The Sulfur Bentonite Market size was valued at USD 112.6 million in 2022. It is anticipated to reach USD 176.77 million by the year 2030 with a projected CAGR of 5.8% during the forecast period of 2023-2030.
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.
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The oilseeds application segment is the dominating of all the segments which hold the largest market share of about 43.9% in 2022. 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.
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
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.
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.
By Type
Sulphur-85%
Sulphur-90%
Others
By Application
Fruits and Vegetables
Cereals and Crops
Oilseeds
Others
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Asia Pacific dominated the Sulfur bentonite market with the largest revenue share of about 35.4% in 2022. 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 2023–2030, 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.
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
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.
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.
| Report Attributes | Details |
| Market Size in 2022 | US$ 112.6 Million |
| Market Size by 2030 | US$ 176.77 Million |
| CAGR | CAGR of 5.8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| 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 |
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 176.77 million by 2030.
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
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