Germany Ammonium Sulfate Market Size & Outlook, 2023-2030
Germany ammonium sulfate market, 2018-2030 (US$M)
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Germany ammonium sulfate market highlights
- The Germany ammonium sulfate market generated a revenue of USD 359.3 million in 2023 and is expected to reach USD 437.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, solid was the largest revenue generating type in 2023.
- Liquid 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 359.3 million |
| Market revenue in 2030 | USD 437.5 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Solid |
| Fastest growing segment | Liquid |
| 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, Germany accounted for 1.8% 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 Europe, France ammonium sulfate market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 86.0 million by 2030.
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Ammonium Sulfate Market Scope
Ammonium Sulfate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 80.71% in 2023. Horizon Databook has segmented the Germany ammonium sulfate market based on solid, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
The country has many regional variations in the structure of farms like very large cooperatives in east and smaller family farms in the south of Germany. The agricultural soil in Germany is very fertile and also variable across the nation. Agriculture is also an important sector in its economy and organic as well as chemical fertilizers are extensively used by the native farming communities.
The fertilizers market in this country is driven by technological innovations in the agricultural sector, as well as growing awareness about the benefits of fertilizer usage. The exponential growth of the urban population, with limited arable land area, has played a huge role in the growth of the fertilizers market, including ammonium sulfate-based fertilizers, in Germany.
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Our clientele includes a mix of ammonium sulfate market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany ammonium sulfate market , including forecasts for subscribers. This country databook contains high-level insights into Germany ammonium sulfate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany ammonium sulfate market size, by type, 2018-2030 (US$M)
Germany Ammonium Sulfate Market Outlook Share, 2023 & 2030 (US$M)
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