Press release
Fertilizer Additives Market Surges, Set to Hit $4.2 Billion by 2028 Amid Global Agricultural Boom
Fertilizer Additives Market
Exhibiting robust growth, the fertilizer additives market is poised to increase from $3.09 billion in 2023 to an estimated $3.28 billion in 2024, reflecting a Compound Annual Growth Rate (CAGR) of 6.2%. With a promising trajectory, the market is projected to witness strong expansion, reaching $4.2 billion by 2028 at a CAGR of 6.4%.
Key Growth Drivers:
Growing Agricultural Commodity Demand:
The surge in demand for agricultural commodities is propelling the fertilizer additives market forward. These additives play a crucial role in enhancing fertilizer performance and controlling its application in agricultural commodity production activities. With global agricultural production expected to rise significantly, fertilizer additives are integral to meeting the demand for improved agricultural productivity.
Rising Global Population:
Driven by the increasing global population, the fertilizer additives market is set for substantial growth. As the world population approaches 9.7 billion by 2050, fertilizer additives play a vital role in improving agricultural sustainability, productivity, and mitigating the environmental impact of food production. These additives contribute to providing nutritious food for a growing population.
Explore the Global Fertilizer Additives Market with a Detailed Sample Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6080&type=smp
Major Players:
Leading companies influencing the fertilizer additives market include KAO Corporation, Clariant AG, Filtra Catalysts & Chemicals Ltd., Novochem Group, Solvay SA, and others. These industry players contribute significantly to the market's development.
Adoption of Sustainable Technologies:
A key trend in the market is the adoption of sustainable technologies by fertilizer additive companies. Utilizing ammonia technology, urea formaldehyde concentrate technology, and nanotechnology in product development and manufacturing processes, companies aim to reduce their carbon footprint and shift towards environmentally friendly practices. Stamicarbon's introduction of Stami Green Ammonia Technology exemplifies this commitment to sustainable and green fertilizer production.
Innovative Products for Sustainable Agriculture:
Companies are focusing on developing innovative products, such as advanced fertilizer additives, to sustain their position in the market. These additives, incorporating advanced bio-based compounds, enhance soil's natural nitrogen-holding capacity, reducing nutrient runoff and ensuring optimal nitrogen retention for sustainable agriculture. Innovar Ag LLC's launch of an innovative fertilizer additive demonstrates a commitment to soil health and sustainable farming practices.
Regional Insights:
North America led the fertilizer additives market in 2023, with Asia-Pacific expected to be the fastest-growing region in the forecast period. Comprehensive coverage includes Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Market Segmentation:
The fertilizer additives market covered in this report is segmented -
1) By Type: Dust Control Agent, Anti-Caking Agent, Anti-foam Agents, Granulation Aids, Colorants, Corrosion Inhibitors, Hydrophobing Agents
2) By Form: Granular, Prilled, Powdered
3) By Application: Urea, Ammonium nitrate, Diammonium phosphate, Monoammonium phosphate, Ammonium sulfate, Triple superphosphate, Other Applications
Access the Complete Report for In-Depth Analysis:
https://www.thebusinessresearchcompany.com/report/fertilizer-additives-global-market-report
Fertilizer Additives Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Fertilizer Additives Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on fertilizer additives market size, fertilizer additives market drivers and trends, fertilizer additives market major players, competitors' revenues, fertilizer additives market positioning, and fertilizer additives market growth across geographies. The fertilizer additives market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
Browse Through More Similar Reports By The Business Research Company:
Herbicides Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/herbicides-global-market-report
Biopesticides Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/biopesticides-global-market-report
Pesticide And Other Agricultural Chemicals Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/pesticide-and-other-agricultural-chemicals-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fertilizer Additives Market Surges, Set to Hit $4.2 Billion by 2028 Amid Global Agricultural Boom here
News-ID: 3366609 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Fertilizer
Organic Waste-to-Fertilizer: Europe's Quiet Revolution in Decentralized Organic …
The organic fertilizer market has experienced steady growth in recent years, driven by increasing environmental regulations, consumer preference for chemical-free produce, and a robust shift toward regenerative agriculture. While traditional market insights often emphasize the role of large-scale composting and commercial bio-based fertilizers, a quieter revolution is taking shape-decentralized organic fertilizer production from urban and agri-industrial waste. This lesser-discussed segment is reshaping local supply chains, supporting circular economy goals, and…
Rising Fertilizer Production Sparks Growth In The Fertilizer Catalyst Market: A …
The Fertilizer Catalyst Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Fertilizer Catalyst Market Size and Its Estimated Growth Rate?
Over recent years, the fertilizer catalyst market has seen significant growth. The market, which was worth $3.03 billion in 2024, is projected…
Key Influencer in the Fertilizer Catalyst Market 2025: Rising Fertilizer Product …
Which drivers are expected to have the greatest impact on the over the fertilizer catalyst market's growth?
The growth of the fertilizer catalyst market is anticipated to be driven by the rising production of fertilizers. Fertilizers, which are chemical substances provided to crops to enhance their yield, incorporate catalysts in their production process to minimize cost and increase quantity. In the context of the fertilizer industry, catalysts prove advantageous. For example,…
Agriculture Potassium Fertilizer Market Industry Research Report| Koch Fertilize …
‘Agriculture Potassium Fertilizer Market’ study by “Reportsweb” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
Based on the Agriculture Potassium Fertilizer market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive…
Ammonium Thiosulfate Fertilizer Market Future Trends to 2027 – Juan Messina S. …
Ammonium thiosulfate is an inorganic compound which is a nitrification inhibitor, reducing nitrogen loss by inhibiting or slowing the nitrification process of ammonium converting to nitrate. Ammonium thiosulfate fertilizer is an excellent source of ammoniacal nitrogen that is quickly absorbed by the plant. This results in greener turf, even at low soil temperatures. It is used when a liquid type of ammoniacal nitrogen source and sulfur are required for the…
Soluble Fertilizer Market Report 2018 Companies included Agrium Inc., Israel Che …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com *********
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides…
