The global Sulphur Fertilizers Market is projected to reach USD 6.35 Billion by 2023 at a CAGR of over 3% owing to the growing need for sulphur fertilizers for higher productivity due to the constantly growing demand for agriculture. Moreover, the rising deficiency of sulphur in soil coupled with the growing use of sulphur in insecticides and fungicides will drive the market during the forecast period. Based on the type, the sulphur fertilizers segment is expected to lead the market in the next five years, as the plant can easily uptake the sulphur. Based on the application method, the band segment is expected to lead the market for the next five years, due to the increasing application of sulphate-fertilizers in bands to ensure the optimum yield. Asia-Pacific leads the Sulphur Fertilizer market and is expected to maintain its position in the next five years, due to growing agricultural practices and the requirement for high-quality agricultural products to accommodate the growing population in developing nations like India.
Some of the leading players in the Global Sulphur Fertilizer Market are Agrium, Yara, The Mosaic Company, Coromandel International, ICL, K+S Aktiengesellschaft, Potash Corp. of Saskatchewan, Eurochem, Deepak Fertilisers and Petrochemicals, The Kugler Company etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the distribution channels and presence of all major manufacturers across the globe.
TechSci Research calculated the market size of the Global Sulphur Fertilizers Market using a bottom-up approach, where value data for power lines were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as the company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, vendors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Global Sulphur Fertilizers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Overview and Scope Green chemicals refer to environmentally friendly chemicals that focus on designing chemical…
Overview and Scope An electric three-wheeler is an automobile that runs on electricity and has…
Overview and Scope Scleroderma is a rare, chronic autoimmune disease characterized by the abnormal growth…
Overview and Scope A comprehensive metabolic panel (CMP) test is a blood test containing 14…
Overview and Scope A brake caliper refers to a vital part of an automobile's braking…
Overview and Scope Powered surgical instruments refer to medical devices designed to aid surgeons in…