Ammonium Thiosulfate Market: Industry Analysis and Forecast (2021-2027) by Type and Application.

Ammonium Thiosulfate Market size was valued at US$ 326.54 Mn in 2020 and the total revenue is expected to grow at CAGR 5.74% through 2021 to 2027, reaching nearly US$ 482.63 Mn.

Ammonium Thiosulfate Market Overview:

Ammonium Thiosulfate is a non-toxic inorganic chemical compound produced by the reaction of ammonia, water, and sulfur dioxide. It is a white crystalline solid along with ammonia odor, hygroscopic nature, colorless, and readily soluble in water. The chemical formula of Ammonium Thiosulfate is (NH4)2S2O3 and is composed of ammonium and thiosulfate ions in a 2:1 ratio along with 12% of nitrogen and 26% of sulfur. It is primarily used as a fertilizer and photographic fixing salt. It is also used as a bleaching agent in paper and textiles to remove excess chlorine. It acts as an alternative for cyanide-based leaching of gold and silver. Ammonium Thiosulfate Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed specially with the impact of lockdown by region.

Ammonium Thiosulfate Market Dynamics:

The increasing use of Ammonium Thiosulfate Fertilizer in Agricultural applications, Industrial applications, and other industries is driving the growth of the Ammonium Thiosulfate market across the world. Ammonium Thiosulfate exerts inhibitory activity at a large agronomic rate of 2500-5000 mg/kg soil, which enhances the fertile rate of the soil. It also slows nitrification, the conversion of ammonium to nitrate, which can reduce the loss of nitrate to the air and water. When Ammonium Thiosulfate is added to soil, the product yields increase by 9% to 11%, and the efficiency of the soil is improved. According to the population consensus by the United Nation, the total world population is expected to increase by 40% to reach 9.15 billion in 2050, which would require a 70% overall increase in food production has to be doubled. Owing to the growing demand for crop production across the globe, demand for nitrogen & phosphate-based fertilizers is expected to grow in the forecast period. With the rising need for more nutrients in the soil, demand for ammonium thiosulfate is expected to increase significantly. Ammonium Thiosulfate acts as a source of sulfur for the formation of cadmium sulfide thin films for electronic applications. It is used in the treatment of copper-gold ores for the recovery of gold. It is also used in photographic fixers owing to this it is a so-called rapid fixer, acting more quickly than sodium thiosulfate fixers. Thanks to the increasing use of Ammonium thiosulfate in a large number of applications, it has witnessed a considerable increase in demand from diverse end-use industries such as agrochemicals, pharmaceuticals, water treatment, agriculture, and the mining sector among others. Furthermore, the Ammonium Thiosulfate Market is showing a northward direction growth due to the vast investment in the manufacturing industry, increased product sales, rising positive demand have a significant impact on the Ammonium Thiosulfate Market. The global Ammonium Thiosulfate market competition is highly fragmented, and leading companies have employed a variety of strategies to expand their footprints in this market, including expansions, agreements, joint ventures, partnerships, acquisitions, and others. The global market for Ammonium Thiosulfate has witnessed moderate growth during 2020, due to the sudden outbreak of Covid-19. A decrease in demand within the industrial sector resulted in a slight decline in sales. The strict government regulations imposed by the many developed & developing economies like the U.S., U.K., Japan, Germany, China, and India have caused supply chain disruptions. Nonetheless, technological developments, government funding for R&D, and untapped potential in emerging countries all present promising future growth.

Ammonium Thiosulfate Market Segment Analysis:

Based on the type the market is segmented into Solid and Liquid types. With the several applications of the solid types of Ammonium Thiosulfate, it captured the largest product segment, accounting for more than 68% of the market in 2020. The solid segment is expected to grow with the highest CAGR of 6.3% during the forecast period. The solid type segment is expected to remain the key segment type of Ammonium thiosulfate thanks to substantial demand for the inorganic compound for various other industries including mining and treatment of industrial wastewater. Ammonium Thiosulfate has different liquid and solid content, the liquid content is 56-60%, and the solid content is about 97%.Liquid Ammonium Thiosulfate is a suitable organic solvent for the organic compounds, it is an effective solvent than water but it is a worse solvent for inorganic compounds. Liquid Segment is expected to grow rapidly with a CAGR of 3.8%. Ammonium Thiosulfate Market Based on Application, the market is segmented into Fertilizers, Water Treatment Product, Industrial Fluid, Photochemical, and others. The fertilizers segment has registered a notable CAGR of 5.3%. It has acquired the highest market share of 37% by revenue over the forecast period, owing to increasing demand for Ammonium Thiosulfate in Grain Fertilizer, Cash Crop Fertilizer Agricultural Applications. As growing demand for this segment, manufacturers are focusing on the introduction of advanced technology for the product, which fuels a high growth rate for this segment. The industrial fluid segment is expected to grow significantly owing to Ammonium Thiosulfate has witnessed a noticeable increase in demand from diverse end-use industries such as agrochemicals, pharmaceuticals, water treatment, agriculture, and mining sector among others. The water Treatment Product and Photochemical segment is expected to grow rapidly owing to the efficient use of Ammonium Thiosulfate in both segments. Ammonium Thiosulfate Market

Ammonium Thiosulfate Market Regional Insights:

North America region is the largest Ammonium Thiosulfate market consumer in the world during 2020 and it has accounted for more than half of the global consumption of Market share around, 53.72% in terms of revenue. Growth in the region is supported by the presence of major producers and agriculture sector in the region. Europe Occupied significant Ammonium Thiosulfate Market share accounted for more than 28% in 2020. The Asia Pacific region is expected to grow significantly in the global Ammonium Thiosulfate market due to lower current market product penetration rates and rising awareness of sustainable agricultural essentials. The Middle East and African market is expected to grow at a slow pace due to poor demand. Ammonium Thiosulfate MarketThe objective of the report is to present a comprehensive analysis of the Ammonium Thiosulfate Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Ammonium Thiosulfate Market dynamic, structure by analyzing the market segments and project the Ammonium Thiosulfate Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Ammonium Thiosulfate Market make the report investor’s guide.

