Market Size of controlled release fertilizer Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 1.39 Billion |
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Market Size (2030) | USD 2.16 Billion |
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Largest Share by Coating Type | Polymer Coated |
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CAGR (2024 - 2030) | 7.70 % |
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Largest Share by Region | North America |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Controlled Release Fertilizer Market Analysis
The Controlled Release Fertilizer Market size is estimated at 1.39 billion USD in 2024, and is expected to reach 2.16 billion USD by 2030, growing at a CAGR of 7.70% during the forecast period (2024-2030).
1.39 Billion
Market Size in 2024 (USD)
2.16 Billion
Market Size in 2030 (USD)
10.87 %
CAGR (2017-2023)
7.70 %
CAGR (2024-2030)
Largest Segment by Type
56.89 %
value share, Straight, 2023
Straight CRFs efficiently address and improves the nutrient availability reduces the leaching and provides gradual release of required nutrient over the crop life .
Largest Segment by Coating Type
76.39 %
value share, Polymer Coated, 2023
Polymer-coated fertilizers release nutrients over an extended period. This technology offers benefits such as improved nutrient efficiency and reduced environmental impact.
Largest Segment by Crop Type
83.01 %
value share, Field Crops, 2023
Field-crops dominate the market due to the high utilization of CRFs as it offer benefits for various crops including improved nutrient efficiency and crop yield.
Largest segment by Country
27.83 %
value share, United States, 2023
The United State Department of Agriculture offers financial and technical support to help farmers implement practices that minimize nitrogen losses and environmental pollution
Leading Market Player
33.26 %
market share, ICL Group Ltd, 2022
The company's latest innovation is Osmocote 5 with an OTEA system and NutriMatch technology, which is its 5th generation of CRF for ornamental growers and delivers a unique, accurate, and optimized release of nutrients and micronutrients.
The rising pressure on the agriculture industry to reduce the environmental impact of farming practices and the high nutrient efficiency and precise application will drive the market
- In 2022, control-release fertilizers held a 3.0% value share of the specialty fertilizer market. With mounting pressure on the agriculture sector to minimize environmental impact, the market for control release fertilizers is poised for growth. Their high nutrient efficiency and precise application methods are projected to drive a 7.6% value CAGR from 2023 to 2030.
- Polymer-coated fertilizers play a crucial role in curbing nutrient leaching, a process where excessive rainfall or irrigation washes away nutrients from the root zone. During the study period, the market value of polymer-coated fertilizers surged by 120.6%, capturing a dominant 76.3% market share in 2022. However, the global market faced a setback in 2020 due to supply chain disruptions triggered by the COVID-19 lockdown.
- The polymer-sulfur-coated fertilizers hold the second-largest market share of 18.4% in 2022, worth USD 281.6 million of the overall CRF market. The increasing efforts to enhance production through advanced techniques such as precision farming and dosing of specialty fertilizers, including controlled-release fertilizers, are expected to boost the market for polymers with sulfur-coated fertilizers. The market for polymer-sulfur-coated fertilizers is likely to record a CAGR of 7.3% during 2023-2030.
- In 2022, "other CRFs" constituted 5.3% of the total controlled-release fertilizer market. This segment, encompassing various coatings, is anticipated to witness a 4.3% CAGR in volume from 2023 to 2030. The upswing is attributed to the growing preference for biodegradable coated fertilizers and heightened environmental concerns driving their adoption.
The United States accounted for the largest market share, with field crops accounting for a higher cultivation area
- North America dominates the global controlled-release fertilizer market. In the region, the United States is the largest market for controlled-release fertilizers, accounting for 69.0% of the market share in 2022.
- Europe occupied the second-largest share in the global controlled-release fertilizer market. The controlled-release fertilizer market in Europe is observed to have notably stable growth across all countries in the region, with France occupying the largest share of 22.4%, followed by the United Kingdom for the year 2022.
- The Asia-Pacific is the third-largest regional market for controlled-release fertilizers globally. China dominates the APAC controlled-release fertilizers market, accounting for about 42.1% of the market share in 2022. In China, polymer-coated fertilizers recorded the highest share in the controlled-release fertilizers market, followed by polymer sulfur-coated fertilizers. The polymer-coated fertilizers segment was valued at USD 30.3 million in 2017 and is anticipated to reach USD 97.2 million by the end of 2030.
- Controlled-release urea is the most commonly used form of CRF in the world. Nitrogen loss is one of the main problems faced by rice farmers, and the efficiency of nitrogen utilization in rice is often inadequate. This is due to the large loss of nitrogen due to volatilization, leaching, and denitrification. One way to improve nitrogen efficiency is to use controlled-release urea. Controlled-release urea generally outperforms granular urea fertilizers in reducing nitrogen loss, stimulating plant growth, and increasing nitrogen concentration, thus boosting its preference.
- The increased efficiency of controlled-release fertilizers is anticipated to drive the global market from 2023 to 2030.
Controlled Release Fertilizer Industry Segmentation
Polymer Coated, Polymer-Sulfur Coated, Others are covered as segments by Coating Type. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Asia-Pacific, Europe, Middle East & Africa, North America, South America are covered as segments by Region.
- In 2022, control-release fertilizers held a 3.0% value share of the specialty fertilizer market. With mounting pressure on the agriculture sector to minimize environmental impact, the market for control release fertilizers is poised for growth. Their high nutrient efficiency and precise application methods are projected to drive a 7.6% value CAGR from 2023 to 2030.
- Polymer-coated fertilizers play a crucial role in curbing nutrient leaching, a process where excessive rainfall or irrigation washes away nutrients from the root zone. During the study period, the market value of polymer-coated fertilizers surged by 120.6%, capturing a dominant 76.3% market share in 2022. However, the global market faced a setback in 2020 due to supply chain disruptions triggered by the COVID-19 lockdown.
- The polymer-sulfur-coated fertilizers hold the second-largest market share of 18.4% in 2022, worth USD 281.6 million of the overall CRF market. The increasing efforts to enhance production through advanced techniques such as precision farming and dosing of specialty fertilizers, including controlled-release fertilizers, are expected to boost the market for polymers with sulfur-coated fertilizers. The market for polymer-sulfur-coated fertilizers is likely to record a CAGR of 7.3% during 2023-2030.
- In 2022, "other CRFs" constituted 5.3% of the total controlled-release fertilizer market. This segment, encompassing various coatings, is anticipated to witness a 4.3% CAGR in volume from 2023 to 2030. The upswing is attributed to the growing preference for biodegradable coated fertilizers and heightened environmental concerns driving their adoption.
| Coating Type | |
| Polymer Coated | |
| Polymer-Sulfur Coated | |
| Others |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
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Controlled Release Fertilizer Market Size Summary
The controlled release fertilizer market is experiencing steady growth, driven by the increasing demand for efficient agricultural practices and environmental sustainability. This market is characterized by the use of advanced technologies, such as polymer-coated fertilizers, which offer prolonged nutrient release and reduced nutrient loss through leaching. Field crops dominate the market due to their extensive cultivation and significance as staple foods globally. The North American region, particularly the United States, leads the market, supported by advancements in agricultural technologies and concerns over nitrate pollution. The market's expansion is further fueled by heightened awareness among farmers and the growing availability of these fertilizers.
Globally, the controlled release fertilizer market is projected to grow significantly, with Europe and the Asia-Pacific region also contributing to its expansion. In Europe, the market shows stable growth, with countries like Ukraine and Spain holding significant shares. In the Asia-Pacific region, China stands out as a major player. The market is fairly consolidated, with key companies like Compo Expert GMbh, Florikan, ICL Speciality Fertilizers, Nutrien Ltd., and Sociedad Quimica y Minera de Chile SA dominating the landscape. Innovations and strategic agreements, such as those by ICL and Florikan, are expected to further enhance market dynamics, catering to the rising demand for premium controlled-release fertilizer products.
Controlled Release Fertilizer Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Coating Type
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1.1.1 Polymer Coated
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1.1.2 Polymer-Sulfur Coated
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1.1.3 Others
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1.2 Crop Type
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1.2.1 Field Crops
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1.2.2 Horticultural Crops
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1.2.3 Turf & Ornamental
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1.3 Region
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1.3.1 Asia-Pacific
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1.3.1.1 Australia
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1.3.1.2 Bangladesh
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1.3.1.3 China
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1.3.1.4 India
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1.3.1.5 Indonesia
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1.3.1.6 Japan
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1.3.1.7 Pakistan
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1.3.1.8 Philippines
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1.3.1.9 Thailand
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1.3.1.10 Vietnam
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1.3.1.11 Rest of Asia-Pacific
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1.3.2 Europe
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1.3.2.1 France
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1.3.2.2 Germany
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1.3.2.3 Italy
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1.3.2.4 Netherlands
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1.3.2.5 Russia
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1.3.2.6 Spain
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1.3.2.7 Ukraine
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1.3.2.8 United Kingdom
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1.3.2.9 Rest of Europe
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1.3.3 Middle East & Africa
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1.3.3.1 Nigeria
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1.3.3.2 Saudi Arabia
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1.3.3.3 South Africa
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1.3.3.4 Turkey
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1.3.3.5 Rest of Middle East & Africa
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1.3.4 North America
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1.3.4.1 Canada
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1.3.4.2 Mexico
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1.3.4.3 United States
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1.3.4.4 Rest of North America
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1.3.5 South America
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1.3.5.1 Argentina
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1.3.5.2 Brazil
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1.3.5.3 Rest of South America
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Controlled Release Fertilizer Market Size FAQs
How big is the Global Controlled Release Fertilizer Market?
The Global Controlled Release Fertilizer Market size is expected to reach USD 1.39 billion in 2024 and grow at a CAGR of 7.70% to reach USD 2.16 billion by 2030.
What is the current Global Controlled Release Fertilizer Market size?
In 2024, the Global Controlled Release Fertilizer Market size is expected to reach USD 1.39 billion.
