Global Nitrogen Fertilizer Additives Market Study Analysis: The nitrification inhibitor segment is projected to dominate the nitrogen fertilizer additives market in the forecast period

The Global Nitrogen Fertilizer Additives market was valued at $ million in 2019 and is anticipated to grow at more than a CAGR of 3.85% from 2020 to 2028. To increase the output of fertilizers, nitrogen fertilizer additions are applied. Higher agricultural yields result in increased demand for primary nutrients and high-quality fertilizers, which drive up demand for fertilizer additives. Furthermore, nitrogen fertilizer additives increase the quality and stability of fertilizers and soil, limit the loss of nutrients like nitrogen, phosphorus, potassium, and sulphur, and prevent container corrosion. They also help the fertilizer to be less foamy and less frizzy.

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Global Nitrogen Fertilizer Additives Market Drivers And Restrain:
The main contributors to the growth of the Nitrogen Fertilizer Additives market include demand for agricultural commodities is on the rise, keeping fertilizers from caking during storage, fertilizer manufacturing technology is currently being researched and developed, among others.

A rise in demand for agricultural commodities:
The agriculture industry's growing demand for nitrogen fertilizer additives will help to propel market growth. Many of the framers employ urease inhibitors to limit nitrous oxide emissions and nitrification inhibitors to reduce nitrate contamination in the water. Furthermore, the addition of nitrogen fertilizer additions improves soil health while also assisting plants in gaining better access to water and nutrients. The rapidly developing agriculture industry, together with improvements in fertilizer additives, will increase nitrogen fertilizer additive demand. As a result, growing consumption will help to drive market expansion.
The market is hampered by increased usage of chemical fertilizer has negative environmental consequences.

Impact Of COVID-19 on the Nitrogen Fertilizer Additives Market:
• Impact on Market Size
• End-User Trend, Preferences, and Budget Impact
• Regulatory Framework/Government Policies
• Key Players Strategy to Tackle Negative Impact
• Opportunity Window

Global Nitrogen Fertilizer Additives Market Segments:
The global Nitrogen Fertilizer Additives market is further segmented into a product, application, and geography.
By Product: Urease Inhibitors and Nitrification Inhibitor
By Application: Grains Planting, Vegetables Planting, Fruits Planting, Others

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)

Asia-Pacific accounted for a significant portion of total income, with Europe and North America following closely behind. Furthermore, due to a decline in arable land, demand for agricultural commodities is on the rise in Latin America, particularly in Africa, and is predicted to grow significantly throughout the forecast period.

Key Players of Global Nitrogen Fertilizer Additives Market:
• BASF SE
• Koch Fertilizer
• Weyerhaeuser NR
• Loveland Products
• Helena Agri-Enterprises
• Arclin
• AgXplore International
• Innvictis Crop Care
• Chemipol
• Forbon technology

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Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Nitrogen Fertilizer Additives Market
• Value Chain Analysis of Global Nitrogen Fertilizer Additives Market
• What is the CAGR of the global Nitrogen Fertilizer Additives Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis

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