Sulfur Fertilizers Market to Garner $4.1 Bn, Globally, By 2026 at 2.2% CAGR, Says Allied Market Research

- Rise in sulfur deficiency in soils and growing demand for crops that require high sulfur concentration have boosted the growth of global sulfur fertilizer market.

PORTLAND, Oregon, April 2, 2020 /PRNewswire/ --  Allied Market Research recently published a report, titled, "Sulfur Fertilizers Market by Type (Ammonium Sulphate, Single Superphosphate, Sulphate of Potash, Ammonium Nitrate-Sulphate, and Sulphate Containing Compound Fertilizers), and Type of Agriculture (Controlled Environment Agriculture, Conventional Agriculture, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026". According to the report, the global sulfur fertilizer industry was pegged at $3.4 billion in 2018, and is projected to $4.1 billion by 2026, growing at a CAGR of 2.2% from 2019 to 2026.

Driving factors for the market

Rise in sulfur deficiency in soils and growing demand for crops that require high sulfur concentration have boosted the growth of global sulfur fertilizer market. However, trend of organic food and depressing commodity prices hamper the market growth. On the contrary, surge in consumption trend of fertilizers is expected to create lucrative opportunities in the near future.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5837

Ammonium nitrate-sulphate segment to manifest fastest growth through 2026

The ammonium nitrate-sulphate segment is expected to register the highest CAGR of 5.4% during the forecast period, as it can be employed prior to sowing and used for all types of crops. However, the single superphosphate segment held the largest share in 2018, accounting for more than two-fifths of the global sulfur fertilizer market, as it can be used if the soil is alkaline in nature.

Controlled environment agriculture segment dominated the market

The controlled environment agriculture segment held the largest share in 2018, contributing to more than two-fifths of the global sulfur fertilizer market, as this method produces high value crops at maximum productivity and is eco-friendly. However, the conventional agriculture segment is projected to register the fastest CAGR of 2.4% during the forecast period, as it offers advantages such as better crop yield and fruitful vegetables.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/5837

Asia-Pacific, followed by North America, held the lion's share

The global sulfur fertilizer market across Asia-Pacific held the largest share in 2018, accounting for around three-fifths of the market. Moreover, the region is expected to register the CAGR of 2.6% during the forecast period, owing to declining arable lands, increasing awareness among farming community, and surge in demand for food grains. The market across North America held the second-largest share in 2018. 

Major market players

• Nutrien, Ltd.
• Yara International
• The Mosaic Company
• Achema
• Mitsui & Co., Ltd.
• Kugler Company
• Royal Dutch Shell plc
• Israel Chemicals Limited
• Sulfur Mills Limited

Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/sulfur-fertilizers-market/purchase-options

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

Similar Reports:

Agrochemicals Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

High Purity Alumina Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

Specialty Chemicals Market: Global Opportunity Analysis and Industry Forecast, 2019 - 2026

Glufosinate Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research