Press release
Fertilizer Additives Market Overview, Demands and Growth Analysis, Industry Forecast to 2030
Allied Market Research recently released a comprehensive report titled, "Fertilizer Additives Market by Form (Granular, Prilled, and Powdered), Type (Anti-caking Agents, Antifoam Agents, Dust Control Coatings, Coloring Agents, Granulation Aids, Corrosion Inhibitors, Hydrophobic Additive, and Others), Application (Urea, Diammonium Phosphate, Ammonium Nitrate, Triple Superphosphate, Monoammonium Phosphate, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030." According to the report, the global fertilizer additives market, valued at $3.2 billion in 2020, is projected to reach $4.7 billion by 2030, growing at a CAGR of 4.1% during the forecast period.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/2327
Key Market Drivers, Restraints, and Opportunities
Drivers: Increased demand for agricultural commodities, ongoing R&D in fertilizer manufacturing, and advances such as time-release encapsulation methods are key factors driving market growth.
Restraints: The growing adoption of organic agriculture practices presents a significant challenge to market expansion.
Opportunities: The adoption of nutrient management techniques that optimize on-farm nutrient use and improve soil health opens up new growth opportunities for fertilizer additives in the future.
Market Segment Highlights
By Form:
The granular segment held the largest share in 2020, contributing to more than two-thirds of the market. It is expected to continue leading with the highest CAGR of 4.3% through 2030, driven by its role in enhancing fertilizer quality and shelf life.
By Type:
The anti-caking agents segment dominated in 2020, accounting for nearly one-third of the market. It is expected to grow at the fastest rate, with a CAGR of 4.6%, due to its role in preventing lump formation during storage.
Regional Insights:
LAMEA (Latin America, Middle East, and Africa) led the market in 2020, contributing nearly three-fifths of total revenue, and is projected to grow at a 4.5% CAGR during the forecast period. Factors such as the rise of modern agricultural techniques, increasing investments, and new fertilizer additive applications drive this regional growth.
North America follows closely, while the report also includes analyses of Asia-Pacific and Europe.
Leading Market Players:
Key players in the global fertilizer additives market include:
ArrMaz Products Inc.
CHEMIPOL, S.A.
Clariant AG
Emulchem
KAO Corporation
LignoStar
Michelman Inc.
Novochem Group
Solvay
Tolsa SA
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐:
https://www.alliedmarketresearch.com/fertilizer-additives-market/purchase-options
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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