Controlled Release Fertilizers Market Size to Reach USD 4.49 Billion by 2034

Controlled Release Fertilizers Market: Demand, Production, and Future Projections

According to industry forecasts, the controlled release fertilizers market size is calculated at USD 2.50 billion in 2024, grew to USD 2.65 billion in 2025, and is projected to reach around USD 4.49 billion by 2034. The market is expanding at a CAGR of 6.02% between 2025 and 2034.

Last Updated: 02 September 2025 Category: Bulk Chemicals Insight Code: 5806 Format: PDF / PPT / Excel

Controlled Release Fertilizers Market - Current Status and Future Innovations

The global controlled release fertilizers market size was reached at USD 2.50 billion in 2024 and is expected to be worth around USD 4.49 billion by 2034, growing at a compound annual growth rate (CAGR) of 6.02% over the forecast period 2025 to 2034. Increasing adoption of precision agriculture is the key factor driving market growth. Also, the surge in demand for resource-efficient farming, coupled with the rise in environmental regulations against conventional fertilizers, can fuel market growth further.

Controlled Release Fertilizers Market Size 2024 to 2034 (USD Billion)

Key Takeaways   

  • By region, Asia Pacific dominated the controlled release fertilizers market with a 45% share in 2024. The dominance of the region can be attributed to the rising food demand and favourable government policies supporting sustainable agriculture.
  • By region, North America is expected to grow at a notable CAGR over the forecast period. The growth of the region can be credited to the surge in environmental concerns and regulatory pressures.
  • By product type, the polymer-coated urea segment dominated the market with a 30% share in 2024. The dominance of the segment can be attributed to the rapid development of cost-effective and biodegradable coating materials.
  • By product type, the bio-based coated fertilizers segment is expected to grow at the fastest CAGR over the forecast period. The growth of the segment can be credited to the growing demand for eco-friendly and sustainable practices across the globe.
  • By coating, the synthetic polymer coatings segment held a 38% market share in 2024. The dominance of the segment can be linked to the increasing need for sustainable agriculture and the advantages of precision farming.
  • By coating, the biodegradable polymer coatings segment is expected to grow at the fastest CAGR over the forecast period. The growth of the segment can be driven by the rapid shift towards bio-based and biodegradable coatings.
  • By application, the row-crop agriculture segment led the market by holding a 40% share in 2024. The dominance of the segment is owing to the growing global biofuel and food demand.
  • By application, the horticulture segment is expected to grow at the fastest CAGR during the projected period. The growth of the segment is due to the growing global demand for vegetables, fruits, and other high-value crops.
  • By crop type, the cereals and grains segment dominated the market with a 36% share in 2024. The dominance of the segment can be attributed to the surge in global food demand due to growth in population across the globe.
  • By crop type, the vegetables segment is expected to grow at the fastest CAGR during the study period. The growth of the segment can be credited to the growing consumer demand for organic, healthy, and plant-based foods.
  • By distribution channel, the agrochemical distributors segment held a 42% market share in 2024. The dominance of the segment can be linked to the increasing adoption of cutting-edge agricultural technologies such as precision farming.
  • By distribution channel, the online and e-commerce segment is expected to grow at the fastest CAGR during the forecast period. The growth of the segment can be driven by the growing need for high-quality food products.

Technological Advancements are Expanding Market Growth

Controlled-release fertilizers (CRFs) are fertilizer formulations designed to release nutrients gradually over a predetermined period through physical coatings or chemical modification, matching nutrient availability to crop demand to improve nutrient use efficiency and reduce losses. The technology minimizes the demand for frequent fertilizer applications and reduces the nutrient runoff, promoting environmental regulations and goals. There is a growing emphasis on developing more efficient coating technologies, such as resin-based systems, which can impact positive market growth.

The increasing need for high-value crops is the latest trend impacting positive market expansion. High-value crops, like vegetables, fruits, and specialty crops, need accurate nutrient management to boost the quality of yields. Controlled-release fertilizers provide an efficient and catered nutrient delivery system, improving overall crop performance. 

