Polymer Coated NPK Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

The Polymer-coated NPK Market report presents a comprehensive analysis of the market trends, size, driving factors, industry attractiveness, competitive intelligence, future market entry recommendations, and forecast to 2025. The market is segmented by Crop Type (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, and Turfs and Ornamental) and Geography, covering more than 16 countries across the world.

Polymer Coated NPK Industry Overview

Polymer Coated NPK Market Size
Study Period: 2018 - 2028
Fastest Growing Market: Europe
Largest Market: North America
CAGR: 6.2 %

Major Players

Polymer Coated NPK Market Key Players

*Disclaimer: Major Players sorted in no particular order


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Polymer Coated NPK Market Analysis

The polymer-coated NPK market is estimated to witness a CAGR of 6.2%, during the forecast period (2020-2025).

  • North America occupied the largest share in the market in 2019. The demand for polymer-coated NPK fertilizer will further increase as immense pressure lies on the declining pulse area that needs efficient NPK fertilizers for consistent nutrients throughout the growth phase. Moreover, the demand for this variety has emerged from the strawberry, citrus fruits, and vegetable growers, as the fertilizer has longevity of six to nine months and requires just one application, thus, proving effective in minimizing long-run costs.
  • Broad-acre crops accounted for the largest share in the crop type segment of the market, followed by turfs and ornamentals and horticultural crops. The demand for polymer-coated NPK fertilizer in North America is expected to increase as immense pressure on the declining pulse area needs efficient fertilizer utilization. Moreover, owing to the need for improving competitiveness in the sugar beet sector in Europe, more sustainable intensive crop management systems are in demand to improve productivity, including the application of polymer-coated NPK fertilizers.
  • The market for polymer-coated NPK is consolidated with global leaders occupying a larger market share. J.R.Simplot Company, Haifa Group, ICL Specialty Fertilizers, DeltaChem GmbH, and Florikan ESA LLC, are some of the major players in the market.

Polymer Coated NPK Industry Segments

Polymer-coated NPK fertilizers are essentially granular particles whose primary function is to dissolve the fertilizer particles in order to progressively release the fertilizers into the soil over time. For the purpose of the report, grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetables, and turf and ornamental crops have been considered under the scope. The study discusses value chain and price analysis for the broad acreage and horticulture segments, competitive landscape, market opportunities, and future trends. The study period considered for the report is 2016-2019 and the forecast period is 2020-2025.

Crop Type
Grains and Cereals
Pulses and Oilseeds
Commercial Crops
Fruits and Vegetables
Turf and Ornamentals
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of Asia-Pacific
South America
Rest of South America
South Africa
Rest of Africa

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Polymer Coated NPK Market Trends

This section covers the major market trends shaping the Polymer Coated NPK Market according to our research experts:

North America is the Largest Market

North America occupied the largest share in the market for polymer-coated NPK fertilizers, with the United States contributing to the largest share in the region. The North American market was valued at USD 544.9 million in 2019 and is expected to grow at a rapid pace during the forecast period. According to “International Fertilizer Industry Association”, from the last decade, field experiments and trial projects related to polymer fertilizers in agriculture crops have increased the demand, primarily from citrus fruit, strawberry, vegetables, and nut growers. The ongoing research on sugarcane cultivation research reveals that the net return from controlled-released fertilizers for sugarcane is USD 2,839.0 per hectare, whereas, for traditional NPK fertilizers, it is USD 2,173.0 per hectare. Several companies, like Agrium and Koch Agronomic Services, provide advanced polymer coating technology for a consistent release of NPK fertilizers for commercial products in the region. The controlled-release technology through polymer coating provides fruits with efficient and consistent consumption of NPK fertilizer. This, in turn, improves the quality of the fruits and fewer fruit drops, thereby, driving the demand for the same in the future.

