Granular Sulfur Market Report 2024 (Global Edition)

Global Granular Sulfur Market Report 2024 Market Size Split by Type (Food Grade, Industrial Grade), by Application (Agrochemicals, Chemical & Petroleum Refining, Rubber & Plastics, Mining & Metallurgy...

Granular Sulfur Market Report Description

We have various report editions of Granular Sulfur Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Granular Sulfur Market Insights Video

Competitive Landscape of the Granular Sulfur Market

The competitive landscape of the Granular Sulfur market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established manufacturers, specialized Granular Sulfur companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

January 2023: Brazilian chemical maker Unigel RI (Unigel), one of Latin America's largest chemical companies and Brazil’s leading manufacturer of nitrogen fertilizers, contracted with MECS, Inc. (MECS), a subsidiary of Elessent Clean Technologies, to construct a new sulfur-burning sulfuric acid plant. This plant aims to replace imported sulfuric acid for Unigel's downstream chemical processes.

(Source: https://elessentct.com/unigel-partners-with-elessent/ )

Top Companies Market Share in Granular Sulfur Industry: (In no particular order of Rank)

• Mahaveer Surfactants Private Limited
• KGT Oil
• Kimtar
• KHO Industries
• Montana Sulphur & Chemical Company
• ASJ
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Granular Sulfur Market

Which Region Dominates the Granular Sulfur Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. The agricultural sector in North America, particularly in the United States and Canada, heavily relies on sulfur-containing fertilizers. Granular sulfur is vital for producing fertilizers such as ammonium sulfate and single superphosphate, which are essential for improving soil fertility and crop yields. According to the 2022 Census of Agriculture by the USDA National Agricultural Statistics Service (NASS), U.S. farmers harvested over 80 million acres of corn, with 13% grown in Illinois and 4% in Missouri, and nearly 85 million acres of soybeans, with 12% grown in Illinois and 7% in Missouri. In 2022, corn and soybeans together accounted for more than half of U.S. crop cash receipts, totaling $148.5 billion. As farming practices advance, there is an increasing focus on balanced nutrient management. Sulfur is a crucial nutrient for crop development, aiding in the synthesis of amino acids, proteins, and enzymes. The demand for granular sulfur fertilizers is driven by the need to correct sulfur deficiencies in soils, thereby enhancing crop productivity and quality.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Granular Sulfur market due to several compelling reasons. ? Asia Pacific is home to some of the world's most populous countries, including China and India. As of January 2023, India's population was 1.42 billion, having grown by 9.7 million (+0.7 percent) from 2022 to 2023. This rising population drives a greater demand for food, necessitating enhanced agricultural productivity. According to the Final Estimates for 2022-23, India achieved a record foodgrain production of 329.69 million tonnes, an increase of 14.07 million tonnes over the 315.61 million tonnes produced in 2021-22. Granular sulfur is crucial in producing sulfur-containing fertilizers like ammonium sulfate and single superphosphate, which are essential for improving soil fertility and crop yields.

 

The current report Scope analyzes Granular Sulfur Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Granular Sulfur

According to Cognitive Market Research, the global Granular Sulfur market size was estimated at USD 22541.6 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 9016.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8%from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Granular Sulfur market with a market size of USD 7114.1 million in 2024 and is projected to grow at a CAGR of 8.6% during the forecast period. The demand is amplified by the nation's expanding agricultural sector, robust chemical industry, and increased petroleum refining activities.
• The Canada Granular Sulfur market had a market share of USD 1082.0 million in 2024 and is projected to grow at a CAGR of 9.6% during the forecast period. Canada's surge in basic chemical production, record industrial chemical shipments, and recovering demand post-COVID-19 pandemic to increased usage of Granular Sulfur.
• The Mexico Granular Sulfur market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 820.5 million in 2024.

Europe Granular Sulfur

According to Cognitive Market Research, the global Granular Sulfur market size was estimated at USD 22541.6 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 6762.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.

• The United Kingdom Granular Sulfur market had a market share of USD 1136.1 million in 2024 and is projected to grow at a CAGR of 9.9% during the forecast period. In the UK, Granular Sulfur sales witness an upswing due to the nation's robust growth in the petrochemical industry and increasing requirements for sulfuric acid in industrial processes.
• The France Granular Sulfur market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 622.1 million in 2024.
• According to Cognitive Market Research, the German granular Sulfur market size was valued at USD 1338.9 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. In Germany, Granular Sulfur sales surged due to the thriving agricultural sector, and the need for sulfur-containing fertilizers to enhance crop productivity.
• The Italy Granular Sulfur market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 581.5 million in 2024.
• The Russia Granular Sulfur market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 1048.1 million in 2024.
• The Spain Granular Sulfur market is projected to witness growth at a CAGR of 8.2% during the forecast period with a market size of USD 554.5 million in 2024
• The Luxembourg Granular Sulfur market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 209.6 million in 2024.
• The Portugal Granular Sulfur market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 142.0 million in 2024.
• The Greece Granular Sulfur market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 81.1 million in 2024.
• Rest of Europe's Granular Sulfur market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 1048.1 million in 2024.

Asia Pacific Granular Sulfur

According to Cognitive Market Research, the global Granular Sulfur market size was estimated at USD 22541.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 5184.5 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.

