Ammonium Sulphate Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2031
Protein purification by precipitation can be performed for bulk protein synthesis and is quite inexpensive in comparison to other purification methods. Growing demand for protein purification by precipitation will fuel the ammonium sulphate market growth.
The demand for ammonium sulphate has been increasing significantly with rising demand of protein purification for production of insulin across the globe, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report.
According to a report published by the World Health Organization (WHO), around 1.5 Mn people died from diabetes. Also, premature mortality rate due to diabetes is high in low and middle income countries. Unprecedented rise in diabetic patients has increased the demand for manufacturing of insulin and other biopharmaceutical drugs. Insulin is produced by protein purification which requires ammonium sulphate as a precipitating agent.
Ammonium sulphate experienced a surge in demand during the Covid-19 pandemic. Regular surface disinfecting was made necessary during pandemic in order to break the viral transmission leading to surging demand of disinfectants.
Ammonium sulphate is an excellent surface disinfectant and is used in majority of disinfectants. With rise in demand for disinfectants a reasonable growth in ammonium sulphate market was observed throughout the 2020.
Key Takeaways from FMI’s Ammonium sulphate Market Study
- Rapid development in vaccine and surge in demand for disinfectants in U.S will bolster demand across the country.
- The U.K is expected to offer growth opportunities as governments and private organizations are working towards implementing ammonium sulphate in water filtration and treatment processes.
- Rising demand for legumes and pulse cultivation will increase ammonium sulphate adoption across Germany.
- Sluggish growth can be experienced in China due to implementation of “Zero Increase of Fertilizer Use” program, and increasing adoption of organic fertilizers.
- India is expected to exhibit impressive market growth owing to increase in population and rising efforts towards becoming self reliant in fertilizers production.
“Rising government efforts towards spreading awareness regarding proper use of nitrogenous fertilizers will amplify sales of ammonium sulphate during the forecast period,” says the FMI analyst.
Read Full Report – https://www.futuremarketinsights.com/reports/western-european-buyers-eying-asian-suppliers-for-uninterrupted-ammonium-sulphate-supply-market
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