north america fertilizer additive Market

North America fertilizer additive market was valued at US$ 816.7 Mn in 2018, and is calculated to reach US$ 1,077.9 Mn by 2027, growing at a CAGR of 3.2% from 2019 - 2027.

The North America fertilizer additive market is characterized by the presence of market players such as OMEX Agriculture Inc. and ArrMaz. These players are highly focused on product innovation to attract new consumers.

Fertilizer additives are the substances that have been added to a fertilizer to enhance its efficiency by releasing the necessary nutrients required for the growth of a crop. These components act by slowing down the release into soil where environment and biological?s have impact. Fertilizer additives also inhibits biological activity which can impact the nitrogen cycle in the soil. For instance, nitrogen fertilizer additives are the substances which are added to a water-soluble or readily available fertilizer to extend the time a particular form of nitrogen remains in the soil. The loss of nutrients from the soil has led to rise in the demand for fertilizer additives. These compounds can also be used for improving the shelf life or the storage of fertilizers by preventing lump formation, caking, which can degrade the quality of the fertilizers. The use of fertilizers is one of the oldest methods of improvising agriculture processes. Modern chemical fertilizers contain three essential elements that are important for the nutrition of a plant those are nitrogen, potassium & phosphorus (NPK).

The anti-caking agent accounted for the largest share of the global fertilizer additive market. Anti-caking agents are used so that the powdered or granulated content doesn?t form lumps in moist conditions and can be packed comfortably. This anti-caking agent prevents the development of lumps which makes it easy for transportation, consumption, and packaging and for keeping it.

The use of fertilizers is one of the oldest methods of improvising agriculture processes. Modern chemical fertilizers contain three essential elements that are important for the nutrition of a plant those are nitrogen, potassium & phosphorus (NPK). The fertilizers also often include other nutrients necessary for plant growth such as sulphur, calcium, zinc, boron, copper, iron and magnesium. Thus, fertilizers play an important role in healthy plant growth as they provide the soil and hence the plant with essential nutrients that often gets depleted from the soil over time. Fertilizer additives are chemical or natural substances, which are added to increase the efficiency of fertilizers. Fertilizer additives help to improve the soil quality and prevent loss of essential nutrients such as nitrogen, phosphorus and sulfur. They also give antifoaming and anti-caking characteristics to the fertilizer. The anti-caking agent segment dominated the global fertilizer additive market whereas dust control agent segment is expected to register an exceptional growth rate during the forecast period.

The super-premium glass bottles are higher in price and value as compared to the premium and standard glass bottles. The peculiar design and texture of these types of bottles are customized and used by the well-established brands. The super-premium glass bottles used in the Fertilizer additive are gaining high popularity and profitability across the region. The rise in the consumption and demand of premium Fertilizer additive leads to an increase in the super-premium glass bottles and is forecasted to grow higher in the coming years. A significant use of TSP is in conditions where several solid fertilizers are mixed for broadcasting on the soil surface or for application in a concentrated band underneath the surface. It?s also appropriate for fertilization of leguminous crops where no additional N fertilization is needed.

North America fertilizer additive market is segmented based on country as -US, Canada, and Mexico. US accounted for the largest share in the North America Fertilizer Additive Market and was forecast to maintain its dominance over the forecast period. Canada accounted for the fastest growing in the North America Fertilizer Additive Market and was forecast to maintain its dominance over the forecast period. The growth of the fertilizer additive market in this region is primarily attributed to the development of the agricultural sector in the region, coupled with the significant demand for fertilizers in the past few years.

Some of the players present in North America fertilizer additive market are Arrmaz (Arkema Group), Solvay, KAO CORPORATION, Chemsol LLC, Clariant, Dorf Ketal, Michelman, Inc., Omex, Agriculture, Inc.
The overall North America fertilizer additive market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America Fertilizer additive market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America fertilizer additive market.