AMMONIUM THIOSULPHATE FERTILIZER MARKET ANALYSIS

Market Challenges And Opportunities

• Rising demand of ATS from fertilizers industry across the globe is expected to drive ammonium thiosulphate market growth over the forecast period. For instance, according to the FAO - Food and Agriculture Organization (U.S.), in 2017, the global demand for fertilizer nutrients including sulfur, nitrogen, potash, and phosphates raised to 191 Kilo tons from 184 Kilo tons in 2015.
• However, excessive use of chemical fertilizers to increase the crop yield results in soil degradation. Moreover, excessive use of fertilizers turns ground water poisonous and may create dead zones in the oceans. For instance, the Gulf of Mexico has ocean dead zone, wherein there is no biological activity due to leaching of fertilizers in water bodies and are further transferred to the ocean. Such factors are expected to restrain growth of the ammonium thiosulphate fertilizer market over the forecast period.