Fertilizer Additives Market for Forecast Period (2017-2026)

Fertilizer Additives Market is valued USD 3.1 billion in 2017 and is projected to reach approximately USD 4.1 billion by 2026, at a CAGR of about 3 % during the forecast period 2017 to 2026.

The market for fertilizer additives corresponds to fertilizer demand. Greater the demand for fertilizers, greater would be the need for additives. Fertilizer additives are developed to analyses problems such as foaming, dusting, hydrolysis, corrosion and caking. The growth of fertilizer additives is proportional to the fertilizer industry. Additives are added to fertilizer to maintain the quality and functioning ability. A rise in demand of agriculture commodity will further boost the market.

Fertilizer Additives Market

Based on additives function, the fertilizer additives market is segmented into corrosion inhibitors, hydrophobic agents, anti-dusting agents, anti-caking agents, and anti-foaming. Anti-caking agents dominated the fertilizer additives market followed by anti-dusting agents, hydrophobic agent. Caking is generally caused by varying temperature and moisture contact.

Based on the form, fertilizer additives market is categorized into Granular, prilled, and powdered. The Granular category is growing at a rapid pace and anticipated to maintain its growth throughout the forecast period. Granulation has a very effective on plant growth, by slow and controlled release of nutrients, by inhibiting the run-off of fertilizer salts, and by making NPK Product uniform. The powdered fertilizers occupied nearly one-fifth of the total market

Urea, ammonium nitrate, mono ammonium phosphate, ammonium sulfate, diammonium phosphate, and triple superphosphate. Urea is one of the most popularly used dry Granular sources of nitrogen, easy to manufacture. Low cost per pound of nitrogen, easily synthesized and is readily available compared to other nitrogen fertilizers. Severe losses in quality may result if proper additives are not used while manufacturing the fertilizer. Urea undergoes unique chemical transformations when stored or transported.

Regional segmentation of fertilizer additives market can be done into Asia Pacific, Europe, North America, Middle East & Africa, and Latin America. The Asia Pacific holds a more than half of the total fertilizer additives market due to a massive agriculture sector in the region, India’s economy is completely agro-based. Agriculture is the primary occupation in India; this is expected to drive the global market in the coming years in this region. North America is another region, which is growing at faster to hold the largest market share. Nutrient management planning has resulted in increased demand for fertilizer additives in this region followed by Europe, Latin America.

Key Players Profiled and Analysed in the Report

Solvay, Clariant, Novochem Group Calnetix Technologies LLC, KAO Corporation, and Filtra Catalysts & Chemicals Ltd., Amit Trading Ltd., Tolsa Group, Chemipol, ChemSol LLC, Arrmaz, Forbon Application, Clariant, KAO Corporation, Amit Trading Ltd., Novochem Group, Filtra Catalysts & Chemicals Ltd., Arrmaz, Chemipol, Forbon Application, Michelman, and Tolsa are some of the keyplayers of fertilizer additives market.

Scope of the fertilizer Additives Market Report

Fertilizer Additives Market By Form Type:

Granular

Prilled

Powdered

Fertilizer Additives Market By Function Type:

Hydrophobic Agents

Anti-dusting Agents

Anti-caking Agent

Antifoaming

Corrosion Inhibitor

Fertilizer Additives Market By Product Type:

Urea

Ammonium Nitrate

Mono Ammonium Phosphate

Ammonium Sulfate

Diammonium Phosphate

Triple Super Phosphate

Fertilizer Additives Market By Region:

Asia Pacific

Europe

North America

Middle East & Africa

Latin America

Key Players Analysed in the Fertilizer Additive Market:

Solvay

Clariant

Novochem Group Calnetix Technologies LLC

KAO Corporation

Filtra Catalysts & Chemicals Ltd.

Amit Trading Ltd.

Tolsa Group

Chemipol

ChemSol LLC

Arrmaz

Forbon Application

Michelman

Calnetix Technologies LLC,

Chemsol

British Sulphur

Cameron Chemicals

Lignotechagro

Europiren B.V

Golden Grain Group Limited

Rock Chemie Co.

Volant Chem

Saudi Specialty Ind. and Chemical Co. Ltd.

This article is published by Maximize Market Research Company

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