Global Fertilizer Additives Market by Function (Corrosion Inhibitors, Hydrophobic Agents), by End-product (Urea, Ammonium Nitrate) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Global fertilizer additives market was valued at USD 3.25 Billion in 2018. It is forecast to grow at 3.1% CAGR over the forecast period. Demand is expected to rise due to the strong growth of the fertilizer market and decreasing per capita arable soil.
Over the forecast period, the product's ability to prevent the loss of key nutrients like phosphorous and sulfur, as well as potassium, will be expected to increase the growth. It is also used to prevent corrosion and caking during transport and storage. It can also be used to prevent moisture and lump formation in fertilizers that are usually caused by humid climatic conditions.
The United States is one of North America's largest markets. The growing demand has been fueled by a revival of the agriculture sector. Due to the variations in storage temperatures, this product is most often used as an anti-caking ingredient in the United States.
Because they reduce the loss of nitrogen, potassium and sulfur due to volatilization, denitrification and leaching, additives can increase fertilizer nutrition. The most important additive is nitrogen-based products. This is because nitrogen is an essential component of plant growth.
These fertilizers are often mixed with water-soluble fertilizers, which increases the nitrogen ions' ability to stay in the soil for longer periods of time. These fertilizers are usually added to the soil shortly after it is made or during its manufacture.
The agrochemical market's consumption of fertilizers is a major factor in the demand for fertilizer ingredients. Both from a volumetric and value-based perspective, the future growth of fertilizer additives is heavily dependent on the harmonization of agricultural standards around the world and the indoctrination and adoption of new farming practices by farmers, particularly in economically backward countries like Africa, India, and Latin America. Based on empirical data, it is clear that food demand will drive food production, which in turn will lead to a need for fertilizer additives.
Function Insights
The product's major functions include anti-caking, anti–dusting, erosion inhibitors, as well as anti-coating. Anti-caking was the most popular function in the market for fertilizer additives in 2018, as it is particularly important during monsoon. Because fertilizer flakes form when they are kept during monsoon, this is because of the fact that the monsoon season is the best time to store them. Using additives makes it possible to transport fertilizers safely and securely.
Anti-dusting was ranked second in importance of the product's 2018 function. Anti-dusting is essential for fertilizers that are being transported or stored where dust could be a problem.
Also known as water repellents, hydrophobic agents can also be called water repellents. They prevent moisture from affecting the quality of fertilizers. The content of fertilizers' essential nutrients, such as nitrogen, potassium, and phosphorus is affected by moisture.
End-Product Insight
Urea dominated the 2018 end-product segment. Urea can be readily synthesised and is easily available, making it one of the most widely used nitrogenous fertilizers. The emerging markets like Brazil and India will see a growing demand for Urea. Urea is highly nutritious and a popular choice for farmers. It is also easily available on the market, and farmers use it extensively, especially in the emerging Asia Pacific region.
The major source of nitrogen is ammonium nitrate. It contains both nitrates and ammonia. It is cost-effective and has a high nutritional content, making it a popular choice among farmers. It is second in use after urea. Ammonium nitrate is becoming more popular in Latin America and Asia Pacific, which are price-sensitive areas. The low price and high ammonium and nitrogen content of ammonium nitrate are two reasons for the rising demand.
High levels of phosphorus are a hallmark of ammonium phosphate, which is essential for fertilizers. It is also known to absorb moisture in both the field and in storage. These problems are avoided by fertilizers' hydrophobic qualities. Based on the application, there is a choice of two types ammonium-phosphate fertilizers: diammoniumphosphate (DAP) or ammonium polyphosphates APP.
Regional Insights
From 2019 to 2025, the Asia Pacific market has the highest CAGR at 3.3% in terms of revenue. Over the forecast period, the strong growth of emerging economies like India and China's agriculture sector is expected to increase the demand for additives. Agriculture is a key sector that determines the region's GDP, such as India and China and Bangladesh and Sri Lanka.
North America is expected to grow at the second highest CAGR in the next year. Urea and ammonium Nitrate are the dominant fertilizer additives markets in North America. The increasing demand for fertilizers in North America is due to the growth of the crop nutrient management industry.
Europe has a lot of land and good weather conditions that have made it possible to grow multiple crops. The European Commission has established various regulations for manufacturing and the use of the product. The Commission requires that additive manufacturers obtain approval for active ingredients before they can launch a product.
Market Share Insights & Key Companies
The market has become highly stable due to ongoing research and development in the fertilizers field. KAO Corporation, Novochem Group and Filtra Catalysts & Chemicals Ltd, among others, are investing in research & Development to increase their product offerings and gain a significant market share.
Other players like ChemSol LLC and Michelman, Tolsa Group and Amit Trading Ltd are also looking to increase their global presence through mergers & acquisitions and collaboration & joint ventures as well as new product development.
