Global Coated and Encapsulated Fertilizers Market, By Type (Slow-Release, Nitrogen Stabilizers (N-Stabilizers)), End-Use (Agricultural, Non-agricultural), Mode of Application (Fertigation, Foliar, Soil, Other Modes of Application), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029
Market Analysis and Insights of Coated and Encapsulated Fertilizers Market
Coated and encapsulated fertilizers market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to rise up to grow at a CAGR of 6.60% in the above-mentioned forecast period.
The coated and encapsulated fertilizers are basically the fertilizers particles that are coated with different coating core materials (liquid, solid, and gas) using thin wall materials or embedded in homogeneous or heterogeneous matrices for controlling their solubility in soil. They are of different types such as the slow-release and nitrogen stabilizers (N-Stabilizers).
The factors such as increasing market demand for high-value crops coupled with the growing production of fertilizer and urea products around the world emerge as the major factor fostering the growth of the coated and encapsulated fertilizers market. In addition to this, the rising application rates of fertilizers in emerging countries along with the less availability of land are further estimated to cushion the growth of the market in the forecast period of 2022 to 2029. Moreover, the factors such as the growth of the agriculture sector in developing nations and increasing cereals production is also projected to accelerate the market’s growth within the above mentioned forecast period. On the other hand, the factors such as the indecorous management of the fertilizers and cost ineffectiveness impedes the growth of the coated and encapsulated fertilizers market in the forecast period of 2022 to 2029. However, the limited adoption of controlled-release technology is also expected to hamper the overall growth of the market.
Furthermore, the focus towards good quality fertilizers to improve the soil properties and increase the land productivity will create lucrative opportunities for the growth of the coated and encapsulated fertilizers market in the forecast period of 2022 to 2029. On the flip side, the low awareness regarding the product and high costs are projected to challenge the market within the forecast period in the above mentioned forecast period.
This coated and encapsulated fertilizers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Coated and encapsulated fertilizers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Coated and Encapsulated Fertilizers Market Scope and Market Size
The coated and encapsulated fertilizers market is segmented on the basis of type, end use and mode of application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the coated and encapsulated fertilizers market is segmented into slow-release, and nitrogen stabilizers (N-Stabilizers). Slow-release is further segmented into urea-formaldehyde, urea-isobutyraldehyde, Urea-acetaldehyde and other slow-release fertilizers. Other slow-release fertilizers is sub segmented into crotonylidenediurea. Nitrogen stabilizers (N-Stabilizers) is further segmented into nitrification inhibitors and urease inhibitors.
- On the basis of end use, the coated and encapsulated fertilizers market is segmented into agricultural, non-agricultural. Agricultural is further segmented into cereals and grains, oilseeds and pulses, vegetables, fruits, and plantation crops. Non-agricultural is further segmented into Turfs and ornamentals, nurseries and grains, other non-agriculture and soybean. Other non-agriculture is sub segmented into forage crops.
- On the basis of mode of application, the coated and encapsulated fertilizers market is segmented into fertigation, foliar, soil, and other modes of application. Other modes of application is further segmented into aerial sprays and broadcast.
Coated and Encapsulated Fertilizers Market Country Level Analysis
The coated and encapsulated fertilizers market is analyses and market size, volume information is provided by type, end use and mode of application as referenced above.
The countries covered in the coated and encapsulated fertilizers market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the coated and encapsulated fertilizers market due to the growing growth of high-value crops and increasing adoption of modern agriculture within the region in the forecast period of 2022 to 2029. North America on the other hand, is expected to show lucrative growth owing to the growing awareness regarding the environmental benefits associated with the use of coated and encapsulated fertilizers within the region.
The country section of the coated and encapsulated fertilizers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Coated and Encapsulated Fertilizers Market Share Analysis
The coated and encapsulated fertilizers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to coated and encapsulated fertilizers market.
Some of the major players operating in the coated and encapsulated fertilizers market report are Nutrien Ltd, Yara, The Scotts Company LLC, Koch Industries, Inc., Helena Agri Enterprises LLC, en. Kingenta, SQM S.A., Haifa Negev technologies LTD., COMPO EXPERT, Nufarm Canada, The Andersons, Inc., Mosaic, AgroLiquid, DeltaChem GmbH and SK Specialties Sdn Bhd., among others.
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