Market Size of india controlled release fertilizer Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2030 | |
Market Size (2024) | USD 44.87 Million | |
Market Size (2030) | USD 68.60 Million | |
Largest Share by Coating Type | Polymer Coated | |
CAGR (2024 - 2030) | 7.33 % | |
Fastest Growing by Coating Type | Polymer-Sulfur Coated | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Controlled Release Fertilizer Market Analysis
The India Controlled Release Fertilizer Market size is estimated at USD 44.87 million in 2024, and is expected to reach USD 68.60 million by 2030, growing at a CAGR of 7.33% during the forecast period (2024-2030).
- Largest Segment by Type - Straight : Complex controlled release fertilizers can provide multiple nutrients at a constant rate to the crops, that it does not loose nutrients due to leaching or volitilization.
- 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 : The domination of field crops in Fertilizers market is mainly due to its large cultivation area in the country. They account for more than 95% of total crop area.