Europe Fertilizer Additives Market

Europe Fertilizer Additives Market Size (2024 to 2032)

Europe's Fertilizer Additives Market was valued at USD 1.62 billion in 2023 and is anticipated USD 1.66 billion in 2024 from USD 2.03 billion by 2032, growing at a CAGR of 2.52% from 2024 to 2032. 

The market is showcasing significant potential in the mentioned forecasting period. The European fertilizer additives Market continues to build momentum with the increase in fertilizer demand due to rising pressure on food production in Europe and the development of fertilizer production technologies.

Fertilizer Additives are chemicals generally added to fertilizers to enhance their productivity. The demand for higher yields in agriculture are met with the subsequent demands for primary nutrients and higher quality fertilizers, which in turn leads to the rise in the Fertilizer additives demands.

Research and development in the fertilizer manufacturing technology sector have resulted in significant growth in the European Fertilizer Additives Market. Other key factors driving the market for fertilizer additives include rising demand for agricultural commodities, demand for higher-yield crops, and ease of application and handling of fertilizers. The European Fertilizer Additives Market has also faced some challenges and restraints. Some of the key factors are the environmental impact of chemical fertilizers, the growth of the organic fertilizer industry, stringent government regulations, and the adverse effects of agrochemicals on human health.

This research report on the European fertilizer additives market is segmented and sub-segmented into the following categories.

Europe Fertilizer Additives Market Analysis By Function

• Hydrophobic Agent
• Anticaking Agents
• Antifoaming Agents
• Dedusting Agents and Corrosion Inhibitors

Europe Fertilizer Additives Market Analysis By Application

• Ammonium Nitrate
• Urea
• Monoammonium Phosphate
• Diammonium Phosphate
• Ammonium Sulphate
• Triple Super Phosphate

Europe Fertilizer Additives Market Analysis By Form of Application

• categorized under
• Prilled Fertilizers
• Granular Fertilizers
• Powdered Fertilizers

The function segment was dominated by anticaking agents in 2016 and is projected to grow at the highest CAGR among all sub segments. Based on Application and form of application the market was dominated by urea and granular fertilizers respectively.

COUNTRY ANALYSIS

On the basis of geography, the Europe Fertilizer Additives Market is analysed under various countries namely

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

KEY MARKET PLAYERS

Some of the major companies dominating the Europe Fertilizer Additives Market include KAO Corporation, Clariant, Novochem Group, Arrmaz, Amit Trading Ltd., Filtra Catalysts & Chemicals Ltd., Forbon Technology, Chemipol, Michelman, Tolsa Group.