Hexa Reports Market Research Reports and Insightful Company Profiles Fertilizer Additives Market: In-depth Analysis By Function, By End Product And Trend to 2024 The global fertilizer additives market is projected to reach USD 3.94 billion by 2024. Growing fertilizer industry and shrinking arable land are projected to drive the market over the forecast period. Additives are added to fertilizers in order to inhibit the loss of key nutrients such as nitrogen phosphorus, potassium, and sulfur, among others. The additives, which are available in both, solid and liquid forms, are used during storage and transportation of fertilizers. Browse Detail Fertilizer Additives Market Report @ http://www.hexareports.com/report/fertilizer-additives-market Anti-caking was the most popular function of additives in 2015. Caking of fertilizers is one of the major problems faced by farmers, retailers and manufacturers, particularly during rains. Change in storage temperatures also results in caking. Additives are used to overcome these challenges. Hexa Reports Market Research Reports and Insightful Company Profiles Further key findings from the report suggest: Urea dominated the end product segment in 2015 with a share of 55.6%. it is widely used globally, since it contains the highest amount of nitrogen among all fertilizers. Factors such as shrinking arable land have increased the importance of products such as urea and ammonium nitrate, which help in cultivation in a short span of time, in limited available land. Request Sample Copy of this Report @ http://www.hexareports.com/report/fertilizer-additives-market/request-sample Anti-caking dominated the function segment in 2015. This segment is projected to grow at the highest CAGR of 3.7 over the forecast period. Additives are used to avoid the formation of lumps in fertilizers, enabling safe storage and transportation. Asia Pacific led the global market with a share of 58.8% in 2015. This region is home to some of the emerging countries such as China and India. The market in India, where, agriculture is the primary occupation, is projected to drive the market from 2016 to 2024. The weather in this part of the world gets hot and humid during summer, which can lead to caking and loss of essential nutrients in fertilizers. Thus, additives are expected to play an important role in maintaining the quality of fertilizers in this region. Clariant, KAO Corporation, Novochem Group, and ChemSol, LLC are some of the key manufacturers of additives. Other players include Filtra Catalysts & Chemicals Ltd., Solvay, Arrmaz, Chemipol, Forbon Technology, Michelman, Tolsa Group, and Amit Trading Ltd. The companies adopted various development strategies such as new product developments, expansions, mergers & acquisitions, and agreements, partnerships, & joint ventures to establish themselves as market leaders and expand their global reach. Explore More Related Reports @ Thermal Interface Materials Market http://www.hexareports.com/report/thermal-interface-materials-market Practice Management System Market http://www.hexareports.com/report/practice-management-system Hexa Reports Market Research Reports and Insightful Company Profiles About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: [email protected] Our Website: http://www.hexareports.com/ Visit our Blog: http://hexareports.blogspot.com/ Like our Facebook page: https://www.facebook.com/hexareportsindustry/ Follow us on LinkedIn: https://www.linkedin.com/company/hexa-reports-inc-
The global fertilizer additives market is projected to reach USD 3.94 billion by 2024. Clariant, KAO Corporation, Novochem Group, and ChemSol, LLC are some of the key manufacturers of additives.
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