Ammonium chloride Market Size, Share, Trends, Growth 2032

Ammonium Chloride Industry Prospective:

The global ammonium chloride market size was evaluated at $1489.3 million in 2023 and is slated to hit $2,156.71 million by the end of 2032 with a CAGR of nearly 4.20% between 2024 and 2032.

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The study includes drivers and restraints for the ammonium chloride market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the ammonium chloride market on a global level.

Ammonium Chloride Market Growth Drivers

Ammonium chloride is an inorganic compound in white crystalline form, which is highly soluble in water. The product is formed by the condensation of gases that are derived from the burning of coal. The ammonia chloride solutions are acidic in nature and are also widely used as a source of nitrogen in fertilizers.

Ammonium chloride is also found in volcanic vents. It can be produced by the reaction of ammonia and hydrochloric acid. Ammonium chloride is also obtained from the chemical process namely the Solvay process; it is also formed during the production of sodium carbonate, carbon dioxide, ammonia, and water. In Japan, around 230,000 tons of ammonium chloride is produced yearly, and a large part of it is used as a fertilizer for the cultivation of different crops like rice and others.

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The major factor that is supporting the growth of ammonium chloride is the increased demand from the fertilizer industry. Ammonium chloride is broadly used as a fertilizer for crops. It is also used in plants that yield fruits, vegetables, gardens, and others.

In the last few years, the availability of land for cultivation has decreased immensely; this is due to the rise in the global population and growing construction activities across the globe. This factor will considerably boost the growth of the ammonium chloride market as it is an organic compound that supports increase crop efficiency in limited cultivable land that is available.

Ammonium Chloride Market : Report Scope

Various key players in the market are making various developments, which are supporting the market growth. For instance, BASF which is one of the major manufacturers of ammonium chloride has developed a new product. The company manufactures food-grade ammonium chloride which serves as an excellent flavor agent; it is one of the purest ingredients that might be used in making delicious sweets. The ammonium chloride manufactured by BASF always meets the highest quality and purity standards.

Ammonium chloride Market: Competitive Space

The global Ammonium chloride market profiles key players such as:

• BASF SE
• Dallas Group of Central Glass Co. Ltd
• America Inc
• CNSG Anhui Hong Sifang Co. Ltd
• Jiangsu Huachang Chemical Co. Ltd
• Jiangsu Debang Chemical Industry Group Co. Ltd
• Dahua Group

The global ammonium chloride market is segmented as follows:

Global Ammonium chloride Market: Product Type Segment Analysis

• Agriculture Grade
• Industrial Grade
• Food Grade
• Reagent Grade
• Medical Grade
• Feed Grade

Global Ammonium chloride Market: Application Segment Analysis

• Agriculture Grade
• Industrial Grade
• Food Grade
• Reagent Grade
• Medical Grade
• Feed Grade

Global Ammonium chloride Market: Regional Segment Analysis 

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa