Sulfur Coated Urea Market Report

Sulfur Coated Urea Market Analysis By Product Type (Sulfur Coated Urea And Wax Sulfur Coated Urea), By Application (Agriculture, Golf Courses, Professional Lawn Care And Turf, And Others), 2014 To 2025

Format: PDF  |  Report ID: GVR4495

Coated urea fertilizers are a group of controlled release fertiliser consisting of prills of urea coated in less-soluble chemicals like sulphur, polymers, etc. Sulfur coated urea is a controlled release fertiliser produced by coating hot urea by molten sulphur polyurethane oil or a microcrystalline wax. The major factor that propels the growth of the global Sulphur Coated Urea market include rising concerns in the agriculture segment such as strict regulatory framework on conventional fertilisers, eutrophication, etc.

In addition, inclination towards expenditure on luxury amenities such as household lawns and increasing number of golf courses are also fueling the growth of the global Sulphur Coated Urea market. Moreover, growing urbanisation and increasing disposable income all over the world particularly in Asian economies are projected to fuel the demand for Sulphur Coated Urea market.

On the other hand, there are also factors that hamper the growth of the market such as growing commercialisation and product improvement in substitute products such as polymer coated urea. In addition, higher price of sulphur coated urea as compared to that of the conventional urea fertilisers.

The global Sulfur Coated Urea market is classified on the basis of product type, application and geography.  On the basis of product type, the global Sulphur Coated Urea market is classified as polymer sulphur coated urea and wax sulphur coated urea. Among the product type, polymer sulphur coated urea segment dominated a large share of the global Sulphur Coated Urea market in 2015. In addition, polymer sulphur coated urea segment is estimated to continue its dominance in the marketthroughout the forecast period.

The factors that attribute to the growth of this segment is owed to superior nutrient supply as compared to wax sulphur coated urea. In addition, it has a less price as compared to that of other polymer coated fertilizers. On the basis of application, the global Sulphur Coated Urea market is classified asagriculture, golf courses, professional lawn care and turf, and others. The other segment includes greenhouses, nurseries and horticulture.

Among the applications, agriculture segment is projected to account a major share of the global Sulphur Coated Urea market in 2015. But over the forecast period golf courses application is expected to grow at a considerable rate as compared to that of agriculture segment. On the basis of geography, the global Sulphur Coated Urea market is classified as North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Eastern Europe, Latin America, the Middle East and Africa, and Japan. In case of geographical region, North America and Asia Pacific Excluding Japan are projected to account a dominant share of the global Sulphur Coated Urea market in 2015.

Asia Pacific Excluding Japan is projected to develop at the highest growth rate over the forecast period. The factors that contribute to the growth of this region is owed to rising food demand and declining per capita arable land are increasing demand for sulphur coated urea. In addition, risingemphasis of the urban population on fun activities and luxury facilities such as golf course and lawn tennis turfs has fuelled the growth of the Sulphur Coated Urea market.

On the other hand, regions such as Latin America and Middle East and Africa are anticipated to grow over the forecast period. Some of the prominent players that fuel the growth of the globalSulphur Coated Urea market include Agrium Inc., Andersons Inc., Haifa Chemicals Ltd., Koch industries Inc., J. R. Simplot Company, Israel Chemicals Ltd., Syngenta AG, Yara International ASA, and Harrell’s LLC.   

 

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