Market Size of north america controlled release fertilizer Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2030 | |
Market Size (2024) | USD 570.15 Million | |
Market Size (2030) | USD 900.40 Million | |
Largest Share by Coating Type | Polymer Coated | |
CAGR (2024 - 2030) | 7.91 % | |
Largest Share by Country | United States | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Controlled Release Fertilizer Market Analysis
The North America Controlled Release Fertilizer Market size is estimated at USD 570.15 million in 2024, and is expected to reach USD 900.40 million by 2030, growing at a CAGR of 7.91% during the forecast period (2024-2030).
- Largest Segment by Type - Straight : CRF Urea releases nitrogen in a gradual manner. As nitrogen is the most applied fertilizer, CRF urea can prevent nitrogen mineralization that degrades the soil quality.
- Largest Segment by Coating Type - Polymer Coated : These fertilizers effectively supply all the essential primary and secondary nutrients, coupled with micronutrients, reducing the need for multiple fertilizer applications.
- Largest Segment by Crop Type - Field Crops : Field crops dominate the North American fertilizers market due to the large cultivation area in the region. Field crops account for more than 95% of the total crop area.
- Largest segment by Country - United States : The United States accounts for about 69% of the total agricultural crop area in the region. The country is one of the major producers of fertilizers in North America.