Fertilizer Additives Market Report Scope
Report Attribute |
More Details |
Market size in 2019 |
USD 3.35 Billion |
Forecast Revenues in 2025 |
USD 4.01 Billion |
Growth Rate |
CAGR of 3.1% between 2019 and 2025 |
Estimation base year |
2018 |
Historical data |
2014 - 2017 |
Forecast period |
2019 - 2025 |
Quantitative units |
From 2019 to 2025, revenue in USD millions and CAGR |
Report coverage |
Forecast revenue, company ranking and competitive landscape, growth factors and trends |
Segments covered |
Function, end-product and region |
Regional scope |
North America; Europe, Asia Pacific; Central & South America. Middle East & Africa |
Country coverage |
U.S., Canada, Germany, UK, France, Italy, China, Japan, India, Brazil |
Key companies profiled |
KAO Corporation, Novochem Group Clariant Solvay and Filtra Catalysts & Chemicals Ltd. |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your research needs. Explore your purchase options |
The report covers segments
This report forecasts revenue growth at the country and regional level. It also analyzes the industry trends for each sub-segment from 2014 through 2025. Grand View Research, Inc. analyzed the market for fertilizer additives on the basis function, country, and end-product.
-
Function Outlook (Volume of Kilotons; Revenues, USD Millions, 2014-2025)
-
Corrosion inhibitors
-
Hydrophobic Agents
-
Anti-dusting Agents
-
Anti-caking Agent
-
Slow Release Coatings
-
Urea
-
Ammonium Nitrate
-
Ammonium Phosphate
-
Other
-
-
Other
-
-
End-product Outlook (Volume of Kilotons; Revenues, USD Million, 2014-2025)
-
Urea
-
Ammonium Nitrate
-
Ammonium Phosphate
-
Ammonium Sulphate
-
Other
-
-
Regional Outlook (Volume of Kilotons; Revenues, USD Million, 2014-2025)
-
North America
-
The U.S.
-
Canada
-
-
Europe
-
Germany
-
UK
-
France
-
Italy
-
-
Asia Pacific
-
China
-
Japan
-
India
-
-
Central & South America
-
Brazil
-
-
Middle East & Africa
-
These are the most frequently asked questions about this report
What is the size of the fertilizer additives industry?b. Global fertilizer additives market was valued at USD 3.35 Billion in 2019, and is forecast to grow to USD 3.45 Billion by 2020.
What is the market growth for fertilizer additives?b. Global fertilizer additives demand is expected to rise at a compound annual rate of 3.1% between 2019 and 2025, reaching USD 4.01 billion in 2025.
Which segment had the largest market share for fertilizer additives?b. With a market share of 59.5%, Asia Pacific dominated fertilizer additives in 2019, This is due to the robust growth of emerging economies like India and China's agriculture sector.
Which are the major players in the fertilizer additives marketb. KAO Corporation, Novochem Group Clariant Solvay and Filtra Catalysts & Chemicals Ltd. are some of the key players in the market for fertilizer additives.
What are the driving factors for the market for fertilizer additives?b. The market growth is driven by strong growth in the fertilizer industry, rising population and decreasing per capita arable land.
Up Market Research published a new report titled “Fertilizer Additives Market research report which is segmented by Function (Corrosion Inhibitors, Hydrophobic Agents), by End-product (Urea, Ammonium Nitrate), By Players/Companies KAO Corporation, Novochem Group, Solvay, Clariant, Filtra Catalysts & Chemicals Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Fertilizer Additives Market Research Report |
By Function | Corrosion Inhibitors, Hydrophobic Agents |
By End-product | Urea, Ammonium Nitrate |
By Companies | KAO Corporation, Novochem Group, Solvay, Clariant, Filtra Catalysts & Chemicals Ltd |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 244 |
Number of Tables & Figures | 171 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Fertilizer Additives Market Report Segments:
The market is segmented by Function (Corrosion Inhibitors, Hydrophobic Agents), by End-product (Urea, Ammonium Nitrate).
