Ammonium Thiosulfate Market Size, Share, Report 2024-2032

(MENAFN- Meridian Market Consultants) The Reports and Insights, a leading market research company, has recently releases report titled “Ammonium Thiosulfate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Ammonium Thiosulfate Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Ammonium Thiosulfate Market?

The global ammonium thiosulfate market was valued at US$ 378.9 million in 2023, and is expected to register a CAGR of 7.1% over the forecast period and reach US$ 701.9 million in by the end of year 2032.

What are Ammonium Thiosulfate?

Ammonium thiosulfate, with the chemical formula (NH4)2S2O3, is a white crystalline solid utilized predominantly in agriculture as a sulfur and nitrogen source for fertilizers. It also finds application in photographic fixing agents, water treatment, and as a reducing agent in diverse chemical processes. Its notable property of reducing soil compaction and enhancing soil structure makes it a valuable ingredient in soil amendment formulations.

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What are the growth prospects and trends in the Ammonium Thiosulfate industry?

The ammonium thiosulfate market growth is driven by various factors and trends. The market for Ammonium Thiosulfate is growing due to its extensive utilization in agriculture as a fertilizer, especially in regions facing sulfur deficiency challenges. Its appeal lies in its dual function as a sulfur and nitrogen source, making it a preferred choice for farmers aiming to enhance crop productivity and soil quality. Moreover, its usage in industrial applications like photographic fixing and water treatment adds to its market demand. As awareness of its advantages in agriculture and other sectors increases, the market is anticipated to expand further. Hence, all these factors contribute to ammonium thiosulfate market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Ammonium Thiosulfate Market Segmentation:

By Type

Ammonium Thiosulfate Solid
Ammonium Thiosulfate Liquid

By Application

Fertilizer
Grain Fertilizer
Cash Crop Fertilizer
Photographic Fixers
Metal Leaching

North America

United States
Canada

Europe

Germany
United Kingdom
France
Italy
Spain
Russia
Poland
Benelux
Nordic
Rest of Europe

Asia Pacific

China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific

Latin America

Brazil
Mexico
Argentina

Middle East & Africa

Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Tessenderlo Group
Martin Midstream Partners
Poole Chem
TIB Chemicals
Esseco
PCI Nitrogen (Rentech Nitrogen)
Koch Fertilizer
Mears Fertilizer
Kugler
Agrium (now Nutrien)
R.W. Griffin
Hydrite Chemical
Haimen Wuyang Chemical
Juan Messina
Shakti Chemicals
Bunge Limited

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