황산암모늄 시장 규모는 2023년에 39억 6,000만 달러로 평가되며, 예측 기간(2025-2032년)의 CAGR은 3.4%로, 2024년 40억 9,000만 달러에서 2032년에는 54억 1,000만 달러로 성장할 전망입니다.
황산암모늄은 다양한 산업 용도를 가진 무기염으로 주로 토양 비료로서 21%의 질소와 24%의 황을 공급하는 이중 역할로 인식되고 있습니다. 또한 열 안정성과 잔류물 발생을 촉진하여 난연제 배합에 중요한 역할을 합니다. 포장 식품과 간편 식품의 인기 상승에 힘입어 향미증진제에 대한 수요가 급증하면서 2019년 매출이 전년 대비 14.8% 증가한 1,250억 달러에 달할 것이라는 주목할 만한 수치에서 알 수 있듯이 식품 생산이 크게 증가했습니다. 이러한 추세는 비료 제조업체들이 농업 생산성을 높이기 위해 토양 미량영양소를 보충하기 위한 환경 친화적인 황산암모늄 옵션에 대한 혁신을 촉진하고 있습니다. 수확 후 토양의 유기물 함량을 증가시킴으로써 이러한 비료는 장기적으로 토양의 비옥도를 유지하고 작물 수확량을 유지하는 데 중요한 역할을 합니다.
Ammonium Sulphate Market size was valued at USD 3.96 Billion in 2023 and is poised to grow from USD 4.09 Billion in 2024 to USD 5.41 Billion by 2032, growing at a CAGR of 3.4% during the forecast period (2025-2032).
Ammonium sulphate, an inorganic salt with diverse industrial applications, is primarily recognized for its dual role as a soil fertilizer, providing 21% nitrogen and 24% sulfur. Additionally, it serves vital functions in flame retardant formulations by enhancing thermal stability and residue production. The surging demand for flavor enhancers, driven by the rising popularity of packaged and convenience foods, has led to a significant uptick in food production, evidenced by a noteworthy 14.8% YoY sales increase amounting to $125 billion in 2019. This trend has prompted fertilizer manufacturers to innovate eco-friendly ammonium sulphate options, aimed at replenishing soil micronutrients to boost agricultural productivity. By enhancing organic soil content post-harvest, these fertilizers play a crucial role in sustaining long-term soil fertility and supporting crop yield.
Top-down and bottom-up approaches were used to estimate and validate the size of the Ammonium Sulphate market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Ammonium Sulphate Market Segmental Analysis
Global Ammonium Sulphate Market is segmented by type, application and region. Based on type, the market is segmented into solid and liquid. Based on application, the market is segmented into fertilizers, pharmaceuticals, food & feed additives, water treatment, textile dyeing and other applications. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Ammonium Sulphate Market
The Ammonium Sulphate market is propelled by its role as a rapid-acting acidic fertilizer, particularly beneficial for alkaline soils lacking nitrogen. With a nitrogen content of 20-25%, it significantly enhances soil fertility, which is increasingly crucial due to the growing global population's food demands. The Food & Agriculture Organization (FAO) reported availability of approximately 160,492 million tonnes of ammonia for fertilizer use in 2020. Nitrogen is vital for chlorophyll production, plant growth, and food metabolism, driving farmers towards nitrogen-rich fertilizers to boost crop yields. Additionally, the industrial sector's expanding reliance on ammonium sulphate for applications like wood preservation, water treatment, and flame retardants further fuels its demand. Its effectiveness as a flame retardant also resembles that of diammonium phosphate, increasing material combustion thresholds and enhancing residue production efficiency.
Restraints in the Ammonium Sulphate Market
The ammonium sulfate market faces several significant restraints, primarily due to health and environmental concerns associated with its use. This chemical is perceived as hazardous, as exposure through inhalation of aerosols and dust during its manufacture and transportation can lead to severe respiratory infections. Prolonged skin contact poses risks of lung damage and dermatitis, while eye contact can result in deep damage. These health risks may hinder market growth as consumers increasingly opt for organic and natural fertilizers over synthetic options. Additionally, ammonium sulfate's potential for soil pollution and leaching into groundwater compounds these issues. Its low nitrogen content can alter soil pH, making it more acidic and potentially reducing crop yield quality. To overcome these challenges, market participants must innovate and promote environmentally safe fertilizers while educating users on optimal application methods to ensure sustainability and improve market prospects.
Market Trends of the Ammonium Sulphate Market
The ammonium sulfate market is currently witnessing a significant trend characterized by heightened competition among key industry players focused on reducing costs and optimizing product applications. Major companies, such as BASF, Domo Chemicals, and Lanxess, engage in strategic partnerships to enhance market presence and expand their share. Initiatives like the establishment of the Ammonium Sulphate Producers Europe (ASPE) demonstrate a collaborative approach to promoting the benefits of ammonium sulfate. This trend indicates a shift towards innovation and efficiency within the sector, as stakeholders aim to leverage partnerships and improve product offerings to meet the growing demand in agriculture and industrial applications.