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.
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Scope of the Coated and Encapsulated Fertilizers Market Report:
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.
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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.
Coated and Encapsulated Fertilizers Market Regional Analysis/Insights
The Coated and Encapsulated Fertilizers market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Coated and Encapsulated Fertilizers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Coated and Encapsulated Fertilizers within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Coated and Encapsulated Fertilizers market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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