India Controlled Release Fertilizer Market Size
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 44.87 Million |
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Market Size (2030) | USD 68.6 Million |
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Largest Share by Coating Type | Polymer Coated |
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CAGR (2024 - 2030) | 7.33 % |
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Fastest Growing by Coating Type | Polymer Coated |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Controlled Release Fertilizer Market Analysis
The India Controlled Release Fertilizer Market size is estimated at 44.87 million USD in 2024, and is expected to reach 68.6 million USD by 2030, growing at a CAGR of 7.33% during the forecast period (2024-2030).
44.87 Million
Market Size in 2024 (USD)
68.6 Million
Market Size in 2030 (USD)
10.52 %
CAGR (2017-2023)
7.33 %
CAGR (2024-2030)
Fastest Segment by Coating Type
7.45 %
Projected CAGR, Polymer Coated, 2024-2030
The high efficiency of polymer-coated fertilizers, along with active research on developing biodegradable polymers and cost-effectiveness are driving the market.
Largest Segment by Coating Type
75.96 %
value share, Polymer Coated, 2023
Polymer-coated fertilizers dominate the market, mainly due to the adoption of advanced techniques to increase fertilizer use efficiency with very little nutrient loss.
Largest Segment by Crop Type
89.14 %
value share, Field Crops, 2023
Higher nutrient requirements and growing concerns over nutrient leaching are increasing the adoption of control-released fertilizers in field crops, making them the largest crop type.
Leading Market Player 1
46.78 %
market share, ICL Group Ltd, 2022
ICL Group leads the market by offering various CRFs for a wide range of crops with popular brands ProTurf, Agromaster, Agroblen, and Sierrablen Plus.
Leading Market Player 2
10.26 %
market share, Grupa Azoty S.A. (Compo Expert), 2022
The company's strength lies in its wide-ranging controlled-release fertilizer portfolio, catering to diverse crops like fruits, vegetables, field crops, and turf.
High nitrogen requirements and sustainable agricultural practices are increasing the demand for CRFs
- The adoption of controlled-release fertilizers is increasing more in the country as this is an innovative technique that extends nutrient release time by 3, 6, 12, or even 15 months, which gives additional support to the growth of major crops, such as wheat, rice, and maize.
- The controlled-release fertilizer market in the country witnessed an increase in market value by 106.1%, whereas the consumption volume increased by 24.2% during 2017-2021. The main reason for this was the Government of India making it mandatory for all domestic producers of urea to produce 100% neem-coated urea and distribute it at a subsidized price to the farmers.
- Field crops dominated the market, with consumption volume accounting for 89.5% in 2022 as field crops occupied 90.0% of the cultivated area. Major field crops in India include rice, wheat, millet, maize, pulses, and oilseeds, which require high nitrogen content throughout their growth stages.
- Controlled-release urea is the most used form of CRF in India. Nitrogen loss is one of the main problems faced by rice farmers, and the efficiency of nitrogen utilization in rice is often inadequate due to the large loss of nitrogen caused by volatilization and leaching. One way to improve nitrogen efficiency is to use controlled-release urea. Controlled-release urea fertilizers generally outperform granular urea fertilizers in reducing nitrogen loss, stimulating plant growth, and increasing nitrogen concentration.
- Growing concerns regarding health have pushed people to take health-related problems seriously. Increasing inclination toward environmental pollution and the no-leaching property of CRF are positively influencing the controlled-release fertilizer market in the country, which is expected to record a CAGR of 4.5% from 2023 to 2030.
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India Controlled Release Fertilizer Market Trends
The intense cereal cultivation in the country is anticipated to drive the Indian fertilizer market
- The area under field crop cultivation in the country increased by 3.5% during the study period. The increased cultivation of cereals, pulses, and oilseeds in the country due to the rising consumer demand domestically and internationally is the major driving factor for the rising acreage. By crop type, rice, wheat, and soybean occupied the largest area under cultivation in the country, accounting for 47 million ha, 31.1 million ha, and 12.3 million ha in 2022. Rice is the most important food crop of India, covering about one-fourth of the total cropped area and providing food to about half of the Indian population. It is cultivated in almost all the states of the country, mainly in West Bengal, Uttar Pradesh, Andhra Pradesh, Punjab, and Tamil Nadu.
