Austin, July 15, 2024 — The SNS Insider report estimates the Sulfur Bentonite Market Size at USD 144.8 million in 2023, with a projected CAGR of 5.0% to reach USD 221.9 million by 2032.The Sulfur Bentonite market thrives on the growing demand for sulfur-rich fertilizers, particularly those with 90% or higher micronutrient content in elemental sulfur formulations. These fertilizers significantly boost yields in oilseeds, cereals, fruits, and vegetables.
China, a major sulfur importer, accounts for about one-third of global trade and a quarter of global consumption, importing 10 to 12 million tons annually to supplement domestic production. In the U.S., the leading sulfur producer globally, April 2024 saw production of 640,000 metric tons of recovered elemental sulfur, consistent with 2023 levels. Total production from January to April 2024 declined 8% from 2023, with April shipments stable at 647,000 t.
Sulfur bentonite applications focus on maintaining soil nutrient balance and optimizing crop nutrient availability, tailored to soil type, crop diversity, and specific nutrient needs. Factors contributing to declining soil sulfur levels include microbial changes, soil erosion, inadequate drainage, and pollution, prompting widespread use of sulfur-rich fertilizers to restore and enhance crop yields.
Buy a Single-User PDF of Sulfur Bentonite Market Analysis & Outlook Report 2024-2032 @ https://www.snsinsider.com/checkout/3728 3. Research Methodology7. Sulfur Bentonite Market Segmentation, By Type11. Competitive LandscapeAccess Complete Report Details of Sulfur Bentonite Market Report 2024-2032@ https://www.snsinsider.com/reports/sulfur-bentonite-market-3728 SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally.