Sulfur coated urea is primarily used in the agriculture industry for reducing the negative effects of fertilizers such as crop burn. They are basically a controlled released of fertilizers that are manufactured by coatings hot urea by using molten sulfur polyurethane oil. These are specialized fertilizers that are coated by using polymers or waxes to release nutrients slowly. They are widely used across professional lawn care and turf, greenhouses, horticulture, golf courses, and nurseries.
The global sulphur coated urea market is projected to surpass US$ 1200 million by the end of 2027, in terms of revenue, growing at CAGR of 3.2% during the forecast period (2020 to 2027).
Top Key Players in Suphur Coated Urea market: Agrium Inc., Israel Chemicals Ltd., Syngenta AG., Yara International ASA, Andersons Inc., Haifa Chemicals Ltd, J. R. Simplot Company, Koch Industries Inc., Harrell’s LLC
Regional Analysis For Suphur Coated Urea Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Suphur Coated Urea market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
The growing need for agriculture sustainability with minimized input cost and increasing crop yield is predicted to reinforce the market growth of the sulfur coated urea. A growing population is creating demand for food which is additionally expected to accelerate the market growth of the sulfur coated urea. Moreover, increasing agriculture farmland round the globe has further boosted the market growth of the sulfur coated urea.
Growing concern over eutrophication thanks to rising use of fertilizers which ends up in pollution is projected to foster the market growth of the sulfur coated urea. Sulfur coated urea is effective in reducing the negative effects of the fertilizers on aquatic life. Therefore, growing concern over eutrophication is predicted to reinforce the market growth of the sulfur coated urea over the forecast period.
Rapid urbanization coupled with the increasing disposable income of the consumer is projected to offer potential growth opportunities to the market of sulfur coated urea. The growing adoption of advanced and sustainable farming practices among farmers due to rising environmental concerns is further anticipated to augment the market growth of the sulfur coated urea over the forecast timeframe.
Limited availability of arable land is creating demand for quality yield production on the farm which is fueling demand for sulfur coated urea. This is expected to present potential growth opportunities to the market over the forecast period. The scarcity of land for producing food will further create demand for specialized fertilizers such as SCU in order to meet the rising need for food due to a growing population.
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