The Asia-Pacific Controlled Release Fertilizers Market was worth USD 701.75 million in 2021 and estimated to be growing at a CAGR of 6.56%, to reach USD 901.86 million by 2026. Asia pacific is anticipated to witness highest CAGR in controlled release fertilizers’ market with Japan, China and India leading the way.
The benefits of using controlled fertilizers are saving of resources, decrease in labor cost and environmental friendly nature as equated to conventional fertilizers. They are also very efficient and have the ease of application.
Drivers and Restraints of Asia-Pacific Controlled Release Fertilizers Market:
The key reasons prompting the growth of controlled release fertilizers market are rise in population and growing demand for food. The surge in application of controlled release fertilizers in crop production owing to its environmental friendly properties is also assisting to increase the market growth. The key restraint of this market is high cost of controlled fertilizers in comparison to conventional fertilizers.
Asia-Pacific Controlled Release Fertilizers Market – By Type:
Chemical Condensation Products
Asia-Pacific Controlled Release Fertilizers Market – By Application:
Crop based controlled release fertilizers segment is expected to increase at highest rate due to increase in demand for crops because of increase in population.
Geographical Analysis:
Geographically the Asia-Pacific market is segmented into China, India, Japan, South Korea and Australia. China is dominating the Asia-Pacific region market while Japan is expected to grow at highest CAGR in the forecast period.
Key Players:
The market for controlled release fertilizers is described with strong competition with the large number of big and small players. The Chisso Corporation, Shandong Shikefeng Chemical Industry Co. Ltd., Kingenta Ecological Engineering Group Co. Ltd., Scotts Miracle-Gro Company, Agrium, Yara International, Israel Chemicals Ltd. (Israel), Compo GmbH Co., Sociedad Quimica Y Minera S.A. and Haifa Chemicals Limited are some of the big players in controlled release fertilizer industry.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Chemical Condensation Products
5.1.2 Coated and Encapsulated Fertilizers
5.1.3 Nitrogen Stabilizers
5.1.4 Other Controlled Release Fertilizers
5.2 By Application
5.2.1 Crop based
5.2.1.1 Grains & Cereals
5.2.1.2 Oil seeds
5.2.1.3 Fruits & Vegetables
5.2.2 Non-Crop Based
5.2.2.1 Turf & Ornamental Grass
5.2.2.2 Other Non-Crop based fertilizers
6. Geographical Analysis
6.1 Introduction
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Scotts Miracle-Gro Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Agrium
8.3 Yara International
8.4 Compo GmbH Co.
8.5 Israel Chemicals Ltd.
8.6 Chisso Corporation
8.7 Shandong Shikefeng Chemical Industry Co. Ltd.
8.8 Kingenta Ecological Engineering Group Co. Ltd.
8.9 Sociedad Quimica Y Minera S.A.
8.10 Haifa Chemicals Limited
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Talk to our analyst and get customised report done according to your research needs
Check if you can avail any discount. Submit your details and our team will get back to you.
Request to avail a free sample report that reflects this market and its growth.