PUBLISHER: Grand View Research | PRODUCT CODE: 1530308
PUBLISHER: Grand View Research | PRODUCT CODE: 1530308
Sulfur Fertilizer Market Size
"2030 Sulfur Fertilizer Market value to reach USD 5.44 billion"
The global sulfur fertilizer market size was estimated at USD 4.74 billion in 2023 and is projected to grow at a CAGR of 2.2% from 2024 to 2030. The market is driven by the increasing demand for effective soil supplements such as sulfur fertilizers, the rising level of new agricultural production, and the decline in sulfur output. This trend is further fueled by the growing demand for agro products due to urbanization, the rising demand from the fertilizer manufacturing sector, and the increasing awareness among farmers about the importance of sulfur in achieving optimal crop yields.
Sulfur fertilizers are essential nutrients used to enhance plant growth and development. Sulfur is a vital macronutrient plants require for various physiological processes, including synthesizing amino acids, proteins, and enzymes. These products come in different forms, such as elemental sulfur, sulfate, and sulfide, and they are applied to the soil to address sulfur deficiencies in crops. These fertilizers are crucial for maintaining soil fertility and improving crop yields.
These products also contribute to the overall health and vigor of plants, leading to improved resilience against environmental stressors and diseases. Furthermore, these fertilizers aid in the efficient utilization of other essential nutrients, such as nitrogen and phosphorus, by plants, thereby optimizing overall nutrient uptake.
As more farmers recognize the significance of sulfur in achieving optimal crop yields and quality, the demand for fertilizers is expected to rise. Additionally, the shift towards sustainable agricultural practices and the growing emphasis on maximizing crop productivity further drive the demand for these products.
Global Sulfur Fertilizer Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global sulfur fertilizer market report based on type, form, crop type, application, and region.
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Argentina
Saudi Arabia
South Africa