According to ChemView Consulting’s recent market survey, the global fertilizer additives market is projected to account for US$ 1,089.5 Mn in 2022. Growing concern over yield improvement has led to the development of numerous fertilizer formulations that include a unique blend of fertilizer additives to impart appropriate qualities based on climate, soil type, and crop type across areas. This trend, as well as usage forms, gives the worldwide fertilizer additive market a considerable boost, due to which the market is poised to grow at a CAGR of 4.5% between 2022 and 2030.
Use of fertilizer components in numerous packages to pressure the worldwide fertilizer components marketplace Fertilizer components are carried out to numerous kinds of fertilizers and make certain correct software of fertilizers at the land. Depending on the producing process, the debris of mineral fertilizers may be of numerous sizes and shapes, which consist of granules, pellets, `prills,` crystals, and first-rate powder (dust). Most of the fertilizer components are blended into granular fertilizers in comparison to the alternative kinds of software. The use of fertilizer components at some point of farming additionally allows the grower preserve the great of produce. The mixture of fertilizer additive and fertilizers allows in enhancing and growing the yield. For instance, granular or dry fertilizers are to be had withinside the dry pelleted form, in contrast to spikes, liquid, and powder fertilizers. The principal gain of the usage of granular fertilizers is that they may be just like time-launch capsules, permitting vitamins to go with the drift out over time, rather than flooding the vegetation with vitamins, as liquid fertilizers.
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Some of the key players present in the Global Fertilizer Additives market are:
Timac Agro USA
Hubei Forbon Technology Co Ltd
Fertibon Products Pvt Ltd
Neelam Aqua & Speciality Chem (P) Ltd
Segments Covered in Report
By Product Type:
- Anti-caking Agents
- Dust Suppressors
- Drying Agents
- Granulation Agents
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
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