Ammonium Sulfate Market Leading Players, Competitive Landscape, Strategy, Forecast 2032
Ammonium sulfate is a white, odorless, crystalline solid that is soluble in water. It is a common fertilizer and industrial chemical. The global ammonium sulfate market is expected to grow at a CAGR of 6.13% from 2023 to 2030. The growth of the ammonium sulfate market is being driven by the increasing demand for fertilizers in the agricultural sector. Ammonium sulfate is a major component of nitrogenous fertilizers, which are used to improve crop yields. The growing population and the increasing demand for food are also driving the growth of the ammonium sulfate market. The ammonium sulfate market is segmented by application, end-user, and region. By application, the market is divided into fertilizers, industrial fasteners , and others. The fertilizers segment is the largest segment of the market, accounting for over 80% of the total market share. This is due to the increasing demand for fertilizers to boost crop yields. By end-user, the market is divided into agriculture, industry