Press release
Global Ammonium Chloride Market Projected to Witness Significant Growth
The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.The report offers actionable and valuable market insights of Agrochemical Ammonium Chloride. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Agrochemical Ammonium Chloride Market across various industries and regions.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ - https://www.factmr.com/connectus/sample?flag=S&rep_id=947
๐๐ผ๐๐-๐ฒ๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐๐ฒ ๐ ๐ฎ๐ป๐๐ณ๐ฎ๐ฐ๐๐๐ฟ๐ถ๐ป๐ด ๐๐ถ๐๐ถ๐ป๐ด ๐ง๐ฎ๐ถ๐น๐๐ถ๐ป๐ฑ ๐๐ผ ๐๐ต๐ถ๐ป๐ฎ ๐๐บ๐บ๐ผ๐ป๐ถ๐๐บ ๐๐ต๐น๐ผ๐ฟ๐ถ๐ฑ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
The global supply of ammonium chloride has been concentrated in selected countries such as China, India, and Germany. Prominent players with established market presence in global ammonium chloride market include Haohua Junhua Group Co Ltd, Hangzhou Jingang Chemical CO., LTD., Dahua Group Dalian Chemical Co., Ltd., Tuticorin Alkali Chemicals & Fertilisers Ltd., BASF SE, and Zaclon LLC.
Manufacturers are trying to reinforce their position in the market by providing cost-effective solutions. Global Ammonium chloride market is dominated by Chinese suppliers, of which the top five companies account for around 17% share of the global supply.
China remains the largest exporter of ammonium chloride, accounting for around 70% of the global exports. With such large export quantities and import dependency, the on-going trade wars and geopolitics can have a huge impact on the global ammonium chloride market.
MEA and Latin America have limited ammonium chloride production for which these regions remain to be the major importers of ammonium chloride.
๐๐บ๐บ๐ผ๐ป๐ถ๐๐บ ๐๐ต๐น๐ผ๐ฟ๐ถ๐ฑ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป
Fact.MR has studied the ammonium chloride market with detailed segmentation on the basis of grade, application and key regions.
Grade
Fertilizer
Pharma
Battery / Industrial
Food
Metal Works
Application
Agrochemical
Medical / Pharmaceutical
Food Additives
Leather & Textiles
Batteries
Middle East & Africa
Others
Region
North America
Latin America
Europe
East Asia
South Asia & Oceania
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ -https://www.factmr.com/connectus/sample?flag=RC&rep_id=947
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
The global supply of ammonium chloride has been concentrated in selected countries such as China, India, and Germany. Prominent players with established market presence in global ammonium chloride market include Haohua Junhua Group Co Ltd, Hangzhou Jingang Chemical CO., LTD., Dahua Group Dalian Chemical Co., Ltd., Tuticorin Alkali Chemicals & Fertilisers Ltd., BASF SE, and Zaclon LLC.
Manufacturers are trying to reinforce their position in the market by providing cost-effective solutions. Global Ammonium chloride market is dominated by Chinese suppliers, of which the top five companies account for around 17% share of the global supply.
China remains the largest exporter of ammonium chloride, accounting for around 70% of the global exports. With such large export quantities and import dependency, the on-going trade wars and geopolitics can have a huge impact on the global ammonium chloride market.
MEA and Latin America have limited ammonium chloride production for which these regions remain to be the major importers of ammonium chloride.
๐๐ฒ๐ ๐๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐บ๐บ๐ผ๐ป๐ถ๐๐บ ๐๐ต๐น๐ผ๐ฟ๐ถ๐ฑ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Ammonium chloride is used as a fertilizer for gaining high yield in paddy crops, which is a dominant grade, and accounts for around 90% market share.
Use of ammonium chloride as a salty flavor additive, a replacement to common salt is trending in Western Europe, and the trend is likely to migrate to other regions in the mid-term forecast.
Owing to technological advancements in Lithium-ion and polymer based batteries, ammonium chloride battery is now outdated. Thus, battery grade ammonium chloride is poised to experience stagnant growth till 2029.
Demand for ammonium chloride from medical/ pharmaceuticals in 2029 is anticipated to increase two fold from that of 2019.
East Asia is expected to maintain its reign in terms of supply and demand, accounting for more than three fourth of global ammonium chloride supply
The ammonium chloride market is fragmented in nature, with prominent manufactures of ammonium chloride coming from China.
Global ammonium chloride market is highly import-oriented, China is the largest exporter of ammonium chloride, the demand for ammonium chloride in Latin America and MEA is predominantly met through imports only.
๐๐๐น๐น ๐๐ฐ๐ฐ๐ฒ๐๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ถ๐ ๐๐๐ฎ๐ถ๐น๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐-https://www.factmr.com/checkout/947
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