South Korea Controlled and Slow Release Fertilizers Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Polymer-Coated Products, Sulfur-Coated Products, Others), By Application (Agriculture, Horticulture, Turf and Ornamental, Others), and South Korea Controlled & Slow Release Fertilizers Market Insights, Industry Trend, Forecasts to 2035
Industry: AgricultureSouth Korea Controlled & Slow Release Fertilizers Market Insights Forecasts to 2035
- The South Korea Controlled & Slow Release Fertilizers Market size is Expected to Grow at a CAGR of around 5.7% from 2025 to 2035
- The South Korea Controlled & Slow Release Fertilizers Market size is expected to hold a significant Share by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the South Korea Controlled & Slow Release Fertilizers Market Size is Anticipated to Grow at a CAGR of 5.7% from 2025 to 2035. The market is driven by the need for efficient nutrient management and reduced environmental impact in agriculture. Government support for smart farming and increasing demand from horticulture and landscaping sectors further accelerate market growth.
Market Overview
South Korea controlled and slow release fertilizers market means fertilizers that release nutrients gradually and continuously. By doing this the fertilizer becomes more efficient and reduces loss to the environment. This slow release can include sulfur coated, polymer coated and other types of release rates in horticulture, agriculture, turf, and ornamental applications. The market is growing due to demand for sustainable farming practices, government funding and support for smart agriculture practices, and the increase in understanding of nutrient management. Controlled and slow release fertilizers minimize frequency of application for producers, improve yield potential, and can help mitigate runoff and soil degradation challenges. Most of the adoption to date has been with landscape products and high-value crops, but to further develop the market there will need to be far less expensive solutions and support for local production options.
Report Coverage
This research report categorizes the market for the South Korea controlled & slow release fertilizers market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea controlled & slow release fertilizers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea controlled & slow release fertilizers market.
South Korea Controlled And Slow Release Fertilizers Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 5.7% |
Historical Data for: | 2020-2023 |
No. of Pages: | 170 |
Tables, Charts & Figures: | 90 |
Segments covered: | By Product Type, By Application and COVID-19 Impact Analysis. |
Companies covered:: | ICL Specialty Fertilizers, Haifa Group, Yara International ASA, Namhae Chemical Corporation, KG Chemical Co., Ltd., Lotte Fine Chemical, Dongbu Farm Hannong, and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The South Korea controlled and slow release fertilizers market is driven by a growing demand for efficient nutrient management, reducing environmental pollution and less agricultural work. A growing concern for water quality and soil health has derived more interest in fertilizers that have less leaching and less volatilization potential. Further, government policies promoting smart and sustainable agricultural practices with subsidies to purchase better agricultural input have promoted the market. The extension of use in horticulture, turf management, and urban landscape will further support controlled and slow release fertilizers.
Restraining Factors
The South Korea controlled and slow release fertilizers market is faced with restraints on the advance formulations' costs as compared with conventional compounds. Limited awareness among small and mid-sized farmers, dependence on imported technologies, and the environmental concerns regarding the usage of synthetic coating materials are some of the other factors for restricting the market adoption.
Market Segmentation
The South Korea controlled & slow release fertilizers market share is classified into product type and application.
- The polymer-coated segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea controlled & slow release fertilizers market is segmented by product type into polymer-coated products, sulfur-coated products, and others. Among these, the polymer-coated segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is associated with high nutrient release efficiency, smart farming systems compatibility, and application across agriculture and turf.
- The agriculture segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea controlled & slow release fertilizers market is segmented by application into agriculture, horticulture, turf and ornamental, and others. Among these, the agriculture segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to increased demand for high efficiency fertilizer use in crop production. Turf and ornamental applications are also increasing significantly in demand, due to urban landscaping and green infrastructure mandates.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea controlled & slow release fertilizers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- ICL Specialty Fertilizers
- Haifa Group
- Yara International ASA
- Namhae Chemical Corporation
- KG Chemical Co., Ltd.
- Lotte Fine Chemical
- Dongbu Farm Hannong
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea controlled & slow release fertilizers market based on the below-mentioned segments:
South Korea Controlled & Slow Release Fertilizers Market, By Product Type
- Polymer-Coated Products
- Sulfur-Coated Products
- Others
South Korea Controlled & Slow Release Fertilizers Market, By Application
- Agriculture
- Horticulture
- Turf and Ornamental
- Others
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