Global Controlled Release Fertilizers Market - 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,350	262 Pages	DataM Intelligence 4Market Research LLP	February, 2025	DTAM19614283

Best Price Guarantee
Price	from $4,350
Length	262 Pages
Publisher	DataM Intelligence 4Market Research LLP
Published Date	February, 2025
SKU	DTAM19614283

Controlled Release Fertilizers The global controlled release fertilizers market reached USD 1,852.2 million in 2022 and is projected to witness lucrative growth by reaching up to USD 4,288.4 million by 2031. The market is expected to exhibit a CAGR of 11.3% during the forecast period (2023-2030).

The global market for controlled release fertilizers is expected to experience significant growth in the coming years, driven by the increasing demand for food production and the need for sustainable agriculture practices. The rise in population has led to higher demand for food, and controlled release fertilizers offer a more efficient way of delivering nutrients to crops, resulting in higher yields and reduced waste.

Controlled Release Fertilizers Market Trends

Increasing demand for food production drives the market growth

The increasing demand for food production is driving the global controlled release fertilizers market growth, as it has become essential to maximize crop yields to meet the growing demand for food. With the world population projected to reach 9.7 billion by 2050, farmers need to produce more food with fewer resources. Controlled release fertilizers offer a more efficient way of delivering nutrients to crops, resulting in higher yields and reduced waste. Crop nutrition is becoming increasingly important for both food and commercial crops to boost food output and improve product quality. According to the Food and Agriculture Organization of the United Nations, by 2050, the world will need to grow 50% more food to support its predicted 9 billion population.

Growing demand for sustainable agricultural practices drives the market growth

The global controlled release fertilizers (CRF) market is being driven by the demand for sustainable agricultural practices because these fertilizers provide a more eco-friendly method of feeding crops. Traditional fertilizers are known to cause soil degradation and water pollution, making sustainable alternatives like CRFs increasingly popular. The controlled release of nutrients from CRFs ensures that they are not lost to the environment, reducing the negative impact on soil, water, and air quality, and driving the growth of the CRF market.

Controlled Release Fertilizers Market Segmentation

The global controlled release fertilizers market is segmented based on nutrient type, coating type, mode of application, end-use, and region.

Increased consumption of nitrogen CRFs is expected to drive the segment growth

Nitrogen CRFs held a significant market revenue share of 36% in the year 2022. The increasing demand for high-quality crops and sustainable agriculture practices has further boosted the demand for nitrogen CRFs in recent years, making them the dominant segment in the controlled release fertilizers market. Moreover, the increasing demand for nitrogen fertilizers is boosting segment growth during the forecast period. For instance, according to the Medium-Term Fertilizer Outlook 2021 - 2025 by the International Fertilizer Association, the nitrogen fertilizer, which accounts for over half of global fertilizer use, experienced a 4.1% (4.3 Mt) increase in demand to 110.0 Mt in 2020/21.

Global Controlled Release Fertilizers Market Geographical Share

Increased consumption of controlled release fertilizers in Asia Pacific

Asia has been dominating the controlled release fertilizers market, both in terms of production and consumption with share of about 51% in 2022. By holding about 67% of the market share in APAC in 2022, China will continue to rule the controlled-release fertilizer industry. Following polymer sulfur-coated fertilizers, polymer-coated fertilizers had the largest market share of controlled-release fertilizers. In 2022, the market for polymer-coated fertilizers in Asia Pacific had a value of USD 236 million; by the end of the forecast period, it is expected to have grown to USD 1,120.3 million in 2030. The increasing demand for food, driven by population growth and urbanization, has further boosted the demand for controlled release fertilizers market in the region.

Controlled Release Fertilizers Companies

The major global players include Koch Industries, Inc. (Koch Agronomic Services, LLC), Pursell Agri-Tech LLC, Grupa Azoty S.A. (COMPO EXPERT GmbH), ICL Group Ltd., Haifa Group, Tagrow Co., Ltd, JCAM AGRI.CO. LTD., Kingenta Ecological Engineering Co. Ltd, Nutrien Ltd., and Helena Agri-Enterprises, LLC.

