SULFUR COATED UREA MARKET ANALYSIS
The global Global Sulfur Coated Urea Market is projected to reach around US$ 1,453 Million by the end of 2032, in terms of revenue, growing at a CAGR of 3.32% during the forecast period (2023-2030).
Market Trends
An increasing number of distribution agreements
An increasing number of distribution agreements among major players for expanding their presence in the market and to meet the growing need for controlled released fertilizers is expected to accelerate the market growth. For instance, in June 2019, Pursell Agri-Tech and Plant Products have entered into a supply and distribution agreement for the Eastern Canadian market. This objective of this agreement is to enhance its offering of high quality, controlled-release products for turf and nursery growers.
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