Ammonium Sulfate Market to Surpass $4,847.9 Million by 2030, says P&S Intelligence
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Solid Category Dominates Market
The solid form of the chemical dominates the ammonium sulfate market with over 85% share. Solid (NH₄)₂SO₄ crystals are a commonly used fertilizer in alkaline soils all over the world because of their ability to reduce the sulfur deficiency and increase soil the nutrient content.
Similarly, the chemical in its liquid form is increasingly being used in water treatment processes, as it is regarded as a universally acceptable substance for chlorination.
Fertilizers Category Accounts for Significant Share
Fertilizers account for an over 60% share of the ammonium sulfate market. Due to the increasing need for food and the implementation of fertilizer subsidy programs by governments worldwide, the use of fertilizers in agriculture has grown.
Additionally, it is expected that the market advance would be aided by the increasing medical research activities being carried out by pharmaceutical companies in APAC, Western Europe, and North America.
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Geographical Analysis
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