Market Research Report
Latin America, Middle East & Africa Ammonium Sulfate Market (2019-2025)
|Published by||KBV Research||Product code||914130|
|Published||Content info||72 Pages
Delivery time: 1-2 business days
|Latin America, Middle East & Africa Ammonium Sulfate Market (2019-2025)|
|Published: September 30, 2019||Content info: 72 Pages||
The LAMEA Ammonium Sulfate Market would witness market growth of 5.7% CAGR during the forecast period (2019-2025). The LAMEA Acute Hospital Care market is studied across the Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Solid ammonium sulfate held the dominant position in terms of its demand. Expanding usage of solid ammonium sulfate in textile industry and leather industry is going to fuel the market demand. Liquid form is however is utilized as a popular source for chloramination and is witnessing the increase in demand across the geographies.
The ammonium sulfate market is expected to be fuelled by the rising adoption of nitrogen-based fertilizers to enhance the yield from the crop. Utilization of nitrogen fertilizers benefits with the enhanced productivity through the increased level of nutrition to plants in precise proportion.
As a current state of agriculture, the fertilizers play a very important role in influencing the yields. Also, with the rising awareness regarding the most appropriate ingredients of fertilizers the fertilizers are wisely selected. Further, with the growth in demand of packaged food the food additives with ammonium sulfate are experiencing growth in demand.
Key market players in market includes BASF SE, ArcelorMittal, Domo Chemicals, Evonik Industries AG, Royal DSM, Lanxess, Honeywell International, Novus International; Sumitomo Chemical and Helm AG. Companies operating in this market are focusing on investing in research and development for finding innovative applications especially across sectors.
Based on Product, the market is segmented into Solid and Liquid. Based on the Application, the market is segmented into Fertilizers, Industrial, Food Additives and Other Applications. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ArcelorMittal S.A., Sumitomo Corporation, Lanxess AG, Merck Group, Arkema S.A., Akzo Nobel N.V, Koninklijke DSM N.V, Honeywell International Inc., Evonik Industries AG (RAG-Stiftung) and BASF SE.