image

Sulfur Bentonite Market Report Scope & Overview:

The Sulfur Bentonite Market size was valued at USD 116.8 million in 2023. It is anticipated to reach USD 183.37 million by the year 2031 with a projected CAGR of 5.8% during the forecast period of 2024-2031.

The demand for sulfur bentonite is growing because it provides essential nutrients i.e., sulfur to plants. Sulfur bentonite is important for the growth and development of the plant. In addition, the Sulfur Bentonite Market is propelling due to the increasing need for quality crop yield. Due to the increasing need for crop production farmers are demanding an effective solution that drives the Sulfur Bentonite Market. The eco-friendly nature of the sulfur bentonite eliminates the toxic threat of this chemical to human health as well as to the environment. Minimizing the environmental impact is the preferred choice for farmers who are adopting environmentally organic chemical.

Sulfur Bentonite Market Revenue Analysis

Get E-PDF Sample Report on Sulfur Bentonite Market - Request Sample Report

The oilseeds application segment is the dominating of all the segments which hold the largest market share of about 43.9% in 2023. Sulfur bentonite is the essential fertilizer for the cultivation of oilseeds as the sulfur intake of the plant shows the percentage of oil content in the oilseed crop. According to our research, to produce a ton of oilseeds, around 13-19 kg of sulfur is required.

Market Dynamics

Drivers

  • Growing population and increasing need for higher agricultural productivity

  • Increasing adoption of sulfur-based fertilizers in the agriculture industry

Sulfur bentonite fertilizers provide an essential nutrient, sulfur, which plays a crucial role in plant growth and development. Sulfur helps to synthesize proteins, enzymes, Vitamins & Minerals which enhances the overall health and productivity of crops. Sulfur-based fertilizer provides a sustainable and environment-friendly substitute for the traditional fertilizer. They help to reduce soil degradation and risk of nutrient deficiencies which ultimately lead to improved soil fertility and long-term agricultural sustainability. Due to the increasing awareness regarding the benefits of sulfur in crop nutrition the demand for sulfur bentonite fertilizer has propelled.

Restrain

  • Availability of raw materials

  • Stringent regulations imposed by various governments regarding the use of sulfur-based fertilizers

Opportunities

  • Rapidly Growing agricultural sector

As the agricultural sector expands, farmers and agricultural professionals are increasingly recognizing the use of sulfur bentonite in optimizing crop yields. Moreover, sulfur bentonite offers several advantages over alternative sulfur sources. Its unique formulation ensures a slow and controlled release of sulfur, allowing for sustained nutrient availability to plants over an extended period. This characteristic is particularly beneficial in regions with low sulfur content in the soil, as it helps to overcome deficiencies and improve overall crop quality. Furthermore, the rising global population and the subsequent need to meet the growing food demand further amplify the importance of the agricultural sector.

Challenges

  • The Environmental and human health threats associated with the use of sulfur bentonite

Impact of Russia-Ukraine War:

According to the International Fertilizer Association (IFA), the consumption of fertilizer will decline by 6% across the globe in 2022. The International Fertilizer Development Center also said that fertilizer consumption is reduced by almost 26% outside South Africa. The Russia-Ukraine war disrupted the supply chain of the raw material used to produce fertilizers. India is the major importer of sulfur but this war led to a decrease in the production of the sulfur bentonite due to supply chain disruption which hampered the sulfur bentonite market. The limited supply of raw materials ultimately increased the price of the sulfur bentonite. This disruption has not only impacted domestic markets but also international trade, causing a decline in sulfur bentonite exports.

Impact of Recession:

The economic downturn led to a decrease in the purchasing capacity of the farmers. This directly led to a decrease in the demand for the fertilizers, including the sulfur bentonite. This reduced demand directly affected the sulfur bentonite market. Farmers experience financial limitations during economic downturns that prevent them from making investments in agricultural inputs.

Market Segmentation

By Type

  • Sulphur-85%

  • Sulphur-90%

  • Others

By Application

  • Fruits and Vegetables

  • Cereals and Crops

  • Oilseeds

  • Others

Regional Analysis

Asia Pacific dominated the Sulfur bentonite market with the largest revenue share of about 35.4% in 2023. In the world, the largest agricultural sector belongs to the Asia Pacific region. Increasing demand for high-quality crops has fueled the need for effective soil amendment solutions. To enhance soil fertility and crop productivity, sulfur bentonite is a unique choice for farmers. Furthermore, the Asia-Pacific region boasts a significant presence of major sulfur bentonite manufacturers and suppliers. This localized production and distribution network has not only ensured a steady supply of sulfur bentonite but has also facilitated cost-effective solutions for farmers and agricultural enterprises.

During the forecast period of 2024–2031, the United States in the North America region is expected to witness a CAGR of about 6%. The demand for sulfur bentonite is boosting in this country due to the increasing popularity of organic farming. Organic farming hampers the use of synthetic fertilizer and promotes the adoption of sulfur-based fertilizer which is the sustainable solution for fertilization that drives the market for sulfur bentonite in the United States.

