Global Ammonium Sulfate Market Size & Outlook, 2024-2030
Global ammonium sulfate market, 2018-2030 (US$M)
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Global ammonium sulfate market highlights
- The global ammonium sulfate market generated a revenue of USD 19,763.5 million in 2023 and is expected to reach USD 26,632.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.4% by 2030.
- In terms of segment, solid accounted for a revenue of USD 15,806.9 million in 2023.
- Liquid is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Iran is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 19,763.5 million |
| Market revenue in 2030 | USD 26,632.0 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Solid |
| Fastest growing segment | Liquid |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid, Liquid |
Other key industry trends
- In terms of revenue, the North America accounted for 17.5% of the global ammonium sulfate market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Iran is the fastest growing regional market and is projected to reach USD 37.0 million by 2030.
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Ammonium Sulfate Market Scope
Ammonium Sulfate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Novus Holdings Ltd | View profile | 1516 | 10 Freedom Way, Marconi Beam, Montague Gardens, Cape Town, WC, South Africa, 7441 | https://www.novus.holdings |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
Global ammonium sulfate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ammonium sulfate market will help companies and investors design strategic landscapes.
Solid was the largest segment with a revenue share of 79.98% in 2024. Horizon Databook has segmented the Global ammonium sulfate market based on solid, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Ammonium Sulfate Type Outlook (Revenue, USD Million, 2018-2030)
- Solid
- Liquid
- Global Ammonium Sulfate Application Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceuticals
- Food & Feed Additive
- Others
- Fertilizers
- Water Treatment
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ammonium sulfate market , including forecasts for subscribers. This global databook contains high-level insights into Global ammonium sulfate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global ammonium sulfate market size, by regions, 2018-2030 (US$M)
Top 10 countries: Ammonium sulfate market size, 2024 (US$M)
Global ammonium sulfate market share, by application, 2024 & 2030 (%, US$M)
Ammonium sulfate market: Opportunity assessment by country
Global ammonium sulfate market, by region, 2024 (US$M)
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