Ammonium Thiosulfate Market

Ammonium Thiosulfate Market Outlook (2025 to 2035)

The global ammonium thiosulfate market is experiencing a major transformation with surging demand for eco-friendly agriculture and effective fertilizer use. The market is poised to be valued at USD 454 million in 2025 and will grow to USD 976 million by 2035, growing at a consistent CAGR of 7.9% during the forecast period, according to Fact.MR estimates.

With growing dependence of agri-systems on liquid fertiliser solutions for meeting precision agriculture requirements increasing further, ammonium thiosulfate remains a vital source of nitrogen-sulfur, yielding better crop output and soil quality.

There has been tremendous demand in recent years for it as a steady nutrient additive, particularly in the manufacture of canola, wheat, and corn. Its utilization in established as well as emerging agrarian economies has gained speed with the inclination towards minimizing nitrogen leaching and maximizing sulfur application efficiency. Besides, ecologically friendly fertilization policy measures, especially in Europe and North America, are complementing this trend. Volatility of prices of key raw materials such as ammonia and sulfur, and storage and handling issues, represent some operational issues for the manufacturers.

Competitor giants such as Tessenderlo Kerley, Koch Fertilizer, Mears Fertilizer, Kugler Company, and TIB Chemicals play a dominating role in shaping the competitive profile. These companies are continuously ramping up regional blending and production capacity to address the rising global demand. According to Fact.MR, the future industry dynamics will be changed by new formulaic developments and strategic collaborations as firms focus on tailor-made crop-based blends.

In the future, potential lies in rolling up this into web-based farming systems in which nutrient management programs can tailor application by crop, geography, and time of year. Nevertheless, ongoing reliance on limited quantities of huge suppliers and growing environmental issues with sulfur releases remain major hurdles. The industry's course in the coming decade will be in the balance depending on innovation in new application technologies, along with facilitative regulation.

Key Metrics

Metric	Value
Industry Size (2025E)	USD 454 million
Industry Value (2035F)	USD 976 million
CAGR (2025 to 2035)	7.9%

Key Ammonium Thiosulfate Industry Dynamics and Outlook

Rising Demand through Precision Farming Practices

The increasing use of precision farming practices is significantly accelerating the demand for ammonium thiosulfate. Farmers are increasingly on the lookout for precision nutrient application, and the dual role of ammonium thiosulfate as a nitrogen and sulfur source is useful towards such an end. Fact.MR predicts this trend to gain momentum in developed and developing agricultural regions alike.

Raw Material Price Volatility Restrains Growth

Volatility of raw material prices, specifically of ammonia and sulfur, continues to be a factor in determining costs of production and supply chain integrity. Prices of these inputs track world energy industry trends. Price volatility can threaten to destabilize procurement programs of producers and reduce affordability to farmers, particularly in low-cost Asian and African economies.

Infrastructure Expansion in Emerging Economies Offers Growth

Fact.MR is of the view that investment in fertilizer blending and distribution hubs in Latin America, Southeast Asia, and Sub-Saharan Africa at a rapid pace is paving the way for the penetration of ammonium thiosulfate. As governments prioritize food security and yield enhancement, the investments will allow more access and wider utilization in domestic agri-systems.

Counterfeit Fertilizer Threats Persist

Penetration of sub-standard or counterfeit liquid fertilizers in low-regulation industries threatens legitimate producers. Such diluted or counterfeit products undermine farmers' trust and industry reputation. Fact.MR research identified traceability and quality control as key concerns among distributors, especially in price-sensitive, high-turnover farm regions like South Asia and Sub-Saharan Africa.

Ammonium Thiosulfate Industry Demand Analysis and Impact

Producers of core raw materials, i.e., sulfur and ammonia, form the upstream pillar of the ammonium thiosulfate value chain. Their production volumes, prices, and reliability of supply then drive the manufacturing margin and availability. These firms are highly exposed to the fluctuations of the international energy and chemical industries and are both major drivers and initiators of volatility. Their pricing strategies, efficiency in operations, and environmental protection efforts have been increasingly important within a regulatory environment anticipating reduced emissions and increased openness.

The manufacturers occupy the middle position within the value chain, taking raw materials and transforming them into quality products. Their role also extends to R&D, supply chains, and geographic industry reach. Fact.MR analysis indicates that leading makers are heavily investing in combining technologies and harmonization of their products to meet evolving agronomic demands. They are, however, facing pressure with tightening regulations, particularly around fertilizer storage, handling, and environmental concerns, requiring continuous innovation and capital expenditure.

