Sulfur Fertilizers Market, with a 3.01% CAGR, is projected to increase from USD 5.005 billion in 2025 to USD 5.979 billion in 2031.
Sulfur fertilizers contain sulfur along with other nutrients like nitrogen, ammonia, or potassium and are added to soil to prevent sulfur deficiencies in plants and food crops. There are more than 20 types of sulfur fertilizers commercially available in the market such as sulfate-sulfur, ammonium sulfate, elemental sulfur, and thiosulphate fertilizers. Sulfur is crucial for several functions in plants including nitrogen metabolism, enzyme activity, protein & oil production, and overall plant development.
Sulfur fertilizers are added to crops for improving respiration, metabolism, energy transmission, nitrogen fixation, and plant growth. The booming population, rising food insecurity, and growing scarcity of fertile farmland and other resources are driving the demand for nutrient-rich, high-yielding crops. Moreover, sulfur deficiency in plants due to lack of fertile soil is resulting in the growing demand for agriculture sulfur fertilizers. Moreover, the flourishing fertilizers industry and growing demand for sulfur-based fertilizers from manufacturers are also contributing to the growth of the global market during the projection period.
However, the availability of low-cost substitutes, growing demand for organic fertilizer, consumer shift towards sustainable farming practices, and stringent rules regarding sulfur emissions are likely to obstruct the growth of the global market for metal chelates during the projection period.
During the anticipation period, the growing population, rising food insecurity, and an increase of sulfur deficiency in the soil will support the growth of the global sulfur fertilizers market.
According to the current UN estimate, there are 8 billion people on the planet right now, and by 2050 that number might increase to 9.7 billion. Global food demand is increasing because of this development and rising income in emerging nations, which will affect people's diets by making them consume more meat and vegetables, thus leading to an increase in food demand.
It is predicted that food demand will increase from 59 percent to 98 percent by 2050. In response, farmers around the world will have to expand their farming area or increase productivity on already existing land by using irrigation, fertilizers, and micronutrients.
The widespread use of traditional agricultural methods has depleted the soil of essential nutrients such as sulfur. As a result, there has been an increase in the demand for sulfur or sulfur-based fertilizers to restore the soil's nutrition and make it suitable for agriculture. Sulfur is extremely essential for a crop’s overall development and growth. Therefore, the rising prevalence of sulfur deficiency is also driving the growth of the global sulfur fertilizer market.
During the forecast period, Asia Pacific is anticipated to hold a significant share of the global sulfur fertilizers market.
The Asia Pacific region will experience rapid expansion throughout the projection period due to the growing demand for high-quality and better-yielding crops. Sulfur fertilizers are in high demand in markets such as India, Japan, and China. This region's market is also expanding because of the high population and rising food demand. According to recent estimates by United Nations, Asia is home to 418 million people suffering from severe food security. As predicted, 375.8 million people in the Asia Pacific region will face hunger in 2020, up almost 54 million from 2019. This estimate comes from UNICEF's most current report on food security. Moreover, the presence of a well-established agriculture industry and increasing investment are also spurring regional demand for sulfur fertilizers. In addition, the prevalence of key market players such as BASF, Yara International, Nutrient Ltd, and others will also spur the growth of sulfur fertilizers in this region.
Sulfur Fertilizers Market Segmentation:
BY TYPE
Sulfate
Elemental Sulfur
Sulfate of micronutrients
Others
BY FORM
Solid
Liquid
BY APPLICATION
BY GEOGRAPHY
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
India
Japan
South Korea
Indonesia
Thailand
Others