Controlled Release Fertilizers

As per Market Research Future Analysis, the Controlled-Release Fertilizers Market was valued at USD 1.96 billion in 2023 and is projected to grow from USD 2.08 billion in 2024 to USD 3.58 billion by 2032, with a CAGR of 7.02% during the forecast period (2024 - 2032). The market is driven by the need to enhance agricultural productivity through the gradual release of fertilizers, which improves soil quality and crop yield while reducing environmental impact and costs. The COVID-19 pandemic initially disrupted supply chains, increasing demand for controlled-release fertilizers as farmers faced challenges in accessing traditional fertilizers. Recent developments include EuroChem's new phosphate facility in Brazil and Mivena's introduction of vegan and organic fertilizers, highlighting innovation in the sector.

Agrium Inc, Agro Bridge, Haifa Chemicals Ltd, Shikefeng Chemical Industry

The Controlled-Release Fertilizers Market Trends is one of the advancements of the technique which has the highest reach and benefits. After the lockdown, the people are interested in getting the controlled–release fertilizer as this provides less harm to the human as well as to nature when compared to other fertilizers. Due to this heavy demand, the manufacturing companies are increasing their productivity to compensate for the need of the customer. In addition to this, they are planning to expand their business once they get the proper financial source.

Regional analysis

The dominating region in the Asia Pacific region in which there is the demand for food and the raw materials for the food. As there was rapid growth in the population so the demand for food was high. So the agricultural activities were also high. So this region is dominating region when compared to the other regions. The dominating countries are China, India, Japan etc.

The second place for holding the largest share in North America, as there were good agricultural technologies and good agricultural farming machines. So the second leading country in North America.

Controlled-release Fertilizers Market Segment Overview

Crop Type

• Cereals & grains
• Oilseeds & pulses
• Fruits & vegetables
  • Plantation crops

Application Type

• Foliar application
• Fustigation
• Other

Product Type

• Coated & encapsulated
• Nitrogen stabilizers (N-Stabilizers)

By Region

• North America
•  Europe
• Asia-Pacific