Private equity investors and shareholders play a central role in enhancing production capacity, supply chain revolutionization, and globalization. Their appeal has been reinforced in recent times due to growing demand and stable long-term growth prospects. Such investors are particularly keen on scalable infrastructure, export potential, and ESG fit. Strategic capital injection has enabled cross-border partnerships and acquisitions, thereby enhancing industry consolidation. Returns are highly cyclic-sensitive to input prices and regulatory shifts.

National and foreign regulatory institutions affect the overall business environment. From mandating sulfur application methods to restricting nitrogen loss through emission controls, their activities play a large role in shaping usage habits. While positive when considering sustainable farming practices, regulatory uncertainty or non-uniform application among different areas can make compliance and risk assessment for everyone involved challenging.

Last demand generators are end-users of ammonium thiosulfate, which include commercial cooperatives and farms. Technical advisory services, price, and agronomic needs influence the adoption of ammonium thiosulfate among their segment. Counterfeit product threats and education gaps reduce emerging economies' potential demand. Infrastructure developers and technology providers, like regional distribution networks and smart application tools, can supply these gaps.

The tension between regulatory compliance and business scalability, cost consciousness, and innovation necessitates stronger stakeholder alignment. Disruption areas include digital traceability, locally formulated products, and vertically integrated business models, minimizing supply chain risk while promoting stronger stakeholder alignment.

Ammonium Thiosulfate Industry Analysis by Top Investment Segments

The ammonium thiosulfate market is segmented by grade into photographic grade and industrial grade. By end use, the sector encompasses agriculture, leachant, photographic fixing salt, and others. Regionally, the industry spans North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

By Grade

During the period from 2025 to 2035, industrial ammonium thiosulfate will be the most lucrative grade segment, which will be powered by its wide application in both agricultural and mining applications. As a result of these structural advantages, the segment will expand at a CAGR of approximately 8.2% during the forecast period, higher than the industry-wide CAGR of 7.1%.

It is particularly sought after as it is very pure, provides consistent performance, and is suitable for bulk distribution channels. Fact.MR analysis indicates that increasing demand from agrochemical manufacturers and increasing use in leaching operations, specifically in silver and gold recovery, are making industrial-strength versions essential to several downstream industries. Additionally, process improvement, innovation, and industrial blending system commercialization are improving cost savings, encouraging broader acceptance in developing economies.

By End-Use

Between 2025 and 2035, liquid fertilizers for arable crops will be the most lucrative end-use segment, spurred by growing emphasis on precision agriculture, water-soluble nutrients, and sustainable intensification of crops. With these trends, the segment will witness a high CAGR of 8.6% between 2025 and 2035 and emerge as a high-value investment segment in the overall value chain.

Fact.MR estimates that the segment has been extremely popular among large-scale farming operations due to its superior nutrient uptake efficiency and use with fertigation systems. Liquid products that contain ammonium thiosulfate, with a desire for optimum yields and the reduction of nutrient loss, have become the mainstay in row crops such as maize, soybean, and grain. The sector also enjoys the benefit of favorable government encouragement in major agricultural economies and the expansion of irrigation infrastructure.

Ammonium Thiosulfate Industry Analysis Across Key Countries

United States

Fact.MR expects that the ammonium thiosulfate market in the U.S. is set to register a CAGR of 6.8% during the forecast period of 2025 to 2035. It is driven by America's technologically advanced agriculture sector, wherein it is being used more and more to optimize crop yields, particularly in soybean and corn cultivation.

Industrial processes, including water treatment and metal processing, utilize a large quantity of the chemical in the U.S. Government initiatives for precision agriculture and sustainable agriculture supplement the industry further. Moreover, ongoing research and development efforts towards improved fertilizer efficiency in association with environmental compliance drive industry growth.

India

The sector in India will be rising at a CAGR of 5.3% from 2025 to 2035, as per Fact.MR predictions. The vast agricultural land of India and government efforts towards increasing crop yields result in demand for ammonium thiosulfate. The application of fertilizer in alleviating soil sulfur deficiency adds to national measures that promote equal nutrient management.

Additionally, the enhancement of farmers' awareness in applying sulfur-based fertilizers and engaging in high-level farm practices enhances industry development. However, adoption may be impaired by the rural low level of awareness and infrastructural inadequacy.

China

Fact.MR is of the view that the industry in China will rise at a CAGR of 10.6% from 2025 to 2035, the highest of the world's major economies. Growth is also supported by the tremendous agricultural activity in China and efforts by the government to spur greater crop yields to complement enhanced food security.

Its potential to encourage soil fertility as a fertilizer and its use in mining and industrial processes is also increasing demand. Chinese investments in its development of agriculture and promoting sustainable agriculture are also creating industry growth. Nevertheless, regulatory policies and environmental concerns are likely to be hindrances to the growth trajectory of the business.