Sulfur Bentonite Market By Region

Get Customised Report as per Your Business Requirement - Enquiry Now

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players

The major key players are Tiger Sul, Deepak Fertilizers, H Sulphur Corp, Devco Australia, Coogee Chemicals, National Fertilizer Limited, NTCS Group, Galaxy Sulfur, Chung Kwang, Coromandel International, and other key players mentioned in the final report.

Tiger Sul-Company Financial Analysis

Company Landscape Analysis

Recent Development:

  • In 2023, Tiger Sul collaborated with the HGS BioScience. The first product after their collaboration is Tiger® Humi[K]™ 4% which comprises the combination of carbon and sulfur bentonite in one convenient granule.

Sulfur Bentonite Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 116.8 Million
Market Size by 2031  US$ 183.37 Million
CAGR   CAGR of 5.8% From 2024 to 2031
Base Year 2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Sulphur-85%, Sulphur-90%, and Others)
• By Application (Fruits and Vegetables, Cereals and Crops, Oilseeds, and Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Tiger Sul, Deepak Fertilizers, H Sulphur Corp, Devco Australia, Coogee Chemicals, National Fertilizer Limited, NTCS Group, Galaxy Sulfur, Chung Kwang, Coromandel International
Key Drivers • Growing population and increasing need for higher agricultural productivity
• Increasing adoption of sulfur-based fertilizers in the agriculture industry
Market Challenges • The Environmental and human health threats associated with the use of sulfur bentonite

 

Frequently Asked Questions

Ans. The Compound Annual Growth rate for Sulfur Bentonite Market over the forecast period is 5.8%.

Ans. The projected market size for the Sulfur Bentonite Market is USD 183.37 million by 2031.

Ans: Sulfur is an essential nutrient for plant growth and plays a crucial role in enhancing crop yield and quality. As farmers become more aware of the benefits of sulfur fertilizers, the demand for sulfur bentonite is expected to rise.

Ans: Bentonite, a key component of sulfur bentonite, is not abundantly available in all regions. This scarcity can lead to supply chain disruptions and increased costs, affecting the overall market growth.

Ans: Yes, you can ask for the customization as pas per your business requirement.

TABLE OF CONTENT

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Sulfur Bentonite Market Segmentation, By Type

8.1 Sulphur-85%
8.2 Sulphur-90%
8.3 Others

9. Sulfur Bentonite Market Segmentation, By Application
9.1 Fruits and Vegetables
9.2 Cereals and Crops
9.3 Oilseeds
9.4 Others

10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Sulfur Bentonite Market by Country
10.2.2 North America Sulfur Bentonite Market by Type
10.2.3 North America Sulfur Bentonite Market by Application
10.2.4 USA
10.2.4.1 USA Sulfur Bentonite Market by Type
10.2.4.2 USA Sulfur Bentonite Market by Application
10.2.5 Canada
10.2.5.1 Canada Sulfur Bentonite Market by Type
10.2.5.2 Canada Sulfur Bentonite Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Sulfur Bentonite Market by Type
10.2.6.2 Mexico Sulfur Bentonite Market by Application
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Sulfur Bentonite Market by Country
10.3.1.2 Eastern Europe Sulfur Bentonite Market by Type
10.3.1.3 Eastern Europe Sulfur Bentonite Market by Application
10.3.1.4 Poland
10.3.1.4.1 Poland Sulfur Bentonite Market by Type
10.3.1.4.2 Poland Sulfur Bentonite Market by Application
10.3.1.5 Romania
10.3.1.5.1 Romania Sulfur Bentonite Market by Type
10.3.1.5.2 Romania Sulfur Bentonite Market by Application
10.3.1.6 Hungary
10.3.1.6.1 Hungary Sulfur Bentonite Market by Type
10.3.1.6.2 Hungary Sulfur Bentonite Market by Application
10.3.1.7 Turkey
10.3.1.7.1 Turkey Sulfur Bentonite Market by Type
10.3.1.7.2 Turkey Sulfur Bentonite Market by Application
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Sulfur Bentonite Market by Type
10.3.1.8.2 Rest of Eastern Europe Sulfur Bentonite Market by Application
10.3.2 Western Europe
10.3.2.1 Western Europe Sulfur Bentonite Market by Country
10.3.2.2 Western Europe Sulfur Bentonite Market by Type
10.3.2.3 Western Europe Sulfur Bentonite Market by Application
10.3.2.4 Germany
10.3.2.4.1 Germany Sulfur Bentonite Market by Type
10.3.2.4.2 Germany Sulfur Bentonite Market by Application
10.3.2.5 France
10.3.2.5.1 France Sulfur Bentonite Market by Type
10.3.2.5.2 France Sulfur Bentonite Market by Application
10.3.2.6 UK
10.3.2.6.1 UK Sulfur Bentonite Market by Type
10.3.2.6.2 UK Sulfur Bentonite Market by Application
10.3.2.7 Italy
10.3.2.7.1 Italy Sulfur Bentonite Market by Type
10.3.2.7.2 Italy Sulfur Bentonite Market by Application
10.3.2.8 Spain
10.3.2.8.1 Spain Sulfur Bentonite Market by Type
10.3.2.8.2 Spain Sulfur Bentonite Market by Application
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Sulfur Bentonite Market by Type
10.3.2.9.2 Netherlands Sulfur Bentonite Market by Application
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Sulfur Bentonite Market by Type
10.3.2.10.2 Switzerland Sulfur Bentonite Market by Application
10.3.2.11 Austria
10.3.2.11.1 Austria Sulfur Bentonite Market by Type
10.3.2.11.2 Austria Sulfur Bentonite Market by Application
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Sulfur Bentonite Market by Type
10.3.2.12.2 Rest of Western Europe Sulfur Bentonite Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Sulfur Bentonite Market by Country
10.4.2 Asia Pacific Sulfur Bentonite Market by Type
10.4.3 Asia Pacific Sulfur Bentonite Market by Application
10.4.4 China
10.4.4.1 China Sulfur Bentonite Market by Type
10.4.4.2 China Sulfur Bentonite Market by Application
10.4.5 India
10.4.5.1 India Sulfur Bentonite Market by Type
10.4.5.2 India Sulfur Bentonite Market by Application
10.4.6 Japan
10.4.6.1 Japan Sulfur Bentonite Market by Type
10.4.6.2 Japan Sulfur Bentonite Market by Application
10.4.7 South Korea
10.4.7.1 South Korea Sulfur Bentonite Market by Type
10.4.7.2 South Korea Sulfur Bentonite Market by Application
10.4.8 Vietnam
10.4.8.1 Vietnam Sulfur Bentonite Market by Type
10.4.8.2 Vietnam Sulfur Bentonite Market by Application
10.4.9 Singapore
10.4.9.1 Singapore Sulfur Bentonite Market by Type
10.4.9.2 Singapore Sulfur Bentonite Market by Application
10.4.10 Australia
10.4.10.1 Australia Sulfur Bentonite Market by Type
10.4.10.2 Australia Sulfur Bentonite Market by Application
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Sulfur Bentonite Market by Type
10.4.11.2 Rest of Asia-Pacific Sulfur Bentonite Market by Application
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Sulfur Bentonite Market by Country
10.5.1.2 Middle East Sulfur Bentonite Market by Type
10.5.1.3 Middle East Sulfur Bentonite Market by Application
10.5.1.4 UAE
10.5.1.4.1 UAE Sulfur Bentonite Market by Type
10.5.1.4.2 UAE Sulfur Bentonite Market by Application
10.5.1.5 Egypt
10.5.1.5.1 Egypt Sulfur Bentonite Market by Type
10.5.1.5.2 Egypt Sulfur Bentonite Market by Application
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Sulfur Bentonite Market by Type
10.5.1.6.2 Saudi Arabia Sulfur Bentonite Market by Application
10.5.1.7 Qatar
10.5.1.7.1 Qatar Sulfur Bentonite Market by Type
10.5.1.7.2 Qatar Sulfur Bentonite Market by Application
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Sulfur Bentonite Market by Type
10.5.1.8.2 Rest of Middle East Sulfur Bentonite Market by Application
10.5.2 Africa
10.5.2.1 Africa Sulfur Bentonite Market by Country
10.5.2.2 Africa Sulfur Bentonite Market by Type
10.5.2.3 Africa Sulfur Bentonite Market by Application
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Sulfur Bentonite Market by Type
10.5.2.4.2 Nigeria Sulfur Bentonite Market by Application
10.5.2.5 South Africa
10.5.2.5.1 South Africa Sulfur Bentonite Market by Type
10.5.2.5.2 South Africa Sulfur Bentonite Market by Application
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Sulfur Bentonite Market by Type
10.5.2.6.2 Rest of Africa Sulfur Bentonite Market by Application
10.6 Latin America
10.6.1 Latin America Sulfur Bentonite Market by Country
10.6.2 Latin America Sulfur Bentonite Market by Type
10.6.3 Latin America Sulfur Bentonite Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Sulfur Bentonite Market by Type
10.6.4.2 Brazil Sulfur Bentonite Market by Application
10.6.5 Argentina
10.6.5.1 Argentina Sulfur Bentonite Market by Type
10.6.5.2 Argentina Sulfur Bentonite Market by Application
10.6.6 Colombia
10.6.6.1 Colombia Sulfur Bentonite Market by Type
10.6.6.2 Colombia Sulfur Bentonite Market by Application
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Sulfur Bentonite Market by Type
10.6.7.2 Rest of Latin America Sulfur Bentonite Market by Application

11 Company Profile
11.1 Tiger Sul
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/ Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Deepak Fertilizers
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/ Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 H Sulphur Corp
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/ Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Devco Australia
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/ Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Coogee Chemicals
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/ Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 National Fertilizer Limited
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/ Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 NTCS Group
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/ Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Galaxy Sulfur
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/ Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Chung Kwang
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Coromandel International
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/ Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View

12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions

13. USE Cases and Best Practices

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone