Controlled Release Fertilizers Market in Asia Pacific to Grow at 7.4% CAGR to 2024

Sep 4, 2019

Graphical Research has reported the addition of the “Controlled Release Fertilizers Market: Asia Pacific Industry Analysis and Opportunity Assessment 2019 - 2024" report to their offering.

India - September 4, 2019 /MarketersMedia/ —

The controlled release fertilizers are a form of granulated fertilizers capable to gradually release required nutrients into soil. The controlled release fertilizers are water-insoluble, and the nutritional contents would be released in a slow and gradual process into soil, thereby providing essential nutritional sustenance to crops.
According to the Graphical Research new growth forecast report titled “Asia Pacific Controlled Release Fertilizer Market analysis based on Product, crop, Regional Outlook, Growth Trends, Competitive Landscape & Forecast to 2024”, predicted to cross USD 2 million by 2024.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1108/sample

Segments we Cover:

Asia Pacific Controlled Release Fertilizer Market Statistics, By Product

Polymer sulfur coated urea/sulfur coated urea
Polymer coated urea
Polymer coated NPK fertilizer
Others

Asia Pacific Controlled Release Fertilizer Market Trends, By Crop

Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Others

Population rise in some nations of Asia Pacific, such as China and India will significantly drive the food production requirements, thereby raising the cultivable land requirements exponentially, thus driving the Asia Pacific controlled release fertilizer market till 2024.

Increasing scarcity of food crops will further create an additional requirement for good & high-quality fertilizers, adding up to the rising controlled release fertilizers demand in Asia Pacific.

The Asia Pacific controlled release fertilizer market is majorly dominated by polymer sulfur coated urea fertilizers, hold the major share throughout the forecast period. It will surpass USD 1.1 million by 2024. Polymer coated urea fertilizers will cross USD 0.5 million till 2024, at a CAGR of over 6.7%.

Cereals & grains crop segment had the major consumption in terms of volume in 2017, and this will continue its dominance till the end of the forecast period. This segment will cross USD 1.4 million by 2024, rising at a CAGR over 7.6%.

Increasing consumer awareness about sustainable and new agriculture technologies to enhance the food production will primarily accelerate the China regional market by end of 2024. This country will surpass USD 1.7 million by 2024. Japan controlled release fertilizer market will surpass USD 175.0 thousand by 2024, growing at a CAGR over 7.2%.

Preliminary players in the Asia Pacific controlled release fertilizer market are HIF Tech Sdn Bhd, AgroBridge, and Nufarm Ltd., and Greenfeed Agro Sdn Bhd among others.

Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1108/apac-controlled-release-fertilizer-market

Related Reports:

Europe Controlled Release Fertilizers Market Size Worth Over $200 thousand by 2024 : https://www.graphicalresearch.com/industry-insights/1017/europe-controlled-release-fertilizers-market

North America Controlled Release Fertilizers Market size to reach $1.26mn by 2024 : https://www.graphicalresearch.com/industry-insights/1029/north-america-controlled-release-fertilizers-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Info:
Name: Parikhit B.
Email: Send Email
Organization: Graphical Research
Website: https://www.graphicalresearch.com/industry-insights/1108/apac-controlled-release-fertilizer-market

Source URL: https://marketersmedia.com/controlled-release-fertilizers-market-in-asia-pacific-to-grow-at-74-cagr-to-2024/88914925

Source: MarketersMedia

Release ID: 88914925

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