United Kingdom

The landscape in the UK is projected to record a CAGR of 6.2% during the forecast period, according to Fact.MR. The U.K.'s focus on green agriculture and the environment encourages its use as a sulfur ingredient in green fertilizers for crop nutrition.

Farmers' use of precision farming techniques and the need to compensate for sulfur deficiencies in the soil, fuel industry growth. Moreover, the domestic regulatory landscape supporting green fertilizers propels industry growth. Uncertainty regarding post-Brexit agriculture policy could, however, influence industry trends.

Germany

Fact.MR anticipates that the sector in Germany will expand at a CAGR of 6.4% from 2025 to 2035. Sustainable agriculture focus and stringent environmental regulations in Germany stimulate R&D and the use of ammonium thiosulfate. The use of fertilizer in increasing nitrogen utilization efficiency and reducing environmental impacts serves the country's agriculture agenda, which is proactively interested in sustainable practices.

Additionally, the nation's advanced research chemical industry utilizes it as a chemical in water treatment and photo development. The play among research centers and industry players strengthens industry development and innovation.

South Korea

Fact.MR predicts the landscape in South Korea to grow at a CAGR of 6.6% from 2035 to 2025. Value crops and advanced cultivation techniques within the country drive demand for efficient fertilizers like ammonium thiosulfate.

Use in optimizing the absorbance of nutrients and improving crop quality improves agricultural productivity. The industrial sector in South Korea also uses the compound in water treatment and chemical manufacturing processes. Government efforts to promote sustainable agriculture and environmental conservation also drive industry uptake.

Japan

The industry in Japan is set to witness growth at a CAGR of 6.0% over the period of forecast, as per Fact.MR. Compact and high-density production characterizes the Japanese agricultural industry, utilizing it to increase the efficiency of nutrients.

Fertilizer use in eradicating sulfur deficiencies and achieving maximum production accompanies French food security measures. In addition, increases in Japanese agribusiness technology and environmentalism increase the utilization of efficient fertilizers. The use of the chemical in industrial applications in photography and chemical synthesis increases industry demand.

France

Fact.MR expects that the sector in France will expand at a CAGR of 6.4% during the period 2025 to 2035. France's fertile agricultural economy and emphasis on sustainable agriculture drive the demand for ammonium thiosulfate.

The efficiency of the fertilizer in boosting soil productivity and crop quality guarantees its adoption by farmers. Policies of the government promoting environmentally sound agriculture and nutrient management increase the development of the industry. France's chemical sector also uses the compound in various ways, expanding its industry penetration.

Italy

Fact.MR anticipates that the landscape in Italy will expand with a CAGR of 6.4% over the forecast period. Italy's agricultural lands, from the olive grove to the vineyard, are appropriate for the usage of this chemical in crop production as high-yielding as well as for fertilizer-enriched soil.

Italy's concentration on high-agro products, as well as nature-friendly agricultural culture, is advantageous for the usage of effective fertilizers. Additionally, Italy's industrial sector employs the compound in water treatment and textile treatment, which facilitates expansion in these industries.

Australia and New Zealand

Fact estimates the industry in Australia and New Zealand.MR to grow at 6.5% CAGR in the period from 2025 to 2035. The agro-industries of the two countries, with the flagship being high-scale production and a focus on export crops, are fueling demand for ammonium thiosulfate.

The application of fertilizer in increasing nutrient efficiency and sustainable agriculture is in tandem with the national policy on domestic agriculture. Applications of the compound in environmental conservation and industrial processes also contribute to the expansion of the industry.

Leading Ammonium Thiosulfate Companies and Their Industry Share

In 2024, Tessenderlo Kerley, Inc. (25-30% industry share) continued to hold the top spot, using its robust global sales network and proprietary products to capitalise on expanding demand from farming and industrial purposes. Koch Nitrogen International Sarl (20-25%) takes advantage of its increasing stature, especially within North America, by combining best-in-class manufacturing technologies and efficient fertilizer solutions. Kugler Co. (15-20%) leads the way in the agricultural industry, especially in North America, with its superior products maximizing crop nutrition.

Martin Midstream Partners (10-15%) consolidates its leadership position in the U.S. industry through an acquisition-driven strategy of broadening its range of sulfur-based products to industry and agriculture. TIB Chemicals AG (8-12%) focuses on strength in the European industry with high-performance chemicals and fertilizers supported by its robust research and development strengths. Esseco Srl (5-10%) is gaining traction in Latin American and Middle Eastern industries on the strength of affordable ammonium thiosulfate solutions designed for use in agriculture.

PCI Nitrogen (3-7%) is expanding its industry share in the Asia-Pacific region by emphasizing environmentally friendly fertilizer solutions and increasing its industrial applications, such as the mining and water treatment industries.

