Fertilizer additives are added in the fertilizers to improve the quality, stability, productivity and durability of the fertilizers and the soil in which such fertilizers are added. They help the plants grow faster by providing them ready-made molecules for growth, thus saving the plants energy. They also help the plants remain healthy by making them resistant to the attack of insects and pathogens. They also help the plants indirectly by preventing the loss of useful nutrients from the soil. Fertilizer additives are also used to prevent caking of fertilizers. The demand for higher agricultural yields is the trigger point for the increasing demand of good quality fertilizers and hence the fertilizer additives. The demand for fertilizer additives is increasing at a considerable rate, especially in the developing nations.
The end-users of fertilizer additives are the fertilizer manufacturers and the users of fertilizers.
The technological innovations and advancements have led to use of improved methods in the production of fertilizers. The fertilizer additives are either added during the production of fertilizers or while application in the agricultural fields.Market Dynamics
The market for fertilizer additives is expected to grow at a considerable rate owing to the technological advancements in fertilizer manufacturing. Also, the increased willingness to improve the agricultural productivity by using agrochemicals like fertilizers and pesticides is also contributing to the growth of this market. The growth potential is the highest in developing economies.
However, stringent government regulations can pose a threat to the growth of the market. The increasing awareness about organic farming and low awareness about use of additives in the fertilizers and the harmful environmental effects which result from the increased use of chemical fertilizers might also hinder the growth of the market.Market Segmentation
The Fertilizer Additive market is segmented on the basis of product, application and form.
On the basis of product, the market is segmented into ammonium nitrate, mono-ammonium phosphate, di-ammonium phosphate, ammonium thio-sulphate, potassium nitrate, trisodium phosphate, urea, phosphoric acid and others.
On the basis of application, the market is segmented into dust control, anti-foaming, anti-moisture, anti-caking, corrosion inhibitors, granulation aids, colorants and others.
By form, the market is segmented into granular, pilled and powdered type of additive.
In the APAC region, the usage and hence the demand for fertilizer additives is expected to increase at a considerable rate owing to the vast agricultural zones in some countries like India and China. The oilseed crop applications in the Latin America region are expected to bring about significant growth in the Latin America region. The reduction in arable land in Africa is also expected to contribute to the growth of this market in Latin America. There is a considerable market growth in Europe as well.
The fertilizer additives market has a lot of opportunities owing to the technological advances in the fertilizer industry and the introduction of new technologies in the production of fertilizers. Also, the increased willingness of the farmers to spend more on increasing the agricultural productivity poses an opportunity for growth of the market.Key Players
Some of the major players in the Fertilizer Additive Market includeClariant, KAO Corporation, ChemSol LLC, Novochem Group Calnetix Technologies LLC, Chemipol, Filtra Catalysts & Chemicals Ltd., Forbon Technology
, Solvay, Arrmaz, Michelman, Tolsa Group, and Amit Trading Ltd.Report Contents
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key PlayersRegional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Rest of Eastern Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology
> Extensive Industry Structure Coverage
Publisher Name : Market Litmus