Sulfur Coated Urea Market Growth Report 2021-2031
The Sulfur Coated Urea Market is expected to register a CAGR of 5% from 2023 to 2031, with a market size expanding from US$ XX Million in 2023 to US$ XX Million by 2031.
The report is segmented by product type (polymer sulfur coated urea and wax sulfur coated urea) and crop type (grains and cereals, pulses and oilseeds, fruits and vegetables and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Sulfur Coated Urea Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Sulfur Coated Urea Market Segmentation
Product Type- Polymer Sulfur Coated Urea and Wax Sulfur Coated Urea
- Grains and Cereals
- Pulses and Oilseeds
- Fruits and Vegetables and Others
Strategic Insights
Sulfur Coated Urea Market Growth Drivers- Increasing focus on sustainable practices in the agriculture sector: One of the major driving factors for sulfur-coated urea (SCU) in the market is a global transition in agricultural practices to sustainability. Farmers are focusing on utilizing fertilizers that do the least environmental damage while delivering the most to their crops. SCU reduces nitrogen leaching and volatilization, two common aspects of conventional fertilizers. Thus, with improved regulations and consumers adapting to sustainable agricultural practices, SCU is expected to grow in demand.
- Growing demand for high yield fertilizers: Farmers are looking at highly beneficial fertilizers to enable high yields, to meet such high demands for food production. Sulfur coated urea allows for controlled release of nitrogen that enables optimum absorption of nutrients by the plants. This becomes all the more important for those regions where soil nutrients are depleted, rendering SCU a good option for farmers striving for increased productivity.
- Advacements in agricultural nutrient management practices: Slow-release fertilizers such as sulfur-coated urea are in demand because of advances in agricultural nutrient management practices. Use of precision farming technology increases adoption of slow-release fertilizers from specialty providers. This technology allows fertilizer application in the right form and amount at the right time. SCU integrates very well into these technologies since it delivers plant nutrients at a slow pace into the system matching the timing of nutrient indications by the crop for better performance and reduced wastage.
- Advancements in coating technologies: These new advances in coating technologies have improved sulfur-protected urea's viability and efficiency. New technologies, such as polymer coatings and new sulfur formulations, further control the nitrogen release rates. Such changes reflect on sulfur-coated urea's performance, thus permitting manufacturers to design products for specific crop requirements and environmental needs.
- Multi-nutrient combinations: Integrated nutrient management, including multi-nutrient combinations in operations, is increasingly preferred in agricultural practices. While applying SCU in systems, other fertilizers are included with organic amendments. This type of fertilization is becoming popular with farmers, consequently, many have accepted SCU among their general fertilization approaches.
- Partnerships and alliances among key players: Solid partnerships and strategic alliances exist in the sulfur-coated urea market between manufacturers of fertilizers, agricultural research institutes, and relevant technology providers. The purpose of such partnerships is to develop the current products, improve the distribution channels, and market the benefits of SCU to farmers. Such partnerships have proven effective in spurring innovation and expanding companies into markets.
- Advancements in formulations: Formulations for sulfur-coated urea formulated for specific crops and soil types present a potential opportunity for the manufacturer. By modifying the coating thickness or changing the ratio of nutrients, a company can manufacture the product according to different agricultural systems. This leads the company to modify SCU to enhance customer satisfaction and sell more.
- Tapping the potential in agrarian economies: The market for sulfur-coated urea has the potential for expansion in the newer markets, especially in the Asia Pacific, Latin America, and Africa. Due to modern agricultural practices and investment in agriculture, the demand for better fertilizers, particularly SCU, will ensure that the potential markets become promising. It gives a golden opportunity to capitalize on this trend by setting up production units locally with partnerships from regional distributors.
