SAN FRANCISCO, November 21, 2016 /PRNewswire/ --
The global fertilizer additives market is projected to reach USD 3.94 billion by 2024, according to a new report by Grand View Research, Inc. Growing fertilizer industry and shrinking arable land are projected to drive the market over the forecast period.
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Additives are added to fertilizers in order to inhibit the loss of key nutrients such as nitrogen phosphorus, potassium, and sulfur, among others. The additives, which are available in both, solid and liquid forms, are used during storage and transportation of fertilizers.
Anti-caking was the most popular function of additives in 2015. Caking of fertilizers is one of the major problems faced by farmers, retailers and manufacturers, particularly during rains. Change in storage temperatures also results in caking. Additives are used to overcome these challenges.
Browse full research report with TOC on "Fertilizer Additives Market Size And Forecast By Function (Corrosion Inhibitors, Hydrophobic Agents, Anti-dusting Agents, Anti-caking Agents), By End Product (Urea, Ammonium Nitrate, Ammonium Phosphate, Ammonium Sulfate) And Trend Analysis, 2013 To 2024" at: http://www.grandviewresearch.com/industry-analysis/fertilizer-additives-market
Further key findings from the report suggest
Browse related reports by Grand View Research:
Grand View Research has segmented the global fertilizer additives market on the basis of application and region:
Access research insight: http://www.grandviewresearch.com/research-insights/fertilizer-additives-market-insight-forecast
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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