Ammonium Sulfate Market size is expected to reach USD 5.04 billion by 2030
Ammonium Sulfate Industry Overview The global ammonium sulfate market size was valued at USD 2.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030. The market growth can be attributed to the increased demand for ammonium sulfate in formulating nitrogenous fertilizers, which are extensively used in the agricultural sector. The market is highly driven by the consumption of solid ammonium sulfate. However, demand for water treatment is anticipated to drive the demand for its liquid counterpart. The key factor driving the global market is the consumption of products in fertilizers as the chemical contains nitrogen and sulfur. It is mainly used for reducing the acidity of alkaline soils as they have a high pH level. The product contains nitrogenous elements, along with sulfur, which is used for protein synthesis in plants. The product is also largely preferred for flooded soils used in rice cultivation as ni...