Sulfur Fertilizers Market Will Hit Big Revenues in the Future
Factors such as the increase in sulfur deficiencies in the soil and high consumption of traditional sulfate fertilizers are projected to drive the growth of the sulfur fertilizers market.
(EMAILWIRE.COM, January 11, 2021 ) The Sulfur Fertilizers Market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach a value of USD 5.1 billion by 2025, recording a CAGR of 2.2% during the forecast period. The increase in sulfur deficiency in the soil is a major factor that is projected to drive the growth of the sulfur fertilizers market. The causes of sulfur deficiency in the soil include reduced deposition of atmospheric sulfur due to stringent regulations imposed on the emission of sulfur dioxide from industries. In addition, intensive agricultural practices, the use of improved crop varieties, and the rise in area under irrigation are factors that are projected to drive the demand for sulfur fertilizers.
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Sulfate containing fertilizers offer advantages of providing sulfur in sulfate form, which is readily available for plant uptake. Sulfate-S is mobile in most soils, as it has a double negative charge and repels the negative charge of the soil, unlike nutrients, such as potassium, calcium, or magnesium. Sulfate form moves freely with soil moisture, particularly in the upper levels of the soil profile. The most readily available source of sulfate fertilizers is ammonium sulfate (AS), single superphosphate (SSP), potassium sulfate, and potassium and magnesium sulfate.
The soil application of sulfur fertilizers is the most commonly used mode of application due to the reduced cost of overall applications. Sulfur fertilizers can be applied in the soil through techniques, such as a broadcast, which helps in the uniform distribution of fertilizers on the soil surface. Widespread sulfur deficiencies in soils is a key factor that is projected to encourage the use of sulfur fertilizers through application in soils. Fertilizer manufacturers have introduced new products that can be broadcasted or banded to meet the increasing demand for sulfur.
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The advantage of using dry fertilizers is that they have an extended shelf life and can provide nutrition to plants over an extended period of time. Thus, the increase in the consumption of granular or powdered sulfur fertilizers is a key factor that is projected to drive the growth of the dry segment in the sulfur fertilizers market. Furthermore, the launch of elemental sulfur enriched NPK fertilizers has also led to a high demand for the dry form of sulfur fertilizers.
The Rest of the World is segmented into South Africa, Turkey, and others in RoW, which includes Egypt, Morocco, Saudi Arabia, Iran, Israel, and Kenya. The agricultural activities in the African and Middle Eastern countries are carried out majorly, along the river banks and streams. Most farmers in these countries are small-scale and produce grains and other products for their own consumption and sale. However, farmers in a few Middle Eastern countries are gradually becoming aware of the benefits of sulfur fertilizers with the help of non-profit and non-governmental organizations.
Additionally, the high growth of the RoW region is supported by the increase in sulfur deficiency in the Middle Eastern and African regions.
Leading companies are Nutrien, Ltd. (Canada), Yara International ASA (Norway), The Mosaic Company (US), ICL (Israel), K+S Aktiengesellschaft (Germany), Balchem Inc. (US), Compass Minerals (US), Sapec S.A. (Belgium), Tessenderlo Kerley, Inc. (Belgium), EuroChem Group (Switzerland), SQM S.A. (Chile), Zuari Agro Chemicals (India), Koch Industries, Inc. (US), The Kugler Company (US), Sulphur Mills (India), Coromandel International Ltd (India), Deepak Fertilizers and Petrochemicals Ltd. (India), Tiger-Sul Products LLC (US), Nufarm Limited (Australia), and Shell Sulphur Solutions (Netherlands).
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=212686493
Sulfate containing fertilizers offer advantages of providing sulfur in sulfate form, which is readily available for plant uptake. Sulfate-S is mobile in most soils, as it has a double negative charge and repels the negative charge of the soil, unlike nutrients, such as potassium, calcium, or magnesium. Sulfate form moves freely with soil moisture, particularly in the upper levels of the soil profile. The most readily available source of sulfate fertilizers is ammonium sulfate (AS), single superphosphate (SSP), potassium sulfate, and potassium and magnesium sulfate.
The soil application of sulfur fertilizers is the most commonly used mode of application due to the reduced cost of overall applications. Sulfur fertilizers can be applied in the soil through techniques, such as a broadcast, which helps in the uniform distribution of fertilizers on the soil surface. Widespread sulfur deficiencies in soils is a key factor that is projected to encourage the use of sulfur fertilizers through application in soils. Fertilizer manufacturers have introduced new products that can be broadcasted or banded to meet the increasing demand for sulfur.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=212686493
The advantage of using dry fertilizers is that they have an extended shelf life and can provide nutrition to plants over an extended period of time. Thus, the increase in the consumption of granular or powdered sulfur fertilizers is a key factor that is projected to drive the growth of the dry segment in the sulfur fertilizers market. Furthermore, the launch of elemental sulfur enriched NPK fertilizers has also led to a high demand for the dry form of sulfur fertilizers.
The Rest of the World is segmented into South Africa, Turkey, and others in RoW, which includes Egypt, Morocco, Saudi Arabia, Iran, Israel, and Kenya. The agricultural activities in the African and Middle Eastern countries are carried out majorly, along the river banks and streams. Most farmers in these countries are small-scale and produce grains and other products for their own consumption and sale. However, farmers in a few Middle Eastern countries are gradually becoming aware of the benefits of sulfur fertilizers with the help of non-profit and non-governmental organizations.
Additionally, the high growth of the RoW region is supported by the increase in sulfur deficiency in the Middle Eastern and African regions.
Leading companies are Nutrien, Ltd. (Canada), Yara International ASA (Norway), The Mosaic Company (US), ICL (Israel), K+S Aktiengesellschaft (Germany), Balchem Inc. (US), Compass Minerals (US), Sapec S.A. (Belgium), Tessenderlo Kerley, Inc. (Belgium), EuroChem Group (Switzerland), SQM S.A. (Chile), Zuari Agro Chemicals (India), Koch Industries, Inc. (US), The Kugler Company (US), Sulphur Mills (India), Coromandel International Ltd (India), Deepak Fertilizers and Petrochemicals Ltd. (India), Tiger-Sul Products LLC (US), Nufarm Limited (Australia), and Shell Sulphur Solutions (Netherlands).
Contact Information:
MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results