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This press release was originally distributed by SBWire
San Francisco, California – (SBWIRE) – 07/07/2018 – Controlled Release Fertilizer Market: Snapshot
The Growing Population in Contrast with the Decline Arable land is one of the reasons for the ever increasing demand for controlled release fertilizer. Rapid urbanization has reduced the amount of land available for agriculture, which has created pressure to use good quality fertilizers to increase land productivity. Food crop shortages and adverse weather conditions are driving agriculture towards sustainable agriculture, fueling growth in the global controlled-release fertilizer market. The need for fertilizer to improve crop yield helps market growth.
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https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1583 [19659002] Controlled release fertilizers offer better performance than conventional fertilizers because they extend the duration of nutrient intake, which should help the market to grow in the coming years. The reduction in labor costs and the low risk of use are other factors that stimulate their demand. Government initiatives should also play a key role in the development of these fertilizers and stimulate the growth of controlled release fertilizers.
On the other hand, there are a few factors that are holding back market growth to its full potential. potential. These include the high price of controlled release fertilizers over conventional fertilizers and the lack of awareness of this fertilizer in developing and underdeveloped countries. Many farmers are not aware of the potential benefits of controlled release fertilizers. This is also a factor limiting the growth of the market. However, with advances in technology, the price of controlled release fertilizers may decrease and this will help fuel their demand.
World Market for Controlled Release Fertilizers: Overview
Controlled release fertilizers are fertilizers capable of releasing nutrients. the soil in a controlled manner over an extended period of time. This technique, compared to the fast release technique of several varieties of conventional fertilizers, is made possible by the use of nutrient granules encapsulated in polymeric coatings. Studies have shown that controlled release of nutrients is more effective at providing nutrients to crops than rapid release because nutrient availability coincides with the nutrient requirements of the crop – improving the efficiency of crop nutrition. , improve crop quality and increase yield.
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Controlled release fertilizers are also known to have a lesser impact on the environment. Fast-release fertilizer environment, as they are not washed or released from agricultural land, reducing the potential for chemical fertilizers to enter the water or cause pollution. Earlier used primarily for nursery container crops, increasing awareness of these benefits of controlled release fertilizers has extended their use to conventional agriculture nowadays.
The global controlled-release fertilizer market: main trends
and urban settlements and the resulting reduction in arable land lead to a scenario in which demand for food products increases and agricultural output fails to support these requests. Attempts to address these issues lead to a greater focus on sustainable farming practices, which in turn stimulates the demand for improved efficiency fertilizers, such as controlled release fertilizers. In the next few years, too, the growing demand for food and limited arable land will be critical to the overall development of controlled-release chemical fertilizers
World Market for Controlled Release Fertilizers: Market Potential
Mergers, Acquisitions, and the expansion of the knowledge base to be able to develop innovative products are some of the key strategies adopted by actors operating in global controlled release fertilizers. ICL Innovation, a subsidiary of ICL (Israel Chemicals Ltd.), recently concluded a multi-year research and development collaboration with Evogene Ltd., a company operating in the field of research and development related to 39, improvement of plant production. The collaboration will aim to discover new crop enhancers to improve the efficiency of nutrient absorption of selected crops.
As part of this collaboration, Evogene will work to use its computational discovery platform to identify the potential of certain compounds to use nutrients by crops. Candidates selected from research activities could be used in future ICL products
World Market for Controlled Release Fertilizers: Regional Analysis
From a geographical point of view, the global market Controlled release fertilizer is dominated by the Asia-Pacific market. . The region alone accounts for more than half of the global income generated by the global market and is both a high-output and high-consumption region. The growing support of the government for the improvement of the agricultural industry in most agro-industrial economies and the high population base in the region play a key role in encouraging the adoption of a variety of fertilizers able to stimulate food production. In the controlled fertilizer market in the Asia-Pacific, China accounts for a dominant share, both in terms of production and consumption.
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The Region Presents the Presence of Some of the World's Leading Fertilizer Manufacturers Controlled and low manufacturing costs due to cheap labor and sustained supply of raw materials bring more businesses into the area. Over the next few years, the Asia-Pacific region is expected to maintain its dominant position in the global controlled-release fertilizer market.
World Market for Controlled Release Fertilizers: Competitive Dynamics
The market is characterized by a largely fragmented supplier landscape. number of companies operating in emerging economies such as India, Malaysia and China. The cheap labor and constant availability of raw materials allow companies operating in these areas to economically increase their production capacity and supply products in national markets with high growth potential at low prices. cost.
fertilizer market are Shandong Shikefeng Chemical Industry Co. Ltd., Chisso Corporation, ICL, Kingenta Ecological Engineering Group Co., Ltd., Ekompany, Agrium, AgroBridge, ATS Group, Compo GMBH & Co. KG, Greenfeed Agro Sdn. Bhd, and Haifa Chemicals Ltd.
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More information press release: http://www.sbwire.com/press-releases/controlled-release-fertilizers/release-1007728.htm
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