UK Ammonium Sulfate Market Size & Outlook, 2023-2030
UK ammonium sulfate market, 2018-2030 (US$M)
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UK ammonium sulfate market highlights
- The UK ammonium sulfate market generated a revenue of USD 191.8 million in 2023 and is expected to reach USD 247.6 million by 2030.
- The UK market is expected to grow at a CAGR of 3.7% 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 191.8 million |
| Market revenue in 2030 | USD 247.6 million |
| Growth rate | 3.7% (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, UK accounted for 1.0% 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 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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UK 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 85.71% in 2023. Horizon Databook has segmented the UK ammonium sulfate market based on solid, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
According to the National Institute of Economic and Social Research, agricultural practices in the UK are mainly carried out in rural areas, which comprise less than 2% of the overall workforce in the country. Only 60% of the food consumed in the UK is grown locally.
However, the country has the potential to reduce its agricultural imports to a large extent owing to the availability of skilled labor and fertile land as well as favorable government subsidies.
The use of synthetic fertilizers in the UK has decreased over the years in an effort to retain soil fertility and preserve the quality of underground water reserves. The country is observed to import most of its fertilizer requirements from countries such as Germany, France, Italy, Morocco, Algeria, and Egypt to meet the local demand.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK ammonium sulfate market , including forecasts for subscribers. This country databook contains high-level insights into UK ammonium sulfate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK ammonium sulfate market size, by type, 2018-2030 (US$M)
UK Ammonium Sulfate Market Outlook Share, 2023 & 2030 (US$M)
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