Controlled Release Fertilizers Market - By Type (Magnesium ammonium phosphate, Oxalic acid diamide, Potassium calcium phosphate, Potassium poly-phosphate), By Application (Fertigation, Foliar, Soil), By End-Use & Forecast, 2024-2032

Controlled Release Fertilizers Market Size

Controlled Release Fertilizers Market has a size of USD 2.5 billion in 2023 and is projected to expand at over 10.6% CAGR from 2024 to 2032. Controlled release fertilizers (CRFs) are a specialized type of fertilizer crafted to gradually release nutrients, aligning with plants nutrient uptake rhythms. These fertilizers are enveloped in coatings, typically polymers or sulfur, which regulate nutrient release rates. This not only curbs leaching and volatilization losses but also boosts nutrient efficiency, elevates crop yields, and lessens environmental footprints.
 

CRFs find applications in agriculture, horticulture, turf management, and even home gardening. As the world pivots towards sustainable farming, CRFs are witnessing a surge in adoption. This surge is fueled by the dual goals of optimizing fertilizer usage and championing environmental sustainability, all while striving to meet the escalating demands of global food production. According to the United States Department of Agriculture (USDA), the adoption of CRFs has increased by 15% annually over the past five years, reflecting their growing importance in modern agriculture.
 

Controlled release fertilizers (CRFs) are witnessing a surge in demand driven by several factors. Firstly, the imperative for sustainable agricultural practices is propelling their adoption. CRFs play a pivotal role in curbing nutrient runoff and mitigating environmental pollution, aligning with the global push for eco-conscious farming. According to the USDA, nutrient runoff reduction can lead to a 30% decrease in water pollution. Moreover, with the world's escalating appetite for food, there's a pressing need for enhanced crop yields and more effective nutrient management, a gap that CRFs adeptly fill.
 

The FAO reports that global food demand is expected to increase by 70% by 2050. Advancements in coating materials are bolstering the efficacy and cost-efficiency of CRFs, further underlining their appeal. Government initiatives and subsidies favoring eco-friendly fertilizers, coupled with a growing farmer awareness regarding the advantages of CRFs, are pivotal in driving their uptake. Lastly, the burgeoning horticulture and turf management sectors are amplifying the demand for CRFs, given their ability to ensure a steady nutrient supply and foster robust plant growth.
 

The controlled release fertilizers (CRFs) market faces challenges such as high production costs, which make them less affordable for many farmers compared to conventional fertilizers. Limited awareness and knowledge about CRFs, particularly in developing regions, hinder their adoption. The complexity of application and variability in nutrient release rates due to environmental factors can also affect their effectiveness. Additionally, stringent regulatory requirements and the dominance of traditional fertilizers in the market pose significant barriers to entry and growth for CRF manufacturers. Overcoming these challenges requires targeted education, technological advancements, and supportive policies to promote the benefits and efficient use of CRFs.
 

Controlled Release Fertilizers Market Trends

The controlled release fertilizers (CRFs) market is witnessing a surge in adoption, primarily fueled by the increasing emphasis on sustainable agriculture and the need for higher crop yields. According to the United States Department of Agriculture (USDA), the adoption of sustainable farming practices has increased by 15% over the past five years. Technological advancements in coating are amplifying the efficiency and cost-effectiveness of CRFs. Precision agriculture is gaining traction, underscoring the pivotal role CRFs play in fine-tuning nutrient delivery.
 

Moreover, escalating government backing and subsidies for eco-friendly fertilizers are propelling market expansion. The Environmental Protection Agency (EPA) reports a 20% increase in funding for eco-friendly agricultural practices in 2023. Concurrently, the horticulture and turf management sectors are witnessing growth, further bolstering the demand for CRFs. Collectively, these trends underscore the market's shift towards heightened environmental sustainability and enhanced agricultural productivity.
 

Controlled Release Fertilizers Market Analysis

The magnesium ammonium phosphate in market is slated to exceed USD 1.7 billion by 2032 with a CAGR of 10%. Magnesium ammonium phosphate (MAP), also known as struvite, holds significant potential in the controlled release fertilizers (CRFs) market. Its slow solubility ensures a gradual release of essential nutrients, particularly phosphorus and nitrogen, enhancing nutrient use efficiency and reducing leaching losses. MAP's environmentally friendly profile aligns with the increasing demand for sustainable agricultural practices. It can be produced from waste streams, promoting circular economy principles. The expanding awareness and adoption of precision agriculture further drive the scope of MAP in CRFs, offering a sustainable solution for improving crop yields and soil health while minimizing environmental impact.
 

