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Brandessence Market Research recently added the Controlled Release Fertilizers Market research report which offers a thorough study of the market scenario regarding the market size, share, demand, growth, trends, and forecast from 2020-2026. The report deals with the impact analysis of the COVID-19 pandemic. The COVID-19 pandemic has impacted exports, imports, demand and trends in the industry and is expected to have some economic impact on the market. The report offers a comprehensive analysis of the impact of the pandemic across the industry and provides insights into a post-COVID-19 market scenario.
Due to the rise in urbanization, increasing use of the land and the depletion of the productive land for the usage have been raising a major challenging question about the reduction in agricultural yield. Hence, the global controlled-release fertilizers market is boosting foe this major reason. The global controlled-release fertilizers market has shown growth in the previous few years.
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Scope of The Report:
There are factors like the people struggling with issues of the food security and the issues demand for meeting the demand for overpopulation and food have been leading the farmers majorly for using the controlled release of fertilizers for increase in the yield. The modernized equipment which has been used by the farmers for enhancing the productivity of farms. There is also the factor of global warming and the lack of rain which is making people prefer the controlled release fertilizers for maintaining the consistent gains supply.
A few of the leading players in the global controlled-release fertilizers market are,
Agrium Inc, AgroBridge, Greenfeed, Agrium, Haifa Chemicals Ltd, Ekompany, Shikefeng Chemical Industry
The global market of controlled-release fertilizers has been segmented on the basis of products like the polymer sulfur coated, Polymer-Coated NPK fertilizer, polymer-coated urea and the other micronutrients. Among these, the polymer sulfur coated urea is the segment which is leading in the market of the world. The demand for this kind of urea is expected to grow and that is why it is going to stay the leading segment in the market globally. This is because of the characteristics of labor saving and also resource saving and also being environment-friendly.
Controlled-Release Fertilizers Market Key Segments:
By Type:
Slow-release, Coated & encapsulated, Nitrogen stabilizers (N-Stabilizers)
By Crop Type:
Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Plantation crops, Turf & ornamentals, Other
By Application Type
Foliar application, Fertigation, Other
Increase In Environmental Awareness Leading To The Growth In The Global Controlled-Release Fertilizers Market.
The increase in awareness among the farmers regarding the harmful effects of the fertilizers on environment has been leading to an increase in the adoption of the advanced fertilizers. Controlled-Release Fertilizers market has been increasing the yield and reducing the efforts of labor by the farmers have been anticipating for boosting the growth in the global controlled-release fertilizers market in the coming years. The demand escalation in the high value food items and the increase in disposable incomes has created a huge demand for the food. The farmers have been focusing on use of the modernized equipment for catering to the increase and diverse needs of this consumers. Conversely, the nature of the climate being unpredictable may restrain the controlled-release fertilizers market and its growth to a bit of extent. Though, a lot of people have been quick to accept the other occupations like farming and therefore it is a significant challenge to the global Controlled-Release Fertilizers market.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
China, Thailand and India Expected To Be The Biggest Regions Dominating Global Controlled-Release Fertilizers Market
In terms of region, the market has been divided into the sectors of Europe, North America, Latin America, Asia- Pacific and the region of the Middle East & Africa. The region of Asia Pacific which is the dominating region for the controlled release fertilizers all over the world. The major countries in the region is possessing the economies of agro based. The region of Asia Pacific has been anticipating the growth and therefore owing to the demand increase from the developing economies like China, Thailand and India. There has been an increase in the population base for the Asia Pacific region but the problems arise that people are not really aware of these benefits of the fertilizers and the higher prize might be discouraging the people in the region.
Full Research Report @ https://brandessenceresearch.com/agriculture/controlled-release-fertilizers-market-size
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