Zion Market Research Global Controlled Release Fertilizers Market, 2016 | Page 3
Controlled Release Fertilizers Market
diversifying needs of the consumers will push the demand for controlled-release fertilizers in
future. Conversely, unpredictable nature of the climate may restrain the globally controlled
release fertilizers market growth to some extent. However, many people are accepting other
occupation than farming; hence, this may act as a major challenge before the global
controlled release fertilizers market.
Global Controlled Release Fertilizers Market by Segmentation: The global controlled
release fertilizers market is categorized based on products as polymer sulfur coated
urea/sulfur coated urea, polymer-coated urea, polymer-coated NPK fertilizer, and other
micronutrients. Of these, polymer sulfur coated urea/sulfur-coated urea is the leading
segment in the global market. This is expected to gain exceptional momentum in the coming
future. The demand for polymer sulfur coated urea/sulfur-coated urea is rising owing to labor
saving characteristics, resource saving abilities, and being environment-friendly.
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Global Controlled Release Fertilizers Market by Regional Analysis: The global
controlled release fertilizers market is segmented based on geography as North America,
Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific is the
dominating region for controlled release fertilizers across the world. Major countries in this
region possess agro-based economies. Asia-Pacific region is anticipated to grow further
owing to increasing demand from developing economies such as India, China, and
Thailand. China is the higher consumer of the controlled release fertilizers due to increasing
population base. Polymer sulfur coated urea/sulfur-coated urea is extensively used in Asia
Pacific. However, people are less aware of benefits of these fertilizers and high price may
discourage people in this region.