- Accordingly, rice consumption in the country increased from 95.8 million tons in 2016 to 107 million tons in 2022, which shows the rising demand for the crop in the country. This trend is further anticipated to drive the demand for fertilizers during 2023-2030. Similarly, wheat cultivation in the country increased from 98.5 million tons in 2017 to 107.6 million tons in 2020. It is cultivated majorly in Punjab, West Bengal, Haryana, and Rajasthan. Wheat is the second most important cereal crop in India and plays a vital role in the country's food and nutritional security. Therefore, the intense cereal cultivation in the country, coupled with rising domestic and international demand, is anticipated to drive the Indian fertilizer market during the forecast period.
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Among the primary nutrients, nitrogen is the most-applied nutrient in field crops, with an average application rate of 223.5 kg per hectare
- The overall primary nutrient average application rate in 2022 was 125.1 kg/ha, with nutrients such as nitrogen with the highest average application rate of 223.5 kg/ha. Accordingly, nitrogen is the major source of nutrients for crops such as rice, which is intensively cultivated in the country, and such nutrient deficiency in soil is limiting rice productivity across the nation.
- The State of Biofertilizers and Organic Fertilizers in India marked the poor status of soil health, with increasing consumption of chemical fertilizers in India. Accordingly, 97.0%, 83.0%, and 71.0% of the soil tested were found to be deficient in nitrogen, phosphorous, and potassium, respectively.
- By crop, wheat, rice, and corn/maize are estimated to be the crop types with the highest average nutrient application rate of 231, 156, and 149 kg/ha in 2022. Wheat and rice are important staple food domestically and globally. Multiple nutrient deficiencies are the key factors that reduce yield and profit. Wheat and rice crops require nitrogen, phosphorous, and potassium, along with other micronutrients such as sulfur, boron, iron, and zinc, for their proper growth and development. The proper management of nutrients is necessary for successful crop production, which is driving market growth.
- Field crops consume the maximum amount of primary nutrients, such as nitrogen fertilizer. As grains and cereals are intensively grown in the country, the soil is depleted of its nutrition, and hence, they require more fertilizers to supplement them, which, in turn, is anticipated to drive the market during 2023-2030.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The area under horticulture is steadily increasing over the years due to the increasing demand for fruits and vegetables
- Among the primary nutrients, nitrogen is used in larger amounts to aid in rapid vegetative growth and the production of fruits
India Controlled Release Fertilizer Industry Overview
The India Controlled Release Fertilizer Market is fairly consolidated, with the top five companies occupying 69.54%. The major players in this market are Grupa Azoty S.A. (Compo Expert), Hebei Sanyuanjiuqi Fertilizer Co., Ltd., ICL Group Ltd, New Mountain Capital (Florikan) and Zhongchuang xingyuan chemical technology co.ltd (sorted alphabetically).
India Controlled Release Fertilizer Market Leaders
Grupa Azoty S.A. (Compo Expert)
Hebei Sanyuanjiuqi Fertilizer Co., Ltd.
ICL Group Ltd
New Mountain Capital (Florikan)
Zhongchuang xingyuan chemical technology co.ltd
Other important companies include Haifa Group.
*Disclaimer: Major Players sorted in alphabetical order.
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India Controlled Release Fertilizer Market News
- July 2018: Haifa Group introduces a novel a range of coated micronutrients, enabling an all-season complete nutrition. Based on Multicote™ technology, the coated micronutrients provide your crops with all the benefits of controlled release nutrition.
Free with this Report
Along with the report, We also offer a comprehensive and exhaustive data pack with 25+ graphs on area under cultivation and average application rate per hectare. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.
India Controlled Release Fertilizer Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 Acreage Of Major Crop Types
- 4.1.1 Field Crops
- 4.1.2 Horticultural Crops
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4.2 Average Nutrient Application Rates
- 4.2.1 Primary Nutrients
- 4.2.1.1 Field Crops
- 4.2.1.2 Horticultural Crops
- 4.3 Regulatory Framework
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Coating Type
- 5.1.1 Polymer Coated
- 5.1.2 Polymer-Sulfur Coated
- 5.1.3 Others
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5.2 Crop Type
- 5.2.1 Field Crops
- 5.2.2 Horticultural Crops
- 5.2.3 Turf & Ornamental
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Grupa Azoty S.A. (Compo Expert)
- 6.4.2 Haifa Group
- 6.4.3 Hebei Sanyuanjiuqi Fertilizer Co., Ltd.
