Product Code: SR112023A4645
Abstract
The global fertilizer additives market size reached US$ 2.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2028, exhibiting a growth rate (CAGR) of 2.69% during 2022-2028.
Fertilizer additives are ingredients used to stimulate the productivity of fertilizers. They offer anti-caking coatings that preserve the granular nature of fertilizers and provide water resistance. They also aid in preventing the formation of lumps and dust and the loss of essential nutrients, such as nitrogen, phosphorus, potassium, and sulfur. As a result, their demand is escalating around the world.
Fertilizer Additives Market Trends:
At present, there is a considerable shortage of food worldwide due to the increasing global population and rapid urbanization. This, coupled with the rising awareness among individuals about soil deterioration caused by conventional agricultural practices and limited arable land, represents one of the major factors positively influencing the sales of fertilizer additives. They are increasingly being utilized as corrosion inhibitors, anti-dusting, and hygroscopic agents due to their ability to inhibit the loss of macro and micronutrients and improve the productivity of the soil. Moreover, they are employed during the transportation and storage of fertilizers to prevent moisture caused by humid climatic conditions. Furthermore, due to the growing environmental concerns caused by greenhouse gas (GHG) emissions, governing agencies of numerous countries are taking several initiatives to spread awareness among farmers about the use of novel value-added fertilizers and the benefits of fertilizers additives. They are also extending their support to agriculture by offering grants and subsidies, which in turn, is strengthening the market growth. Some of the other major factors, including the introduction of various technological innovations, an increase in the demand for urea-based fertilizers, a significant rise in the willingness of farmers to spend on improving crop productivity, and the thriving agricultural sector, are anticipated to create a favorable market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fertilizer additives market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on function, form and application.
Breakup by Function:
Dust Control Agent
Anticaking Agent
Antifoaming Agent
Hydrophobing Agent
Corrosion Inhibitor
Others
Breakup by Form:
Granular
Prilled
Powdered
Breakup by Application:
Urea
Monoammonium Phosphate
Triple Super Phosphate
Diammonium Phosphate
Ammonium Nitrate
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amit Trading Ltd, ArrMaz (Arkema S.A.), BASF SE, Clariant AG, Corteva Inc., Dorf-Ketal Chemicals India Private Limited, Holland Novochem B.V., Hubei Forbon Technology Co Ltd, KAO Corporation, Michelman Inc., Solvay S.A. and Tolsa SA.
Key Questions Answered in This Report:
- How has the global fertilizer additives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global fertilizer additives market?
- What are the key regional markets?
- What is the breakup of the market based on the function?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global fertilizer additives market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Fertilizer Additives Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Function
- 6.1 Dust Control Agent
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Anticaking Agent
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Antifoaming Agent
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Hydrophobing Agent
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Corrosion Inhibitor
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Form
- 7.1 Granular
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Prilled
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Powdered
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Urea
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Monoammonium Phosphate
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Triple Super Phosphate
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Diammonium Phosphate
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Ammonium Nitrate
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Amit Trading Ltd
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 ArrMaz (Arkema S.A.)
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 BASF SE
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Clariant AG
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 Corteva Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Dorf-Ketal Chemicals India Private Limited
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Holland Novochem B.V.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Hubei Forbon Technology Co Ltd
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 KAO Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Michelman Inc.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Solvay S.A.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Tolsa SA
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio