World Ammonium Sulfate Fertilizer Market to Keep on Growing through 2023, Expects 99Strategy in Its New Report Available at MarketPublishers.com16 Nov 2017 • by Natalie Aster
LONDON – As one of the first and most widely used nitrogen fertilizers, ammonium sulfate is used mainly to supply various nutritional chemicals to growing plants. Proper usage of ammonium sulfate fertilizer helps to maintain healthy nitrogen levels and pH balance in soils. However, when used in excess it could cause a number of undesirable plant conditions.
In the years to come, the global market for ammonium sulfate fertilizer is set to keep on gaining traction, spurred by soaring demand for fertilizers on the back of constantly rising population along with decreasing arable lands. Moreover, shift in trend towards rising crop yield by enhancing nutrient contents in soil is also predicted to give a boost to the ammonium sulfate market growth.
Meantime, severe regulatory guidelines associated with the adoption of ammonium sulfate in countries like Germany, France, the UK and the USA are likely to significantly restrain the market growth in the offing.
Regionally, APAC dominates the world’s ammonium sulfate fertilizer market in terms of demand, this is attributed to considerable uptake of the agriculture industry in China, India and several South East Asian countries.
Some of the prominent market participants include BASF, AkzoNobel, Sumitomo Chemicals, DSM, Lanxess.
New insightful research publication “Global and Asia Ammonium Sulfate Fertilizer Market Status and Future Forecast 2013-2023” issued by 99Strategy provides a detailed analysis of the global ammonium sulfate fertilizer market with a special focus on the situation in the APAC region. The report includes a detailed analysis of the market segmentation based on types, applications and regions. A comprehensive overview of the market development trends and opportunities, in-depth insights into the market dynamics and valuable data on the main market growth drivers, challenges and restraints are also included in this report. Moreover, the study examines the competitive landscape, pinpoints the top market participants and gives their profiles. Future forecasts for the marketplace up till 2023 are available in this cutting-edge research report.
Many other research reports by 99Strategy are available in its online catalogue at MarketPublishers.com.