WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Technology Software Products Friday, March 29, 2024 
Add Press Release News | News Feeds Feeds | Email This News Email


Sulfur Bentonite Market Size Worth $130.58 Million By 2025 | CAGR 5.6%: Grand View Research, Inc.
Thursday, December 5, 2019

SAN FRANCISCO, Nov. 27, 2019 /PRNewswire/ -- The global sulfur bentonite market size is projected to reach USD 130.58 million by 2025, registering a CAGR of 5.6% over the forecast period, according to a new report published by Grand View Research, Inc. Growing deficiency of the sulfur in soil is expected to drive the consumption of sulfur bentonite in agriculture sector globally.

https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

Key suggestions from the report:

    --  Fruits and vegetables application accounted for a volume share of 21.9%
        in 2018 and is expected to witness the fastest growth over the forecast
        period
    --  Asia Pacific was the largest market for sulfur bentonite, accounting for
        29.7% share, by revenue, in 2018. It is expected to expand at a CAGR of
        6.2% from 2019 to 2025
    --  Major companies operating in the market continuously invest in R&D to
        improve the product quality. These companies have a strong foothold and
        better established and well recognized brands which make it difficult
        for the new players to compete in the market
    --  In 2017, Coromandel International Limited expanded its phosphoric acid
        production capacity by 300 tons per day and the capacity of other
        auxiliary facilities located at Sriharipuram to 9,900 tons per day

Read 78 page research report with ToC on "Sulfur Bentonite Market Size, Share & Trends Analysis Report By Application (Oilseeds, Cereals & Crops, Fruits & Vegetables), By Region, And Segment Forecasts, 2019 - 2025'' at: https://www.grandviewresearch.com/industry-analysis/sulfur-bentonite-market

The market is mainly driven by increasing concerns regarding poor sulfur content in the soil. Sulfur produces chlorophyll in plants, which is essential for absorbing nutrients through the process of photosynthesis. It also accelerates biochemical reactions in plants through the activation of enzymes to boost their immunity. Bentonite is used as a binding agent during product manufacturing and acts as a dispersing agent after the addition of the fertilizer to the soil. It aids in soil improvement by refining physical properties, strong water and nutrient retention capacity, and by the absorption of toxic elements.

Oilseeds application led the Sulfur bentonite market with a volume share of 45.2% in 2018. The product helps the formation of sulfhydryl linkage in oil seeds, which is an important source of pungency in oils, hence improving the overall quantity and quality of the seeds produced. However, fruits and vegetables segment is anticipated to witness a lucrative CAGR of 5.1%, in terms of volume, over the forecast period.

The market value chain is characterized by the integration of players across diverse stages, majorly product manufacturers and end users, which results in the continuous supply of raw materials and lower cost of manufacturing. Companies such as Tiger-Sul, Montana Sulphur & Chemical Co., Coromandel International, and Devco Australia are integrated across the value chain. These companies manufacture various grades of sulfur bentonite fertilizer for global distribution.

Grand View Research has segmented the global sulfur bentonite market based on application and region:

    --  Sulfur Bentonite Application Outlook (Volume, Kilotons; Revenue, USD
        Million, 2014 - 2025)
        --  Oilseeds
        --  Cereals and Crops
        --  Fruits and Vegetables
        --  Others
    --  Sulfur Bentonite Regional Outlook (Volume, Kilotons; Revenue, USD
        Million, 2014 - 2025)
        --  North America
            --  U.S.
            --  Canada
            --  Mexico
        --  Europe
            --  Germany
            --  U.K.
            --  France
        --  Asia Pacific
            --  Japan
            --  China
            --  India
        --  Latin America
            --  Brazil
            --  Argentina
        --  Middle East & Africa

Find more research reports on Agrochemicals & Fertilizers Industry, by Grand View Research:

· Propionaldehyde Market - Global propionaldehyde market is expected to witness a strong growth owing to increasing demand from end-use industries such as pharmaceuticals and cosmetics over the forecast period.

· Copper Ammonium Carbonate Market - Copper ammonium carbonate market is expected to grow steadily owing to its use as fungicides in the agricultural industry.

· Isoxaflutole Market - Growth of the global herbicide industry is expected to remain a key driving factor for global isoxaflutole market.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter

View original content:http://www.prnewswire.com/news-releases/sulfur-bentonite-market-size-worth-130-58-million-by-2025--cagr-5-6-grand-view-research-inc-300965807.html

SOURCE Grand View Research, Inc.



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav Global IoT in Agriculture Industry Research 2023-2033: Established Players Dominate the Growing Market | Mar 29, 2024
Nav Sony Electronics Delivers Firmware Updates including C2PA Compliancy as a Next Step to Ensure Authenticity of Images | Mar 29, 2024
Nav Airties Launches Orbit: Continuous Test Automation Platform for Managed Wi-Fi Deployments | Mar 29, 2024
Nav As RentRedi Expands Reporting to All Three Major Credit Bureaus, Landlords See 13% Jump in On-time Rent Payments | Mar 29, 2024
Nav Slenergy Focuses on Service Network in Europe | Mar 29, 2024
Nav Global Diagnostics Distribution Deal Trends Report and Directory 2024: Company A-Z, Headline Value, Therapeutic Area, Technology Type | Mar 29, 2024
Nav 2024 Emerging Trends Revolutionizing the Mobility Industry: Dynamic Changes Driven by Innovative Startups | Mar 29, 2024
Nav Whole Genome and Exome Sequencing Market Analysis 2023-2024 and 2027 with Executive and Consultant Guides Featuring llumina, ION, Pacific Biosystems, Roche, SOLiD, Oxford Nanopore Among Others | Mar 29, 2024
Nav /C O R R E C T I O N -- SEMIFIVE/ | Mar 29, 2024
Nav Global Biotechnology Licensing Analysis Report 2024: Comprehensive Insight into Licensing Strategies and Agreements - Access to Upfront, Milestone, and Royalties Data | Mar 29, 2024
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News