About This Report

Sulfur Fertilizers Market, by Type (Sulfates, Elemental Sulfur, and Liquid Sulfur Fertilizers), by Crop Type (Cereals & Grain, Oilseeds & Pulses, Fruits & Vegetables, and Others), by Product Form (Dry, and Liquid), by Mode of Application (Soil, Foliar, and Fertigation), by Application (Residential, and Commercial), and by Region (North America, South America, Europe, Asia Pacific, The Middle East, and Africa) - Size, Share, COVID Impact Analysis, Growth, Outlook, and Opportunity Analysis, 2020 - 2028

Sulfur fertilizers are enriched in sulfate-containing ingredients essential for the growth of legume crops and cereals benefitting from nodule formation on root hairs and facilitation of nitrogen-fixing nutrients.

In 2020, the Sulfur Fertilizers market was valued at US$ 4377.4 million, and it is anticipated to be around US$ 5167.9 million by 2027. Over the forecast period, the market is expected to grow at a CAGR of 2.4%. 

Increasing product demand for high-quality crop yield and the rising need to shield against sulfur deficiency in the soil would act as some of the primary influential factors responsible for the growth of the Sulfur Fertilizers market. However, the prominent growth in consumer demand for organic fertilizers and volatility in product pricing figures might act as challenges to market growth in the coming years. The surge in sulfur fertilizer purchase in agriculture-focused economies would provide crucial companies with new opportunities for product sales and business expansion initiatives during the forecast period.

The growth in demand for the enrichment of crop quality while also maintaining a rise in crop yield to cater to an ever-increasing global population has required the need for use of fertilizers that would assist in the development of crops. The sulfur-based fertilizers play an important role in the amendment of essential soil nutrients to make it fit for an upturn in crop growth, thereby ensuring that efforts aimed at upliftment of crop yield on an annual basis are achieved in an efficient manner. The easiness of sulfur availability to plants in the form of enriched fertilizer products has become an essential factor in improving crop nutrition around the season, effectively maintaining a rich consistency in the full-time availability of nutrients vital for crop growth. Such factors would generate interest in sulfur fertilizers for the increase in crop yield and bolster prospects of market growth in the ensuing period.

The global Sulfur Fertilizers market is mainly classified based on Type, Crop Type, Product Form, and Mode of Application. Type is segmented into Sulfates, Elemental Sulfur, and Liquid Sulfur Fertilizers. By Product Form, the market is further categorized into Dry and Liquid. By Mode of Application the global Sulfur Fertilizers market is bifurcated into Soil, Foliar, and Fertigation.

On the basis of Type, the Sulfates segment is expected to possess a significant share of the market in terms of overall revenue owing to the easy commercial availability of different sulfate products in several mixtures & combinations that would assist in the improvement of crop growth. The prominent consumer demand for micronized sulfate fertilizers such that essential nutrients are made conveniently accessible to various crops all around the year would further boost segment growth.

Interesting Facts of Sulfur Fertilizers Market.

• As sulfur fertilizer producers focus more on introducing a wide range of Sulfur Fertilizer portfolios, Oilseeds & Pulses are expected to witness robust growth among all categories of the Crop Type segment.

• The Asia Pacific will have the highest proportion of the Sulfur Fertilizers sector by region, as new investments for the improvement of agricultural produce are expected to serve as one of the primary factors to encourage regional market growth.

• The agriculture industry in developing economies is constantly evolving due to the need for higher crop produce and enrichment of crop quality for better nutrition at the same time.

• The Dry segment is expected to have a substantial market share in the Sulfur Fertilizers market by Product form owing to easy shipping & transportation of commercial products in sealed packaging units and the advantages of a longer shelf-life for final products ensuring improved opportunities for product sales across remote areas of the globe.

• China and India would have the most prominent shares of the Asia Pacific Sulfur Fertilizers market due to a strong focus on improvement of crop quality for better agricultural measures and consistent demand for improved food nutrition across all age groups amongst an ever-increasing surge in the regional population.

The Asia Pacific will account for the largest share of the Sulfur Fertilizers industry.

The Asia-Pacific market for sulfur fertilizers is expected to witness robust growth and account for a substantial market share by region. This growth rate is expected to be boosted by major agriculture-focused countries such as China and India. The crucial role of the overall agriculture industry in the growth and development of the regional economy and the presence of a large regional population influencing demand for higher crop yield would pose as some of the key factors bolstering growth opportunities of the Asia Pacific Sulfur Fertilizers market.

Global Sulfur Fertilizers Market Key Players

Some of the major competitors in the global Sulfur Fertilizers market include Coromandal Agrico, EuroChem Group, ICL Fertilizers, K+S Aktiengesellschaft, Keg River Chemical Corp., Koch Fertilizer, LLC, Kugler Company, Nufarm Limited, Nutrien, Ltd., Nutri-Tech Solutions Pty Ltd., SQM S.A., Tessenderlo Kerley International, Tiger-Sul, Inc., Yara International ASA, and Zuari Agro Chemicals Ltd.

The Sulfur Fertilizers market is moderately fragmented as the presence of a number of global and regional companies operating in the evolving market scenario with a wide range of product portfolios and manufacturing capabilities continue to expand aggressively in recent times. The following are some recent market developments: Nutrien, Ltd. announced the successful introduction of Smart Nutrition MAP+MST fertilizer on July 15, 2020, as a commercial commodity. The product is available in micronized sulfur form with an average particle size of 15 microns, thoroughly mixed in combination with phosphate for consistent crop nutrition all around the year.

Frequently asked questions about the global Sulfur Fertilizers market

Q: What is the current size of the global Sulfur Fertilizers market?

Ans: The Sulfur Fertilizers market was valued at 4377.4 Million US$ in 2020 and is projected to reach 5167.9 Million US$ by 2027, at a CAGR of 2.4% during the forecast period.

Q: What are the major opportunities in the Sulfur Fertilizers industry?

Ans: The surge in sulfur fertilizer purchase in agriculture-focused economies would serve as one of the key opportunities for the market.

Q: What is the major growth driving factor for the Sulfur Fertilizers industry?

Ans: The increasing product demand for high-quality crop yield and the rising need to shield against sulfur deficiency in soil are some of the market's primary influential forces.

Q: Which region is expected to have the largest share of the Sulfur Fertilizers market?

Ans: The Asia Pacific will dominate the Sulfur Fertilizers market.

Q: Which Type segment will dominate the Sulfur Fertilizers market?

Ans: The sulfate segment is expected to have the largest market share by Type.