Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.15 Billion | USD 2.86 Billion | 2.9% | 2024 |
FrequentlyAsked Questions
Urea is being extensively used as a nitrogen fertilizer for the good growth of crops. The reduced size of the arable lands which is majorly due to urbanization and industrialization or even due to the land degradation that occurs because of heavy flooding will lead to a growing demand for urea. Particles of urea are coated with sulfur, and this results in a sealant that always benefits nitrogen for the growth of the plant.
The global sulphur-coated urea market is expected to grow due to increasing demand for high-efficiency and slow-release fertilizers to meet growing global food demand, rising concerns about soil health and environmental sustainability due to conventional fertilizer use, government initiatives promoting eco-friendly farming, and expanding applications in agriculture, golf courses, and professional lawn care.
According to a study, the global sulphur-coated urea market size was worth around USD 2.15 Billion in 2024 and is expected to reach USD 2.86 Billion by 2034.
The global sulphur-coated urea market is expected to grow at a CAGR of 2.9% during the forecast period.
Asia-Pacific is expected to dominate the sulphur-coated urea market over the forecast period.
Leading players in the global sulphur-coated urea market include Koch Industries, Inc.Nutrien Ltd.Haifa GroupAndersons, Inc.IFFCOCoromandel International Ltd.Israel Chemicals Ltd.Shandong Lianmeng ChemicalAgrium Advanced Technologies (AAT), among others.
The report explores crucial aspects of the sulphur-coated urea market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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