Report Description
The global controlled release fertilizer market is estimated to grow at a robust CAGR during the forecast period, 2021-2028. The growth of market is attributed to increasing environmental concern associated with the excess use of fertilizer resulting in nutrient loss and soil leaching, favorable government policies, demand for efficient fertilizer, and growing demand for high value crops.
It is proven by the empirical studies that biodegradable polymer coating are useful in controlling release of the nutrients in soil and helps in reducing nutrient losses such as soil fertility for the long run and ammonia volatilization.
Efficient use of nitrogen is essential in the glass production process a nitrate deficiency can results in yellowing texture of the glass and loss of vigor thus leading the cost of maintenance and replacement.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for highly efficient fertilizer is expected to drive the market during the forecast period.
- Increasing supportive government rules and rising concern towards environment is estimated to boost the market in the coming years.
- Rising demand for high valued crop amongst the population is anticipated to boost the market during the projected period.
- Rapid adoption of latest and advance techniques of farming by the farmer is expected to propel the market in the coming years.
- Increasing demand for NPK fertilizer in the glass production industry is estimated to surge the market during the projected period.
- Lack of knowledge about the use of nitrogen in turf glass production act as major factor that can hinder the growth of the market.
Scope of the market
The report on the global controlled release fertilizer market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Controlled Release Fertilizer Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Condensation Products of Urea and Aldehydes [Urea Formaldehyde (UF), Isobutylidenediurea, Crotonylidenediurea], Coated and Encapsulated Fertilizer [Sulfur-coated Fertilizers, Polymer Coated Fertilizer {Polymer Coated Urea, Polymer-coated NPK Fertilizer} Sulfur-polymer Coated Fertilizer, and Other Coated & Encapsulated Fertilizer]), Applications (Commercial Crops, Pulses & Oilseeds, Grains & Cereals, Fruits & Vegetables, Turfs & Ornamentals, and Others)
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Regional Scope
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North America [United States, Canada, Mexico, Rest of North America], Europe [Germany, United Kingdom, Spain, France, Italy, Russia, Rest of Europe], Asia Pacific [China, Japan, India, Australia, Rest of Asia Pacific], South America [Brazil, Argentina, Rest of South America], Africa [South Africa, Rest of Africa]
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Florikan ESA LLC; Ekompany International BV; Nutrien Limited; Haifa Group; ICL Group.
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Market Segment Insights
The coasted and encapsulated fertilizer segment is expected to exhibit high CAGR
Based on types, the market is categorized into condensation products of urea and aldehydes, coated and encapsulated fertilizer, and other coated & encapsulated fertilizers. The condensation product of urea and aldehydes segment is further segregated into urea formaldehyde, isobutylidenediurea, and crotonylidenediurea. The coated and encapsulated fertilizer segment is sub-segmented into sulfur-coated fertilizers, polymer coated fertilizer, sulfur-polymer coated fertilizer, and other coated and encapsulated fertilizer. The polymer coated fertilizer segment is further fragmented into polymer coated urea, and polymer-coated NPK fertilizer. The coated and encapsulated fertilizer segment is expected to exhibit high CAGR during the forecast period owing to its wide adoption and availability in both developed and developing nations usually demanded extensively because of highly controlled nutrient release characteristics and promotes healthy growth uptake in plant.
The turf & ornamental segment is expected to hold key share of the market
On the basis of applications, the market is segregated into commercial crops, pulses & oilseeds, grains & cereals, fruits & vegetables, turfs & ornamentals, and others. The turf & ornamental segment is expected to hold key share of the market in the coming years owing to the use of liquid fertilizers on the golf course is considered one of the best management practices, high demand for leisure turf and lawns in the United States and increasing awareness towards food security and demand for smart fertilizers.
North America is anticipated to dominate the market
In the terms of regions, the market is fragmented into North America [United States, Canada, Mexico, Rest of North America], Europe [Germany, United Kingdom, Spain, France, Italy, Russia, Rest of Europe], Asia Pacific [China, Japan, India, Australia, Rest of Asia Pacific], South America [Brazil, Argentina, Rest of South America], Africa [South Africa, Rest of Africa]. North America is anticipated to dominate the market during the projected period. North America holds a ownership of first ever chemically controlled product available as fertilizer, optimum utilization of nitrogen fertilizer resulting in high yield production of commodity crops, and reducing the expenses of superfluous application of fertilizers resulting in huge profit gain act as the major driver for the market growth.
