United States Controlled Release Fertilizer Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

United States Controlled Release Fertilizer Market - Size, Share, COVID-19 Impact & Forecasts up to 2028

The United States Controlled Release Fertilizer Market is projected to register a CAGR of 6.95%

Key Highlights

• Largest Segment by Type - Straight : CRF Urea releases nitrogen in a gradual manner. As nitrogen is the most applied fertilizer, CRF Urea can prevent nitrogen mineralization that degrades the soil quality.
• Largest Segment by Coating Type - Polymer Coated : These fertilizers effectively supply all the essential primary and secondary nutrients, coupled with micronutrients, reducing the need for multiple fertilizer applications.
• Largest Segment by Crop Type - Field Crops : Field crops dominate the fertilizers market in the US due to the large cultivation area in the country. Field crops account for more than 95% of the total crop area.

Key Market TrendsPolymer Coated is the largest segment by Coating Type.

• The US controlled-release fertilizer market grew by 70.43% during the study period. The field crops segment was the largest market for controlled-release fertilizers in 2021, accounting for 82.06% of the United States controlled-release fertilizer market, followed by the turf and ornamental segment, accounting for 15.3%.
• The efficient release of nutrients, decreased leaching, and the volatilization of the nutrients are driving the coated controlled-release fertilizer market's growth in the United States.
• Compared to uncoated products, coated controlled-release fertilizers reduce leaching by 69.0% for nitrogen-based fertilizers and 82.0% for phosphate-based fertilizers on trials. Uncoated conventional urea loses up to 40% ammonia to volatilization. Multiple years of testing demonstrate that coated urea consistently reduced ammonia losses by at least 95.0%.
• Polymer coating was the largest segment in 2021, accounting for 62.0% of the United States controlled-release fertilizer market. The country is focused on field crop cultivation and majorly demands polymer-coated controlled-release fertilizers to meet environmental and cost-related concerns.
• The rising government regulations to reduce the environmental impact of over-accumulation of fertilizers are driving the demand for controlled-release fertilizers in the United States during the forecast period.

Competitive Landscape

The United States Controlled Release Fertilizer Market is fragmented, with the top five companies occupying 20.67%. The major players in this market are Compo Expert GMbh, Florikan, ICL Speciality Fertilizers, Nutrien Ltd. and Sociedad Quimica y Minera de Chile SA (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

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