China Controlled Release Fertilizer Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

The China Controlled Release Fertilizer Market is segmented Market Snapshot , Coating Type ( Polymer Coated, Polymer-Sulfur Coated, Others ) and Crop Type ( Field Crops, Horticultural Crops, Turf & Ornamental )

Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2021
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Coating Type: Polymer Coated
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Coating Type: Others
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 7.72 %

Key Players

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Market Overview

The China Controlled Release Fertilizer Market stood at 196.19 million USD in 2022 and is projected to register a CAGR of 7.72% to reach 306.50 million USD in 2028.

  • 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 around 74% of the total agricultural land in the country and accounts for consumption of 84.5% of the total CRF fertilizes.

Scope of the Report

Polymer Coated, Polymer-Sulfur Coated, Others are covered as segments by Coating Type. and Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type.
Coating Type
Polymer Coated
Polymer-Sulfur Coated
Others
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental

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Key Market Trends

Why is Polymer Coated the largest segment by Coating Type?

  • Controlled release fertilizers account for about 4.3% of the total China specialty Fertilizer Market value in 2021. There is an increasing trend observed in the controlled release fertilizer market in the country. The market value has increased by about 41.0% during the study period and it is anticipated to increase at a CAGR of 6.5% during the forecast period.
  • The polymer-coated urea owing to its highest N content, thinnest coating, easily degradable, and longest release period is the major type of CRF used as basal fertilizer in the country for the majority of its crops such as rice, corn, wheat, and others. Polymer-coated fertilizers account for about 58.5% of the total controlled-release fertilizer market value in 2021. Polymer-coated fertilizer technologies differ greatly between manufacturers, depending on the coating material used and the coating process used.
  • Mostly Nitrogenous nutrients are applied by the Polymer-Sulphur coated fertilizers. This is because Sulphur is necessary for improving crop quality and resistance. The interaction of sulfur and nitrogen reduces crop nitrate content and improves crop quality. Nitrogenous sulfur-coated fertilizers account for about 64.2% of the total Polymer-sulphur coated fertilizer market in 2021.
  • With higher demand from various governments, other than chemical coatings, there are various biobased coating done over the chemical fertilizers such as Biobased Polyurethane, Epoxy Resin, and Polyolefin Wax Composite Coating which are boosting the other category. These others segment accounts for about 17.4% of the total controlled release fertilizer market value in 2021.
  •  Therefore, based on the characteristics, the market for coated controlled-release fertilizer is anticipated to grow significantly during the forecast period.

Competitive Landscape

The China Controlled Release Fertilizer Market is fragmented, with the top five companies occupying 2.82%. The major players in this market are Compo Expert, Hebei Sanyuanjiuqi Fertilizer Co., Ltd., Hebei Woze Wufeng Biological Technology Co., Ltd, Sociedad Química y Minera (SQM) and Zhongchuang xingyuan chemical technology co.ltd (sorted alphabetically).

Major Players

  1. Compo Expert

  2. Hebei Sanyuanjiuqi Fertilizer Co., Ltd.

  3. Hebei Woze Wufeng Biological Technology Co., Ltd

  4. Sociedad Química y Minera (SQM)

  5. Zhongchuang xingyuan chemical technology co.ltd

*Disclaimer: Major Players are sorted alphabetically

Market Developments

  • February 2019: Haifa Group announced the opening of a new trading company in China. The establishment of the new Haifa subsidiary in China will enable the group to significantly expand its offerings to China agriculture sector.
  • January 2019: Haifa Group launched NutriNet™, an online expert system which aims to support and optimize the process of creating customized fertilization programs. It assist growers in setting fertilization programs at free of cost.
  • January 2019: Haifa Group launched NutriNet™, an online expert system which aims to support and optimize the process of creating customized fertilization programs. It assist growers in setting fertilization programs at free of cost.

Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1 Study Assumptions & Market Definition

    2. 3.2 Scope of the Study​

    3. 3.3 Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1 Acreage Of Major Crop Types

    2. 4.2 Average Nutrient Application Rates

    3. 4.3 Regulatory Framework

    4. 4.4 Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Coating Type

      1. 5.1.1 Polymer Coated

      2. 5.1.2 Polymer-Sulfur Coated

      3. 5.1.3 Others

    2. 5.2 Crop Type

      1. 5.2.1 Field Crops

      2. 5.2.2 Horticultural Crops

      3. 5.2.3 Turf & Ornamental

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Key Strategic Moves

    2. 6.2 Market Share Analysis

    3. 6.3 Company Landscape

    4. 6.4 Company Profiles

      1. 6.4.1 Compo Expert

      2. 6.4.2 Haifa

      3. 6.4.3 Hebei Sanyuanjiuqi Fertilizer Co., Ltd.

