Market Overview:
The global ammonium thiosulfate solid market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ammonium thiosulfate in various applications, such as corn fertilizer, grain fertilizer, other agricultural applications and industrial applications. North America is expected to lead the global ammonium thiosulfate solid market during the forecast period due to the presence of key players in this region and rising demand for corn-based products.
Product Definition:
An inorganic compound with the formula NH4SO3. A white solid, it is used as a photographic fixer and in other chemical processes.
≥95%:
Ammonium thiosulfate is a solid, water-soluble, and colorless chemical. It is used as an additive in pesticides for the control of weeds and grasses. The product has 95% of total sulfur content by weight and it's major application includes agriculture industry.
The global demand for ammonium thiosulfate was estimated to be 1,37,500 tons in 2016 which was increased from 1,34,500 tons in 2015.
The 95% isomer of ammonium thiosulfate is a white crystalline compound, which has a molecular weight of about 170. It is an inorganic compound and exists in both liquid and solid forms. The 95% form also called as pure ammonia thiosulfate or NAPAS, has better solubility than the 80% form (Ammonium Sulfate) in water with no precipitation after boiling.
Application Insights:
The global ammonium thiosulfate solid market is segmented on the basis of application as corn fertilizers, grain fertilizers, other agricultural applications, industrial applications and others. The other agricultural applications segment held the largest share in 2017. This can be attributed to increasing demand for high-quality fertilizers from developing countries such as India and China.
Grain fertilizer was the second-largest application in 2017 and is projected to grow at a CAGR of XX% over the forecast period. Ammonium thiosulfate based grain formulations are gaining popularity due to their ability to provide higher yields with less effort than conventional methods used by farmers across various regions globally including North America, Europe & Middle East Africa Asia Pacific Latin America Brazil etc., which will drive product demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The presence of a large number of fertilizer manufacturers coupled with increasing demand for ammonium thiosulfate from China, India, Japan and other Southeast Asian countries is anticipated to drive the regional market. In addition, favorable government regulations aimed at promoting domestic production are likely to provide further impetus for industry expansion.
The product demand in Europe was valued at USD X million in 2017 owing to its wide usage across different industries including agriculture & horticulture, pulp & paper as well as petrochemical sector. However, stringent environmental regulations by European Commission regarding emission standards are expected to hamper industry growth over the next eight years.
Central & South America accounted for a volume share of 3% in 2017 on account of rising product consumption from Argentina.
Growth Factors:
- Increasing demand from the agricultural sector for ammonium thiosulfate as a soil amendment and fertilizer
- Growing popularity of organic farming, which necessitates the use of environmentally friendly fertilizers such as ammonium thiosulfate
- Rising awareness about the benefits of using ammonium thiosulfate among farmers and consumers alike
- The increasing availability of ammonium thiosulfate due to the expansion in production capacities by manufacturers
- The growing trend towards precision agriculture, which calls for more targeted application of fertilizers like ammonium thiosulfate
Scope Of The Report
Report Attributes
Report Details
Report Title
Ammonium Thiosulfate Solid Market Research Report
By Type
≥95%, <95%
By Application
Corn Fertilizer, Grain Fertilizer, Other Agricultural Applications, Industrial Applications
By Companies
Tessenderlo Group, Martin Midstream Partners, Poole Chem, TIB Chemicals, Esseco, PCI Nitrogen (Rentech Nitrogen), Koch Fertilizer, Mears Fertilizer, Kugler, Agrium, R.W. Griffin
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 Thiosulfate Solid Market Report Segments:
The global Ammonium Thiosulfate Solid market is segmented on the basis of:
Types
≥95%, <95%
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
Corn Fertilizer, Grain Fertilizer, Other Agricultural Applications, Industrial Applications
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:
- Tessenderlo Group
- Martin Midstream Partners
- Poole Chem
- TIB Chemicals
- Esseco
- PCI Nitrogen (Rentech Nitrogen)
- Koch Fertilizer
- Mears Fertilizer
- Kugler
- Agrium
- R.W. Griffin
Highlights of The Ammonium Thiosulfate Solid 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:
- ≥95%
- <95%
- By Application:
- Corn Fertilizer
- Grain Fertilizer
- Other Agricultural Applications
- Industrial Applications
- 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 Thiosulfate Solid 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 thiosulfate solid is a white or off-white powder that is soluble in water. It has a characteristic ammonium sulfate smell and can be used as an agricultural fertilizer.
Some of the major companies in the ammonium thiosulfate solid market are Tessenderlo Group, Martin Midstream Partners, Poole Chem, TIB Chemicals, Esseco, PCI Nitrogen (Rentech Nitrogen), Koch Fertilizer, Mears Fertilizer, Kugler, Agrium, R.W. Griffin.
The ammonium thiosulfate solid market is expected to grow at a compound annual growth rate of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ammonium Thiosulfate Solid 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 Thiosulfate Solid Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ammonium Thiosulfate Solid 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 Thiosulfate Solid 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 Thiosulfate Solid Market Size & Forecast, 2020-2028 4.5.1 Ammonium Thiosulfate Solid Market Size and Y-o-Y Growth 4.5.2 Ammonium Thiosulfate Solid 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 ≥95%
5.2.2 <95%
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 Corn Fertilizer
6.2.2 Grain Fertilizer
6.2.3 Other Agricultural Applications
6.2.4 Industrial Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ammonium Thiosulfate Solid 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 Thiosulfate Solid 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 ≥95%
9.6.2 <95%
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 Corn Fertilizer
9.10.2 Grain Fertilizer
9.10.3 Other Agricultural Applications
9.10.4 Industrial Applications
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 ≥95%
10.6.2 <95%
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 Corn Fertilizer
10.10.2 Grain Fertilizer
10.10.3 Other Agricultural Applications
10.10.4 Industrial Applications
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 ≥95%
11.6.2 <95%
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 Corn Fertilizer
11.10.2 Grain Fertilizer
11.10.3 Other Agricultural Applications
11.10.4 Industrial Applications
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 ≥95%
12.6.2 <95%
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 Corn Fertilizer
12.10.2 Grain Fertilizer
12.10.3 Other Agricultural Applications
12.10.4 Industrial Applications
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 ≥95%
13.6.2 <95%
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 Corn Fertilizer
13.10.2 Grain Fertilizer
13.10.3 Other Agricultural Applications
13.10.4 Industrial Applications
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 Thiosulfate Solid Market: Competitive Dashboard
14.2 Global Ammonium Thiosulfate Solid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tessenderlo Group
14.3.2 Martin Midstream Partners
14.3.3 Poole Chem
14.3.4 TIB Chemicals
14.3.5 Esseco
14.3.6 PCI Nitrogen (Rentech Nitrogen)
14.3.7 Koch Fertilizer
14.3.8 Mears Fertilizer
14.3.9 Kugler
14.3.10 Agrium
14.3.11 R.W. Griffin