Sulfur Fertilizers
Sulfur Fertilizers Market Forecasts to 2030 - Global Analysis By Type (Ammonium Sulphate, Single Superphosphate, Potash Sulphate, Ammonium Nitrate-Sulphate, Sulphate Containing Compound Fertilizers and Other Types), Crop Type (Oilseeds and Pulses, Cereals and Grains, Turf and Ornamental, Fruits and Vegetables and Other Crop Types), Agriculture Type, Form, Application and by Geography
According to Stratistics MRC, the Global Sulfur Fertilizers Market is accounted for $5.42 billion in 2024 and is expected to reach $6.94 billion by 2030 growing at a CAGR of 4.20% during the forecast period. Fertilizers containing sulfur are essential to contemporary agriculture because they promote plant growth and development. For plants to synthesize enzymes, vitamins, and amino acids, sulfur is a necessary nutrient. It helps produce chlorophyll, the green pigment that is involved in photosynthesis, which encourages rapid growth and enhances crop quality. Applying sulfur fertilizers becomes essential in areas where sulfur deficits are prevalent in order to guarantee the best possible plant nutrition and yield.
According to the American Society of Agronomy, sustainable agricultural practices are essential for safeguarding soil health and preserving natural resources for future generations.
Market Dynamics:
Driver:
Increased soil sulfur deficiency
As an essential component for the best possible crop yield, sulfur is also known to be crucial for plant physiology and insect resistance. Along with producing chlorophyll, which helps plants regulate photosynthesis, it also facilitates protein synthesis. Reduced inputs from atmospheric sulfur deposition, continuous agricultural practice changes, and the growth of high-yield crops are all contributing to the increasing prevalence of sulfur deficits. Several chemical methods have been employed to identify sulfur deficiency and provide highly correlated, fast, accurate, and precise values. Moreover, the demand for sulfur fertilizers is therefore anticipated to increase in the upcoming years due to the growth in sulfur deficits.
Restraint:
Stringent environmental laws
The environment is being negatively impacted by the world's expanding population and its increased demand for food, energy, and resources. Overuse of natural resources, including fisheries, forests, and water sources, causes biodiversity to decline and become scarcer, upsetting delicate ecosystems and creating challenges for long-term sustainability. The expansion of forestry, infrastructure, and agriculture are all factors in habitat destruction, the depletion of carbon sinks, and climate change. Furthermore, the depletion of ecosystems, the threat to human health, and the destruction of biodiversity are all consequences of industrial and agricultural pollution, including air and water pollution, which impedes market expansion.
Opportunity:
Increased investment in agricultural activities by developing economies
In emerging nations, investments in agriculture have increased significantly over the past few decades. This is brought on by rising commodity prices, heightened strategic concerns among nations that import food, and a range of commercial opportunities in agriculture. State-owned companies, sovereign wealth funds, agribusiness firms, and private equity make up the bulk of agricultural investors. Nonetheless, the growing trend of substituting organic fertilizers for sulfur fertilizers may hinder market expansion. Moreover, the launch of NPK fertilizers enhanced with elemental sulfur will support the growth of the market.
Threat:
Growing use of fertilizers made of organic materials
The majority of oilseeds produced worldwide are produced in tropical, semi-arid regions with low average yields. The oilseeds have a low transpiration rate and can withstand droughts. These regions have a low availability of sulfur, which causes crops to be deficient in sulfur. Additionally, the main crops that are taken into consideration in this sector are peanut, canola, and soybean. Because oilseeds require more sulfur than other crops do, the market for sulfur fertilizers is anticipated to be constrained for the duration of the forecast period.
Covid-19 Impact:
Global markets have been severely disrupted by the COVID-19 pandemic, affecting a wide range of industries. Lockdowns, travel bans, and social distancing tactics put in place to stop the virus's spread resulted in a sharp drop in consumer demand and global supply chain disruptions. Businesses in sectors like travel, hospitality, and retail faced unheard-of difficulties, with many having to close or struggling financially. On the other hand, industries with higher demand for their goods and services included technology, healthcare, and pharmaceuticals. Additionally, governments responded to economic downturns with a range of fiscal and monetary policies, such as interest rate reductions and stimulus packages.
