Ammonium Thiosulphate Fertilizer Market By Form (Granules, Liquid), By Type (Soil Fertilizers, Foliar Fertilizers), By End-Use Industry (Agriculture/Farming, Horticulture, Turf and Lawn Care), and By Region; Global Insights & Forecast (2024 - 2030)

As per Intent Market Research, the Ammonium Thiosulphate Fertilizer Market was valued at USD 1.1 billion in 2023 and will surpass USD 1.9 billion by 2030; growing at a CAGR of 7.6% during 2024 - 2030.

The ammonium thiosulphate fertilizer market is experiencing significant growth, driven by its essential role in enhancing agricultural productivity. Ammonium thiosulphate is primarily used as a nitrogen and sulfur-based fertilizer, which supports plant growth by providing essential nutrients that aid in the development of robust crops. The product is available in different forms, including granules and liquid, allowing for various application methods. Ammonium thiosulphate fertilizers are gaining prominence due to their ability to improve soil quality, promote healthy plant growth, and enhance crop yields.

As farmers and agricultural producers seek more efficient and sustainable fertilizer options, ammonium thiosulphate continues to rise in popularity. With increasing demand for high-performance fertilizers to meet the challenges of modern farming, the market is expected to witness continued expansion, particularly in regions with large-scale agricultural activities.

Liquid Ammonium Thiosulphate Fertilizer Is Largest Due to Versatility in Application

Liquid ammonium thiosulphate fertilizers dominate the market due to their versatility and ease of application. The liquid form allows for efficient and uniform distribution over crops, ensuring that plants receive consistent nutrient supply. Additionally, the liquid form is often preferred in fertigation systems, where fertilizers are applied through irrigation, ensuring that the nutrients reach the plant roots effectively. The liquid form also allows for easier mixing with other fertilizers and plant protection products, making it a preferred choice for large-scale agricultural operations.

As liquid fertilizers are increasingly adopted in precision farming and modern irrigation systems, their market share is expected to continue growing. The flexibility and convenience offered by liquid ammonium thiosulphate fertilizers contribute to their dominance in the market, especially in large agricultural regions.

Soil Fertilizers Is Fastest Growing Segment Due to Increased Adoption in Crop Cultivation

Soil fertilizers are the fastest-growing segment in the ammonium thiosulphate fertilizer market, driven by the increasing adoption of this fertilizer type in soil-based crop cultivation. Soil fertilizers are widely used to improve soil fertility and promote nutrient uptake in plants, making them essential for sustainable farming practices. The rising demand for high-yield crops, coupled with the need for improved soil quality and balanced nutrition, is fueling the growth of soil-based ammonium thiosulphate fertilizers.

The growing trend of sustainable farming practices and the need for more efficient fertilization methods are contributing to the rapid growth of soil fertilizers. As more farmers shift towards using soil fertilizers for improved crop yields and soil health, this segment is expected to see strong growth in the coming years.

Agriculture/Farming End-Use Industry Is Largest Due to Dominance in Crop Production

The agriculture and farming end-use industry is the largest segment in the ammonium thiosulphate fertilizer market, owing to its extensive use in crop production. Fertilizers, particularly ammonium thiosulphate, play a crucial role in boosting agricultural productivity by providing crops with the necessary nutrients for healthy growth. The fertilizer’s ability to improve nitrogen uptake and sulfur content in soil makes it essential for both conventional and organic farming practices.

As global food demand increases and sustainable agricultural practices gain traction, the agriculture and farming industry will continue to drive the growth of ammonium thiosulphate fertilizers. The demand for efficient, high-quality fertilizers will remain a key factor in supporting the agricultural sector's productivity.

North America Region Is Largest Due to Advanced Agricultural Practices

North America is the largest market for ammonium thiosulphate fertilizers, driven by the region’s advanced agricultural practices and extensive use of fertilizers in crop production. The U.S. and Canada, in particular, have large agricultural sectors that heavily rely on fertilizers to maintain high crop yields. The adoption of precision farming, advanced irrigation systems, and modern fertilizer application techniques in North America has contributed to the region’s dominance in the ammonium thiosulphate fertilizer market.

With growing demand for sustainable farming and innovations in agricultural technologies, North America is expected to continue leading the market. The region’s focus on increasing agricultural productivity and minimizing environmental impact will drive the continued growth of ammonium thiosulphate fertilizers.

Leading Companies and Competitive Landscape

The ammonium thiosulphate fertilizer market is competitive, with several key players dominating the landscape. Leading companies such as Nutrien Ltd., Yara International, and Tessenderlo Group are significant contributors to the market, offering a wide range of ammonium thiosulphate fertilizers in both liquid and granule forms. These companies focus on research and development to improve the efficiency of their products, ensuring that they meet the evolving needs of the agricultural industry.

The competition in the ammonium thiosulphate fertilizer market is expected to intensify as companies innovate to offer more sustainable and efficient products. Strategic partnerships, mergers, and acquisitions will likely play a key role in expanding market share and enhancing product offerings. As the agricultural sector shifts towards more eco-friendly and high-performance solutions, the competitive landscape will continue to evolve, with leading companies focusing on providing value-added products and services.

Recent Developments:

• In November 2024, Nutrien Ltd. expanded its ammonium thiosulphate production capacity to meet increasing demand in North America.
• In October 2024, Yara International ASA launched a new line of ammonium thiosulphate fertilizers designed for precision farming applications.
• In September 2024, CF Industries announced a strategic partnership to increase the availability of ammonium thiosulphate fertilizers in Latin America.
• In August 2024, Haifa Group introduced an ammonium thiosulphate-based product for horticulture to improve plant health and growth.
• In July 2024, Mosaic Co. began a new research initiative focused on improving the efficiency of ammonium thiosulphate as a sulfur source in crop production.

List of Leading Companies:

• Nutrien Ltd.
• Yara International ASA
• Mosaic Co.
• CF Industries
• Haifa Group
• Koch Industries
• Israel Chemicals Ltd. (ICL)
• The Dow Chemical Company
• Agrium Inc.
• Uralchem JSC
• Acron Group
• Sinofert Holdings Limited
• PhosAgro
• Belaruskali
• K+S AG

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