Ammonium Sulfate Market to Reach USD 7.21 Billion By 2032

According to analysts at Vantage Market Research, the Global Ammonium Sulfate Market size is worth USD 3.91 Billion in 2023 and is projected to reach USD 7.21 Billion by 2032, growing at a CAGR (Compound Annual Growth Rate) of 7.95 % from 2024 to 2032.  The ammonium sulfate market is driven by the rising global population demanding increased food production and the growing recognition of soil health, necessitating effective fertilizers.​ Additionally, advancements in agricultural practices and supportive government policies promote sustainable farming, further fueling market growth.

Market Overview

The ammonium sulfate market is witnessing considerable growth driven by the increasing demand for fertilizers, particularly in agricultural applications.​ This nitrogenous fertilizer is favored for enhancing soil nutrient content and is particularly effective in addressing crop sulfur deficits. As the global farming community relies heavily on advanced agricultural inputs, ammonium sulfate is gradually becoming a staple in various farming practices due to its effectiveness in improving crop yield and quality. The product’s advantages, such as water solubility and ease of mixing with other fertilizers, further contribute to its popularity among farmers seeking to optimize plant growth and productivity.

Additionally, the ammonium sulfate market is enhancing its appeal through technological advancements and innovations that enable improved manufacturing capabilities. Companies are increasingly investing in research and development to introduce advanced formulations and applications of ammonium sulfate in end-use sectors such as pharmaceuticals and water treatment. This diversification not only broadens its market appeal but also fosters competition among producers, prompting strategic collaborations and expansions to meet the evolving demands of consumers. As such, the ammonium sulfate market is positioned for steady growth, with various factors contributing to its resilience and adaptability in a dynamic agricultural landscape.

American Plant Food Proposes New Fertilizer Plant at Cornerstone Chemical Complex 

In January 2023, Texas-based American Plant Food decided to move forward with its proposed fertilizer plant at the Cornerstone chemical complex in Waggaman. The company has applied for a permit from the state Department of Environmental Quality and, if approved, would start construction on the USD 225 million facility next year and begin operations in 2025. The plant would produce Ammonium Sulfate, a non-hazardous, non-flammable sulfate salt used as a crop nutrient and fire retardant. It is also used in animal feed, cleaning products, construction materials, and to treat municipal drinking water and sewage.

Key Takeaways from the Report

• The Asia Pacific region had the largest share of the Ammonium Sulfate market, 43.1% in 2023
• The Europe region is projected for the highest growth rate, from 2024 to 2032
• In 2023, the Basic segment dominated the global market with 87.2% revenue share because of its usability as a widely accepted fertilizer
• The pharmaceuticals segment is expected to register a CAGR of 8.1% during the forecast period 
• The fertilizers segment represents the largest revenue share in the Ammonium Sulfate market, generating over 62.1% revenue in 2023
• Sustainability is increasingly influencing the Ammonium Sulfate market, with manufacturers focusing on environmentally friendly production methods

Top Companies

• Royal DSM
• Sumitomo Chemical
• Honeywell International
• Novus International
• Lanxess Corporation
• Evonik Industries
• BASF SE
• ArcelorMittal
• Arkema
• Domo chemicals
• Fibrant

Latest News

Azersulfat LLC to Boost Production of Ammonium Sulfate Fertilizers 

• In January 2023, Azersulfat LLC announced plans to produce Ammonium Sulfate fertilizers. The business intends to boost sulfuric acid and Ammonium Sulfate fertilizer output to offset high fertilizer market prices.

Enva Initiates Construction of New Fertilizer Pellet Plant: Focus on Ammonium Sulfate Recovery 

• In March 2023, Enva initiated the construction of a new fertilizer pellet plant. The fertilizers will be based on Ammonium Sulfate recovered from industrial liquid waste. The facility is expected to produce 4500 tons of pellets annually for agriculture, horticulture, and greenkeeping applications.