Ammonium Thiosulfate Market Scope: Inquire before buying

Ammonium Thiosulfate Market

Ammonium Thiosulfate Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Ammonium Thiosulfate Market Key Players

Tessenderlo Kerley • Hydrite Chemical • Rentech Nitrogen • Koch Fertilizer • Shakti Chemical • Haimen Wuyang Chemical • Juan Messina S.A. • TIB Chemicals AG • Showa Denko • Kugler • PCI Nitrogen • Esseco Srl • Martin Midstream Partners • Koch Nitrogen International Sarl

Frequently Asked Questions:

1] What segments are covered in Ammonium Thiosulfate Market report? Ans. The segments covered in Ammonium Thiosulfate Market report are based on type and Application type. 2] Which region is expected to hold the highest share in the Ammonium Thiosulfate Market? Ans. North America Region is expected to hold the highest share in the Ammonium Thiosulfate Market. 3] What is the market size of Ammonium Thiosulfate Market by2027? Ans. The market size of Ammonium Thiosulfate Market by 2027 is US $ 482.63 Mn. 4] Who are the top key players in the Ammonium Thiosulfate Market? Ans. Tessenderlo Kerley, Hydrite Chemical, Rentech Nitrogen, Koch Fertilizer, Shakti Chemical, Haimen Wuyang Chemical, Juan Messina S.A., TIB Chemicals AG, Showa Denko, Kugler, PCI Nitrogen, Esseco Srl, Martin Midstream Partners and Koch Nitrogen International Sarl. 5] What was the market size of Ammonium Thiosulfate Market in 2020? Ans. The market size of Ammonium Thiosulfate Market in 2020 was US $ 326.54 Mn.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Ammonium Thiosulfate Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Ammonium Thiosulfate Market 3.4. Geographical Snapshot of the Ammonium Thiosulfate Market, By Manufacturer share 4. Ammonium Thiosulfate Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Ammonium Thiosulfate Market 5. Supply Side and Demand Side Indicators 6. Ammonium Thiosulfate Market Analysis and Forecast, 2020-2027 6.1. Ammonium Thiosulfate Market Size & Y-o-Y Growth Analysis. 7. Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 7.1.1. Solid 7.1.2. Liquid 7.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 7.2.1. Fertilizers 7.2.2. Water Treatment Product 7.2.3. Industrial Fluid 7.2.4. Photochemical 7.3. Market Size (Value) Estimates & Forecast By Region, 2020-2027 7.3.1. North America 7.3.2. Europe 7.3.3. Asia-Pacific 7.3.4. Middle East & Africa 7.3.5. South America 8. Ammonium Thiosulfate Market analysis and Forecasts, by Region 8.1. Market Size (Value) Estimates & Forecast by Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia Pacific 8.1.4. Middle East and Africa 8.1.5. South America 9. North America Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 9.1.1. Solid 9.1.2. Liquid 9.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 9.2.1. Fertilizers 9.2.2. Water Treatment Product 9.2.3. Industrial Fluid 9.2.4. Photochemical 10. North America Ammonium Thiosulfate Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 12. Canada Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 13. Mexico Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 14. Europe Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 15. Europe Ammonium Thiosulfate Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 17. France Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 18. Germany Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 19. Italy Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 20. Spain Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 21. Sweden Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 22. CIS Countries Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 23. Rest of Europe Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 24. Asia Pacific Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 25. Asia Pacific Ammonium Thiosulfate Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates &Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 27. India Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 28. Japan Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 29. South Korea Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 30. Australia Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 31. ASEAN Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 32. Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 33. Middle East Africa Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 34. Middle East Africa Ammonium Thiosulfate Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 36. GCC Countries Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 37. Egypt Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 38. Nigeria Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 39. Rest of ME&A Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 40. South America Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 41. South America Ammonium Thiosulfate Market Analysis and Forecast, by country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 43. Argentina Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 44. Rest of South America Ammonium Thiosulfate Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Ammonium Thiosulfate Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Tessenderlo kerley 45.3.1.1. Company Overview 45.3.1.2. Hydrite Chemical 45.3.1.3. Rentech Nitrogen 45.3.1.4. Koch Fertilizer 45.3.1.5. Shakti Chemical 45.3.1.6. Haimen Wuyang Chemical 45.3.1.7. Juan Messina S.A. 45.3.1.8. TIB Chemicals AG 45.3.1.9. Showa Denko 45.3.1.10. Kugler 45.3.1.11. PCI Nitrogen 45.3.1.12. Esseco Srl 45.3.1.13. Martin Midstream Partners 45.3.1.14. Koch Nitrogen International Sarl 46. Primary Key Insights

About This Report

Report ID123171
Category Material & Chemical
Published DateOct 2021
Updated Date
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