The global sulfur fertilizer market size is anticipated to reach USD 5.44 billion by 2030 and is projected to grow at a CAGR of 2.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is growing due to the higher demand for effective soil supplements like sulfur fertilizers, increased agricultural production, and reduced sulfur output. This trend is also driven by urbanization, which boosts the need for agricultural products, the rising demand from fertilizer manufacturers, and greater awareness among farmers about the importance of sulfur for better crop yields.
Sulfur fertilizers are important for plant growth and development. Sulfur is a key nutrient that plants need for making amino acids, proteins, and enzymes. These fertilizers come in forms like elemental sulfur, sulfate, and sulfide, and are added to soil to fix sulfur deficiencies in crops. They help maintain soil fertility and boost crop yields. These fertilizers also improve plant health and strength, making them more resistant to environmental stress and diseases. In addition, they help plants use other essential nutrients like nitrogen and phosphorus more efficiently, enhancing overall nutrient uptake.
Gather more insights about the market drivers, restrains and growth of the Sulfur Fertilizer Market
As farmers understand how important sulfur is for better crop yields and quality, the need for fertilizers is increasing. The move towards sustainable farming and the focus on boosting crop productivity are also pushing up the demand for these products.
Sulfur Fertilizer Market Report Highlights:
- Based on type, the sulfates segment led the market with the largest revenue share of 42.8% in 2023. Ammonium sulfate, which has 24% sulfur, is a popular sulfate fertilizer because plants can quickly absorb it
- Based on form, the liquid segment led the market with the largest revenue share of 78.3% in 2023. Liquid sulfur fertilizers are made as solutions or suspensions that plants can easily absorb
- Based on crop type, the cereals & grains segment led the market with the largest revenue share of 35.4% in 2023. Different crops need different amounts of sulfur, and how much fertilizer to use depends on the crop type, other fertilizers used, soil conditions, and spacing.
- Asia Pacific dominated the market with the largest revenue share of 40.5% in 2023. The Asia Pacific region is a major producer of agricultural goods and is expected to contribute significantly to global agricultural production
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List of Key Players in the Sulfur Fertilizer Market Include
- Yara International
- Nutrien Inc
- The Mosaic Company
- ICL
- Nufarm Limited
- Koch Industries Inc.
- Shell Sulfur Solutions
- Sulphur Mills Ltd.
- Nutri-Tech Solutions Pvt Ltd.
- Agro Chemicals Ltd.
About Grand View Research
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
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