Up from the global market value of US$ 164 Mn attained in 2018, sales of sulphur bentonite will observe promising growth during the forecast period, 2019 – 2029. A new market research report by Future Market Insights (FMI) on the sulphur bentonite market forecasts a promising growth outlook for the market during the decade-old period of projection. Demand from China would account for nearly 50% of total market value towards the end of 2029.

The report opines that market growth will be primarily driven by rapid growth in demand for increased crop yield. Application will be promising in oilseeds, fruits and vegetables, cereals, pulses, crops, lawns, turf, and trees.

Reduced Sulphur Deposition in Crops with Stringent Emission RegulationsGrowing emission regulations in EU countries have significantly reduced the sulphur deposition in crops below the standard requirements. Hence, there has been an increase in the need for more intense sulphur carriers such as sulphur bentonite.

According to the Sulphur Institute in the U.K., ~50% of the land area is sulphur deficient for winter wheat and rapeseed. Europe has also been a significant producer of oil seeds and the region has witnessed a significant increase in crop yield and cereals in France, Germany, and Spain. EU 28 are the largest producers of rapeseed, followed by Canada, China, India, and Australia.

The yield has increased by 10-20% for oilseeds, legume, cereals, and forage crops. Moreover, the increasing rape oilseed production for biofuel increases the demand for fertilizers.

SULPHUR BENTONITE MARKET STRUCTURE ANALYSIS

  • The global sulphur bentonite market has a fairly competitive landscape, where prominent market players are focusing on the development of joint ventures, concrete distribution partnerships, and targeting a stronger global footprint.
  • The sulphur bentonite market has been fairly moderate in size, which is the key factor for its dynamic competitive nature.
  • Prominent sulphur bentonite providers are presently prioritizing business expansion through merger and acquisition strategies with other repair and maintenance service providers in the market.
  • Extension of product portfolio is also identified to remain one of the key developmental strategies adopted by key players in the sulphur bentonite market.
  • Key market players are strategically focussing on strengthening their online portfolio in order to attract new customers and give a necessary boost to their revenue stream.
Demand Upsurge in Production of Oilseeds and CerealsSulphur bentonite market is expected to witness maximum revenue growth in the production of oilseeds, especially in Asia Pacific (APAC). On the other hand, sulphur bentonite is witnessing rapid traction in the production of cereals, pulses, and crops.

The study reveals that the application of sulphur bentonite in oilseeds and cereals will collectively account for the revenues exceeding US$ 100 Mn by 2029 end. Sales of Sulphur bentonite for pushing the yield of fruits & vegetables and lawn, turf, and trees will see modest growth throughout the projection period.

Key Takeaways – Sulphur Bentonite Market

  • Sulphur bentonite remains among the most intense sulphur carriers that helps in boosting crop yield and field productivity.
  • Sulphur bentonite is widely used as a fertilizer for numerous crops, cereals, vegetables such as oil seeds, rice, corn, onion, and citrus fruits.
  • Growing concerns regarding balanced plant nutrition and a significant increase in production and crop yield with the use of sulphur bentonite are projected to create traction in the market.
  • Asia Pacific (APAC) will hold a significant value share in global sulphur bentonite market, owing to the large agricultural base in the region.
  • China’s supremacy would further continue to solidify the position of APAC as an attractive market.
sulphur bentonite market share by region 2018 a

Oilseeds to Remain Key Application Area

Based on the market analysis by application, oilseeds are projected to hold significant value share in global sulphur bentonite market. The use of sulphur bentonite as a fertilizer for oilseeds such as rapeseed, soybean, groundnuts, and sunflower will see significant growth over the forecast period. This can be attributed to the increase in crop yield and oil content with the use of such fertilizers.

However, the cereals, pulses, and crops segment is estimated to experience lucrative growth opportunities in the market. The fruits and vegetables segment is estimated to grow at a high CAGR. The growing production of fruits and vegetables such as onion, garlic, ginger, and citrus fruits in the region is also projected to drive the market demand. Applications such as lawns, turfs, trees, and others are projected to remain niche application segments.

Sulphur Bentonite Market – Key Vendor Insights

The report presents some of the key market players, who are known as leaders in the global sulphur bentonite market. Some of the prominent players operating in the global sulphur bentonite market are Tiger-Sul Inc., National Fertilizer Limited, NEAIS, Coromandel International Limited, Sohar Sulphur L.L.C, Deepak Fertilizers and Petrochemicals, Coogee Chemicals Pty Ltd., H Sulphur Corp, Galaxy Sulfur, LLC, Montana Sulphur & Chemical Co., Zafaran Industrial Group Company, ABU DHABI FERTILIZER INDUSTRIES CO. W.L.L., and Devco Australia.

Sulphur Bentonite Market Taxonomy

The global sulphur bentonite market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

By Application

  • Oilseeds
  • Cereals, Pulses, and Crops
  • Fruits and Vegetables
  • Lawns, Turfs, Trees, and Others

By Region

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific
  • Middle East and Africa

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