ID: MRFR/AGR/8655-HCR | February 2021 | Region: Global | 90 pages
Global Sulfur Fertilizers Market size is expected to cross USD 4 Billion by 2026 at a CAGR of 2.1% during the forecast period of 2020 to 2026. It is a market with perfect competition due to the presence of numerous buyers and manufacturers. The market is governed by several players operating at the local and regional levels. Prominent manufacturers are investing in expansion and research & development activities to upgrade their facilities and to launch new products with higher efficiency and application suitable for different crops.
Sulfur fertilizers are plant growth agrochemicals containing sulfur. They help in minimizing sulfur deficiency in crops and promote growth. The key determinant driving the growth of the sulfur fertilizers market is the increasing deficiency of sulfur in the soil. Sulfur fertilizers are added to the soil to replenish the lost sulfur. Additionally, the surging demand for high-quality agricultural produce is also boosting the sales of sulfur fertilizers across the globe.
Organic farming is gaining popularity over conventional farming globally. Owing to the increasing demand for organic products amongst the consumers, several farmers are shifting to organic farming from conventional farming. This shift has resulted in declining sales of conventional sulfur fertilizers, which in turn is negatively impacting the growth of the global sulfur fertilizers market.
Increasing the sulfur content of sulfur-deficient soil
By Mode of Application
By Crop Type
|Market Size||USD 4 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Type, Form, Mode of Application and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Yara International ASA (Norway), Nutrien, Ltd. (Canada), Koch Industries, Inc. (US), Deepak Fertilizers and Petrochemicals Ltd. (India), The Mosaic Company (US), ICL (Israel), Coromandel International Limited (India), Nufarm Limited (Australia), K+S Aktiengesellschaft (Germany), EuroChem Group (Switzerland)|
|Key Market Opportunities||
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
Global Sulfur Fertilizers Market is anticipated to hold a value of USD 4 billion by the end of 2026.
Global Sulfur Fertilizers Market is projected to expand at a CAGR of 2.1% by the end of 2026.
Increasing the sulfur content of sulfur-deficient soil is the market USP of the Global Sulfur Fertilizers Market.
Increasing usage of organic farming is the most crucial factor impeding the Global Sulfur Fertilizers Market.
Yara International ASA (Norway), Nutrien, Ltd. (Canada), EuroChem Group (Switzerland), Koch Industries, Inc. (US), K+S Aktiengesellschaft (Germany), Deepak Fertilizers and Petrochemicals Ltd. (India), Nufarm Limited (Australia), The Mosaic Company (US), Coromandel International Limited (India), and ICL (Israel), are some of the renowned players of the global sulfur fertilizers market.