Italy Ammonium Sulfate Market Size & Outlook, 2023-2030
Italy ammonium sulfate market, 2018-2030 (US$M)
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Italy ammonium sulfate market highlights
- The Italy ammonium sulfate market generated a revenue of USD 118.1 million in 2023 and is expected to reach USD 153.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 3.8% 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 118.1 million |
| Market revenue in 2030 | USD 153.8 million |
| Growth rate | 3.8% (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, Italy accounted for 0.6% 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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Italy 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 71.3% in 2023. Horizon Databook has segmented the Italy ammonium sulfate market based on solid, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Trade Administration, the agriculture sector is one of the key contributors to the economy of Italy accounting for a share of 2.1% of the GDP of the country. Wheat, rice, tobacco, olives, stone fruit, sugar beets, and tomatoes are among the most cultivated crops in Italy. Italy is a major exporter of rice, followed by corn (maize).
Grapes and olives are also two of the widely exported crops of Italy. According to Olive Oil Times, Italy is the world’s second-largest producer of olive oil. These factors are anticipated to reflect steady demand for ammonium sulfate from the local fertilizer producers in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy ammonium sulfate market , including forecasts for subscribers. This country databook contains high-level insights into Italy ammonium sulfate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy ammonium sulfate market size, by type, 2018-2030 (US$M)
Italy Ammonium Sulfate Market Outlook Share, 2023 & 2030 (US$M)
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