Ammonium Sulfate Market Projected To Reach USD 5.04 Billion By 2030
San Francisco, 8 Feb 2024: The Report Ammonium Sulfate Market Size, Share & Trends Analysis Report By Product (Solid, Liquid), By Application (Fertilizer, Pharmaceutical, Food & Feed Additive), By Region, And Segment Forecasts, 2024 - 2030 The global ammonium sulfate market size is expected to reach USD 5.04 billion by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2024 to 2030. The advancement in agriculture technology would drive the demand for fertilizers, which would indirectly result in the growing demand for ammonium sulfate. Ammonium sulfate is an inorganic water salt comprising sulfur and nitrogen. The composition is used in the agricultural sector as fertilizer. It has the ability to provide stability and functionality to the fertilizer. Benefits associated with these fertilizers include water-solubility, easy blending abilities with nitrogenous fertilizers, and elevation of soil. These benefits ensure high