Company Name	Estimated Industry Share (%)
Tessenderlo Kerley, Inc.	25-30%
Koch Nitrogen International Sarl	20-25%
Kugler Co.	15-20%
Martin Midstream Partners	10-15%
TIB Chemicals AG	8-12%
Esseco Srl	5-10%
PCI Nitrogen	3-7%

Key Strategies of Ammonium Thiosulfate Manufacturers, Suppliers, and Distributors

Industry firms are primarily focusing on product innovation and operational efficiency to guarantee competitive superiority. One of the approaches includes the continuous development of green, high-performance products that meet rising environmental legislations, especially in agriculture.

Firms are further putting major investment in automation as well as advanced manufacturing technologies to reduce costs, enhance manufacturing capacity, and maximize production quality. Partnerships with research organizations and technology companies enable them to create next-generation fertilizers and industrial chemicals to remain competitive with the demands of the industry.

Investors are also investing in companies with a robust pipeline of sustainable products and technologies. They particularly target companies that possess strong ESG (Environmental, Social, and Governance) credentials to ensure their investments are contributing to global sustainability trends. Investors are also employing strategic mergers and acquisitions to merge fragmented industries and thus leverage economies of scale as well as enhance their industry share.

Governments are putting more stringent environmental regulations and policies in place to regulate industrial emissions and ensure the safe use of chemicals. They are determined to introduce stricter regulations on the use of in agriculture and industry, which has pushed stakeholders to innovate and transform at a fast pace. Manufacturers must work hand in hand with regulators to craft policies that guarantee sustainability in addition to industrial growth, and be part of lobbying efforts to ensure the best regulatory conditions.

End-consumers, particularly in agriculture and mining, are increasingly seeking the application of products that optimize crop yield with minimal environmental impact. Their sustainability as well as cost concerns have prompted suppliers to develop niche products that address particular needs, such as efficient fertilizers and green chemicals. The majority of end-consumers are also adopting precision agriculture technologies in a bid to optimize efficiency and reduce waste.

Technology companies have a central role in promoting innovation in this field. Their strategy is one of developing smarter, more productive manufacturing systems that reduce the cost of doing business and enhance product performance. They are also looking to bring together IoT and AI to provide real-time analytics of data so both producers and consumers can optimize use and reduce the impact on the environment.

Overall, all groups of stakeholders are adapting to prevalent industry trends in the form of attempts to favor innovation, sustainability, and collaborative partnerships. Such attempts are congruent with global trends towards more efficient and cleaner industrial processes.

Key Success Factors Driving the Industry

Critical drivers of success to the ammonium thiosulfate market are the rate at which green technologies and practices are being embraced, particularly in industry and agriculture. With increasing global demand for green products and processes, companies that invest in green technology, such as secure fertilizers and low-cost chemical production, have greater growth opportunities.

Product development innovation, such as precision farming technologies and advanced industrial chemicals, is similarly a critical driver. They allow stakeholders to provide accurate end-user requirements, maximizing crop yields and operational efficiency with reduced environmental impacts.

Another primary driver is the increased focus on regulation compliance and sustainability, which is causing manufacturers to want to get ahead of stricter environmental regulations. With regulatory bodies all over the world enforcing stricter emissions and safety standards, first movers toward such standards by firms gain a competitive edge in meeting or exceeding compliance.

Besides, strategic partnerships and collaborations with research institutions, technology providers, and other industry stakeholders enable firms to be at the forefront of the industry and diversify their products, maintaining their position in the industry and fostering long-term growth.

Other Key Players

• Tessenderlo Kerley, Inc.
• Koch Nitrogen International Sarl
• Kugler Co.
• Martin Midstream Partners
• TIB Chemicals AG
• Esseco Srl
• PCI Nitrogen
• Shakti Chemicals
• Yara International ASA
• CF Industries Holdings, Inc.
• Nutrien Ltd.
• ICL Group Ltd.
• GFS Chemicals, Inc.
• Haifa Group
• Sichuan Meifeng Chemical Industry Co., Ltd.
• Changsha Green Mountain Chemical Co., Ltd.
• Loveland Products, Inc.
• Hubei Yihua Chemical Industry Co., Ltd.

Segmentation

• By Grade :

  • Photographic Ammonium Thiosulfate
  • Industrial Ammonium Thiosulfate

• By End Use :

  • Agriculture
    • Herbicide Safeners
    • Liquid Fertilizers for Arable Crops
      • Corn
      • Soybean
      • Alfalfa
      • Rape
      • Maize
      • Grain
  • Leachants (for Mining)
    • Gold
    • Silver
  • Photographic Fixing Salt
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa