The global controlled release fertilizers market is anticipated to grow at a CAGR of around 6.4% during the forecast period. The prominent factor enhancing the growth of the global controlled release fertilizers market include growing demand for high-efficiency fertilizer for enhancing nutrients level within the crop and increasing adoption of smart farming products and techniques by farmers. Apart from these, growing demand for agricultural products across the globe due to surge in population is also the crucial factor generating the high demand for controlled and slow-release fertilizers. On the other hand, rise in investments in sustainable and eco-friendly fertilizers by market players in the developing markets offers new opportunities in the market. For instance, in July 2021, Phosul LLC has manufactured and lunched new phosphate fertilizer called Phosul 0-16-0-4 Grows with Nature TM. Approved for use in organic production with high P availability, long lasting source of phosphate, sulphur, calcium and silica.
Browse the full report description of “Controlled Release Fertilizers Market Size, Share, and Trends Analysis Report, By Type (Slow Release, Nitrogen Stabilizers, and Coated and Encapsulated), By Application (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, Turf and Ornamentals, and Others), By End-User (Agricultural and Non-Agricultural), Forecast (2022 to 2028)” at https://www.omrglobal.com/industry-reports/controlled-release-fertilizers-market
The market growth is also driven by the presence of prominent market players such as that are contributing to the growth of the makret. The market players are highly inclined towards the adoption of new growth strategies such as mergers and acquisition, partnership, collaboration, new product development and others to stay in competition. In September 2021, Yara Suomi Oy acquired Ecolan Oy, a Finnish producer of recycled fertilizers. The acquisition represented company’s commitment to play a bigger role in organic farming and in contributing to the circular economy.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- ICL Group, Haifa Group, Ekompany International BV, Nutrien Limited, and Florikan ESA LLC., among others.
• Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Controlled Release Fertilizers Market Report by Segment
• Global Controlled Release Fertilizers Market by Type
o Slow Release
o Nitrogen Stabilizers
o Coated and Encapsulated
• Global Controlled Release Fertilizers Market by Application
o Grains and Cereals
o Pulses and Oilseeds
o Commercial Crops
o Fruits and Vegetables
o Turf and Ornamentals
o Others
• Global Controlled Release Fertilizers Market by End-User
o Agricultural
o Non-agricultural
Global Controlled Release Fertilizers Market Report By Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/controlled-release-fertilizers-market