市場調查報告書
商品編碼
1494751
到 2030 年硫肥市場預測:按類型、作物類型、農業類型、形式、應用和地區進行的全球分析Sulfur Fertilizers Market Forecasts to 2030 - Global Analysis By Type, Crop Type, Agriculture Type, Form, Application and by Geography |
根據Stratistics MRC的數據,2024年全球硫肥市場規模為54.2億美元,預計到2030年將達到69.4億美元,預測期內複合年成長率為4.20%。
含硫肥料對於現代農業至關重要,因為它們促進植物生長和發育。硫是植物合成酶、維生素和胺基酸所必需的營養素。硫有助於產生葉綠素(參與光合作用的綠色色素),促進快速生長並提高作物品質。缺硫地區必須施用硫肥,以確保植物營養和產量最大化。
根據美國農學會的說法,永續農業對於保護土壤健康和為子孫後代保護自然資源至關重要。
土壤缺硫增加
硫是獲得最佳作物產量的重要組成部分,並且在植物生理學和害蟲抗性中發揮重要作用。硫產生葉綠素,調節植物的光合作用,也促進蛋白質合成。由於大氣硫沉積而減少投入、農業實踐的持續變化以及產量作物的生長都導致硫缺乏症的發生率增加。已採用多種化學方法來識別硫缺乏症並提供高度相關、快速且準確的值。此外,由於硫磺短缺的加劇,預計未來幾年對硫肥的需求將會增加。
嚴格的環境法
世界人口不斷成長以及由此導致的對糧食、能源和資源的需求增加,環境正受到不利影響。過度使用漁業、森林和水源等自然資源,導致生物多樣性喪失和稀缺,破壞脆弱的生態系統,並對長期永續性造成挑戰。林業、基礎設施和農業擴張都會導致棲息地破壞、碳匯枯竭和氣候變遷。此外,生態系統耗竭、對人類健康的威脅以及生物多樣性的破壞都是工業和農業污染(例如空氣和水污染)的後果,阻礙了市場的擴張。
新興經濟體增加對農業活動的投資
在新興國家,農業投資在過去幾十年大幅增加。這是由商品價格上漲、進口糧食國家日益成長的戰略關注以及農業領域的各種商業機會所推動的。國營企業、主權財富基金、農產品企業和私募股權構成農業投資者的主體。然而,以硫肥替代有機肥的趨勢可能會阻礙市場的擴張。此外,富含元素硫的氮磷鉀肥料的推出預計將支持市場成長。
增加有機肥料的使用
世界各地生產的大部分油籽產於熱帶、半乾旱地區,這些地區的平均產量較低。油籽蒸騰速率低,能耐受乾旱。由於這些地區的硫磺供應量低,作物變得缺硫。此外,該部門考慮的主要作物是花生、油菜和大豆。由於油籽比其他作物需要更多的硫,因此預計硫肥市場在預測期內將受到限制。
COVID-19 大流行嚴重擾亂了全球市場,影響了廣泛的行業。為阻止病毒傳播而實施的封鎖、旅行禁令和社交疏遠策略導致消費者需求急劇下降並擾亂了全球供應鏈。旅遊、旅館和零售等行業的企業面臨前所未有的挑戰,許多企業被迫關閉或陷入財務困境。同時,科技、醫療保健和製藥等行業對商品和服務的需求增加。此外,政府也採取了多種財政和貨幣政策來應對景氣衰退,包括降息和經濟獎勵策略。
硫酸銨業務預計在預測期內成為最大的業務
預計硫酸銨部分將佔據硫肥最大的市場佔有率。由於其高溶解度,硫酸銨被廣泛用作含硫肥料,適用於多種作物和土壤類型。它提供植物生長必需的兩種營養素硫和氮,提高作物品質和產量。世界各地的農民都更喜歡硫酸銨,因為它的效率和多功能性,特別是在土壤缺乏硫的地區。此外,硫酸銨在硫肥市場的主導地位歸因於其穩定的供應鏈和廣泛的原料。
水果和蔬菜產業預計在預測期內複合年成長率最高
就硫肥而言,水果和蔬菜產業的複合年成長率通常最高。這種成長是由多種因素推動的,包括全球人口成長、飲食偏好變化以及人們對糧食安全和營養重要性的認知不斷提高,對優質水果和蔬菜的需求不斷增加。含硫肥料對於提高水果和蔬菜的產量、品質和營養成分至關重要。此外,礦物硫肥有助於水果和蔬菜合成維生素和抗氧化劑,提高其營養價值和整體含量。
硫肥市場佔有率最高的是亞太地區。這項優勢的主要原因之一是中國和印度等國家廣泛開展農業,這些國家的化肥生產和消費量都位居全球前列。飲食變化、都市化和人口快速成長等因素正在推動農業生產力的提高,加速硫肥的使用。此外,支持永續農業實踐和提高作物產量的政府計畫也有助於亞太地區的市場擴張。
由於對優質農產品的需求不斷成長以及農業方法的不斷採用,預計歐洲在預測期內將呈現最高的複合年成長率。由於需求增加導致消費量高,預計硫肥市場在不久的將來也將快速成長。此外,由於農業用地的增加、對該地區硫磺使用情況的更好了解以及資料分析、物聯網和人工智慧等新醫療技術的早期採用,該地區預計也將實現成長。
According to Stratistics MRC, the Global Sulfur Fertilizers Market is accounted for $5.42 billion in 2024 and is expected to reach $6.94 billion by 2030 growing at a CAGR of 4.20% during the forecast period. Fertilizers containing sulfur are essential to contemporary agriculture because they promote plant growth and development. For plants to synthesize enzymes, vitamins, and amino acids, sulfur is a necessary nutrient. It helps produce chlorophyll, the green pigment that is involved in photosynthesis, which encourages rapid growth and enhances crop quality. Applying sulfur fertilizers becomes essential in areas where sulfur deficits are prevalent in order to guarantee the best possible plant nutrition and yield.
According to the American Society of Agronomy, sustainable agricultural practices are essential for safeguarding soil health and preserving natural resources for future generations.
