Industrial Ammonium Sulfate Market Report | 2028

Market Insights

The industrial ammonium sulfate market is estimated to grow from USD 3.38 billion in 2021 to USD 4.72 billion by 2028 at a healthy CAGR of 4.8% during the forecast period.

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What is industrial ammonium sulfate?

Industrial ammonium sulfate can be defined as a chemical that is transparent and soluble in water. It is produced by combining sulfuric acid and anhydrous ammonia in a reactor. It is being widely used in various applications which include culture agents, batteries, and catalysts among others. 

Ammonium sulfate is commonly used in the fertilizer industry as a source of nitrogen and sulfur for plants. It can also be used in other industrial applications, such as in the production of fire retardants, textiles, and pharmaceuticals. Additionally, ammonium sulfate is used as a food additive, particularly in bread-making, as a dough conditioner.

Covid-19 Impact Analysis

The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of industrial ammonium sulfate declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.

Key Players

The following are the key players operating in the market-

• Ube Industries, Ltd. (Japan)
• Chemos GmbH & Co.KG (Germany)
• Viachem Limited (US)
• Merck & Co., Inc. (US)
• CG Chemikalien GmbH & Co. KG (Germany)
• ICC Chemical Corporation (US)
• Kinbester Co., Limited (China)
• Simagchem Corporation (China)
• Fox-Chemicals GmbH (Germany)

Market Dynamics

The global industrial ammonium sulfate market is driven by a host of factors, some of which are noted below:

• Widespread product usage in the agriculture industry in various applications including amino acid production and cultivation of bacteria for fermentation.
• As the demand for rechargeable batteries increases. These batteries are used in a wide range of applications, from portable electronics to electric vehicles. As a result, there is a growing need for high-quality electrodes that can provide reliable and long-lasting performance.
• Increasing product demand with improved properties in the end-use industries. Ammonium sulfate is a chemical compound that is commonly used in the production of fertilizers, textiles, and various industrial applications.

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Segment Analysis

End-Use Industry

The market has been divided into agricultural, food, pharmaceutical, and others. The agricultural application accounted for the largest market share in 2021 & is expected to maintain its dominance in the market during the forecast period. The segment growth can be attributed to increasing agriculture production with rising demand for food products across the geographies. 

With agriculture sector is a major contributor to this growth. Farmers around the world are increasingly using ammonium sulfate as a fertilizer to improve crop yields and quality. Additionally, the use of ammonium sulfate in the production of animal feed has also contributed to the growth of the market.

Regional Trends

Asia-Pacific accounted for the largest share in 2021 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the widespread product use in the agriculture and pharmaceutical industries in the region.

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The market growth in the North American region is expected to grow at a considerable CAGR during the review on account of the established presence of end-use industries, particularly in the US.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report

Target Audience

The target audience of the market includes-

• Industrial Ammonium Sulfate Vendors
• Industrial Ammonium Sulfate Manufacturers
• Industrial Ammonium Sulfate Distributors
• Organizations
• Government Bodies

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.