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Ammonium sulfate price trend and forecast

Ammonium sulfate is a white odorless solid with the chemical formula (NH4)2SO4. It is produced industrially by combining ammonia and sulfuric acid. The primary use of ammonium sulfate is as a fertilizer for alkaline soils. Plus, it is used as an agricultural spray for water-soluble insecticides and herbicides.

ArChem provides Ammonium sulfate and other raw chemical materials such as MEA, DEG, and TEG for various industrial applications. Additionally, ArChem provides customers with other chemical products including Plasticizers, organic solvents, etc. for further information please contact our technical sales team in ArChem.

 

Ammonium sulfate market


The global Ammonium sulfate market size was valued at USD 3.14 billion in 2023 and is expected to reach USD 5.6 billion in 2030, growing at a CAGR of 6.7 % in the forecast period (2023-2030).

The global Ammonium sulfate market is segmented by type (solid Ammonium sulfate, liquid Ammonium sulfate), application (fertilizer, pharmaceutical, food Additive, water treatment, and others), and by geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). Asia-Pacific is the leader in global Ammonium sulfate market and is estimated to exhibit a CAGR of 5.8% during the forecast period.

Ammonium sulfate market growth drivers


The Ammonium sulfate market is influenced by several key factors including:

Agricultural sector

The agricultural sector is the main consumer of Ammonium sulfate, utilizing it as a nitrogen fertilizer. Agricultural sector relies on Ammonium sulfate to enhance crop yields, improve soil health, and increase productivity.

Nitrogen-based fertilizers

Nitrogen is a vital component for plant growth, and nitrogen-based fertilizers are necessary in meeting needs of crops. Ammonium sulfate with its high nitrogen content is preferred for producing Nitrogen-based fertilizers.

Industrial applications

Ammonium sulfate has different applications in various industrial processes. It is used in the production of insecticides, herbicides, and fungicides. Plus, it serves as a food additive in the food industry and a purifying agent in water treatment.

Technological advancements

Advancement in production technologies have improved Ammonium sulfate manufacturing. Innovations in chemical synthesis and processing techniques have enabled manufacturers to meet the increasing demand while maintaining quality.

 

Ammonium sulfate price trend


Ammonium sulfate prices have exhibited fluctuations due to several factors, including raw material costs, supply and demand, and geopolitical situations.

  • The prices of sulfur and ammonia, raw chemical materials for Ammonium sulfate production, have a direct impact on the final product price. Any fluctuation in these costs can lead to changes in Ammonium sulfate prices.
  • Supply and demand dynamics significantly affect Ammonium sulfate prices. Higher demand often leads to price increases. Conversely, low demand can result in price drops.
  • Political instability and international sanctions can disrupt the supply chain, affecting the cost of raw materials and the final product.
  • Environmental regulations on the production processes of Ammonium sulfate can increase production costs, subsequently affecting prices. Compliance with these regulations often requires significant investment in better technologies and processes.

Overall, a combination of these factors along with market dynamics, influences the pricing of Ammonium sulfate in the market. Our experts in ArChem monitor and analyze various aspects of the global Ammonium sulfate market. They analyze various segments and provide an analysis of the market performance in the long term. This would be useful for our customers to plan their future investments, understand the cost dynamics, and gain awareness about the behaviour of competitors across the globe.

 

FAQ


What is the price of Ammonium sulfate in the market?

ArChem raw chemical materials can be purchased in a variety of volumes. Depending on your orders, prices are different. For more information about Ammonium sulfate price, please contact our technical sales team in ArChem.

What is the Ammonium sulfate Market size?

The global Ammonium sulfate market size was valued at USD 3.14 billion in 2023 and is expected to reach USD 5.6 billion in 2030, growing at a CAGR of 6.7 % in the forecast period (2023-2030). The market growth can be attributed to the increased demand for ammonium sulfate in producing fertilizers, in the agricultural sector.

What is Ammonium sulfate?

Ammonium sulfate is a white odorless solid with the chemical formula (NH4)2SO4. The primary use of Ammonium sulfate is as a fertilizer for alkaline soils. Plus, it is used as an agricultural spray for water-soluble insecticides and herbicides.

What is the CAS number of Ammonium sulfate?

The CAS number of Ammonium sulfate is 7783-20-2.

What is the HS code for Ammonium sulfate?

31022100

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