Published Date : Jul 05, 2016
Albany, NY, July 05, 2016: MarketResearchReports.biz has added a new research report to its repository that discusses the future of the global controlled release fertilizers market. The research report, titled “Global Controlled Release Fertilizers Industry 2016 Market Research Report,” defines the scope of the market and explains its valuation at the end of the forecast period.
The thoroughly researched document states that controlled release fertilizers improve the quality of soil by slowly releasing nutrients into it. This is achieved by coating the fertilizers with inorganic or organic materials that monitor the release of nutrient. These fertilizers are largely used in agriculture and horticulture applications. The main purpose of these fertilizers is for the effective cultivation of fruits and vegetables, oilseeds and pulses, cereals and grains, and lawns and turfs.
The global controlled release fertilizers market is anticipated to grow at an impressive rate due to the rise in population. The need to feed the exponentially growing population is going to boost this market in the coming years. Furthermore, shifting preference towards sustainable agriculture is also likely to change the growth dynamics for this market. The reducing arable land is also factored in as a major growth driver for the global controlled release fertilizers industry. Analysts predict that incentives from the governments to maximize the yield from cultivable lands is also going to propel this market in the coming few years.
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Despite the solid forecasts for the global controlled release fertilizers market, the expensive nature of these fertilizers is likely to dissuade consumers from investing. The complications in storing these fertilizers are also likely to hamper the growth of this market in the coming few years. The strong presence of traditional fertilizers is also going to challenge the global controlled release fertilizers industry. These problems will be worsened by the lack of awareness about the advantages of using these fertilizers. The report has documented every market driver and restraint to provide its readers a holistic view of the market. Furthermore, it also includes an economic, social, and environmental point of view of the overall market.
The important players in the global controlled release fertilizers market are AgroBridge (Malaysia), Eurochem Agro Gmbh, Shikefeng Chemical Industry Co. Ltd, Haifa Chemicals Ltd., Hanfeng Evergreen Inc., Nufarm Ltd, HIF TECH SDN. BHD., ATS Group, Greenfeed Agro Sdn Bhd, Compo GMBH & Co. KG, Kingenta Ecological Engineering Group Co., Ltd., ICL Specialty Fertilizers, Central Glass Co., Ltd., Scotts Miracle-Gro Company, Ekompany Agro B.V., Agrium Inc., and The Chisso Corporation. The researchers have explained the competitive landscape present in the global market along with the regulatory framework governing it. Furthermore, the research report also includes an evaluation of the unique management styles of these companies, their research and development activities, growth plans, and strategic mergers and acquisitions in the coming few years.
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