openPR Logo
Press release

Controlled Release Fertilizers Market - Global Industry Analysis and Forecast | 2024

Controlled Release Fertilizers Market - Global Industry

Global Controlled Release Fertilizers Market: Snapshot

Controlled release fertilizers encompass one or more plant nutrients in a coated form that delay their availability for plant uptake and use after application. Controlled release fertilizers offer several advantages over the conventional fertilizers. They reduce toxicity to seedlings and contribute to enhanced agronomic safety. Rapidly escalating global population along with the increased efforts for sustainable agriculture is expected to drive the controlled release fertilizer market over the course of next few years. However, high cost in comparison to traditional fertilizers and the lack of awareness regarding the benefits of controlled release fertilizer are some of the factors that may hamper the market’s growth. Furthermore, the potential application of these fertilizers in the turf grass and law care industry is anticipated to provide new growth opportunities to the market.

Browse Market Research Report: http://www.transparencymarketresearch.com/controlled-release-fertilizers-market.html

In terms of revenue, the global controlled release fertilizer market is estimated to reach a valuation of US$3.92 bn by the end of 2024, increasing from its valuation of US$2.41 bn in 2015 at a CAGR of 5.6% during the forecast period of 2016–2024. By volume, the market is projected for a growth rate of 5.7% during the same forecast period.

Polymer Sulfur Coated Urea Segment Serves Maximum Demand

Based on product, the global controlled release fertilizers market is segmented into polymer coated NPK fertilizer, polymer coated urea, sulfur coated urea or polymer sulfur coated urea, and others fertilizers, for example coated micronutrients. Out of these, the demand for polymer sulfur coated urea or sulfur coated urea stood at 1.4 mn tons in 2015 and is expected to reach 2.5 mn tons by 2024. Sulfur coated urea has proven to be efficient substitute to urea due to its resource saving, environment-friendliness, and reduced labor requirements.

Application-wise, the segment of cereals and grains are most important as they are essential part of traditional diets in emerging economies of Asia Pacific. Increase in population, government encouragements to adopt sustainable agriculture practices to increase the production with efficient use of chemical fertilizers are some of the factors that are expected to further boost the demand for these crops.

Get accurate market forecast and analysis on the Controlled Release Fertilizers market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6041

Asia Pacific Most Lucrative Region

Region-wise, Asia Pacific contributed more than two third of the demand in the global controlled release fertilizer market and is expected to remain most lucrative region throughout the forecast period. In terms of volume, China was the most prominent consumer of controlled release fertilizer in Asia Pacific, followed by Japan and ASEAN, in 2015. Together, these accounted for 92.4% of the total demand from Asia Pacific. Demand for controlled release fertilizer is estimated to rise faster than water soluble fertilizers in Asia Pacific, although the lack of awareness about the benefits of these fertilizers and premium cost is hindering the market from achieving its true potential in this region.

The global controlled release fertilizers market is mildly concentrated in nature with top three players, holding nearly half of the shares in 2015. Some of the key companies in this market are Shikefeng Chemical Industry Co. Ltd., Kingenta Ecological Engineering Group Co., Ltd., ATS Group, AgroBridge, EuroChem Agro Gmbh, Central Glass Co., Ltd., Greenfeed Agro Sdn. Bhd., Hanfeng Evergreen Inc., Nufarm Ltd., HIF TECH SND. BHD., Compo GMBH & Co. KG, Haifa Chemicals Ltd., ICL Specialty Fertilizers, Scotts Miracle-Gro Company, Ekompany Agro B.V., The Chisso Corporation, and Agrium Inc.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Controlled Release Fertilizers Market - Global Industry Analysis and Forecast | 2024 here

News-ID: 687623 • Views: 391

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for Controlled

Controlled Atmosphere Storage Using a DataTaker
DT80 Provides Single Solution & Saves Money A company contacted CAS DataLoggers with a controlled atmosphere storage environment project as part of pilot testing for a new process. To reduce costs, existing equipment was used wherever possible. The hostile atmosphere produced was found to be incompatible with available humidity sensor technologies, requiring these measurements to be derived in real time using measurements from secondary sensors. The price of logging different sensors
Temperature Controlled Packaging Systems Market
This report presents the worldwide Temperature Controlled Packaging Systems market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-temperature-controlled-packaging-systems-2025-971 The Temperature Controlled
Achieving Controlled Nucleation During Aseptic Lyophilization
Controlled nucleation is essential for obtaining high-quality lyophilized products with intra- and inter-batch consistency. Two approaches to achieving controlled nucleation have been investigated recently: creating a pressure differential and using an ice fog to insert seed crystals into the vials within the lyophilization chamber. Morrisa Jones, Senior Scientist, Vaccine Drug Product Development Merck, who is speaking at the SMi’s Groups’ Lyophilization USA Conference she will be comparing and contrasting two
Cold Atom Physics Experiments Controlled by ADwin
ADwin-Pro-II Real Time Data Acquisition & Control CAS DataLoggers provided the data acquisition and control solution for a professor of physics, specifically focusing on cold atom physics at a major university. They began running an experiment producing ultracold quantum gases containing either bosons and fermions. The experiment took place under high vacuum inside a pyrex glass cell. Researchers collected the atoms in a magneto-optical trap (MOT) which consisted of 6 laser
Harmonic Voltage Controlled Oscillator Market 2018-2023
The recent report from Publisher on the Global Harmonic Voltage Controlled Oscillator Market Research has the complete assessment of the latest trends of the Harmonic Voltage Controlled Oscillator market The report focuses on the manufacturing challenges that are being faced and provides the solutions and the strategies that have been implemented to overcome the problems Deep researches and analysis were done during the preparation of the report The information and the data that
New AC axial fan - temperature-controlled
In many applications it is required to use a temperature-controlled axial fan. These fans rotate at low temperature with low speed, resulting in energy savings and less noise. If the temperature rises, there is also an increasing speed of the fan and thus lead to much more airflow. So far, only DC axial fans were available. From now on, a 230V AC axial fan in the dimensions 119x119x38mm can be