Albany, NY -- (SBWIRE) -- 12/31/2018 -- A recent report by ResearchMoz.us, titled, "Controlled and Slow Release Fertilizers Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028," presents thorough insight into it by factoring in the growth drivers and restraints. The report also segments the market based on different parameters and examines which segments hold out maximum potential. It also glances at the competitive dynamics and the opportunities and pitfalls awaiting players. The report finds that the global controlled and slow release fertilizers market would rise at a healthy 9.1% CAGR from 2018 to 2028.
Controlled and slow release fertilizers are a certain type of fertilizers that control or delay the release of ingredients. They are mainly used for controlled release of nutrients for the plants' uptake. Such fertilizers are usually coated and the duration of the release can be managed with the degree of coatings. In fact, their release and longevity can be controlled from 2 months to 24 months. A noticeable trend in the global controlled and slow release fertilizers market is the thrust on research of affordable polymer coatings for coated and encapsulated fertilizers.
Mainly fuelling the global controlled and slow release fertilizers market is the surging population worldwide. This has necessitated optimizing food production so that very little crop gets wasted and those produced are of good quality. Other factors having a positive impact on the market is the swift pace of economic growth and subsidies provided by governments. Besides, continued product development using latest technologies is benefitting the market too.
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Having thrown light on the opportunities, the report segments the global controlled and slow release fertilizers market on the basis of products into polymer coated, encapsulated/coated, hybrid coating, sulfur coating, urea reaction products, and others. The report finds that controlled and slow release fertilizers find usage in a variety of applications and improve the efficiency of fertilizers. Those are used in agricultural lands and commercial lawns and turfs.
Currently, sulfur is seeing widespread uptake as the coating material. Sulfur-coated fertilizers are used mostly in developing nations since they are low cost. To further lower costs, farmers in these regions combine coated fertilizers with the conventional ones. This is one trend affecting the global controlled and slow release fertilizers market.
The different types of products in the global controlled and slow release fertilizers market can be broadly categorized into urea reaction products, polymer coated, encapsulated/coated, hybrid coated, sulfur coated, and others.
With respect to geography, the global controlled and slow release fertilizers market is segmented into Asia Pacific, Europe, Middle East and Africa, and North America. At present, the U.S. accounts for highest uptake of the product for large-scale wheat and corn cultivation. This makes North America the dominant region. Other prominent regions contributing substantially to the global controlled and slow release fertilizers market are China and India in Asia Pacific.
Prominent participants in the global controlled and slow release fertilizer market are Haifa Chemicals Ltd., AGLUKON Spezialduenger GmbH & Co. KG, Yara International ASA, Kingenta Ecological Engineering Group Co. Ltd., Koch Fertilizer, LLC, and Israel Chemicals Ltd (ICL).
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