Ammonium Chloride Market

Ammonium Chloride Market

Ammonium Chloride Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

  • XPLREP4473

  • November, 2019

  • 170 Pages

  • Chemicals

Global Ammonium Chloride Market Expands at a CAGR of 4.0% Through Forecast Period

Ammonium chloride is an inorganic compound that finds usage in a wide variety of applications, owing to its physical properties. Ammonium chloride is predominantly used as a flux in the soldering, galvanizing and coating processes of metals, and is also used for maintenance of pH value. Furthermore, ammonium chloride finds significant applications in the production of OTC cold and cough medicines, as an expectorant. Backed by these factors, the global ammonium market is anticipated to expand at a steady CAGR of 4.0% over the forecast period of 2019 to 2029. Moreover, usage of ammonium chloride in niche industrial applications, such as leather tanning, textile printing, metal flux, cosmetics & personal care, will continue to drive the market on a positive growth trajectory in the years to come.

Surging Adoption in Pharmaceuticals and Food Production Shapes Growth Trajectory

Pharma grade ammonium chloride has been witnessing a significant demand, on the back of increasing adoption in the manufacturing of OTC cold & cough medicines. Moreover, ammonium chloride is utilized in the production of animal medications, owing to the compound's ability to prevent the formation of stones in the kidney and bladder of grazing animals. The increasing adoption in pharmaceuticals is anticipated to act as a major growth driver to the global ammonium market. Furthermore, food-grade ammonium chloride is gradually gaining traction in food production applications as a food additive and is expected to metamorphose into a prominent end-use sector.

Ammonium Chloride Market- Scope of the Report

The recent study by XploreMR on ammonium chloride market offers a 10-year forecast between 2019 and 2029. The study analyzes crucial trends that are currently determining the growth of ammonium chloride market. This report explicates on vital dynamics such as the drivers, restraints and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of ammonium chloride. The study also provides dynamics that are responsible for influencing the future status of the ammonium chloride market over the forecast period.

A detailed assessment of ammonium chloride value chain analysis, business execution, and supply chain analysis across the regional markets has been covered in the report. A list of prominent companies operating in the ammonium chloride market along with their production capacity analysis enhances the reliability of this comprehensive research study.

Ammonium Chloride Market: Report Summary

Purchase Options
Ammonium Chloride Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029
Buy Now
Custom Market Research Services

Custom Market Research Services

xploreMR offers custom market reserch services that help clients to get information on their business scenario required where syndicated solutions are not enough

Why Choose XploreMR

Why Choose XploreMR
  • Analyst Support

    Our analysts go above and beyond to answer your specific queries. We are with you throughout the entire journey – from initial discussion to post-purchase.

  • Country-wise Analysis & Forecasting

    As we track markets at country-level, we are able to offer hard-to-find market intelligence in both developed and emerging countries.

  • High Quality At Competitive Pricing

    We believe high quality market research shouldn’t be out of reach for businesses. Our competitively-priced market research reports ensure businesses of all sizes have access to quality information

Popular Reports

report
Hydroxyapatite Market Forecast, Trend Analysis & Opportunity Assessment 2020-2030

A recent market study published by XploreMR on the Hydroxyapatite market includes global industry analysis for 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assess ...

report
Perchloroethylene Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030

Perchloroethylene Market - Scope of the Report The perchloroethylene market study done by XploreMR gives exclusive information about how the market will grow during the forecast period of 2020– ...