Controlled Release Fertilizer Market opportunities, business, demand and growth, forecast 2029
3.473.47Controlled-release fertilisers are fertilisers that progressively release nutrients into the soil (i.e., controlled release fertilisers). Controlled-release fertilisers, delayed-release fertilisers, metered-release fertilisers, and slow-acting fertilisers are all names for fertilisers that release controlled amounts of fertiliser. Methylene diurea (MDU) is the primary constituent of controlled-release fertilisers. Though market forecasting through 2029 is based on 2022 real output, demand, and supply, 2022 statistics are also predicted based on real numbers published by key and all-important firms worldwide. Forecasting the market till 2029 is based on historical data from 2017 to 2021, with the influence of global lockdown on the controlled release fertiliser industry in 2020 and 2022 taken into account.
Controlled Release Fertilizer Market Report Scope and Research Methodology:
The Market report provides historical data as well as revenue growth estimates at the regional, and national levels, as well as a full analysis of Controlled Release Fertilizer market trends in each of the key segments and their sub-segments from 2022 to 2029.The Stellar Market Research team's major research approach is data triangulation, which includes an investigation of the impact of data variables on the Controlled Release Fertilizer market, data mining, and primary (industry expert) validation.The research report covers the market's past and present state, as well as predicted trends and size. The report provides an easy-to-understand examination of the Controlled Release Fertilizer market's intricate statistics. report. SWOT analysis was utilised to identify the strengths, weaknesses, opportunities, and threats for major players in the Controlled Release Fertilizer industry, and a bottom-up technique was employed to estimate market size.
Controlled Release Fertilizer Market Report Overview:
The forecast was created mostly by analysing past data and current industry trends in the Controlled Release Fertilizer Market. It includes market size, share, regional analysis, dynamics, CAGR, ad future trends, making the study a guide for investors as it provides a futuristic view of the Controlled Release Fertilizer Industry.
Controlled Release Fertilizer Market size was valued at US$ 2.48 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 6.5% through 2023 to 2029, reaching nearly US$ 3.47 Bn.
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Controlled Release Fertilizer Market Dynamics:
Soil type, soil fertility levels within soil types, available nutrient ratios, crop type, and weather circumstances all influence fertiliser application to crops. The COVID-19 pandemic's impact on the controlled release fertiliser market is the result of human behaviour, such as farmers' failure to apply fertiliser on time. Following the COVID-19 pandemic, there is an urgent need for novel growth strategies to boost agricultural input use efficiency, particularly fertiliser, through the implementation of innovations such as sensor and satellite technology. The impact of mineral fertiliser omissions on soil and production function is an important agricultural topic to address during the COVID-19 pandemic. Nitrogen (N) and phosphorus (P), two essential plant nutrients, must be properly investigated.
Controlled Release Fertilizer Market Segmentation:
The market is divided into three types: slow release, nitrogen stabilisers, and coated and encapsulated. Globally, these fertilisers have become more popular as a result of increased awareness of the benefits of coated fertilisers and more government support in the form of subsidies and policy reforms. Government rules and regulations like these help to drive market growth on a worldwide basis. These are the variables projected to fuel the growth of the Coated and Encapsulated segment in the Controlled Release Fertiliser market between 2023 and 2029.
The controlled release fertiliser market is divided into two categories: agricultural and non-agricultural. Increased purchasing power and rising environmental concerns have resulted in increased demand for CRFs in non-agricultural sectors. However, as a result of government rules limiting controlled-release fertilisers, their usage on agricultural crops has expanded considerably in developing countries. An increase in the usage of controlled-release fertilisers for turf and ornamental grass is driving the sector. For more than a decade, CRF has been used for turf and ornamental grass in the United States; however, demand in poorer countries has recently surged. As a result, the ease with which controlled-release fertilisers may be administered to attractive crops is one of the primary drivers driving its market.
Controlled Release Fertilizer Market Key Players:
AgroBridge (m) Sdn. Bhd.
ATS (Growth Products)
Compo GmbH & Co. KG
Ekompany International B.V
Eurochem Agro Gmbh
Greenfeed Agro Sdn Bhd
Haifa Group
Hanfeng Evergreen Inc.
Harrell's LLC
HIF Tech Sdn Bhd
Israel Chemicals Ltd
JNC Corporation (Chisso)
Kingenta International
Nufarm Ltd.
Nutrien
The Scotts Miracle-Gro Company
Smart Fert Sdn Bhd
Sociedad Quimica Y Minera De Chile SA
Yara International ASA
The Mosaic Company
Key Questions answered in the Controlled Release Fertilizer Market Report are:
What are the Controlled Release Fertilizer market segments?
Which region of the Controlled Release Fertilizer market is expected to grow at a high rate during the forecast period?
What is the expected CAGR of the Controlled Release Fertilizer market during the forecast period?
What are the emerging trends in the Controlled Release Fertilizer market?
What are the factors restraining the Controlled Release Fertilizer market growth?
Key offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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