Market Trends of china controlled release fertilizer Industry
This section covers the major market trends shaping the China Controlled Release Fertilizer Market according to our research experts:
Polymer Coated is the largest segment by Coating Type.
- Controlled-release fertilizers (CRFs) accounted for 4.3% of the Chinese specialty fertilizer market value in 2021. The market value increased by 41.0% during the study period, and it is anticipated to grow at a CAGR of 6.5% during the forecast period.
- 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, and wheat. Polymer-coated fertilizers accounted for 58.5% of the CRF segment in 2021. Polymer-coated fertilizer technologies differ greatly between manufacturers, depending on the coating material and the coating process used.
- Nitrogenous nutrients are applied by polymer-sulfur-coated fertilizers because sulfur 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 accounted for 64.2% of the Chinese polymer-sulfur-coated fertilizer market in 2021.
- With higher demand from various governments, other than chemical coatings, there are various biobased coatings done over the chemical fertilizers, such as biobased polyurethane, epoxy resin, and polyolefin wax composite coatings, which are boosting the others category. The others segment accounted for 17.4% of the Chinese controlled-release fertilizer market value in 2021.
- Therefore, based on the characteristics, the demand for coated controlled-release fertilizers is anticipated to grow significantly during the forecast period.
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