Sulphur Pastilles Market worth $1327 million by 2028 - Exclusive Report by MarketsandMarkets

CHICAGO, April 17, 2024 /PRNewswire/ -- The report Sulphur Pastilles Market by Type (Sulphur 90%, Sulphur 85%), Process (Prilling/Pelletizing, Extrusion), Application (Agriculture, Chemical Processing, Rubber Processing, Pharmaceuticals), and Region - Global Forecast to 2028, Sulphur Pastilles Market size was USD 977 million in 2023 and is projected to reach USD 1327 million by 2028 at a CAGR of 6.3% between 2023 and 2028.

The shift towards sustainable agriculture, where sulphur pastilles serve as essential soil amendments to improve soil health and crop productivity. Additionally, the market is fueled by the increasing demand for sulphuric acid production, as sulphur pastilles are a crucial feedstock. However, challenges such as limited solubility may hinder their effectiveness in specific applications. Nonetheless, favorable regulatory changes promoting sustainable agricultural practices and environmental protection present significant opportunities for market growth. These changes may include incentives for using sulphur-based fertilizers and stricter regulations on chemical usage, further driving demand for sulphur pastilles in various industries. Overall, the sulphur pastilles market is shaped by a complex interplay of drivers, challenges, and opportunities, with sustainability and regulatory factors playing a significant role in its evolution.

Browse in-depth TOC on "Sulphur Pastilles Market".

145 – Tables        
40 – Figures
167 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=188630778

"By type, the sulphur 90% segment is expected to grow faster during the forecast period in terms of volume."

Between 2023 and 2028, there is anticipated to be a swifter growth trajectory in the sulphur 90% sector volume. Sulphur 90% pastilles contain a higher concentration of sulphur than other formulations, such as sulphur 80% pastilles. This higher nutrient concentration provides more sulphur per product unit, making it a preferred choice for farmers and agricultural producers aiming to maximize sulphur application efficiency. With the growing recognition of sulphur deficiency in soils and its impact on crop yields, there is a rising demand for sulphur-based fertilizers and soil amendments. Sulphur 90% pastilles, a concentrated source of sulphur, meet this increasing nutrient demand more effectively than lower concentration alternatives. Despite potentially being priced higher per unit compared to lower concentration alternatives, sulphur 90% pastilles offer better value in terms of sulphur content per unit cost. This cost-effectiveness appeals to farmers and agricultural producers looking to optimize their fertilizer budgets while ensuring adequate sulphur nutrition for their crops.