Indonesia Ammonium Sulfate Market Size & Outlook
Indonesia ammonium sulfate market, 2018-2030 (US$M)
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Indonesia ammonium sulfate market highlights
- The Indonesia ammonium sulfate market generated a revenue of USD 1,966.9 million in 2023 and is expected to reach USD 2,879.8 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 5.6% 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 1,966.9 million |
| Market revenue in 2030 | USD 2,879.8 million |
| Growth rate | 5.6% (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, Indonesia accounted for 10.0% 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 Asia Pacific, China ammonium sulfate market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,246.8 million by 2030.
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Ammonium Sulfate Market Scope
Ammonium Sulfate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Indonesia 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 79.76% in 2023. Horizon Databook has segmented the Indonesia ammonium sulfate market based on solid, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
Agriculture contributes a share of ~13% to the overall economy of Indonesia. Agriculture sector in the country is largely dependent on smaller production modes and large plantations, which are both private as well as state-owned. The major crops cultivated in the country include rice, coffee, rubber, palm oil, cocoa, tea, tropical spices, and cassava.
Crops such as coffee, palm oil, rice, and various other fruits & vegetables grown in the native agricultural land require constant care in terms of various input supplies, including fertilizers, to ensure fast and healthy growth, which boosts the demand for ammonium sulfate in the country.
Moreover, in terms of water treatment operations, multiple companies are seeking opportunities to invest in the sector considering the growth potential. Only 75% of the country’s population has access to clean treated drinking water.
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Our clientele includes a mix of ammonium sulfate market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia ammonium sulfate market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia ammonium sulfate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia ammonium sulfate market size, by type, 2018-2030 (US$M)
Indonesia Ammonium Sulfate Market Outlook Share, 2023 & 2030 (US$M)
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