Press release
Controlled-Release Fertilizer Market Size, Share Industry Trend Report 2022|Nutrien, Israel Chemicals Limited
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.
Highlights
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Controlled-Release Fertilizer market is projected to reach US$ 1806.3 million by 2028 from an estimated US$ 1503.9 million in 2022, at a CAGR of 3.1% during 2023 and 2028.
Global Controlled-Release Fertilizer key players include Agrium, Kingenta Ecological Engineering Group, Israel Chemicals Limited (ICL), Hanfeng Evergreen, Haifa Chemicals, etc. Global top five manufacturers hold a share over 70%.
Americas is the largest market, with a share over 35%, followed by EU and China, both have a share over 50%
In terms of product, Organic Polymer Coated is the largest segment, with a share over 80%. And in terms of application, the largest application is Gardening, followed by Agriculture, etc.
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Complete study of the global Controlled-Release Fertilizer market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Controlled-Release Fertilizer industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They have also provided accurate data on Controlled-Release Fertilizer production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the overall existing and future market situation.
Segmental Analysis
The report has classified the global Controlled-Release Fertilizer industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the Controlled-Release Fertilizer manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall Controlled-Release Fertilizer industry.
Global Controlled-Release Fertilizer Market Segment By Type:
Organic Polymer Coated
Inorganic Sulfur
Combined Inorganic and Organic
Global Controlled-Release Fertilizer Market Segment By Application:
Gardening
Agriculture
Others
Competitive Landscape
It is important for every market participant to be familiar with the competitive scenario in the global Controlled-Release Fertilizer industry. In order to fulfill the requirements, the industry analysts have evaluated the strategic activities of the competitors to help the key players strengthen their foothold in the market and increase their competitiveness.
Key companies operating in the global Controlled-Release Fertilizer market include: Nutrien, 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
Key questions answered in the report:
What is the growth potential of the Controlled-Release Fertilizer market?
Which product segment will grab a lion's share?
Which regional market will emerge as a frontrunner in the coming years?
Which application segment will grow at a robust rate?
What are the growth opportunities that may emerge in the Controlled-Release Fertilizer industry in the years to come?
What are the key challenges that the global Controlled-Release Fertilizer market may face in the future?
Which are the leading companies in the global Controlled-Release Fertilizer market?
Which are the key trends positively impacting the market growth?
Which are the growth strategies considered by the players to sustain their hold in the global Controlled-Release Fertilizer market?
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