Global Fertilizer Additives Market Size Study, by Function (Corrosion Inhibitors, Hydrophobic Agents), by End-product (Urea, Ammonium Nitrate), and Regional Forecasts 2022-2032

Description

The Global Fertilizer Additives Market, valued at approximately USD 3.72 billion in 2023, is projected to grow at a modest CAGR of 2.8% during the forecast period from 2024 to 2032. Fertilizer additives, essential for enhancing the performance and longevity of fertilizers, play a pivotal role in ensuring agricultural productivity while mitigating environmental impact. These specialized chemicals provide benefits such as corrosion inhibition, improved moisture resistance, and stability, thereby enhancing the efficiency of fertilizers across varied applications.

The market is witnessing a robust trajectory driven by the escalating demand for efficient agricultural inputs to sustain a growing global population. Key innovations, such as hydrophobic agents for moisture resistance, are addressing critical challenges in fertilizer degradation and distribution. The rising focus on urea- and ammonium nitrate-based products is further propelling market growth, supported by governmental policies fostering sustainable farming practices. However, challenges persist, including fluctuating raw material prices and stringent environmental regulations. Industry players are addressing these hurdles through advancements in eco-friendly additive formulations and strategic collaborations.

Regionally, North America remains a dominant force in the fertilizer additives market due to advanced agricultural technologies and a strong focus on sustainable farming practices. Europe closely follows, driven by regulatory frameworks emphasizing environmental compliance and productivity. The Asia-Pacific region is poised for rapid growth, fueled by agricultural expansion and increasing awareness of fertilizer optimization in populous countries such as India and China. Meanwhile, Latin America and the Middle East & Africa are emerging as lucrative markets, propelled by investments in agricultural modernization and infrastructure development.

Major market players included in this report are:

BASF SE
Dow Inc.
AkzoNobel N.V.
Clariant AG
Arkema S.A.
Solvay S.A.
Lanxess AG
Evonik Industries AG
Croda International Plc
Mitsubishi Chemical Holdings
Eastman Chemical Company
K+S Aktiengesellschaft
Coromandel International Limited
Hubei Forbon Technology Co., Ltd.
Taminco Corporation

The detailed segments and sub-segment of the market are explained below:

By Function:

Corrosion Inhibitors
Hydrophobic Agents

By End-product:

Urea
Ammonium Nitrate

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Comprehensive market estimates and forecasts for a decade (2022-2032).
Regional and country-specific analysis to identify trends and opportunities.
In-depth assessment of competitive strategies and market positioning of key players.
Strategic recommendations for stakeholders to maximize growth potential.
Detailed analysis of market dynamics, challenges, and innovations driving the industry.

Chapter 1. Global Fertilizer Additives Market Executive Summary

1.1. Global Fertilizer Additives Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Function
- 1.3.2. By End-product
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Fertilizer Additives Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Fertilizer Additives Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Efficient Agricultural Inputs
- 3.1.2. Innovations in Hydrophobic Agents
- 3.1.3. Focus on Sustainable Farming Practices
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. Stringent Environmental Regulations
3.3. Market Opportunities
- 3.3.1. Advancements in Eco-friendly Additive Formulations
- 3.3.2. Strategic Collaborations and Partnerships
- 3.3.3. Expansion into Emerging Markets

Chapter 4. Global Fertilizer Additives Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Fertilizer Additives Market Size & Forecasts by Function 2022-2032

5.1. Segment Dashboard
5.2. Global Fertilizer Additives Market: Function Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Corrosion Inhibitors
- 5.2.2. Hydrophobic Agents

Chapter 6. Global Fertilizer Additives Market Size & Forecasts by End-product 2022-2032

6.1. Segment Dashboard
6.2. Global Fertilizer Additives Market: End-product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Urea
- 6.2.2. Ammonium Nitrate

Chapter 7. Global Fertilizer Additives Market Size & Forecasts by Region 2022-2032

7.1. North America Fertilizer Additives Market
- 7.1.1. U.S. Fertilizer Additives Market
  - 7.1.1.1. Corrosion Inhibitors Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Hydrophobic Agents Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Fertilizer Additives Market
7.2. Europe Fertilizer Additives Market
- 7.2.1. UK Fertilizer Additives Market
- 7.2.2. Germany Fertilizer Additives Market
- 7.2.3. France Fertilizer Additives Market
- 7.2.4. Spain Fertilizer Additives Market
- 7.2.5. Italy Fertilizer Additives Market
- 7.2.6. Rest of Europe Fertilizer Additives Market
7.3. Asia-Pacific Fertilizer Additives Market
- 7.3.1. China Fertilizer Additives Market
- 7.3.2. India Fertilizer Additives Market
- 7.3.3. Japan Fertilizer Additives Market
- 7.3.4. Australia Fertilizer Additives Market
- 7.3.5. South Korea Fertilizer Additives Market
- 7.3.6. Rest of Asia Pacific Fertilizer Additives Market
7.4. Latin America Fertilizer Additives Market
- 7.4.1. Brazil Fertilizer Additives Market
- 7.4.2. Mexico Fertilizer Additives Market
- 7.4.3. Rest of Latin America Fertilizer Additives Market
7.5. Middle East & Africa Fertilizer Additives Market
- 7.5.1. Saudi Arabia Fertilizer Additives Market
- 7.5.2. South Africa Fertilizer Additives Market
- 7.5.3. Rest of Middle East & Africa Fertilizer Additives Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. BASF SE
- 8.1.2. Dow Inc.
- 8.1.3. AkzoNobel N.V.
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BASF SE
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Dow Inc.
- 8.3.3. AkzoNobel N.V.
- 8.3.4. Clariant AG
- 8.3.5. Arkema S.A.
- 8.3.6. Solvay S.A.
- 8.3.7. Lanxess AG
- 8.3.8. Evonik Industries AG
- 8.3.9. Croda International Plc
- 8.3.10. Mitsubishi Chemical Holdings

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes