According to the latest report by IMARC Group, titled “Sulfur Fertilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global sulfur fertilizers market reached a value of US$ 5.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting a CAGR of 3.34% during 2022-2027.
Industry Definition and Application:
Fertilizers with sulfur are composed of sulfur combined with other nutrients like nitrogen or potassium. They are vital for the growth and development of crops. Their utilization aids in increasing the protein levels in plants while improving the starch content of tubers.
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Global Sulfur Fertilizers Industry Trends and Drivers:
The incidence of sulfur deficiency in the soil, which is on the rise, is what largely drives the global market. Since some crops don’t receive an adequate amount of sulfur, this has led to the widespread uptake of sulfur fertilizers across the globe, thereby significantly contributing to the market growth. Furthermore, the low availability of arable land and the rising demand for high-quality fertilizers to enhance produce have propelled the market growth on the global level. Moreover, numerous initiatives undertaken by the governments of several countries to promote the use of sulfur fertilizers for good quality crop yield have also created a positive outlook for the market. In addition to this, the growing awareness among the farmers about the multiple benefits of sulfur fertilizers has further impelled the market growth.
Report Segmentation:
The report has segmented the market on the basis on region, type, cultivation type, crop type, form, mode of application.
Breakup by Type:
- Sulphate Fertilizers
- Elemental Sulfur Fertilizers
- Liquid Sulfur Fertilizers
- Others
Breakup by Cultivation Type:
- Conventional Agriculture
- Controlled Environment Agriculture
Breakup by Crop Type:
- Cereals and Grains
- Oilseeds and Pulses
- Fruits and Vegetables
- Others
Breakup by Form:
- Dry
- Liquid
Breakup by Mode of Application:
- Soil
- Foliar
- Fertigation
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
List of Major Key Players:
- Achema
- Coromandel International limited (Murugappa Group)
- ICL Group Ltd.
- K+S AG
- Koch Industries Inc.
- Kugler Company
- Mitsui & Co. Ltd.
- Nutrien Ltd.
- Royal Dutch Shell plc
- Sulfur Mills Limited
- The Mosaic Company
- Yara International ASA.
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