Press release
Fertilizer Additives Market Growth Analysis and Long-Term Forecast 2030
The global fertilizer additives market is witnessing steady growth, driven by the rising demand for agricultural commodities and continuous R&D advancements in fertilizer manufacturing technologies.According to a recent report by Allied Market Research, titled:
"Fertilizer Additives Market by Form, Type, Application: Global Opportunity Analysis and Industry Forecast, 2021-2030",
the industry was valued at $3.2 billion in 2020 and is projected to reach $4.7 billion by 2030, growing at a CAGR of 4.1% from 2021 to 2030.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/2327
Market Drivers, Restraints & Opportunities:-
Key Growth Drivers:
- Surge in global demand for agricultural commodities
- Ongoing R&D in fertilizer manufacturing technologies
- Advancements such as time-release encapsulation methods
- Improved fertilizer production processes
Market Restraint:
- Increasing adoption of organic agriculture practices
Emerging Opportunities
- Implementation of nutrient management systems
- Optimization of on-farm nutrient utilization
- Growing focus on maintaining long-term soil health
Segment Insights:
By Form: Granular Segment Leads:
- The granular segment accounted for over two-thirds of market share in 2020.
- Expected to maintain dominance through 2030.
- Projected CAGR: 4.3% (2021-2030).
Benefits include:
- Easier quality evaluation
- Enhanced protection from environmental factors
- Improved shelf life
Other forms analyzed include prilled and powdered.
By Type: Anti-Caking Agents Dominate
- The anti-caking agents segment held nearly one-third of market share in 2020.
- Projected to register the fastest CAGR of 4.6%.
- Prevents lump formation during storage.
- Ensures product consistency and quality.
Other types covered:
- Antifoam agents
- Dust control coatings
- Coloring agents
- Granulation aids
- Corrosion inhibitors
- Hydrophobic additives
Regional Outlook:-
LAMEA Leads Growth:
- LAMEA (Latin America, Middle East & Africa) accounted for nearly three-fifths of global revenue in 2020.
- Expected to register the fastest CAGR of 4.5%.
Growth supported by:
- Expanding agricultural industries
- Increased sector investments
- Adoption of modern agricultural technologies
- Emerging applications of fertilizer additives
Other regions analyzed include Asia-Pacific, North America, and Europe.
Major Market Players:-
Key companies operating in the fertilizer additives market include:
- ArrMaz Products Inc.
- CHEMIPOL, S.A.
- Clariant AG
- Emulchem
- KAO Corporation
- LignoStar
- Michelman Inc.
- Novochem Group
- Solvay
- Tolsa SA
Obtain Report Details: https://www.alliedmarketresearch.com/fertilizer-additives-market
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us
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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