Sulphur Fertilizers Market to Grow with a CAGR of 4.25% through 2029
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.
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"Global Sulphur Fertilizers Market”
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.
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.
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“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.
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