Fertilizer additives are used for inhibiting urea hydrolysis, nitrification, or loss of ammonia from the soil. Over the time the soil loses its ammonia and other nutrients content which can affect the yield of crops. The fertilizer additives are added to the soil to keep the ammonia and other essential stuff in soil just the precise amount for the good growth of crops. Fertilizer additives market is a growing market with stable and definite outcomes.
There are two types of fertilizer additives, micronutrients and macronutrients. In macronutrients there is again a division called primary and secondary. Nitrogen, Phosphorous and Potassium belongs to primary section where as Calcium, magnesium and Sulphur belongs to secondary. Copper, magnesium, zinc, silicon etc. are micronutrients. Adding these to the soil enhances its fertility rate which results in high yield crops.
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Fertilizer additives can be found in two forms, solid and liquid. There are different functions for different fertilizer additives such as growth, yield, pest-repellent, anti-caking, anti –foaming, flocculants, moisture repellant, granulation additives, corrosion inhibitors and others.
When observed the fertilizer additives market geographically, most of the market is held by North America followed by Europe, South America, APAC and ROW. There is a great scope for the fertilizer additives market in any country and since the soil is losing its natural fertility, the addition of fertilizer additive to the land is quite mandatory.
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The fertilizer additives market is growing day by day and lot of research is taking place about it. It is a profitable market investment to invest in. Few of the prominent players profiled in the report made by IndustryARC are:
• Holland Novochem B.V.,
• Coromandel International Limited,
• Clariant International...