Worldwide consumption of ammonium thiosulfate is estimated at US$ 373 Mn in 2022. Further, the global ammonium thiosulfate is forecast to reach a valuation of US$ 802 Mn by 2032, expanding at a CAGR of 7.9% during 2022-2032.According to latest analysis by Fact.MR, ammonium thiosulfate fertilizer market value is forecast to reach US$ 802 Mn by 2032-end, and is projected to account for nearly 2% of global fertilizer sales value. Meanwhile, ammonium thiosulfate consumption is projected to increase at a CAGR of around 7.9% over the decade.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. The examiners have utilized broad rounds of essential and far reaching optional exploration at Fact.MR to show up at different assessments and projections for Demand of Ammonium Thiosulfate Market both at worldwide and provincial levels.
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Market Players: –
- Tessenderlo Kerley, Inc.
- Koch Nitrogen International Sarl
- Kugler Co.
- Martin Midstream Partners
- TIB Chemicals AG
- Esseco Srl
- PCI Nitrogen
- Shakti Chemicals
High Corn Cultivation Driving Demand for Ammonium Thiosulfate”
Over the past decade, corn production and consumption has grown considerably. This is mainly attributed to corn being rich in antioxidant contents and vitamin C. Owing to this, there is high demand for corn in the U.S., which has emerged as the leading producer and consumer of corn, globally.
For instance, according to USDA, in 2021, U.S. corn producers were able to grow around 15.1 billion of bushels, which was up 7% from 2020. Since sulphur has been identified as an important source of nutrient for corn production, record production of bushels since the past half-decade has provided a positive outlook for ammonium thiosulfate manufacturers.
The U.S. ammonium thiosulfate solution market is poised to provide a high absolute dollar opportunity worth US$ 169 Mn over the period of 2022-2032.
Tessenderlo Kerley, Inc., Koch Nitrogen International Sarl, Kugler Co., Martin Midstream Partners, TIB Chemicals AG, Esseco Srl, PCI Nitrogen, and Shakti Chemicals are some of the major players in the powder ammonium thiosulfate market.
- In October 2020, TIB Chemicals built new storage tanks for ATS (ammonium thiosulfate). Since TIB chemicals has been focusing on the efficient supply and distribution of ATS, the construction of storage tanks will enhance the company’s supply chain capabilities.
- In May 2021, Koch Fertilizers announced building of ATS storage capacity of total 2 million gallons. This step has been undertaken to meet growing demand for ATS. Storage capacity built by Koch Fertilizer comes equipped with features such as internal coating and insulation. This will ensure adequate supply of ammonium thiosulfate, especially in the U.S. where production of corn has picked up record pace.
Fact.MR has provided detailed information about the price points of top ammonium thiosulfate manufacturers positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion, in the recently published report.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Key Segments of Ammonium Thiosulfate Industry Survey
- By Grade:
- Photographic Ammonium Thiosulfate
- Industrial Ammonium Thiosulfate
- By End Use:
- Herbicide Safeners
- Liquid Fertilizers for Arable Crops
- Leachants (for Mining)
- Photographic Fixing Salt
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The data provided in the Ammonium Thiosulfate Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.