Global Fertilizer Additives Market, By Form Type (Granular, Prilled and Powdered), Function Type (Hydrophobic Agents, Anti-Dusting Agents, Anti-Caking Agent, Antifoaming and Corrosion Inhibitor), Product Type (Urea, Ammonium Nitrate, Mono Ammonium Phosphate, Ammonium Sulfate, Diammonium Phosphate and Triple Super Phosphate), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The fertilizer additives market is expected to witness market growth at a rate of 3.3% in the forecast period of 2021 to 2028. Data Bridge Market Research report on fertilizer additives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand for high quality fertilizers globally is escalating the growth of fertilizer additives market.
Fertilizers refer to chemicals that help growing plants and in order to raise the crop yield. Farmers use specific fertilizers such as urea, sulphate, super phosphate and potash. The three primary fertilizers are NPK nitrogen, nitrogen phosphorus and phosphorus.
The rise in the level of population across the globe, acts as one of the major factors driving the growth of fertilizer additives market. The initiatives by government to grow awareness among farmers regarding the use of novel value-added fertilizers and high utilization of the product for the growth of fruits, vegetables and tree nuts among others accelerate the fertilizer additives market growth. The rise in the adoption of potassium sulphate or sulphate of potash (SOP)-based fertilizers with the purpose of increasing their crop yields in their limited lands and growing farm expenditure further influence the fertilizer additives market. Additionally, the high investment in agrochemicals, food scarcity due to increasing population and increase in demand for high quality food positively affect the fertilizer additives market. Furthermore, research and development activities and product innovations extend profitable opportunities to the fertilizer additives market players in the forecast period of 2021 to 2028.
On the other hand, rise in demand for organic fertilizers industry and environmental impact of chemical fertilizers are the factors expected to obstruct the fertilizer additives market growth. The adverse effects of agrochemicals on human health and stringent regulations are projected to challenge the fertilizer additives market in the forecast period of 2021-2028.
This fertilizer additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fertilizer additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fertilizer Additives Market Scope and Market Size
The fertilizer additives market is segmented on the basis of form type, function type and product type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form type, the fertilizer additives market is segmented into granular, prilled and powdered.
- On the basis of function type, the fertilizer additives market is segmented into hydrophobic agents, anti-dusting agents, anti-caking agent, antifoaming and corrosion inhibitor.
- On the basis of product type, the fertilizer additives market is segmented into urea, ammonium nitrate, mono ammonium phosphate, ammonium sulfate, diammonium phosphate and triple super phosphate.
Global Fertilizer Additives Market Country Level Analysis
The fertilizer additives market is analyzed and market size, volume information is provided by country, form type, function type and product type as referenced above.
The countries covered in the global fertilizer additives market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is expected to witness the highest growth in the fertilizer additives market due to the emerging economies such as China and India and expansion of agricultural sector.
The country section of the fertilizer additives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Fertilizer Additives Market Share Analysis
The fertilizer additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fertilizer additives market.
The major players covered in the fertilizer additives market report are Solvay, Clariant, Calnetix Technologies, KAO Corporation, Filtra Catalysts & Chemicals Ltd, Tolsa Group, Chemipol, ChemSol LLC, Forbon Application, Michelman, Calnetix Technologies LLC, British Sulphur, Cameron Chemicals, Lignotechagro, Europiren B.V, Golden Grain Group Limited, Rock Chemie Co, Volant Chem and Saudi Specialty Ind. and Chemical Co. Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.