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According to the latest report by IMARC Group, titled “Fertilizer Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027; the global fertilizer additives market reached a value of US$ 2.88 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.36 Billion by 2027, exhibiting at a CAGR of 2.54% during 2022-2027.
Fertilizer additives widely include ingredients used to improve the productivity of fertilizers. They offer anti-caking coatings for preserving the granular nature of fertilizers and providing water resistance. Fertilizer additives also assist in preventing the formation of lumps and the loss of essential nutrients, including nitrogen, potassium, phosphorus, sulfur, etc. Owing to this, they are widely utilized in the agriculture sector.
Request a Free PDF Sample of the Report: https://www.imarcgroup.com/fertilizer-additives-market/requestsample
Fertilizer Additives Market Trends:
The escalating risks of food shortages, on account of the expanding global population and the elevating urbanization levels, are primarily driving the fertilizer additives market. Moreover, the growing awareness regarding the soil deterioration caused by traditional agricultural practices and the declining arable land are further catalyzing the market growth. Besides this, fertilizer additives are being increasingly utilized as corrosion inhibitors and anti-dusting and hygroscopic agents to limit the loss of micro and macronutrients and improve soil productivity, which is acting as another significant growth-inducing factor. Additionally, the accelerating product demand in the transportation and storage of fertilizers to prevent moisture from affecting them in humid climatic conditions is augmenting the global market. Apart from this, the rising environmental concerns, owing to high greenhouse gas (GHG) emissions, are leading to the launch of numerous awareness programs to encourage the use of novel value-added fertilizers. This, in turn, is anticipated to fuel the fertilizer additives market over the forecasted period.
Fertilizer Additives Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the fertilizer additives market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key Market Segmentation:
Breakup by Function:
Breakup by Form:
Breakup by Application:
Breakup by Region:
Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4645&flag=E
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Key Highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
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