Global Fertilizer Anti-Caking Agents Market - Forecast(2023 - 2028)
Global Fertilizer Anti-Caking Agents Market Overview
The global fertilizer anti-caking agents market size is forecast to reach US$1,274.5 million by 2027, after growing at a CAGR of 4.8% during 2022-2027. The fertilizer anti-caking agents are specialized solutions to avoid the formation of lumps in fertilizers. These anti-caking agents are widely used for storing bulk fertilizers, and also used in transporting the fertilizers. Also, anti-caking agents like potassium aluminum silicate, and, magnesium trisilicate, and others help to eradicate problems like caking, loss of nitrogen, moisture absorption in the fertilizer. Furthermore, octadecylamine and stearic acid are used while producing anti-caking agents for fertilizer. According to Fertilizers Europe Facts & Figure 2021, the global production of fertilizers by nutrients is around 254.1 million tons of nutrients in 2019. Therefore, the growing production of fertilizers will boost the demand for fertilizer anti-caking agents, which in turn will drive the market for global fertilizer anti-caking agents during the forecast period.
COVID-19 Impact
The Covid-19 pandemic has been a major challenge for the global fertilizer anti-caking agents market owing to directly affecting the manufacturer's supply chain across the globe and shutting down the production facilities to minimize the risk of virus spread. The coronavirus pandemic leads to low activity at agriculture production and financial stress on landowners, resulting in a decline in agricultural yield. Fertilizers' anti-caking agents have also been affected owing to a decrease in demand and supply chain disruption. According to the United States Department of Agriculture, the production of wheat in the European Union is around 139.5 million metric tons in 2020-2021, falling by 15.4 million metric tons as compared to 2019-2020. However, with steady growth in agriculture activity, the global fertilizer anti-caking agents was able to regain momentum in the second half of 2020. Thus, the global fertilizer anti-caking agents market is also estimated to gradually increase during the forecast period.
Report Coverage
The “Global Fertilizer Anti-Caking Agents Market Report– forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the global fertilizer anti-caking agents industry.
By Product Type: Water Soluble Anti-Caking Agent, Moisture-Resistant Anti-Caking Agent, Oil-based Anti-Caking Agent, and Others
By Form: Granular, Powder, and Paste
By Application: Ammonium Sulfate Fertilizers, Ammonium Nitrate Fertilizers, Potash Fertilizers, Phosphate Fertilizers (Diammonium Phosphate Fertilizers, Monoammonium Phosphate Fertilizers, Triple Super Phosphate Fertilizers, Single Super Phosphate Fertilizers, Others), Nitrogen Fertilizers, Micronutrients Fertilizers, and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Netherlands, Belgium, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, and New Zeeland, Indonesia, Taiwan, Malaysia, and Rest of APAC), and Rest of the World: The Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa)
Key Takeaways
- The Asia Pacific is expected to register a CAGR of 5.5% during the forecast period (2022-2027). The increasing demand from countries such as China, India, Indonesia, and South Korea is driving the market demand for the global fertilizer anti-caking agents owing to the presence of largely agricultural land in this region.
- The growing trade across the globe is driving the global fertilizer anti-caking agents market owing to protect fertilizer from caking using anti-caking agents like potassium aluminum silicate.
- The rising demand for fertilizers to improve the yield of crops is driving the global fertilizer anti-caking agents market.
Figure: Asia Pacific Fertilizer Anti-Caking Agents Market Revenue, 2021-2027 (US$ Million)
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Global Fertilizer Anti-Caking Agents Market Segment Analysis – By Form
The granular segment accounted for around 28% of the market share in 2021 and is estimated to grow at a significant CAGR during the forecast period. A granular form of fertilizers is usually sold in bags and can be easily spread on the top of the soil. Most fertilizers store carry several different types of granular fertilizer, along with a method of formulations to address specific soil conditions to improve the productivity of the crops. According to the United States Department of Agriculture, Brazil soybean production is around 134.0 million metric tons, Paraguay soybean at 6.3 million metric tons, Brazil's total corn production record 114.0 million metric tons, Iraq wheat production at 3.5 million metric tons for the marketing year 2021-2022 as of February 2022. Therefore, the use of fertilizer in cultivation will boost demand for granular form segment fertilizers, which in turn will drive the global fertilizer anti-caking agents market during the forecast period.
