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The market is driven by factors such as the increasing demand for fertilizers due to the increase in pressure on global food production and development in fertilizer manufacturing technologies. The high growth potential in emerging markets and untapped regions provide new growth opportunities for the players in the fertilizer additives market. “Anticaking segment to dominate the fertilizer additives market” Most fertilizers have a tendency to form lumps or agglomerates (caking) during storage. The severity of caking can be influenced by a number of factors, such as chemical composition, moisture content, particle structure, mechanical strength, hygroscopic properties, product temperature, ambient conditions, storage time, and storage pressure. Since most fertilizers are in granular, prilled, and powdered form, the anticaking agent segment dominated the market in 2015, and is projected to grow at the highest CAGR during the forecast period. “Urea segment accounted for the largest share in 2015” The fertilizer additives market by application has been segmented into urea, ammonium nitrate, diammonium phosphate, monoammonium phosphate, ammonium sulfate, triple super phosphate, and others (potassium chloride and potassium sulphate). Urea is the most commonly used nitrogen fertilizer. The high nitrogen content per unit material, lower cost, ease of consultant medical interview guide storage, along with solid and liquid formulation options make it a popular choice for farmers. “Asia-Pacific region to account for maximum shares of the global fertilizer additives market” On the basis of region, the fertilizer additives market is segmented in North America, Europe, Asia-Pacific, Latin America, and the Rest of the World, which includes the Middle Eastern and African countries. The Asia-Pacific region dominated the global fertilizer additives market in 2015, and this trend is projected to continue till 2021.
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