- 6.4.4 ICL Group Ltd
- 6.4.5 New Mountain Capital (Florikan)
- 6.4.6 Zhongchuang xingyuan chemical technology co.ltd
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- CULTIVATION OF FIELD CROPS IN HECTARE, INDIA, 2017 - 2022
- Figure 2:
- CULTIVATION OF HORTICULTURAL CROPS IN HECTARE, INDIA, 2017 - 2022
- Figure 3:
- CONSUMPTION OF PRIMARY NUTRIENTS BY FIELD CROPS IN KG/HECTARE, INDIA, 2022
- Figure 4:
- CONSUMPTION OF PRIMARY NUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, INDIA, 2022
- Figure 5:
- SPECIALITY FERTILIZER CONSUMPTION IN METRIC TON, INDIA, 2017 - 2030
- Figure 6:
- SPECIALITY FERTILIZER CONSUMPTION IN USD, INDIA, 2017 - 2030
- Figure 7:
- CRF FERTILIZER CONSUMPTION BY COATING TYPE IN METRIC TON, INDIA, 2017 - 2030
- Figure 8:
- CRF FERTILIZER CONSUMPTION BY COATING TYPE IN USD, INDIA, 2017 - 2030
- Figure 9:
- CRF FERTILIZER CONSUMPTION VOLUME BY COATING TYPE IN %, INDIA, 2017 VS 2023 VS 2030
- Figure 10:
- CRF FERTILIZER CONSUMPTION VALUE BY COATING TYPE IN %, INDIA, 2017 VS 2023 VS 2030
- Figure 11:
- POLYMER COATED CRF FERTILIZER CONSUMPTION IN METRIC TON, INDIA, 2017 - 2030
- Figure 12:
- POLYMER COATED CRF FERTILIZER CONSUMPTION IN USD, INDIA, 2017 - 2030
- Figure 13:
- POLYMER COATED CRF FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, INDIA, 2023 VS 2030
- Figure 14:
- POLYMER-SULFUR COATED CRF FERTILIZER CONSUMPTION IN METRIC TON, INDIA, 2017 - 2030
- Figure 15:
- POLYMER-SULFUR COATED CRF FERTILIZER CONSUMPTION IN USD, INDIA, 2017 - 2030
- Figure 16:
- POLYMER-SULFUR COATED CRF FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, INDIA, 2023 VS 2030
- Figure 17:
- OTHERS CRF FERTILIZER CONSUMPTION IN METRIC TON, INDIA, 2017 - 2030
- Figure 18:
- OTHERS CRF FERTILIZER CONSUMPTION IN USD, INDIA, 2017 - 2030
- Figure 19:
- OTHERS CRF FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, INDIA, 2023 VS 2030
- Figure 20:
- CRF FERTILIZER CONSUMPTION BY CROP TYPE IN METRIC TON, INDIA, 2017 - 2030
- Figure 21:
- CRF FERTILIZER CONSUMPTION BY CROP TYPE IN USD, INDIA, 2017 - 2030
- Figure 22:
- CRF FERTILIZER CONSUMPTION VOLUME BY CROP TYPE IN %, INDIA, 2017 VS 2023 VS 2030
- Figure 23:
- CRF FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, INDIA, 2017 VS 2023 VS 2030
- Figure 24:
- CRF FERTILIZER CONSUMPTION BY FIELD CROPS IN METRIC TON, INDIA, 2017 - 2030
- Figure 25:
- CRF FERTILIZER CONSUMPTION BY FIELD CROPS IN USD, INDIA, 2017 - 2030
- Figure 26:
- FERTILIZER CONSUMPTION VALUE BY TYPE IN %, INDIA, 2023 VS 2030
- Figure 27:
- CRF FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN METRIC TON, INDIA, 2017 - 2030
- Figure 28:
- CRF FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN USD, INDIA, 2017 - 2030
- Figure 29:
- FERTILIZER CONSUMPTION VALUE BY TYPE IN %, INDIA, 2023 VS 2030
- Figure 30:
- CRF FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN METRIC TON, INDIA, 2017 - 2030
- Figure 31:
- CRF FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN USD, INDIA, 2017 - 2030
- Figure 32:
- FERTILIZER CONSUMPTION VALUE BY TYPE IN %, INDIA, 2023 VS 2030
- Figure 33:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, INDIA, 2017 - 2030
- Figure 34:
- INDIA CONTROLLED RELEASE FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
- Figure 35:
- MARKET SHARE OF MAJOR PLAYERS IN %, INDIA, 2022
India 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.
