FAR EAST AND BALTIC COUNTRIES AMMONIUM SULFATE MARKET ANALYSIS

Market Challenges And Opportunities

Far East and Baltic Countries Ammonium Sulfate Market - Restraints

Low Content of Nitrogen in Ammonium Sulfate as compared to Urea and Ammonium Nitrate

Low content of nitrogen in ammonium sulfate as compared to urea and ammonium nitrate is expected to restrict the market growth of the ammonium sulfate. For instance, nitrogen content in ammonium sulfate is 21%, while that in urea and ammonium nitrate is 46.6% and 35% respectively.

• Growing Demand for Ammonium Sulfate from the Pharmaceutical Industry

Growing demand for ammonium sulfate from the pharmaceutical industry is expected to provide lucrative opportunities for the market of ammonium sulfate. These are used during the production of preparation of vaccines and other medication, and this is projected to drive the market growth of the ammonium sulfate. Thus, the growing demand for ammonium sulfate from the pharmaceutical industry is expected to drive the market growth of the ammonium sulfate.

• High Production of Crops due to the Vast Area

High production of crops due to the vast area of agricultural land in Europe is expected to provide enormous market opportunities to the market of the Far East and Baltic countries ammonium sulfate.  According to the European Environment Agency (EEA), 39 of the total land area in the region was enthralled by agriculture and grasslands in 2017. Therefore, growing crop product in the European region is projected to drive the market growth of the ammonium sulfate.