Transparency Market Research has released a new market report titled “Controlled Release Fertilizers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.” According to the report, the global controlled release fertilizers market was valued at US$2.41 bn in 2015 and is projected to reach US$3.92 bn by 2024, expanding at a CAGR of 5.6% between 2016 and 2024.

Growth in population coupled with shift toward sustainable agriculture is expected to drive the controlled release fertilizers market during the forecast period. However, lack of awareness regarding the benefits of controlled release fertilizers and high cost compared to traditional chemical fertilizers may hamper market growth. Furthermore, prospective application of these fertilizers in the turf grass and lawn care industry is anticipated to provide ample growth opportunities to the market during the forecast period.

Download And Get FREE Sample PDF File Of Controlled Release Fertilizers : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6041

Based on product type, the controlled release fertilizers market can be segmented into polymer sulfur coated urea/sulfur coated urea, polymer coated urea, polymer coated NPK fertilizer, and others (including coated micronutrients). In terms of volume, polymer sulfur coated urea/sulfur coated urea is estimated to be the major segment of the controlled release fertilizers market during the forecast period. The polymer sulfur coated urea/sulfur coated urea segment accounted for more than 45% share of the controlled release fertilizers market in 2015. Polymer coated urea was the second-largest segment of the market in 2015. It is projected to expand at a significant rate during the forecast period.

Application segments include cereals & grains, oilseeds & pulses, fruits & vegetables, and others (turf, ornamental plants, etc.). The cereals & grains segment is likely to expand significantly during the forecast period. The cereals & grains segment held more than 45% share of the global controlled release fertilizers market in 2015. Others segment was the second-largest application in 2015.

Asia Pacific was the largest market for global controlled release fertilizers in terms of volume in 2015. It was followed by North America, Europe, Latin America, and Middle East & Africa. The controlled release fertilizers market in Asia Pacific is expected to expand at a significant rate due to the rising demand for these fertilizers in agriculture and horticulture applications. The controlled release fertilizers market in North America and Europe is anticipated to experience modest growth during the forecast period.

Browse The Full Controlled Release Fertilizers Market Report At : http://www.transparencymarketresearch.com/controlled-release-fertilizers-market.html

Key players operating the market include ATS Group, Greenfeed Agro Sdn. Bhd, The Scotts Miracle-Gro Company, HIF TECH SDN. BHD, Compo GMBH & Co. KG, Agrium Inc, Ekompany, Shikefeng Chemical Industry, AgroBridge (Malaysia), Haifa Chemicals ltd, Agrium Inc, Central Glass Co Ltd, ICL Specialty Fertilizers, and The Chisso Corporation.

The report segments the global controlled release fertilizers market into:

Controlled Release Fertilizers Market – Product Analysis
Polymer sulfur coated urea/sulfur coated urea
Polymer coated urea
Polymer coated NPK fertilizer
Others (including coated micronutrients)

Controlled Release Fertilizers Market – Application Analysis
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Others (turf, ornamental plants, etc.)

Controlled Release Fertilizers Market – Regional Analysis
North America
U.S.
Rest of North America (RoNA)
Europe
France
Italy
U.K.
Germany
Spain
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of Asia Pacific (APAC)
Latin America
Brazil
Rest of Latin America (LATAM)
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa (MEA)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.