Global Ammonium Chloride Market Growth 2023-2029

Global Ammonium Chloride Market Growth 2023-2029

Ammonium chloride, NH4Cl, is an inorganic, mildly acidic, white crystalline salt compound that is highly soluble in water. The mineral is commonly formed on burning coal dumps due to condensation of coal-derived gases. It is also found around some types of volcanic vents. It is used as a flavoring agent in licorice. Ammonium chloride is the product from the reaction of hydrochloric acid and ammonia. Ammonium chloride is obtained as a by-product in different chemical processes, particularly from the Solvay process for production of sodium carbonate from sodium chloride, ammonia, carbon dioxide and water.
LPI (LP Information)' newest research report, the “Ammonium Chloride Industry Forecast” looks at past sales and reviews total world Ammonium Chloride sales in 2022, providing a comprehensive analysis by region and market sector of projected Ammonium Chloride sales for 2023 through 2029. With Ammonium Chloride sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ammonium Chloride industry.
This Insight Report provides a comprehensive analysis of the global Ammonium Chloride landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ammonium Chloride portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ammonium Chloride market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ammonium Chloride and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ammonium Chloride.
The global Ammonium Chloride market size is projected to grow from US$ 1679.7 million in 2022 to US$ 2171.1 million in 2029; it is expected to grow at a CAGR of 2171.1 from 2023 to 2029.
Global Ammonium Chloride key players include BASF, Hubei Yihua, Jinshan Chemical, Dallas Group, CNSG, etc. Global top five manufacturers hold a share about 40%. China is the largest market, with a share about 70%, followed by Europe and United States, total with a share about 20 percent. In terms of product, Agriculture Grade is the largest segment, with a share about 55%. And in terms of application, the largest application is Biology and Agriculture, followed by Buffer Solution, Metalwork, Textile and Leather, Pyrotechnics, Food, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Ammonium Chloride market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Agriculture Grade
Industrial Grade
Food Grade
Segmentation by application
Biology and Agriculture
Buffer Solution
Pyrotechnics
Textile and Leather
Metalwork
Food
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Dallas Group
Central Glass
Tuticorin Alkali
Tinco
Hubei Yihua
Jinshan Chemical
CNSG
HEBANG
Tianjin Bohua YongLi Chemical
Haohua Junhua Group
Jiangsu Debang Chemical
Jiangsu Huachang Chemical
Dahua Group
Shindoo
Shannxi Xinghua
Shijiazhuang Shuanglian Chemical
Liuzhou Chemical
Hangzhou Longshan Chemical
Sichuan Guangyu Chemical
Gansu Jinchang
Shanxi Yangmei Fengxi Fertilizer
YNCC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ammonium Chloride market?
What factors are driving Ammonium Chloride market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ammonium Chloride market opportunities vary by end market size?
How does Ammonium Chloride break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.