CMP Slurry MarketFar East & Baltic Countries Ammonium Sulfate Market

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FAR EAST AND BALTIC COUNTRIES AMMONIUM SULFATE
MARKET ANALYSIS

• Far East Baltic Countries Ammonium Sulfate
  Market, By Production Process (Caprolactam
  By-product, Coke Oven Gas, Gypsum, Neutralization
  and Others), and By Countries (China, Japan,
  Taiwan, Indonesia, South Korea, Russia, Ukraine
  Baltic Countries) - Size, Share, Outlook, and
  Opportunity Analysis, 2020 - 2027

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Ammoniums sulfate is a solid inorganic compound
that is white in color and composed of 24
sulfate ions and 21 nitrogen. It is mainly used
as a fertilizer for alkaline soils as it helps to
reduce the pH value. Ammoniums sulfate is
produced by reacting sulfuric acid with hot
ammonia. Animal feed, food processing,
pharmaceutical, and textile dyeing are some of
the major end-user of the ammonium sulfate. The
Far East and Baltic countries ammonium sulfate
market is estimated to account for US 1,275.9
Mn in terms of value and 8,272.60 thousand kilo
tons in terms of volume by the end
of 2019. Drivers Growing demand for ammoniums
sulfate as a fertilizer for alkaline soil is
primarily fueling the market growth. It
promotes photosynthesis in plants and also work
as a building block. Growing demand for food due
to increasing population in the Far East
and Baltic countries are expected to propel the
market growth of ammonium sulfate. Thus, rising
demand for fertilizer is augmenting the market
growth of ammoniums sulfate. Increasing demand
for sulfur nutrients for various crop production
is expected to foster the market growth of
ammonium sulfate. Sulfur content enhances protein
synthesis, enzymes, vitamins, and amino acids.
Moreover, it supports the overall growth of the
crop such as corn, rice, potatoes, canola, wheat,
alfalfa, and vegetables. Ammonium sulfate is
considered an excellent source of S (24) in
the sulfate form which makes it easily absorbable
by plants.
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Figure 1. Far East and Baltic Countries Ammonium
Sulfate Market Share () in terms of Value, By
Region, in 2019
China dominated the Far East and Baltic Countries
Ammonium Sulfate market in 2019, accounting
for 54.19 share in terms of value, followed by
Indonesia and Ukraine Baltic Nations
respectively.
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Market Restraints Low content of nitrogen in
ammonium sulfate as compared to urea and ammonium
nitrate is expected to restrict the market growth
of the ammonium sulfate. For instance, nitrogen
content in ammonium sulfate is 21, while that in
urea and ammonium nitrate is 46.6 and 35
respectively. Growing production of organic-based
fertilizer such as nitrogen fixation bio
fertilizers is projected to curb the market
growth of the ammonium sulfate in the near future.
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Market Opportunities Growing demand for ammonium
sulfate from the pharmaduring the production of
preparation of vaccines and other medication is
projected to bolster the market growth of
ceutical industry is expected to provide
lucrative opportunities for the market of
ammonium sulfate. They are used the ammonium
sulfate. Thus, the growing demand for ammonium
sulfate from the pharmaceutical industry is
expected to propel the market growth of the
ammonium sulfate. High production of crops due
to the vast area of agricultural land in Europe
is expected to provide enormous market
opportunities to the market of the Far East and
Baltic countries ammonium sulfate. According to
the European Environment Agency (EEA), 39 of the
total land area in the region was occupied by
agriculture and grasslands in 2017. Thus, growing
crop production in the European region is
projected to foster the market growth of the
ammonium sulfate.
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Figure 2. Far East and Baltic Countries Ammonium
Sulfate Market Opportunity Analysis
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• Market Trends/Key Takeaways
• Increasing use of liquid grade ammonium sulfate
  across the water treatment industry is expected
  to be a major trend in the market. It is used as
  a stable and effective source of ammonia for
  chlorination. The market growth is also
  attributed to the growing demand for water
  treatment due to the rising demand for water
  across the population. Moreover, an increasing
  number of water treatment plant in the Far East
  and Baltic countries is also projected to foster
  the market growth.
• The growing production of caprolactam in China
  coupled with the expansion of the chemical
  industry is expected to impact the market growth
  positively. Moreover, the growing production of
  caprolactam in the Baltic countries such as
  Taiwan, Indonesia, South Korea, Ukraine, and
  Russia is also expected to propel the growth of
  the Far East and Baltic countries ammonium
  sulfate market over the forecast timeframe.
• Regulations
• FIFRA Requirements The Federal Insecticide,
  Fungicide, and Rodenticide Act (FIFRA),
  administered and regulated by the United States
  Environmental Protection Agency (EPA) state that
  residues of ammonium sulfate are exempted from
  the requirement of a tolerance when used in
  accordance with good agricultural practice as
  inert (or occasionally active) ingredients in
  pesticide formulations applied to growing crops
  or to raw agricultural commodities after harvest.
• FDA Requirements When used as a general-purpose
  food additive in animal drugs, feeds, and related
  products, ammonium sulfate is generally
  recognized as safe when used in accordance with
  good manufacturing or feeding practice

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• Far East and Baltic Countries Ammonium Sulfate
  Market - Impact of Coronavirus (Covid-19)
  Pandemic
• The sudden emergence of the coronavirus is
  expected to have a significant impact on various
  sectors including the agriculture and fertilizer
  producing industries. The Covid-19 has caused
  shutdown or complete closure of the various
  fertilizer producing industries. Fertilizer
  plants across the globe are facing logistical
  constraints due to of road closures,
  unavailability of proper transportation system to
  make deliveries of finished products leading to
  building inventories, as well as a labour
  shortage at production plants.
• Competitive Section
• Company Names 
• Koninklijke DSM N.V.
• JSC KuibyshevAzot
• UBE Industries, Ltd.
• Toray Industries Inc.
• China Petrochemical Development Corporation
• China Petroleum Chemical Corporation (Sinopec
  Corp.)       
• JSC "Grodno Azot
• Grupa Azoty
• Domo Chemicals
• Gujarat State Fertilizers Chemicals Ltd.

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