Segments
Global controlled release fertilizer market has been segmented on the basis of
Types
- Condensation Products of Urea and Aldehydes
- Urea Formaldehyde (UF)
- Isobutylidenediurea
- Crotonylidenediurea]
- Coated and Encapsulated Fertilizer
- Sulfur-coated Fertilizers
- Polymer Coated Fertilizer
- Polymer Coated Urea
- Polymer-coated NPK Fertilizer
- Sulfur-polymer Coated Fertilizer
- Other Coated and Encapsulated Fertilizer
- Other Controlled Release Fertilizer
Applications
- Commercial Crops
- Pulses & Oilseeds
- Grains & Cereals
- Fruits & Vegetables
- Turfs & Ornamentals
- Other Application
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Florikan ESA LLC
- Ekompany International BV
- Nutrien Limited
- Haifa Group
- ICL Group.
Competitive Landscape
Key players competing in global controlled release fertilizer market include Florikan ESA LLC; Ekompany International BV; Nutrien Limited; Haifa Group; ICL Group.
Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Controlled Release Fertilizer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Controlled Release Fertilizer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Controlled Release Fertilizer Market - Supply Chain
4.5. Global Controlled Release Fertilizer Market Forecast
4.5.1. Controlled Release Fertilizer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Controlled Release Fertilizer Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Controlled Release Fertilizer Market Absolute $ Opportunity
5. Global Controlled Release Fertilizer Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Controlled Release Fertilizer Market Size and Volume Forecast by Applications
5.3.1. Commercial Crops
Pulses & Oilseeds
Grains & Cereals
Fruits & Vegetables
Turfs & Ornamentals
Other Application
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Controlled Release Fertilizer Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Controlled Release Fertilizer Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Controlled Release Fertilizer Demand Share Forecast, 2019-2026
7. North America Controlled Release Fertilizer Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Controlled Release Fertilizer Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Controlled Release Fertilizer Market Size and Volume Forecast by Applications
7.4.1. Commercial Crops
Pulses & Oilseeds
Grains & Cereals
Fruits & Vegetables
Turfs & Ornamentals
Other Application
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Controlled Release Fertilizer Demand Share Forecast, 2019-2026
8. Latin America Controlled Release Fertilizer Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Controlled Release Fertilizer Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Controlled Release Fertilizer Market Size and Volume Forecast by Applications
8.4.1. Commercial Crops
Pulses & Oilseeds
Grains & Cereals
Fruits & Vegetables
Turfs & Ornamentals
Other Application
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Controlled Release Fertilizer Demand Share Forecast, 2019-2026
9. Europe Controlled Release Fertilizer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Controlled Release Fertilizer Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Controlled Release Fertilizer Market Size and Volume Forecast by Applications
9.4.1. Commercial Crops
Pulses & Oilseeds
Grains & Cereals
Fruits & Vegetables
Turfs & Ornamentals
Other Application
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Controlled Release Fertilizer Demand Share Forecast, 2019-2026
10. Asia Pacific Controlled Release Fertilizer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Controlled Release Fertilizer Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Controlled Release Fertilizer Market Size and Volume Forecast by Applications
10.4.1. Commercial Crops
Pulses & Oilseeds
Grains & Cereals
Fruits & Vegetables
Turfs & Ornamentals
Other Application
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Controlled Release Fertilizer Demand Share Forecast, 2019-2026
11. Middle East & Africa Controlled Release Fertilizer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Controlled Release Fertilizer Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Controlled Release Fertilizer Market Size and Volume Forecast by Applications
11.4.1. Commercial Crops
Pulses & Oilseeds
Grains & Cereals
Fruits & Vegetables
Turfs & Ornamentals
Other Application
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Controlled Release Fertilizer Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Controlled Release Fertilizer Market: Market Share Analysis
12.2. Controlled Release Fertilizer Distributors and Customers
12.3. Controlled Release Fertilizer Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Florikan ESA LLC
Ekompany International BV
Nutrien Limited
Haifa Group
ICL Group.