Global Coated Fertilisers Market to Grow at a CAGR of 7.2% During the Period 2024-2032, Driven by the Need for Efficient Use of Fertilisers and Environmentally-friendly Solutions

The global coated fertilisers market is expected to be driven by factors such as decreasing agricultural land, increasing global population, and the need for efficient use of fertilizers. Controlled release fertilisers (CRFs) offer a safer, economical and efficient way of administering nutrients. Commercial CRFs using polymer coatings are generally made of thermoplastic resin such as polyolefin, polyvinylidene chloride and copolymers. Natural polymers that are biodegradable and environmentally-friendly are expected to witness greater demand. While application of coated fertilisers is considered smart fertilisation technology in agriculture, higher prices of coated fertilisers may hinder market growth. It is noteworthy however, that total application cost of coated fertilisers is generally less than the cost of rapid soluble fertilisers. North America, Europe and Asia are expected to be key markets.

Coated fertilisers allow accurate release control of nutrients. The use of coated fertilisers enables efficient use of fertiliser resources, decrease of environmental load by fertiliser and labour saving. The fertiliser industry faces the consistent challenge to improve its products, enhance fertiliser use efficiency and minimize adverse environmental impact. Efforts are being put in across the world to develop coated fertilisers, and such efforts are likely to boost growth of global coated fertilisers market. For example, JCAM AGRI Co., LTD. (Japan) developed coated urea MEISTER as a sophisticated fertiliser, with a mixture of polyolefin and silicate mineral. MEISTER has two releasing types - linear and sigmoidal. Only one-time basal application is necessary for the whole growth of crops, which saves manpower required for repeated additional fertilization.

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In 2018, Bio-on launched a revolutionary new use for its 100% natural and biodegradable PHAs bioplastic. Bio-on researchers developed a solution for the controlled release of Urea fertilisers. The advantage is more effective dosage and lower fertiliser consumption, resulting in less pollution and a positive impact on people and the planet. The company, listed on the AIM segment of Borsa Italiana and operating in the high-quality bioplastics sector, developed an innovative technology to coat Urea for fertiliser and set up a NEWCO called U-COAT (Urea Coating).

Kribhco offers neem coated urea. Neem possesses proven Nitrification inhibition properties and slows down the release of nitrogen from urea, enabling efficient use of nitrogen by ensuring nitrogen availability over a longer period of time with minimum nitrogen loss. Neem coated urea is produced by uniformly coating neem oil on prilled urea during the manufacturing process.

Neem coated urea has been shown to improve Nitrogen Use efficiency and increase crop yield, especially in Paddy crop in which NUE is as low as thirty percent and in wheat where NUE is reported around fifty percent. Coating with neem oil also prevents caking of urea and reduces the chances of powder formation during transportation and handling. Value additions include decreased hygroscopicity, solubility, volatility, nitrate leeching, denitrification, and powder formation.

Key Findings of the Report:

• The global coated fertilisers market is expected to be driven by the need for efficient use of fertilisers.

• Environmentally-friendly solutions are likely to witness greater demand.

• North America, Europe and Asia are projected to be key markets.

Market Analysis by Type, Crop Type and Region:

• By type, the market is segmented into Sulfur-coated Fertilisers, Polymer-coated Fertilisers, and Others.

• By crop type, the market is classified into Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Turf and Ornaments, and Others.

• By region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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