CONTROLLED RELEASE FERTILIZERS MARKET Challenges and Opportunities

One of the key challenges faced by the market includes high production costs associated with controlled release fertilizers as compared to regular fertilizers. Controlled release fertilizers require advanced formulation and coating technologies to slowly release nutrients over a period of time as per the crop needs. These technologies involve multiple processing steps such as grinding, extruding, coating and sealing which make the production process complex and capital intensive. The specialty materials and chemicals used for coatings and sealants further increase the raw material costs.

Market Opportunity- Technological advancements in fertilizer formulation and coating technologies

The global controlled release fertilizers market offers substantial opportunities for technology providers to advance fertilizer formulations and coating technologies. There is significant potential for developing new coating materials that deliver efficient nutrient release solutions at a lower cost compared to current options. Innovations in polymer chemistry could pave the way for materials with adjustable coating thickness, porosity, and tailored nutrient release patterns. Additionally, emerging technologies like thin-film nanocoating using nanomaterials hold promise for creating ultra-thin, multi-nutrient coatings, opening up new possibilities in the industry.