Top 10 Ammonium Sulfate Suppliers: The Competitive Landscape Explained

The globally rising population and concerns associated with food security have led regulatory bodies to look for solutions that would help enhance agricultural productivity across the globe. This is anticipated to provide a host of opportunities for companies operating in the ammonium sulfate industry. The compound finds an extensive application in fertilizers, offering a range of advantages across the agriculture industry, such as the enhancement of the organic content of the soil and nutrient assimilation by plants. The compound also helps in improving food quality and reducing the cost of foliar applications and pest damage. According to the FAO (Food and Agriculture Organization), the global supply of ammonia for use in fertilizers reached 160,492 million tons in the year 2020.

In addition to agriculture, ammonium sulfate is used for various industrial applications, including water treatment, leather processing, feed additives, flame retardants, and textile dyeing, among others. Therefore, top ammonium Sulfate suppliers are placing a heightened emphasis on harnessing the available opportunities to strengthen their industry positions. The global market for ammonium sulfate is set to touch USD 13.00 billion by 2032, up from a value of USD 8.58 billion in 2024, expanding at a CAGR of 5.3% from 2024 to 2032, cites Fortune Business Insights. In 2023, the market size hit a valuation of USD 8.20 billion. Leading companies are forging strategic alliances for sales promotion and building brand recognition. They are also focused on developing and bringing new solutions to the market.

The top 10 players operational in the global market are as follows:

1. BASF SE: 

BASF SE, one of the top ammonium Sulfate suppliers, is operational in six segments, including surface technologies, industrial solutions, materials, chemicals, agricultural solutions, and nutrition & care. The company operates in more than 93 countries and has a wide product portfolio that comprises various agricultural solutions, chemicals, oil & gas products, performance products, and plastics. The chemicals segment of the company produces several intermediates, basic chemicals, and specialties, including catalysts, monomers, plasticizers, and solvents. In 2023, the company’s revenues reached USD 78.70 billion.

2. Evonik Industries AG:

Evonik Industries AG has manufacturing sites at 104 locations in more than 27 countries. The company’s products are used in an extensive range of applications such as high-performance materials, coatings and adhesives, personal care products, and animal feed and nutrition. The ammonium sulfate provider operates in five major segments that include technology & infrastructure, performance materials, nutrition & care, specialty chemicals, and smart materials. In July 2022, the company made big news for inking a supply agreement with IOC (Interoceanic Corporation) for the supply of blueSulfate.

3. Sumitomo Chemical Co., Ltd.: 

Sumitomo Chemical is focused on the development of sustainable solutions for a range of industries and is involved in various R&D activities. The company operates in five sectors, including pharmaceuticals, health & crop sciences, IT-related chemicals, energy & functional materials, and essential chemicals & plastics. The company envisions to enhance the life of people across the globe and solve problems in the areas of environment, resources, food, and energy. The revenues of the ammonium sulfate provider reached USD 21.89 billion in 2022.

4. LANXESS: 

LANXESS develops, produces, and markets chemical intermediates, additives, and consumer protection products. The company operates in three segments: consumer protection, advanced industrial intermediates, and specialty additives. It intends to be carbon neutral by 2040. In 2023, its revenues touched USD 8.50 billion.

5. Domo Chemicals:

Domo Chemicals is a major supplier of numerous finished products and intermediates for nylon, including Polyamide 66 and Polyamide 6, and offers ammonium sulfate under its intermediate portfolio. The company provides highly integrated solutions and has 10 manufacturing sites and eight sales offices worldwide. In 2022, Domo Chemicals’ revenues hit USD 2.19 billion.

6. Arkema S.A.: 

Arkema S.A. manufactures and sells various chemicals through four key segments, including intermediates, coating solutions, advanced materials, and adhesive solutions. The company manufactures products that cater to numerous end-use sectors, such as consumer goods, paints and coatings, electronics and energy, building and construction, and other industries. In 2022, the company generated a revenue of USD 10.50 billion.

7. DSM Corporation: 

DSM Corporation is known for producing nutritional products, materials, and chemicals and caters to the requirements of several industries, such as electronics, automotive, healthcare, and food and beverage. The company’s nutritional products division is centered on the development and production of advanced ingredients that ensure health and wellness. The company’s revenues hit a valuation of USD 8.84 billion in 2022.

8. SINOPEC AMSUL FERTILIZER CO., LTD: 

SINOPEC AMSUL FERTILIZER CO., LTD. is known for producing ammonium sulfate as a by-product of caprolactam and is one of the top ammonium sulfate suppliers in China. The company is dedicated to providing good-quality products to its clients through resource and technology advantage.

9. LUXI Group:

LUXI group caters to the requirements of various industries, such as research and development, chemical engineering, chemical equipment, fluorine and silicon chemicals, new materials, chemical, and new energy equipment. The company has established technical research organizations such as the European R&D Center, Provincial Engineering Laboratory, Postdoctoral Workstation, State-level Technical Center, and Academician Workstation.

10. Fibrant:

Fibrant, part of the HSCC (Highsun Group China), is a key producer and supplier of high-quality services and chemicals. The company aspires to be a market leader in ammonium sulfate, cyclohexanone, and caprolactam. It has supply agreements with numerous global blenders and distributors of fertilizers. Fibrant’s production facilities are situated in China and the Netherlands.

Forthcoming Years to Witness an Escalated Demand from the Healthcare and Industrial Sectors

In the years to come, ammonium sulfate is anticipated to record extensive usage across the industrial sector for NMR spectroscopy, wood preservation, and other applications. The compound is also set to foresee an elevated demand from the healthcare sector as an ingredient in various vaccines. These aspects, in tandem with the mounting demand for agrochemicals, are slated to favor product adoption across various regions.