Controlled Release Fertilizer Market Expansion Study By 2025 With Agrium, BASF, Yara International, Nutrien, SQM, ICL Group, COMPO EXPERT Spain SL, CF Industries, Haifa Group, Koch Industries, Maire Tecnimont, eorgia-Pacific LLC, Mitsubishi Chemical Holdi
Report is segmental into manufactures, types, applications and regions. Controlled release fertilizer market report conjointly shares details of upstream raw materials, downstream demand, and production worth with some vital issue which will result in market growth. Completely different points lined during this report area unit market summary, competitive analysis, competition by makers, new players, suppliers and vendors, regional output, kind and application, volume and shares, sales worth and merchandise worth, sales revenue and profit margin. A number of the outstanding trends that the market is witnessing embrace improved profitableness as a results of aim, introduction of maintenance-as-a-service model in industries, increasing demand in trade and growth opportunities and investment opportunities.
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Report Forecasting Regional and Global Analysis on Controlled Release Fertilizer Market segmented By Type (Slow-Release, Coated & Encapsulated, N-Stabilizers ) By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Plantation Crops, Turf & Ornamentals, Other Crop Type ),By Application(Foliar, Fertigation, Others) and By Geography.
Controlled-release fertilisers (CRF) are termed as granulated fertiliser. They release nutrients gradually into the soil. The slow release is determined by the low solubility of the chemical compounds in the soil moisture. Controlled release fertilizers have several advantages over the conventional fertilizers for example they reduce toxicity in seedlings and contribute to enhanced agronomic safety. The controlled release fertilizer market is escalating rapidly owing to increasing global population along with the need for sustainable agriculture in the upcoming years. Some of the major players operating in the global market are
· Koch Industries
· Helen Maire Tecnimont SpA
· Haifa Chemicals
· Jcam Agri
· Compo Expert
· Jinfeng Agricultural Services Co. Ltd,
· Agrium Inc.
· CF Industries Holdings
· Yara International
· K+S Ag
· Scotts Miracle-Gro Company (US)
· Ocp Group
· Potash Corporation Of Saskatchewan
· The Mosaic Company
· Compo Gmbh & Co. Kg (Germany)
Others: Israel Chemicals Ltd, Bunge (Bg), Sociedad Quimica Y Minera De Chile Sa, Haifa Group, Ats Group, ICL Specialty Fertilizers, The Chisso Corporation, Compo Gmbh & Co. Kg, Shikefeng Chemical Industry, and Greenfeed Agro SDN and many more. The global controlled release fertilizer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of controlled release fertilizer market for global, Europe, North America, Asia Pacific and South America.
Shortage of food crops and the adverse climatic condition is shifting the focus of agriculturists toward sustainable agriculture and creating opportunities for the growth of the controlled release fertilizers market. Various strategic partnerships between companies are taking place between key players for example Compo GmbH and BASF SE. Furthermore, companies have also developed software and applications to enhance crop quality and maintain their hold on the market for example Haifa Chemicals, has introduced Haifa NutriNet, FloraMatch, FoliMatch, and several other software to provide expert advice to farmers worldwide as well as to expand their customer base.
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The global controlled release fertilizer market is segmented based on, Type, Crop Type, Application And Geographical Segments.
Based on type, the global controlled release fertilizer market is segmented into
· Coated & encapsulated
· The slow release segment is further sub segmented into urea-formaldehyde, urea-isobutyraldehyde, urea-acetaldehyde, and other slow-release fertilizers.
· The coated & encapsulated segment is further sub segmented into sulphur coatings, polymer coatings, sulphur-polymer coatings, other coated fertilizers.
· The n-stabilizers segment is further sub segmented into nitrification inhibitors and urease inhibitors.
On the basis of crop type, the global controlled release fertilizer market is classified into
· Cereals & Grains
· Oilseeds & Pulses
· Fruits & Vegetables
· Plantation Crops
· Turf & Ornamentals
· Other Crop Type
· The cereals and grains segment is sub segmented into Corn, Wheat, Rice and Other Cereals & Grains.
· The Oilseeds & Pulses segment is further sub segmented into Soybean, Canola and Other Oilseeds & Pulses.
· The Fruits & Vegetables segment is further sub segmented into roots & tubers, brassicas, citrus fruits, and other fruits & vegetables.
· On the basis of application, the global controlled release fertilizer market is classified into
· Based on geography, the global controlled release fertilizer market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Major Market Drivers and Restraints:
· Rising production of fertilizer and urea products across the globe
· Increasing application rates of fertilizers in developing countries
· Favourable government policies and regulations growing market demand for high-value crops
· Cost ineffectiveness
· Improper management of controlled-release fertilizers
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