Polymer Coated NPK Market Share

Broadacre Segment is the Largest Segment by Crop Type

The broadacre segment occupied the largest share in the overall market for polymer-coated NPK fertilizers, globally. Commodity crops, such as maize and wheat, are applied with poly-coated NPK, which results in balanced nutrient consumption by crops throughout their growth phase. Three out of every four farmers in the United States and Canada rely on agronomists for fertilizer recommendation for their crops. As a result of the the advent of polymer coating technology and its added benefits like fewer leaching losses, a total of USD 5.5 million was invested in the R&D of the fertilizer industry in 2015, primarily for the development of new eco-friendly fertilizer products, such as polymer-coated controlled-release varieties. In the United States, Multicote Agri from Haifa is used in potatoes, which increases the yield by up to 12 metric ton per hectare, as compared to conventional fertilizers, which provide a maximum yield of 8-9 metric ton per hectare. Grains and cereals constitute 65% of the total nutrient requirement in Europe. According to the European Commission, cereal production is expected to grow to 320 million metric ton by 2030. Currently, majority of the NPK blend fertilizers are found to be for grains and cereals in the region. The coatings used for the fertilizers have different time periods to release the nutrients and they range from 4 – 24 months, and this property of poly-coated NPK fertilizers is expected to drive the market during the forecast period.

Polymer Coated NPK Market Growth

Polymer Coated NPK Market Competitor Analysis

The market for polymer-coated NPK fertilizers is consolidated, resulting in the dominance of the global players over the market. Haifa Group, J.R.Simplot Company, ICL Specialty Fertilizers, DeltaChem GmbH, Florikan ESA LLC, and Pursell Agritech are some of the major players in the market. Controlled-release fertilizer companies primarily adopted partnership strategies for R&D, financial, and marketing support. For instance, Deltachem GmbH partnered with the International Advisory Board for institutional and sales support. Knox Fertilizer Company partnered with some top chemical companies like BASF, Bayer, and Corteva AgriScience to bring some active ingredients to consumers. Apart from fertilizers, Haifa Group provides services like fertilizer scheduling at free-cost to attract costumers. It also sells its products online and maintains a huge distributor network all over Western Europe for offline sales. These strategies have been helping expand the market outreach as well as a customer base for the companies in the polymer-coated NPK market.

Polymer Coated NPK Market Top Players

  1. Haifa Group

  2. J.R Simplot Company

  3. ICL Specialty Fertilizers

  4. DeltaChem GmbH

  5. Florikan ESA LLC

*Disclaimer: Major Players sorted in no particular order

Haifa Group, J.R Simplot Company, ICL Specialty Fertilizers, DeltaChem GmbH, Florikan ESA LLC

Polymer Coated NPK Market Report - Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Broad Acre Segment

    2. 4.2 Horticulture Segment


    1. 5.1 Market Drivers

    2. 5.2 Market Restraints


    1. 6.1 Crop Type

      1. 6.1.1 Grains and Cereals

      2. 6.1.2 Pulses and Oilseeds

      3. 6.1.3 Commercial Crops

      4. 6.1.4 Fruits and Vegetables

      5. 6.1.5 Turf and Ornamentals

    2. 6.2 Geography

      1. 6.2.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 6.2.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Netherlands

        5. Russia

        6. Rest of Europe

      3. 6.2.3 Asia-Pacific

        1. China

        2. Japan

        3. Australia

        4. Rest of Asia-Pacific

      4. 6.2.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 6.2.5 Africa

        1. South Africa

        2. Rest of Africa


    1. 7.1 Most Adopted Strategies

    2. 7.2 Market Share Analysis

    3. 7.3 Company Profiles

      1. 7.3.1 Haifa Group

      2. 7.3.2 J.R.Simplot Company

      3. 7.3.3 ICL Specialty Fertilizers

      4. 7.3.4 DeltaChem GmbH

      5. 7.3.5 Florikan ESA LLC

      6. 7.3.6 Pursell Agritech

      7. 7.3.7 Ekompany International BV

      8. 7.3.8 Knox Fertilizer Company Inc.

      9. 7.3.9 Compo Expert


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Polymer Coated NPK Market Research FAQs

The Polymer Coated NPK Market is studied from 2018 - 2028.

The Polymer Coated NPK Market is growing at a CAGR of 6.2% over the next 5 years.

Europe is growing at the highest CAGR over 2018 - 2028.

North America holds highest share in 2021.

Haifa Group, J.R Simplot Company, ICL Specialty Fertilizers, DeltaChem GmbH, Florikan ESA LLC are the major companies operating in Polymer Coated NPK Market.

Polymer Coated NPK Industry Report

Statistics for the 2023 Polymer Coated NPK market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Polymer Coated NPK analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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