- Horticultural plants sector growth: Sulfur-coated urea can encourage multiple innovative applications, especially with specialty crops like horticultural plants. Specialty crops usually require nutrient management at the minutest levels for optimum growth and quality. Therefore, if manufacturers promote the advantages of SCU in special crop production, they could venture into niches and broaden their marketing scope.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Sulfur Coated Urea Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Sulfur Coated Urea Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Innovations in coating technologies is expected to be the key market trends
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
On the basis of geography, the sulfur coated urea market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
Haifa Group; ICL; J.R. Simplot Company; Koch Industries Inc; Nutrien Ltd are some of the key players operating in the sulfur coated urea market
Increasing demand for sustainable agriculture is driving the market growth
The Sulfur Coated Urea Market is estimated to witness a CAGR of 5% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sulfur Coated Urea Market - By Product Type
1.3.2 Sulfur Coated Urea Market - By Application
1.3.3 Sulfur Coated Urea Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SULFUR COATED UREA MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SULFUR COATED UREA MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SULFUR COATED UREA MARKET - GLOBAL MARKET ANALYSIS
6.1. SULFUR COATED UREA - GLOBAL MARKET OVERVIEW
6.2. SULFUR COATED UREA - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SULFUR COATED UREA MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. POLYMER SULFUR COATED UREA
7.3.1. Overview
7.3.2. Polymer Sulfur Coated Urea Market Forecast and Analysis
7.4. WAX SULFUR COATED UREA
7.4.1. Overview
7.4.2. Wax Sulfur Coated Urea Market Forecast and Analysis
8. SULFUR COATED UREA MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AGRICULTURE
8.3.1. Overview
8.3.2. Agriculture Market Forecast and Analysis
8.4. GOLF COURSES
8.4.1. Overview
8.4.2. Golf Courses Market Forecast and Analysis
8.5. PROFESSIONAL LAWN CARE AND TURF
8.5.1. Overview
8.5.2. Professional Lawn Care and Turf Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. SULFUR COATED UREA MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Sulfur Coated Urea Market Overview
9.1.2 North America Sulfur Coated Urea Market Forecasts and Analysis
9.1.3 North America Sulfur Coated Urea Market Forecasts and Analysis - By Product Type
9.1.4 North America Sulfur Coated Urea Market Forecasts and Analysis - By Application
9.1.5 North America Sulfur Coated Urea Market Forecasts and Analysis - By Countries
9.1.5.1 United States Sulfur Coated Urea Market
9.1.5.1.1 United States Sulfur Coated Urea Market by Product Type
9.1.5.1.2 United States Sulfur Coated Urea Market by Application
9.1.5.2 Canada Sulfur Coated Urea Market
9.1.5.2.1 Canada Sulfur Coated Urea Market by Product Type
9.1.5.2.2 Canada Sulfur Coated Urea Market by Application
9.1.5.3 Mexico Sulfur Coated Urea Market
9.1.5.3.1 Mexico Sulfur Coated Urea Market by Product Type
9.1.5.3.2 Mexico Sulfur Coated Urea Market by Application
9.2. EUROPE
9.2.1 Europe Sulfur Coated Urea Market Overview
9.2.2 Europe Sulfur Coated Urea Market Forecasts and Analysis
9.2.3 Europe Sulfur Coated Urea Market Forecasts and Analysis - By Product Type
9.2.4 Europe Sulfur Coated Urea Market Forecasts and Analysis - By Application
9.2.5 Europe Sulfur Coated Urea Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Sulfur Coated Urea Market
9.2.5.1.1 Germany Sulfur Coated Urea Market by Product Type
9.2.5.1.2 Germany Sulfur Coated Urea Market by Application
9.2.5.2 France Sulfur Coated Urea Market
9.2.5.2.1 France Sulfur Coated Urea Market by Product Type
9.2.5.2.2 France Sulfur Coated Urea Market by Application
9.2.5.3 Italy Sulfur Coated Urea Market
9.2.5.3.1 Italy Sulfur Coated Urea Market by Product Type
9.2.5.3.2 Italy Sulfur Coated Urea Market by Application
9.2.5.4 United Kingdom Sulfur Coated Urea Market
9.2.5.4.1 United Kingdom Sulfur Coated Urea Market by Product Type
9.2.5.4.2 United Kingdom Sulfur Coated Urea Market by Application
9.2.5.5 Russia Sulfur Coated Urea Market
9.2.5.5.1 Russia Sulfur Coated Urea Market by Product Type
9.2.5.5.2 Russia Sulfur Coated Urea Market by Application
