Report on global sulfur predicts growth with a CAGR of 2.6% over the forecast period of 2018-2024

Sulfur fertilizer plays several important functions in plants. It helps the formation of chlorophyll that permits photosynthesis through which plants produce starch, sugars, oils, fats, vitamins, and other compounds, also it helps in the synthesis of oil.

Additionally, it is useful in the activation of enzymes, which aid in biochemical reactions in the plant. It increases crop yields and improves produce quality, both of which determine the market price a farmer would get for their produce. It improves protein and oil percentage in seeds, cereal quality for milling and baking, marketability of dry coconut kernel (copra), quality of tobacco, nutritive value of forages, etc. Increase in the trend of organic food consumption, depressed commodity prices, regulated pricing policy, and lower farm income are the major restraints for this market.

On the basis of region, the Global sulfur fertilizer market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). Asia-Pacific dominates the global sulfur fertilizer market. The market in the Asia Pacific region is driven by growing application of sulfur fertilizer for better quality farm produce, growing awareness about benefits of sulfur fertilizer among farmers, and impetus by the several governments for the application of sulfur fertilizer with nitrogen and potassium.

Read the article online at: https://www.worldfertilizer.com/special-reports/26092018/report-on-global-sulphur-predicts-growth-with-a-cagr-of-26-over-the-forecast-period-of-2018-2024/