Sulfur Fertilizers Market – Technology and Global Forecast

Factors such as the increase in sulfur deficiencies in the soil and high consumption of traditional sulfate fertilizers are projected to drive the growth of the sulfur fertilizers market.

(EMAILWIRE.COM, June 16, 2021 ) The global sulfur fertilizers market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach USD 5.1 billion by 2025, recording a CAGR of 2.2%. The growth of the sulfur fertilizers market is driven by various factors, such as the increase in sulfur deficiency in soils across the world due to strict regulations on sulfur emission and the cultivation of high-yielding crop varieties.

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Key Players:

• Nutrien, Ltd. (Canada)
• Yara International ASA (Norway)
• The Mosaic Company (US)
• ICL (Israel)
• Balchem Inc. (US)
• Compass Minerals (US)

By crop type, the oilseeds & pulses segment is projected to be the fastest-growing in the sulfur fertilizers market during the forecast period.

A majority of the global oilseed production occurs in semi-arid tropical areas where the average yield is low. The oilseeds are drought-tolerant with low transpiration. Hence, crops in these regions suffer from sulfur deficiency due to insufficient supply. Soybean, canola, and groundnut are the major crops considered under this segment that utilize sulfur fertilizers. Sulfur is used as a plant nutrient for the synthesis of oil and the production of proteins. The sulfur requirement in oilseeds is comparatively higher than the other crops. Hence, it is projected to dominate the market during the forecast period.

The sulfates segment is projected to be the largest segment in the sulfur fertilizers market during the forecast period.

Sulfate containing fertilizers offer advantages of providing sulfur in sulfate form, which is readily available for plant uptake. Sulfate-S is mobile in most soils, as it has a double negative charge and repels the negative charge of the soil, unlike nutrients, such as potassium, calcium, or magnesium. Sulfate form moves freely with soil moisture, particularly in the upper levels of the soil profile. The most readily available source of sulfate fertilizers is ammonium sulfate (AS), single superphosphate (SSP), potassium sulfate, and potassium and magnesium sulfate.

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RoW is projected to grow at the highest CAGR during the forecast period.

The Rest of the World is segmented into South Africa, Turkey, and others in RoW, which includes Egypt, Morocco, Saudi Arabia, Iran, Israel, and Kenya. The agricultural activities in the African and Middle Eastern countries are carried out majorly, along the river banks and streams. Most farmers in these countries are small-scale and produce grains and other products for their own consumption and sale. However, farmers in a few Middle Eastern countries are gradually becoming aware of the benefits of sulfur fertilizers with the help of non-profit and non-governmental organizations.