The fertilizer additives market is forecast to reach a value of USD 2.91 Billion by 2021. The demand of fertilizer additives is completely dependent on the growth of the fertilizer industry. Furthermore, the shrinking arable land, adoption of new technology, and the increasing willingness of farmers to spend more for higher productivity are some important factors that contribute to the increasing demand for fertilizer additives.
The shortage in the supply of agricultural products in the last 4-5 years has resulted in an increase in their prices, and subsequently the need to increase agricultural production. As a result, the demand for fertilizers has increased, which is expected to drive the demand of fertilizer additives.
The fertilizer additives market exhibits an oligopolistic type of competition. A few firms compete with each other on a global level, and products offered by these players have similar functions. Major fertilizer additive players provide customized products to end users (fertilizer manufacturers) based on their requirements.
The fertilizer additives market, on the basis of application, has been segmented into urea, ammonium nitrate, diammonium phosphate, monoammonium phosphate, ammonium sulphate, triple super phosphate, and others which includes potassium chloride, potassium sulphate, and phosphoric acid. The urea segment dominated the market in 2015 and is projected to grow at the highest CAGR during the forecast period.
- Amit Trading Ltd.
- Filtra Catalysts & Chemicals Ltd.
- Forbon Technology
- KAO Corporation
- Novochem Group
- Tolsa Group
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Fertilizer Additives Market, By Function
8 Fertilizer Additives Market, By Application
9 Fertilizer Additives Market, By Form of Application
10 Fertilizer Additives Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/585vsp/fertilizer
Related Topics: Agrochemicals and Fertilizers
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SOURCE Research and Markets