- The adoption of controlled-release fertilizers is increasing more in the country as this is an innovative technique that extends nutrient release time by 3, 6, 12, or even 15 months, which gives additional support to the growth of major crops, such as wheat, rice, and maize.
- The controlled-release fertilizer market in the country witnessed an increase in market value by 106.1%, whereas the consumption volume increased by 24.2% during 2017-2021. The main reason for this was the Government of India making it mandatory for all domestic producers of urea to produce 100% neem-coated urea and distribute it at a subsidized price to the farmers.
- Field crops dominated the market, with consumption volume accounting for 89.5% in 2022 as field crops occupied 90.0% of the cultivated area. Major field crops in India include rice, wheat, millet, maize, pulses, and oilseeds, which require high nitrogen content throughout their growth stages.
- Controlled-release urea is the most used form of CRF in India. Nitrogen loss is one of the main problems faced by rice farmers, and the efficiency of nitrogen utilization in rice is often inadequate due to the large loss of nitrogen caused by volatilization and leaching. One way to improve nitrogen efficiency is to use controlled-release urea. Controlled-release urea fertilizers generally outperform granular urea fertilizers in reducing nitrogen loss, stimulating plant growth, and increasing nitrogen concentration.
- Growing concerns regarding health have pushed people to take health-related problems seriously. Increasing inclination toward environmental pollution and the no-leaching property of CRF are positively influencing the controlled-release fertilizer market in the country, which is expected to record a CAGR of 4.5% from 2023 to 2030.
| Coating Type | Polymer Coated |
| Polymer-Sulfur Coated | |
| Others | |
| Crop Type | Field Crops |
| Horticultural Crops | |
| Turf & Ornamental |
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Market Definition
- MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
- NUTRIENT TYPES COVERED - Urea & Complex
- AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
- CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, and Fiber Crops Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
| Keyword | Definition |
|---|---|
| Fertilizer | Chemical substance applied to crops to ensure nutritional requirements, available in various forms such as granules, powders, liquid, water soluble, etc. |
| Specialty Fertilizer | Used for enhanced efficiency and nutrient availability applied through soil, foliar, and fertigation. Includes CRF, SRF, liquid fertilizer, and water soluble fertilizers. |
| Controlled-Release Fertilizers (CRF) | Coated with materials such as polymer, polymer-sulfur, and other materials such as resins to ensure nutrient availability to the crop for its entire life cycle. |
| Slow-Release Fertilizers (SRF) | Coated with materials such as sulfur, neem, etc., to ensure nutrient availability to the crop for a longer period. |
| Foliar Fertilizers | Consist of both liquid and water soluble fertilizers applied through foliar application. |
| Water-Soluble Fertilizers | Available in various forms including liquid, powder, etc., used in foliar and fertigation mode of fertilizer application. |
| Fertigation | Fertilizers applied through different irrigation systems such as drip irrigation, micro irrigation, sprinkler irrigation, etc. |
| Anhydrous Ammonia | Used as fertilizer, directly injected into the soil, available in gaseous liquid form. |
| Single Super Phosphate (SSP) | Phosphorus fertilizer containing only phosphorus which has lesser than or equal to 35%. |
| Triple Super Phosphate (TSP) | Phosphorus fertilizer containing only phosphorus greater than 35%. |
| Enhanced Efficiency Fertilizers | Fertilizers coated or treated with additional layers of various ingredients to make it more efficient compared to other fertilizers. |
| Conventional Fertilizer | Fertilizers applied to crops through traditional methods including broadcasting, row placement, ploughing soil placement, etc. |
| Chelated Micronutrients | Micronutrient fertilizers coated with chelating agents such as EDTA, EDDHA, DTPA, HEDTA, etc. |
| Liquid Fertilizers | Available in liquid form, majorly used for application of fertilizers to crops through foliar and fertigation. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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