Europe Ammonium Sulfate Market Size, Share & Trends Analysis Report By Product (Solid, and Liquid), By Application (Fertilizers, Food & Feed Additives, Pharmaceuticals, Water Treatment, and Others), By Country and Growth Forecast, 2023 - 2030
The Europe Ammonium Sulfate Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,591.28 kilo tonnes, showcasing a growth of 5.6% (2019-2022).
Ammonium sulfate is a key component in various chemical manufacturing processes. It is utilized in synthesizing chemicals, including ammonium persulfate, which finds applications as an oxidizing agent in producing plastics, textiles, and other industrial materials. Its role in chemical manufacturing highlights its significance in diverse industrial sectors. Ammonium sulfate is employed in the pharmaceutical industry for protein purification. It selectively precipitates proteins in biochemical processes based on their solubility at different salt concentrations. This property makes it an essential reagent in the isolation and purification of proteins for pharmaceutical research and production.
In the brewing industry, it is used as a yeast nutrient. It provides a nitrogen source for yeast during fermentation, contributing to the production of beer and other fermented beverages. The compound supports the growth and activity of yeast, ensuring efficient fermentation. Ammonium sulfate is utilized as a flame retardant in certain fire extinguishers. Its properties make it effective in suppressing fires by cooling and inhibiting combustion. This application showcases the compound's versatility in fire safety equipment. Ongoing research explores the possibility of producing it from bio-based sources, aligning with the trend toward sustainable practices. Bio-based it offers an alternative to traditional production methods and contributes to the sustainability goals of the agricultural and industrial sectors.
Spain is a major producer of cereals and grains, including wheat and barley. Oilseed crops like sunflower and rapeseed are cultivated in Spain for oil extraction. One of the top producers of wine in Spain. The vineyard industry can benefit from using it to enhance soil fertility, supporting healthy grapevine growth, and ultimately influencing wine production in Spain. Spain is renowned for its citrus production, including oranges and lemons. Vegetables, including tomatoes, peppers, and cucumbers, are significant components of Spain’s agricultural output. Potatoes are a staple crop in Spain, and it can be employed to support the growth of healthy potato plants. Livestock farming is integral to Spain’s agriculture. Adopting precision agriculture technologies in Spain allows farmers to optimize fertilizer application. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Russia market dominated the Europe Ammonium Sulfate Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $231.1 million by 2030. The France market is exhibiting a CAGR of 5.7% during (2023 - 2030). Additionally, The Germany market would experience a CAGR of 7.2% during (2023 - 2030).
Based on Product, the market is segmented into Solid, and Liquid. Based on Application, the market is segmented into Fertilizers, Food & Feed Additives, Pharmaceuticals, Water Treatment, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- BASF SE
- Evonik Industries AG (RAG-Stiftung)
- LANXESS AG
- SABIC (Saudi Arabian Oil Company)
- Sumitomo Chemical Co. Ltd.
- Honeywell International, Inc.
- Helm AG
- ArcelorMittal S.A.
- Akzo Nobel N.V.
- Domo Chemicals GmbH
Europe Ammonium Sulfate Market Report Segmentation
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Fertilizers
- Food & Feed Additives
- Pharmaceuticals
- Water Treatment
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe