Ammonium Sulfate Market is to Touch $4 Billion by 2030; Increasing usage in the electronics industry and Rising demand from the packaging industry propels market growth.

The Ammonium Sulfate Market size is estimated to reach $4 Billion by 2030, growing at a CAGR of 6% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Ammonium Sulfate Market – By Application (Agrochemicals, Pharmaceutical, Water Treatment & Foods Processing, Textile Dyeing, and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Optimization of production processes and Technological advancements in fertilizer production are expected to create growth opportunities in the market during forecast period.

APAC dominated the Ammonium Sulfate Market in 2023. Demand for Ammonium Sulfate in the region is estimated to be driven by the high usage of nitrogen-based fertilizers in the agricultural practices in the region. Asia-Pacific Ammonium Sulfate market is expected to be followed by the North American and European Ammonium Sulfate Market respectively as the second and third largest analgesics market. 

Ammonium Sulfate is used in a wide range of applications such as fertilizers for alkaline soils, purifying protein, flame retardants, food additives, and the preparation of ammonium salts such as ammonium persulfate. It is also amongst the most widely used nitrogen fertilizers used globally to enhance crop yields in various agricultural applications. Apart from this ammonium sulphate is also used in pharmaceutical applications, industrial chemicals and production of cattle feed supplements. Globally demand for the Ammonium Sulfate market is driven by factors such as increasing consumption of Nitrogen-based fertilizers globally to increase crop yields and increasing usage of ammonium sulphate in the food and beverage industry.

Ammonium Sulfate is gaining traction in the agricultural sector due to its dual functionality as a soil fertilizer and a source of Sulfur, which is crucial for plant growth. As soil depletion becomes a more prominent issue, the demand for effective fertilizers like Ammonium Sulfate is rising. It's particularly favored in regions with Sulfur-deficient soils. The trend reflects a broader shift towards more targeted and efficient fertilization techniques to enhance crop yields and soil health. Besides its agricultural use, Ammonium Sulfate is finding increasing applications in various industries. Its use in the pharmaceutical industry for antibiotic and protein purification is notable. The compound is also used in the production of flame retardants, as it reduces the combustion ability of materials. This diversification of applications is driving growth in the Ammonium Sulfate market, reducing its dependency solely on agricultural demand. 

Key companies profiled in the Ammonium Sulfate Market are Akzo Nobel N.V., SABIC, Arkema, BASF, Evonik Industries, Honeywell International Inc., Merck KGaA, Sumitomo Chemical Co., Ltd., Lanxess, Domo Chemicals, and Others.