According to a new report by Reports and Data, the global Sulfur fertilizers market is foreseen to reach USD 5.49 Billion by 2028, with a CAGR of 2.5%. The increasing concerns about the deficiency of sulfur in the soil is a major key factor expanding the sulfur fertilizers market.
Conventional farming and agricultural methods have led to the degradation of soil. Thus, the soil that is now used for agriculture lacks some of the necessary components essential for crop or plant growth. Sulfur is a critical component needed for plant nourishment.
Sulfur fertilizers consist of various essential micronutrients and sulfur derivatives that are important for the plant’s growth. Rising requirements for improved plant productivity and a decrease in reactive sulfur and nitrogen emissions are expected to escalate the sulfur fertilizers market during the projected period. The increasing demand for high-quality products is also enhancing the market growth.
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Many market players, as well as several governments, are taking initiatives to invest in the expansion and R&D activities for new product launches suitable for a broad range of crops are also expected to surge the market for sulfur fertilizers.
The key participants in the sulfur fertilizers market are Abu Dhabi Fertilizer Industries WLL,, Yara International ASA, EuroChem Group, Nutrien, Ltd, Koch Industries, Inc., Kugler Company, Israel Chemicals Ltd., Devco Australia Holdings Pty Ltd, Tiger-Sul Products, LLC, K+S Aktiengesellschaft and Zuari Agro Chemicals Ltd,
However, factors such as uncertainty of commodity prices, growing preference for organic farming and, organic outputs are the significant restraints of sulfur fertilizers.
Further key findings in the report:
- Based on the form, the dry segment is predicted to witness the highest CAGR during the projection period due to its cost-effectiveness, easy storage, and extended shelf-life. The liquid form of sulfur fertilizer is less preferable over the dry form as its effect is not applicable for longer durations.
- Liquid sulfur is used in many irrigation systems and spray rigs as it minimizes the leaching possibility of the soil. It is a liquid plant nutrient that can be given to plants mainly that are sulfur deficient. The demand for this segment is increasing rapidly.
- Based on the application, the soil segment is expected to occupy a significant market share as it is the most economical than the other applications.
- The Asia Pacific region is approximated to hold around 30% of the total market share, followed by North America and Europe. The advances in the agricultural industry and the rising demand for high-quality food products are significant factors expanding the sulfur fertilizers market. Growing awareness regarding the reduction of sulfur content in the soil is predicted to propel the market growth.
- Europe is expected to register substantial growth during the prediction period due to the availability of arable land and modern agricultural techniques.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/sulfur-fertilizers-market
For this study, Reports and Data has segmented the global sulfur market based on Type, Crop Type, Form, Application, Cultivation Type, and Region:
Based On Type: (Revenue, USD billion, 2018 - 2028)
- Elemental sulfur
- Liquid sulfur fertilizers
- Sulfates
- Others
Based On Crop Type: (Revenue, USD billion, 2018 - 2028)
- Fruits & vegetables
- Oilseeds & pulses
- Cereals & grains
- Others
Based On Form: (Revenue, USD billion, 2018 - 2028)
- Liquid
- Dry
Based On Application (Revenue, USD billion, 2018 - 2028)
- Fertigation
- Soil
- Foliar
Based On Cultivation Type: (Revenue, USD billion, 2018 - 2028)
- Open field
- Controlled-environment agriculture
Based On Region: (Revenue, USD billion, 2018 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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An increase in sulfur deficiency in the soil and an increase in demand for crops that require high sulfur production has driven the growth of the sulfur fertilizers market in the forecast period of 2020- 2027.The Sulfur Fertilizers Market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in Sulfur Fertilizers industry regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market.Sulfur fertilizer is an important plant nutrient required by all farmers/cultivators for good production which plays an important role in the plants as it helps in the production of chlorophyll which allows photosynthesis where plants produce starch, sugar, oil, vitamins and other substances in the forecast period of 2020 to 2027The report encompasses an overview and examination of the major companies operating within the industry which are considered to be revenue drivers for the global Sulfur Fertilizers market.
The report conveys thorough information regarding the market’s major competitors as well as currently emerging organizations that hold considerable shareholdings in the Sulfur Fertilizers market on the basis of sales, revenue, demand, superior products manufacturers, and satisfactory services providers.Major Players Covered in this report are: Nutrien Ltd, The Mosaic Company, Yara, MITSUI & CO., LTD, Achema, Royal Dutch Shell plc, Kugler Company, Sulfur Mills Limited, Israel Chemicals Limited, ICL, DFPCL.Ask For Free Sample Report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-sulfur-fertilizers-marketGlobal Sulfur Fertilizers Market Scope and SizeSulfur fertilizers market is segmented on the basis of product type, application, crop type, mode of application, and cultivation type.
The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.On the basis of product type, the sulfur fertilizer market is segmented sulphate fertilizers, elemental sulfur fertilizers, liquid sulfur fertilizers, and others.
Sulphate fertilizers is further segmented into ammonium sulfate, single superphosphate, ammonium phosphate sulfate, potassium magnesium sulfate, potassium sulfate, sulfates of micronutrient and others.
Sulfates of micronutrient segment are further sub-segmented into iron, copper, manganese and zinc.
On the basis of cultivation type, the sulfur fertilizer market is segmented into open field, and controlled-environment agricultureFor Any Query, Speak to Our Analyst: https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-sulfur-fertilizers-marketTable of Contents:1 INTRODUCTION1.1 objectives of the study1.2 market definition1.3 overview of the global sulfur fertilizers market1.4 currency and pricing1.5 limitations1.6 markets covered2 MARKET SEGMENTATION2.1 markets covered2.2 geographical scope2.3 years considered for the study2.4 DBMR tripod data validation model2.5 primary interviews with key opinion leaders2.6 DBMR market position grid2.7 vendor share analysis2.8 multivariate modeling2.9 product timeline curve2.10 secondary sources2.11 assumptions3 EXECUTIVE SUMMARY4 PREMIUM INSIGHTS4.1 use case analysis4.2 porter’s five forces analysis5 IMPACT OF COVID-19 ON THE GLOBAL SULFUR FERTILIZER MARKET5.1 analysis on impact of covid-19 on the market5.2 aftermath of covid-19 and government initiative to boost the market5.3 strategic decisions for manufacturers after covid-19 to gain competitive market share5.4 impact on demand5.5 impact on supply chain5.6 impact on price5.7 conclusion6 GLOBAL Sulfur Fertilizers MARKET: COMPANY LANDSCAPE6.1 company share analysis: Global6.2 company share analysis: North America6.3 company share analysis: Europe6.4 company share analysis: Asia-pacific7 SWOT ANALYSISAccess Full Report: https://www.databridgemarketresearch.com/reports/global-sulfur-fertilizers-market Customization Available: Global Sulfur Fertilizers Market Data Bridge Market Research is a leader in advanced formative research.
