Press release
Controlled Release Fertilizers Market 2018 Global Players are Yara International, Greenfeed Agro, Agrium, Inc., Israel Chemicals, Haifa Chemicals, Scotts Miracle-Gro, ICL Specialty Fertilizers, Kingenta, Compo GmbH and BASF SE
Controlled Release Fertilizers Market
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Low crop production and fluctuating seasonal cycles have shifted the focus of landowners toward eco-friendly farming, which will positively affect controlled release fertilizers market revenue. Global food requirement is expected to depict a rise of 35% by 2030 and over 75% of the requirement will be satisfied solely by improving the fertility of land. This, in turn, will raise the demand for the resilient fertilizers to enhance the land productivity and increase the production of crops. Cultivable land per individual is estimated at less than 0.2 hectares and the land potency should be 50% to satisfy the global food requirements.
Controlled Release Fertilizers Market By Product
• Polymer sulfur coated urea/sulfur coated urea
• Polymer coated urea
• Polymer coated NPK
Controlled Release Fertilizers Market By Application
• Cereals & grains
• Oilseeds & pulses
• Fruits & vegetables
Based on the product trends, controlled release fertilizers industry is classified into polymer coated urea, polymer sulfur coated urea, polymer coated NPK, and sulfur coated urea. Polymer sulfur coated urea, which collected a revenue of USD 1 billion in 2015, will surpass USD 1.75 billion by 2024. It is set to grow at a rate of 6% over the period of 2016-2024 and will make substantial contributions towards global controlled release fertilizers market size.
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Partial Chapter of the Table of Content
Chapter 3 Controlled Release Fertilizers Industry Insights
3.1 Controlled release fertilizers Industry Segmentation
3.2 Industry Size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distributor matrix
3.4 Controlled release fertilizers industry Impact forces
3.4.1 Growth drivers
3.4.1.1 Increasing demand for better yield crops
3.4.1.2 Shift toward sustainable agriculture
3.4.2 Industry pitfalls and challenges
3.4.2.1 Lack of awareness and high cost compared to conventional chemical fertilizers
3.5 Growth potential analysis
3.6 Porter’s analysis
3.7 Company market share analysis, 2015
3.7.1 Strategic landscape
3.8 PESTEL analysis
3.9 Regional price trends
3.9.1 Cost structure analysis
3.9.2 Raw material trends
3.10 Regulatory trends
3.10.1 U.S.
3.10.2 Europe
3.10.3 China
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Company Profiles based on Business Overview, Financial Data, Product Landscape, Strategic Outlook
ATS Group
AgroBridge
HIF Tech Sdn Bhd
Greenfeed Agro Sdn Bhd
Haifa Chemicals Ltd.
Hanfeng Evergreen Inc.
Nufarm Ltd.
HIF Tech Sdn Bhd
Eurochem Agro Gmbh
Compo GmbH & Co. KG
Kingenta Ecological Engineering Group Co., Ltd.
Central Glass Co., Ltd.
Controlled release fertilizers market is expected to enhance the yield of the crops such as oilseeds & pulses, cereals & grains, and fruits & vegetables. Cereals & grains, which produced a revenue of over USD 900 million for controlled release fertilizers industry in 2015, is predicted to grow at a CAGR of 6% over the coming timeframe. Substantial use of cereals & grains in food items is projected to upswing controlled release fertilizers market size.
Market players will try to increase their ROI by implementing key business growth strategies such as strategic collaborations, joint ventures, and product innovations. Many firms have developed new software applications to monitor the crop output and thus expand their business.
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