The sulfur fertilizers market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach USD 5.1 billion by 2025, recording a CAGR of 2.2%. The growth of the sulfur fertilizers market is driven by various factors, such as the increase in sulfur deficiency in soils across the world due to strict regulations on sulfur emission and the cultivation of high-yielding crop varieties.

Key players in the sulfur fertilizers market include Nutrien, Ltd. (Canada), Yara International ASA (Norway), The Mosaic Company (US), K+S Aktiengesellschaft (Germany), and ICL (Israel). A majority of players in the sulfur fertilizers market adopted expansions & investments as a key growth strategy to increase their global footprint and percent share in the global sulfur fertilizers market. Some of the other leading players in the sulfur fertilizers market include EuroChem Group (Switzerland), Nufarm Limited (Australia), Koch Industries, Inc. (US), Compass Minerals (US), Deepak Fertilizers and Petrochemicals Ltd. (India), Coromandel International Limited (India), The Kugler Company (US), Sapec S.A. (Belgium), SQM S.A. (Chile), Balchem Inc. (US), Nutri-tech Solutions Pty Ltd. (Australia), Zuari Agro Chemicals Ltd. (India), Tessenderlo Kerley, Inc. (Belgium), Tiger-Sul Products LLC (US), Shell Sulfur Solutions (Netherlands), and Sulphur Mills Ltd. (India).

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The sulfates segment is projected to be the largest segment in the sulfur fertilizers market during the forecast period.

Sulfate containing fertilizers offer advantages of providing sulfur in sulfate form, which is readily available for plant uptake. Sulfate-S is mobile in most soils, as it has a double negative charge and repels the negative charge of the soil, unlike nutrients, such as potassium, calcium, or magnesium. Sulfate form moves freely with soil moisture, particularly in the upper levels of the soil profile. The most readily available source of sulfate fertilizers is ammonium sulfate (AS), single superphosphate (SSP), potassium sulfate, and potassium and magnesium sulfate.

The dry segment is projected to witness the fastest growth, in terms of value, in the sulfur fertilizers market from 2019 to 2025.

The advantage of using dry fertilizers is that they have an extended shelf life and can provide nutrition to plants over an extended period of time. Thus, the increase in the consumption of granular or powdered sulfur fertilizers is a key factor that is projected to drive the growth of the dry segment in the sulfur fertilizers market. Furthermore, the launch of elemental sulfur enriched NPK fertilizers has also led to a high demand for the dry form of sulfur fertilizers.

RoW is projected to grow at the highest CAGR during the forecast period.

The Rest of the World is segmented into South Africa, Turkey, and others in RoW, which includes Egypt, Morocco, Saudi Arabia, Iran, Israel, and Kenya. The agricultural activities in the African and Middle Eastern countries are carried out majorly, along the river banks and streams. Most farmers in these countries are small-scale and produce grains and other products for their own consumption and sale. However, farmers in a few Middle Eastern countries are gradually becoming aware of the benefits of sulfur fertilizers with the help of non-profit and non-governmental organizations.

Additionally, the high growth of the RoW region is supported by the increase in sulfur deficiency in the Middle Eastern and African regions.

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