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Global Sulfur Fertilizer Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Sulfur Fertilizer Market value is expected to reach $6.39 billion growing at a CAGR of 4.2% during 2022-2028.Sulphur is required for numerous plant growth functions such as nitrogen metabolism, enzyme activity, and protein and oil synthesis. Sulphur-deficient plants typically have short or spindly stems, as well as yellowing of the young leaves. Sulphur is good to all crops because it raises the proportion of oil content in oilseed crops, works as a tonic for plants in conjunction with soil fertility and insecticides, and stimulates the activity of enzymes in plants. Increases the quantity of starch contained in potatoes and improves the quality of tobacco, vegetables, and fodder crops. Hence, all the above factors are boosting the growth of the market.
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Europe is projected to have the highest CAGR over the forecast period, owing to an increase in agricultural practises in the region, as well as an increase in demand for high-quality agricultural produce. Furthermore, the large consumption due to rising demand is likely to drive the growth of the Sulphur Fertilisers Market in the near future. Moreover due to an expansion in agricultural land and increased awareness about the usage of sulphur in the region and the early use of new technologies in healthcare such as data analysis, IoT, and AI is projected to drive regional growth.
Some of the key players profiled in the Sulfur Fertilizer Market include Yara International ASA, Nutrien, Ltd, The Mosaic Company, Koch Industries, Inc., Nufarm Limited, EuroChem Group, Balchem Inc, Nutri-tech Solutions Pty Ltd., Zuari Agro Chemicals Ltd., Tessenderlo Kerley, Inc, Shell Sulfur Solutions, The Kugler Company, Coromandel International Limited, Compass Minerals, Deepak Fertilizers and Petrochemicals Ltd., K+S Aktiengesellschaft, Haifa Chemicals and Israel Chemicals Ltd.
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