Sulfur Fertilizers Market

Sulfur Fertilizers Market Insights

A chemical or a natural substance added to the arid soil or land to increase fertility is called as fertilizers. Fertilizers help in providing nutrients to the plant for better growth and nourishments where, some of the popular chemicals added to the plant are potassium, nitrogen, and sulfates. Sulfur deficient crops turn yellow as they lose their chlorophyll. The properties of sulfate fertilizers are used to transfer sunlight into energy and increase nitrogen in the crop nurture. The growth of the market has taken a dip as there is a shortage of suppliers and distributors due to the global pandemic irrespective of end-user demand. This development has led to inflation during an economic slowdown in various nations. Yet, it is predicted to rise significantly with the aid of a few of the major thrusters.

According to the analysis performed by GME, the sulfur fertilizers market is betokened to register an imperative acceleration of 2.2% between the period (2020-2026).

The harmful effects of chemical fertilizers on human health are termed to be an important deterrent creating an obstacle for growth yet, leading to an increase in demand for agricultural produce, awareness of soil health management, and changing climatic conditions will support the market to reach greater heights during the forecast period.

Sulfur Fertilizers Market: By Type

Elemental, liquid, and sulfates are the various types witnessed in the global market. The sulfate will hold a vast market share. The high consumption of sulfates in fertilizers such as ammonium sulfate, ammonium phosphate sulfate, and sulfates of micronutrients due to sulfur deficiency is one of the major drivers affecting the growth of the global fertilizers market.

Sulfur Fertilizers Market: By Crop

Based on the crop, the market bifurcation can be seen as oilseeds & pulses, fruits & vegetables, cereals & grains,  and others. Oilseeds and pulses are seen to be growing upwards in this market. The rise in demand for end-users for oilseeds like soybeans, canola, and groundnuts are one of the many accelerators aiding the market.

Sulfur Fertilizers Market: By Type of Form

Dry and liquid are the distinct types of forms seen in the sulfur fertilizers industry. The dry form is set to lead the market demand between 2020-2026. The dry form of sulfur fertilizers is easier to transport and have extended shell life due to almost negative moisture content. Research & development in the agriculture sector to support the growth of the market.

Sulfur Fertilizers Market: By Mode Application

Soil, foliar, and fertigation are the modes of application for this market where fertigation is projected to account for the largest market size. fertigation is the process of mixing fertilizers into the water and distributing amongst the crops via dip or spray irrigation systems. The advantage of fertigation is the provision of nutrients constantly to avoid nutrient fluctuation in the soil. The primary nutrients fed to the soil are phosphorus, nitrogen, and potassium. Technological advancements in the agricultural domain is the fundamental accelerator affecting the enlargement of the market.

Sulfur Fertilizers Market: By Type of Cultivation

The market segmentation for the various types of cultivation is an open field and controlled-environment agriculture where controlled environment agriculture is outlooked to hold the largest share in CAGR for the forecast period. Controlled environment agriculture is the method of cultivation that is done under certain specific atmospheric conditions altering temperature, water & air pressure, sunlight, and fertilizers. Extreme climatic changes resulting in the wrecking of crops in disaster-prone regions are the major accentuator influencing the global sulfur fertilizers market.

Sulfur Fertilizers Market: By Region

Based on the geographical analysis, North America has been the front region for the precedent years yet, the Asia Pacific region that includes nations like China, Japan, India, Vietnam, Singapore is regarded to promote racing intensification during the forecast period. A hike in soil degeneration, a larger country population, and plentiful arable lands are the propellers affecting the growth of the sulfur fertilizers market.

Sulfur Fertilizers Market Share and Competitor Analysis

The Kugler Company, Sapec S.A., SQM S.A., ICL, Balchem Inc., K+S, Nutri-tech Solutions Pty Ltd., Tessenderlo Kerley, Inc., Sulphur Mills Ltd., Nutrien, Ltd., The Mosaic Company, EuroChem Group, Nufarm Ltd., Koch Industries, Inc., Yara International ASA, Compass Minerals,  Deepak Fertilizers and Petrochemicals Ltd., Coromandel International Ltd., and other supplier are the key vendors for this market.

Please note: This is not an exhaustive list of companies profiled in the report.

In March 2020, The Mosaic Company signed a strategic deal with the FTRC, University of Adelaide to focus on enhanced fertilizer effectiveness.

In February 2020, Growers Holdings Inc was acquired by ICL.