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2024-2032年硫肥市场报告(按类型、种植类型、作物类型、形式、施用方式和地区)Sulfur Fertilizers Market Report by Type, Cultivation Type, Crop Type, Form, Mode of Application, and Region 2024-2032 |
2023年全球硫肥IMARC Group规模达57亿美元。硫肥市场主要是由政府机构推出的有利倡议推动的,以最大限度地减少硫排放(由于硫排放对环境产生负面影响),以及富含元素硫的氮磷钾肥料的引入。
策略伙伴关係与合作
许多国家的主要参与者正在签订协议,以提高硫肥的效率并扩大其产品组合。这反过来又刺激了市场的成长。例如,2020年3月,马赛克公司宣布与澳洲阿德莱德大学金融科技研究中心(FTRC)达成协议,并专注于提高化肥效率。同样,2020 年 2 月,ICL 表示收购了 Growers Holdings Inc.(美国),该公司是数据驱动农业的创新者,提供有关田间施用和施肥的多元化资讯。
政府机构的规定
各国监管机构都致力于提供更有效的养分利用并尽量减少对环境的影响,从而促进硫肥市场的发展。例如,各种硫肥已被纳入肥料控制令(FCO)中。此外,它们的硫含量是肥料规格的一部分。政府机构正在进一步实施严格的法规,强制在袋子上声明产品中的硫含量。同时,他们也提供税收优惠和财政优惠,鼓励农民使用硫肥。例如,印度政府将硫肥补贴提高至每公斤3.56卢比。维持对其他非尿素营养素的支持不变,促进农补平衡使用。为了满足日益增长的粮食需求以及提高农业生产力,监管机构正在推出优惠政策,促进使用有效的土壤补充剂,例如硫肥。例如,印度的 Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) 等政策正在帮助提升全国的农业产业。作为该计划的一部分,每四个月向全国农民家庭支付 2000 卢比,该计划反过来又提供每年 1000 卢比的收入支持。 6000帮助他们更专注于耕种,从而推动硫肥市场收入。
新型硫肥的应用不断增加
单质硫肥的推出在石油炼製、橡胶製造公司、农业化学品等终端用途产业中广泛应用,正在提振硫肥的市场价值。例如,2021 年 6 月,加拿大公司 Northern Nutrients 宣布利用荷兰皇家壳牌的 Thiogro 技术开发一座新的硫磺生产工厂,该技术将微粉化的元素硫转化为尿素颗粒。此外,Nutrien 推出了智慧营养 MAP+MST 肥料,通常将微粉化硫与磷酸盐结合在一起,为植物提供整个季节持续的营养供应。这些创新将在预测期内继续推动硫肥市场的发展。
The global sulfur fertilizers market size reached US$ 5.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3% during 2024-2032. The sulfur fertilizers market is primarily propelled by the launch of favorable initiatives by government bodies to minimize sulfur emissions, owing to their negative impact on the environment, along with the introduction of elemental sulfur enriched NPK fertilizers.
Strategic Partnerships and Collaborations
Key players across numerous countries are entering into agreements to enhance the efficiency of sulfur fertilizers and expand their product portfolio. This, in turn, is stimulating the market growth. For example, in March 2020, the Mosaic Company announced an agreement with the Financial Technology Research Centre (FTRC) at the University of Adelaide in Australia to emphasize on enhancing the efficiency of fertilizers. Similarly, in February 2020, ICL stated the acquisition of Growers Holdings Inc. (US), an innovator in data-driven farming, that offers diversified information on on-field applications and fertilization.
Regulations by Government Bodies
The regulatory bodies across the countries are focusing on offering more efficient nutrient use and minimizing environmental impact, thereby catalyzing the sulfur fertilizers market. For instance, various sulfur fertilizers have been included in the Fertilizer Control Order (FCO). Moreover, their sulfur content is a part of the fertilizer specifications. Government bodies are further implementing stringent regulations to make it mandatory to declare the sulfur content in the product on the bag. In line with this, they are also providing tax benefits and fiscal benefits to encourage the farmers to use sulfur fertilizers. For example, the government in India increased the subsidy on sulfur fertilizer to Rs 3.56 per kg. It kept the support unchanged for other non-urea nutrients to promote the balanced use of farm supplements. To meet the increasing food demand that requires enhanced agricultural productivity, regulatory authorities are launching favorable policies to promote the usage of effective soil supplements, such as sulfur fertilizers. For example, policies, including Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) in India, are helping in elevating the agricultural industry across the country. The payments of Rs.2000 are made to the families of farmers nationwide every four months as part of the Scheme, which, in turn, offers annual income support of Rs. 6000 to help them concentrate more on farming, thereby propelling the sulfur fertilizers market revenue.
