The global demand for Sulfur Coated Urea Market is presumed to reach the valuation of nearlyUSD 2.99 BN by 2030 from USD 2.14 BN in 2022 with a CAGR of 4.3% under the study period of 2023-2030. Regarding volume, the market was calculated XX Units in 2022 and forecast to touch XX Units by 2030 with a CAGR of XX% during 2023-2030.
Sulfur-coated urea is a slow-release or controlled fertilizer that are coated with polymer or wax sulfur. It increases nitrogen efficiency, improves plant growth and reduces water pollution. Sulfur-coated urea prevent soil compaction, reduces overall cost, effectively reduce salt index and improves the quality of the crop. Additionally, sulfur is the middle element which provides nutrition to crops. It has application in agriculture, golf course, professional lawn care, and turf among others.
Market Dynamics
The rising concerns in the agriculture segment such as strict regulatory framework on conventional fertilizers and eutrophication are driving the market growth. The rising preference of consumers towards luxury comforts such as home lawn is again accelerating the market growth. However, the availability of substitutes such as polymer-coated urea and high cost of sulfur coated urea as compared to the conventional urea fertilizers is likely to hamper the market growth. Whereas, an increasing number of the golf course across the globe are expected to fuel the market growth in upcoming years.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of sulfur coated urea.
Market Segmentation
The entire sulfur coated urea market has been sub-categorized into product type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
By Application
- Agriculture
- Golf Courses
- Professional Lawn And Turf
- Other
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for sulfur coated urea market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Sulfur Coated Urea Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Sulfur Coated Urea market include Agrium Inc., Andersons Inc., Haifa Chemicals Ltd., Koch Industries Inc., J. R. Simplot Company, Israel Chemicals Ltd., Syngenta AG, Yara International ASA, Harrell’s LLC. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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