Global Sulfur Fertilizers Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
26 Jun, 2023
The global sulfur fertilizer market size is expected to grow from $4.52 billion in 2022 to $4.68 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sulfur fertilizer market size is expected to reach $5.3 billion in 2027 at a CAGR of 3.17%.
Global Sulfur Fertilizers Market Key Driver
The growing food demand is predicted to drive the expansion of the sulphur fertiliser industry in the future. Food is defined as a material that can give protein, carbohydrate, fat, and other nutrients that are needed in an organism's body and are required for proper growth. Many plant growth activities, such as nitrogen metabolism, enzyme activity, protein and oil production, rely on sulphur fertilisers in an agricultural field. Fertilisers are used to improve agricultural output, which can fulfil the world's expanding demand for food.
Get a sample of the global sulfur fertilizers market reportGlobal Sulfur Fertilizers Market Segments
The global sulfur fertilizers market is segmented:
1) By Product Type: Sulphate Fertilizers, Elemental sulfur Fertilizers, Liquid sulfur fertilizers, Other Product Types
2) By Crop Type: Cereals And Grains, Oilseeds and Pulses, Fruits and Vegetables, Turf and Ornamentals, Other Crop Types
3) By Cultivation Type: Open Field, Controlled-Environment Agriculture
4) By Form: Dry, Liquid
5) By Application: Soil, Foliar, Fertigation
6) By Geography: The regions covered in the sulfur fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global sulfur fertilizers market.
Major Sulfur Fertilizers Industry Players
Nutrien Ltd., Yara International ASA, The Mosaic Company, K+S Minerals and Agriculture GmbH, Israel Chemicals Limited, EuroChem Group, Nufarm Limited, Koch Industries Inc., Deepak Fertilizers and Petrochemicals Ltd., Coromandel International Limited, The Kugler Company, Zuari Agro Chemicals Ltd., Tiger-Sul Products LLC, Sulphur Mills Ltd., Mitsui Ltd., Nutri-Tech Solutions Pty Ltd., Achema AB, Abu Dhabi Fertilizer Industries WLL, Devco Australia Holdings Pty Ltd.
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Sulfur Fertilizers Market Overview
Sulfur fertilizers are organic or synthetic ingredients that are put into the soil or plants to boost growth and production by delivering critical plant nutrients. It is used for increasing agricultural output, supply extra nutrients to plants, and boost plant development by increasing soil fertility or replacing chemical components removed from the soil by previous crops.
Sulfur Fertilizers Global Market Report 2023 provides data on the global sulfur fertilizers market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The sulfur fertilizers market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.