The global ammonium sulfate market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each ammonium sulfate market player in a comprehensive way. Further, the ammonium sulfate market report emphasizes the adoption pattern of the ammonium sulfate across various industries.
Important regions covered in the ammonium sulfate market report include:
- North America (Canada, US)
- Latin America (Argentina, Mexico)
- Europe (NORDIC, UK)
- Japan and MEA
- APEJ (China, India)
Ammonium Sulfate is an ideal fertilizer for agriculture, an efficient cleaning agent for pharmaceutical applications, and a strong conditioner for bakery products. It is this versatility of the compound that will propel global ammonium sulfate market to grow 1.5X between 2019 and 2029. Increasing customer traction from agriculture intensive economies coupled with favorable statutory regulations regarding use of alternative nitrate fertilizers are central drivers of ammonium sulfate adoption. Asian regions will play a vital role as developing countries in these regions witness increasing demand for agricultural products that employ ammonium sulfate as key fertilizers.
Pharmaceutical Applications Pave Way for Lucrative Opportunities
Pharmaceutical procedures employ ammonium sulfate as a cleaning agent during vaccination processes. The increasing expenditure on vaccination by millennial consumers on the back of health risks associated with deadly viruses will propel future growth of ammonium sulfate. A central figure in the scheme of things is the US which accounts for 1/3rd of all vaccinations in the world. Early adopters in this country are also form a part of ammonium sulfate demand from food & feed additives segment as they demand food products with lower pH levels and enhanced shelf-life. Developing economies in Southeast Asia will witness a surge in demand for agricultural products to cater to the rising food consumption trends. This demand for agricultural products will filter down to cause a spike in demand for ammonium sulfate.
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Fact.MR, in its new offering, provides an in-depth analysis of the global ammonium sulfate market, displaying data on historical demand (2014-2018) and forecast data for the period, 2019-2029. The study provides readers with essential insights on the ammonium sulfate market on the basis of form (solid and liquid), application (fertilizers, pharmaceuticals, food & feed additives, water treatment, and others), and across 6 key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa).