市場調查報告書
商品編碼
1587711
2030 年硫酸銨市場預測:按產品類型、生產流程、應用、最終用戶、分銷管道和地區進行的全球分析Ammonium Sulfate Market Forecasts to 2030 - Global Analysis By Product Type (Solid and Liquid), Production Process (Chemical Processes, Gypsum and Other Production Process), Application, End User, Distribution Channel and By Geography |
根據Stratistics MRC的數據,2024年全球硫酸銨市場規模為36億美元,預計到2030年將達到55億美元,預測期內複合年成長率為7.3%。
硫酸銨是一種無機鹽,化學式為(NH4)2SO4。在農業中,它經常用作氮肥。透過提供重要的養分和增加土壤酸度來促進作物生長。硫酸銨在工業也用於水處理、食品添加物和藥劑。硫酸銨可透過多種方法生產,包括硫酸氨中和法和己內醯胺副產品製程。
根據聯合國糧食及農業組織(FAO)預測,2020年全球化肥料消費量總合為20166萬噸化肥養分(N+P2O5+K2O)。
化肥需求增加
隨著世界人口的增加和糧食需求的增加,需要提高農業生產力。這增加了對含有硫酸銨的肥料的需求,硫酸銨為作物提供必需的氮和硫養分。隨著農民尋求最大限度地提高產量和改善土壤健康,硫酸銨作為肥料的使用正在擴大。由於硫酸銨在鹼性土壤中的有效性以及改善作物品質的能力,因此在農業領域的需求量很大。
原物料價格波動
硫酸銨生產依賴氨、硫酸等原料,價格波動較大。這些價格波動受到能源成本、供應鏈中斷和地緣政治事件等因素的影響。原物料價格上漲可直接影響硫酸銨的生產成本,導致產品價格上漲。這種波動為製造商帶來了不確定性並影響利潤率,從而抑制市場成長。
日益關注永續農業
農民和政策制定者正在優先考慮環保的農業實踐,人們對既能保持作物產量又能最大限度地減少環境影響的肥料越來越感興趣。如果使用得當,硫酸銨可以透過提高養分利用效率和減少氮淋溶,為永續農業做出貢獻。這一趨勢為製造商提供了開發和銷售環保硫酸銨配方的機會,從而有可能擴大其客戶群和市場佔有率。
嚴格規定
世界各國政府正在對化肥的使用實施更嚴格的規定,以緩解水污染和土壤劣化等環境問題。這些法規可能會限制在某些地區或某些作物上使用含有硫酸銨的氮肥。遵守這些法規會增加生產成本並減少市場需求。
COVID-19 大流行擾亂了全球供應鏈和農業活動,影響了硫酸銨市場。最初的封鎖減緩了生產速度,並造成了物流挑戰,導致暫時的供不應求。然而,農業部門的本質確保了化肥的持續需求。隨著經濟復甦,由於疫情後人們更加關注糧食安全和農業生產力,市場出現需求復甦。
預計固態產業將是預測期內最大的產業。
預計固態細分市場將在預測期內佔據市場佔有率。固態硫酸銨由於其易於處理、儲存和應用而在農業應用中被廣泛優選。它還可以更輕鬆地控制養分釋放,並且比液體形式的浸出更少。固態與其他肥料混合時用途廣泛,適用於多種施用方法,這也使其具有優越性。此外,固態硫酸銨具有較長的保存期限和較低的運輸成本,使其成為製造商和最終用戶的有吸引力的選擇,進一步鞏固了其市場主導。
預計製藥業在預測期內複合年成長率最高
預計製藥業在預測期內將以最高複合年成長率成長。這種快速成長是由硫酸銨在藥品製造過程中的使用不斷增加所推動的。硫酸銨作為試劑在蛋白質精製、酵素生產和各種製藥應用中發揮重要作用。製藥業的擴張和研發的活性化刺激了對高純度硫酸銨的需求。此外,疫苗生產及其在某些藥品中作為穩定劑的使用也促進了該領域的加速成長。
預計亞太地區在預測期內將佔據最大的市場佔有率。這是由於該地區農業規模龐大、人口成長和食品需求不斷增加。中國和印度等國家是化肥的主要消費國,推動了硫酸銨的龐大需求。該地區專注於提高農業生產力以確保糧食安全,這進一步推動了市場成長。此外,亞太地區工業和製藥業的擴張也促進了硫酸銨消費量的增加,鞏固了該地區的地位。
預計亞太地區在整個預測期內將呈現良好的成長率。這一成長是由持續的農業集約化、政府支持化肥使用的舉措以及農民對均衡作物營養的認知不斷提高所推動的。該地區的新興經濟體正在大力投資農業基礎設施和技術,推動對硫酸銨等高效肥料的需求。此外,硫酸銨在水處理和製藥方面的工業應用在中國、印度和東南亞國家等國家不斷擴大,促進了該地區的高成長率。
According to Stratistics MRC, the Global Ammonium Sulfate Market is accounted for $3.6 billion in 2024 and is expected to reach $5.5 billion by 2030, growing at a CAGR of 7.3% during the forecast period. Ammonium sulfate is an inorganic salt, and its chemical formula is (NH4)2SO4. In agriculture, it is frequently utilized as a nitrogen fertilizer. By supplying vital nutrients and increasing soil acidity, it promotes crop growth. Ammonium sulfate is also utilized in industry for water treatment, food additives, and medications. It is made by a number of methods, including the ammonia-neutralization of sulfuric acid and the caprolactam by-product process.