• According to Cognitive Market Research, the China Granular Sulfur market size was valued at USD 2333.0 million in 2024 and is projected to grow at a CAGR of 12.1% during the forecast period. In China, demand for Granular Sulfur Market is driven by the rising demand for food grains and the related requirement for more effective land use.
• The Japan Granular Sulfur market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD 715.4 million in 2024.
• The India Granular Sulfur market had a market share of USD 622.1 million in 2024 and is projected to grow at a CAGR of 14.4% during the forecast period. India's expanding fertilizer production sector is supported by favorable government policies and subsidies aimed at enhancing agricultural productivity, and driving the market.
• The South Korea Granular Sulfur market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD 518.4 million in 2024.
• The Australian granular Sulfur market is projected to witness growth at a CAGR of 12.3% during the forecast period, with a market size of USD 269.6 million in 2024.
• The South East Asia Granular Sulfur market is projected to witness growth at a CAGR of 13.6% during the forecast period, with a market size of USD 357.7 million in 2024.
• The Rest of Asia Pacific Granular Sulfur market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD 368.1 million in 2024.

South America Granular Sulfur

According to Cognitive Market Research, the global Granular Sulfur market size was estimated at USD 22541.6 Million out of which the Latin America market of more than 5% of the global revenue with a market size of USD 1127.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Granular Sulfur market size was valued at USD 482.3 million in 2024 and is projected to grow at a CAGR of 10.6% during the forecast period. Granular Sulfur sales flourish in Brazil due to the extensive expansion of crop production.
• Argentina's Granular Sulfur market had a market share of USD 189.3 million in 2024 and is projected to grow at a CAGR of 10.9% during the forecast period. Argentina's Large consumer base for chemicals and subsequently increasing demand is expected to drive the Granular Sulfur market.
• Colombia's Granular Sulfur market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD 100.3 million in 2024.
• Peru Granular Sulfur market is projected to witness growth at a CAGR of 10.2% during the forecast period with a market size of USD 92.4 million in 2024.
• Chile's Granular Sulfur market is projected to witness growth at a CAGR of 10.3% during the forecast period with a market size of USD 81.1 million in 2024.
• The Rest of Latin America's Granular Sulfur market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 181.4 million in 2024.

Middle East and Africa Granular Sulfur

According to Cognitive Market Research, the global Granular Sulfur market size was estimated at USD 22541.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 450.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.

• The GCC Countries Granular Sulfur market is projected to witness growth at a CAGR of 11.1% during the forecast period with a market size of USD 192.9 million in 2024. Granular Sulfur sales flourish due to the petrochemical industry and the increasing production of sulfuric acid, which is essential for various industrial processes.
• The Egypt Granular Sulfur market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 47.3 million in 2024.
• The South African granular Sulfur market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD 71.2 million in 2024. Granular Sulfur sales flourish in South Africa due to the Rising demand for staple foods and the importance of optimizing farmland.
• The Turkey Granular Sulfur market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 38.7 million in 2024.
• The Nigeria Granular Sulfur market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 47.3 million in 2024.
• The Rest of the MEA Granular Sulfur market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 53.2 million in 2024.

Granular Sulfur Market Analysis

Granular Sulfur Market TypeSegment Analysis

According to Cognitive Market Research, Food Grade stands out as the dominating Type. The global population is steadily increasing, leading to higher demand for food. This necessitates improved agricultural productivity and the use of high-quality fertilizers to enhance crop yields. Food-grade sulfur is critical in producing sulfur-containing fertilizers, which are essential for soil fertility and plant health. Modern farming techniques and the adoption of precision agriculture are driving the demand for high-quality agricultural inputs. Food-grade sulfur fertilizers provide the necessary nutrients for optimal crop growth, supporting the production of high-yield and high-quality crops..

Industrial Grade emerges as the fastest-growing Type in the Granular Sulfur market. Industrial-grade sulfur is primarily used in the production of sulfuric acid, one of the most widely used chemicals globally. Sulfuric acid is essential in numerous industrial processes, including the manufacturing of fertilizers, chemicals, and petroleum refining. Beyond sulfuric acid, sulfur is used in the production of other chemicals such as sulfates, sulfites, and thiosulfates, which are important in various industrial processes, including textile processing, water treatment, and pulp and paper manufacturing..

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Granular Sulfur Industry. Request a Free Sample PDF!

Granular Sulfur Market ApplicationSegment Analysis

According to Cognitive Market Research, the dominating Application is the Agrochemicals. Sulfur is an essential nutrient for plant growth. It plays a critical role in the synthesis of amino acids, proteins, and enzymes. The use of granular sulfur in agrochemicals helps improve soil fertility, leading to higher crop yields and better-quality produce. Granular sulfur is a key ingredient in the production of sulfur-containing fertilizers such as ammonium sulfate and single superphosphate. These fertilizers are crucial for providing plants with the necessary sulfur to enhance their growth and development..

The fastest-growing Application in the Granular Sulfur market is Chemical & Petroleum Refining. Granular sulfur is a primary raw material in the production of sulfuric acid, one of the most widely used industrial chemicals. Sulfuric acid is essential for various industrial processes, including fertilizer manufacturing, mineral processing, and chemical synthesis. In petroleum refining, sulfur is a byproduct of desulfurization processes aimed at reducing the sulfur content in fuels. This is crucial for meeting environmental regulations that limit sulfur emissions from fuels..

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

David Fuller

Senior Analyst at Cognitive Market Research

LinkedIn

Profile

I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.

Author's Conclusion