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Fertilizer Additives Market: Overview

Fertilizer additives improve the quality and stability of fertilizers and soil, avoid loss of nutrients such as nitrogen, phosphorus, potassium and sulfur, and prevent corrosion of the container used for transportation. They also provide anti-foaming and anti-caking characteristics to the fertilizer.

Foam causes serious problems to surface coatings. In case of fertilizers, it could prompt insufficient absorption of nutrients by soil as well as plants leading to stunted to almost no plant growth and loss of soil fertility over time. There are several chemical formulae which prevent foam formation.

Caking refers to the formation of lumps in granular or powdered materials. Since quite a few fertilizers are available in these forms, chances of their caking are high, which results in product loss. To avoid this, anti-caking agents are available, which enable easy packaging, transport, and consumption.

These additives are used either in the production stage of the fertilizers or mixed during their application in the field.

Fertilizer Additives Market Trends

Since nitrogen is the most essential nutrient required for plant growth, most fertilizer additives are not only rich with nitrogen, but also increase the amount of nitrogen released. However, this does not mean that other macro and micro nutrients are not present in them. A majority of fertilizer additives are utilized in nitrogen, phosphate, and potassium fertilizers. Sometimes they are also employed to increase the amount of micro nutrients (such as calcium, magnesium, and sulphur) in the fertilizer.

Soil depletion is the result of untreated loss of fertility. Soil fertility decreases over time or when its productive constituents are removed and not replaced. Fertilizer additives help expand the life span of soil, resulting in better crop yield.

Ammonium formulations are commonly used fertilizer additives, in which ammonium acts as a nitrogen supplier. A few examples include ammonium thio-sulphate, mono-ammonium phosphate, and di-ammonium phosphate.

Fertilizer Additives Market Segmentation

Based on product, this market can be divided into the ammonium thio-sulphate, ammonium nitrate, ammonium phosphates, trisodium phosphate, phosphoric acid, potassium nitrate, and other varieties. In terms of application, the categories include dust control, anti-caking, colorants, corrosion inhibitors, granulation aids, anti-foaming, and others.

Fertilizer Additives Market: Region-wise Outlook

Asia Pacific holds a share of more than 50% in the global fertilizer additives market. China and India are major consumers of this product owing to the vast agricultural zones in these countries. Agriculture is the primary occupation of India, which is expected to drive the fertilizer additive market here in the near future.

Fertilizer Additives Market: Key Players

Key players operating in the fertilizer additives market include Clariant, KAO Corporation, Novochem Group Calnetix Technologies LLC, Filtra Catalysts & Chemicals Ltd., Solvay, Arrmaz, Chemipol, Forbon Technology, Michelman, Tolsa Group, ChemSol LLC, and Amit Trading Ltd. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Fertilizer Additives Market

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