Global Controlled Release Fertilizers Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Type (Chemical Condensation Products, Coated And Encapsulated Fertilizers, Nitrogen Stabilizers And Other Controlled Release Fertilizers), Application (Crop Based (Grains & Cereals, Oil Seeds And Fruits And Vegetables), Non Crop Based (Turf & Ornamental Grass And Others), And Region (North America, Europe, APAC, Latin America, Middle East And Africa) – Industry Analysis From 2024 To 2029

Updated On: January, 2024
ID: 904
Pages: 175

Global Controlled Release Fertilizers Market Size (2024 to 2029)

The global controlled-release fertilizers market is expected to be valued at USD 4.20 billion by 2029 from USD 3.7 billion in 2024, growing at a CAGR of 5.8% from 2024 to 2029. These controlled and released fertilizers are recognized to improve agricultural produce, which is a demanding need of the hour due to fast urbanization and a drop in the number of farming jobs as the younger population pursues other professions. Controlled-release fertilizers are part of enriched productivity fertilizers. These are grainy fertilizers that discharge nutrients steadily into the soil. Controlled-release fertilizers are generally coated or encapsulated with inorganic or organic constituents that control the level, pattern, and interval of plant nutrient release.

The difficulty of population outbursts has led to the reduction of arable land, which has generated a situation of increasing demand for higher food consumption and lower production. Reuniting these concerns has dramatically increased demand for controlled-release fertilizers in the past few years. The increasing concerns about food security have persuaded several governments across the globe to approve these fertilizers to raise their productivity and decrease their dependence on food imports. Consequently, despite the advantages of controlled-release fertilizers, the market faces increasing prices, discouraging many farmers from investing in these products.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

5.8%

Segments Covered

By Type, Application, And Region

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

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, Compo GmbH Co, Sociedad Quimica Y Minera S.A., and Haifa Chemicals Limited

  

This research report on the global controlled release fertilizers has been segmented and sub-segmented based on type, application, and region. 

Global Controlled Release Fertilizers Market - By Type:

  • Chemical Condensation Products
  • Coated and Encapsulated Fertilizers
  • Nitrogen Stabilizers
  • Other Controlled Release Fertilizers

Global Controlled Release Fertilizers Market - By Application:

  • Crop Based Fertilizers
  • Grains & Cereals
  • Oil Seeds
  • Fruits & Vegetables
  • Non-Crop
  • Turf & Ornamental Grass and Other Non-Crop Based Fertilizers

Global Controlled Release Fertilizer Market - By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

North America is the dominating region for the controlled-release fertilizer market. The Asia Pacific is projected to be the most substantial regional segment in the coming years. This regional demand will be led by China as the demand to nourish the bursting population base remains to ask for greater crop yields in the coming years.

KEY MARKET 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, Compo GmbH Co, Sociedad Quimica Y Minera S.A., and Haifa Chemicals Limited are some of the notable companies in the global controlled release fertilizers market.

 

 

 

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Frequently Asked Questions

1. What are the main benefits of using controlled release fertilizers?

Controlled Release Fertilizers offer several benefits, including improved nutrient efficiency, reduced environmental impact, enhanced crop yields and quality, and decrease labor and application costs due to fewer fertilizer applications.

2. What factors are driving the growth of the controlled release fertilizers market?

The growing demand for high-efficiency fertilizers, increasing adoption of precision farming techniques, rising environmental concerns related to nutrient runoff and pollution, and government regulations promoting sustainable agriculture are key factors driving the Controlled Release Fertilizers market growth.

3. Are there any limitations or challenges associated with using controlled release fertilizers?

While Controlled Release Fertilizers offer many benefits but may have higher initial costs than conventional fertilizers, and environmental factors and management practices can influence their effectiveness. Additionally, proper application and timing are crucial to maximizing their benefits.

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