Controlled Release Fertilizer Market, Global Industry Size Forecast [Latest]

1
Controlled-release Fertilizers Market worth 2.9
billion by 2028 Exclusive Report by
MarketsandMarkets The Controlled-release
Fertilizers Market is estimated at USD 2.2
billion in 2023 and is projected to reach USD
2.9 billion by 2028, at a CAGR of 5.9 from 2023
to 2028 according to a report published by
MarketsandMarkets. The growing demand for
controlled-release fertilizers is primarily
fueled by their ability to enhance nutrient
efficiency, reduce environmental impact, and
align with sustainable agricultural
practices, meeting the needs of both
farmers and environmental concerns. Download
PDF Brochure https//www.marketsandmarkets.com/pd
fdownloadNew.asp?id136099624 Browse in-depth TOC
on "Controlled-release Fertilizers Market 665
Tables 68 Figures 419 Pages The slow-release
segment is expected to grow at the highest CAGR
during the forecast period. The market for
slow-release fertilizers has experienced
steady growth due to their inherent
benefits in enhancing agricultural
sustainability and productivity. The controlled
and gradual nutrient release of these
fertilizers aligns with precision agriculture
techniques, ensuring optimal nutrient uptake by
crops and minimizing wastage. This approach has
gained traction as farmers seek to improve
resource management, reduce nutrient runoff, and
comply with stringent environmental regulations.
Additionally, the rising awareness of soil
health, water quality preservation, and long-term
crop viability have driven the adoption of these
fertilizers, making them a key component of
modern farming strategies aimed at achieving both
economic and environmental objectives. The
non-agriculture segment by end use emerged as a
driving force in the controlled-release
fertilizer market in 2022. The non-agriculture
segment has contributed to the growth of
the controlled-release fertilizers market.
The urban landscape's growing reliance on
controlled-release fertilizers is set to
propel the market's expansion. Golf courses,
municipal parks, residential complexes, and
other non-agricultural areas seek sustainable
solutions that controlled- release fertilizers
can provide. This dominance aligns with the
broader trend of urbanization and the
corresponding need for environmentally friendly,
efficient, and visually appealing landscaping
solutions. In urban areas, aesthetics and visual
appeal hold significant importance.
Controlled-release fertilizers contribute to lush
and vibrant green spaces that enhance the overall
aesthetics of urban environments. Moreover, the
slow and controlled nutrient release of these
fertilizers results in reduced application
frequency, translating to fewer maintenance
cycles for landscapers, golf course managers,
and homeowners. This efficiency appeals to
non-agricultural users seeking to streamline
operations. Request Sample Pages
https//www.marketsandmarkets.com/requestsampleNew
.asp?id136099624 Argentina is expected to be
the fastest-growing market in the South American
region during the forecast period. Argentina is
poised to emerge as the fastest-growing
player in the controlled-release fertilizers
market within South America. Argentina places
considerable emphasis on sustainable farming
practices, aligning with global trends and
consumer preferences. Controlled-release
fertilizers offer a solution to minimize nutrient
runoff, reduce environmental impact, and promote
soil health, making them a natural fit for the
country's sustainable agriculture
initiatives. Argentina's dominance in the
South American controlled-release fertilizers
market is enhanced by a convergence of
favorable conditions. Its strong agricultural
foundation, commitment to sustainable practices,
emphasis on innovation, and strategic export
position create a conducive environment for both
the production and adoption of controlled-release
fertilizers. This dominance is expected to fuel
continued growth in the sector, as Argentina
solidifies its role as a key player driving the
evolution of agricultural practices in the
region. Major players operating in the
controlled-release fertilizers market are Yara
(Norway), Nutrien Ltd. (Canada), Mosaic (US), ICL
(Israel), Nufarm (Australia), Kingenta (China),
ScottsMiracle-Gro (US), Koch Industries (US),
Helena Chemicals (US), and SQM (Chile). Get 10
Free Customization on this Report https//www.mar
ketsandmarkets.com/requestCustomizationNew.asp?id
136099624
2
About MarketsandMarkets MarketsandMarkets is
a blue ocean alternative in growth
consulting and program management, leveraging
a man- machine offering to drive supernormal
growth for progressive organizations in the B2B
space. We have the widest lens on emerging
technologies, making us proficient in co-creating
supernormal growth for clients. The B2B
economy is witnessing the emergence of 25
trillion of new revenue streams that are
substituting existing revenue streams in this
decade alone. We work with clients on growth
programs, helping them monetize this 25 trillion
opportunity through our service lines - TAM
Expansion, Go-to-Market (GTM) Strategy to
Execution, Market Share Gain, Account Enablement,
and Thought Leadership Marketing. Built on the
'GIVE Growth' principle, we work with
several Forbes Global 2000 B2B companies -
helping them stay relevant in a disruptive
ecosystem. Our insights and strategies are
molded by our industry experts, cutting-edge
AI- powered Market Intelligence Cloud, and
years of research. The KnowledgeStore (our
Market Intelligence Cloud) integrates our
research, facilitates an analysis of
interconnections through a set of applications,
helping clients look at the entire ecosystem and
understand the revenue shifts happening in their
industry. To find out more, visit
www.MarketsandMarkets.com or follow us on
Twitter, LinkedIn and Facebook. Contact Mr.
Aashish Mehra MarketsandMarkets INC. 630 Dundee
Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441 Email sales_at_marketsandmarkets.com
Research Insight https//www.marketsandmarkets.c
om/ResearchInsight/controlled-release-fertilizers-
markek.asp Visit Our Website https//www.marketsa
ndmarkets.com/ Content Source https//www.markets
andmarkets.com/PressReleases/controlled-release-fe
rtilizers.asp