Ammonium Sulfate Market

The global ammonium sulfate market was valued at USD 3,458.0 million in 2017 and is expected to register a CAGR of 3.11%, to reach USD 4,430.0 million by the end of 2026.

The global demand for ammonium sulfate is mainly driven by the increasing use in the manufacturing of nitrogen- and sulfur-rich fertilizers. The protuberant trend driving the demand for ammonium sulfate includes increasing demand for sulfur-rich fertilizers in regions with alkaline soil. In addition, the presence of sulfur in sulfate form in ammonium sulfate fertilizers helps in reaching the plants through the soil in a very short time unlike elemental, which is driving the demand for ammonium sulfate in fertilizer applications. Also, from the supply side, the increasing production of caprolactam across the globe is driving the demand as ammonium sulfate is produced as a by-product during caprolactam production.

However, the availability of nitrogen-rich substitutes such as urea and ammonium nitrate are expected to hamper the growth of the global ammonium sulfate market during the forecast period.

The global ammonium sulfate market has been segmented based on type, application, and region. By type, the global market has been segmented into solid and liquid ammonium sulfate. The solid ammonium sulfate segment accounted for the largest market share and was valued at USD 2,655.8 million in 2017; it is expected to reach USD 3,453.3 million by the end of 2026. This growth is attributed to the increase in demand for solid type in fertilizer applications owing to its properties such as easy handling, transportation, and spreadability.

Based on region, the global market has been segmented into North America, Europe, Asia-Pacific, and rest of the world. The market in Asia-Pacific accounted for a 41.38% share and was valued at USD 1,431.1 million in 2017; it is expected to reach USD 1,986.5 million by the end of 2026. This growth is attributed to the increasing rice cultivation in the region, especially, the South-East Asian countries. Also, the growing population and increasing need for food in the country is expected to drive the demand for ammonium sulfate in the region. North America is trailing behind Asia-Pacific. The soil in the region is highly alkaline, which is driving the demand for ammonium sulfate in the region, especially the US, which is the largest individual consumer of aluminum sulfate.