Increased soil sulfur deficiency
As an essential component for the best possible crop yield, sulfur is also known to be crucial for plant physiology and insect resistance. Along with producing chlorophyll, which helps plants regulate photosynthesis, it also facilitates protein synthesis. Reduced inputs from atmospheric sulfur deposition, continuous agricultural practice changes, and the growth of high-yield crops are all contributing to the increasing prevalence of sulfur deficits. Several chemical methods have been employed to identify sulfur deficiency and provide highly correlated, fast, accurate, and precise values. Moreover, the demand for sulfur fertilizers is therefore anticipated to increase in the upcoming years due to the growth in sulfur deficits.
Stringent environmental laws
The environment is being negatively impacted by the world's expanding population and its increased demand for food, energy, and resources. Overuse of natural resources, including fisheries, forests, and water sources, causes biodiversity to decline and become scarcer, upsetting delicate ecosystems and creating challenges for long-term sustainability. The expansion of forestry, infrastructure, and agriculture are all factors in habitat destruction, the depletion of carbon sinks, and climate change. Furthermore, the depletion of ecosystems, the threat to human health, and the destruction of biodiversity are all consequences of industrial and agricultural pollution, including air and water pollution, which impedes market expansion.
Increased investment in agricultural activities by developing economies
In emerging nations, investments in agriculture have increased significantly over the past few decades. This is brought on by rising commodity prices, heightened strategic concerns among nations that import food, and a range of commercial opportunities in agriculture. State-owned companies, sovereign wealth funds, agribusiness firms, and private equity make up the bulk of agricultural investors. Nonetheless, the growing trend of substituting organic fertilizers for sulfur fertilizers may hinder market expansion. Moreover, the launch of NPK fertilizers enhanced with elemental sulfur will support the growth of the market.
Growing use of fertilizers made of organic materials
The majority of oilseeds produced worldwide are produced in tropical, semi-arid regions with low average yields. The oilseeds have a low transpiration rate and can withstand droughts. These regions have a low availability of sulfur, which causes crops to be deficient in sulfur. Additionally, the main crops that are taken into consideration in this sector are peanut, canola, and soybean. Because oilseeds require more sulfur than other crops do, the market for sulfur fertilizers is anticipated to be constrained for the duration of the forecast period.
