Controlled-release Fertilizers Market By Type (Slow-release (Urea-formaldehyde, Urea-isobutyraldehyde, Urea-acetaldehyde, and Other slow-release fertilizers (Crotonylidenediurea)), Coated & encapsulated (Sulfur coatings, Polymer coatings, Sulfur-polymer coatings, and Other Coated Fertilizers (Condensation Polymers, Drying Oils, Waxes, and Bitumen)), and Nitrogen stabilizers (N-Stabilizers) (Nitrification inhibitors and Urease inhibitors)), By Application (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, Turf & Ornamentals, and Other Applications), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI423920 | Publish Date: March 2024 | No. of Pages: 168

Global Controlled Release Fertilizers Market Overview

Controlled-release Fertilizers Market was valued at USD 3.3 Billion in 2024 and is projected to grow at a CAGR of 6.70% to reach USD 6.3 Billion by 2034.

Controlled release fertilizers (CRF) are known as fertilizers that releases nutrients in a manner that is measured in order to meet the nutrient demand of a crop. These fertilizers have the ability to improve crop yield and quality, increase fertilizer use efficiency as well as reduces potential losses to the environment. The major factors that affect fertilizer release are temperature and moisture. There are various benefits to controlled release fertilizers such as its ease of use, decreased application costs through the reduction of labor costs, and reduced environmental impact. The application of a controlled release fertilizer can decrease labor costs by eradicating the need to mix and monitor water-soluble fertilizers and limits the need for expensive injection equipment. 

Global Controlled Release Fertilizers Market Drivers & Restraints

Growth in demand for highly efficient fertilizers

In current scenario there is serious need for improving the efficiency of fertilizer, therefore the anticipated benefits from the controlled release fertilizers are projected to propel the market over the forecast period. Controlled release fertilizers result in the need for fewer benefits, which thereby decreases equipment costs and labor. Further, product differentiation offers a good marketing opportunity for organizations. With less frequent application required, there is a more uniform growth response from crops, allowing techs to perform other duties during their scheduled stops.

Lack of flexibility

Lack of flexibility in response to not being able to change the fertilizer after it has been incorporated, its improper management of controlled released fertilizers and locked-in rate may be some of the hampering factors in the growth of the market over the forecast period. Moreover, unpredictable nature of the climate may also limit the globally controlled release fertilizers market growth to some extent

Global Controlled Release Fertilizers Market Segmentations & Regional Insights

The controlled-release fertilizers market is segmented based on type, application, and region.

On the basis of type, the controlled-release fertilizers market is segmented into slow-release (urea-formaldehyde, urea-isobutyraldehyde, urea-acetaldehyde, and other slow-release fertilizers (crotonylidenediurea)), coated & encapsulated (sulfur coatings, polymer coatings, sulfur-polymer coatings, and other coated fertilizers (condensation polymers, drying oils, waxes, and bitumen)), and nitrogen stabilizers (n-stabilizers) (nitrification inhibitors and urease inhibitors). Based on application, the target market is segmented into grains & cereals, pulses & oilseeds, commercial crops, fruits & vegetables, turf & ornamentals, and other applications

Regional Insights:

The Controlled-release fertilizer market accounted for US$ 3.3 billion in 2024 and is estimated to be US$ 6.3 billion by 2034 and is anticipated to register a CAGR of 6.70%. On region the controlled-release fertilizers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific estimates for the highest share in terms of value & volume, and is expected to maintain its dominance over the forecast period. Rapid growth of high-value crops and increasing awareness among farmers about the environmental benefits of controlled-release fertilizers are projected to offer more lucrative scope for the target market expansion. The government initiatives undertaken by Asia Pacific countries and the large subsidies, in certain countries up to 100% for marginal farmers, provided on fertilizers are the major factors boosting the growth of this market in the region. Installation of new production capacities and R&D investments in the development of coated fertilizers are the by key players are anticipated to propel the market in the next five years

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2023 – 2034

Market representation

Revenue in USD Million & CAGR from 2023 – 2034

Market Segmentation

By Type- Slow-release (Urea-formaldehyde, Urea-isobutyraldehyde, Urea-acetaldehyde, and Other slow-release fertilizers (Crotonylidenediurea)), Coated & encapsulated (Sulfur coatings, Polymer coatings, Sulfur-polymer coatings, and Other Coated Fertilizers (Condensation Polymers, Drying Oils, Waxes, and Bitumen)), and Nitrogen stabilizers (N-Stabilizers) (Nitrification inhibitors and Urease inhibitors)

By Application– Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, Turf & Ornamentals, and Other Applications

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Controlled-release Fertilizers market report based on type, application, and region.

Controlled-release Fertilizers Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Global Controlled Release Fertilizers Market Competitive Landscape & Key Players

The key players operating the controlled-release fertilizers market includes Nutrien Limited, Scotts Miracle Gro, Yara International ASA, Israel Chemicals Ltd., Compo GmbH and Co. KG, Haifa Group, Sociedad Quimica Y Minera De Chile SA, ATS (Growth Products), JNC Corporation (Chisso), and Kingenta International. New product launches, agreements, acquisitions, and market expansions have been the areas of focus of these prominent players in order gain better penetration in the developing markets. For instance, in September 2019, Nutrien, Ltd. acquired Ruralco Holdings Limited in Australia. This acquisition with Nutrien will provide a substantial benefits to its investors as well as improve the delivery of its products and services to Australian farmers.

Global Controlled Release Fertilizers Market Company Profile

  • Nutrien Limited
  • Scotts Miracle Gro
  • Yara International ASA
  • Israel Chemicals Ltd.
  • Compo GmbH and Co. KG
  • Haifa Group
  • Sociedad Quimica Y Minera De Chile SA
  • ATS (Growth Products)
  • JNC Corporation (Chisso)
  • Kingenta Internationa

FAQs

The Global Controlled-release Fertilizers market is segmented into basis of type, application, and region.

In the current scenario there is a serious need for improving the efficiency of fertilizer, therefore the anticipated benefits from the controlled release fertilizers are projected to propel the market over the forecast period.

By region, The Asia Pacific estimates for the highest share in terms of value & volume, and is expected to maintain its dominance over the forecast period.

The Key players operating in the global Controlled-release Fertilizers market include Nutrien Limited, Scotts Miracle Gro, Yara International ASA, Israel Chemicals Ltd., Compo GmbH and Co. KG, Haifa Group, Sociedad Quimica Y Minera De Chile SA, ATS (Growth Products), JNC Corporation (Chisso), and Kingenta International.