Title: North America Controlled Release Fertilizers Market Analysis by 2024
1 North America Controlled Release Fertilizers
Market size may cross USD 1.26mn by 2024
Graphical Research
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2 Key Insights from North America Controlled
Release Fertilizers Market
- Graphical Research says, North America Controlled
Release Fertilizers Market to reach USD 1.26mn
by 2024 - Controlled release fertilizers (CRF) have been
proved to be an effective substitute to the
conventional fertilizers, on account of their
resource-saving and environmentally friendly
features. - As per the WHO report, an increase of 50 in
agricultural yield will be needed to fulfil the
growing food demand across the globe. Controlled
release fertilizers will hold robust potential in
future years to suit the advanced agricultural
practices. - CRF have long operational life they not only
improve the fertility of land, but also enhance
the crop yield. - North America controlled release fertilizers
market will observe highest gains by polymer
sulfur coated urea over the forecast period with
a CAGR above 4
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3 Continued...
- Cereals grains contributed above 15 share in
2017 in North America controlled release
fertilizer market. - The regional CRF industry will have the highest
demand for other crops segment involving
ornamental plants, turf, etc. with a share over
65 over the forecast period. - Key manufacturers in the market have been ICL
Specialty Fertilizers, Haifa Chemicals, Scotts
Miracle-Group, etc. Manufacturers have been
investing in advanced fertilizer compositions for
instance, ICL launched Osmocote Iron CRF in
November 2016, which was designed to increase the
nutrient efficiency of plants - lacking iron. The
product involved ICLs E-Max Release Technology,
for delivering a steady supply of sulfur and
iron.
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