Sarasota, FL -- (SBWIRE) -- 05/21/2018 -- Sulphur Bentonite Market: Overview
Sulphur Bentonite is a micronutrient used for boosting crop yields and soil quality. It is a constituent of amino acids and is also involved in metabolic functions of plants. Sulphur deficiency is a major problem found in regions such as the Asia Pacific and Latin America. Moreover, it helps in chlorophyll synthesis and is also a key element in oilseed production. It consists of 90% Sulphur and 10% Bentonite clay which is used as a binder during the manufacturing process and acts as a dispersing agent after mixing into the soil.
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Sulphur Bentonite Market: Growth Factors
Increasing sulphur deficiency in developing regions such as the Asia Pacific, Latin America is anticipated to boost the demand for sulphur bentonite. Sulphur Bentonite is an essential nutrient in agriculture harvesting and has been considered as an important plant nutrient succeeding Nitrogen, Phosphorous, and Potash (NPK). However, over the past few years, China has witnessed slow growth in this market. Regulation pertaining to the permissible limit of sulphur especially in marine fuel (IMO) among other products is expected to further widen the gap between elemental sulphur production and consumption at the global level. Furthermore, studies show that advancement in the production and government is also promoting the uses of sulphur Bentonite and sulphur based fertilizers.
Sulphur Bentonite Market: Segmentation
Sulphur Bentonite market is segmented on the basis of derivatives, application, product, and end-users. The derivatives segment for the sulphur Bentonite market holds Sodium Bromide, Calcium Bromide, TBBPA, Zinc Bromide, and DBDPE. The application segment is categorized into Flame Retardent, Organic Intermediate, Oil&Gas Drilling. Moreover, Wastewater treatment, food and beverages, power, Desalination, and chemicals are the end users of sulphur Bentonite market. Furthermore, the product segment includes Scale inhibitors, Coagulations, PH adjusters and others.
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Sulphur Bentonite Market: Regional Analysis
North America has been a major producer and consumer of sulphur Bentonite. Sulphur Bentonite has performed very well in North America and has got a significant result in the crop production. Moreover, it has also been used to increase oil content and yield of major seeds plants including soybean in this region. Canada is among the leading producer of canola. Furthermore, the U.S. is expected to generate demand owing to growing production of corn and soybean. In Asia Pacific regions such as India and China are more involved in agricultural practices. The major economy of India is dependent on the agriculture sector and thus this region is anticipated to witness significant demand for sulphur Bentonite. However, the rules and regulations imposed by governments in the region such as the U.S. and many other countries are likely to act as a prominent roadblock in the growth of the sulphur bentonite market in the near future.
Sulphur Bentonite Market: Competitive Players
Some of the major player companies in sulphur Bentonite market are Tiger-Sul Inc., H Sulphur corp.,Coromandel Limited, NEAIS ( National Establishment for Agricultural and Industrial Sulphur), National Limited, Coogee Chemicals Pty Ltd, Deepak Fertilizers and Petrochemicals and among others.
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Sulphur Bentonite Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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