Industrial Ammonium Sulfate Market Estimated To Experience A Hike In Growth By 2025| Merck , Viachem, Chemos GmbH
The rising consumption of nitrogen-based fertilizers to grow crop yield on account of the increasing demand for food is likely to lash the product demand. The main factors driving the global market is the consumption of the product as a soil fertilizer as the chemical includes nitrogen and sulfur. It is mostly used for dipping the acidity in alkaline soils as they have a high pH level. Ammonium sulfate contains nitrogenous elements along with sulfur which is used for protein synthesis in plants. The product is also mostly chosen for flooded soils used in rice cultivation as nitrate-based fertilizers are a poor choice as they could lead to denitrification and leaching.
The Industrial Ammonium Sulfate market is projected to achieve significant growth by the end of the forecast period as per the research study conducted by research analysts. The report explains that this business is predicted to record a remarkable growth rate over the forecast period. This report provides important information regarding the total valuation that this industry holds presently and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.
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Market Key Players
CG Chemikalien GmbH
ICC Chemical Corporation
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Product Type Segmentation
On the basis of Regional analysis, North America and Europe holds major share in global Specialty Hospitals market. Moreover, Asia-Pacific is expected to record higher growth rate in Industrial Ammonium Sulfate Market during the forecast year.
Most Recent Industry News:
Merck : Merck Brings New Renewable Energy to the Grid through Virtual Power Purchase Agreement with Enel Green Power
March 16, 2021 – As part of its ongoing commitment to renewable energy, Merck, a leading science and technology company, has signed a 12-year, off-site, virtual power purchase agreement (VPPA) with Enel Green Power for the construction of a future wind and storage project in Texas, United States.
“Now more than ever, it is critical for companies to evaluate their operations and take action toward becoming more environmentally sustainable,” said Chris Ross, interim sector head, Life Science, and U.S. country speaker at Merck. “This project supports our commitment to be climate neutral by 2040, complementing our energy and emissions reduction initiatives. Our involvement in the Azure Sky wind and storage project firmly moves us closer toward achieving this ambitious goal, outlined in our sustainability strategy.”
Taking on 68 MW of the Azure Sky wind and storage project’s 350 MW of capacity paired with a 137 MW battery, Merck is an anchor buyer within the Net Zero Consortium for Buyers. This aggregation of corporations was organized by the Sustainability Roundtable, Inc., which brings companies together to approach the renewable energy market with an aggregated renewable energy need, thus providing access to VPPA's which were previously only accessible to companies with outsized energy needs.
The agreement – which is among the largest aggregation deals in the world – will deliver Renewable Energy Certificates to match 65% of Merck’s U.S. electricity consumption or 100% of the Life Science business' U.S. electricity consumption.
Key Points Covered :
1: Market Overview, Scope, Market risks and Segment by Type, End-Use & Major Regions Market Size
2 : Analyses most eminent Players of the Industrial Ammonium Sulfate Market by sales, revenue etc for the Forecast period 2021 to 2025
3 : Analyze on the competition landscape based on sales, revenue, market share etc for the period 2021 to 2025.
4 : Defines the global market by regions and their market share, sales, revenue etc for the period to 2025.
5: Analyze the Industrial Ammonium Sulfate regions with Industrial Ammonium Sulfate countries based on market share, revenue, sales etc.
6: Contain the knowledge concerning market basis types and application, sales market share, rate of growth etc for forecast period 2021 to 2025.
7: Focuses on the market forecast for 2021 to 2025 for the Industrial Ammonium Sulfate Market by regions, type and application, sales and revenue.
8: Contain the transient details associate to sales channels, suppliers, traders, dealers, research findings and conclusion etc for the Industrial Ammonium Sulfate Market.
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Major Points in Table of Contents:
Global Industrial Ammonium Sulfate Market Report 2021
1 Industrial Ammonium Sulfate Product Definition
2 Global Industrial Ammonium Sulfate Market Manufacturer Share and Market Overview
3 Manufacturer Industrial Ammonium Sulfate Business Introduction
4 Global Industrial Ammonium Sulfate Market Segmentation (Region Level)
5 Global Industrial Ammonium Sulfate Market Segmentation (Product Type Level)
6 Global Industrial Ammonium Sulfate Market Segmentation (Industry Level)
7 Global Industrial Ammonium Sulfate Market Segmentation (Channel Level)
8 Industrial Ammonium Sulfate Market Forecast 2021-2025
9 Industrial Ammonium Sulfate Segmentation Product Type
10 Industrial Ammonium Sulfate Segmentation Industry………………. Request free sample to get a complete Table of Content
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