Europe Ammonium Sulfate Market By Product (Solid and Liquid) By the Application (Fertilizers, Industrial, Food Additives and Other Applications)
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Market Report Description
The Europe Ammonium Sulfate Market would witness market growth of 4.7% CAGR during the forecast period (2019-2025). The Europe Ammonium Sulfate market is studied across the Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Ammonium sulfate is majorly utilized as fertilizers ingredient because it exhibit slow discharge of nitrogen thereby increasing the efficacy duration and is used especially for alkaline soils. As its property, ammonium sulfate is easily absorbed by plants attributed to high sulfur content and hence is appropriate for soils especially those with low levels of pH. Ammonim sulfate also find its application in pharmaceuticals, food additives and other sectors.
The leading companies operating in Ammonium Sulfate market are focusing on various strategies to strengthen their respective hold on this market. The market players are majorly focusing on the expansion in production capacity to cater the demand across the regions. The companies are investing heavily in increasing the production volume either solely or through partnerships in industry. Further, with the growth in demand of packaged food the food additives with ammonium sulfate are experiencing growth in demand.
Key market players in market includes BASF SE, ArcelorMittal, Domo Chemicals, Evonik Industries AG, Royal DSM, Lanxess, Honeywell International, Novus International; Sumitomo Chemical and Helm AG. Companies operating in this market are focusing on investing in research and development for finding innovative applications especially across sectors.
Based on Product, the market is segmented into Solid and Liquid. Based on the Application, the market is segmented into Fertilizers, Industrial, Food Additives and Other Applications. Based on Regions, the Europe market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ArcelorMittal S.A., Sumitomo Corporation, Lanxess AG, Merck Group, Arkema S.A., Akzo Nobel N.V, Koninklijke DSM N.V, Honeywell International Inc., Evonik Industries AG (RAG-Stiftung) and BASF SE.
Scope of the Ammonium Sulfate Market Analysis
- Food Additives
- Other Applications
- Rest of Europe
- ArcelorMittal S.A.
- Sumitomo Corporation
- Lanxess AG
- Merck Group
- Arkema S.A.
- Akzo Nobel N.V
- Koninklijke DSM N.V
- Honeywell International, Inc.
- Evonik Industries AG (RAG-Stiftung)
- BASF SE
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