Global Ammonium Sulfate Market Growth 2019-2024

Ammonium sulfate (IUPAC-recommended spelling; also ammonium sulphate in British English), (NH4)2SO4, is an inorganic salt with a number of commercial uses. The most common use is as a soil fertilizer. It contains 21% nitrogen and 24% sulfur.
The global market for ammonium sulfate is highly dependent on a number of factors such as the fertilizer industry and the stringent environmental regulations related to it. However, as a major portion of ammonium sulfate is manufactured involuntarily as a co-product or by-product, its volume of production is influenced more by the general industrial output than by the demand for fertilizers. Moreover, as ammonium sulfate is a by-product of caprolactum, the market is highly affected by developments in the caprolactum market. With the growing production of caprolactum in Asia Pacific, potential for interference in the ammonium sulfate industry is anticipated to be significant over the next few years. The global demand for ammonium sulfate is expected to increase in areas with rising sulfur-deficient soils, especially in areas with tight environmental controls such as North America.

For the China ammonium sulfate market, the capacity utilization is relatively high. In recent years, lots of manufacturers came into the caprolactam industries, leading to a rapid growth in the caprolactam grade ammonium sulfate production. And for now, the Chain has been the biggest ammonium sulfate export country in the world. In the future, searching for the other downstream products application of ammonium sulfate is becoming more and more important for the continuous growth of the market.
Government will roll out relevant support and incentives for ammonium sulfate industry. These policies will better standardize the market and build a healthy ammonium sulfate industry. However, if the national macro economy begins to tighten, the enterprise is reducing investment or domestic inflation is severe, the overall demand for ammonium sulfate will be adversely affected.

According to this study, over the next five years the Ammonium Sulfate market will register a xx% CAGR in terms of revenue, the global market size will reach USD xx million by 2024, from USD xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ammonium Sulfate business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Ammonium Sulfate market by product type, application, key manufacturers and key regions and countries.

This study considers the Ammonium Sulfate value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
The Purity of CP
The Purity of GR
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Fertilizer
Chemical Industry
Food Additive
Other Uses

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BASF
Honeywell
LANXESS
K+S
Yara
DSM Chemicals
Shandong Haili
KuibyshevAzot
Datang Power
Sinopec Baling
Domo Chemicals
Agrium
Sinopec Shijiazhuang Refining & Chemical Branch
Zhejiang Hengyi
JSC Grodno Azot
Braskem
Sanning
Ansteel
GSFC
UBE

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Ammonium Sulfate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ammonium Sulfate market by identifying its various subsegments.
Focuses on the key global Ammonium Sulfate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ammonium Sulfate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ammonium Sulfate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.