The Upcoming trend gaining momentum in the market is the growing use of ammonium chloride in cough medicines and food products.
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Synopsis of Global Ammonium chloride Market:
Growing use of ammonium chloride in cough medicines and food products to trend in the market. ammonium chloride is extensively used as an expectorant in cough medicines. It is significantly used in dietary supplements, such as yogurts. ’s analysts have predicted that the ammonium chloride market will register a CAGR of almost 3% by 2022.
Ammonium chloride is an inorganic compound with the formula NH4Cl and a white crystalline salt that is highly soluble in water. Solutions of ammonium chloride are mildly acidic. Sal ammoniac is a name of the natural, mineralogical form of ammonium chloride. The mineral is commonly formed on burning coal dumps from condensation of coal-derived gases. It is also found around some types of volcanic vents. It is mainly used as fertilizer and a flavouring agent in some types of liquorice. It is the product from the reaction of hydrochloric acid and ammonia.
Global Ammonium chloride Market: Description
Increased demand from APAC: The market in APAC is dominated by India due to increasing population and growing end-user industries. The increased agricultural production and high exports from Japan and China significantly drive the demand for ammonium chloride.
Availability of substitutes: The availability of substitutes and alternate products, such as potassium chloride, ammonium nitrate, and urea can significantly hinder the growth of the ammonium chloride market.
For the detailed list of factors that will drive and challenge the growth of the ammonium chloride market during the 2018-2022, view our report.
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A separate section with Ammonium Chloride industry key players is included within the report, which provides a comprehensive analysis of value, cost, gross, revenue, product picture, specifications, company profile, and contact information.
Key Manufacturers:
The market appears to be fragmented and with the presence of several companies including ProChem and Zaclon the competitive environment is quite intense. Factors such as the growing use of ammonium chloride in cough medicines and food products and the increased demand from APAC, will provide considerable growth opportunities to ammonium chloride manufactures. BASF, Dahua Group Dalian Guanlin International Trade, LIANYUNGANG GRACE FERTILIZER, ProChem, Tuticorin Alkali Chemicals and Fertilizers, and Zaclon are some of the major companies covered in this report.
Regional Coverage: Americas, EMEA, APAC
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Detailed TOC of Global Ammonium Chloride Market 2018-2022
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
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“The latest trend gaining momentum in the market is the growing use of ammonium chloride in cough medicines and food products.” According to the report, one of the major drivers for this market is the increased demand from APAC. Further, the report states that one of the major factors hindering the growth of this market is the availability of substitutes and alternate products. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Source: MarketersMedia
Release ID: 471644
