Global Ammonium Sulphate Market, By Product, By Application, & By region-Forecast Analysis 2022-2028

Global Ammonium Sulphate Market was valued at USD 2.1 billion in 2021, and it is expected to reach a value of USD 2.93 billion by 2028, at a CAGR of more than 4.9% over the forecast period (2022-2028).

The increased demand for ammonium sulfate in the production of nitrogenous fertilizers, which are widely used in the agricultural industry, can be attributed to the market growth. The demand for solid ammonium sulfate dominates the market. However, it is anticipated that the demand for its liquid counterpart will be driven by the demand for water treatment.

Top-down and bottom-up approaches were used to estimate and validate the size of Global Ammonium Sulphate Market used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. 

Segments covered in this report:

Global ammonium sulphate market is segmented based on the product, application, and region. Based on the product, the global ammonium sulphate market is segmented as solid and liquid. Based on application, the global ammonium sulphate market is segmented as fertilizers, pharmaceuticals, food & feed additives, water treatments, and others. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Driver

The development of chlorophyll, food metabolism, and other processes all depend on nitrogen. The decrease in arable land also increases the demand for fertilizers. Ammonium phosphate is also anticipated to fuel market growth as an ingredient in feed and animal feed. It is used to increase the production of enzymes and eliminate a lot of potassium from vinasse, which further enhances food quality.

Restraint

Ammonium sulfate is thought to be harmful to human health. Although it is acutely toxic by nature, prolonged exposure to humans can be fatal. Additionally, it is a known irritant to the skin and eyes as well as a threat to the aquatic ecosystem. These elements are anticipated to limit market expansion.

Market Trends

The development and use of production methods like vacuum thermal stripping and vacuum absorption process are anticipated to support market expansion. Granules of ammonium sulfate can be produced by the manufacturer using the vacuum thermal stripping procedure. Vacuum thermal stripping with acid absorption is a step in the ammonia recovery process that removes ammonia from digestate that is boiling at a temperature below its boiling point. Additionally, it dissolves in sulfuric acid and crystallizes. Tests have shown that this process can produce crystals of high purity ammonium sulfate. Vacuum stripping's high production efficiency and high output purity are anticipated to accelerate its uptake among manufacturers.