Controlled and slow release fertilizers are fertilizers that release nutrients over a longer time frame compared to the traditional fertilizers. Those sorts of fertilizers are produced either by way of the condensation response or via encapsulation or coating of the fertilizers granule with polymers, sulfur and different forms of coatings.
The durability of the Controlled and slow release fertilizers is depending on its water solubility, permeability of the coating and the temperature of the soil wherein it is carried out. The gradual and managed release of nutrients facilitates plant life grow correctly, thereby ensuing in higher yields.
Market insights propose that the global Controlled and slow release fertilizers market will witness high boom during the forecast duration, which can be attributed to the growing populace and decreasing agricultural land. Developing food intake and growing want for powerful fertilizers are pushing the market for Controlled and slow release fertilizers. The want for better output with fewer resources is the using the development of new technology inside the agricultural industry. With the use of conventional fertilizers, it isn’t always viable to fulfill the developing call for for food.
The use of Controlled and slow release fertilizers improves the yield and saves labour. New trends including boom within the longevity and overall performance of lined fertilizers are pushing the market for Controlled and slow release fertilizers in agricultural as well as commercial programs. The gradual release of vitamins allows fertilizers to final longer and thereby boom fertilizer performance, that is riding the demand for Controlled and slow release fertilizers.
Urea response products also accounted for a large share of the Controlled and slow release fertilizers market; however, the growing reputation of encapsulated coated fertilizers is anticipated to dominate the urea reaction product phase during the forecast length. The advanced longevity of encapsulated/coated products as compared to that of urea reaction products is anticipated to push the boom of the encapsulated/ covered section during the forecast.
Global Controlled and Slow Release Fertilizers Market Competition Landscape
The report highlights some of the top companies operating in the global controalled and slow release fertilizers market, including Kingenta Ecological Engineering Group Co. Ltd., Israel Chemicals Ltd (ICL), Yara International ASA, Agrium Inc., Haifa Chemicals Ltd., Koch Fertilizer LLC and Aglukon Spezialduenger GmbH & Co. KG., among others.
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Global Controlled and Slow Release Fertilizers Market Regional Forecast
Regionally, APEJ accounted for over 47% of the global controlled and slow release fertilizers market value while North America accounted for the second largest share in the controlled and slow release fertilizers market. APEJ is projected to be the fastest growing region with a CAGR of 11.5% during the forecast period. Large population base and rapid population growth, improving economic conditions, change in eating habits and increasing food consumption are some of the important factors driving the demand for controlled and slow release fertilizers.