Sulfur fertilizers Market
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The global sulfur fertilizers market was valued at USD 4.7 billion in 2024, with expectations to reach USD 6.3 billion by 2034, growing at a CAGR of 2.9%.
The market for sulfur fertilizers is advancing market growth because there is an emerging need for increased crop yields from around the world and a diminishing level of sulfur in soils because of its vigorous use in farming. Emerging trends are showing a growing use of sulfate and potassium sulfate as preferable sulfate fertilizers because of their multi-nutritional value for plants.
Report Attribute | Details |
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Base Year: | 2024 |
Sulfur fertilizers Market size in 2024: | USD 4.7 Billion |
Forecast Period: | 2025 - 2034 |
Forecast Period 2023 - 2032 CAGR: | 2.9 |
2023 Value Projection: | USD 6.3 Billion |
Historical Data for: | 2021 - 2024 |
No of Pages: | 220 |
Tables, Charts & Figures: | 145 |
Segments Covered: | Type, Form, Crop Type, Application, Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Sulfur helps producers in the agricultural sector by improving the production of plant proteins, aids in the synthesis of important biological catalysts, and enables the formation of chlorophyll. If implemented properly, sulfur can improve the proper use of nitrogen, therefore, improving the overall quality of the soil, enhancing crop yield. Succeeding global agricultural output, especially in sulfur scarce geography, increases the need for sulfur within fertilizers, thus the ever-growing sulfur deficient regions continues to grow.
This market is driven by an increase in plant food production due to population growth, reduced atmospheric deposition of sulfur leading to its lower levels in soils, and stems from the increased focus on effective nutrient distribution. In addition, increased funding for the diversification of oilseed and cereals cultivation, increased government funding aimed at enhancing agricultural output, and improved methods of fertilizer production aid the development of this market.
The growing use of sulfur in the United Kingdom in 2023 pointed towards a realization of sulfur deficiency in soils and a growing need for sulfur fertilizers. The plant specific application rates are remarkably higher than the expected average – 28 kg/ha for cropping grass, 5 kg/ha for grass, and 15 kg/ha for all crops and grass. Consequently, this indicates greater market potential. Overall, this implies an increased uptake of sulfur-based fertilizers, which enhances sales and creativity and simultaneously emphasizes an increasing need for proper nutrients management in farming today.
Anticipated changes in the sulfur fertilizer market are expected due to new developments, market openings, changes in regulations, and new technology. The use of sulfur in farming is becoming more effective owing to digital farming technologies and precision agriculture solutions. There seems to be an evident movement toward more sustainable and specialty bio-based and controlled-released sulfur fertilizers. In addition, there is an increasing market influence due to the enhanced sulfur fertilizers used in organic farming.
The growing cultivation of high-profit oilseeds and other high-protein crops is positively impacting the demand for the sulfur fertilizers. The increase in blended fertilizers is also noteworthy, as these contain sulfur bonded to nitrogen and phosphorus. Promising opportunities are found in the increasing agricultural activities in sulfur deficient areas, especially in Africa and Asia-Pacific.
For instance, in June 2024, Coromandel International introduced a new fertilizer called 'Paramfos Plus'. This product contains 16% Nitrogen, 20% Phosphorus, 13% Sulphur, and 0.6% Magnesium.
Innovation in agriculture and soil health management, along with the sustainable approach to fertilizer use, are affecting product development. Stricter regulations concerning fertilizers’ physiological and ecological characteristics have been imposed by governments as well. With the promotion of balanced subsidizations and policies for controlled fertilization, these also allow for easier adoption of sulfur fertilizers.
The newer approaches to eco-friendly agriculture are supported by the progression of microbial-based sulfur fertilizers as well. Advanced soil characterization and AI-based application techniques are increasing the usability of sulfur, while newer methods of producing sulfur fertilizers, like nano-sulfur technologies and sulfur-coated urea, are also meeting and surpassing environmental standards.
The sulfur fertilizers industry by type is segmented into sulfate fertilizer, elemental sulfur fertilizers, liquids sulfur fertilizers, others. The sulfate fertilizers accounted for 44.8% of the market share in 2024 and is expected to grow with the CAGR of 2.7% in 2034.
The sulfur fertilizers market is segmented into dry and liquid by form. Liquid holds the market size of USD 3.6 billion in 2024 and expected to grow at a faster rate of 2.9% CAGR.
Based on crop type the sulfur fertilizers market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, others. The cereals and grains segment holds a significant share of 29.8% of the market in 2024.
Based on application the sulfur fertilizers market is segmented into soil application, foliar spray, fertigation, others. Soil application holds the market size of USD 2.6 billion in 2024 and expected to grow at a faster rate of 2.9% CAGR.
In the sulfur fertilizers market Asia Pacific dominated the market by accounting USD 754 million in 2024 and is expected to grow at a CAGR of 3% in 2034.
The Asia-Pacific region leads the market in sulfur fertilizers because of intensive agriculture, an increasing need for food production, and prevalent sulfur-deficient soils. China, India, Indonesia, Japan, Australia, and many other economies are increasing their contribution to growth of the region’s agriculture sector with a marked increase in crop production, especially in cereals, oilseeds and cash crops. China and India being the topmost agricultural nations extensively use sulfur fertilizers to sustain soil fertility and crop productivity. Moreover, any government policy supporting balanced fertilizers and precision agriculture in these regions increases the need for sulfur fertilizers in agriculture. The growth of industrial agriculture along with the understanding of the role of sulfur in nutrition plants has strengthened the Asia Pacific to lead the world market for sulfur fertilizers.
For example, in July 2024, a Nano Fertilizer Usage Promotion Mahaabhiyan by selecting 200 model nano village clusters in Haryana was launched by the Indian Farmers Fertiliser Corporative Limited (IFFCO). These types of initiatives reflect a strong growth potential in Asian region.
In the sulfur fertilizers industry, Coromandel International, Haifa Group, ICL, Koch Industries, Martin Midstream Partners are the top 5 companies which holds a large share due to their broad product portfolio and established market position. These companies benefit from their global presence and brand name in the market.
For instance, in April 2024, Haifa Group expanded its presence in India through a partnership with DEEPAK, a public limited company. This collaboration aims to improve Indian farmers' access to advanced plant nutrition solutions, including sulfur-based fertilizers.
Some of the eminent market participants operating in the sulfur fertilizers industry include:
Market, By Type
Market, By Form
Market, By Crop Type
Market, By Application
The above information is provided for the following regions and countries:
Some of the major players in the industry include Coromandel International, Haifa Group, ICL, Koch Industries, Martin Midstream Partners, Nufarm, Nutrien , Sulphur Mills , The Mosaic Company, EuroChem Group.
The Asia Pacific market was worth over USD 754 million in 2024.
The market for sulfur fertilizers was valued at USD 4.7 billion in 2024 and is expected to reach around USD 6.3 billion by 2034, growing at 2.9% CAGR through 2034.
The liquid segment generated over USD 3.6 billion in 2024.