Far East and Baltic Countries Ammonium Sulfate Market

Far East and Baltic Countries Ammonium Sulfate Market, By Production Process (Caprolactam By-Product, Coke Oven Gas, Gypsum, Neutralization and Others), By Region (China, Russia, Japan, Taiwan, Indonesia, South Korea, and Ukraine & Baltic Countries)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Ammonium sulfate is an inorganic salt that is prepared by treating heated ammonia with sulfuric acid. It has high content of sulfur that makes it ideal for alkaline soil as it gets absorbed by plants easily. Food additives, flame retardants, purifying protein, and ammonium salts production such as ammonium persulfate are some of the other applications of ammoniums sulfate.

Market Dynamics

Rising demand for ammonium sulfate in flooded soil applications is expected to drive the market growth. Ammonium sulfate is most effective in solving problems associated with flooded soil such as waterlogged soil. It is added in soil by dissolving ammonium sulfate in a solution and sprayed on the weed crops, in order to enhance effectiveness. Thus, growing demand for ammonium sulfate in flooded soil application is expected to drive the market growth.

Increasing demand for sulfur nutrients for various crop production is expected to drive the market growth. Sulfur content enhances protein synthesis, enzymes, vitamins, and amino acids. Moreover, it supports the overall growth of the crop such as corn, rice, potatoes, canola, wheat, alfalfa, and vegetables. Ammonium sulfate is considered an excellent source of S (24%) in the sulfate form that makes it easily absorbable by plants.

Increasing production of organic-based fertilizer such as nitrogen fixation bio fertilizers is expected to hinder the market growth during the forecast period.

Key features of the study:

• This report provides in-depth analysis of the Far East and Baltic countries ammonium sulfate market and provides market size (US$ Million & Tons) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
• This study also provides impact analysis of Coronavirus (COVID-19) pandemic on optical coatings market.
• It profiles key players in the Far East and Baltic countries ammonium sulfate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Koninklijke DSM N.V., JSC Kuibyshev Azot, UBE Industries, Ltd., Toray Industries, Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corporation (Sinopec Corp.), JSC Grodno Azot, Grupa Azoty, Domo Chemicals, Gujarat state Fertilizers & Chemicals Ltd.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
• Far East and Baltic countries ammonium sulfate market report caters to various stakeholders in this industry including investors, suppliers, optical coatings manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Far East and Baltic countries ammonium sulfate market

Detailed Segmentation:

• Far East and Baltic Countries Ammonium Sulfate Market, By Production Process :
• Caprolactam By-product
• Coke Oven Gas
• Gypsum
• Neutralization and Others
• Far East and Baltic Countries Ammonium Sulfate Market, By Country:
• China
• Japan
• Taiwan
• Indonesia
• South Korea
• Russia
• Company Profiles
• Koninklijke DSM N.V.
• JSC Kuibyshey Azot
• UBE Industries, Ltd.
• Toray Industries Inc.
• China Petrochemical Development Corporation
• China Petroleum & Chemical Corporation (Sinopec Corp.)
• Grupa Azoty
• JSC Grodno Azot
• Domo Chemicals
• Gujarat State Fertilizers & Chemicals Ltd.