Market Overview:
The global ammonium sulphate phosphate market is expected to grow at a CAGR of 3.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fertilizers, owing to the growing population and rising food demand. In addition, the increasing use of ammonium sulphate phosphate in industrial applications is also contributing to the growth of this market. However, factors such as volatility in prices and availability of raw materials may restrain the growth of this market during the forecast period. On basis on type, food grade segment is projected to account for majority share in terms revenue by 2030 end followed by industrial grade segment over forecast years (2018-2030).
Product Definition:
Ammonium sulphate phosphate is an inorganic compound with the formula (NH4)2SO4.H3PO4. It is a white solid that is soluble in water. It is used as a fertilizer and as a flame retardant.
Food Grade:
Ammonium sulfate phosphate is a salt formed by the reaction of ammonia and sulfuric acid. It has a wide range of applications in food & beverage, pharmaceuticals, paints & coatings and chemical industries. The product finds application as an emulsifier in various products such as bread, ice creams, cheese spreadsheets etc.
Industrial Grade:
Industrial grade is a type of salt which contains pure and high-quality ammonia. It has several industrial applications such as in the production of fertilizers, chemicals, polymers, paper & pulp products and others. Ammonia is used as a reagent for detecting the presence of carbon in organic compounds during chemical reactions because it reacts with hydrocarbons to form an ammonium sulfate solution.
Application Insights:
The global ammonium sulfate-based fertilizer market was valued at USD 2.5 billion in 2016 and is expected to witness significant growth over the forecast period on account of high product usage rates in fertilizers. The industry also offers numerous opportunities for players that are involved in research & development, manufacturing, marketing and distribution activities.
Fertilizer emerged as the largest application segment with a share of over 60% of the total revenue generated by the industry back in 2015. Ammonium Sulphate (AS) based fertilizers have been proven to be an effective way to increase crop yield across various farming activities such as plant cultivation and animal rearing on a large scale which has resulted into their dominance across all major regions globally since long ago till date.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. China, India, Japan, South Korea and Taiwan are among the largest producers of ammonium sulfate globally. The region also accounts for a significant share of total consumption with respect to both production as well as demand side.
The growth in fertilizer application can be attributed to various factors including rising population coupled with increasing income levels that enable consumers to avail of more expensive fertilizers along with better farming practices across countries such as China and India. Rising awareness regarding environmental protection has led farmers in these countries use less harmful products for water treatment which is then used for crop irrigation instead of using chemical pesticides that harm soil structure thereby leading to higher agricultural productivity output over a specific period of time.
Growth Factors:
- Increasing demand from the agriculture sector for ammonium sulphate phosphate as a fertilizer is expected to be a key growth driver for the market over the forecast period.
- Rising population and subsequent increase in food demand is also anticipated to fuel growth of the market over the next few years.
- Growing awareness about benefits of using ammonium sulphate phosphate as a fertilizer is projected to propel its demand in near future.
- Stringent regulations regarding use of chemical fertilizers are likely to create opportunities for organic fertilizers such as ammonium sulphate phosphate, thereby propelling market growth during forecast period. 5) Technological advancements in production process of ammonium sulphate phosphate are expected to provide impetus to market growth over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Ammonium Sulphate Phosphate Market Research Report
By Type
Food Grade, Industrial Grade, Other
By Application
Fertilizer, Industrial Use, Food Additives, Other
By Companies
BASF, Honeywell, DSM Chemicals, LANXESS, UBE, OCI Nitrogen, KuibyshevAzot, Domo Chemicals, JSC Grodno Azot, GSFC, BASF, Sinopec, Shandong Haili, Datang Power, Juhua, Zhejiang Hengyi, Tian Chen, Sanning, Hongye Group, Shandong Wolan Biology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Ammonium Sulphate Phosphate Market Report Segments:
The global Ammonium Sulphate Phosphate market is segmented on the basis of:
Types
Food Grade, Industrial Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fertilizer, Industrial Use, Food Additives, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Honeywell
- DSM Chemicals
- LANXESS
- UBE
- OCI Nitrogen
- KuibyshevAzot
- Domo Chemicals
- JSC Grodno Azot
- GSFC
- BASF
- Sinopec
- Shandong Haili
- Datang Power
- Juhua
- Zhejiang Hengyi
- Tian Chen
- Sanning
- Hongye Group
- Shandong Wolan Biology
Highlights of The Ammonium Sulphate Phosphate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Industrial Grade
- Other
- By Application:
- Fertilizer
- Industrial Use
- Food Additives
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ammonium Sulphate Phosphate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ammonium Sulphate Phosphate is a white crystalline powder that is used as a fertilizer. It contains the elements ammonium and sulphur, which are necessary for plant growth.
Some of the major players in the ammonium sulphate phosphate market are BASF, Honeywell, DSM Chemicals, LANXESS, UBE, OCI Nitrogen, KuibyshevAzot, Domo Chemicals, JSC Grodno Azot, GSFC, BASF, Sinopec, Shandong Haili, Datang Power, Juhua, Zhejiang Hengyi, Tian Chen, Sanning, Hongye Group, Shandong Wolan Biology.
The ammonium sulphate phosphate market is expected to grow at a compound annual growth rate of 3.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ammonium Sulphate Phosphate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ammonium Sulphate Phosphate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ammonium Sulphate Phosphate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ammonium Sulphate Phosphate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ammonium Sulphate Phosphate Market Size & Forecast, 2020-2028
4.5.1 Ammonium Sulphate Phosphate Market Size and Y-o-Y Growth
4.5.2 Ammonium Sulphate Phosphate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Industrial Grade
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fertilizer
6.2.2 Industrial Use
6.2.3 Food Additives
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ammonium Sulphate Phosphate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ammonium Sulphate Phosphate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Industrial Grade
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fertilizer
9.10.2 Industrial Use
9.10.3 Food Additives
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Industrial Grade
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fertilizer
10.10.2 Industrial Use
10.10.3 Food Additives
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Industrial Grade
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fertilizer
11.10.2 Industrial Use
11.10.3 Food Additives
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Industrial Grade
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fertilizer
12.10.2 Industrial Use
12.10.3 Food Additives
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Industrial Grade
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fertilizer
13.10.2 Industrial Use
13.10.3 Food Additives
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ammonium Sulphate Phosphate Market: Competitive Dashboard
14.2 Global Ammonium Sulphate Phosphate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Honeywell
14.3.3 DSM Chemicals
14.3.4 LANXESS
14.3.5 UBE
14.3.6 OCI Nitrogen
14.3.7 KuibyshevAzot
14.3.8 Domo Chemicals
14.3.9 JSC Grodno Azot
14.3.10 GSFC
14.3.11 BASF
14.3.12 Sinopec
14.3.13 Shandong Haili
14.3.14 Datang Power
14.3.15 Juhua
14.3.16 Zhejiang Hengyi
14.3.17 Tian Chen
14.3.18 Sanning
14.3.19 Hongye Group
14.3.20 Shandong Wolan Biology
