US and Canada Controlled Release Nitrogen Fertilizer Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Ureaformaldehyde (UF) Reaction Products, Sulfur-Coated Fertilizers, Polymer-Coated Fertilizers, Polymer/Sulfur Coated Fertilizers (PSCF), and Others) and Application (Turf & Ornamental and Agriculture & Specialty Crops

Name: US and Canada Controlled Release Nitrogen Fertilizer Market
SKU: Food and Beverages
Rating: 4.8 (22 reviews)

US AND CANADA CONTROLLED RELEASE NITROGEN FERTILIZER MARKET RD

US and Canada Controlled Release Nitrogen Fertilizer Market Forecast to 2027 – COVID-19 Impact and Analysis – by Product Type (Ureaformaldehyde (UF) Reaction Products, Sulfur-Coated Fertilizers, Polymer-Coated Fertilizers, Polymer/Sulfur Coated Fertilizers (PSCF), and Others) and Application (Turf & Ornamental and Agriculture & Specialty Crops)

Pages: 126

Market Introduction

Nitrogen is the most critical and essential nutrient, which plays a significant role in achieving maximum crop yield in agriculture. Hence, nitrogen fertilizers such as urea and ammonium sulfate have been widely utilized in modern agriculture. These fertilizers are usually oxidized to nitrate via nitrite by the nitrifying microorganisms in the agricultural field. The severe environmental problems related to nitrogen fertilizers are nitrate contamination of ground and surface water owing to nitrate leaching and loss from the agricultural field. Due to these reasons, controlled-release nitrogen fertilizer has been developed to allow a slow release of nitrogen into the soil during the crop-growing season. Controlled-release nitrogen fertilizer is a granulated fertilizer that releases nutrients gradually into the ground. Controlled-release nitrogen fertilizers have exhibited significant potential for reducing nitrogen losses and synchronizing nitrogen release according to crop demand, thereby improving the nitrogen use efficiency. Controlled nitrogen release fertilizers can reduce nitrogen losses by delaying the initial nitrogen supply and providing it gradually to the developing crop. Sulfur-coated urea releases nitrogen as it slowly degrades by chemical, microbial, and physical processes. Controlled-release nitrogen fertilizer is highly useful in high-value crops, fields highly susceptible to nitrogen losses, or with limited opportunities for repeat applications, and environmentally sensitive areas.

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Market Overview and Dynamics

The U.S and Canada controlled release nitrogen fertilizer market is expected to reach US$ 1,174.89 Million in 2027 from US$ 799.98 Million in 2019. The market is anticipated to grow with a CAGR of 5.0% from 2020-2027. Factors such as wide application of controlled release nitrogen fertilizer in the turf grasses, sports fields and lawns coupled with benefits associated with controlled release nitrogen fertilizers drive the growth of the market.

Key Market Segments

By product type, the ureaformaldehyde reaction products segment accounted for the largest market share in the U.S and Canada controlled release nitrogen fertilizer in 2019. In terms of application, the turf and ornamental segment held the largest market share of the controlled release nitrogen fertilizer market by 2027.

Major Sources and Companies Listed

Some of the major primary and secondary sources for controlled release nitrogen fertilizer market included in the report are AgroLiquid, Haifa Group, ICL, J.R. Simplot Company, Koch Industries, Inc., LEBANON, SEABOARD CORPORATION, Nutrien Ltd, The Andersons, Inc., Helena Agri-Enterprises, LLC, and PURSELL AGRI-TECH.

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