Ammonium chloride market is partially fragmented, with majority of the world’s production highly concentrated in China, which accounts for nearly 70% of global exports.
Ammonium chloride is a widely used fertilizer in paddy cultivation. Being a nitrogenous fertilizer, its demand will intensify with higher growth in rice cultivation globally.
Demand for pharma grade ammonium chloride is anticipated to grow in sync with the demand for OTC cold & cough medicines. Besides, ammonium chloride is also used in animal medication to prevent the formation of stones in kidney and bladder of grazing animals.
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Key findings of the Ammonium Chloride market study:
Regional breakdown of the Ammonium Chloride market based on predefined taxonomy.
Innovative manufacturing processes implemented by Ammonium Chloride vendors in detail.
Region-wise and country-wise fragmentation of the Ammonium Chloride market to grasp the revenue, and growth outlook in these areas.
Changing preferences among consumers across various regions and countries.
Factors (Positive and Negative) impacting the growth of the global Ammonium Chloride market.
The global supply of ammonium chloride has been concentrated in selected countries such as China, India, and Germany. Prominent players with established market presence in global ammonium chloride market include Haohua Junhua Group Co Ltd, Hangzhou Jingang Chemical CO., LTD., Dahua Group Dalian Chemical Co., Ltd., Tuticorin Alkali Chemicals & Fertilisers Ltd., BASF SE, and Zaclon LLC.
Manufacturers are trying to reinforce their position in the market by providing cost-effective solutions. Global Ammonium chloride market is dominated by Chinese suppliers, of which the top five companies account for around 17% share of the global supply.
China remains the largest exporter of ammonium chloride, accounting for around 70% of the global exports. With such large export quantities and import dependency, the on-going trade wars and geopolitics can have a huge impact on the global ammonium chloride market.
MEA and Latin America have limited ammonium chloride production for which these regions remain to be the major importers of ammonium chloride.
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