Increasing Sulfur Deficiency in Soil is Leading to Strong Demand for Sulfur Fertilizers During the Forecast Period

The sulfur fertilizers market is driven by increase in demand for higher agricultural productivity and reduction in sulfur emission influencing the demand for added sulfur.

(EMAILWIRE.COM, February 11, 2020 ) The sulfur fertilizers market is projected to reach USD 6.29 billion by 2022, from USD 5.47 billion in 2017, at a CAGR of 2.84%. The market is driven by growth in demand for crops prone to sulfur deficiency and increase in sulfur deficiency in soil. Increase in the trend of organic food consumption is one of the major restraints in the growth of the sulfur fertilizers market.

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Oilseeds & pulses segment led the market with the largest share

The oilseeds & pulses segment accounted for the majority share in sulfur fertilizers market. Oilseeds, particularly canola, have a higher requirement for sulfur as compared to cereal crops since it is an essential element in the growth of fertile canola flowers. Sulfur is also necessary for healthy nodule growth on roots of pulse crops such as bean and pea.

Band: segment is projected to be the fastest-growing from 2017 to 2022

Based on application method, the band segment is projected to grow at the highest rate during the forecast period. For the application of sulfate sulfur fertilizers, side-banding is the most efficient way to produce maximum seed yield. Thus, it is projected to grow at the highest CAGR in the forecast period.

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Asia Pacific led the market with the largest share

Asia Pacific was the largest sulfur fertilizers market in 2016. The increasing population of this region creates an exponential demand for food and with limited scope for bringing additional area under agriculture, the region has been relying on the usage of sulfur fertilizers for meeting food demand. The market in this region is also projected to be the fastest-growing from 2017 to 2022. It is driven by the increase in agricultural practices and the requirement of high-quality agricultural produce. The use of sulfur fertilizers is becoming a common practice in countries such as India, China, and other emerging markets such as Taiwan, Thailand, and Indonesia.

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