CONTROLLED RELEASE FERTILIZERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Controlled Release Fertilizers Market, By Type (Polymer-Coated Fertilizers, Sulfur-Coated Fertilizers, Organic Coated Fertilizers, and Others), By Crop Type (Cereals & Grains, Fruits & Vegetables, Turf & Ornamentals, and Others), By Mode of Application (Foliar, Fertigation, Soil, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In January 2024, Yara partnered with Pursell Agritech to combine Pursell's cutting-edge coating technology with Yara's enhanced product range. This partnership aims to deliver competitively priced products and has resulted in the launch of PurMidas, a controlled-release fertilizer specifically designed for turf applications, offering an efficient 7:1 nitrogen-to-sulfur ratio.
In May 2022, ICL introduced three new NPK formulations under the Solinure brand, featuring enhanced trace elements to boost crop yields
In May 2022, ICL signed deals with customers in India and China to supply 600,000 metric tons and 700,000 metric tons of potash, respectively, at a price of US$ 590 per ton for 2022
In March 2022, The Haifa Group entered into a purchase agreement to acquire Horticoop Andina, a distributor of agricultural nutrition products, from HORTICOOP BV. This acquisition aims to strengthen Haifa’s presence in the Latin American market and reinforce its position as a leading global brand in advanced plant nutrition.