The controlled release fertilizers market share from the soil segment will observe around 10.3% CAGR through 2032 with a market size of USD 3.4 billion by 2032. The soil segment in the application of controlled release fertilizers (CRFs) holds significant scope due to its critical role in enhancing soil fertility and crop productivity. CRFs in soil applications provide a steady nutrient supply, reducing the frequency of fertilization and minimizing nutrient leaching and runoff, which benefits both crops and the environment. This segment is particularly vital for sustainable agriculture, precision farming, and horticulture, where soil health is paramount. As farmers and agronomists increasingly recognize the advantages of CRFs in improving yield and reducing environmental impact, the soil segment is expected to see robust growth in the CRFs market.
 

The controlled release fertilizers market share from the agricultural segment will observe around 10.4% CAGR through 2032 with a market size of USD 4.9 billion by 2032. The agricultural segment holds significant scope in the controlled release fertilizers (CRFs) market due to its pivotal role in enhancing crop productivity and sustainability. CRFs are increasingly used in various crops, including cereals, vegetables, fruits, and cash crops, to provide a steady nutrient supply, improve nutrient use efficiency, and reduce environmental impact. Their application in precision agriculture supports tailored nutrient delivery, which aligns with modern farming practices aimed at maximizing yields and minimizing waste. The growing focus on sustainable farming and the need for efficient resource use further expand the scope of CRFs in agriculture, driving widespread adoption and innovation.
 

North America controlled release fertilizers market will record a market size of about USD 2 billion in 2032 and 10.4% CAGR during 2024 and 2032. The controlled release fertilizers (CRFs) market in North America is characterized by robust growth, driven by the region's emphasis on advanced agricultural practices and sustainability. The demand for CRFs is fueled by the need for efficient nutrient management and reduced environmental impact, aligning with the region’s focus on precision agriculture. Key markets include the United States and Canada, where large-scale farming operations benefit from CRFs' ability to enhance crop yields and minimize nutrient losses. Technological advancements and government support for sustainable farming practices further propel market expansion. The growing adoption of eco-friendly and high-performance fertilizers is shaping the North American CRFs market.
 

Controlled Release Fertilizers Market Share

Companies in the controlled release fertilizers (CRFs) market are adopting strategies such as investing in advanced coating technologies to improve nutrient release efficiency and product performance. They focus on research and development to innovate and create cost-effective solutions. Strategic partnerships and collaborations with agricultural research institutions help in understanding farmer needs and enhancing product offerings. Additionally, companies are expanding their market presence through targeted marketing and education programs to increase awareness and adoption. Leveraging government subsidies and incentives for sustainable agriculture also supports their growth. Furthermore, they are diversifying product portfolios to cater to various crops and agricultural practices.
 

Controlled Release Fertilizers Market Companies

Top companies operating in the industry include:

• Yara
• Nutrien Ltd.
• Mosaic
• ICL
• Nufarm
• Kingenta
• ScottsMiracle-Gro
• Koch Industries
• Helena Chemicals
• SQM
• Haifa Chemicals
• AGLUKON
   

Controlled Release Fertilizers Industry News

• In February 2022, ICL's introduced lawn care fertilizers containing either urea coated with sulfur and a biodegradable polymer membrane (Poly-S) or resin-coated nitrogen combined with phosphorus and potash (PACE). This avoids uncontrolled shock growth, which means less mowing effort. The fertilizers are particularly easy and safe to use and are suitable for robotic lawnmowers.
   

The controlled release fertilizers market research report includes in-depth coverage of the industry, with estimates and forecasts in terms of revenue and volume (USD Billion) (Kilo Tons) from 2024 to 2032, for the following segments:

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Market, By Type

• Magnesium ammonium phosphate
• Oxalic acid diamide
• Potassium calcium phosphate
• Potassium poly-phosphate
• Others

Market, By Application

• Fertigation
• Foliar
• Soil

Market, By End-Use

• Agricultural
• Non-Agricultural

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA