According to the latest report by IMARC Group, titled “Sulfur Fertilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the sulfur fertilizers market price. The global sulfur fertilizers market reached a value of US$ 5.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting a CAGR of 3.34% during 2022-2027.
Sulfur fertilizers constitute sulfur in combination with other nutrients, such as nitrogen or potassium. They are vital for the growth and development of crops. Their utilization aids in increasing the protein levels in plants while improving the starch content of tubers.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Sulfur Fertilizers Market Trends:
The
global market is primarily driven by the increasing prevalence of sulfur deficiencies
in the soil. Since some crops don't receive an adequate amount of sulfur, this
has led to the widespread uptake of sulfur fertilizers across the globe,
thereby significantly contributing to the market growth. Furthermore, the low
availability of arable land and the rising demand for high-quality fertilizers
to enhance produce have propelled the market growth on the global level.
Moreover, numerous initiatives undertaken by the governments of several
countries to promote the use of sulfur fertilizers for good quality crop yield
have also created a positive outlook for the market. In addition to this, the
growing awareness among the farmers about the multiple benefits of sulfur
fertilizers has further impelled the market growth.
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Global Sulfur Fertilizers Market 2022-2027 Analysis and Segmentation:
Competitive
Landscape:
The competitive landscape
of the market has been studied in the report with the detailed profiles of the
key players operating in the market.
Achema, Coromandel International limited
(Murugappa Group), ICL Group Ltd., K+S AG, Koch Industries Inc., Kugler
Company, Mitsui & Co. Ltd., Nutrien Ltd., Royal Dutch Shell plc, Sulfur
Mills Limited, The Mosaic Company and Yara International ASA.
The report has segmented
the market on the basis on region, disc type, material type and end user.
Breakup
by Type:
·
Sulphate Fertilizers
·
Elemental Sulfur Fertilizers
·
Liquid Sulfur Fertilizers
·
Others
Breakup
by Cultivation Type:
·
Conventional Agriculture
·
Controlled Environment Agriculture
Breakup
by Crop Type:
·
Cereals and Grains
·
Oilseeds and Pulses
·
Fruits and Vegetables
·
Others
Breakup
by Form:
·
Dry
·
Liquid
Breakup
by Mode of Application:
·
Soil
·
Foliar
·
Fertigation
Breakup
by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
·
Middle
East and Africa
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Analyst for Customization and Explore Full Report with TOC & List of
Figure: https://www.imarcgroup.com/sulfur-fertilizers-market
Key
highlights of the report:
- Market Performance
(2016-2021)
- Market Outlook (2022-
2027)
- Porter’s Five Forces
Analysis
- Market Drivers and
Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping
of the Competitive Landscape
If you need specific
information that is not currently within the scope of the report, we can
provide it to you as a part of the customization.
If you want latest primary
and secondary data (2022-2027) with Cost Module, Business Strategy,
Distribution Channel, etc. Click request free sample report, published report
will be delivered to you in PDF format via email within 24 to 48 hours of
receiving full payment.
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