The Global Sulphur Bentonite Market was valued at USD 127 million in 2019 and is projected to reach USD 202 million by 2027, expanding at an approximate CAGR of 6%, during the forecast period, 2020 – 2027. The globally increasing demand for sulphur is a major factor that is propelling the demand for sulphur bentonite as fertilizers.
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Over the past few years, there has been a growing demand for sulphur bentonite fertilizers in the agriculture industry, all over the world. Sulphur bentonite is a micronutrient and it is one of the vital constituents of amino acids, utilized majorly in enhancing metabolic functions of plants. It also improves the efficiency of many other nutrients that are crucial for a good crop yield. The evolution of the market stems from the need for addressing the predominant sulphur deficiency in plants, mostly in parts of Asia Pacific and Latin America. The presence of sulphur deficiency can be lethal especially to some plants, such as in oilseed production. That aside, sulphur bentonite also finds its use in industries such as the oil and gas in drilling applications, wastewater treatment, power, food and beverages, and chemicals.
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Segments Covered in the Report:
The Global Sulphur Bentonite Market has been segmented based on: • Product Types • Sulphur-90% • Sulphur-85% • Others
Applications: • Oilseeds • Cereals and Crops • Fruits and Vegetables • Others
Regions: • Asia Pacific • North America • Latin America • Europe • Middle East & Africa
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