市場調查報告書
商品編碼
1566328
緩功效性肥料的全球市場的評估:各類型,各塗佈形態,各作物類型,各地區,機會,預測,2017年~2031年Controlled Release Fertilizers Market Assessment, By Type, By Mode of Application, By Crop Type, By Region, Opportunities and Forecast, 2017-2031F |
全球緩釋肥料 (CRF) 市場規模將從 2023 年的 26.8 億美元成長到 2031 年的 46.1 億美元,預計 2024-2031 年複合年增長率為 7.01%。在永續農業實踐、糧食安全和作物養分有效利用的推動下,全球對緩效肥料的需求正在上升。緩釋肥料旨在減緩養分向作物的釋放,減少養分因淋溶和揮發而損失,提高作物產量,保護環境。這些肥料廣泛用於農業、園藝和觀賞景觀,並且越來越多地用於水果、蔬菜和穀物等高價值作物領域。
由於技術的發展,特別是聚合物塗層和封裝技術的進步,緩釋肥料的效率得到了提升。這使得營養物質的釋放更加精確和持續。這使得農民可以減少施肥次數,從而顯著降低勞動力和營運成本。膠囊化和包膜化肥產品(例如聚合物包膜尿素)的需求量不斷增加,因為它們能夠有效提供氮(植物必需的營養物質)。為了因應肥料使用量的增加,2023 年 9 月,Sollio Cooperative Group 旗下的 Sollio Agriculture 在加拿大安大略省開設了一家新的緩釋肥料生產廠 CRF Agritech。該廠年生產量超過10萬噸。該工廠採用 Pursell Agri-Tech, LLC 的專有塗層技術生產 PurYield,可減少 30% 的溫室氣體排放。
然而,儘管前景光明,但也存在一些障礙,例如與一般化肥相比初始成本較高,以及小規模農民缺乏認識,我不知道這可能會阻礙大規模採用。然而,由於世界各地對永續農業的重視,緩釋肥料市場預計將顯著成長。
本報告提供全球緩功效性肥料市場相關調查,提供市場概要,以及各類型,各塗佈形態,各作物類型,各地區趨勢,及加入此市場的主要企業簡介等資訊。
Global controlled release fertilizers (CRF) market is projected to witness a CAGR of 7.01% during the forecast period 2024-2031, growing from USD 2.68 billion in 2023 to USD 4.61 billion in 2031. The global demand for controlled-release fertilizers is on the rise, and the growth is attributed to sustainable agriculture practices, food security, and the efficient utilization of nutrients in crops. Controlled release fertilizers are developed in such a way that they slow down the nutrient release to the crops to reduce the nutrient loss to leaching and volatilization, improving crop yields, and protecting the environment. These fertilizers are widely used in agriculture, horticulture, and the ornamental landscape, with their increasing utilization in high-value crop sectors such as fruits, vegetables, and cereals.
The efficiency of controlled release fertilizers is being enhanced by technological developments, especially with the advancements made in polymer coatings and encapsulation technologies. It enables a more precise and sustained release of nutrients. This enables farmers to cut down the number of fertilizer applications, which significantly reduces labor and operational costs. Encapsulated and coated fertilizer products, such as polymer-coated urea, are witnessing a rise in demand based on their effectiveness in providing nitrogen, which is an essential nutrient for plants. Witnessing the growing usage of these fertilizers, in September 2023, Sollio Agriculture, owned by Sollio Cooperative Group, set up its new plant for controlled-release fertilizer production, CRF Agritech, in Ontario, Canada. The plant has an annual production capacity of over 100,000 tons. Using the unique coating technology by Pursell Agri-Tech, LLC, the plant manufactures PurYield, which reduces greenhouse gas emissions by 30%.
However, several obstacles, including higher initial expenses than most chemical fertilizers and lack of awareness among small-scale farmers, might hinder mass adoption even though the prospects are optimistic. Nevertheless, owing to the emphasis on sustainable agriculture across the globe, controlled release fertilizers market is expected to witness significant growth.
New Grower Practices Catalyze Market Expansion
The changing preferences of the users majorly contribute to the growth of the controlled release fertilizers market. Newer agricultural practices, such as precision farming and modern crop technologies, have increased the need for fertilizers that can sustain efficient and precise nutrient delivery for an extended time. Due to the increasing demand for high crop productivity without compromising on nutrient use efficiency and reduced frequency of fertilizer application, controlled release fertilizers are preferred. Moreover, the use of fertigation is increasing, and employing fertilizers makes fertigation systems considerably more efficient when applying controlled release fertilizers.
In addition, the increasing need to optimize labor and reduce the costs of operations has encouraged cultivators to use controlled release fertilizers as they eliminate the need for repeated applications of fertilizers. The growing use of digital agriculture tools for soil testing and crop monitoring has allowed growers to optimize nutrient applications, hence facilitating the increasing adoption of these fertilizers. As more farmers embrace data-led and sophisticated farming methods, the controlled release fertilizers market is expected to grow rapidly, making it an essential aspect of current agricultural practices.
In September 2024, Malaysia-based National Farmers' Association (NAFAS) introduced its latest controlled release liquid fertilizer, Peladang 25. The fertilizer is suitable for crops such as oil palm, Napier grass, rice, and pineapple, and is compatible with herbicides and fungicides.
