Press release
Ammonium Sulfate Market Sales Revenue To Substantially Surge In Next Ten Years : Fact.MR
A recent study by Fact.MR on the ammonium sulfate market offers a 10-year forecast for 2022 to 2032. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering automotive fuel tank.The study also provides the dynamics responsible for influencing the future status of the ammonium sulfate market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies operating in the ammonium sulfate market, along with their product portfolios, key strategies and SWOT analysis, enhances the reliability of this comprehensive research study.
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Global Ammonium Sulfate Market: In-Depth Assessment on Key Segments
The global ammonium sulfate market is segmented on the basis of form, application and region.
By Form
Solid
Liquid
By Application
Fertilizers
Pharmaceuticals
Food & Feed Additives
Water Treatment
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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Competitive Landscape
The ammonium sulfate market is highly competitive, with major international brands focusing on long-term relationships with end-users. With the expansion of water treatment operations and the expansion of the pharmaceutical sector, competition is expected to increase in the coming years. Companies that produce caprolactam, such as Domo Chemicals, BASF, SABIC, and Honeywell International, have a high degree of integration across the value chain. These companies have established themselves as key manufacturers, and they concentrate on product research and development for new applications. Among the key players in the global ammonium sulfate market new developments are:
In 2019, Arkema has completed its acquisition of Arrmaz, a producer of specialty surfactants for crop nutrition, infrastructure, and the mining industry. This acquisition is another step forward in Arkema's journey toward specialty chemicals, and it is expected to strengthen the company's product profile.
In April 2019, the four leading producers, namely BASF, Domo Chemicals, Lanxess, and Fibrant, joined forces to form Ammonium Sulfate Producers Europe (ASPE) under the guidance of the European Chemical Industry Council (Cefic) to promote the benefits of their products.
Domo Chemicals completed the acquisition of Solvay's Performance Polyamides Business in January 2020 in order to expand its industry expertise and product portfolio.
Ube Industries, Ltd. announced in April 2020 that it intends to merge by incorporating its wholly-owned subsidiary.
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Report Summary
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of automotive fuel tanks across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of ammonium sulfate during the forecast period. Price point comparison by region with global average price is also considered in the study.
Source - https://www.factmr.com/report/4544/ammonium-sulfate-market
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