Fr. Jul 5th, 2024

Advancements in agricultural practices & technologies and increase in the number of large-scale farming operations is expected to drive the Global Sulphur Fertilizers Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “Sulphur Fertilizers Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Sulphur Fertilizers Market stood at USD 5.21 Billion in 2023 and is anticipated to grow with a CAGR of 4.25% in the forecast period, 2025-2029. The Global Sulphur Fertilizers Market is driven by a multitude of factors which includes the increasing demand for higher agricultural productivity due to the rising global population is propelling the market growth.

Furthermore, the widespread deficiency of sulphur in soils around the world necessitates the use of sulphur fertilizers to ensure crop health. Technological advancements, offering efficient and environment-friendly sulphur fertilizers, also contribute to market growth. Supportive government policies and subsidies for fertilizers in several countries fuel the demand for sulphur fertilizers.

The Global Sulphur Fertilizers Market is a vast and dynamic arena focused on the trade of sulphur-based fertilizers, essential for optimal plant growth. Sulphur plays a pivotal role in fostering robust root development and facilitating chloroplast production, vital for photosynthesis. These fertilizers not only aid in synthesizing crucial amino acids and proteins but also bolster overall plant health and productivity.

Within this market, various types of sulphur fertilizers cater to the diverse needs of farmers, gardeners, and agricultural enterprises worldwide. Sulphate-based fertilizers like ammonium sulphate and potassium sulphate offer immediate sulphur availability, while elemental sulphur fertilizers release sulphur gradually over time. Sulphur-coated urea provides controlled release of nutrients, combining benefits of sulphur and nitrogen.

The Global Sulphur Fertilizers Market strives to boost crop yield and agricultural productivity while promoting sustainable farming practices. By ensuring sulphur availability to plants, these fertilizers aid in amino acid and protein synthesis, vital for growth. They also enhance plant resilience against diseases and environmental stresses, reducing reliance on synthetic chemicals and fostering environmental sustainability.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on “Global Sulphur Fertilizers Market”
https://www.techsciresearch.com/report/global-sulphur-fertilizers-market/2510.html

Technological advancements and growing awareness of sustainable agriculture drive market evolution. Innovative solutions like granular, liquid, and foliar fertilizers are tailored to meet specific soil and crop needs, maximizing productivity while minimizing environmental impact. By supporting sustainable farming and ensuring food security, the market plays a crucial role in improving livelihoods and enhancing food availability. Its continual efforts pave the way for a brighter, more sustainable future in agriculture, meeting present and future needs while preserving environmental integrity.

The Global Sulphur Fertilizers Market is segmented into type, formulation, crop type, application method, regional distribution, and company.

Based on formulation, the sulfur fertilizer market can be categorized into liquid and dry segments. The dry segment held the largest sales share in 2023, mainly due to the simplicity of handling, storing, and transporting dry sulfur fertilizer formulations, making them widely used in agriculture. Farmers prefer dry sulfur fertilizers like Ammonium Sulfate, urea sulfur, and elemental sulfur due to their affordability and ease of application with conventional agricultural equipment. These dry sulfur fertilizers fulfill the sulfur requirements of crops, which is essential for plant and agricultural growth, resulting in improved crop yield and quality.

The liquid sector is expected to experience the fastest revenue growth throughout the projection period. The increasing popularity of liquid sulfur fertilizers can be attributed to their ease of use and quick absorption by plants. They are commonly used in hydroponic farming and greenhouses, where the roots of plants can readily absorb liquid sulfur fertilizers such as sulfuric acid and ammonium thiosulfate, providing rapid effects. Liquid sulfur fertilizers can be applied directly to the soil or through foliar application, and they can be easily combined with other fertilizers. These advantages are expected to drive the demand for liquid sulfur fertilizers and contribute to the revenue growth of this market segment. The expanding global sulfur fertilizer market is driven by the growing need for sulfur fertilizers in agriculture to enhance crop production and quality.

Farmers’ increasing awareness of the benefits of sulfur fertilizers, such as improved soil health and nutrient absorption, is also expected to contribute to market expansion. Additionally, the demand for sulfur fertilizers is anticipated to rise due to the growing trend towards sustainable agricultural practices and the need for food security in developing countries. The market for sulfur fertilizer is expected to grow further due to the increasing popularity of organic farming and the necessity to reduce the use of synthetic fertilizers.

Based on region, the Asia Pacific region dominated the worldwide sulfur fertilizer market in 2023. The expansion of the agriculture sector and increasing demand for high-quality crops are the primary drivers behind the need for sulfur fertilizers in this area. With a focus on sustainable agricultural techniques, countries like China and India are expected to fuel the growth of the sulfur fertilizer market in the region.

Over the projected period, the North American market is also expected to achieve a significant revenue compound annual growth rate (CAGR). The region’s growth is attributed to the rising demand for higher crop yields and improved soil fertility. The adoption of modern farming techniques by local farmers is projected to enhance crop quality and drive the demand for sulfur fertilizers.

Additionally, government programs supporting environmentally friendly farming methods are expected to further accelerate the expansion of the sulfur fertilizer market in the region. Throughout the forecast period, the European market is anticipated to experience moderate growth, driven by increasing consumer demand for premium products and environmentally friendly farming methods. Countries like Germany, France, and Italy are leading the way in expanding the region’s agriculture sector. The expansion of the agricultural sector in the region is expected to drive the demand for sulfur fertilizers.

Major companies operating in Global Sulphur Fertilizers Market are:

  • Nufarm Australia Limited
  • Haifa Group
  • K+S Aktiengesellschaft
  • The Mosaic Company
  • Coromandel International Limited
  • Yara International ASA
  • Nutrien Ag Solutions Ltd.
  • Deepak Fertilisers and Petrochemicals Corporation Limited
  • ICL Group Ltd.
  • Koch Industriesm, Inc.

Download Free Sample Report
https://www.techsciresearch.com/sample-report.aspx?cid=2510

Customers can also request for 10% free customization on this report

“There has been a surge in initiatives aimed at reducing sulfur emissions due to their detrimental impact on the environment, including deforestation. This, coupled with growing awareness of soil degradation caused by conventional agricultural practices and limited arable land, is a key driver for market growth. Sulfur fertilizers play a crucial role in supporting essential plant growth functions, such as enzyme activity, nitrogen metabolism, and protein and oil synthesis. They also enhance yield and facilitate early production with higher oil and protein levels.

Additionally, the global food shortage, resulting from the increasing population, has a positive effect on sulfur fertilizer sales. Furthermore, governments of various countries are offering grants and subsidies to support the agricultural sector, which in turn propels market growth. Moreover, leading industry players are introducing advanced fertilizers, such as elemental sulfur enriched NPK fertilizers, to address nutrient-poor soil with a light texture. These innovative solutions contribute to a favorable market outlook.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Sulphur Fertilizers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Sulphate Fertilizers, Elemental Sulphur Fertilizers, Sulphates of Micronutrients and Others), By Formulation (Liquid and Dry), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others), By Application Method (Band, Broadcast, Seed Row, Foliar and Others), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Sulphur Fertilizers Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Sulphur Fertilizers Market.

Contact

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: sales@techsciresearch.com

Website: www.techsciresearch.com

Pressemitteilung teilen:
Lisa Tate

Von Lisa Tate

Schreibe einen Kommentar