North America 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 North America Ammonium Sulfate Market would witness market growth of 3.76% CAGR during the forecast period (2019-2025). The North America Acute Hospital Care market is studied across the U.S., Canada, and Mexico. Ammonium sulfate is majorly used as a food additive ingredient in breads and flours. Rise in consumption of baked food and confectionary is favoring to drive the demand. U.S. FDA (Food and Drug Administration) has classified ammonium sulfate under Generally Recognized as Safe (GRAS) and European Union has is also classified under the E category and hence has approved ammonium sulfate to be used as food additives.
The USA market dominated the North America Ammonium Sulfate Market by Region in 2018, and would continue to be a dominant market till 2025 and would grow at a CAGR of 3.3 % during the forecast period. The Canada market is expected to witness a CAGR of 4.1% during (2019 - 2025). 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.
Solid ammonium sulfate held the dominant position in terms of its demand. Expanding usage of solid ammonium sulfate in textile industry and leather industry is going to fuel the market demand. Liquid form is however is utilized as a popular source for chloramination and is witnessing the increase in demand across the region.
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 North America market is segmented into USA, Canada, Mexico and Rest of North America.
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 North America
- 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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