The controlled release fertilizers market involves the production and supply of fertilizers that release nutrients into the soil in a controlled and gradual manner over an extended period of time. Controlled release fertilizers aid in delivering nutrients to the plants over a specified length of time through various coating technologies. They help improve crop yields while reducing losses through leaching. The usage of controlled release fertilizers eliminates the need for frequent field visits and cuts down on overall fertilization costs.
Global controlled release fertilizers market is estimated to be valued at USD 2.45 Bn in 2024 and is expected to reach USD 3.46 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5% from 2024 to 2031.
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