Sulfur Bentonite Market Size, Share Report, Analysis, Trends, Growth 2030

Sulfur Bentonite Market Size:

The global sulfur bentonite market size, which was anticipated to be worth 93 million USD in 2019, is expected to achieve a CAGR of roughly 6.3% between the years 2020 and 2030. The report offers valuation and analysis of Sulfur Bentonite market on a global as well as regional level. The study offers a comprehensive assessment of the industry's competition, limitations, sales estimates, avenues, current and emerging trends, and industry-validated market data.

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Sulfur Bentonite Market Overview:

Sulfur Bentonite is one of the key concentrated sulphur sources. Reportedly, Sulfur deficiency is witnessed majorly in Indian soils. For the record, Sulfur Bentonite consists of ninety percent of sulphur and ten percent of Bentonite clay. Moreover, the product acts as a dispersing agent after adding it to soils. According to NCBI, Sulfur Bentonite based organic fertilizers are utilized as tools for enhancing the anti-oxidant activity in red onions.

Furthermore, the compound is used in fertilizers for raising the crop output and improving the soil quality along with maintaining land arability. Apparently, sulfur plays a major role in synthesis of chlorophyll and enhances plant metabolism. In addition to this, Sulfur Bentonite fertilizers are utilized as flame retardant, oil & gas drilling applications, and organic intermediates.

Sulfur Bentonite Market Market Growth Dynamics

The market's growth over the forecast period is attributed to the need to remove sulfur deficiency from soil in order to increase the yield of corn, apples, potatoes, apples, oranges, soybeans, tea, and coffee.Large scale use of the compound in wastewater treatment, desalination, and food and beverages will boost market trends. Additionally, the escalating need for fertilizers fortified with sulfur for increasing crop cultivation will provide new growth avenues for the sulfur bentonite market over the ensuing years. Apparently, the oxidative feature of the compound helps in controlling the nutrient loss of the soil without creating any environmental hazards, and this will steer the market's growth over the forecast timeframe.

Furthermore, easy availability of raw substances, commercialization of products, and huge business avenues will facilitate market growth over 2020–2030. Moreover, low sulfur content in the soil can cause poor water drainage, soil runoff, pollution, and bacterial proliferation. Hence, in order to prevent the soil damage as well as retain its arability, it is necessary to add Sulfur Bentonite to soil. Such moves are anticipated to boost market demand in the near future. However, large amount of subsidizes provided to conventional fertilizers in the developing countries will decimate the market expansion.

North America To Make Remarkable Contributions Towards Overall Market Revenue By 2030

The market growth in the region over the estimated timespan can be credited to the huge demand for the product because of the huge crop yield. Furthermore, its use has been found to benefit enhancement of crop health in the countries like Canada. Apart from this, the subcontinent is the major manufacturer and consumer of the compound, with Canada being the leading canola producer. In addition to this, the U.S. is predicted to generate high demand for soybeans and corn, which will boost product penetration in the country. All these aforementioned factors are predicted to enhance business growth in the region over the ensuing years.

Report Scope

Key players leveraging the market growth are

• Tiger Sul
• Deepak Fertilizers
• H Sulfur Corp.
• Coromandel International
• National Fertilizer Limited
• Devco Australia
• Coogee Chemicals.   

The global sulfur bentonite market is segmented as follows:

By Application

• Oilseeds
• Cereals and Crops
• Fruits and Vegetables
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa