Market Trends of india controlled release fertilizer Industry
This section covers the major market trends shaping the India Controlled Release Fertilizer Market according to our research experts:
Polymer Coated is the largest segment by Coating Type.
- Controlled-release fertilizer is an innovative technique that extends nutrient release time by 3, 6, 12 or even 15 months.
- The controlled-release fertilizer market in the country has shown an increase in market value by 90.0%, whereas consumption volume increased notably by 52.9% during the study period. The main reason for this is the Government of India making it mandatory for all domestic producers of urea to produce 100% neem-coated urea and distribute it at a subsidized price to the farmers.
- Field crops dominated the Indian controlled-release fertilizers market, with consumption volume accounting for 81.5% of the market, followed by horticultural crops at 17.9% in 2021 because field crops occupy 95.0% of the cultivated area. Major field crops of India include rice, wheat, millet, maize, pulses, sugarcane, and oilseeds.
- Controlled-release urea is the most used form of CRF in India. Nitrogen loss is one of the main problems faced by rice farmers, and the efficiency of nitrogen utilization in rice is often inadequate due to the large loss of nitrogen caused by volatilization, leaching, and denitrification. One way to improve nitrogen efficiency is to use controlled-release urea. Controlled-release urea generally outperformed granular urea fertilizers in reducing nitrogen loss, stimulating plant growth, and increasing nitrogen concentration.
- Growing concerns regarding health have pushed people to take health-related problems seriously. Increasing inclination toward environmental pollution along with no leaching property of CRF is positively influencing the controlled-release fertilizers industry in the country.
Understand The Key Trends Shaping This Market
Download Sample
