Market Trends of Sulfur Fertilizer Industry
This section covers the major market trends shaping the Sulfur Fertilizer Market according to our research experts:
Reduction in Sulfur Emission
Sulfur emission has decreased significantly over the last decades. For instance, In the United States, Sulfur dioxide emission (SO2) has fallen to 2.82 million tons in 2017 from 31.22 million tons in 1970. The reduction in sulfur dioxide is mainly due to the Clean Air Act, which includes the implementation of the Acid Rain Programme. As the Clean Air Act is progressing positively, there has been a reduction in sulfur emission, so the amount of atmospheric sulfur deposited in the soil is only 25%. Crops are now deficient with sulfur and in the future, more deficiency of sulfur will continue due to the "Clean Air Act" which will drive the sulfur macronutrients market during the forecast period.
The Asia-Pacific Region is Expected to Dominate the Market
North America dominates the market and holds the highest market share. Large agriculture area and awareness about the use of sulphur is the main reason for the growth of the specific market. The Asia-Pacific is projected to be the fastest-growing market as the region is driven by the increasing demand for high-quality agriculture produce with the increase in agriculture practices.
