Global Sulphur Pastilles Market projected to grow to $1.7 billion by 2033

From GlobeNewswire: 2024-05-15 22:00:00

The Global Sulphur Pastilles Market is projected to grow from $0.97 billion in 2023 to $1.7 billion by 2033, with a CAGR of 6.29%. Sulphur pastilles are essential for sustainable agriculture, soil health, and crop productivity. The market is driven by increased demand for sulphuric acid production and growing preference for organic farming.

Sulphur 90% is expected to dominate the market, helping to improve soil pH and plant growth. Prilling/pelletizing is projected to grow rapidly due to increased demand for sulphur-based products. Agriculture is a major application segment due to the benefits of sulphur for plant growth functions.

Asia Pacific is set to lead the global market, with China being a key consumer. The region sees a rise in demand for sulphur pastilles due to environmental awareness and organic farming practices. North America is expected to experience fastest CAGR growth, driven by soil deterioration and sulphur deficiencies that can be addressed using sulphur pastilles.

Key market players include National Est. For Agricultural & Industrial Sulphur, Balaji Impex, and Grupa Azoty. These companies are investing in sustainable agricultural practices, including the development of biofertilizers. The market is segmented based on type, process, application, and region, offering a comprehensive analysis for stakeholders.



Read more at GlobeNewswire: Global Sulphur Pastilles Market Size To Exceed USD 1.7