Press release
Controlled Release Fertilizer Market valuation to boom through USD 2.3 billion 2027| Nutrien, LTD., Yara International ASA, ICL Group Ltd., K+S AG, Sociedad Química y Minera de Chile
The Controlled Release Fertilizer nutrients are released into the soil by means of diffusion. In general, longevities of controlled-release fertilizers are longer than slow-release fertilizers. This determines the speed with which nutrients are released. Products can be 100% coated, although less is also possible. Methylene urea (MDU) is composed of the most popular controlled-release fertilizers.The global controlled-release fertilizer market size was valued at USD 2.3 Billion in 2021 and is projected to reach USD 3.86 Billion by 2027, exhibiting a CAGR of +6% during the forecast period 2021 to 2027.
Controlled release fertilizer is applied either as a top-dress or pre-incorporated into the growing medium prior to planting. If it is top-dressed, the controlled release fertilizer is placed on top of the growing medium surface after planting. Nitrification inhibitors are chemical compounds that slow the nitrification of ammonia, ammonium-containing, or urea-containing fertilizers, which are applied to soil as fertilizers. These inhibitors can help reduce losses of nitrogen in the soil that would otherwise be used by crops. What has controlled fertilization? A controlled-release fertilizer is a granulated fertilizer that releases nutrients gradually into the soil within a given period, measured in months, in a controlled way.
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Key players in the market include
Nutrien, LTD., Yara International ASA, ICL Group Ltd., K+S AG, Sociedad Química y Minera de Chile (SQM), The Mosaic Company, EuroChem Group AG, CF Industries Holdings, Inc., Nufarm, and OCI Nitrogen.
The ability of controlled-release fertilizers to deliver the required amount of nutrients to plants regardless of weather conditions is driving demand for controlled-release fertilizers. Lower application costs of controlled release fertilizers compared to water-soluble fertilizers are another factor contributing to its increasing utilization. The incorporation of controlled-release fertilizer reduces labor costs, by eliminating the need to manually mix and monitor water-soluble fertilizers, and also reduces the need for expensive injection equipment.
In February 2020, ICL, which is a leading specialty chemical and specialty minerals company announced the acquisition of Growers Holdings, Inc., which is an innovator in the field of process and data-driven farming. With this acquisition, ICL will further enhance its digital service offering and accelerate its global development road map.
Market Segmentation:
By type-
• Micronutrient Fertilizers
• Slow-Release Fertilizers
• Controlled Release Fertilizers
• Customized Fertilizers
• Water-soluble Fertilizers
• Others
Regional Segmentation of the Market:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
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The report presents a holistic overview of the market in terms of market size, market share, regional analysis, regulatory framework, technological developments, product advancements, factors influencing the market growth, and impact analysis of the drivers and restraints. It offers an analysis of the factors having the potential to affect the dynamics of the demand and supply, along with current and emerging trends. These assessed key elements offer accurate insights into the market for the forecast period of 2021-2027.
Table of Contents:
Chapter 1: Global Wound Controlled Release Fertilizer Market Overview
Chapter 2: Market Data Analysis
Chapter 3: Technical Data Analysis
Chapter 4: Government Policy and News
Chapter 5: Global Wound Controlled Release Fertilizer Market Manufacturing Process
and Cost Structure
Chapter 6: Productions Supply Sales Demand Market Status and Forecast
Chapter 7: Key Manufacturers
Chapter 8: Up and Down Stream Industry Analysis Art Supplies
Chapter 9: Marketing Strategy
Chapter 10: 2021-2027 Wound Controlled Release Fertilizer Market Development Trend
Analysis
Chapter 11: New Project Investment Feasibility Analysis
Rebecca Parker
(Report Consultant)
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sales@reportconsultant.com
www.reportconsultant.com
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Report Consultant is a prime destination for your business aptitude and analytical solutions because we provide qualitative and quantitative sources of information that are proficient to give one-stop solutions. We skillfully syndicate qualitative and quantitative research in exact proportions to have the best report, which not only gives the most recent insights but also assists you to grow.
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