Controlled-Release Fertilizers Key Market Players by Type, Revenue, and Forecast 2027
Controlled-release Fertilizers Market Research Insights
The Global Controlled-release Fertilizers Market is
estimated to be worth USD 3.09 Billion by 2027, registering a 6.53% CAGR during
the forecast period (2020- 2027).
Controlled and slow-release fertilizers are fertilizers that
release nutrients over a long period as compared to conventional fertilizers.
These types of fertilizers are manufactured either by the condensation reaction
or by encapsulation or coating of the fertilizers granule with polymers,
sulfur, and other kinds of coatings. The span of the controlled and
slow-release fertilizers is dependent on their water solubility, the
permeability of the coating, and the temperature of the soil where it's used.
The slow and controlled release of nutrients helps plants cultivate
efficiently, thereby resulting in evolved yields.
Boost the adoption of the modern agriculture method practice
and the rearing awareness to save the environment and to protect the soil from
being polluted by applying tones of fertilizers this Controlled- Release Fertilizers
request Size has augmented the demand and safeguarded the crop yield this kind
of fertilizers are applied.
Controlled and slow-release fertilizers are normally used as
specialty fertilizers in applications, similar to agricultural applications,
lawn & turf, fruits and vegetables, nurseries, and gardens, among others.
Therefore, the agriculture industry will clench a dominant share in the demand
for controlled and slow-release fertilizers. Boosting penetration of controlled
and slow-release fertilizers in the developing markets is expected to provide
impetus to the growth of the controlled and slow-release fertilizers market
during the forecast period.
Key players
The global Controlled-release
Fertilizers key Market players prominent key players are BASF SE (Germany),
Yara International (Norway), Haifa Chemicals Ltd. (Israel), Koch Industries
(US), Scottsmiracle-Gro (US), Compo Expert GmbH (Germany), Agrium (Canada),
Jcam Agri. (Japan), Helena Chemical (US), ICL (Israel), Kingenta (China) and
SQM (Chile).
Market Segmentation
The global Controlled-release Fertilizers Market is
segmented into the following types;
By crop type
Cereals & grains
• Corn
• Wheat
• Rice
Oilseeds & pulses
• Soybean
• Canola
Fruits & vegetables
• Root &
tuber crops
• Brassicas
• Citrus
fruits
Plantation crops
Turf & ornamentals
Other
By application type
• Foliar
application
• Fustigation
• Other
By product type
Slow-release
• Urea-formaldehyde
• Urea-isobutyl
aldehyde
• Urea-acetaldehyde
• Other
Coated & encapsulated
• Sulphur
coatings
• Polymer
coatings
• Sulphur-polymer
coatings
• Other
Nitrogen stabilizers (N-Stabilizers)
• Nitrification
inhibitors
• Urease
inhibitors
Regional Analysis
The Global Controlled-release Fertilizers Market is divided
into five regions; North America, Asia Pacific, Europe, Latin America and the
Middle East & Africa.
North America led the global controlled-release
fertilizers market over the past few years and is anticipated to witness
stagnant growth over the forecast period owing to the mature agricultural
sector. The U.S. was the commanding consumer market for controlled-release
fertilizers in the region followed by Canada.
Asia Pacific is expected to be the fastest
controlled-release fertilizers regional market over the forecast period owing
to the high level of technological upgrades in the agricultural sector,
especially in economies similar to Japan, India, and China. Also, the decline
in per hectare agricultural land availability in nations such as India as a
result of escalating commercial spaces is expected to positively impact
controlled-release fertilizers demand over the next few years.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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