Fertilizer Additive Market 2019-2027: Industry Trends Growth Size Segmentation Future Demands and Sales Revenue by Regional Forecast

The fertilizer additive market was valued at US$ 3,216.2 Mn in 2018, and it is expected to grow at a CAGR of 2.4% during the forecast period 2019 - 2027 to reach US$ 3,963.0 Mn by 2027.

Global fertilizer additive market was segmented based on function, application, and form. Based on the function the market is segmented as dust control agent, anti-caking agent, anti-foam agents, granulation aids, corrosion inhibitors, hydrophobing agents, and others. Based on application the market is segmented as mono ammonium phosphate, triple super phosphate, urea, diammonium phosphate, ammonium nitrate, and others. And on the basis of the form granular, prilled, and powdered.

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The market for fertilizer additive is expected to grow, owing to factors such as robust growth of fertilizer industry, increasing population and decreasing arable land, and rising research and development in the fertilizers industry. However, the market is expected to have restricted growth due to environmental impact of chemical fertilizers.

The major players operating in the fertilizer additive market include Arkema Group, Solvay, KAO CORPORATION, Chemipol S.A., Chemsol LLC, Clariant, Dorf Ketal, Michelman, Inc., Omex Agriculture, Inc., and Novochem Group.

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The market has witnessed various growth strategies during recent years in the fertilizer additive market. For instance, July, 2019, Arkema announced completion of ArrMaz acquisition. ArrMaz is among the global market players operating in the business segments such as crop nutrition, mining and infrastructure markets. The acquisition has enabled Arkema to expand its customers in the sectors of crop nutrition, mining and infrastructure markets. Also, it has expanded its operating regions such as North America, South America, Asia, Middle East and Africa for these sectors.

The report segments the global fertilizer additive market as follows:

Global Fertilizer Additive Market - by Function
• Dust Control Agent
• AntiCaking Agent
• Anti-foam Agents
• Granulation Aids
• Corrosion Inhibitors
• Hydrophobing Agents
• Others

Global Fertilizer Additive Market - by Application
• Mono Ammonium Phosphate
• Triple Super Phosphate
• Urea
• Diammonium Phosphate (DAP)
• Ammonium Nitrate/CAN
• Other

Global Fertilizer Additive Market - by Form
• Granular
• Prilled
• Powdered

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