Sulfur Fertilizers - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Sulfur Fertilizers Market is accounted for $4.60 billion in 2020 and is expected to reach $6.39 billion by 2028 growing at a CAGR of 4.2% during the forecast period. The increasing sulfur deficiency in soils and high utilization of traditional sulfate fertilizers are driving the market growth. However, the growing trend of consuming organic fertilizers may restrain the market growth.
Sulfur fertilizers are plant growth agrochemicals containing sulfur. They help in minimizing sulfur deficiency in crops and encourage growth. Sulfur fertilizers are added to the soil to refill the lost sulfur.
Based on type, the sulphate containing compound fertilizers segment is going to have lucrative growth during the forecast period due to the high consumption of traditional and new sulfate fertilizers, such as single superphosphate, ammonium sulfate, potassium sulfate, sulfates of micronutrients, and ammonium phosphate sulfate.
By geography, Asia Pacific is going to have significant growth during the forecast period due to the increased awareness among the farming community has prompted the use of fertilizers. Also, the increasing demand for food grains, the need for efficient use of land is driving the market in the region.
Some of the key players profiled in the Sulfur Fertilizers include Compass Minerals, Coromandel International Limited, Deepak Fertilizers and Petrochemicals Ltd, EuroChem Group, Koch Industries, Inc, Nufarm Limited, Nutrien, Ltd., Nutri-tech Solutions Pty Ltd, Sulphur Mills Ltd, Tessenderlo Kerley, Inc, The Kugler Company, The Mosaic Company, Tiger-Sul Products LLC, Yara International ASA, and Zuari Agro Chemicals Ltd.
Estimated Market Size in 2020:
USD 4.60 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 6.39 billion
Tables, Graphs & Figures
Form, Cultivation Type, Type, Application, Sales Channel and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Cultivation Types Covered:
• Conventional Agriculture Crop
• Controlled Environment Agriculture
• Open Field
• Sulphate Containing Compound Fertilizers
• Elemental Sulfur Fertilizers
• Liquid Sulfur Fertilizers
• Barely Silage
• Seed Row
Sales Channels Covered:
• Direct/Institutional Sales
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
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 2019, 2020, 2021, 2025 and 2028
- 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
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Sulfur Fertilizers Market is majorly driven by increase in sulfur deficiency in soils, increase in preference for high-quality crops, and high consumption of traditional sulfate fertilizers.
The dry segment is growing at a highest CAGR due to its extended shelf life and relatively low cost.
Asia Pacific dominated with a significant market share due to the direct use of micronutrients to treat plant deficiencies, reducing arable lands and increased awareness among the farming community.
North America market is growing at a highest CAGR due to the advanced agricultural techniques.
Key players in Sulfur Fertilizers Market include Compass Minerals, Coromandel International Limited, Deepak Fertilizers and Petrochemicals Ltd, EuroChem Group, Koch Industries, Inc, Nufarm Limited, Nutrien, Ltd., Nutri-tech Solutions Pty Ltd, Sulphur Mills Ltd, Tessenderlo Kerley, Inc, The Kugler Company, The Mosaic Company, Tiger-Sul Products LLC, Yara International ASA, and Zuari Agro Chemicals Ltd.
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