Press release
Rising Water Treatment Application Boost Ammonium Sulfate Industry Growth
Technological advancement in the end-use sectors such as the geographical expansion of companies, process innovations, and rising manufacturing capabilities to offer larger industry space, are projected to proliferate the industry in near future.
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The growing reliance of the global farming community on numerous agricultural inputs, including pesticides and fertilizers has resulted in the growing usage of nitrogenous fertilizers.
The fertilizer category captures the largest industry share, of over 60%. The surging requirement for food grain, due to population explosion, and government initiatives such as fertilizer subsidy schemes propel have fuelled fertilizers consumption in the agriculture sector.
Furthermore, the expansion of the pharmaceutical industry across the globe, more specifically in APAC, Western Europe, and North America, is projected to fuel ammonium sulfate consumption, which will garner support from growing medicinal research conducted by major pharmaceutical companies in the regions.
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Therefore, the rising consumption of ammonium sulfate in agriculture fertilizers propels the industry.
Browse more reports:
Ammonium Chloride Market Report - https://www.psmarketresearch.com/market-analysis/ammonium-chloride-market
Ammonium Phosphate Market Report - https://www.psmarketresearch.com/market-analysis/ammonium-phosphate-market
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