Press release
Global Controlled-release Fertilizer Market to Witness a Pronounce Growth During 2023
Controlled-release fertilizer (CRF) is a granulated fertilizer that releases nutrients gradually into the soil (i.e., with a controlled release period). The slowness of the release is determined by the low solubility of the chemical compounds in the soil moisture. Since conventional fertilizers are soluble in water, the nutrients can disperse quickly as the fertilizer dissolves. Because controlled-release fertilizers are not water-soluble, their nutrients disperse into the soil more slowly. The fertilizer granules may have an insoluble substrate or a semi-permeable jacket that prevents dissolution while allowing nutrients to flow outward.
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Global Controlled-release Fertilizer Market: Forecast by Type / Application / Region
The Controlled-release Fertilizer industry concentration is high; there are a few manufacturers in the world, and high-end products mainly from Americas and Europe. In the world wide, giant manufactures mainly distribute in Americas and China such as UPL, Agrium, Kingenta Ecological Engineering Group and Haifa Chemicals.
Duo to the limited downstream consumption of the Controlled-release Fertilizer, it has small production share in fertilizer field, there are a few companies has several plants. Recent years, there are some companies start to research and development the product. The industry will form a much high concentration of global market competition in future. At present, the top five companies account for more than 70% of global market share in Controlled-release Fertilizer field.
The technological level of Controlled-release Fertilizer in China has a big gap compared with the international advanced level. Outstanding performance in product application performance is not outstanding, function is not strong, supporting enough, clean low level, product updates slow, long development cycle. There is little Controlled-release Fertilizer performance in China at or near the international advanced level.
Over the next five years, LPI(LP Information) projects that Controlled-release Fertilizer will register a 3.0% CAGR in terms of revenue, reach US$ 1530 million by 2023, from US$ 1280 million in 2017.
Global Controlled-release Fertilizer Market: Key Players
Agrium
Israel Chemicals Limited
Haifa Chemicals
Yara International ASA
COMPO
Chisso-asahi Fertilizer
Aglukon Spezialduenger
OCI Agro
Ekompany Agro B.V.
Central Glass
Kingenta Ecological Engineering Group
Hanfeng Evergreen
Shikefeng Chemical
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Related Information:
United States Controlled-release Fertilizer Market Research Report 2018
Europe Controlled-release Fertilizer Market Research Report 2018
North America Controlled-release Fertilizer Market Research Report 2018
Asia-Pacific Controlled-release Fertilizer Market Research Report 2018
China Controlled-release Fertilizer Market Research Report 2018
EMEA Controlled-release Fertilizer Market Research Report 2018
Global Controlled-release Fertilizer Market Research Report 2018
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