Sulfur fertilizers are the important plant nutrient that
are necessary for optimizing the overall production. It assists in creating
chlorophyll which allows photosynthesis for plants that manufactures food from
starch, oils, sugars, vitamins, fats, and other compounds. It also assists in
synthesizing oil. The sulfur fertilizers are used for the enzyme creation
assisting in biochemical reactions for the plant. It augments crop yields and
improves the overall product quality. The sulfur fertilizers recoversthe oilprotein
percentage in cereal,milling seeds quality, baking, quality of tobacco, marketability
of dry coconut kernel (copra), nutritive value of forages, etc.
According to study, “Global
Sulfur Fertilizers Market Size Study, by Type (Sulfate, Elemental
Sulfur, Sulfates of Micronutrients), by Crop Type (Conventional Agriculture,
Controlled Environment Agriculture), by Formulation, and Regional (North
America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts,
2017-2025 (USD Billion/Million)” some of the major companies that are currently
working in the global sulfur fertilizers market are Coromandel International,
Agrium, ICL, Deepak Fertilisers& Petrochemicals, The Kugler Company, K+S
Aktiengesellschaft, Euroshem, Eurochem, Yara, The Mosaic Company, Potash Corp.of
Saskatchewan, Yara, Koch Industries, Uralchem.
Based on type, global
sulfur fertilizers Industry is segmented into elemental sulfur (elemental
sulfur & sulfur bentonite), sulfate fertilizers (calcium sulfate, ammonium
sulfate, single super phosphate, potassium magnesium sulfate, potassium sulfate
& ammonium phosphate sulfate) and sulfates of micronutrients (copper, zinc,
manganese and iron). Based on formulation, market is split into dry formulation
and liquid formulation. The dry formulation methods include dry granules,
wettable powder and water dispersible granules. Liquid formulation include
emulsifiable concentrate, soluble liquid concentrate and suspension
concentrate. Based on crop type, market is segmented into the controlled
environment and conventional agriculture.Conventional agriculture is further
sub-segmented into fruits and vegetables, oilseeds, pulses (soybean, groundnut
& canola), cereals & grains (wheat, corn & rice) and others. Based
on application method, the market is divided into broadcast, foliar, seed row,
band and others.Band method improves the efficiency and leads to quick growth
of the crops.
The global sulfur fertilizers market is primarily
driven by risein need for high productivity using limited land area. Some of
the other driven aspects are increased demand for crops prone to sulfur
deficiency, risein sulfur deficiency in soil leading to the need of sulfur
emission regulations. Some of the other restraints of the market are depressed
commodity prices, followed by rise of organic food consumption, environmental
concerns, unfavorable regulatory stance and lowering of the farm income.Moreover,
increase in usage of high analysis fertilizers without lowering the increased sulfur
consumption added to the increase in the trend of fertilizers with the rise in
investment for agricultural activities from the developing countries is expected to new opportunities to the market.
Asia-Pacific region is expected to lead the sulfur fertilizers
market by maintaining the situation in the upcoming years which has led to the
growth in agricultural practices and the requirement of high-quality
agricultural generation accommodating the residents growing in the developing
nations. By 2017 the market in terms of value for global sulfur fertilizers
market is expected to increase to US$ 5.6 billion is anticipated to grow
significantly over the forecast period.
For more information on the research
report, refer to below link:
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