Industry Background:
Sulfur bentonite is a sulphatic fertilizer comprised of 90% of sulfur and 10% of bentonite clay, it is highly used as fertilizers because of its effectiveness in crops. Sulphur is necessary components used in the synthesis of amino acids needed to produce proteins. It is also required in the production of chlorophyll and other necessary nutrients. the sulfur bentonite improves the yield of crops and oil content.This growth is primarily driven by Need for Phosphates and Micronutrient in the Agricultural Application and Increasing Demand for Sulphated Fertilizers.
Globally, a noticeable market trend is evident Increased Consumption of Sulphur Bentonite Pastilles in Horticulture Market. Major Vendors, such as NFL (India), H Sulphur Corp. (South Korea), Coromandel International Limited (India), Coogee Chemicals Pty. Ltd. (Australia), Tiger-Sul, Inc. (Canada), Saeed Ali Ghodran Group (Saudi Arabia), Amarak Chemicals Fzc (United Arab Emirates) and Swancorp (Australia) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
"Sulfur Bentonite is not classified as a Class 4.1 Dangerous Good (Flammable Solid) under the criteria of the Australian Code of Transport of Dangerous Goods by Road & Rail as it has been formed into a specific shape, i.e. granules. Sulfur dust, however, which is flammable in the air, can be generated from Sulfur Bentonite during handling. This has to be considered in operations such as blending. Sulfur Bentonite is classified as a Hazardous Substance according to the criteria of Safe Work Australia, as too is blends containing more than 20% elemental sulfur (S). So that blends in which Sulfur Bentonite is used are not classified as Hazardous, and to minimize fire and explosive risks associated with dust generated during handling operations, the maximum concentration at which Sulfur Bentonite is used by Incitec Pivot in blends is 20%."
Market Drivers
- Need for Phosphates and Micronutrient in the Agricultural Application
- Increasing Demand for Sulphated Fertilizers
Market Trend
- Increased Consumption of Sulphur Bentonite Pastilles in Horticulture Market
Restraints
- High Cost Associated with the Sulfur Bentonite
Opportunities
Increasing Production of Sulfur Bentonite for Chemical Grade Usage and Surging Awareness about the Benefits of Sulfur Bentonite on Agricultural Applications
Challenges
Stringent Regulatory Guidelines and Standards on the Sulfur Bentonite
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Sulfur Bentonite Study Sheds Light on
— The Sulfur Bentonite Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Sulfur Bentonite industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Sulfur Bentonite industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.