Market Size of controlled release fertilizer Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 1.28 Billion |
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Market Size (2030) | USD 2.00 Billion |
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Largest Share by Coating Type | Polymer Coated |
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CAGR (2024 - 2030) | 7.72 % |
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Largest Share by Region | North America |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Controlled Release Fertilizers Market Analysis
The Controlled Release Fertilizer Market size is estimated at USD 1.28 billion in 2024, and is expected to reach USD 2 billion by 2030, growing at a CAGR of 7.72% during the forecast period (2024-2030).
- Polymer Coated is the Largest Coating Type: 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.
- Field Crops is the Largest Crop Type: Field crops are widely cultivated across the world & are staple food in many parts of the world. They account for maximum share by area in most of the Agricultural countries.
- United States is the Largest Country: The efficient nutrient release led to decreased leaching, and volatilization of the nutrients which are the major factors driving the coated CRF market in the country.
