Sulfur Coated Urea Market, By Product Type (Wax Sulfur Coated Urea, Polymer Sulfur Coated Urea), By Application (Agriculture, Golf Courses, Professional Lawn Care & Turf, Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jul 2023

Code : CMI3916

Pages :120

Formats :

Excel and PDF

Industry : Specialty and Fine Chemicals

Market Challenges And Opportunities

Global Sulfur Coated Urea Market: Restraints

Growing environmental concern

Growing environmental concern regarding the production of urea as it leads to air pollution is expected to restrict the market growth of the sulfur coated urea. The urea pollution can lead to the production of toxins called domoic acid by ocean plants and algae. The high cost associated with this fertilizer has limited its use on large scale agricultural production such as the production of commodity crops. This is projected to hinder the market growth of the sulfur coated urea over the forecast period

Market Opportunity

Growing demand for controlled release fertilizers

Growing demand for controlled release fertilizers from gardening, ornamental plants, and other crops, and fruits is expected to foster the market growth of the sulfur coated urea. An increase in gardeners and cultivators is driving market expansion. Additionally, growing populations of health-conscious customers are driving up global demand for fruits and vegetables, which is anticipated to support the market expansion of sulfur-coated urea over the next several years.