      4. 6.4.4 Hebei Woze Wufeng Biological Technology Co., Ltd

      5. 6.4.5 Sociedad Química y Minera (SQM)

      6. 6.4.6 Zhongchuang xingyuan chemical technology co.ltd

  7. 7. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS

  8. 8. APPENDIX

    1. 8.1 Global Overview

      1. 8.1.1 Overview

      2. 8.1.2 Porter’s Five Forces Framework

      3. 8.1.3 Global Value Chain Analysis

      4. 8.1.4 Market Dynamics (DROs)

    2. 8.2 Sources & References

    3. 8.3 List of Tables & Figures

    4. 8.4 Primary Insights

    5. 8.5 Data Pack

    6. 8.6 Glossary of Terms

List of Tables & Figures

    Figure 1:  

    CHINA MARKET, AREA YOY GROWTH RATE, 2016 - 2021

    Figure 2:  

    CHINA MARKET, AREA YOY GROWTH RATE, 2016 - 2021

    Figure 3:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, VOLUME, METRIC TON, 2016 - 2028

    Figure 4:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, VALUE, USD, 2016 - 2028

    Figure 5:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY COATING TYPE, VOLUME, METRIC TON, 2016 - 2028

    Figure 6:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY COATING TYPE, VALUE, USD, 2016 - 2028

    Figure 7:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY COATING TYPE, 2016 - 2028

    Figure 8:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY COATING TYPE, 2016 - 2028

    Figure 9:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY COATING TYPE, POLYMER COATED, METRIC TON, 2016 - 2028

    Figure 10:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY COATING TYPE, POLYMER COATED, USD, 2016 - 2028

    Figure 11:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 12:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, METRIC TON, 2016 - 2028

    Figure 13:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, USD, 2016 - 2028

    Figure 14:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 15:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY COATING TYPE, OTHERS, METRIC TON, 2016 - 2028

    Figure 16:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY COATING TYPE, OTHERS, USD, 2016 - 2028

    Figure 17:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 18:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2016 - 2028

    Figure 19:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2016 - 2028

    Figure 20:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 21:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 22:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY CROP TYPE, FIELD CROPS, METRIC TON, 2016 - 2028

    Figure 23:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY CROP TYPE, FIELD CROPS, USD, 2016 - 2028

    Figure 24:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY COATING TYPE, 2016 - 2028

    Figure 25:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY CROP TYPE, HORTICULTURAL CROPS, METRIC TON, 2016 - 2028

    Figure 26:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY CROP TYPE, HORTICULTURAL CROPS, USD, 2016 - 2028

    Figure 27:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY COATING TYPE, 2016 - 2028

    Figure 28:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY CROP TYPE, TURF & ORNAMENTAL, METRIC TON, 2016 - 2028

    Figure 29:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, BY CROP TYPE, TURF & ORNAMENTAL, USD, 2016 - 2028

    Figure 30:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET MARKET, SHARE(%), BY COATING TYPE, 2016 - 2028

    Figure 31:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 32:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 33:  

    CHINA CONTROLLED RELEASE FERTILIZER MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Market Definition

  • AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
  • CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, Fiber Crops, and Forage Crops, Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
  • MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
  • NUTRIENT TYPES COVERED - Urea & Complex

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

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Frequently Asked Questions

The China Controlled Release Fertilizer Market market is studied from 2016 - 2028.

The China Controlled Release Fertilizer Market stood at 196.19 million USD in 2022 and is projected to register a CAGR of 7.72% to reach 306.50 million USD in 2028.

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.

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.

Cultivation of field crops accounts for around 74% of the total agricultural land in the country and accounts for consumption of 84.5% of the total CRF fertilizes.

Compo Expert,Hebei Sanyuanjiuqi Fertilizer Co., Ltd.,Hebei Woze Wufeng Biological Technology Co., Ltd,Sociedad Química y Minera (SQM) and Zhongchuang xingyuan chemical technology co.ltd. are the major companies operating in China Controlled Release Fertilizer Market.