Regulatory Pressure and Environmental Trends to Fuel Market Growth
The amount of nutrients used can be restricted by environmental regulations. As a result, the use of more effective nutrient solutions, such as controlled release fertilizers, increases. The EU Nitrates Directive places a cap on the quantity of nitrates that may be present in the water supply, which is an example of one of these regulations. Specialty fertilizers, such as controlled release fertilizers, can promote better utilization of nitrogen within the crop, thus lowering the levels of nitrates. To deal with sustainability concerns, in December 2023, Cotex Technologies Inc., in partnership with Nutrien Ltd., developed an affordable and customizable coating for controlled-release fertilizer that helps in minimizing the environmental impact. By allowing fertilizer to be gradually released into the soil over time, the plant-based coating reduces greenhouse gas emissions and removes any possible leftover material.
In addition, the increasing focus on the health of soils complements the advantages offered by controlled release fertilizers, rendering them a worthwhile consideration by farmers looking to address their needs sustainably. These tendencies concerning the environment, along with the increasing legal restrictions on the use of traditional fertilizers, are driving the growth of controlled release fertilizers market.
Fruits and Vegetables Segment to Hold a Significant Market Share
The fruits and vegetables segment is one of the major markets for controlled release fertilizers, with a growing demand for precise nutrient management and high-quality crop production. These crops tend to be high-value crops, considering the flavor and appearance of the fruits. To maintain the growth, taste, and appearance of these crops, a constant need for nutrients is required to be supplied, which makes controlled release fertilizers a viable option. In contrast to conventional fertilizers, controlled release fertilizers help to maintain the nutrient supply for a longer duration, minimizing the chances of nutrient surplus or deficiency, ensuring that every growth phase of fruits and vegetables crops are supplied with the necessary nutrients.
This helps to improve yield and quality and decreases the number of fertilizer applications, which is an economical method for farmers. With the changing trend of consumers requiring more quality fruits and vegetables, the growers have positively embraced the use of controlled release fertilizers, extending the share of this segment in the global controlled release fertilizers market.
In September 2022, ICL Group introduced a biodegradable coating technology, eqo.x, created especially for seed onions and potatoes. It is the first product in the market to offer a controlled release fertilizer (CRF) coating for urea, which biodegrades more quickly. In May 2024, the company began shipping the products that use eqo.x technology, starting with the Netherlands and Switzerland.
Asia-Pacific to Grow Rapidly During the Forecast Period
The controlled release fertilizers market is growing at an astonishing rate in Asia-Pacific due to the huge agricultural base of the region coupled with the growing need for high agricultural outputs. The growth is fueled mostly by China, India, and Japan, which have vast areas under cultivation and are increasingly embracing modern agricultural practices. These countries, along with many others in the region, are witnessing a rapid increase in population, resulting in the intensified need for food production. This has led the farmers to utilize controlled release fertilizers for enhanced nutrient management and increased productivity.
Furthermore, governments are modernizing agriculture and investing in infrastructure to facilitate the application of controlled release fertilizers. Hence, Asia-Pacific is becoming one of the most strategic regions in the world for the controlled release fertilizers market and is especially projected to grow quite fast in the next few years.
In June 2024, a Memorandum of Understanding (MOU) for the commercialization of environmentally friendly controlled-release fertilizers was signed between Nousbo Co., Ltd. and SK leaveo Co., Ltd. Nousbo intends to use its planning, manufacturing, and marketing skills through the MOU to stay up to date with developments in the global fertilizer market, while SK leaveo will concentrate on creating biodegradable polymers for producing coated fertilizers and providing new products by the first quarter of 2025.
Future Market Scenario (2024 - 2031F)
The ability to innovate coating technologies will improve the efficiency of nutrient delivery, making controlled release fertilizers more efficient and commonly used.
The combined application of precision farming techniques and controlled release fertilizers will certainly enhance the market as farmers aim to achieve optimal nutrient management.
Due to the increasing R&D investments, more efficient and reasonably controlled release fertilizer products are expected to be developed, increasing their market reach.
Key Players Landscape and Outlook
The controlled release fertilizers market is characterized by intense competition, with key players focusing on innovation, product development, and strategic partnerships to enhance their market presence. Many leading manufacturers are investing in advanced coating technologies and nutrient release mechanisms to improve fertilizer efficiency, catering to diverse crop requirements. These companies are expanding their product portfolios to address the growing demand for controlled release fertilizers across various applications, including agriculture, horticulture, and landscaping.
Market players are increasingly engaging in collaborations and joint ventures to strengthen their distribution networks and reach a wider customer base. For instance, in February 2024, Yara International ASA, in collaboration with Pursell Agri-Tech, LLC, introduced its latest controlled release fertilizer, PurMidas, specifically customized for turf. The product offers a seven-to-one ratio of N to S for better performance and optimal growth. PurMidas prevents nutritional segregation by supplying consistent amounts of nitrogen from urea, ammoniacal, and sulfate sulfur to each particle. It, therefore, improves the spreading consistency in the absence of observable striping and uneven growth patterns.
Additionally, efforts to create cost-effective and high-performance controlled release fertilizer products are expected to drive market growth and expand adoption rates. The outlook remains positive, with ongoing research and development expected to result in more efficient formulations, positioning controlled release fertilizers as an integral component of modern agricultural practices, especially in regions focused on enhancing crop yield and quality.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.