The Ammonium Sulphate segment is expected to be the largest during the forecast period
The ammonium sulfate segment is anticipated to hold the largest market share for sulfur fertilizers. Due to its high solubility, ammonium sulfate is a sulfur-containing fertilizer that is widely used and appropriate for a variety of crops and soil types. It supplies sulfur and nitrogen, two vital nutrients for plant growth that improve crop quality and yields. Farmers all over the world prefer ammonium sulfate because of its efficiency and versatility, especially in areas where the soil lacks sulfur. Furthermore, its dominance in the market for sulfur fertilizers is attributed to a stable supply chain and widely accessible raw materials.
The Fruits and Vegetables segment is expected to have the highest CAGR during the forecast period
When it comes to sulfur fertilizers, the fruits and vegetables segment usually has the highest CAGR. A number of factors are responsible for this growth, such as the growing demand for premium fruits and vegetables brought on by the world's population growth, shifting dietary preferences, and growing consciousness of the significance of food security and nutrition. Fertilizers containing sulphur are essential for increasing fruit and vegetable yield, quality, and nutritional content. Moreover, the mineral sulfur fertilizers also help fruits and vegetables synthesize vitamins and antioxidants, which raises their nutritional value and overall content.
Region with largest share:
Asia-Pacific usually holds the largest market share for sulfur fertilizers. The widespread agricultural practices in nations like China and India, which rank among the top producers and consumers of fertilizers worldwide, are one of the main causes of this dominance. The demand for increased agricultural productivity is fueled by factors such as changing dietary habits, urbanization, and rapid population growth, which in turn accelerates the adoption of sulfur fertilizers. Additionally, government programs that support sustainable farming methods and increase crop yields also contribute to the Asia-Pacific region's market expansion.
Region with highest CAGR:
Due to the region's growing demand for premium agricultural products and its increasing adoption of agricultural practices, Europe is predicted to have the highest CAGR during the projection period. In addition, the market for sulfur fertilizers is anticipated to grow rapidly in the near future due to the high consumption raised by rising demand. Furthermore, the region is also expected to grow as a result of an increase in agricultural land, a greater understanding of the region's use of sulfur, and the early adoption of new medical technology like data analysis, IoT, and AI.
Key players in the market
Some of the key players in Sulfur Fertilizers market include Royal Dutch Shell plc, Devco Australia Holdings Pty Ltd, The Mosaic Company, Nutri-tech Solutions Pty Ltd., Koch Industries, Inc., Israel Chemicals Limited., Balchem Inc, EuroChem Group, Yara International ASA, The Kugler Company, Coromandel International Limited, Tessenderlo Kerley, Inc, Zuari Agro Chemicals Ltd., Mitsui & Co. Ltd., Sulfur Mills Limited, Deepak Fertilizers and Petrochemicals Ltd. And Abu Dhabi Fertilizer Industries WLL.
Key Developments:
In April 2024, Ma’aden and The Mosaic Company has announced that they have entered into a share purchase and subscription agreement. The agreement provides for the sale by Mosaic of all its shares in Ma’aden Wa’ad Al Shamal Phosphate Company, a joint venture investment among Ma’aden, Mosaic and Saudi Basic Industries Corporation, to Ma’aden in exchange for newly issued shares in Ma'aden.
In March 2024, Yara, a leading Norwegian crop nutrition company and a global leader in ammonia trade and shipping, and GHC SAOC, a wholly owned subsidiary of Acme Cleantech, a leading renewable energy company in India, signed a firm and binding agreement for supply of ammonia with reduced CO2 emissions from Acme to Yara on a long-term basis.
In September 2023, Coromandel International Limited on announced that Dare Ventures Limited, a subsidiary of the Company entered into definitive agreements for subscription of 10 Equity Shares of Rs 10 each, and 2,193 Seed Series Compulsorily Convertible Preference Shares of Rs 10 each of Flic Farm Private Limited constituting 16.53 percent of the post issue paid up share capital of Flic Farm Private Limited, the company announced through an exchange filing.
