Global Ammonium Salts Market, By Type (High Purity, Low Purity), Application (Catalyst, Textile and Leather, Agriculture, Plastic Industry, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The ammonium salts market is expected to witness market growth at a rate of 4.05% in the forecast period of 2021 to 2028. Data Bridge Market Research report on ammonium salts market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The high need of the product for various applications is escalating the growth of ammonium salts market.
Ammonium refers to an ion that is generally obtained from ammonia by combination with hydrogen ion and compounds possessing similar properties of the alkali metals. These are composed by nitrogen and hydrogen atoms and are colorless and pungent gas. Ammonium sulfate, ammonium phosphates, ammonium nitrate among others are some of the common ammonium salts.
The rise in the cultivation of rice across the globe acts as one of the major factors driving the growth of ammonium salts market. The increase in the use of the ingredient in various personal care and cleansing products such as facial cleanser, shampoo, dishwashing detergent, conditioner, bath oils, bleach, and hair color among others, and surge in the usage of ammonia in the manufacturing of plastics, fabrics, and pesticides, accelerate the market growth. The increase in the utilization of the product as an electrolyte in dry cell batteries owing to its ionic compound and rise in the use as fire extinguisher and as curing agent in formaldehyde-based adhesives further influence the market. Additionally, research and development activities, surge in investment, expansion of agriculture sector and growth of various manufacturing industries positively affect the ammonium salts market. Furthermore, research and development activities for improving ingredient extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, presence of strict regulations in the healthcare industry and concerns regarding exposure of high level of ammonia causing person’s skin, eyes and throats are expected to obstruct the market growth. The corrosion resulted by the reaction of ammonia with water creating ammonium hydroxide and low nitrogen content as compared to urea or ammonium nitrate are projected to challenge the ammonium salts market in the forecast period of 2021-2028.
This ammonium salts market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ammonium salts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ammonium Salts Market Scope and Market Size
The ammonium salts market is segmented on the basis of type and applications. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the ammonium salts market is segmented into high purity and low purity.
- On the basis of application, the ammonium salts market is segmented into catalyst, textile and leather, agriculture, plastic industry and others.
Global Ammonium Salts Market Country Level Analysis
The ammonium salts market is analyzed and market size, volume information is provided by country, type and applications as referenced above.
The countries covered in the global ammonium salts market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the ammonium salts market due to the progress of the agricultural sector within the region. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the agro-based economies in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ammonium Salts Market Share Analysis
The ammonium salts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ammonium salts market.
The major players covered in the ammonium salts market report are JAPAN NEW METALS CO., LTD, Rishi Chemical., TATVA CHINTAN PHARMA CHEM PVT. LTD., Fertinagro India Pvt. Ltd, Chemcon Speciality Chemicals Private Limited., Eltee Fertilizers, Yash Chemicals., JAINSON CHEMICALS, NIKITA TRANSPHASE ADDUCTS PVT. LTD., Merck KGaA, Chemaux Enterprises, Tokyo Chemical Industry Co., Ltd., Alfa Aesar, Thermo Fisher Scientific; Zaclon LLC, Penta Bioscience Products., Arkema, Cayman Chemical, AGI Industries., and Kemcolour International, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ammonium Salts Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.