Skip to main content

Controlled Release Fertilizers Market: Growing Demand for Agricultural and Horticultural Applications, TMR

Global controlled release fertilizers market is anticipated to expand at a CAGR of 5.6% during the period between 2016 and 2024. The report, titled “Controlled Release Fertilizers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024,” projects the global controlled release fertilizers market to be worth US$3.92 bn by 2024. The overall market stood at a valuation of US$2.41 bn in 2015. 

Controlled release fertilizers are a type of enhanced efficiency fertilizers. These granulated fertilizers release nutrients gradually into the soil. Controlled release fertilizers are usually encapsulated or coated with inorganic or organic materials such as polyacrylonitrile (PAN), polysulfone (PSF), and cellulose acetate (CA). These materials regulate the pattern, rate, and duration of plant nutrient release from the fertilizers. Usually, controlled release fertilizers are used in horticulture and agriculture applications.
The report states that the rapid growth in population worldwide has led to a gradual shift towards sustainable agriculture to ensure food security. As a result, the demand for fertilizers such as controlled release fertilizers has surged. However, the lack of awareness among farmers and the high cost of controlled release fertilizers compared to conventional chemical fertilizers are expected to hamper the growth of the global controlled release fertilizers market during the forecast period. The overall market has a huge potential to grow with prospective applications of controlled release fertilizers across lawns and gardens.
On the basis of product type, the report has segmented the global controlled release fertilizers market into polymer coated urea, polymer sulfur coated urea/sulfur coated urea, polymer coated NPK fertilizer, and others including coated micronutrients. During the forecast period, polymer sulfur coated urea/sulfur coated urea is anticipated to dominate the overall market. This product segment held over 45% of the market in 2015.
For more information on this report, fill the form @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6041
The report studies the global controlled release fertilizers market across five key regions: Latin America, Asia Pacific, the Middle East and Africa, North America, and Europe. In 2015, Asia Pacific emerged as the largest market for controlled release fertilizers, in terms of volume, closely followed by North America and Europe. The rapid growth of the Asia Pacific controlled release fertilizers market can be attributed to the growing demand from the horticultural and agricultural fields. During the forecast horizon, the market is anticipated to witness modest growth across Europe and North America.
Describing the competitive landscape, the report profiles some of the key players in the global controlled release fertilizers market such as Greenfeed Agro Sdn. Bhd., ATS Group, The Scotts Miracle-Gro Company, Compo GMBH & Co. KG, HIF TECH SDN. BHD, Agrium Inc, Shikefeng Chemical Industry, Ekompany Agro B.V., AgroBridge (Malaysia), Agrium Inc, Haifa Chemicals ltd, ICL Specialty Fertilizers, Central Glass Co Ltd, Kingenta Ecological Engineering Group Co. Ltd., and The Chisso Corporation. Profiles of the market players include parameters such as financial overview, company overview, business strategies, and recent developments.
Global controlled release fertilizers market has been segmented as:
Controlled Release Fertilizers Market – Product Analysis
  • Polymer sulfur coated urea/sulfur coated urea
  • Polymer coated urea
  • Polymer coated NPK fertilizer
  • Others (including coated micronutrients) 

Controlled Release Fertilizers Market – Application Analysis
  • Cereals & grains
  • Oilseeds & pulses
  • Fruits & vegetables
  • Others (including turf, ornamental plants, etc.) 

Labels:
Location: Albany, NY 12207, USA

Comments

Post a Comment

Popular posts from this blog

Physical Vapor Deposition Market: Knowledge Regarding Benefits over Conventional Coating Methods to Fuel Demand, says TMR

The  global physical vapor deposition (PVD) market  is currently led by manufacturers such as IHI Ionbond AG and Oerlikon Balzers (Oerlikon Group). Together these companies account for the dominant market share in the market, clearly due to the superfluous coasts of PVD devices. As the patent protected nature of the PVD technology has restricted the scope for entry of new players, the existing ones enjoy stronghold in determining the price points. A majority of these companies are domiciled in North America, Europe, and Asia Pacific, finds Transparency Market Research (TMR) in a new study. As a result, only strategic collaborations with PVD companies across these regions can help new vendors establish their foothold in the global physical vapor deposition market.  As per TMR, the global PVD market, which in 2015 stood at US$13.6 bn is expected to reach US$21.8 bn by the end of 2024. If the figures hold true, the global physical vapor deposition market will exhibit...
Post a Comment
Read more

Glass Fiber Reinforced Gypsum Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025

Glass Fiber Reinforced Gypsum (GFRG) is a composite application utilizing naturally occurring mineral gypsum combined with reinforcing fibers. It may also contain polymers to increase product strength. The molding process can be either hand lay-up or a chopped strand spray method. Stereotypically, the end product is used for indoor applications with negligible exposure to moisture or other environmental elements. Completed composites are in the form of ornamental or decorative columns, pillars and facades. With the slowdown in world economic growth, the global market has also suffered a certain impact, but still maintained a relatively optimistic growth. In terms of revenue, the Global Glass Fiber Reinforced Gypsum Market was valued at US$ 458.49 Mn in 2016 and is expected to reach US$ 888.35 Mn by 2025, expanding at a CAGR of 7.6% from 2017 to 2025. The Global Glass Fiber Reinforced Gypsum Market is boosted by factors such as: ·       ...
3 comments
Read more
A new research report released by U.S.-based market intelligence firm Transparency Market Research analyzes the linear alkyl benzene market quantitatively and estimates that it will grow upon its 2011 market value of US$6,149 million at a steady CAGR of 4.3% from 2012 to 2018. The report is titled ‘ Linear Alkyl Benzene Market for - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 - 2018’ , and provides detailed analysis of the  global linear alkyl benzene market  as well as insightful forecasts about the upcoming state of the market in terms of revenue and volume. According to volume, the global alkyl benzene market totaled 3,391.6 kilotons in 2011. Linear alkyl benzene is an important component in the production of linear alkylbenzene sulfonate, which is used to produce detergents. Production of linear alkylbenzene sulfonates takes up a major share of the global linear alkyl benzene market. The applications of linear alkylbenzenene sulfonate a...
Post a Comment
Read more