Increasing demand for higher
agricultural productivity, growing population and reduction in sulphur
emissions are driving the sulphur fertilizers market in North America
According to TechSci Research report, “North America Sulphur Fertilizers Market By Type, By Formulation, By Crop Type, By Application Method, By Country, Competition, Forecast & Opportunities, 2025”, sulphur fertilizers market in North America was valued at around $ 1.7 billion in 2019 and is forecast to cross $ 2.4 million 2025 on account of growing demand for higher agricultural productivity. On account of increasing industrialization and urbanization, share of arable land is decreasing across the region. Consequently, In order to increase the overall production and yield to feed the growing population, farmers are turning to sulphur based fertilizers.
Another factor which is driving the growth of sulphur
fertilizers market in the region is reducing atmospheric sulphur deposit.
Sulphur plays crucial role in the development and growth of plants, and over the
recent years soil has become increasingly sulphur deficient due to surge in
agricultural production and decline in sulphur deposits from atmosphere. Rising
cultivation of crops such as canola, alfalfa, among others which require high
quantity of sulphur for proper growth is also propelling the sulphur fertilizer
market in the region. However, volatile prices of sulphur due to variation in
prices of crude oil and growing inclination towards organic fertilizers as
sulphur fertilizers have harmful environmental effects, can hamper the growth
of the market.
Browse 53 market data Figures spread through75 Pages and an in-depth TOC on“North America Sulphur Fertilizers Market “
North America sulphur fertilizers market can be segmented based on type, formulation, crop type, application method and country. Based on the type, sulphur fertilizer market can be segmented into sulphate fertilizers, elemental sulphur fertilizers, sulphates of micronutrients and others. Sulphate fertilizers led the market in 2019 by occupying over 80% market share and the trend is projected to continue in the forthcoming years as well. Majority share of the segment can be attributed to the capability of the segment to supply sulphur directly to the plants as multi-nutrient fertilizers. In terms of formulation, market can be bifurcated into liquid formulation and dry formulation. Dry formulation held the dominant share in 2019 as it can provide nutrition to plants for long duration in comparison to liquid formulation.
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Inc., Yara International ASA, Archer Daniels Midland Company, BASF SE, Dakota
Gasification Company, Intraoceanic Corporation, The Mosaic Company, Nutrien
Limited, K+S Aktiengesellschaft, Tiger-Sul, Inc, among others are the leading
players operating in North America sulphur fertilizers market. The market is
highly fragmented with companies using growth strategies to retain their
position in the competitive market. “United States is expected to account for
the majority share of the North America sulphur fertilizers market as the
country has large agricultural farmlands where the demand for sulphur
fertilizers is high. Among all the product segments, Sulphate fertilizers are
expected to continue their dominance through 2025.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
“North America Sulphur Fertilizers Market By Type,
By Formulation, By Crop Type, By Application Method, By Country, Competition,
Forecast & Opportunities, 2025” has evaluated
the future growth potential of North America sulphur fertilizers market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence and
help decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in the North America sulphur fertilizers market.