Report Feature
The future of the fertilizer additive market looks promising with opportunities in urea, ammonium nitrate, diammonium phosphate, monoammonium phosphate, ammonium sulfate, and triple superphosphate applications. The global fertilizer additive market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 2% to 4% from 2020 to 2025. The major drivers for this market are growth in the fertilizer industry and increasing demand for food commodities.
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The study includes trends and forecasts for the global fertilizer additives market by function, form, application, and region as follows:
By Function [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
- Anticaking Agent
- Dedusting Agent
- Antifoam Agent
- Hydrophobic Agent
- Corrosion Inhibitors
- Coating Agents
- Others
By Form [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
- Prills
- Granules
- Powders
- Others
By Application [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
- Urea
- Ammonium Nitrate
- Diammonium Phosphate
- Monoammonium Phosphate
- Ammonium Sulfate
- Triple Superphosphate
- Others
By Region [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- Germany
- United Kingdom
- France
- Italy
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Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Some of the fertilizer additives companies profiled in this report include Clariant Mining Solutions, KAO Corporation, Novochem Group, ArrMaz, Filtra Catalysts & Chemicals, Amit Trading, Coromandel International, Mosaic, AgriGro, Chemipol, Michelman, Tolsa Group, and Forbon Technology.
Lucintel forecasts that granules will remain the largest form segment over the forecast period due to growing usage of fertilizers to increase productivity.
Within the fertilizer additive market, urea will remain the largest application segment during the forecast period, as it is easily available and extensively used by farmers owing to its high nitrogen content.
Asia Pacific will remain the largest region the forecast period due to growth of the agriculture sector in developing countries, such as China and India.
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Features of Fertilizer Additives Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global fertilizer additive market by function (anticaking agent, dedusting agent, antifoam agent, hydrophobic agent, corrosion inhibitors, coating agents, and others), form (prills, granules, powders, and others), application (urea, ammonium nitrate, diammonium phosphate, monoammonium phosphate, ammonium sulfate, triple superphosphate, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the fertilizer additive market? Q.5 What are the business risks and threats to the fertilizer additive market? Q.6 What are the emerging trends in the fertilizer additive market and the reasons behind them? Q.7 What are some changing demands of customers in the fertilizer additive market? Q.8 What are the new developments in the fertilizer additive market? Which companies are leading these developments? Q.9 Who are the major players in the fertilizer additive market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the fertilizer additive market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the fertilizer additive market? |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Fertilizer Additives Market
6.1.1 Growth Opportunities for the Global Fertilizer Additives Market by Function
6.1.2 Growth Opportunities for the Global Fertilizer Additives Market by Form
6.1.3 Growth Opportunities for the Global Fertilizer Additives Market by Application
6.1.4 Growth Opportunities for the Global Fertilizer Additives Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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