Lucintel Forecasts Fertilizer Additive Market To Grow At A Cagr Of 2%-4%

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According to the recent study the fertilizer additive market is projected to grow at a CAGR of 2%-4% from 2020 to 2025. Growth in this market is primarily driven by growth in the fertilizer industry and increasing demand for food commodities.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in 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).
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“Granules market is expected to remain the largest segment during the forecast period.”
Based on form, the fertilizer additive market is segmented into prills, granules, powders, and others. ...
... Lucintel forecasts that the granules market is expected to remain the largest segment over the forecast period due to growing usage of fertilizers to increase productivity.
“Within the fertilizer additive market, the urea segment is expected to remain the largest application”
Based on application, the poultry segment is expected to witness the largest segment by application over the forecast period as it is easily available and extensively used by farmers owing to its high nitrogen content.
“Asia Pacific will dominate the fertilizer additive market in near future”
Asia Pacific is expected to be the largest region over the forecast period due to growth of the agriculture sector in developing countries, such as China and India.
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Major players of fertilizer additive market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Clariant Mining Solutions, KAO Corporation, Novochem Group, ArrMaz, Filtra Catalysts & Chemicals, Amit Trading, Coromandel International, Mosaic, AgriGro, Chemipol, Michelman, Tolsa Group, and Forbon Technology are among the major fertilizer additive providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fertilizer-additive-market.aspx or helpdesk@lucintel.com
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