North America Ammonium And Potassium Thiosulfate Market

North America Ammonium and Potassium Thiosulfate Market Size

The North American ammonium and potassium thiosulfate market was valued at USD 125.95 billion in 2024 and is anticipated to reach USD 133.66 billion in 2025 from USD 228.13 billion by 2033, growing at a CAGR of 6.12% during the forecast period from 2025 to 2033.

Ammonium thiosulfate is a great source of nitrogen and sulfur. It contains 26% sulfur and 12% nitrogen, both of which are major components of plant proteins. Potassium Thiosulfate is an excellent source of potash and sulfur. It contains 17% sulfur and 25% potash. Potash is one of the most essential nutrients required by plants.

Both ammonium and potassium thiosulfate are used as fertilizers in a variety of crops. Moreover, both are compatible with each other when mixed in any ratio. They can be applied as starter fertilizers for corn and other small-seeded crops. They can be used on crops, ornamental shrubs, and golf courses through soil, foliar, and fertigation applications.

Growing demand for water-soluble macronutrient fertilizers, compatibility of ammonium and potassium thiosulfate fertilizers with many crop protection chemicals, and the wide range of applications of these products are driving the market growth. However, the availability of various alternatives to these fertilizers and the growing trend of organic agriculture are inhibiting the market growth.

REPORT COVERAGE

SEGMENT ANALYSIS

By Type Insights

Potassium thiosulfate holds the largest market share by a small margin due to its application as a starter and pop-up fertilizer, apart from normal applications.

By Application Insights

Ammonium thiosulfate is widely applied using fertigation and foliar methods as it is widely available as a liquid fertilizer. Potassium thiosulfate is applied using all three of the application methods, and the method is chosen depending on the type of crop it is used on.

KEY MARKET PLAYERS

Some of the major players in the ammonium and potassium thiosulfate market are Tessenderlo Group, Koch Fertilizer, Agrium, Martin Midstream Partners, Rentech Nitrogen, Poole Chem, Mears Fertilizer, Hydrite Chemical, Kugler, and R.W. Griffin.

MARKET SEGMENTATION

This research report on the North American ammonium and potassium thiosulfate market is segmented and sub-segmented into the following categories.

By Type

• Ammonium Thiosulfate and Potassium Thiosulfate

By Application

• Soil Applied
• Foliar Application and Fertigation

By Country

• USA
• Canada