Market Size of asia-pacific controlled release fertilizer Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 199.74 Million |
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Market Size (2030) | USD 298.44 Million |
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Largest Share by Coating Type | Polymer Coated |
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CAGR (2024 - 2030) | 6.92 % |
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Largest Share by Country | China |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
APAC Controlled Release Fertilizer Market Analysis
The Asia-Pacific Controlled Release Fertilizer Market size is estimated at USD 199.74 million in 2024, and is expected to reach USD 298.44 million by 2030, growing at a CAGR of 6.92% during the forecast period (2024-2030).
- Largest Segment by Type - Straight : CRF Urea release the nitrogen in a gradual manner. As nitrigen is the most applied fertilizer, CRF urea can prevent nitrogen mineralization that degrades the soil quality.
- Largest Segment by Coating Type - Polymer Coated : The polymer coated fertilizers release the nutrients for longer duration and decrease the leaching losses of fertilizers in the soil and also reduce the application rate.
- Largest Segment by Crop Type - Field Crops : Cultivation of field crops accounts for more than 90% of the total agricultural land in the region and accounts for highest consumption of 88.3% of the total CRF fertilizes.
- Largest segment by Country - China : China is the most populous country in the world and has large cultivable land in the region, with high fertilizer aplication rate per hectare to maximize the crop yields.