COVID-19 Impact on Controlled Release Fertilizers Market

The global crisis caused by the COVID-19 pandemic particularly affected most industries; however, the controlled release fertilizer endeavor has exhibited some resilience in the supply chain during the crisis. The controlled release fertilizer industry is engaged in the mining and processing of raw materials, such as phosphate ores, potassium salts, and sulfur ores. The use of controlled release fertilizer has increased vastly over the twentieth century. The total fertilizer nutrient demand was estimated at 20 million tons in 1950 compared to about 190 million tons in 2019 and 2020. These values were estimated by International Fertilizer Association (IFA) in November 2020.

Ukraine-Russia War Impact Analysis

The global market for controlled release fertilizers has been significantly impacted by the ongoing conflict between Ukraine and Russia. The disruptions in transportation and logistics could impact the timely delivery of fertilizers to farmers, potentially leading to lower crop yields and agricultural productivity. The instability caused by the conflict may also lead to a slowdown in innovation and development of new products in the Ukrainian fertilizer industry, presenting challenges and uncertainties for the controlled release fertilizers market.

Artificial Intelligence Impact Analysis

Artificial intelligence (AI) can be used to monitor crop growth and predict fertilizer requirements, enabling farmers to adjust their fertilization practices in real-time. The use of AI in the controlled release fertilizers market is expected to increase efficiency, reduce waste, and improve crop productivity, leading to more sustainable and profitable agriculture practices.

Key Developments
• In May 2022, ICL signed framework agreements to supply 600,000 and 700,000 metric tons of potash to customers in China and India, respectively, at a price of 590 USD per ton.
• In February 2022, ICL introduced fertilizers for lawn care that either contained resin-coated nitrogen combined with phosphorus and potash (PACE) or urea coated with nitrogen, sulfur, and a biodegradable polymer membrane (Poly-S). This prevents unchecked shock growth, which requires less effort when mowing. The fertilizers are thought to be especially simple and secure to use, and they are appropriate for robotic lawnmowers.
• In September 2021, Florikan announced a significant expansion of staging and interim storage. The company's premium lines of controlled-release fertilizer products, such as Nutricote, Gal-XeONE, and YLD, are in high demand, and these new additions will help Florikan meet that demand.

Why Purchase the Report?
• To visualize the global controlled release fertilizers market segmentation based on nutrient type, coating type, mode of application, end-use, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of controlled release fertilizers market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global controlled release fertilizers market report would provide approximately 69 tables, 67 figures and 136 Pages.