9.2.5.6 Rest of Europe Sulfur Coated Urea Market
9.2.5.6.1 Rest of Europe Sulfur Coated Urea Market by Product Type
9.2.5.6.2 Rest of Europe Sulfur Coated Urea Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Sulfur Coated Urea Market Overview
9.3.2 Asia-Pacific Sulfur Coated Urea Market Forecasts and Analysis
9.3.3 Asia-Pacific Sulfur Coated Urea Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Sulfur Coated Urea Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Sulfur Coated Urea Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Sulfur Coated Urea Market
9.3.5.1.1 Australia Sulfur Coated Urea Market by Product Type
9.3.5.1.2 Australia Sulfur Coated Urea Market by Application
9.3.5.2 China Sulfur Coated Urea Market
9.3.5.2.1 China Sulfur Coated Urea Market by Product Type
9.3.5.2.2 China Sulfur Coated Urea Market by Application
9.3.5.3 India Sulfur Coated Urea Market
9.3.5.3.1 India Sulfur Coated Urea Market by Product Type
9.3.5.3.2 India Sulfur Coated Urea Market by Application
9.3.5.4 Japan Sulfur Coated Urea Market
9.3.5.4.1 Japan Sulfur Coated Urea Market by Product Type
9.3.5.4.2 Japan Sulfur Coated Urea Market by Application
9.3.5.5 South Korea Sulfur Coated Urea Market
9.3.5.5.1 South Korea Sulfur Coated Urea Market by Product Type
9.3.5.5.2 South Korea Sulfur Coated Urea Market by Application
9.3.5.6 Rest of Asia-Pacific Sulfur Coated Urea Market
9.3.5.6.1 Rest of Asia-Pacific Sulfur Coated Urea Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Sulfur Coated Urea Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Sulfur Coated Urea Market Overview
9.4.2 Middle East and Africa Sulfur Coated Urea Market Forecasts and Analysis
9.4.3 Middle East and Africa Sulfur Coated Urea Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Sulfur Coated Urea Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Sulfur Coated Urea Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Sulfur Coated Urea Market
9.4.5.1.1 South Africa Sulfur Coated Urea Market by Product Type
9.4.5.1.2 South Africa Sulfur Coated Urea Market by Application
9.4.5.2 Saudi Arabia Sulfur Coated Urea Market
9.4.5.2.1 Saudi Arabia Sulfur Coated Urea Market by Product Type
9.4.5.2.2 Saudi Arabia Sulfur Coated Urea Market by Application
9.4.5.3 U.A.E Sulfur Coated Urea Market
9.4.5.3.1 U.A.E Sulfur Coated Urea Market by Product Type
9.4.5.3.2 U.A.E Sulfur Coated Urea Market by Application
9.4.5.4 Rest of Middle East and Africa Sulfur Coated Urea Market
9.4.5.4.1 Rest of Middle East and Africa Sulfur Coated Urea Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Sulfur Coated Urea Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Sulfur Coated Urea Market Overview
9.5.2 South and Central America Sulfur Coated Urea Market Forecasts and Analysis
9.5.3 South and Central America Sulfur Coated Urea Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Sulfur Coated Urea Market Forecasts and Analysis - By Application
9.5.5 South and Central America Sulfur Coated Urea Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Sulfur Coated Urea Market
9.5.5.1.1 Brazil Sulfur Coated Urea Market by Product Type
9.5.5.1.2 Brazil Sulfur Coated Urea Market by Application
9.5.5.2 Argentina Sulfur Coated Urea Market
9.5.5.2.1 Argentina Sulfur Coated Urea Market by Product Type
9.5.5.2.2 Argentina Sulfur Coated Urea Market by Application
9.5.5.3 Rest of South and Central America Sulfur Coated Urea Market
9.5.5.3.1 Rest of South and Central America Sulfur Coated Urea Market by Product Type
9.5.5.3.2 Rest of South and Central America Sulfur Coated Urea Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SULFUR COATED UREA MARKET, KEY COMPANY PROFILES
11.1. HAIFA GROUP.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HARRELL'S LLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ICL
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. J.R. SIMPLOT COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KOCH INDUSTRIES, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NUTRIEN LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SYNGENTA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. THE ANDERSONS, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. YARA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Haifa Group.
2.Harrell's LLC
3.ICL
4.J.R. Simplot Company
5.Koch Industries, Inc.
6.Nutrien Ltd.
7.SYNGENTA
8.The Andersons, Inc.
9.Yara
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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