Controlled-Release Fertilizers - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Controlled-Release Fertilizers Market is accounted for $1.66 billion in 2018 and is expected to reach $3.37 billion by 2027 growing at a CAGR of 8.2% during the forecast period. Rising demand for high-efficiency fertilizers and favourable government regulations and policies are the major factors driving the market growth. However, lack of awareness among farmers and high production cost are restraining market growth.
Controlled release fertilizers (CRF) can be defined as granulated fertilizer that releases nutrients in a way that is controlled in order to meet the nutrient demand uptake of a crop. These fertilizers have the potential to increase crop quality and yield, improve fertilizer usage efficiency as well as minimize potential losses to the environment.
Based on the type, the coated & encapsulated segment is likely to have a huge demand due to the increasing demand of polymer-coated fertilizers for farmers and the arrival of latest and improved of these fertilizers in the market by key suppliers. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the increasing awareness about environmental benefits associated with these fertilizers and also the fastest-growing market among agricultural applications in the region.
Some of the key players profiled in the Controlled-Release Fertilizers Market include Yara, SQM, Scottsmiracle-Gro, Koch Industries, Kingenta, Jcam Agri., ICL, Helena Chemical, Haifa Chemicals, Compo Expert, Agrium, and Aglukon.
• Coated & Encapsulated
• Coated Micronutrients
• Polymer Coated NPK Fertilizer
Crop Types Covered:
• Non-Crop-based Fertilizers
• Crop-based Fertilizers
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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