NCR Online Journal

Controlled-release Fertilizers Market Will Hit Big Revenues In Future | Key Players are Nutrien Ltd., ICL, Koch Industries, Helena Chemical, Nufarm Ltd

 Breaking News
  • No posts were found

Controlled-release Fertilizers Market Will Hit Big Revenues In Future | Key Players are Nutrien Ltd., ICL, Koch Industries, Helena Chemical, Nufarm Ltd

July 28
01:22 2020
Controlled-release Fertilizers Market Will Hit Big Revenues In Future | Key Players are Nutrien Ltd., ICL, Koch Industries, Helena Chemical, Nufarm Ltd

MarketsandMarkets™
The Controlled-release fertilizers market is estimated at USD 2.4 billion in 2020 and is projected to grow at a CAGR of 6.3% from 2020 to 2025, to reach USD 3.2 billion by 2025.

The global controlled-release fertilizers market is estimated at USD 2.4 billion in 2020 and is projected to reach USD 3.2 billion by 2025. The controlled-release fertilizers market is projected to grow at a rate of 6.3% during the forecast period. Factors driving the market include an increase in demand for highly efficient fertilizers, favorable government regulations, a rise in demand for high-value crops, and an increase in the number of investments from key players in this market. The growing environmental concerns associated with nutrient loss through soil leaching and runoffs from fields on the using excess conventional fertilizers are effectively addressed by these fertilizers.

Controlled-release Fertilizers Market

The fertigation segment of controlled-release fertilizers is projected to account for the largest market share, by mode of application

The controlled-release fertilizers market, by application method, was dominated by the fertigation segment. Fertigation is a technique that has been adopted by major countries. In this technique, the fertilizer is included with irrigation water and applied through systems. This technique witnesses better application than broadcasting and subsurface placement. Owing to the increasing irrigated land, fertigation is highly preferred as a suitable application method adopted in both developed and developing countries across the globe for the application of these fertilizers. Also, the labor costs are reduced to a large extent through the adoption of these techniques, which also adds to their increasing demand.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136099624

The agricultural segment is projected to be the faster-growing segment in the controlled-release fertilizers market during the forecast period.

As the market demand shifts towards the usage from NPK fertilizers to controlled-release fertilizers in the developing economies, there is an increase in demand for controlled-release fertilizers. The manufacturers are continuing research efforts to develop cheaper and better coatings/materials to reduce the overall cost and encourage the adoption of this technology.

The slow-release segment is projected to record the fastest growth during the forecast period.

The slow-release segment is projected to be the fastest-growing segment. Urea-formaldehyde fertilizers are most effective in high temperatures and are hence used in regions with warm climatic conditions such as the Asia Pacific Mediterranean region in Europe and the southwestern region of the US.

The Asia Pacific is projected to witness significant growth during the forecast period

The Asia Pacific accounted for the largest share. The region is projected to grow at the highest CAGR of 6.2% & 6.0% in terms of value & volume, respectively, during the forecast period. The increasing growth of high-value crops and raising awareness among farmers about the environmental benefits of controlled-release fertilizers are expected to provide more scope for market expansion. The government policies adopted by Asia Pacific countries and the large subsidies, in certain countries up to 100% for marginal farmers, provided on fertilizers are the major factors triggering the growth of this market in the region. R&D investments in the development of coated fertilizers and the installation of new production capacities by key players are expected to boost the market in the next five years.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=136099624

Key companies in the controlled-release fertilizers market are Nutrien Ltd. (Canada), Yara International ASA (Norway), ICL (Israel), ScottsMiracle-Gro (US), Koch Industries (US), Helena Chemical (US), Kingenta (China), SQM (Chile), Haifa Chemicals (Israel), JCAM AGRI. (Japan), COMPO EXPERT (Germany), Nufarm Ltd. (Australia), The Andersons Inc. (US), Van Iperen International (Netherlands), Mosaic Company (US), OCI Nitrogen (Netherlands), AgroLiquid (US), DeltaChem (Germany), SK Specialties (Malaysia), and Pursell Agri-Tech (US). New product launches, expansions, agreements, and acquisitions have been the areas of focus of these manufacturers to gain better penetration in the developing markets of the Asia Pacific and South America.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/controlled-release-fertilizers-market-136099624.html

Related Articles