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Sulfur Fertilizer Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • February 2024
  • Region: Global
  • Lucintel
  • ID: 5979974

Sulfur Fertilizer Trends and Forecast

The future of the global sulfur fertilizer market looks promising with opportunities in the cereal & grain, oilseeds & pulse, and fruit & vegetable markets. The global sulfur fertilizer market is expected to reach an estimated $4.6 billion by 2030 with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are increase in demand for crops that are prone to sulfur depletion and the increase in sulfur deficiency in the soil, growing quantity of new agricultural output, as well as, rising demand for sulfur in the agricultural industry.

Sulfur Fertilizer by Segment

The study includes a forecast for the global sulfur fertilizer by crop type, type, form, mode of application, and region.

Sulfur Fertilizer Market by Crop Type [Shipment Analysis by Value from 2018 to 2030]:

  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Others

Sulfur Fertilizer Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Sulfates
  • Elemental Sulfur
  • Liquid Sulfur Fertilizers

Sulfur Fertilizer Market by Form [Shipment Analysis by Value from 2018 to 2030]:

  • Dry
  • Liquid

Sulfur Fertilizer Market by Mode of Application [Shipment Analysis by Value from 2018 to 2030]:

  • Soil
  • Foliar
  • Fertigation

Sulfur Fertilizer Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Sulfur Fertilizer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sulfur fertilizer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sulfur fertilizer companies profiled in this report include:
  • Nutrien
  • Yara
  • The Mosaic Company
  • ICL
  • K+S Aktiengesellschaft
  • Compass Minerals
  • Nufarm
  • EuroChem
  • Koch Industries
  • Coromandel

Sulfur Fertilizer Market Insights

The publisher forecasts that sulfates will remain the largest segment over the forecast period due to the widespread use of sulfate fertilizers, both new and old, including potassium sulfate, ammonium phosphate sulfate, single superphosphate, ammonium sulfate, and sulfates of micronutrients.

APAC is expected to witness highest growth over the forecast period due to presence of best farm output, together with increased awareness of the benefits of sulfur fertilizers among farmers, as well as the drive by numerous governments to employ sulfur fertilizers for nitrogen and potassium in the region.

Features of the Global Sulfur Fertilizer Market

  • Market Size Estimates: Sulfur fertilizer market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Sulfur fertilizer market size by crop type, type, form, mode of application, and region in terms of value ($B).
  • Regional Analysis: Sulfur fertilizer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different crop type, type, form, mode of application, and regions for the sulfur fertilizer market .
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sulfur fertilizer market .
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the sulfur fertilizer market size?
Answer: The global sulfur fertilizer market is expected to reach an estimated $4.6 billion by 2030.

Q2. What is the growth forecast for sulfur fertilizer market ?
Answer: The global sulfur fertilizer market is expected to grow with a CAGR of 2.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the sulfur fertilizer market ?
Answer: The major drivers for this market are increase in demand for crops that are prone to sulfur depletion and the increase in sulfur deficiency in the soil, growing quantity of new agricultural output, as well as, rising demand for sulfur in the agricultural industry.

Q4. What are the major segments for sulfur fertilizer market ?
Answer: The future of the global sulfur fertilizer market looks promising with opportunities in the cereal & grain, oilseeds & pulse, and fruit & vegetable markets.

Q5. Who are the key sulfur fertilizer market companies?
Answer: Some of the key sulfur fertilizer companies are as follows:
  • Nutrien
  • Yara
  • The Mosaic Company
  • ICL
  • K+S Aktiengesellschaft
  • Compass Minerals
  • Nufarm
  • EuroChem
  • Koch Industries
  • Coromandel
Q6. Which sulfur fertilizer market segment will be the largest in future?
Answer: The publisher forecasts that sulfates will remain the largest segment over the forecast period due to the widespread use of sulfate fertilizers, both new and old, including potassium sulfate, ammonium phosphate sulfate, single superphosphate, ammonium sulfate, and sulfates of micronutrients.

Q7. In sulfur fertilizer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to presence of best farm output, together with increased awareness of the benefits of sulfur fertilizers among farmers, as well as the drive by numerous governments to employ sulfur fertilizers for nitrogen and potassium in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the sulfur fertilizer market by crop type (cereals & grains, oilseeds & pulses, fruits & vegetables, and others), type (sulfates, elemental sulfur, and liquid sulfur fertilizers), form (dry and liquid), mode of application (soil, foliar, and fertigation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Sulfur Fertilizer Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Sulfur Fertilizer Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Sulfur Fertilizer Market by Crop Type
3.3.1: Cereals & Grains
3.3.2: Oilseeds & Pulses
3.3.3: Fruits & Vegetables
3.3.4: Others
3.4: Global Sulfur Fertilizer Market by Type
3.4.1: Sulfates
3.4.2: Elemental Sulfur
3.4.3: Liquid Sulfur Fertilizers
3.5: Global Sulfur Fertilizer Market by Form
3.5.1: Dry
3.5.2: Liquid
3.6: Global Sulfur Fertilizer Market by Mode of Application
3.6.1: Soil
3.6.2: Foliar
3.6.3: Fertigation
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Sulfur Fertilizer Market by Region
4.2: North American Sulfur Fertilizer Market
4.2.1: North American Sulfur Fertilizer Market by Crop Type: Cereals & grains, Oilseeds & pulses, Fruits & vegetables, and Others
4.2.2: North American Sulfur Fertilizer Market by Type: Sulfates, Elemental sulfur, and Liquid sulfur fertilizers
4.3: European Sulfur Fertilizer Market
4.3.1: European Sulfur Fertilizer Market by Crop Type: Cereals & grains, Oilseeds & pulses, Fruits & vegetables, and Others
4.3.2: European Sulfur Fertilizer Market by Type: Sulfates, Elemental sulfur, and Liquid sulfur fertilizers
4.4: APAC Sulfur Fertilizer Market
4.4.1: APAC Sulfur Fertilizer Market by Crop Type: Cereals & grains, Oilseeds & pulses, Fruits & vegetables, and Others
4.4.2: APAC Sulfur Fertilizer Market by Type: Sulfates, Elemental sulfur, and Liquid sulfur fertilizers
4.5: ROW Sulfur Fertilizer Market
4.5.1: ROW Sulfur Fertilizer Market by Crop Type: Cereals & grains, Oilseeds & pulses, Fruits & vegetables, and Others
4.5.2: ROW Sulfur Fertilizer Market by Type: Sulfates, Elemental sulfur, and Liquid sulfur fertilizers
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Sulfur Fertilizer Market by Crop Type
6.1.2: Growth Opportunities for the Global Sulfur Fertilizer Market by Type
6.1.3: Growth Opportunities for the Global Sulfur Fertilizer Market by Form
6.1.4: Growth Opportunities for the Global Sulfur Fertilizer Market by Mode of Application
6.1.5: Growth Opportunities for the Global Sulfur Fertilizer Market by Region
6.2: Emerging Trends in the Global Sulfur Fertilizer Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Sulfur Fertilizer Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Sulfur Fertilizer Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Nutrien
7.2: Yara
7.3: The Mosaic Company
7.4: ICL
7.5: K+S Aktiengesellschaft
7.6: Compass Minerals
7.7: Nufarm
7.8: EuroChem
7.9: Koch Industries
7.10: Coromandel

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Nutrien
  • Yara
  • The Mosaic Company
  • ICL
  • K+S Aktiengesellschaft
  • Compass Minerals
  • Nufarm
  • EuroChem
  • Koch Industries
  • Coromandel

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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