0 items USD 0.00Ammonium Sulfate: Europe and Global 麻豆原创 Outlook
The ammonium sulfate industry involves the production and utilization of ammonium sulfate, which is a common inorganic salt. Here's some information about the industry:
Production: Ammonium sulfate (NH4)2SO4 is primarily produced through two main processes: the reaction of ammonia gas (NH3) with sulfuric acid (H2SO4) or the neutralization of ammonia with sulfuric acid. These processes form solid ammonium sulfate crystals that can be further processed or used directly.
Applications: Ammonium sulfate has various applications in different industries, including:
Fertilizer: It is widely used as a nitrogen fertilizer in agriculture. It provides plants with a readily available source of nitrogen, which is essential for their growth and development.
Food and Beverage Industry: Ammonium sulfate is used as a food additive in some breads and flours. It helps to regulate acidity, improve texture, and increase yeast activity.
Pharmaceutical Industry: It can be utilized to produce certain pharmaceuticals and antibiotics.
Industrial Applications: Ammonium sulfate finds applications in diverse industries such as textiles, water treatment, flame retardants, and as a component in fire extinguishing powders.
Trade Scenario in Europe: Top 5 EU and Non-EU Trade Partners
| Trade Scenario of Ammonium Sulfate in Europe: 2022听 | |||||||||||||
| Non- EU Countries | 听 | EU Countries | |||||||||||
| Country听 | Import value 2022听 | Export value 2022听 | Country听 | Import value 2022听 | Export value 2022听 | ||||||||
| China | 20,04,11,712 鈧� | 2,75,751 鈧� | Netherlands | 31,24,00,624 鈧� | 7,17,83,232 鈧� | ||||||||
| Russia | 6,07,11,373 鈧� | 1,94,877 鈧� | Belgium | 27,74,15,002 鈧� | 19,86,68,500 鈧� | ||||||||
| Egypt | 5,90,33,485 鈧� | 31,736 鈧� | Germany | 7,30,75,895 鈧� | 11,31,48,634 鈧� | ||||||||
| Serbia | 2,48,04,138 鈧� | 3,34,395 鈧� | Poland | 7,10,32,110 鈧� | 1,57,47,569 鈧� | ||||||||
| Belarus | 71,06,348 鈧� | 9,792 鈧� | Spain | 5,99,79,048 鈧� | 2,08,21,425 鈧� | ||||||||
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Global 麻豆原创 Outlook: The demand for ammonium sulfate is influenced by the agricultural sector's need for nitrogen fertilizers. The market outlook depends on factors such as population growth, food production requirements, and government policies related to agriculture. The chemical industry's demand for ammonium sulfate for various applications also affects the market dynamics.
The global Ammonium Sulphate market was valued at US$ 6068 million in 2022 and is anticipated to reach US$ 7389.9 million by 2029, witnessing a CAGR of 3.1% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Ammonium Sulphate 麻豆原创 Research Report
Global core ammonium sulphate manufacturers include BASF, AdvanSix, Fibrant, etc. The top 5 companies hold a share of about 35%. Asia-Pacific is the largest market, with a share of about 45%, followed by Europe and North America, with a share of about 18% and 15%.
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Environmental Considerations: While ammonium sulfate is commonly used as a fertilizer, its production and application can have environmental implications. The excessive use of nitrogen fertilizers can contribute to water pollution through runoff, leading to eutrophication in water bodies. Proper management practices and adherence to environmental regulations are crucial to minimize such impacts.
