Sulfur plays a vital role in photosynthesis and aids in nitrogen fixation and nodule development in legumes. Sulfur fertilization helps increase the oil and protein levels in plants and, therefore, increases crop yield to a substantial extent.
Growth of the global sulfur fertilizers market revenue is primarily attributed to increasing incidence of sulfur deficiency in soil and subsequent yellowing of leaves, and rising demand for sulfur fertilizers including sulfate-sulfur, ammonium sulfate, and potassium sulfate fertilizers among farmers. Hence, rising awareness about the product’s advantages and increasing adoption of advanced farming techniques drive market growth.
The COVID-19 pandemic has thoroughly affected the global sulfur fertilizers industry. The export has been limited as China is the world’s most significant producer and distributor of these sulfur fertilizers. The stringent lockdown regulations have resulted in the reduction of the workforce as well as supply chain production.
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However, factors such as uncertainty of commodity prices, growing preference for organic farming and, organic outputs are the significant restraints of sulfur fertilizers.
The key participants in the sulfur fertilizers market are Abu Dhabi Fertilizer Industries WLL,, Yara International ASA, EuroChem Group, Nutrien, Ltd, Koch Industries, Inc., Kugler Company, Israel Chemicals Ltd., Devco Australia Holdings Pty Ltd, Tiger-Sul Products, LLC, K+S Aktiengesellschaft and Zuari Agro Chemicals Ltd,
Further key findings in the report:
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For this study, Reports and Data has segmented the global sulfur market based on Type, Crop Type, Form, Application, Cultivation Type, and Region:
Based On Type: (Revenue, USD billion, 2018 – 2028)
Based On Crop Type: (Revenue, USD billion, 2018 – 2028)
Based On Form: (Revenue, USD billion, 2018 – 2028)
Based On Application (Revenue, USD billion, 2018 – 2028)
Based On Cultivation Type: (Revenue, USD billion, 2018 – 2028)
Based On Region: (Revenue, USD billion, 2018 – 2028)
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