Egypt Ammonium Sulfate Market Size & Outlook, 2023-2030
Egypt ammonium sulfate market, 2018-2030 (US$M)
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Egypt ammonium sulfate market highlights
- The Egypt ammonium sulfate market generated a revenue of USD 150.6 million in 2023 and is expected to reach USD 177.7 million by 2030.
- The Egypt market is expected to grow at a CAGR of 2.4% from 2024 to 2030.
- In terms of segment, solid was the largest revenue generating type in 2023.
- Solid is the most lucrative type segment registering the fastest growth during the forecast period.
Ammonium sulfate market data book summary
| Market revenue in 2023 | USD 150.6 million |
| Market revenue in 2030 | USD 177.7 million |
| Growth rate | 2.4% (CAGR from 2023 to 2030) |
| Largest segment | Solid |
| Fastest growing segment | Solid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid, Liquid |
| Key market players worldwide | Basf SE, Evonik Industries AG, Lanxess AG, Novus Holdings Ltd, Sumitomo Chemical Co Ltd, Honeywell International Inc, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, Egypt accounted for 0.8% of the global ammonium sulfate market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Egypt ammonium sulfate market is projected to lead the regional market in terms of revenue in 2030.
- Egypt is the fastest growing regional market in Middle East & Africa and is projected to reach USD 177.7 million by 2030.
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Ammonium Sulfate Market Scope
Ammonium Sulfate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Egypt ammonium sulfate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ammonium sulfate market will help companies and investors design strategic landscapes.
Solid was the largest segment with a revenue share of 87.65% in 2023. Horizon Databook has segmented the Egypt ammonium sulfate market based on solid, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Fund for Agricultural Development, agriculture is a key sector in the economy of Egypt as it provides livelihood to 57.0% of the population of the country. This sector of the country is dominated by small farms carrying out traditional agricultural practices. Egypt recorded 86% of its overall treated water resource deployed for agricultural purposes.
This coupled with an increase in farming innovations is projected to enhance the demand for various agricultural inputs such as fertilizers for boosting overall cultivation in the country. These factors are cumulatively anticipated to increase the demand for ammonium sulfate in water treatment and fertilizer production applications over the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Egypt ammonium sulfate market , including forecasts for subscribers. This country databook contains high-level insights into Egypt ammonium sulfate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Egypt ammonium sulfate market size, by type, 2018-2030 (US$M)
Egypt Ammonium Sulfate Market Outlook Share, 2023 & 2030 (US$M)
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