Sulfur Bentonite Market to Grow with a CAGR of 5.13% through 2028
Increasing production of oilseeds crops
and growing alertness regarding deficiency of sulfur in the soil are factors
driving the Global Sulfur Bentonite Market in the forecast period 2024-2028.
According to
TechSci Research report, “Sulfur Bentonite Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028”, the
Global Sulfur Bentonite Market stood at USD 103.45 million in 2022 and is
anticipated to grow with a CAGR of 5.13% in the forecast period, 2024-2028.
Sulfur bentonite is a micronutrient that is fundamentally linked to the
formation of amino acids, which are the building blocks of proteins essential
for plant growth and development. This micronutrient is composed of sulfur, a
vital element for various metabolic processes within plants, and bentonite, a
clay mineral known for its unique properties. The impact of
sulfur bentonite extends beyond amino acid synthesis. Its presence in the soil
contributes to unlocking the potential of other essential nutrients. Sulfur
acts as a catalyst, making it easier for plants to absorb vital elements like
nitrogen, phosphorus, and potassium – commonly referred to as NPK – from the
soil. This enhanced nutrient efficiency translates to healthier plants,
improved root development, and, ultimately, higher crop yields.
Moreover,
maintaining the right pH levels in soil is crucial for optimal nutrient
availability. Sulfur bentonite plays a significant role in this aspect as well.
When sulfur is added to the soil, it undergoes oxidation, leading to the
formation of sulfuric acid. This acidification process helps to lower the soil
pH, making it more conducive for nutrient uptake. Additionally, sulfur
contributes to the breakdown of organic matter, further enriching the soil's
fertility and microbial activity. The use of sulfur bentonite aligns well with
the principles of sustainable agriculture. By improving nutrient efficiency and
promoting healthy plant growth, this micronutrient minimizes the need for
excessive fertilizer application. This, in turn, reduces the risk of nutrient
runoff and its associated environmental impacts.
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Furthermore,
sulfur bentonite can be applied to the soil through various methods, including
incorporation into the soil during cultivation, surface application, and even
via irrigation systems. The appropriate application method depends on factors
such as soil type, crop variety, and local climatic conditions. Consulting with
agronomists or agricultural extension services can provide valuable insights
tailored to specific farming practices. At the heart of
every thriving plant is a complex network of metabolic activities that
determine its growth, resilience, and yield. Sulfur bentonite plays a pivotal
role in enhancing these metabolic processes. By promoting the synthesis of
amino acids, sulfur bentonite aids in the creation of proteins, enzymes, and
chlorophyll, all of which are crucial for photosynthesis, nutrient absorption,
and overall plant vitality.
The Global
Sulfur Bentonite Market is segmented into application, regional distribution,
and company
Based on
application, the oilseeds segment commands the highest share of revenue. Sulfur
bentonite finds its utility in enriching the oil content and bolstering yields
of prominent oilseed varieties, including sunflower, rapeseed, groundnut, soybean,
and others. The increasing research and development endeavors within the
agricultural sector, focused on advancing oilseed production, are projected to
generate significant demand for sulfur bentonite fertilizers in the foreseeable
future. Additionally, sulfur-coated fertilizers, available in a granular form,
play a crucial role as stabilizers in oilseed cultivation, particularly in
countries such as China, India, and the United States. The incorporation of
sulfur bentonite in oilseed farming presents a range of advantages, including
the reduction of soil pH emissions in alkaline soil, augmentation of root
growth rates, and enhancement of nitrogen, micronutrient, and phosphate
utilization. These benefits have captured the attention of existing market
players, leading to an increased adoption of the product, and subsequently
driving market demand.
Furthermore, the
requirement for compounds in cereals mirrors the pattern of phosphorus
absorption. Sulfur-rich amino acids like methionine, cystine, and cysteine are
inherent in the protein cells of crops. Functionally, the utilization of sulfur
bentonite significantly influences crop yield, improving flavor and aroma while
enhancing resistance against cold weather conditions. Notably, sulfur scarcity
is most pronounced during initial growth phases, as it tends to leach from the
soil surface. Changes in protein composition manifest as pale-yellow
discoloration in young leaves and stunted stem growth, ultimately impacting
seed quality and size. Moreover, insufficiency in fruits and vegetables results
in slender stems, yellowish-tinged veins, and undernourished flowers and
fruits. During late winter, sulfate fertilizers hold particular significance
for vegetables like cabbage, broccoli, turnips, and radishes. These fertilizers
provide essential weather resilience and contribute to the management of
specific plant diseases. Additionally, sulfur plays a pivotal role in reducing
soil pH, enhancing plant root access to nutrients, and facilitating the growth
of plant tissues.
Based on region,
Asia Pacific took center stage as the leading contender in the Global Sulfur
Bentonite Market. This region is on the brink of prominence due to the growing
consumer awareness surrounding sulfur-based fertilizers. Notably, China and
India stand out as frontrunners in regional consumption. These nations house
global manufacturing giants such as Coromandel International Limited, Deepak
Fertilizers & Petrochemicals Corporation Limited, and National Fertilizers
Limited. Furthermore, a significant portion of the product is imported from
North America and the Middle East and Africa, often recognized by brand names
like Omasulf, Tiger-sul, and Brimstone, among others.
Furthermore,
solidifying its position as the second-largest sulfur bentonite market, South
America's momentum mainly stems from the increasing demand for a variety of
food crops and oilseeds. The region grapples with limited arable land and a
growing deficiency of micronutrients in the soil, necessitating a range of
fertilizers to enhance soil fertility. In Latin America, Brazil takes the lead
as the primary consumer of sulfur bentonite, followed by Mexico, Argentina, and
Colombia. Remarkably, Brazil and Argentina also play substantial roles in
global oilseed production, further amplifying their demand for sulfur
bentonite.
Major companies
operating in Global Sulfur Bentonite Market are:
- Tiger-Sul
Products LLC
- Devco Australia
- Coromandel
International Limited
- Galaxy Sulfur
LLC
- Sohar Sulphur
Fertilizers LLC
- Montana Sulphur
& Chemical Co.
- National
Fertilizers Limited
- Kiran Chemicals
- Gujarat Aksha
Fertilizer Company
- Irasulph Company
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“Contemporary
agriculture is undergoing a shift from concentrating solely on macronutrients
to adopting a more inclusive strategy that encompasses micronutrients. In this
context, sulfur bentonite seamlessly fits into the evolving landscape, playing
a pivotal role in augmenting soil with vital micronutrients. The industry is
observing a growing interest in sulfur bentonite due to its capacity to combat
micronutrient deficiencies in soil, thereby fostering comprehensive soil
well-being and enhancing the caliber of cultivated crops creates a lucrative
opportunity in the market growth,” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based management consulting firm.
“Sulfur
Bentonite Market By Application (Cereals & Grains, Fruits and Vegetables,
Oilseeds, Others), By Region, By Competition Forecast & Opportunities,
2018-2028F”, has evaluated the future growth potential of Global
Sulfur Bentonite Market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Sulfur
Bentonite Market.
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