The growing demand to enhance pasture production represents a substantial opportunity in the market. These fertilizers can provide a sustained nutrient supply to pastures, driving grass growth and forage quality. This further promotes animal productivity and nutrition, leading to market growth.

The surge in precision farming techniques, with the increasing need for resource-efficient inputs, aligns with the abilities of CRFs to reduce waste and facilitate nutrient delivery. Also, advancements in sulphur and polymer coating technologies, along with the encapsulation methods, are optimising more sustained nutrient release. 

Report Scope

Report Attributes Details
Market Size in 2025 USD 2.65 Billion
Expected Size by 2034 USD 4.49 Billion
Growth Rate from 2025 to 2034 CAGR 6.02%
Base Year of Estimation 2024
Forecast Period 2025 - 2034
Dominant Region Asia Pacific
Segment Covered By Product Type, By Coating, By Application, By Crop Type, By Distribution Channel, By Region
Key Companies Profiled Yara International, Nutrien Ltd. , The Mosaic Company , ICL Group , Haifa Group , OCP Group , EuroChem Group , Koch Fertilizer , K+S AG , SQM (Sociedad Química y Minera) , Kingenta Ecological Engineering Group , Fertiberia , Coromandel International , Hubei Jusheng Technology

Market Opportunity

Various Benefits Over Traditional Forms

The growing demand for efficient and sustainable agriculture practices is a major factor creating lucrative opportunities in the market. These fertilizers have numerous benefits over traditional ones, like enhanced crop yields, reduced nutrient loss, and less environmental impact. Furthermore, these fertilizers offer a steady and long-lasting supply to plants by minimizing the need for frequent applications, with maximum growth.

  • In October 2024, ICL will introduce a cutting-edge fertilizer system for the North American market.ICL is one of the top mineral companies that creates eco-friendly solutions for the global agriculture, food, and industrial markets.(Source: www.greenhousegrower.com)

Challenges

Limited Awareness and Education

There is limited knowledge among farmers, especially in developing countries, about the proper and long-term benefits of specialty fertilizers such as CRFs. Moreover, high costs along with the poor distribution infrastructure in village areas make CRFs inaccessible to medium and small-sized farmers in developing countries globally.

Regional Insights

Asia Pacific Controlled Release Fertilizers Market Trends

Asia Pacific dominated the market with a 45% share in 2024. The dominance of the region can be attributed to the rising food demand and favourable government policies supporting sustainable agriculture, along with the substantial investments in R&D.Moreover, the increasing population in Asian countries such as China and India has raised the need for food, which drives the demand for sustainable and efficient agricultural goals.

China Controlled Release Fertilizers Market Trends

In the Asia Pacific, China led the market by holding the largest market share, owing to the rapid integration of smart farming technologies and growing demand to enhance nutrient use efficiency (NUE). Also, China's emphasis on improving overall agricultural productivity and sustainability makes it a major driver for CRF market growth.

North America Controlled Release Fertilizers Market Trends

North America is expected to grow at a notable CAGR over the forecast period. The growth of the region can be credited to the surge in environmental concerns and regulatory pressures, coupled with the rising need for high-value crops. Furthermore, government support, such as investments in domestic fertilizer manufacturing and smart agriculture strategies, plays a significant role in market growth in the region, especially in the U.S.

Segmental Insight

Product Type Insight

Which Product Type Segment Dominated the Controlled Release Fertilizers Market in 2024?
The polymer-coated urea segment dominated the market with a 30% share in 2024. The dominance of the segment can be attributed to the rapid development of cost-effective and biodegradable coating materials coupled with the rising demand for high-value crops. Additionally, polymer coatings offer a gradual release of nutrients, reducing losses to the environment and soil through leaching or runoff.

The bio-based coated fertilizers segment is expected to grow at the fastest CAGR over the forecast period. The growth of the segment can be credited to the growing demand for eco-friendly and sustainable practices across the globe. In addition, bio-based coatings use renewable resources such as straw, vegetable oils, and lignin, which are environmentally compatible and biodegradable in nature.

Coating Insight

Why Synthetic Polymer Coatings Segment Led the Controlled Release Fertilizers Market in 2024?

