According to the business intelligence report titled ‘Global Sulfur Bentonite Market Size study by Application (Oilseeds, Cereals & Crops, Fruits & Vegetables, Lawns & Turfs) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global sulfur bentonite market was assessed at USD 1 billion in 2020 and is anticipated to be worth USD 1.5 billion by 2027, expanding at 5.6% CAGR between 2021-2027.
 

Surging demand for sulfur-based manures for agricultural purposes coupled with growing demand for oilseeds are the key factors propelling global sulfur bentonite market expansion.
 

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For the unaware, sulfur bentonite is normally used to nourish the soil and restore its lost nutrients and fertility. It is used in the cultivation of cereals, oilseeds, crops, vegetables, fruits, and more. Increasing production & consumption of oilseeds, growing availability of raw materials, and rising government initiatives to enhance soil fertility will aid industry growth as well.
 

On the other hand, lack of fertile soil, and improper waste management system are poised to act as challenges for businesses operating in this domain.
 

As per application scope, worldwide sulfur bentonite industry is split into cereals & crops, oilseeds, fruits & vegetables, and lawns & turfs. Numerical information such as market share captured, sales amassed, revenue garnered, growth rate, and valuation of each segment is given in the research document.
 

From the regional frame of reference, Asia Pacific held majority of global sulfur bentonite market share in the recent past due to rising awareness regarding benefits of sulfur-based manures. Meanwhile, Latin America market is slated to witness significant expansion between 2021-2027 owing to surging demand for crops and oil seeds.
 

Leading players profiled in worldwide sulfur bentonite market report are Coromandel International Limited, Tiger-Sul Products LLC, H Sulphur Corporation, National Fertilizers Limited (NFL), Devco Australia Holdings Pty Ltd., Aries Agro Limited, Coogee Chemicals Pty Ltd., Deepak Fertilisers & Petrochemicals Corporation Ltd, and National Fertilizers Ltd.
 

These companies have been focusing on business-centric strategies such as innovative product launches, mergers & acquisitions, and other collaborations to acquire a competitive lead in this business space.