Industrial Far East & Baltic Countries Ammonium Sulfate Market To Partake Significant Development During 2027


Ammonium sulfate is made by treating ammonia with sulfuric acid. It is widely used in the food industry as an additive to enhance the taste of products. Food processing, animal feed, textile dyeing, and pharmaceutical are some of the major end-user of the ammonium sulfate. Ammonium sulfate promotes photosynthesis in plants and also work as a building block. There is an increasing demand for ammonium sulfate worldwide. This can attributed to the growing demand for food due to the increasing population in the Far East and Baltic countries. Thus, there is an increasing demand for ammonium sulfate as a fertilizer in these countries, driving the growth of the Far East & Baltic countries ammonium sulfate market.

For example, in April 2020, PhosAgro announced that its fertilizer sales in 1Q 2020 increased by 10% year-on-year to 2.8 million tons. Moreover, as part of the strategy to 2025, PhosAgro launched and ramped up its production line for synthetic ammonium sulphate in Russia to full capacity, to reduce its purchases of ammonium by more than 50%.

Read More: https://bit.ly/3sbW81z

Comments

Popular posts from this blog

U.S. Meibomian Gland Dysfunction Market is growing rapidly with ThermaMEDx introducing a self-healing, disposable, pre-moistened, sterile cleaning eye-pad for use in treating the symptoms of dry eyes and meibomian gland dysfunction

Boston Sci Launched A New Device For Erectile Dysfunction Devices Market

Bakeable Trays Market Estimated To Develop At Cagr at 4.8% During Estimate Duration 2019-2027