Market Research And Insight Report: Ammonium Sulfate Market Top Manufacturers, Key Regions and Applications 2019-2025 - 0 views
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emmaj3206 on 04 Apr 19"The global ammonium sulfate market size is expected to reach USD 3.79 billion by 2025 expanding at a CAGR of 4.9%. Rising usage of nitrogen-based fertilizers to increase the crop yield is expected to drive the market growth over the forecast period. Need for nutrients, such as nitrogen and sulfur, is also expected to drive the market in the years to come. ammonium sulfate is widely used for food additive application. It is used as an inorganic salt in food industry. ammonium sulfate has a slightly salty taste with no aroma and is commonly used due to its high solubility characteristics. Thus, high demand for food additives is also expected to benefit the market growth. Traditionally ammonium sulfate was produced by neutralization process; however, there are several methods of extracting ammonium sulfate, such as caprolactam, gypsum, coke oven, and others. The Asia Pacific region led the global market in the past and is anticipated to continue its dominance over the forecast period. China is expected to remain a major consumer in the regional market owing to the availability of product at low cost and advancements in agricultural techniques. Furthermore, growing food & beverages industry is boosting the demand for ammonium sulfate as a food additive, thereby driving the overall market."