Global Ammonium Thiosulfate Market: Market Driver and Restraint
Applications of Ammonium Thiosulfate are anticipated to create new business segments in the market. Ammonium Thiosulfate is in use for a broad range of Grain Fertilizer products such as Corn, Wheat & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Ammonium Thiosulfate application is developed towards a more active mode.
Manufacturers are exploring the potential of Ammonium Thiosulfate in Industrial Applications. Application of Ammonium Thiosulfate in canola are gaining traction in the recent years. Recently, manufacturers have started using Ammonium Thiosulfate in the Cash Crop Fertilizer area. Further, there are also potential uses in the areas of tobacco.
Global Ammonium Thiosulfate Market: Key Takeaways
· On the one hand, Ammonium Thiosulfate manufacturers are dedicated to lowering their manufacturing cost; on the other hand, they try to provide more qualified products to customers.
· Besides, they are trying to broaden the applications of Ammonium Thiosulfate such as Cash Crop Fertilizer.
· Consumers are generally quick-change, to get or use newfangled products, better experience, better convenience and more quicker; to find and meet the needs of consumers, and exceeding expectation, better service.
Global Ammonium Thiosulfate Market: Forecast by Form
This segment includes Ammonium Thiosulfate Solid, Ammonium Thiosulfate Liquid, etc. In terms of volume, Ammonium Thiosulfate Solid segment is expected to remain dominant in the global Ammonium Thiosulfate market.
Global Ammonium Thiosulfate Market: Forecast by Region
North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. USA is the dominant market in the global 1, 2-Propanediol market in terms of value. The USA1, 2-Propanediol market was estimated to be valued at US$ 152.26 Mn in 2017 and is expected to expand at a value CAGR of 5.7% over the forecast period. The South America market is expected to expand at a robust rate of 5.7% in terms of revenue over the forecast period due to the steadily increasing production capacity for Corn products in this region.
Global Ammonium Thiosulfate Market: Key Players
Tessenderlo Group, Martin Midstream Partners, Poole Chem, TIB Chemicals, Esseco, PCI Nitrogen (Rentech Nitrogen), Koch Fertilizer, Mears Fertilizer, Kugler, Agrium, R.W. Griffin, Plant Food, Hydrite Chemical, Haimen Wuyang Chemical, Juan Messina, Shakti Chemicals, etc. are the key vendors included in this report.
The market of Ammonium Thiosulfate is fragmented. Of the 2017 global market, the top 10 companies, all multinational, account for less than 0.4 of sales. Tessenderlo Group Chemical is by far the leader, followed by Martin Midstream Partners and Poole Chem. A number of producers are in China, many small and domestic. However, there are also multinational producers that supply high-quality product to the export-oriented market.
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