Controlled-release Fertilizers Market

Nutrien Ltd. (Canada) and Kingenta (China) are the leading Players in the Controlled-release Fertilizers Market

The controlled-release fertilizers market is projected to reach USD 3.2 billion by 2025 from USD 2.4 billion in 2020, at a CAGR of 6.3% from 2020. The market is driven by the ability of fertilizers to efficiently utilize nitrogen with precise control over situations under which the nutrient is released, and its reduced impact on the environment

Key players in the controlled-fertilizers market include Nutrien Ltd. (Canada), Yara International ASA (Norway), ICL (Israel), ScottsMiracle-Gro (US), Koch Industries (US), Helena Chemical (US), Kingenta (China), SQM (Chile), Haifa Chemicals (Israel), JCAM AGRI. (Japan), COMPO EXPERT (Germany), Nufarm Ltd. (Australia), The Andersons Inc. (US), Van Iperen International (Netherlands), Mosaic Company (US), OCI Nitrogen (Netherlands), AgroLiquid (US), DeltaChem (Germany), SK Specialties (Malaysia), and Pursell Agri-Tech (US).

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Nutrien Ltd. (Canada) has the largest crop nutrient product portfolio, which is combined with a global retail distribution network that includes more than 1,500 farm retail centers. The company is a leading manufacturer and distributes over 27 million tonnes (29.76 million tons) of nitrogen, potash, and phosphate products for industrial, agricultural, and feed customers worldwide. The company is recognized as a leader in the controlled-release fertilizer industry globally. With this capability and efficient agriculture retail network, the company is well-positioned to cater to the needs of its customers worldwide. The company opted for acquisitions as a key growth strategy; it acquired various leading agricultural service providers such as Ruralco Holdings Limited (Ruralco) in Australia and Van Horn, Inc. (Van Horn), a leading US retailer. The company also adopted agreements and investments as its growth strategies in two years. These strategies will aid the company in gaining a competitive edge in the controlled-release fertilizers market.

Kingenta (China) is a leading Chinese organization that operates in the market for high-end solutions for crops. The company is involved in the research & development, production, and marketing of specialty fertilizers. Kingenta has active cooperation with major American universities, including the University of Cornell and three test stations of the US Department of Agriculture, jointly owned for R&D, application, and promotion of S/CRF and other specialty fertilizers. It is a key Chinese enterprise devoted to the production of different types of fertilizers. The company has made strategic alliances within the domestic fertilizer industry to maintain a substantial presence on the research platform that enables the company to develop new products. The company adopted partnerships as a strategy for the expansion of its existing business operations. The company has developed “The National SCRF Research Center” for extensive research activities on controlled-release fertilizers. The company, keeping in view the long term sustainability of the environment, has developed new controlled-release fertilizers that contain biodegradable polymer and hence cater to the needs of farmers, ensuring lesser pollution of natural resources.

Related Reports:

Controlled-release Fertilizers Market by Type (Slow-release, Coated & Encapsulated, N-Stabilizers), End-Use (Agricultural & Non-agricultural), Mode of Application (Fertigation, Foliar, and Soil), and Region - Global Forecast to 2025

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Report Code
AGI 2748
RI Published ON
3/9/2020
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