Asia Pacific Controlled Release Fertilizers Market: Demand Is Stoked as Agriculturists Look to Upgrade Farming Methods, Says TMR
Businesses operating in the Asia Pacific controlled release fertilizers market are facing intense competition, despite its otherwise consolidated vendor landscape. According to a new study by Transparency Market Research (TMR), the top two players, vis-à-vis, Shandong Shikefeng Chemical and Kingenta Ecological Engineering held nearly 50% of the market in 2014. "While it might take some time before the current scenario in the market is changed, companies are leaving no stone unturned to strengthen their foothold," said a lead TMR analyst.
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