The modern-day document posted via Report Ocean, titled “Fertilizer Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global fertilizer additive size is expected to reach to reach $3,741 million by 2023, from $3,170 million in 2016, with a CAGR of 2.3% during 2017 to 2023. Additives are utilized in the field to improve the quality of the fertilizers and provide stability. They control the loss of nutrients in the soil and also inhibit corrosion of the transportation container. This report projects the trends and opportunities of the global fertilizer additive market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.
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Moreover, fertilizer additives provide anti-caking and anti-foaming characteristics to the fertilizer. The foam may coagulate on the surface thereby causing problems on the surface coatings. Fertilizers trigger insufficient absorption of nutrients by soil and plants, which leads to the loss of soil fertility and retard plant growth. Moreover, fertilizers are also available in a powdered or granular form and the chances of caking is high in these materials, thereby leading to product loss. Therefore, anti-caking agents as well as corrosion inhibitors are deployed to facilitate easy packaging and transportation. These fertilizer additives are often deployed in the production stage of the fertilizers and even mixed during their application in the field.
The global fertilizer additives market gains demand owing to the rapid expansion of agriculture industry. Moreover, growth in agriculture sector in countries such as India and China further augment the market growth. In addition, nutrient management practices in countries such as the U.S. and Canada leads to the demand for additives in this region. However, adverse impact of agrochemicals on human health coupled with rise of organic farming is expected to hinder the market growth. Moreover, rise in population results in shrinking of available arable land for agriculture, thereby raising pressure on farmers and agricultural associations. These factors have actively led to the market growth. Therefore, fertilizers such as urea and ammonium nitrate are being widely used. Also, the demand for these have increased as they are easily available and are economically priced.
The fertilizer additives market is segmented based on type, application, form, and geography. Based on type, the market is segmented into dust control agent, anti-caking agent, colorants, corrosion inhibitors and hydrophobing agents, anti-foam agents, and granulation aids. Based on application, the market is segmented into mono ammonium phosphate, triple super phosphate, urea, diammonium phosphate (DAP), and ammonium nitrate/calcium ammonium nitrate, and others (potassium chloride and potassium magnesium sulfate). Based on form, the market is segmented into granular, prilled, and powdered. Based on geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the fertilizer additives market size and trends from 2016 to 2023 to determine the prevailing opportunities.
It offers comprehensive analysis of North America, Europe, Asia-Pacific, and LAMEA to understand the regional trends.
Comprehensive analysis of factors that drive & restrict the growth of the market is provided.
Extensive analysis is conducted by following product benchmarking, positioning, and monitoring the top competitors within the global market.
The report provides extensive qualitative fertilizer additives market trends on the significant segments or regions.
The report provides key insights on strategic fertilizer additives of various companies and the value chain analysis of fertilizer additives.
Key market players in this sector include Clariant, KAO Corporation, Amit Trading Ltd., Novochem Group, Filtra Catalysts & Chemicals Ltd., Arrmaz, Chemipol, Forbon Technology, Michelman, and Tolsa Group.
The other players in the value chain (profiles not included in the report) are:
> Solvay
> Calnetix Technologies LLC
> Chemsol
> British Sulphur
> Cameron Chemicals
> Lignotechagro
> Europiren B.V
> Golden Grain Group Limited
> Saudi Specialty Ind. Chemical Co. Ltd
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KEY MARKET SEGMENTATION
By Type
Dust Control agent
Anti-Caking agent
Anti-foam Agents
Granulation Aids
Colorants
Corrosion Inhibitors
Hydrophobing Agents
By Application
Mono Ammonium Phosphate
Triple Super Phosphate
Urea
Diammonium Phosphate (DAP)
Ammonium Nitrate/CAN
Others (Potassium Chloride and Potassium Magnesium Sulfate)
By Form
Granular
Prilled
Powdered
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Spain
UK
Italy
France
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Korea
Rest of Asia-Pacific
LAMEA
Brazil
KSA
South Africa
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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