According to the Food and Agriculture Organization of the United Nations (FAO), global fertilizer consumption in 2020 reached 201.66 million tonnes of total fertilizer nutrients (N+P2O5+K2O).
Rising demand for fertilizers
The increasing global population and growing food demand are driving the need for higher agricultural productivity. This is boosting the demand for fertilizers, including ammonium sulfate, which provides essential nitrogen and sulfur nutrients to crops. As farmers seek to maximize yields and improve soil health, the use of ammonium sulfate as a fertilizer is growing. Its effectiveness in alkaline soils and ability to enhance crop quality further contribute to its rising demand in the agricultural sector.
Fluctuating raw material prices
The production of ammonium sulfate relies on raw materials such as ammonia and sulfuric acid, and prices for these can be volatile. These price fluctuations are influenced by factors like energy costs, supply chain disruptions, and geopolitical events. When raw material prices increase, it directly impacts the production costs of ammonium sulfate, potentially leading to higher product prices. This volatility can create uncertainty for manufacturers and affect profit margins, potentially restrain market growth.
Growing focus on sustainable agriculture
Farmers and policymakers are prioritizing environmentally friendly farming methods, and there is growing interest in fertilizers that minimize environmental impact while maintaining crop yields. Ammonium sulfate, when used appropriately, can contribute to sustainable agriculture by improving nutrient use efficiency and reducing nitrogen leaching. This trend opens up opportunities for manufacturers to develop and market eco-friendly formulations of ammonium sulfate, potentially expanding their customer base and market share.
Stringent regulations
Governments worldwide are implementing stricter controls on fertilizer use to mitigate environmental concerns such as water pollution and soil degradation. These regulations may limit the application of nitrogen-based fertilizers, including ammonium sulfate, in certain regions or for specific crops. Compliance with these regulations can increase production costs and potentially reduce market demand.
The COVID-19 pandemic disrupted global supply chains and agricultural activities, impacting the ammonium sulfate market. Initial lockdowns caused production slowdowns and logistical challenges, leading to temporary supply shortages. However, the agricultural sector's essential nature ensured continued demand for fertilizers. As economies recovered, the market saw resurgence in demand, driven by increased focus on food security and agricultural productivity post-pandemic.
The solid segment is expected to be the largest during the forecast period
Over the forecasted timeframe, the solid segment is anticipated to dominate the market share. Solid ammonium sulfate is widely preferred in agricultural applications due to its ease of handling, storage, and application. It offers better control over nutrient release and is less prone to leaching compared to liquid forms. The solid form's versatility in blending with other fertilizers and its suitability for various application methods contribute to its dominance. Additionally, solid ammonium sulfate's longer shelf life and lower transportation costs make it an attractive option for both manufacturers and end-users, further solidifying its market leadership.
The pharmaceuticals segment is expected to have the highest CAGR during the forecast period
During the projection period, the pharmaceuticals segment is expected to grow at the highest CAGR. This rapid growth is driven by the increasing use of ammonium sulfate in pharmaceutical manufacturing processes. It plays a crucial role in protein purification, enzyme production, and as a reagent in various pharmaceutical applications. The expanding pharmaceutical industry, coupled with growing research and development activities, is fueling the demand for high-purity ammonium sulfate. Additionally, its use in vaccine production and as a stabilizer in certain medications is contributing to the segment's accelerated growth.
The Asia Pacific region is expected to hold the largest share of the market during the forecast period. This is due to the region's large agricultural sector, growing population, and increasing food demand. Countries like China and India are major consumers of fertilizers, driving substantial demand for ammonium sulfate. The region's focus on improving agricultural productivity to ensure food security further boosts market growth. Additionally, the expanding industrial and pharmaceutical sectors in Asia Pacific contribute to the increased consumption of ammonium sulfate, solidifying the region's position.
The Asia Pacific region is predicted to witness the lucrative growth rate throughout the forecast period. This growth is fueled by ongoing agricultural intensification, government initiatives supporting fertilizer use, and increasing awareness about balanced crop nutrition among farmers. The region's developing economies are investing heavily in agricultural infrastructure and technologies, driving demand for efficient fertilizers like ammonium sulfate. Furthermore, the expanding industrial applications of ammonium sulfate in water treatment and pharmaceuticals in countries like China, India, and Southeast Asian nations contribute to the region's high growth rate.
Key players in the market
Some of the key players in Ammonium Sulfate Market include BASF SE, Evonik Industries AG, LANXESS, Sumitomo Chemical Co. Ltd., Honeywell International Inc., OCI N.V., Arkema, Fibrant, Aarti Industries Ltd., Royal DSM, Domo Chemicals, SABIC, Novux International, Nutrien, AdvanSix, UBE Corporation, Grupa Azoty, and Gujarat State Fertilizers and Chemicals Limited.
In November 2023, Gujarat state fertilizers and chemicals limited started production at its ammonium sulfate manufacturing plant in Vadodara, adding an annual capacity of 132,000 MT.
In October 2023, BASF announced the expansion of its ammonium sulfate production capacity in China to meet growing demand in Asia.
In October 2023, Evonik Industries AG entered an agreement to supply blueSulfate, a liquid ammonium sulfate solution, from its Mobile, AL site to Interoceanic Corporation.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.