Fertilizer Additives Market Innovations, Technology Growth and Research by 2022-2032
A recently published study by FMI expects the global fertilizer additives market to augment at a 4.6% CAGR from 2022 to 2032. By the end of the said ****essment period, a valuation of US$ 1,685.96 Million is expected for the market. Fertilizer additives are gaining huge traction owing to the expansion of agriculture industry across the globe.
Moreover, properties of fertilizer additives that help in anticaking are making them essential. From 2017 to 2021, the industry experienced noteworthy growth, registering a value CAGR of 4% and closing at US$ 1,028.01 Million. Technological advancement in the agriculture sector is contributing to the growth of fertilizer additives.
In addition, government authorities of various countries are launching initiatives that help the agriculture industry to grow. This, in turn, is increasing the use of fertilizer additives. Potash and phosphate-based fertilizers work well for yield enhancement. They not only ensure growth of crops but also provide nutrition.
This, in turn, is accelerating the growth of fertilizer additives in the agriculture industry. Therefore, with government initiatives and expansion of agriculture sector the fertilizer additive market is expected to surge in the ****essment period 2022-2032.
Market Competition
Key players in the fertilizers additive market are Clariant AG, Arkema S.A, Dorf Ketal, ArrMaz, Timac Agro USA, Michelman, inc., Hubei Forbon Technology Co Ltd, Fertibon Products Pvt Ltd, Chemipol SA, Neelam Aqua & Speciality Chem (P) Ltd
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Key Segments Profiled In The Fertilizer Additives Market Industry Survey
Fertilizer Additives by Product Type:
Fertilizer Additives as Anti-caking Agents
Fertilizer Additives as Dust Suppressors
Fertilizer Additives as Drying Agents
Fertilizer Additives as Granulation Agents
Fertilizer Additives as Others
Fertilizer Additives by Application::
N (Nitrogen)
P2O5
K2O
Others
More Insights Available
FMI, in its new offering, presents an unbiased ****ysis of the global fertilizer additives market, presenting historical ****ysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of Product Type (Anti-caking Agents, Dust Suppressors, Drying Agents, Granulation Agents, Others), by Application (N (Nitrogen), P2O5, K2O, Others), across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
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