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North America Fertilizer Additives Market By Function (Anticaking Agents, Dedusting Agents, Antifoaming Agents, Hydrophobic Agent, Corrosion Inhibitors), By Application (Urea, Ammonium Nitrate, Diammonium Phosphate, Monoammonium Phosphate, Ammonium Sulphate And Triple Super Phosphate), By Form Of Application (Granular Fertilizers, Prilled Fertilizers And Powdered Fertilizers), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast (2022 to 2027)

Published: January, 2022
ID: 1791
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Fertilizer Additives Market Size & Growth (2022 - 2027):

North America Fertilizer Additives Market was worth USD 1.15 billion in 2021 and estimated to be growing at a CAGR of 2.73%, to reach USD 2.19 billion by 2026. The market is showing immense potential in the given forecast period. The North America Fertilizer Additives Market continues to grow with the increase in demand for fertilizers, due to increasing pressure on food production in North America and development in the technology of fertilizer production.

Fertilizer Additives are compounds added to the fertilizers in order to enhance their productivity. The demand for high yields in agriculture is met with the subsequent requirements for high-quality fertilizers and primary nutrients, which in turn is responsible for the increase in the demand for Fertilizer additives.

Drivers and Restraints:

The Research and development in fertilizer manufacturing technology have led to an evident growth of the market of fertilizer additives. Other key factors driving the growth of the North America Fertilizer Additives Market include ease of application and handling of fertilizers, rising demand for agricultural commodities, and demand for higher yield crops. Further, factors such as the environmental impact of chemical fertilizers, growth of organic fertilizer industry, adverse effects of agrochemicals on human health, and stringent government regulations are hindering the North America Fertilizer Additives Market growth.

Market Segmentation:

North America Fertilizer Additives Market - By Function:

  • Anticaking Agents

  • Dedusting Agents
  • Antifoaming Agents
  • Hydrophobic Agent
  • Corrosion Inhibitors

North America Fertilizer Additives Market - By Application:

  • Urea
  • Ammonium Nitrate
  • Diammonium Phosphate
  • Monoammonium Phosphate
  • Ammonium Sulphate
  • Triple Super Phosphate. Similarly

North America Fertilizer Additives Market - By Form of Application:

  • Granular Fertilizers
  • Prilled Fertilizers
  • Powdered Fertilizers

Geographical Analysis:

Based on function, the market is segmented into Anticaking Agents, Dedusting Agents, On the basis of geography, the North America Fertilizer Additives Market is analyzed under two countries namely United States and Canada.

Key Players:

Some of the major companies leading the North America Fertilizer Additives Market include Clariant, KAO Corporation, Michelman, Novochem Group, Arrmaz, Amit Trading Ltd., Filtra Catalysts & Chemicals Ltd., Forbon Technology, Chemipol, Tolsa Group.

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