Fertilizer Additives Market: Insights into Trends, Revenue, and Opportunities from 2022-2030

The granular segment accounted for the highest share in 2020, holding more than two-thirds of the global fertilizer additives market, and is projected to maintain its lead position by 2030. Moreover, this segment is projected to manifest the largest CAGR of 4.3% from 2021 to 2030. This is attributed to assistance to farmers in evaluating the quality of the fertilizer and protection from the external environment to enhance shelf life. The report also analyzes the segments including prilled and powdered.

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Allied Market Research published a new report, titled, "Fertilizer additives Market By Type (Plastics, Metals, Fabric, Leather, Composites, Others), By Vehicle Type (PV, LCV, HCV), By Application (Dashboard, Door Panel, Seats, Floor Carpets, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

According to the report, the global fertilizer additives industry generated $3.2 billion in 2020, and is expected to reach $4.7 billion by 2030, witnessing a CAGR of 4.1% from 2021 to 2030.

This makes it important to understand the practical implications of the fertilizer additives market. To gain a competitive advantage, the players must have something unique. By tapping into the untapped market segment, they can establish a relevant point of differentiation, and this report offers an extension analysis of untapped segments to benefit the market players and new entrants to gain the market share.

Surge in demand for agricultural commodities, ongoing R&D activities of fertilizer manufacturing technology, and advancements in fertilizer manufacturing methods including the time-release encapsulation drive the growth of the global fertilizer additives market. However, the adoption of organic agriculture practices restrains the market growth.

KEY MARKET PLAYERS:

The report provides the SWOT analysis of the key market players ArrMaz Products Inc., CHEMIPOL, S.A., Clariant AG, Emulchem, KAO Corporation, LignoStar, Michelman Inc, Novochem Group, Solvay. which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

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The anti-caking agents segment contributed to the highest market share in 2020, accounting for nearly one-third of the global fertilizer additives market, and is expected to maintain its dominance in terms of revenue throughout the forecast period. Moreover, this segment is projected to manifest the fastest CAGR of 4.6% from 2021 to 2030. This is attributed to prevention of the formation of lumps and caking during the storage of fertilizer additives and ensuring quality. The research also discusses segments including antifoam agents, dust control coatings, coloring agents, granulation aids, corrosion inhibitors, hydrophobic additives, and others.

NEED FOR THE REPORT:

The current situation of pandemic makes it very important for the stakeholders in the fertilizer additives market to understand the market deeply, which will help them in taking sound decisions, to gain the competitive advantage. By exploring the unexplored areas of market, the key players can surely gain a larger market share.

Based on region, LAMEA, followed by North America, is projected to register the fastest CAGR of 4.5% during the forecast period. Moreover, this segment contributed to the highest market share in terms of revenue in 2020, accounting for nearly three-fifths of the global fertilizer additives market, and is projected to continue its lead position by 2030. This is due to the growth of agricultural industries, increase in investments in the agricultural sector, usage of modern technology in agriculture, and discovery of new applications of fertilizer additives.

KEY OFFERINGS OF THE REPORT:

Key drivers & Opportunities: An extensive analysis on key factors and opportunities available in different segments for strategizing.

Current trends & forecasts: A comprehensive analysis on latest trends, and forecasts for next few years to frame strategic decisions as a next step.

Segmental analysis: An extensive analysis of each segment and driving factors such as revenue and growth rate is offered.

Regional Analysis: A thorough analysis of each geographic region can help market players devise expansion strategies and gain from the opportunity.

Competitive Landscape: Useful insights on each of the leading market players for outlining competitive scenario and related strategies have been offered in the report.

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