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The global controlled release fertilizers market was valued at $2.2 billion in 2023 and is projected to reach $2.9 billion by 2028, growing at a cagr 5.9% from 2023 to 2028.
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Controlled-releaseFertilizersMarketworth$2.9billionby2028– Exclusive Report by MarketsandMarkets™ TheControlled-releaseFertilizersMarketisestimatedatUSD2.2billionin2023andisprojectedtoreachUSD2.9billion by 2028, at a CAGR of 5.9% from 2023 to 2028 according to a report published by MarketsandMarkets™. Thegrowingdemandforcontrolled-releasefertilizersisprimarilyfueledbytheirabilitytoenhancenutrientefficiency,reduceenvironmentalimpact,andalignwithsustainableagriculturalpractices,meetingtheneedsofbothfarmersandenvironmentalconcerns. DownloadPDFBrochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136099624 Browsein-depthTOCon"Controlled-releaseFertilizersMarket” 665– Tables 68– Figures 419– Pages Theslow-releasesegmentisexpectedtogrowatthehighestCAGRduringtheforecastperiod. Themarketforslow-releasefertilizershasexperiencedsteadygrowthduetotheirinherentbenefitsinenhancingagriculturalsustainabilityandproductivity.Thecontrolledandgradualnutrientreleaseofthesefertilizersalignswithprecisionagriculturetechniques,ensuringoptimalnutrientuptakebycropsandminimizingwastage.Thisapproachhasgainedtractionasfarmersseektoimproveresourcemanagement,reducenutrientrunoff,andcomplywithstringentenvironmentalregulations.Additionally,therisingawarenessofsoilhealth,waterqualitypreservation,andlong-termcropviabilityhavedriventheadoptionofthesefertilizers,makingthemakeycomponentofmodernfarmingstrategiesaimedatachievingbotheconomicandenvironmentalobjectives. Thenon-agriculturesegmentbyenduseemergedasadrivingforceinthecontrolled-releasefertilizermarketin2022. Thenon-agriculturesegmenthascontributedtothegrowthofthecontrolled-releasefertilizersmarket.Theurbanlandscape'sgrowingrelianceoncontrolled-releasefertilizersissettopropelthemarket'sexpansion.Golfcourses,municipalparks,residentialcomplexes,andothernon-agriculturalareasseeksustainablesolutionsthatcontrolled-releasefertilizerscanprovide.Thisdominancealignswiththebroadertrendofurbanizationandthecorrespondingneedforenvironmentallyfriendly,efficient,andvisuallyappealinglandscapingsolutions. Inurbanareas,aestheticsandvisualappealholdsignificantimportance.Controlled-releasefertilizerscontributetolushandvibrantgreenspacesthatenhancetheoverallaestheticsofurbanenvironments.Moreover,theslowandcontrollednutrientreleaseofthesefertilizersresultsinreducedapplicationfrequency,translatingtofewermaintenancecyclesforlandscapers,golfcoursemanagers,andhomeowners.Thisefficiencyappealstonon-agriculturalusersseekingtostreamlineoperations. RequestSamplePages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=136099624 Argentinaisexpectedtobethefastest-growingmarketintheSouthAmericanregionduringtheforecastperiod. Argentinaispoisedtoemergeasthefastest-growingplayerinthecontrolled-releasefertilizersmarketwithinSouthAmerica.Argentinaplacesconsiderableemphasisonsustainablefarmingpractices,aligningwithglobaltrendsandconsumerpreferences.Controlled-releasefertilizersofferasolutiontominimizenutrientrunoff,reduceenvironmentalimpact,andpromotesoilhealth,makingthemanaturalfitforthecountry'ssustainableagricultureinitiatives. Argentina'sdominanceintheSouthAmericancontrolled-releasefertilizersmarketisenhancedbyaconvergenceoffavorableconditions.Itsstrongagriculturalfoundation,commitmenttosustainablepractices,emphasisoninnovation,andstrategicexportpositioncreateaconduciveenvironmentforboththeproductionandadoptionofcontrolled-releasefertilizers.Thisdominanceisexpectedtofuelcontinuedgrowthinthesector,asArgentinasolidifiesitsroleasakeyplayerdrivingtheevolutionofagriculturalpracticesintheregion. Majorplayersoperatinginthecontrolled-releasefertilizersmarketareYara(Norway),NutrienLtd.(Canada),Mosaic(US),ICL(Israel),Nufarm(Australia),Kingenta(China),ScottsMiracle-Gro(US),KochIndustries(US),HelenaChemicals(US),andSQM(Chile). Get10%FreeCustomizationonthisReport: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=136099624
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