Controlled Release Fertilizers Market: By Product Type, By Application and Geography   

Controlled Release Fertilizers Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Polymer coated NPK fertilizer, Polymer sulphur coated urea/sulphur coated urea, Polymer coated urea), By Application (Fruits & vegetables, Cereals & Grains, Oilseeds & Pulses) and Region   

Controlled release fertilizers market size was valued at US$ 3.4 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030. The market is the customized fertilizers that are coated to provide the long-lasting effect on soil. These are the granulated fertilizers which gradually releases nutrients and minerals into the soil. As the traditional fertilizers are soluble in water, nutrients will be dispersed quickly.

Hence farmers are adopting usage of controlled release fertilizers as they are insoluble in water and the dispersion of the nutrients will be slow and sustainable. Controlled Release Fertilizers are highly used in the cultivation of pulses, cereals, grains, fruits and vegetable and oilseeds. Controlled release fertilizers can also be used for growing ornamental and turf plants. Most farmers use Controlled release fertilizer in grains and cereals crops. Market players of controlled-release fertilizers are adopting various growth strategies like acquisitions, new product launches, collaborations and geographical expansions and investments in order gain the upper hand in the market.  

Key Developments:

  • On September 01, 2022: ICL has launched Groundbreaking Biodegradable Coated Fertilizer Technology. First-of-its-kind release technology is a major advancement for sustainable agriculture and food security and will allow farmers to meet 2026 EU fertilizer standards           
  • On June 13, 2024: Nousbo Co., Ltd., a South Korean company recognized for its advanced controlled-release fertilizer (CRF) technology, has entered into a Memorandum of Understanding (MOU) with SK Leaveo, a subsidiary of SKC focused on eco-friendly materials. This partnership aims to develop and commercialize biodegradable CRFs that align with sustainable agricultural practices.            

Global Controlled Release Fertilizers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.3%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America

Controlled Release Fertilizers Market Dynamics

Increasing demand for high-efficiency fertilizers, shrinking farmland and land productivity, and the environment-friendly operation mode of these fertilizers are the key factors driving the market demand for controlled release fertilizers. The gradual increase in global population, rising demand for a productivity of crops are expected to accelerate the growth of the market. As per to the report of Food and Agriculture Organization, the arable land ratio has been dropped to 0.197 hectares/person globally in 2013. However, regulatory and environmental constraints for some coated products and high manufacturing costs restrain the market.

Global Controlled Release Fertilizers Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 3.4 billion

Market CAGR

6.3%

By Product Type

  • Polymer coated NPK fertilizer
  • Polymer sulphur coated urea/sulphur coated urea
  • Polymer coated urea

By Application

  • Fruits & vegetables
  • Cereals & Grains
  • Oilseeds & Pulses

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The controlled release fertilizers market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The global controlled release fertilizers market size was valued at US$ 3.4 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.

increasing health concerns has boosted the growth of the industry.

Asia Pacific is the fastest-growing for controlled release fertilizers market

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary
2. Global Controlled Release Fertilizers Market Introduction 
2.1.Global Controlled Release Fertilizers Market  - Taxonomy
2.2.Global Controlled Release Fertilizers Market  - Definitions
2.2.1.Product Type
2.2.2.Application
2.2.3.Region
3. Global Controlled Release Fertilizers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Controlled Release Fertilizers Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Controlled Release Fertilizers Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Polymer coated NPK fertilizer
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Polymer sulphur coated urea/sulphur coated urea
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Polymer coated urea
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Controlled Release Fertilizers Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Fruits & vegetables
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Cereals & Grains
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Oilseeds & Pulses
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7. Global Controlled Release Fertilizers Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. North America Controlled Release Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Polymer coated NPK fertilizer
8.1.2.Polymer sulphur coated urea/sulphur coated urea
8.1.3.Polymer coated urea
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Fruits & vegetables
8.2.2.Cereals & Grains
8.2.3.Oilseeds & Pulses
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9. Europe Controlled Release Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Polymer coated NPK fertilizer
9.1.2.Polymer sulphur coated urea/sulphur coated urea
9.1.3.Polymer coated urea
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Fruits & vegetables
9.2.2.Cereals & Grains
9.2.3.Oilseeds & Pulses
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
9.3.7.
10. Asia Pacific (APAC) Controlled Release Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Polymer coated NPK fertilizer
10.1.2.Polymer sulphur coated urea/sulphur coated urea
10.1.3.Polymer coated urea
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Fruits & vegetables
10.2.2.Cereals & Grains
10.2.3.Oilseeds & Pulses
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11. Middle East and Africa (MEA) Controlled Release Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Polymer coated NPK fertilizer
11.1.2.Polymer sulphur coated urea/sulphur coated urea
11.1.3.Polymer coated urea
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Fruits & vegetables
11.2.2.Cereals & Grains
11.2.3.Oilseeds & Pulses
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12. Latin America Controlled Release Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Polymer coated NPK fertilizer
12.1.2.Polymer sulphur coated urea/sulphur coated urea
12.1.3.Polymer coated urea
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Fruits & vegetables
12.2.2.Cereals & Grains
12.2.3.Oilseeds & Pulses
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Kingenta Ecological Engineering Group Co. Ltd. (China)
13.2.2.EuroChem Agro Gmbh (Germany)
13.2.3.Yara International ASA (Norway)
13.2.4.Haifa Chemicals Ltd. (Israel),
13.2.5.Agrium, Inc. (Canada)
13.2.6.The Chisso Corporation (Japan)
13.2.7.The Scotts Miracle-Gro Company (Ohio) Nufarm Ltd. (Australia)
13.2.8. Israel Chemicals Ltd. (Israel).
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Kingenta Ecological Engineering Group Co. Ltd. (China)
  • EuroChem Agro Gmbh (Germany)
  • Yara International ASA (Norway)
  • Haifa Chemicals Ltd. (Israel),
  • Agrium, Inc. (Canada)
  • The Chisso Corporation (Japan)
  • The Scotts Miracle-Gro Company (Ohio) Nufarm Ltd. (Australia)
  •  Israel Chemicals Ltd. (Israel).

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