Lucintel Forecasts the Global Controlled Release Fertilizer Market to Reach $4.9 billion by 2030
Lucintel Forecasts the Global Controlled Release Fertilizer Market to Reach $4.9 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global controlled release fertilizer market looks promising with opportunities in the agriculture and non-agriculture markets. The global controlled release fertilizer market is expected to reach an estimated $4.9 billion by 2030 from $3.3 billion in 2024,at a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing need for higher agricultural productivity, rise in the acceptance of precision farming technology, and expanding preference for controlled-release fertilizers.
A more than 150-page report to understand trends, opportunity and forecast in controlled release fertilizer market to 2030 by type (slow release, nitrogen stabilizers, and coated & encapsulated), mode of application (foliar, fertigation, and soil), end use (agricultural and non-agricultural), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the mode of application category, soil will remain larger segment over the forecasts period.
Within the end use category, non-agricultural will remain the largest segment over the forecasts period.
Download sample by clicking on controlled release fertilizer market
In terms of regions, APAC will remain the largest region over the forecasts period.
ICL Group, AGLUKON, PursellAgri-Tech, ScottsMiracle, Kingenta, Koch Industries, Ekompany, JNC, Yara, Helena Chemical Company are the major suppliers in the controlled release fertilizer market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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