Ammonium Sulfate Market worth $6.19 billion by 2029 - Exclusive Report by MarketsandMarkets™

253 – Tables
57 – Figures
242 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3742145

The Ammonium sulfate market is driven by the demand from the fertilizer's application, and manufacturing of pharmaceutical drugs. But it faces restraints like competition from its substitutes, and its negative environmental impact. On a positive note, there are opportunities for this market through optimizing the production processes. It faces supply chain issues and price changes in raw materials.

By Type, Solid type of ammonium sulfate to have largest share.

The solid type of ammonium sulfate is predicted to have the largest share in the forecast period due to its convenience of use. The product comes in a crystalised form, or in granules, and it can also be easily dissolved in water, making it ideal for use in its solid state. Many end users like farmers, prefer using ammonium sulfate in this manner, as it is easy to use. Solid type of ammonium sulfate is also easy to store. It is also used in herbicides, where the crystals are mixed into the solution.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=3742145

Fertilizers segment to account for fastest growth in the Ammonium sulfate market.

The application of ammonium sulfate is predicted to have the fastest market because of its major use in agriculture. Fertilizers are majorly used in agriculture for farming purposes. Fertilizers containing ammonium sulfate are of great help in farming, because they provide the crops with essential nutrients of sulfur and nitrogen which is required for proper growth. It also helps in regulating tand maintaining the required acidic level of soil for efficient crop production. And the agricultural sector is also growing because of the increasing demand for food products from the increasing population.

Asia Pacific region is the largest market for Ammonium sulfate.

APAC is estimated to be the largest market of ammonium sulfate and it is due to the rising demand from the agricultural sector in fertilizers. The countries in this region like China, Japan, and India are showing an increase in agricultural activities. And a lot of population is also into farming. The governments in these countries are also implementing strategies to improve this sector. It is also important to note that a lot of agricultural produce from the region is also exported to other regions.

Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=3742145

The report profiles key players such as BASF SE (Germany), Evonik Industries AG (Germany), Lanxess Group (Germany), AdvanSix (US), Sumitomo Chemical Co., Ltd. (Japan), OCI (Netherlands), Domo Chemicals (Belgium), Fibrant (Netherlands), Nutrien (Canada) and Martin Midstream Partners L.P. (US).

Browse Adjacent Market: Advanced Materials Market Research Reports & Consulting

Related Reports:

Rare Earth Metals Leaching Chemicals Market - Global Forecast to 2027

Rare Earth Metals Market - Global Forecast to 2029

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. 

Contact: 
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/ammonium-sulfate-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/ammonium-sulfate.asp

View original content:https://www.prnewswire.co.uk/news-releases/ammonium-sulfate-market-worth-6-19-billion-by-2029--exclusive-report-by-marketsandmarkets-302267567.html