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(MoneyNewsWire.Net, September 18, 2017 ) The Latin America Fertilizer Additives Market is valued at USD 0.31 billion in 2016 and estimated to grow at a CAGR of 2.45%, to reach USD 0.35 billion by 2021. The Latin America Fertilizer Additives Market continues to show momentum with the rise in demand for the fertilizers due to high pressure on Latin America food production and development in the field of fertilizer production technologies.
Fertilizer Additives are generally chemicals compounds which are added to the fertilizers to improve their productivity. The growing demand for high agricultural yields are usually met with the subsequent demands for higher quality fertilizers and primary nutrients, which is responsible for the increase in the usage of Fertilizer additives.
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The Research and development in the technology of fertilizer manufacturing has been responsible for evident growth in the Latin America fertilizer additives market. Other important factors driving the fertilizer additives market include, ease of application and handling of fertilizers, demand for high yielding crops and rising demand for agricultural commodities. The Latin America Fertilizer additives market also faces some challenges and restraints. Some of these factors include, adverse effects of agrochemicals on human health, growth of organic fertilizer industry, environmental impact of chemical fertilizers and stringent government regulations.
The Latin America Fertilizer Additives Markets is segmented on the basis of function, application and form of application. By function, the market is segmented into Dedusting Agents, Antifoaming Agents, Hydrophobic Agent, Anticaking Agents, and Corrosion Inhibitors. Among these, Anti-caking agents holds the largest share of Latin America Fertilizer Additives market. By Application, the market is segmented under Diammonium Phosphate, Ammonium Nitrate, Urea, Monoammonium Phosphate, Ammonium Sulphate and Triple Super Phosphate. At present, the ferlizer additives are most used with Urea, which contributes to a bulk share.
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Similarly, on the basis of form of application, the segmentation is done under Granular Fertilizers, Prilled Fertilizers and Powdered Fertilizers. Geographically, the Latin America Fertilizer Additives Market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Some of the major companies dominating the Latin America Fertilizer Additives Market, by their products and services include Clariant, Michelman, KAO Corporation, Amit Trading Ltd., Novochem Group, Arrmaz, Chemipol, Filtra Catalysts & Chemicals Ltd., Forbon Technology, 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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Reasons to buy Latin America Fertilizer Additives Market Research Report:
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 global 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
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