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(MoneyNewsWire.Net, September 08, 2017 ) The North America Fertilizer Additives was worth USD 0.67 billion in 2016 and estimated to be growing at a CAGR of 2.73%, to reach USD 0.76 billion by 2021. The market is showing immense potential in the given forecast period. The North America Fertilizer Additives Market continues to grow with the increase in demand for the fertilizers, due to increasing pressure on food production in North America and development in technology of fertilizer production.
Fertilizer Additives are compounds added to the fertilizers in order to enhance their productivity. The demand for high yields in agriculture are met with the subsequent requirements for high quality fertilizers and primary nutrients, which in turn is responsible for the increase in the demand for the Fertilizer additives.
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The Research and development in fertilizer manufacturing technology has led to an evident growth of the market of fertilizer additives. Other key factors driving the growth of North America Fertilizer Additives Market include, ease of application and handling of fertilizers, rising demand for agricultural commodities and demand for higher yield crops. Further, factors such as environmental impact of chemical fertilizers, growth of organic fertilizer industry, adverse effects of agrochemicals on human health and stringent government regulations are hindering the North America Fertilizer Additives Market growth.
The North America Fertilizer Additives Market is segmented on the basis of function, application and form of application. Based on function, the market is segmented into Anticaking Agents, Dedusting Agents, Antifoaming Agents, Hydrophobic Agent, and Corrosion Inhibitors. The Anti-caking segment dominates the North America Fertilizer Additives Market in 2016 and is projected to grow at the highest CAGR among all sub segments. By Application, the market is categorised under Urea, Ammonium Nitrate, Diammonium Phosphate, Monoammonium Phosphate, Ammonium Sulphate and Triple Super Phosphate. Similarly, on the basis of form of application the segmented under Granular Fertilizers, Prilled Fertilizers and Powdered Fertilizers. On the basis of geography, the North America Fertilizer Additives Market is analysed under two countries namely United States and Canada.
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Some of the major companies leading the North America Fertilizer Additives Market include Clariant, KAO Corporation, Michelman, Novochem Group, Arrmaz, Amit Trading Ltd., Filtra Catalysts & Chemicals Ltd., Forbon Technology, Chemipol, Tolsa Group.
Market Segmentation
1) Function
Introduction
Anticaking Agents
Dedusting Agents
Antifoaming Agents
Hydrophobic Agent
Corrosion Inhibitors
Y-o-Y Growth Analysis, By Function
Market Attractiveness Analysis, By Function
Market Share Analysis, By Function
2) Application
Introduction
Urea
Ammonium Nitrate
Diammonium Phosphate
Monoammonium Phosphate
Ammonium Sulphate
Triple Super Phosphate
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
3) Form of Application
Introduction
Granular Fertilizers
Prilled Fertilizers
Powdered Fertilizers
Y-o-Y Growth Analysis, By Form of Application
Market Attractiveness Analysis, By Form of Application
Market Share Analysis, By Form of Application
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The North America Fertilizer Additives Market study offers the following deliverables:
North America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the North America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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