The synthetic polymer coatings segment held a 38% market share in 2024. The dominance of the segment can be linked to the increasing need for sustainable agriculture and the advantages of precision farming. In addition, these coatings ensure a more gradual and sustained release of nutrients, enhancing their uptake by plants to increase fertilizer use efficiency. 

The biodegradable polymer coatings segment is expected to grow at the fastest CAGR over the forecast period. The growth of the segment can be driven by the rapid shift towards bio-based and biodegradable coatings, coupled with the ongoing advancements in nanotechnology and smart coating solutions, which are improving the functional properties of biodegradable polymers, driving segment growth soon.

Application Insight

How Much Share Did the Row-Crop Agriculture Segment Held in 2024?

The row-crop agriculture segment led the market by holding a 40% share in 2024. The dominance of the segment is owing to the growing global biofuel and food demand and rapid technological advancements in the agriculture sector. Furthermore, practices such as crop rotation, conservation tillage, and utilisation of cover crops are increasingly gaining traction, leading to segment growth.

The horticulture segment is expected to grow at the fastest CAGR during the projected period. The growth of the segment is due to the growing global demand for vegetables, fruits, and other high-value crops backed by technological advancements, government initiatives, and enhanced post-harvest infrastructure. Horticulture provides a potential to increase livelihood security and farm income, particularly for marginal farmers. 

Crop Type Insight

Which Crop Type Segment Dominated Energy Dense Materials Market in 2024?

The cereals and grains segment dominated the market with a 36% share in 2024. The dominance of the segment can be attributed to the surge in global food demand due to growth in population across the globe and rising urbanization, which leads to a demand for convenient food. Additionally, innovations in high-yield seed technologies enhance overall crop production and stability. 

The vegetables segment is expected to grow at the fastest CAGR during the study period. The growth of the segment can be credited to the growing consumer demand for organic, healthy, and plant-based foods. The use of vegetables in products such as soups, frozen meals, and ready-to-eat meals boosts segment demand, which makes them an essential ingredient for the processing industry. 

Distribution Channel Insight

Why Did the Agrochemical Distributors segment Held the Controlled Release Fertilizers Market Share in 2024?

The agrochemical distributors segment held a 42% market share in 2024. The dominance of the segment can be linked to the increasing adoption of cutting-edge agricultural technologies such as precision farming. In addition, Farmers use agrochemicals to safeguard crops from pests, diseases, and nutrient deficiencies, which leads to higher yields and enhanced crop quality, which further supports the market for their distribution. 

The online and e-commerce segment is expected to grow at the fastest CAGR during the forecast period. The growth of the segment can be driven by the growing need for high-quality food products and government policies supporting sustainable agriculture. Furthermore, E-commerce platforms give convenience to farmers to access an extensive range of specialized CRFs.

Controlled Release Fertilizers Market -Value Chain Analysis 

Feedstock Procurement

Feedstock procurement substantially impacts the growth of the market by impacting production costs, technological advancements, and overall product availability.

Chemical Synthesis and Processing 

In this process, the advanced production techniques are used to create products that release nutrients over a significant amount of time. This stage is particularly emphasized on creating the physical barriers, or coatings, to maintain their dissolution.

Packaging and Labelling 

It is a crucial process that offers essential information, ensures product integrity, and distinguishes products from competitors. Advancements in packaging solutions are addressing the environmental concerns related to synthetic coatings.

Regulatory Compliance and Safety Monitoring    

This stage is important for ensuring overall product quality, decreasing environmental damage, and protecting consumers. This also involves strictly following government regulations and international standards.

