Chemicals and Materials Fertilizer Additives Market Demand Analysis

Global Fertilizer Additives Market to be Augmented by Increase
in Population and Shrinking Arable Land by 2027
A recently published report by Research Nester titled “Global Fertilizer
Additives Market: Global Demand Analysis & Opportunity
Outlook 2027” delivers detailed overview of the global fertilizer additives
market in terms of market segmentation by product, by function, by form
and by region.
The global fertilizer additives market is segmented by type, by function type
and by form type. Based on type, the market is segmented into urea,
ammonium nitrate, ammonium phosphate, ammonium sulfate and others.
By function type, the market is sub-segmented into anti-caking, anti-dusting,
corrosion inhibitors, hydrophobic agents and others. By form type, the
market is categorized into granules, powder, and prilled.
The global fertilizer additives market is anticipated to record a CAGR of 3%
over the forecast period i.e. 2019-2027 owing to increasing population and
shrinking arable land. The overall expansion in the fertilizer and cultivation
industry in order to compensate the increasing food grain demand is
expected to increase the market growth. The urea segment is anticipated to
have around 57% of the market share on the back of its low cost, ease of
synthesis and higher availability followed by ammonium nitrate segment
which is expected to record a CAGR of around 5% during the forecast period.
The anti-caking additives market segment is expected to have more than
30% of the market share on the account of increase in fertilizer demand and
fertilizer price followed by anti-dusting segment which is expected to have
market share of around 27% on the back of improving transportation and
storage facilities.