Fertilizer Additives Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Fertilizer Additives Market
Overview of the regional outlook of the Fertilizer Additives Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Fertilizer Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Fertilizer Additives Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Corrosion Inhibitors
2. Hydrophobic Agents
7. By End-product:1. Urea
2. Ammonium Nitrate
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fertilizer Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Fertilizer Additives Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fertilizer Additives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fertilizer Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fertilizer Additives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fertilizer Additives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fertilizer Additives Market Size & Forecast, 2018-2028
4.5.1 Fertilizer Additives Market Size and Y-o-Y Growth
4.5.2 Fertilizer Additives Market Absolute $ Opportunity
Chapter 5 Global Fertilizer Additives Market Analysis and Forecast by Function
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Function
5.1.2 Basis Point Share (BPS) Analysis by Function
5.1.3 Absolute $ Opportunity Assessment by Function
5.2 Fertilizer Additives Market Size Forecast by Function
5.2.1 Corrosion Inhibitors
5.2.2 Hydrophobic Agents
5.3 Market Attractiveness Analysis by Function
Chapter 6 Global Fertilizer Additives Market Analysis and Forecast by End-product
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by End-product
6.1.2 Basis Point Share (BPS) Analysis by End-product
6.1.3 Absolute $ Opportunity Assessment by End-product
6.2 Fertilizer Additives Market Size Forecast by End-product
6.2.1 Urea
6.2.2 Ammonium Nitrate
6.3 Market Attractiveness Analysis by End-product
Chapter 7 Global Fertilizer Additives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fertilizer Additives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fertilizer Additives Analysis and Forecast
9.1 Introduction
9.2 North America Fertilizer Additives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fertilizer Additives Market Size Forecast by Function
9.6.1 Corrosion Inhibitors
9.6.2 Hydrophobic Agents
9.7 Basis Point Share (BPS) Analysis by Function
9.8 Absolute $ Opportunity Assessment by Function
9.9 Market Attractiveness Analysis by Function
9.10 North America Fertilizer Additives Market Size Forecast by End-product
9.10.1 Urea
9.10.2 Ammonium Nitrate
9.11 Basis Point Share (BPS) Analysis by End-product
9.12 Absolute $ Opportunity Assessment by End-product
9.13 Market Attractiveness Analysis by End-product
Chapter 10 Europe Fertilizer Additives Analysis and Forecast
10.1 Introduction
10.2 Europe Fertilizer Additives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fertilizer Additives Market Size Forecast by Function
10.6.1 Corrosion Inhibitors
10.6.2 Hydrophobic Agents
10.7 Basis Point Share (BPS) Analysis by Function
10.8 Absolute $ Opportunity Assessment by Function
10.9 Market Attractiveness Analysis by Function
10.10 Europe Fertilizer Additives Market Size Forecast by End-product
10.10.1 Urea
10.10.2 Ammonium Nitrate
10.11 Basis Point Share (BPS) Analysis by End-product
10.12 Absolute $ Opportunity Assessment by End-product
10.13 Market Attractiveness Analysis by End-product
Chapter 11 Asia Pacific Fertilizer Additives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fertilizer Additives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fertilizer Additives Market Size Forecast by Function
11.6.1 Corrosion Inhibitors
11.6.2 Hydrophobic Agents
11.7 Basis Point Share (BPS) Analysis by Function
11.8 Absolute $ Opportunity Assessment by Function
11.9 Market Attractiveness Analysis by Function
11.10 Asia Pacific Fertilizer Additives Market Size Forecast by End-product
11.10.1 Urea
11.10.2 Ammonium Nitrate
11.11 Basis Point Share (BPS) Analysis by End-product
11.12 Absolute $ Opportunity Assessment by End-product
11.13 Market Attractiveness Analysis by End-product
Chapter 12 Latin America Fertilizer Additives Analysis and Forecast
12.1 Introduction
12.2 Latin America Fertilizer Additives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fertilizer Additives Market Size Forecast by Function
12.6.1 Corrosion Inhibitors
12.6.2 Hydrophobic Agents
12.7 Basis Point Share (BPS) Analysis by Function
12.8 Absolute $ Opportunity Assessment by Function
12.9 Market Attractiveness Analysis by Function
12.10 Latin America Fertilizer Additives Market Size Forecast by End-product
12.10.1 Urea
12.10.2 Ammonium Nitrate
12.11 Basis Point Share (BPS) Analysis by End-product
12.12 Absolute $ Opportunity Assessment by End-product
12.13 Market Attractiveness Analysis by End-product
Chapter 13 Middle East & Africa (MEA) Fertilizer Additives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fertilizer Additives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fertilizer Additives Market Size Forecast by Function
13.6.1 Corrosion Inhibitors
13.6.2 Hydrophobic Agents
13.7 Basis Point Share (BPS) Analysis by Function
13.8 Absolute $ Opportunity Assessment by Function
13.9 Market Attractiveness Analysis by Function
13.10 Middle East & Africa (MEA) Fertilizer Additives Market Size Forecast by End-product
13.10.1 Urea
13.10.2 Ammonium Nitrate
13.11 Basis Point Share (BPS) Analysis by End-product
13.12 Absolute $ Opportunity Assessment by End-product
13.13 Market Attractiveness Analysis by End-product
Chapter 14 Competition Landscape
14.1 Fertilizer Additives Market: Competitive Dashboard
14.2 Global Fertilizer Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KAO Corporation
14.3.2 Novochem Group
14.3.3 Solvay
14.3.4 Clariant
14.3.5 Filtra Catalysts & Chemicals Ltd