The Global Sulfur Coated Urea Market size is expected to grow from around USD 2.14 billion in 2021, to around USD 3.54 billion by 2028, at a CAGR of 5.6% during the forecast period (2021-2028). The growth of this market can be attributed to increasing demand for the product and the rising number of establishments manufacturing it globally.
On the basis of Types, the market is segmented into Sulfur Coated Urea and Simple Urea. The demand for Sulfur-Coated urea is anticipated to be higher as it offers better results in terms of increased nutrient uptake, which eventually leads to a higher yield from crops.
Sulfur-coated urea is a type of nitrogen-containing fertilizer that is produced by mixing ammonia with sulfuric acid. The chemical reaction yields a crystalline solid known as ammonium sulfate, which dissolves in water to form an ammonium solution and hydrochloric acid (HCl). This compound contains more than 40% combined nitrogen and may also contain various trace elements such as copper, zinc, potassium, or boron depending on the formulation.
Simple Urea is a type of fertilizer that contains nitrogen and potassium. It is often mixed with other fertilizers to improve the soil quality for plants by providing more nutrients such as phosphorous, calcium, magnesium, sulfur, and sulfur compounds. Simple urea can be used in both home gardens or on larger farms to increase crop production.
On the basis of Application, the market is segmented into Agricultural Crops, Golf Courses, and Commercial.
Sulfur Coated Urea is used as a soil conditioner. It improves the quality of agricultural lands by improving its physical and chemical properties, which in turn helps plants grow better.
Golf courses are the major end-users of sulfur-coated urea today. Sulfur coated urea is a nitrogen and phosphate fertilizer that aids in improving water retention patterns on golf course greens, as well as other areas where turf grows. It also helps minimize winter damage to the grass by reducing snow foliation or frost heave. This can be done with either granular sulfur-coated urea mixed into the soil before planting or broadcast across freshly cut green surfaces (before rolling).
The use of Sulfur Coated Urea in commercials can be quite extensive. It is often used for the control of odor and dust from a coal-fired power plant, to reduce corrosion by controlling sulfuric acid content on storage tanks, or even as an additive in cement production. The needs of industries are unique and so their specific uses will depend greatly on what they need it for.
On the basis of Region, the market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to grow significantly during the forecast period. This market is mainly driven by high demand for sulfur-coated urea due to its low cost and wide availability, coupled with an increasing population.
The European region has been one of the key regions driving the global sulfur-coated urea market. Growing awareness about environmental sustainability as well as government regulations pertaining to nitrogen use is some of the factors that can drive growth in this region over time. However, it will not escape from operational challenges such as shortage of natural gas or constraints on production capacity which might hamper the profitability of manufacturers operating in Europe.
The world population is increasing at a rapid pace of around 80 million per year. The growing demand for food will increase the use of fertilizers, which in turn increases the demand for Sulfur Coated Urea market products. Rising incomes and urbanization are other factors supporting the growth of this industry.
In addition to these factors, increased awareness about environmental degradation issues among governments and NGOs also fuel the need for new technology solutions that can produce lower-emission fertilizer (popularly known as low emission urea). These include sulfur-coated or encapsulated urea with nitrogen efficiencies up to 65%. Growth of agricultural cash crops is expected due to their economic yield potentials along with an expanding global population base while maintaining competitive costs across developing markets.
Up Market Research published a new report titled “Sulfur Coated Urea Sales Market research report which is segmented by Types (Sulfur Coated Urea, Simple Urea), By Applications (Agricultural Crops, Golf Courses, Commercial), By Players/Companies Turf Care, The Andersons, Everris, Sun Agro, Adfert, Hanfeng, ArgUniv Fert, QAFCO, Yara, KOCH, SABIC, OCI, CF Industries, Wanxin Fertilizer, Luyue Chemical, Luxi Chemical”.
Report Attributes | Report Details |
Report Title | Sulfur Coated Urea Sales Market Research Report |
By Type | Sulfur Coated Urea, Simple Urea |
By Application | Agricultural Crops, Golf Courses, Commercial |
By Companies | Turf Care, The Andersons, Everris, Sun Agro, Adfert, Hanfeng, ArgUniv Fert, QAFCO, Yara, KOCH, SABIC, OCI, CF Industries, Wanxin Fertilizer, Luyue Chemical, Luxi Chemical |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 227 |
Number of Tables & Figures | 159 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Sulfur Coated Urea, Simple Urea and By Application Agricultural Crops, Golf Courses, Commercial.
Some of the companies that are profiled in this report are:
Sulfur Coated Urea Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Sulfur Coated Urea Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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