Recent Developments

  • In May 2024, South Korea's SK Leaveo, a leader in biodegradable materials, announced that it had signed an agreement with agro company Nousbo to commercialize sustainable and biodegradable slow release coated fertilizers.(Source: www.kedglobal.com)

Companies List

Controlled Release Fertilizers Market Companies

Segments Covered

By Product Type 

  • Polymer-coated urea (PCU) 
  • Sulfur-coated urea (SCU) 
  • Resin-coated fertilizers (RCF) 
  • Polymer-coated NPK blends 
  • Polymer-coated potassium fertilizers 
  • Bio-based coated fertilizers 
  • Stabilized nitrogen fertilizers (with inhibitors) 
  • Controlled-release micronutrient fertilizers 

By Coating 

  • Synthetic polymer coatings 
  • Biodegradable polymer coatings 
  • Sulfur-only coatings 
  • Resin-only coatings 
  • Matrix-type formulations 
  • Micro-encapsulation systems 
  • Nano-enabled release systems 

By Application

  • Row-crop agriculture (cereals, grains, oilseeds, pulses, sugar crops) 
  • Horticulture (vegetables, fruits, ornamentals) 
  • Turf and landscaping (golf courses, parks, lawns) 
  • Forestry and plantations (timber, rubber, oil palm) 
  • Home and garden 

By Crop Type 

  • Cereals and grains 
  • Oilseeds and pulses 
  • Vegetables 
  • Fruits and orchards 
  • Sugar crops 
  • Tubers (potatoes, cassava) 
  • Plantation crops (tea, coffee, rubber, oil palm) 
  • Forage and fodder crops 

By Distribution Channel 

  • Direct bulk contracts to growers/cooperatives 
  • Agrochemical distributors and wholesalers 
  • Retail agro-stores and garden centers 
  • Online and e-commerce platforms 

By Region  

  • North America  
    • U.S. 
    • Canada 
  • Europe  
    • Germany 
    • UK 
    • France 
    • Italy 
    • Spain 
    • Sweden 
    • Denmark 
    • Norway 
  • Asia Pacific  
    • China 
    • Japan 
    • India 
    • South Korea 
    • Thailand 
  • Latin America  
    • Brazil 
    • Mexico 
    • Argentina 
  • Middle East and Africa (MEA)  
    • South Africa 
    • UAE 
    • Saudi Arabia 
    • Kuwait
Share With : linkedin twitter facebook
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Saurabh Bidwai, a B.Tech Chemical Engineering graduate with 4+ years of experience, specializes in specialty chemicals, commodity chemicals, and engineered materials, offering valuable insights into market trends and emerging opportunities.

Learn more about Saurabh Bidwai

Aditi Shivarkar, with 14+ years in Chem and Materials market research, specializes in Chem and Materials. She ensures accurate, actionable insights, driving Towards Chem and Materials excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The controlled release fertilizers market size is calculated at USD 2.50 billion in 2024, grew to USD 2.65 billion in 2025, and is projected to reach around USD 4.49 billion by 2034. The market is expanding at a CAGR of 6.02% between 2025 and 2034.

High-value crop demand supporting adoption of CRFs. Integration with precision agriculture to improve yields and reduce waste. Shift toward bio-based coatings and eco-friendly formulations. Expansion into horticulture and specialty farming, boosting profitability. Rising global investments in sustainable agriculture creating strong opportunities for growth.

Rising demand for high-value crops like fruits, vegetables, and specialty crops. Increasing adoption of precision agriculture and smart farming practices. Advancements in bio-based and biodegradable coatings. Growing importance of sustainable farming practices to reduce nutrient runoff. Expansion of online and e-commerce channels for fertilizer distribution.

Precision agriculture adoption to optimize input use. Environmental regulations limiting conventional fertilizer use. Rising global food demand due to population growth. Government policies supporting sustainable farming. Technological innovations in polymer and sulphur coating for extended nutrient release.

Rising demand for high-value crops like fruits, vegetables, and specialty crops. Increasing adoption of precision agriculture and smart farming practices. Advancements in bio-based and biodegradable coatings. Growing importance of sustainable farming practices to reduce nutrient runoff. Expansion of online and e-commerce channels for fertilizer distribution.

Yara International, Nutrien Ltd. , The Mosaic Company , ICL Group , Haifa Group , OCP Group , EuroChem Group , Koch Fertilizer , K+S AG , SQM (Sociedad Química y Minera) , Kingenta Ecological Engineering Group , Fertiberia , Coromandel International , Hubei Jusheng Technology