(MoneyNewsWire.Net, December 15, 2017 ) The Asia-Pacific Fertilizer Additives Market was worth USD 0.93 billion in 2016 and estimated to be growing at a CAGR of 2.62%, to reach a market value of USD 1.05 billion by 2021. The market is expected to showcase evident potential in the mentioned forecast period. The Asia-Pacific Fertilizer Additives has continued to gain momentum with the rise in demand for the fertilizers as a result of increasing pressure on Asia-Pacific food production and development in field of fertilizer production technologies.
Fertilizer Additives are compounds added to the fertilizers for enhancing their productivity. The demand for higher agricultural yields are met with the subsequent demands for primary nutrients and high quality of fertilizers, which in turn is responsible for the increase in the demand for the Fertilizer additives.
Browse market data tables and in-depth TOC of the Asia-Pacific Fertilizer Additives Industry to 2021 @ http://www.marketdataforecast.com/market-reports/asia-pacific-fertilizer-additives-market-1881/
The Research and development in the sector of fertilizer manufacturing technology has been responsible for evident growth in the Asia-Pacific Fertilizer Additives Market. Other major factors driving the growth of fertilizer additives market include, rising demand for agricultural commodities, ease of application and handling of fertilizers and demand for higher yielding crops. The Asia-Pacific Fertilizer additives market has also been facing some challenges and restraints. Some of the key factors are, growth of organic fertilizer industry, environmental impact of chemical fertilizers, stringent government policies and adverse effects of agrochemicals on human health.
The Asia-Pacific Fertilizer Additives Market is segmented on the basis of function, application and form of application. By function, the Asia-Pacific Fertilizer Additives Market is segmented into Anticaking Agents, Dedusting Agents, Antifoaming Agents, Hydrophobic Agent, Corrosion Inhibitors. The market was dominated by anticaking agents and is projected to grow at the highest CAGR among all sub segments during the forecast period. Based on Application, the market is categorized under Urea, Diammonium Phosphate, Ammonium Nitrate, Ammonium Sulphate, Monoammonium Phosphate and Triple Super Phosphate. Among these Urea holds the largest share of Asia-Pacific Fertilizer Additives Market. Similarly, on the basis of form of application the segmentation is done under Granular Fertilizers, Prilled Fertilizers and Powdered Fertilizers. On the basis of geography, the Asia-Pacific fertilizer additives market is analysed under various countries namely China, India, Japan, Australia and South Korea.
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Some of the major companies dominating the Asia-Pacific fertilizer additives market include Clariant, Novochem Group, KAO Corporation, Amit Trading Ltd., Filtra Catalysts & Chemicals Ltd., Arrmaz, Forbon Technology, Chemipol, Michelman, Tolsa Group.
Market Segmentation
1) Function Introduction Anticaking Agents Dedusting Agents Antifoaming Agents Hydrophobic Agent Corrosion Inhibitors
2) Application Introduction Urea Ammonium Nitrate Diammonium Phosphate Monoammonium Phosphate Ammonium Sulphate Triple Super Phosphate
3) Form of Application Introduction Granular Fertilizers Prilled Fertilizers Powdered Fertilizers Inquire before Buying @ http://www.marketdataforecast.com/market-reports/asia-pacific-fertilizer-additives-market-1881/inquire
Reasons to buy Asia-Pacific Fertilizer Additives Market Research Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the Asia-Pacific market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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