DUBLIN, September 18, 2017 /PRNewswire/ --
The "Global Controlled Release Fertilizer Market - Growth, Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.
Global Controlled Release Fertilizer market is estimated to grow at a CAGR of 6.7% during the forecast period 2016-2021 from an estimated market value of $2739.5 million in 2015. Controlled release fertilizer is a type of fertilizer that contains plant nutrient in a form that delays availability for plant uptake and use after application.
Controlled release fertilizers are part of a broad segment-enhanced efficiency fertilizers. These kind of fertilizers are available to the plants for a significantly longer period of time. These granulated fertilizers release nutrients gradually into the soil. Most controlled release fertilizers are used in agriculture and horticulture applications.
Increasing demand for high-efficiency fertilizers, shrinking farm land and land productivity, and environment friendly operation mode of the fertilizers are the key factors driving the market demand for controlled release fertilizers globally. Growing demand from developing regions and increased government and industry support would help in sustaining the market growth in the forecast period. However, regulatory and environmental constraints for some coated products and high manufacturing cost are creating obstacles for market growth.
The global controlled release fertilizer market is classified by type, application and geography. In term of product type, the market is broadly classified into Chemical Condensation Products, Coated and Encapsulated Fertilizers, Nitrogen Stabilizers and others. By application, the usage of fertilizers is explained based on crops and non-crops. Crop based application in fruits and vegetables is reported to be more for the industry.
North America is the largest market for controlled release fertilizer products which is then followed by Europe and Asia-Pacific. Due to increased demand for food and shortage of arable land, Asia-Pacific region would grow at the highest CAGR. Country wise, United States and China are the largest markets for this fertilizer.
Companies Mentioned:
- Agrium Inc. (Canada)
- CF Industries Holdings
- Yara International
- K+S AG
- Uralkali
- ScottsMiracle-Gro Company (U.S.)
- OCP
- Potash Corporation of Saskatchewan
- The Mosaic Company
- Compo GmbH & Co. KG (Germany)
- Israel Chemicals Ltd.
- Bunge (BG)
- Sociedad Quimica Y Minera De Chile SA
- Haifa Group
- ATS Group
- ICL Specialty Fertilizers
- The Chisso Corporation
- Compo GMBH & Co. KG
- Shikefeng Chemical Industry
- Greenfeed Agro Sdn. Bhd.
Key Topics Covered:
1. Introduction
2. Research Approach & Methodology
3. Key Findings of the Study
4. Market Overview
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/j3j3s9/global_controlled
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SOURCE Research and Markets
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