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Global Ammonium Thiosulfate Is Forecast To Reach A Valuation Of US$ 802 Million By 2032

10-25-2023 11:27 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Global Ammonium Thiosulfate Is Forecast To Reach A Valuation

Worldwide consumption of ammonium thiosulfate is estimated at US$ 373 Mn in 2022. Further, the global ammonium thiosulfate is forecast to reach a valuation of US$ 802 Mn by 2032, expanding at a CAGR of 7.9% during 2022-2032.According to latest analysis by Fact.MR, ammonium thiosulfate fertilizer market value is forecast to reach US$ 802 Mn by 2032-end, and is projected to account for nearly 2% of global fertilizer sales value. Meanwhile, ammonium thiosulfate consumption is projected to increase at a CAGR of around 7.9% over the decade.

The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Ammonium Thiosulfate Market both at worldwide and provincial levels.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:-
https://www.factmr.com/connectus/sample?flag=S&rep_id=2421?PJ

๐—ž๐—ฒ๐˜† ๐—™๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต

๐—”๐—ด๐—ฟ๐—ถ๐—ฐ๐˜‚๐—น๐˜๐˜‚๐—ฟ๐—ฎ๐—น ๐—™๐—ฒ๐—ฟ๐˜๐—ถ๐—น๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป: The primary driver for the ammonium thiosulfate market is its use as a nitrogen and sulfur fertilizer. It is particularly valuable in regions with alkaline soils or where there is a need for both sulfur and nitrogen supplementation. Agricultural productivity is closely tied to the availability of essential nutrients, and ammonium thiosulfate addresses this need efficiently.

๐—ฃ๐—ฟ๐—ฒ๐—ฐ๐—ถ๐˜€๐—ถ๐—ผ๐—ป ๐—”๐—ด๐—ฟ๐—ถ๐—ฐ๐˜‚๐—น๐˜๐˜‚๐—ฟ๐—ฒ: The adoption of precision agriculture practices, such as variable-rate application of fertilizers, has increased the demand for ammonium thiosulfate. This precise application approach optimizes fertilizer use and minimizes environmental impact.

๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐—ถ๐—ฎ๐—น ๐—”๐—ฝ๐—ฝ๐—น๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€: Beyond agriculture, ammonium thiosulfate has a range of industrial applications. It is used in photographic development processes, water treatment to remove chlorine and heavy metals, as a reducing agent in chemical processes, and as a fixer in gold extraction from ores.

๐—˜๐—ป๐˜ƒ๐—ถ๐—ฟ๐—ผ๐—ป๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—น ๐—–๐—ผ๐—ป๐—ฐ๐—ฒ๐—ฟ๐—ป๐˜€: As environmental concerns and regulations related to soil health and water quality continue to grow, the use of ammonium thiosulfate as a sulfur fertilizer has gained traction. It offers a sustainable alternative to traditional sulfur sources.

๐—˜๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐˜ ๐—ก๐˜‚๐˜๐—ฟ๐—ถ๐—ฒ๐—ป๐˜ ๐——๐—ฒ๐—น๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜†: Ammonium thiosulfate has gained favor for its ability to deliver both sulfur and nitrogen to plants in a highly soluble and available form, promoting better nutrient absorption and plant growth.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€: -

Tessenderlo Kerley, Inc.
Koch Nitrogen International Sarl
Kugler Co.
Martin Midstream Partners
TIB Chemicals AG
Esseco Srl
PCI Nitrogen
Shakti Chemicals

๐—›๐—ถ๐—ด๐—ต ๐—–๐—ผ๐—ฟ๐—ป ๐—–๐˜‚๐—น๐˜๐—ถ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐——๐—ฟ๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ ๐—ณ๐—ผ๐—ฟ ๐—”๐—บ๐—บ๐—ผ๐—ป๐—ถ๐˜‚๐—บ ๐—ง๐—ต๐—ถ๐—ผ๐˜€๐˜‚๐—น๐—ณ๐—ฎ๐˜๐—ฒ

Over the past decade, corn production and consumption has grown considerably. This is mainly attributed to corn being rich in antioxidant contents and vitamin C. Owing to this, there is high demand for corn in the U.S., which has emerged as the leading producer and consumer of corn, globally.

For instance, according to USDA, in 2021, U.S. corn producers were able to grow around 15.1 billion of bushels, which was up 7% from 2020. Since sulphur has been identified as an important source of nutrient for corn production, record production of bushels since the past half-decade has provided a positive outlook for ammonium thiosulfate manufacturers.

The U.S. ammonium thiosulfate solution market is poised to provide a high absolute dollar opportunity worth US$ 169 Mn over the period of 2022-2032.

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐—ผ๐—ป ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ

In October 2020, TIB Chemicals built new storage tanks for ATS (ammonium thiosulfate). Since TIB chemicals has been focusing on the efficient supply and distribution of ATS, the construction of storage tanks will enhance the company's supply chain capabilities.

In May 2021, Koch Fertilizers announced building of ATS storage capacity of total 2 million gallons. This step has been undertaken to meet growing demand for ATS. Storage capacity built by Koch Fertilizer comes equipped with features such as internal coating and insulation. This will ensure adequate supply of ammonium thiosulfate, especially in the U.S. where production of corn has picked up record pace.

Fact.MR has provided detailed information about the price points of top ammonium thiosulfate manufacturers positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion, in the recently published report.

๐—ž๐—ฒ๐˜† ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—ผ๐—ณ ๐—”๐—บ๐—บ๐—ผ๐—ป๐—ถ๐˜‚๐—บ ๐—ง๐—ต๐—ถ๐—ผ๐˜€๐˜‚๐—น๐—ณ๐—ฎ๐˜๐—ฒ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ฆ๐˜‚๐—ฟ๐˜ƒ๐—ฒ๐˜†

๐—•๐˜† ๐—š๐—ฟ๐—ฎ๐—ฑ๐—ฒ:
Photographic Ammonium Thiosulfate
Industrial Ammonium Thiosulfate

๐—•๐˜† ๐—˜๐—ป๐—ฑ ๐—จ๐˜€๐—ฒ:
Agriculture
Herbicide Safeners
Liquid Fertilizers for Arable Crops
Corn
Soyabean
Alfalfa
Maize
Grain
Leachants (for Mining)
Gold
Silver
Photographic Fixing Salt
Others

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ๐˜€

North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU - (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ก๐—ฒ๐˜„๐˜€

As of my last update, here are some significant developments in the ammonium thiosulfate market:

Sustainable Fertilization: The agricultural industry is increasingly focusing on sustainable and environmentally friendly farming practices. Ammonium thiosulfate, as a source of sulfur and nitrogen, has gained prominence in sustainable agriculture due to its efficient nutrient delivery and reduced environmental impact.

Customized Fertilization: Some manufacturers are offering customized ammonium thiosulfate formulations to meet specific crop and soil requirements. These tailor-made solutions optimize nutrient delivery and crop performance.

Increased Water Treatment Use: The use of ammonium thiosulfate in water treatment processes, particularly for dechlorination and heavy metal removal, has grown in response to concerns about water quality and the need for effective treatment solutions.

Chemical Processing Applications: The industrial sector continues to rely on ammonium thiosulfate as a reducing agent in various chemical processes, including mining and ore processing, ensuring the efficient extraction of valuable minerals.

Technological Advancements: The market has seen technological advancements aimed at improving the production processes of ammonium thiosulfate. This results in higher purity products that meet stringent quality standards.

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=2421?PJ

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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

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