Global Fertilizer Additives Market - To Witness Steady Growth

Posted by ojasdbmr on January 27th, 2020

Global fertilizer additives market is registering a steady CAGR of 3.60% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing demand of agricultural commodities and easy to handle property.

fertilizer additives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fertilizer additives market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Fertilizer additives are used in crops and help to improve the quality and stability of fertilizers and soil, also avoid loss of nutrients such as nitrogen, phosphorus, potassium and sulphur and prevent corrosion of the container used for transportation. They also provide anti-foaming and anti-caking characteristics to the fertilizer.  Fertilizers could help to trigger insufficient absorption of nutrients by soil and plants, which leads to loss of soil fertility and retard plant growth.

Key Market Competitors: Global Fertilizer Additives Market

Few of the major players working in global fertilizer additives market are Solvay, Calnetix Technologies, LLC., Cameron Chemicals, Europiren B.V., Golden Grain Group Limited., Rock Chemie Co, Volant-Chem Corp., TOLSA., michelman, inc., Chemipol, ArrMaz, Amit Trading Co, Filtra Catalysts & Chemicals Ltd, Holland Novochem B.V., Kao Corporation, Clariant.

Segmentation: Global Fertilizer Additives Market

• By Function (Anticaking Agents, Dedusting Agent, Antifoaming Agent, Hydrophobic Agent, Corrosion Inhibitors)
• By Application (Urea, Ammonium Nitrate, Diammonium Phosphate, Monoammonium Phosphate, Ammonium Sulfate, Triple Super Phosphate)
• By Form Of Application (Granular Fertilizers, Prilled Fertilizers, Powdered Fertilizers)
• By Types (Dust Control Agent, Anti-Caking Agent, Antifoam Agents, Granulation Aids, Colorants, Corrosion Inhibitors, Hydrophobing Agents)
• By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

Market Drivers:

• Increasing demand for agricultural commodities is driving the market of Fertilizer Additives
• Rapid research and development in fertilizer manufacturing technology leads to market expansion
• Rapid growth of fertilizer additives in developing countries
• It’s easy to handle properties and application is also leading to market expansion

Market Restraints:

• Growth of organic fertilizer industry is restraining the market growth
• Various impact of chemicals on environment hinders the market growth
• Strict government regulations also hamper the growth of the market

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved

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