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Controlled Release Fertilizers Market to generate lucrative revenue up to 2024, growing awareness regarding organic farming to spur the regional growth
Controlled Release Fertilizers Market
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In a bid to respond to the food supply-demand imbalance challenges, an immediate need of increasing the crop yields, is pushing Controlled Release Fertilizers Market globally. An inversely proportional relation of population growth and per capita cultivated land has led the necessity to that level that majority agronomists around the world are shifting toward long lasting fertilizers that enable better productivity.
An estimation of WHO depicts that 50% per hectare agricultural output needs to be increased to feed the growing population. Global food demand is expected to increase by 35% over the coming ten years and 75 % of the demand will be addressed by increased productivity. Additionally, strategic partnership between renowned companies along with incorporation of upgraded software in improving the soil fertility is giving controlled release fertilizers market a profitable growth landscape.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. ATS
2. HIF Tech Sdn Bhd
3. GreenFeed VN
4. Haifa Group
5. Hanfeng Evergreen
6. Nufarm
7. EuroChem
8. COMPO EXPERT GmbH
9. Kingenta Ecological Engineering Group Co., Ltd
10. Central Glass Ltd
The product with its characteristic of efficient controlled release of nutrients will revolutionize the agriculture sector globally. Rising health issues will also promote the use of the product. Asia Pacific is estimated to hold the largest share of the product in the market with a revenue crossing USD 2 billion by 2024. North America controlled release fertilizers market is expected to hold more than one-fifth of the global share of the product in terms of volume by 2024.
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Based on the product trends, controlled release fertilizers market 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.
Major Point From Table Of Content:
Chapter 5 Controlled Release Fertilizers Crop Insights
5.1 Controlled release fertilizers market share by crop, 2015 & 2024
5.2 Cereals & grains
5.2.1 Global Controlled release fertilizers market estimates and forecast, 2013 – 2024
5.2.2 Global Controlled release fertilizers market estimates and forecast, by region, 2013 – 2024
5.3 Oilseeds & pulses
5.3.1 Global Controlled release fertilizers market estimates and forecast, 2013 – 2024
5.3.2 Global Controlled release fertilizers market estimates and forecast, by region, 2013 – 2024
5.4 Fruits & vegetables
5.4.1 Global market estimates and forecast, 2013 – 2024
5.4.2 Global market estimates and forecast, by region, 2013 – 2024
5.5 Others
5.5.1 Global market estimates and forecast, 2013 – 2024
5.5.2 Global market estimates and forecast, by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/controlled-release-fertilizers-market
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