PUBLISHER: Market Research Future | PRODUCT CODE: 1619016
PUBLISHER: Market Research Future | PRODUCT CODE: 1619016
In 2023, the ammonium sulphate market was valued at USD 5,440.7 million. The Ammonium Sulphate Market is expected to expand to USD 6,998.4 million by 2032, with a compound annual growth rate (CAGR) of 2.83% during the forecast period (2024-2032). Ammonium sulfate is an inorganic salt with the chemical formula (NH4) 2SO4, produced through the interaction of sulfuric acid (H2SO4) with ammonia (NH3). This chemical is important in a variety of industrial and agricultural applications, owing to its high-water solubility and ability to feed plants with critical nutrients. Ammonium sulfate has a high melting point, disintegrating at temperatures above 280°C. In its solid state, it is a white crystalline material. One of its most distinguishing characteristics is its solubility in water; at 0°C, it dissolves at a rate of 70.6 grams per 100 grams of water, increasing to 103.8 grams per 100 grams of water at 100°C. This feature makes it very beneficial in agricultural activities where rapid nutrient availability is critical.
Mineral fertilizers, notably nitrogen (N) and phosphorus (P), play an important role in agricultural output. Fertilizer consumption is common throughout Europe, with arable crops dominating fertilized land. According to Fertilizers Europe, the EU produces only 9% of global nitrogen, 3% of phosphate, and 8% of potash. This increases the reliance on imports to meet agricultural demands. Fertilized areas within the EU vary significantly according to regional agricultural priorities.
Market Segment insights
The Europe Ammonium Sulphate Market has been split into two types: solid and liquid.
The Ammonium Sulphate market is divided into several applications, including fertilizer, industrial, textile, water treatment, food, and others.
Regional insights
The Europe market is divided into the following countries: Germany, France, the United Kingdom, Spain, Italy, Russia, the Netherlands, Portugal, Poland, Ukraine, Romania, Belgium, Sweden, Denmark, Norway, and the rest of Europe. Among them, Belgium is expected to dominate the European Ammonium Sulphate market revenue during the projected timeframe. Belgium's agricultural sector, albeit smaller than those of its neighbors, still relies on fertilizers such as ammonium sulfate to maintain soil fertility and increase crop yields. The country's emphasis on high-value crops such as vegetables, fruits, and decorative plants need nutrient management, and ammonium sulfate contributes necessary nitrogen and sulfur. In addition to agriculture, Belgium's thriving chemical and pharmaceutical industries employ ammonium sulfate in processes such as protein purification and water treatment. The country's superior industrial base and emphasis on innovation boost demand for ammonium sulfate in a variety of specialist applications, such as flame retardants and textiles. Belgium's commitment to sustainability and environmental preservation may have an impact on future fertilizer consumption, but ammonium sulfate's function in agriculture and industry ensures its continuous importance in the Belgian market.
UBE Corporation Europe, BASF SE, Evonik Industries AG, Lanxess, Sumitomo Chemical Co., Ltd., Honeywell International Inc., DOMO Chemicals, Fibrant, Glentham Life Sciences, and Jost Chemical Co. are among the key players in the ammonium sulphate market.