Controlled Release Fertilizers Market To Increase at Steady Growth Rate

 The agriculture sector is the largest consumer of controlled release fertilizers, and this factor has given a thrust to market growth. The need for improving the performance of the agriculture sector has paved way for formidable developments and technological advances within the industry. Researchers have vested their time and resources to study soil response to various chemicals and fertilizers. Moreover, the agriculture sector has become more liberal in the use of pesticides, insecticides, and fertilizers to enhance productivity. All of the aforementioned trends have gathered momentum even as the agriculture industry comes under pinpoint scrutiny from leading authorities. Use of controlled release fertilizers has helped in increasing the yield and enhancing the performance of several food crops. This factor is at the forefront of growth within the global market.

The use of controlled release fertilizers has been approved by regulatory bodies, and this is an important move for the agriculture sector. The ever-increasing population has put pressure on the agriculture sector to outperform in times of instability and challenges. For this reason, farmers and large agriculturists resort to the use of external chemicals to accelerate the cultivation and harvesting cycle. Use of controlled release fertilizers is also a part of this scheme to accelerate agricultural processes. The agriculture sector is making ceaseless efforts to ensure optimal growth and productivity of cash and food crops. As governments reciprocate to the demand of this sector, farmers will be in a better position to finance their requirements.

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In this report preview, Transparency Market Research (TMR) reviews some of the prominent trends operating in the global controlled release fertilizers market. The global controlled release fertilizers market is at an important juncture, as new investors show interest in putting their funds in the agriculture sector. There is unprecedented need for increasing the productivity of this sector, and this factor has reflected in the changing preferences of agriculturists. This review reviews various segments pertaining to the global controlled release fertilizers market, and gives a comprehensive outlook on market growth and maturity. Moreover, the advantages of organic fertilizers in the agriculture sector are well-known, creating new opportunities for market maturity.

controlled-release-fertilizers-market

Use of Fertilizers in Horticulture to Gather Momentum

The horticulture industry is growing at a stellar pace, and several new technologies have come to the fore in recent times. There is humongous demand for new techniques to accelerate the production of fruits, vegetables, and eatable plants. Based on application, the global controlled release fertilizers market is segmented into oilseeds & pulses, cereals & grains, fruits & vegetables, turf, and ornamental plants, among others. Use of these fertilizers for enhancing the growth of fruits and vegetables has increased by a dramatic pace. Besides, cereals and oilseeds are also a prominent end-use segment for the product.

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Based on product analysis, the global controlled release fertilizers market can be segmented by polymer coated urea, polymer sulfur coated urea/sulfur coated urea, and polymer coated NPK fertilizer. The use of these products is defined by the type of farming, and urea is extensively used for enhancing the growth of food crops.

Asia Pacific to Emerge as Key Regional Market

In the contemporary times, every region has shown a sense of accountability to improve its agriculture sector. This trend is reflected in the growth of the global controlled-release fertilizers market. On the basis of geography, the global controlled release fertilizers market can be segmented into South America, Asia Pacific, Europe, Middle East, and North America. The agricultural sector of Asia Pacific hosts a large number of farmers, labourers, and other field workers. This trend has played an integral role in driving demand for controlled-release fertilizers across the region.

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