Press release
Global Ammonium Sulfate Market to grow at a CAGR of 2.35% during the period 2017-2021
About Ammonium Sulfate
Ammonium sulfate is an inorganic salt that is widely used in fertilizers, providing nitrogen and sulfur for the healthy growth of crops. Ammonium sulfate consists of 21% nitrogen and 24% sulfur. The advantage of using ammonium sulfate is that it releases nitrogen slowly, which is beneficial for crop growth.
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The chemical method that is popularly used for the preparation of ammonium sulfate involves the reaction of ammonia with sulfuric acid in a reactor. Another method of preparing ammonium sulfate involves the reaction of gypsum with ammonium carbonate, resulting in ammonium sulfate and calcium carbonate as the by-product. Ammonium sulfate is also formed as a by-product during the preparation of caprolactam.
Technavios analysts forecast the global ammonium sulfate market to grow at a CAGR of 2.35% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global ammonium sulfate market for 2017-2021. To calculate the market size, the report considers the retail selling price is considered as the average selling price of the product.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Ammonium Sulfate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Akzo Nobel
BASF
Domo Chemicals
Honeywell International
OCI
Other prominent vendors
China Haohua Chemical Group
China Tianchen Engineering Corporation (TCC)
GSFC
Juhua Group Corporation
KuibyshevAzot
LANXESS
OSTCHEM
Qingzhou Huashun Production Goods
WengFu Group
Market driver
Rise in fertilizer use
For a full, detailed list, view our report
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Market challenge
Environmental issues
For a full, detailed list, view our report
Market trend
Development of biofertilizers
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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