The Controlled Release Fertilizer Global Market Report 2023, provides comprehensive information on the controlled release fertilizer market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Controlled Release Fertilizer Global Market Report 2023, the market size is expected to grow from $2.84 billion in 2022 to $3.04 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global controlled release fertilizer is expected to grow to $3.95 billion in 2027 at a CAGR of 6.7%.
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The controlled release fertilizer market is segmented:
1) By Product: Polymer Sulfur Coated Urea/Sulfur Coated Urea, Polymer Coated Urea, Polymer Coated NPK
2) By Form: Liquid, Granular, Powder
3) By Application: Foliar, Fertigation, Soil, Other Applications
4) By End-Use: Agriculture, Cereals And Grains, Oilseeds And Pulses, Vegetables, Fruits And Plantation Crops
Asia-Pacific was the largest region in the controlled release fertilizer market in 2022.
The table of contents in TBRC’s controlled release fertilizer market report includes:
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