Global Ammonium Sulfate Market 2017-2021 with Akzo Nobel, BASF, Domo Chemicals, Honeywell International & OCI Dominating – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Global
Ammonium Sulfate Market 2017-2021" report has been added to Research
and Markets' offering.
The global ammonium sulfate market to grow at a CAGR of 2.35% during the
period 2017-2021.
Global Ammonium Sulfate Market 2017-2021, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects over the coming
years. The report also includes a discussion of the key vendors
operating in this market.
The latest trend gaining momentum in the market is Development of
biofertilizers. There is a rise in the use of biofertilizers in the
organic food industry due to the health hazards caused by chemical
fertilizers. Proper growth is achieved when biofertilizers are used to
grow cereals and grain crops. To sustain the soil nutrient cycle,
farmers are adopting biofertilizers. The use of biofertilizers has
proved to be beneficial as it provides food safety and delivers a
sustainable crop production method. Biofertilizers are also being used
for seed treatment.
According to the report, one of the major drivers for this market is
Rise in fertilizer use. Ammonium sulfate has been used in fertilizers
for the past 150 years, and its use has increased further with the rise
in population. To cater to the food requirements of the growing
population with limited land, there is a constant need to increase the
per hectare production. This has led to the increase in the demand for
fertilizers to increase the yield of agricultural lands.
Further, the report states that one of the major factors hindering the
growth of this market is Environmental issues. Ammonium sulfate is
widely used as a soil fertilizer. It gets transferred from agricultural
lands to water bodies during monsoon. As it dissolves easily in water,
it proves harmful to algae, invertebrates, fish, and other aquatic
organisms.
Market trends
- Development of biofertilizers
- Increasing use of ammonium sulfate as a flame retardant
- Increasing use of ammonium sulfate in textile industry
Key vendors
- Akzo Nobel
- BASF
- Domo Chemicals
- Honeywell International
- OCI
Other prominent vendors
- China Haohua Chemical Group
- China Tianchen Engineering Corporation (TCC)
- GSFC
- Juhua Group Corporation
- KuibyshevAzot
- LANXESS
- OSTCHEM
- Qingzhou Huashun Production Goods
- WengFu Group
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Regional Landscape
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/tbxh5d/global_ammonium
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Related
Topics: Fertilizer