Sulfur Coated Urea Market is Projected to Expand at a 5.91% CAGR from 2019-2026
The global Sulfur Coated Urea market is estimated to be USD 1,312 million in 2019 and is expected to reach USD 1,961 million by 2026, with a CAGR of 5.91% during the forecast period.
Coated urea fertilizer is a group of controlled release fertilizers consisting of urea particles coated with insoluble chemicals such as urea and polymers. Sulfur-coated urea is a controlled release fertilizer produced by coating hot urea with molten sulfur polyurethane oil or microcrystalline wax.
Get FREE Sample of Sulfur Coated Urea Market Report at:
Key Players:
Compared with the past five years, there will be more growth opportunities between 2018 and 2025, which means the pace of rapid change. Companies that are quickly adapting to this changing landscape through sustainable transitions, innovation, effective pricing and sales execution strategies are becoming the best performing companies and gaining attractive revenue. Key players in the Sulfur Coated Urea market include Turf Care, The Andersons, Everris, Sun Agro, Adfert, Hanfeng, ArgUniv Fert, Wanxin Fertilizer, Luyue Chemical, Puyang Dahua, and etc.
Market Driver and Restraint
Rising concerns regarding sustainability and cost minimization in the agricultural sector have formed major driving factors for the global sulfur coated urea market. Rising urbanization and increasing spending capacity of people are also likely to fuel the sulfur coated urea market growth. Furthermore, the market has grown further due to strict regulations on the use and production of traditional fertilizers and changes in preferences for sprawling lawns and the number of golf courses. However, growing commercialization and improvement witnessed in the substitute products may hinder the market’s growth. Added to above, high product costs as compared to traditional urea fertilizers may also hamper the expansion of sulfur coated urea market in the near future.
Purchase a copy of Sulfur Coated Urea report at:
Forecast by Geography
In terms of geography, the sulfur coated urea market has been categorized into Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia-Pacific was the global sulfur coated urea market leader in 2018, followed by North America & Europe markets, possessing the market share of 34.85%, 28.77% and 25.69% respectively. The coated urea market in the Asia-Pacific region is predicted to achieve lucrative growth over the forthcoming years. The growth can be attributed to burgeoning demand for food coupled with diminishing per capita cultivable land availability in this region. In addition to this, high focus of urban population on leisurely activities and luxuries such as turfs of lawn tennis and golf fields is projected to raise the product demand across this region. The markets in Latin America and the Middle East and Africa are predicted to grow at the high rate during the estimated timeline.
Type Segment Analysis
By product type, the Sulfur Coated Urea market is segmented into 12-16 Week Release, 14-18 Week Release, 18-22 Week Release, 20-26 Week Release, and Others.
Application Segment Analysis
The Sulfur Coated Urea is deployed in various end users: Agricultural Crops, Golf Courses, Professional Lawn Care and Landscape Maintenance, Nurseries and Greenhouses, Landscape, Others. Among the applications, Agricultural Crops segment accounted a major share of the global Sulphur Coated Urea market in the past few years. But Golf Courses application is expected to grow at a considerable rate as compared to that of agriculture segment over the forecast period.
Ask for a discount at:
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Sulfur Coated Urea Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Sulfur Coated Urea Market by Types
4 Segmentation of Sulfur Coated Urea Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Sulfur Coated Urea Market in Major Countries
7 North America Sulfur Coated Urea Landscape Analysis
8 Europe Sulfur Coated Urea Landscape Analysis
9 Asia Pacific Sulfur Coated Urea Landscape Analysis
10 Latin America, Middle East & Africa Sulfur Coated Urea Landscape Analysis
11 Major Players Profile
11.1 Turf Care
11.1.1 Turf Care Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 The Andersons
11.3 Everris
11.4 Sun Agro
11.5 Adfert
11.6 Hanfeng
11.7 ArgUniv Fert
11.8 Wanxin Fertilizer
11.9 Luyue Chemical
11.10 Puyang Dahua
…
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2019 to 2026
Target Audience:
Sulfur Coated Urea manufacturers
Raw material suppliers of Sulfur Coated Urea
Sulfur Coated Urea potential investors
Distributors and resellers of Sulfur Coated Urea
Sulfur Coated Urea industry associations
Product managers, Sulfur Coated Urea industry administrator, C-level executives of the industries
Market Research and consulting firms
Small and Medium-sized Enterprises (SMEs)
Contact:
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.
Chinese