Target Audience 2024
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

1. Methodology and Scope: 1.1. Research Methodology; 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary: 3.1. Snippet by Nutrient Type; 3.2. Snippet by Coating Type; 3.3. Snippet by Mode of Application; 3.4. Snippet by End-Use; 3.5. Snippet by Region
4. Dynamics: 4.1. Impacting Factors; 4.1.1. Drivers; 4.1.1.1. Increasing demand for food production drives the market growth; 4.1.2. Restraints; 4.1.2.1. The high initial cost of production and installation hampers the market expansion; 4.1.3. Opportunity; 4.1.3.1. Growing demand for sustainable agricultural practices drives the market growth; 4.1.4. Impact Analysis
5. Industry Analysis: 5.1. Porter's Five Forces Analysis; 5.2. Supply Chain Analysis; 5.3. Pricing Analysis; 5.4. Regulatory Analysis
6. COVID-19 Analysis: 6.1. Analysis of COVID-19; 6.1.1. Before COVID-19 Scenario; 6.1.2. Present COVID-19 Scenario; 6.1.3. Post COVID-19 or Future Scenario; 6.2. Pricing Dynamics Amid COVID-19; 6.3. Demand-Supply Spectrum; 6.4. Government Initiatives Related to the Market During Pandemic; 6.5. Manufacturers Strategic Initiatives; 6.6. Conclusion
7. By Nutrient Type: 7.1. Introduction; 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nutrient Type; 7.1.2. Market Attractiveness Index, By Nutrient Type; 7.2. Nitrogen CRFs*; 7.2.1. Introduction; 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 7.3. NPK CRFs; 7.4. Secondary Nutrients; 7.5. Others
8. By Coating Type: 8.1. Introduction; 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Coating Type; 8.1.2. Market Attractiveness Index, By Coating Type; 8.2. Sulfur Coating*; 8.2.1. Introduction; 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 8.3. Polymer Coating; 8.4. Others
9. By Mode of Application: 9.1. Introduction; 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Mode of Application; 9.1.2. Market Attractiveness Index, By Mode of Application; 9.2. Top-dressing*; 9.2.1. Introduction; 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 9.3. Dibbling; 9.4. Incorporation
10. By End-Use: 10.1. Introduction; 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-Use; 10.1.2. Market Attractiveness Index, By End-Use; 10.2. Agricultural*; 10.2.1. Introduction; 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 10.3. Non-agricultural
11. By Region: 11.1. Introduction; 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region; 11.1.2. Market Attractiveness Index, By Region; 11.2. North America; 11.2.1. Introduction; 11.2.2. Key Region-Specific Dynamics; 11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nutrient Type; 11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Coating Type; 11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Mode of Application; 11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-Use; 11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 11.2.7.1. The U.S.; 11.2.7.2. Canada; 11.2.7.3. Mexico; 11.3. Europe; 11.3.1. Introduction; 11.3.2. Key Region-Specific Dynamics; 11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nutrient Type; 11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Coating Type; 11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Mode of Application; 11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-Use; 11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 11.3.7.1. Germany; 11.3.7.2. The U.K.; 11.3.7.3. France; 11.3.7.4. Italy; 11.3.7.5. Spain; 11.3.7.6. Rest of Europe; 11.4. South America; 11.4.1. Introduction; 11.4.2. Key Region-Specific Dynamics; 11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nutrient Type; 11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Coating Type; 11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Mode of Application; 11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-Use; 11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 11.4.7.1. Brazil; 11.4.7.2. Argentina; 11.4.7.3. Rest of South America; 11.5. Asia-Pacific; 11.5.1. Introduction; 11.5.2. Key Region-Specific Dynamics; 11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nutrient Type; 11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Coating Type; 11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Mode of Application; 11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-Use; 11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 11.5.7.1. China; 11.5.7.2. India; 11.5.7.3. Japan; 11.5.7.4. Australia; 11.5.7.5. Rest of Asia-Pacific; 11.6. Middle East and Africa; 11.6.1. Introduction; 11.6.2. Key Region-Specific Dynamics; 11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nutrient Type; 11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Coating Type; 11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Mode of Application; 11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-Use
12. Competitive Landscape: 12.1. Competitive Scenario; 12.2. Market Positioning/Share Analysis; 12.3. Mergers and Acquisitions Analysis
13. Company Profiles: 13.1. Koch Industries, Inc.( Koch Agronomic Services, LLC)*; 13.1.1. Company Overview; 13.1.2. Product Portfolio and Description; 13.1.3. Financial Overview; 13.1.4. Key Developments; 13.2. Pursell Agri-Tech LLC; 13.3. Grupa Azoty S.A.( COMPO EXPERT GmbH); 13.4. ICL Group Ltd.; 13.5. Haifa Group; 13.6. Tagrow Co., Ltd; 13.7. JCAM AGRI.CO., LTD.; 13.8. Kingenta Ecological Engineering Co. Ltd; 13.9. Nutrien Ltd.; 13.10. Helena Agri-Enterprises, LLC (*LIST NOT EXHAUSTIVE)
14. Appendix: 14.1. About Us and Services; 14.2. Contact Us