Increasing Applications of Novel Sulfur Fertilizers
The introduction of elemental sulfur fertilizers that are gaining extensive applications in end-use industries, including petroleum refining, rubber manufacturing firms, agrochemicals, etc., is bolstering the sulfur fertilizers market value. For instance, in June 2021, Northern Nutrients, a Canadian company, announced the development of a new sulfur production plant by utilizing Royal Dutch Shell's Thiogro technology, which converts micronized elemental sulfur into urea granules. Furthermore, Nutrien introduced Smart Nutrition MAP+MST fertilizer, which usually combines micronized sulfur with phosphates, and offers plants a consistent supply of nutrients all season long. These innovations will continue to drive the sulfur fertilizers market over the forecasted period.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, cultivation type, crop type, form, and mode of application.
The report has provided a detailed breakup and analysis of the market based on the type. This includes sulphate fertilizers, elemental sulfur fertilizers, liquid sulfur fertilizers, and others.
Sulfate fertilizers, including potassium sulfate, ammonium sulfate (AS), magnesium sulfate, etc., usually contain sulfur in the commonly available sulfate form. Elemental sulfur fertilizers are natural minerals that require to be oxidized by soil bacteria to the sulfate form before plants can utilize them. Besides this, liquid sulfur fertilizers offer a quick source of sulfur to plants, especially during periods of high sulfur demand. As such, they are gaining extensive traction, as they aid in promoting healthy plant growth and improving crop yield.
The report has provided a detailed breakup and analysis of the market based on the cultivation type. This includes conventional agriculture and controlled environment agriculture.
Controlled environment agriculture (CEA) generally utilizes advanced science to cultivate crops in a controlled setting. Moreover, greenhouses and other enclosed and temperature-controlled spaces are adopted for the cultivation process, where the roots of the plants receive a steady supply of fertilizer, water, and sunlight. The controlled environment agriculture technique is environmentally safe and yields high-value crops at optimum productivity. Apart from this, sulfur fertilizers that assist crops in holding onto moisture are especially useful in conservation-intensive agriculture, as they minimize water needs.
The report has provided a detailed breakup and analysis of the market based on the crop type. This includes cereals and grains, oilseeds and pulses, fruits and vegetables, and others.
For individuals in underdeveloped nations, pulses and oilseeds are staple crops farmed in semi-arid tropical climates. As crops in these regions have a sulfur deficiency, there is an inflating requirement for plant nutrients, such as sulfur fertilizers, to grow oilseeds. Moreover, these fertilizers are extensively used across the globe to produce more yield and effective fruits and vegetables on the available arable land.
The report has provided a detailed breakup and analysis of the market based on the form. This includes dry and liquid.
The growing consumer awareness towards liquid sulfur fertilizers, as they are quickly absorbed by plants and simple to use, is primarily driving the market growth. For example, in 2021, Yara International ASA developed a product variant, known as the YaraVita Optimum, which is a liquid sulfur fertilizer. It was specifically formulated to enhance crop quality and yield. Similarly, in 2020, Nutrien Ltd. introduced eNpower, which is a liquid sulfur fertilizer. However, based on the form, dry sulfur fertilizers are gaining extensive traction among farmers, owing to their ease of handling and cost-effectiveness.
The report has provided a detailed breakup and analysis of the market based on the mode of application. This includes soil, foliar, and fertigation.
Incorporating sulfur into the soil helps in improving its availability to plants over time. Besides this, foliar applications involve spraying a dilute solution of sulfur fertilizer directly onto the leaves of plants. On the other hand, fertigation can be particularly beneficial in areas where sulfur deficiencies are common.
Asia Pacific leads the market, accounting for the largest sulfur fertilizers market share.
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
Sulfur is produced in all world regions, but half of all production takes place in North America and the Middle East. Moreover, around 36 million tons of sulfur are traded annually, accounting for 53% of total sulfur production. The Middle East accounts for over 40% of exports. Favorable programs by government bodies in North America supporting environmentally friendly farming methods are propelling the demand for sulfur fertilizers. Furthermore, the widespread use of sustainable agriculture techniques, especially in countries, including India and China, is augmenting the adoption of sulfur fertilizers.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)