Types Covered:
• Ammonium Sulphate
• Single Superphosphate
• Potash Sulphate
• Ammonium Nitrate-Sulphate
• Sulphate Containing Compound Fertilizers
• Other Types
Crop Types Covered:
• Oilseeds and Pulses
• Cereals and Grains
• Turf and Ornamental
• Fruits and Vegetables
• Other Crop Types
Agriculture Types Covered:
• Controlled Environment Agriculture
• Conventional Agriculture
• Other Agriculture Types
Forms Covered:
• Liquid
• Dry
Applications Covered:
• Foliar
• Soil
• Fertigation
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Sulfur Fertilizers Market, By Type
5.1 Introduction
5.2 Ammonium Sulphate
5.3 Single Superphosphate
5.4 Potash Sulphate
5.5 Ammonium Nitrate-Sulphate
5.6 Sulphate Containing Compound Fertilizers
5.7 Other Types
6 Global Sulfur Fertilizers Market, By Crop Type
6.1 Introduction
6.2 Oilseeds and Pulses
6.3 Cereals and Grains
6.4 Turf and Ornamental
6.5 Fruits and Vegetables
6.6 Other Crop Types
7 Global Sulfur Fertilizers Market, By Agriculture Type
7.1 Introduction
7.2 Controlled Environment Agriculture
7.3 Conventional Agriculture
7.4 Other Agriculture Types
8 Global Sulfur Fertilizers Market, By Form
8.1 Introduction
8.2 Liquid
8.3 Dry
9 Global Sulfur Fertilizers Market, By Application
9.1 Introduction
9.2 Foliar
9.3 Soil
9.4 Fertigation
9.5 Other Applications
10 Global Sulfur Fertilizers Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Royal Dutch Shell plc
12.2 Devco Australia Holdings Pty Ltd
12.3 The Mosaic Company
12.4 Nutri-tech Solutions Pty Ltd.
12.5 Koch Industries, Inc.
12.6 Israel Chemicals Limited.
12.7 Balchem Inc
12.8 EuroChem Group
12.9 Yara International ASA
12.10 The Kugler Company
12.11 Coromandel International Limited
12.12 Tessenderlo Kerley, Inc
12.13 Zuari Agro Chemicals Ltd.
12.14 Mitsui & Co. Ltd.
12.15 Sulfur Mills Limited
12.16 Deepak Fertilizers and Petrochemicals Ltd.
12.17 Abu Dhabi Fertilizer Industries WLL
List of Tables
1 Global Sulfur Fertilizers Market Outlook, By Region (2022-2030) ($MN)
2 Global Sulfur Fertilizers Market Outlook, By Type (2022-2030) ($MN)
3 Global Sulfur Fertilizers Market Outlook, By Ammonium Sulphate (2022-2030) ($MN)
4 Global Sulfur Fertilizers Market Outlook, By Single Superphosphate (2022-2030) ($MN)
5 Global Sulfur Fertilizers Market Outlook, By Potash Sulphate (2022-2030) ($MN)
6 Global Sulfur Fertilizers Market Outlook, By Ammonium Nitrate-Sulphate (2022-2030) ($MN)
7 Global Sulfur Fertilizers Market Outlook, By Sulphate Containing Compound Fertilizers (2022-2030) ($MN)
8 Global Sulfur Fertilizers Market Outlook, By Other Types (2022-2030) ($MN)
9 Global Sulfur Fertilizers Market Outlook, By Crop Type (2022-2030) ($MN)
10 Global Sulfur Fertilizers Market Outlook, By Oilseeds and Pulses (2022-2030) ($MN)
11 Global Sulfur Fertilizers Market Outlook, By Cereals and Grains (2022-2030) ($MN)
12 Global Sulfur Fertilizers Market Outlook, By Turf and Ornamental (2022-2030) ($MN)
13 Global Sulfur Fertilizers Market Outlook, By Fruits and Vegetables (2022-2030) ($MN)
14 Global Sulfur Fertilizers Market Outlook, By Other Crop Types (2022-2030) ($MN)
15 Global Sulfur Fertilizers Market Outlook, By Agriculture Type (2022-2030) ($MN)
16 Global Sulfur Fertilizers Market Outlook, By Controlled Environment Agriculture (2022-2030) ($MN)
17 Global Sulfur Fertilizers Market Outlook, By Conventional Agriculture (2022-2030) ($MN)
18 Global Sulfur Fertilizers Market Outlook, By Other Agriculture Types (2022-2030) ($MN)
19 Global Sulfur Fertilizers Market Outlook, By Form (2022-2030) ($MN)
20 Global Sulfur Fertilizers Market Outlook, By Liquid (2022-2030) ($MN)
21 Global Sulfur Fertilizers Market Outlook, By Dry (2022-2030) ($MN)
22 Global Sulfur Fertilizers Market Outlook, By Application (2022-2030) ($MN)
23 Global Sulfur Fertilizers Market Outlook, By Foliar (2022-2030) ($MN)
24 Global Sulfur Fertilizers Market Outlook, By Soil (2022-2030) ($MN)
25 Global Sulfur Fertilizers Market Outlook, By Fertigation (2022-2030) ($MN)
26 Global Sulfur Fertilizers Market Outlook, By Other Applications (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
