“Data Bridge Market Research” has recently added a concise research on the Ammonium Salts Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are JAPAN NEW METALS CO., LTD, Rishi Chemical., TATVA CHINTAN PHARMA CHEM PVT. LTD., Fertinagro India Pvt. Ltd, Chemcon Speciality Chemicals Private Limited., Eltee Fertilizers
Global ammonium salts market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising applications of ammonium salt and increasing usage of ammonium in agriculture are the factor for the growth of this market.
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Top Manufacturers Covered in the Report:
Few of the major competitors currently working in the global ammonium salts market are JAPAN NEW METALS CO., LTD, Rishi Chemical., TATVA CHINTAN PHARMA CHEM PVT. LTD., Fertinagro India Pvt. Ltd, Chemcon Speciality Chemicals Private Limited., Eltee Fertilizers, Yash Chemicals., JAINSON CHEMICALS, NIKITA TRANSPHASE ADDUCTS PVT. LTD., Merck KGaA, Chemaux Enterprises, Tokyo Chemical Industry Co., Ltd., Alfa Aesar, Thermo Fisher Scientific; Zaclon LLC, Penta Bioscience Products., Arkema, Cayman Chemical, AGI Industries., Kemcolour International, and others.
Market Definition: Global Ammonium Salts Market
Ammonium is an ion which is obtained from ammonia by combination with hydrogen ion and with the compounds which have similar properties of the alkali metals. In simple words they are composed by nitrogen and hydrogen atoms. They are colorless and pungent gas. Some of the common ammonium salts are ammonium sulfate, ammonium nitrate, ammonium phosphates and others.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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Segmentation: Global Ammonium Salts Market
Global Ammonium Salts Market By Type (High Purity, Low Purity)
Application (Catalyst, Textile and Leather, Agriculture, Plastic Industry, Others)
Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Global ammonium salts market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ammonium salts market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
- Rising usage of ammonium sulfate in fertilizers will drive the market growth
- Usage of ammonium in various household cleaning products will also accelerate the market growth
- Increasing usage of ammonia in the manufacturing of plastics, fabrics, pesticides and others are another factor contributing in the growth of this market
- Rising usage of solid ammonium sulphate in leather products will also enhance the market growth
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