Fertilizer Additives Market to Observe Strong Development by 2024
Fertilizer
additives improve the quality and stability of fertilizers and soil,
avoid loss of nutrients such as nitrogen, phosphorus, potassium and
sulfur, and prevent corrosion of the container used for
transportation. They also provide anti-foaming and anti-caking
characteristics to the fertilizer.
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Foam
causes serious problems to surface coatings. In case of fertilizers,
it could prompt insufficient absorption of nutrients by soil as well
as plants leading to stunted to almost no plant growth and loss of
soil fertility over time. There are several chemical formulae which
prevent foam formation.
Caking
refers to the formation of lumps in granular or powdered materials.
Since quite a few fertilizers are available in these forms, chances
of their caking are high, which results in product loss. To avoid
this, anti-caking agents are available, which enable easy packaging,
transport, and consumption.
These
additives are used either in the production stage of the fertilizers
or mixed during their application in the field.
Since
nitrogen is the most essential nutrient required for plant growth,
most fertilizer additives are not only rich with nitrogen, but also
increase the amount of nitrogen released. However, this does not mean
that other macro and micro nutrients are not present in them. A
majority of fertilizer additives are utilized in nitrogen, phosphate,
and potassium fertilizers. Sometimes they are also employed to
increase the amount of micro nutrients (such as calcium, magnesium,
and sulphur) in the fertilizer.
Soil
depletion is the result of untreated loss of fertility. Soil
fertility decreases over time or when its productive constituents are
removed and not replaced. Fertilizer additives help expand the life
span of soil, resulting in better crop yield.
Ammonium
formulations are commonly used fertilizer additives, in which
ammonium acts as a nitrogen supplier. A few examples include ammonium
thio-sulphate, mono-ammonium phosphate, and di-ammonium phosphate.
Asia
Pacific holds a share of more than 50% in the global fertilizer
additives market. China and India are major consumers of this product
owing to the vast agricultural zones in these countries. Agriculture
is the primary occupation of India, which is expected to drive the
fertilizer additive market here in the near future.
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Key
players operating in the fertilizer additives market include
Clariant, KAO Corporation, Novochem Group Calnetix Technologies LLC,
Filtra Catalysts & Chemicals Ltd., Solvay, Arrmaz, Chemipol,
Forbon Technology, Michelman, Tolsa Group, ChemSol LLC, and Amit
Trading Ltd.
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