer production, green shipping, ammonia for carbon capture, ammonia in pharmaceuticals, ammonia sensors and monitoring . For further insights on the ammonia market, request a sample here

How is the ammonia market segmented?

The ammonia market is segmented
1) By Product Type: Anhydrous Ammonia, Aqueous Ammonia
2) By Form Type: Liquid, Powder
3) By Application Type: Fertilizers, Chemicals, Refrigeration, Pharmaceutical, Fibers and Plastics, Pulp and Papers, Other Application TypesFor further insights on the ammonia market, request a sample here

Which region has the largest share of the ammonia market? What are the other regions covered in the report?

Asia-pacific was the largest region in the ammonia market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the ammonia market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the ammonia market, request a sample here.

Who are the major players in the ammonia market?

Major companies operating in the ammonia market include Yara International ASA, BASF SE, CF Industries Holdings Inc., Nutrien Ltd., OCI Nitrogen, Eurochem Group, Koch Fertilizer LLC, China National Petroleum Corporation, Rashtriya Chemicals and Fertilizers Ltd., Qatar Fertiliser Company, Mitsubishi Gas Chemical Co Inc., Uralchem JSC, Evonik Industries AG, Acron Group, Orica Limited, Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Agrium Europe S.A., Fauji Fertilizer Company Limited, China National Offshore Oil Corporation, National Fertilizers Limited, TFI International Inc., Trammo Inc., Pupuk Kaltim, Sinochem Group, Zimmer Biomet, KBR Inc., Dyno Nobel For further insights on the ammonia market, request a sample here.

What are the key trends in the ammonia market?

Major trend in the ammonia market - technological advancements drive growth in ammonia market with focus on sustainability and energy efficiency. For further insights on the ammonia market, request a sample here.

What are the major opportunities in the ammonia market? What are the strategies for the ammonia market?

For detailed insights on the major opportunities and strategies in the ammonia market, request a sample here.

How does the ammonia market relate to the overall economy and other similar markets?

For detailed insights on ammonia market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the ammonia industry?

For detailed insights on the mergers and acquisitions in the ammonia industry, request a sample here.

What are the key dynamics influencing the ammonia market growth? SWOT analysis of the ammonia market.

For detailed insights on the key dynamics influencing the ammonia market growth and SWOT analysis of the ammonia industry, request a sample here.