Global markets have been severely disrupted by the COVID-19 pandemic, affecting a wide range of industries. Lockdowns, travel bans, and social distancing tactics put in place to stop the virus's spread resulted in a sharp drop in consumer demand and global supply chain disruptions. Businesses in sectors like travel, hospitality, and retail faced unheard-of difficulties, with many having to close or struggling financially. On the other hand, industries with higher demand for their goods and services included technology, healthcare, and pharmaceuticals. Additionally, governments responded to economic downturns with a range of fiscal and monetary policies, such as interest rate reductions and stimulus packages.
The Ammonium Sulphate segment is expected to be the largest during the forecast period
The ammonium sulfate segment is anticipated to hold the largest market share for sulfur fertilizers. Due to its high solubility, ammonium sulfate is a sulfur-containing fertilizer that is widely used and appropriate for a variety of crops and soil types. It supplies sulfur and nitrogen, two vital nutrients for plant growth that improve crop quality and yields. Farmers all over the world prefer ammonium sulfate because of its efficiency and versatility, especially in areas where the soil lacks sulfur. Furthermore, its dominance in the market for sulfur fertilizers is attributed to a stable supply chain and widely accessible raw materials.
The Fruits and Vegetables segment is expected to have the highest CAGR during the forecast period
When it comes to sulfur fertilizers, the fruits and vegetables segment usually has the highest CAGR. A number of factors are responsible for this growth, such as the growing demand for premium fruits and vegetables brought on by the world's population growth, shifting dietary preferences, and growing consciousness of the significance of food security and nutrition. Fertilizers containing sulphur are essential for increasing fruit and vegetable yield, quality, and nutritional content. Moreover, the mineral sulfur fertilizers also help fruits and vegetables synthesize vitamins and antioxidants, which raises their nutritional value and overall content.
Asia-Pacific usually holds the largest market share for sulfur fertilizers. The widespread agricultural practices in nations like China and India, which rank among the top producers and consumers of fertilizers worldwide, are one of the main causes of this dominance. The demand for increased agricultural productivity is fueled by factors such as changing dietary habits, urbanization, and rapid population growth, which in turn accelerates the adoption of sulfur fertilizers. Additionally, government programs that support sustainable farming methods and increase crop yields also contribute to the Asia-Pacific region's market expansion.
Due to the region's growing demand for premium agricultural products and its increasing adoption of agricultural practices, Europe is predicted to have the highest CAGR during the projection period. In addition, the market for sulfur fertilizers is anticipated to grow rapidly in the near future due to the high consumption raised by rising demand. Furthermore, the region is also expected to grow as a result of an increase in agricultural land, a greater understanding of the region's use of sulfur, and the early adoption of new medical technology like data analysis, IoT, and AI.
Key players in the market
Some of the key players in Sulfur Fertilizers market include Royal Dutch Shell plc, Devco Australia Holdings Pty Ltd, The Mosaic Company, Nutri-tech Solutions Pty Ltd., Koch Industries, Inc., Israel Chemicals Limited., Balchem Inc, EuroChem Group, Yara International ASA, The Kugler Company, Coromandel International Limited, Tessenderlo Kerley, Inc, Zuari Agro Chemicals Ltd., Mitsui & Co. Ltd., Sulfur Mills Limited, Deepak Fertilizers and Petrochemicals Ltd. And Abu Dhabi Fertilizer Industries WLL.
In April 2024, Ma'aden and The Mosaic Company has announced that they have entered into a share purchase and subscription agreement. The agreement provides for the sale by Mosaic of all its shares in Ma'aden Wa'ad Al Shamal Phosphate Company, a joint venture investment among Ma'aden, Mosaic and Saudi Basic Industries Corporation, to Ma'aden in exchange for newly issued shares in Ma'aden.
In March 2024, Yara, a leading Norwegian crop nutrition company and a global leader in ammonia trade and shipping, and GHC SAOC, a wholly owned subsidiary of Acme Cleantech, a leading renewable energy company in India, signed a firm and binding agreement for supply of ammonia with reduced CO2 emissions from Acme to Yara on a long-term basis.
In September 2023, Coromandel International Limited on announced that Dare Ventures Limited, a subsidiary of the Company entered into definitive agreements for subscription of 10 Equity Shares of Rs 10 each, and 2,193 Seed Series Compulsorily Convertible Preference Shares of Rs 10 each of Flic Farm Private Limited constituting 16.53 percent of the post issue paid up share capital of Flic Farm Private Limited, the company announced through an exchange filing.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.