[FURL=https://www.industryarc.com/Report/16053/lime-sulphur-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Lime Sulphur Market[/FURL] size is forecast to reach US$21.5 million by 2027, after growing at a CAGR of 5% during 2022-2027 owing to its rising demand from various end-use industries such as agriculture, horticulture, and veterinary. Lime sulphur is a mixture of calcium, polysulfides, and thiosulfate formed by reacting calcium hydroxide with elements, used in pest control. A small amount of surfactants is used in the process of making lime sulphur.Key Takeaways
Asia-Pacific region dominates the lime sulphur market, owing to an increase in the production of foodgrains in the region. For instance, according to Invest India, the production of foodgrains during 2019-20 was the highest ever in India at 296.65 MMT.
It is anticipated that the agriculture sector will drive the growth of the lime sulphur market in the future forecast period. For instance, according to OECD-FOA Agriculture Outlook, it is projected that by 2026 global level production of agriculture will reach 3,04,403.61 tones.
Lime sulphur is used in the veterinary industry for the treatment of diseases such as ringworms and other skin-related infections of cats, dogs, and livestock owing to this there has been growth in the demand for lime sulphur.
Moreover, with the growth of the horticulture industry, there has been an increase in the demand for lime sulphur as it is used in the horticulture dormant sprays to control the fungal disease spores which harm the gardens.
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Lime Sulphur Market Segment Analysis – By Geography
The Asia-Pacific region held the largest share in the lime sulphur market in 2021 up to 38%, owing to its increasing usage as a fungicide for crop protection in the production of agriculture and horticulture crops. There has been growth in the production of horticulture crops. For instance, according to Invest India, in the year 2019-2020, India's total horticulture production was 319 MMT, the highest ever production for India. Also, there was an increase in the export of horticulture crops. Moreover, as per International Trade Centre (ITC), in 2019 the export of Thailand’s vegetable, fruits, nuts and other was US$2.08 billion and it was US$2.12 billion in 2020
Lime Sulphur Market Drivers
Rapid Development in the Veterinary Industry
Implementation of Government Regulations
Lime Sulphur Market Landscape
The major players of the lime sulphur market include North Country Organics, TessenderlKerly, Miller Chemicals and Fertilizer, Graus Chemicals, OR-CAL Inc, Specialty Crop Solutions, Anhui Sinotech Chemical, Mitsubishi Chemical Company, Biofa AG, Classic Chemicals
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