The global sulfur fertilizers market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach a value of USD 5.1 billion by 2025, recording a CAGR of 2.2% during the forecast period.
The sulfur fertilizers market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach USD 5.1 billion by 2025, recording a CAGR of 2.2%. The growth of the sulfur fertilizers market is driven by various factors, such as the increase in sulfur deficiency in soils across the world due to strict regulations on sulfur emission and the cultivation of high-yielding crop varieties.
Key players in the sulfur fertilizers market include Nutrien, Ltd. (Canada), Yara International ASA (Norway), The Mosaic Company (US), K+S Aktiengesellschaft (Germany), and ICL (Israel). A majority of players in the sulfur fertilizers market adopted expansions & investments as a key growth strategy to increase their global footprint and percent share in the global sulfur fertilizers market. Some of the other leading players in the sulfur fertilizers market include EuroChem Group (Switzerland), Nufarm Limited (Australia), Koch Industries, Inc. (US), Compass Minerals (US), Deepak Fertilizers and Petrochemicals Ltd. (India), Coromandel International Limited (India), The Kugler Company (US), Sapec S.A. (Belgium), SQM S.A. (Chile), Balchem Inc. (US), Nutri-tech Solutions Pty Ltd. (Australia), Zuari Agro Chemicals Ltd. (India), Tessenderlo Kerley, Inc. (Belgium), Tiger-Sul Products LLC (US), Shell Sulfur Solutions (Netherlands), and Sulphur Mills Ltd. (India).
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Nutrien Ltd. (Canada) has the largest crop nutrient product portfolio, which is combined with a global retail distribution network that includes more than 1,500 farm retail centers. The company specializes in crop nutrition and is engaged in the production and distribution of potash, nitrogen, and phosphate products for agricultural, industrial, and feed manufacturers. A subsidiary of Nutrien Ltd., Nutrien Ag Solutions, is the leading provider of agricultural products and services for western Canadian growers. The company provides an extensive product line that caters to plant nutrient demands, serving specialty markets of greenhouse, nursery, turf, and agricultural food crops. It launched the 4R Nutrient Stewardship system that focuses on applying the right source of nutrients at the right rate, place, and time.
In the sulfur fertilizers market, the company focuses on undertaking acquisitions and expanding its production capacities. The company offers a wide array of sulfur fertilizers, thus gaining a competitive edge in the sulfur fertilizers market.
The Mosaic Company (US) is a leading and integrated producer and marketer of concentrated phosphate and potash in the world. The company operates in more than six countries, and majorly focuses on crop nutrition development. It has 26.6 million metric tons (tonnes) of operational capacity for finished concentrated phosphate and potash production.
The company offers sulfur solutions through its phosphates and premium crop nutrition segments. It conducts over 2,000 crop nutrition R&D trials with researchers, universities, and growers in the US, Canada, Brazil, China, India, Northern Latin America (Mexico to Peru), Argentina, and Chile.
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