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(MoneyNewsWire.Net, October 10, 2017 ) The Global Fertilizer Additives Market is estimated at USD 2.57 billion in 2016 and estimated to be growing at a CAGR of 2.6%, to reach USD 2.92 billion by 2021. The Fertilizer Additives market Growth continues to gain momentum with the increase in demand for fertilizers due to increasing pressure on global food production and development in technologies of fertilizer production.
Fertilizer Additives are chemicals added to the fertilizers to enhance their productivity. The demand for high agricultural yields are met with the subsequent demands for high quality fertilizers and primary nutrients, which in turn is responsible for the rise in the demand for the Fertilizer additives.
Browse market data tables and in-depth TOC of the Global Fertilizer Additives Industry to 2021 @ http://www.marketdataforecast.com/market-reports/global-fertilizer-additives-market-1878/
The Research and development in the field of fertilizer manufacturing technology has resulted in evident growth of the fertilizer additives market. Other key factors driving the Fertilizer Additives Market include, rising demand for agricultural commodities, ease of application and handling of fertilizers and demand for higher yield crops. The Fertilizer additives market also faces some restraints and challenges. Some of these factors are, growth of organic fertilizer industry, environmental impact of chemical fertilizers, adverse effects of agrochemicals on human health and stringent government regulations.
The Global 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. Of these, Anticaking agents dominates the market in 2016 and is projected to grow at the highest CAGR among all sub segments. By application, the Fertilizer additives market is segmented under Urea, Ammonium Nitrate, Diammonium Phosphate, Monoammonium Phosphate, Ammonium Sulphate and Triple Super Phosphate. Similarly, on the basis of form of application, the market is segmented under Granular Fertilizers, Prilled Fertilizers and Powdered Fertilizers. Based on Application and form of application the market was dominated by urea and granular fertilizers respectively.
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On the basis of geography, the global Fertilizer Additives market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Fertilizer Additives market was dominated by Asia-Pacific, with the overall market share of over 40% globally. Asia-pacific was followed by North America. The reason behind the growth in these regions is the high rate of adoption of new technologies in fertilizer production.
Some of the major companies dominating the Fertilizer Additives market, by their products and services include Clariant, KAO Corporation, Novochem Group, Amit Trading Ltd., Arrmaz, Filtra Catalysts & Chemicals Ltd., Chemipol, Forbon Technology, Michelman, 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 Global 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
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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