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Fertilizers are the substance obtained naturally or chemically synthesized to improve the overall growth of the plants. These substances can be applied to the soil or plant tissues directly with water-soluble or readily available fertilizer in order to promote growth or productivity of the plant. Fertilizer additives are used to enhance the performance of the fertilizers through the addition of binding agents, anti-caking agents, corrosion inhibitors and others. It controls the application of the fertilizer in portions to provide positive effects on the growth of the plants.
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Fertilizer Additives Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2027 The Global Fertilizer Additives Market is projected to reach a value of over USD 4.2 billion by 2027 at a CAGR of 2.9%. Fertilizers are the substance obtained naturally or chemically synthesized to improve the overall growth of the plants. These substances can be applied to the soil or plant tissues directly with water-soluble or readily available fertilizer in order to promote growth or productivity of the plant. Fertilizer additives are used to enhance the performance of the fertilizers through the addition of binding agents, anti-caking agents, corrosion inhibitors and others. It controls the application of the fertilizer in portions to provide positive effects on the growth of the plants. Get Sample Copy of This Report @ https://www.forencisresearch.com/fertilizer-additives-market- sample-pdf/ Fertilizer Additives Market: Drivers & Challenges
Market Driver: Growing Demand for Fertilizers Globally, the population is increasing at a rapid pace, resulting in higher demand for food. According to the United Nations report, the global population is expected to reach over 8.6 billion in 2050. Food and Agriculture Organization further explains that feeding a world population of over 8.6 billion in 2050 needs raising overall food production by approx. 70%. Shortage in the rural labor force, with relatively higher demand for food creates an urgent need for the agrochemicals such as fertilizers for boosting the agricultural yield. Limited availability of arable land coupled with increasing urbanization in the developing economies provides huge demand for fertilizers for increasing agriculture yield in the limited available space. Changing climatic conditions along with increasing efforts towards the adoption of advanced farming practices, is projected to propel the market growth. Market Restraint: Growing Demand for Organic Fertilizers The growth of the fertilizer additives is mainly hampered by the use of the organic fertilizers, which eliminates the use of any fertilizers to boost the overall performance. Increasing awareness regarding drawbacks of using synthetically produced chemical- based fertilizers that hamper the human, as well as environmental health, is acting as a real threat to the fertilizer additive market. Shifting preference of the farmers towards organic fertilizer over conventional synthetic ones is expected to hinder the market growth in the upcoming timespan. Fertilizer Additives Market: Key Segments On the basis of form, the market is segmented into: Granular, Liquid and Pellet. On the basis of type, the market is segmented into: Granulation Additives, Binders, Anti-caking Agents, Corrosion Inhibitors, Moisture Repellent Coating and Others On the basis of application, the market is segmented into: Nitrogen Fertilizers, Phosphorus Fertilizers, Calcium, Magnesium And Sulphur Fertilizers, Micronutrient Fertilizers and Others
Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis. Request Report Methodology On Competition On Global Fertilizer Additives Market Here @ https://www.forencisresearch.com/fertilizer-additives-market-request-methodology/ List of the leading companies operating in the Fertilizer Additives Market include: Arkema (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis) Novochem Group Kao Corporation Clariant Solvay Chemipol Dorf Ketal Chemicals (I) Pvt. Ltd. Hubei Fubon Technology Co., Ltd. Instral BV Michelman, Inc. ChemSol, LLC To Understand How COVID-19 Impact is Covered in This Report. Consult with an Analyst @ https://www.forencisresearch.com/fertilizer-additives-market-consult-with-an-analyst/ Fertilizer Additives Market by Region Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific) North America (US, Canada, Mexico) Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) South America (Brazil, Argentina, Rest of South America)
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