Global Fertilizer Anti-Caking Agents Market Segment Analysis – By Application
The Nitrogen fertilizer segment accounted for approximately 59% of the market share in 2021 and is estimated to grow at a significant CAGR during the forecast period. The growing demand for fertilizer across the globe is driving the demand for the global fertilizer anti-caking agents market owing to avoid caking issues while transportation and packaging. Anti-caking agents also protect fertilizers from absorbing moisture and forming a cake in bulk storage areas like warehouses. It also helps in reducing the crushing strength of the individual prill. Thus avoiding the caking problems in storage. According to Fertilizers Europe, 59% of nitrogen fertilizers nutrients, 25% of phosphorus pentoxide fertilizer nutrients, and 16% of potassium oxide fertilizer nutrients were produced globally in 2019. Thus, the nitrogen fertilizer segment significant usage in cultivation will help drive the global fertilizer anti-caking agents market over the forecast period
Global Fertilizer Anti-Caking Agents Market Segment Analysis - By Geography
Asia Pacific region held the largest share in the global fertilizer anti-caking agents market in 2021 up to 45%, owing to the growing demand for fertilizers to increase the crop yields in developing countries like China, India, Indonesia, and others will boost the demand for global fertilizer anti-caking agents during the forecast period. In addition, the growing trade of fertilizers is also driving the market. According to the United States Department of Agriculture, soybean production in India is around 10.8 million metric tons in 2021-2022, with a 27% increase from 2020-2021. Philippines corn production for marketing year (MY) 2021-2022 is around 8.1 million metric tons, up 4 percent from January 2022. Therefore, the growing crop production will increase the demand for fertilizers, which in turn will boost the demand for the global fertilizer anti-caking agents market during the forecast period.
Global Fertilizer Anti-Caking Agents Market Drivers:
The Rising Demand for Fertilizers
The rising demand for fertilizer is driving the anti-caking agents industry market. Fertilizers are widely used to increase crop productivity. Also, the fertilizers help in encouraging cell growth, development of lateral buds, fruit abscission, affecting apical dominance, and delay in leaf senescence by giving nutrients to the plants. According to the National Association of Fertilizer Manufacturers, Spain's production capacities of fertilizers in 2020 of Ammonium sulfate is around 600 thousand tons per month, Ammonium nitrates 1160 thousand tons per month, urea 365 thousand tons per month, nitrogen solution 160 thousand tons per month, complex fertilizer 1900 thousand tons per month. Therefore, the growing production of fertilizers will be driving the global fertilizer anti-caking agents market during the forecast period.
Increasing application of Fertilizer Anti-Caking Agents during Transportation
The growing trade of fertilizers across the globe is increasing the demand for fertilizers anti-caking agents. It is widely used in fertilizers to avoid problems like caking, loss of nitrogen, moisture absorption in the fertilizer during transportation. The magnesium trisilicate is widely used for anti-caking agents and helps to increase fertilizers span in becoming lumps during transportation. According to Fertilizers Europe, 3.6 million tonnes of nitrogen, 1.8 million tons of Phosphorus pentoxide, and 2.4 million tons of Potassium oxide were imported into European Union in 2020. Also, 3 million tonnes of nitrogen, 0.7 million tons of phosphorus pentoxide, and 0.7 million tons of potassium oxide were exported in 2020 from European Union. Therefore, the growing trade of fertilizers is increasing the demand for global fertilizer anti-caking agents market during the forecast period.
Global Fertilizer Anti-Caking Agents Market Challenges
Stringent governmental regulations towards Fertilizers and Potential Health Hazards
The stringent government regulation towards the production of fertilizers is hampering the demand for fertilizer anti-caking agents involves the releasing of various VOC (Volatile Organic Compounds) into the surroundings which will cause pollution such as air pollution, water pollution, etc. This has attracted various regulations from government bodies across the globe. For instance, European Union is working towards reducing carbon dioxide from the ammonia plant across Europe. Therefore, the stringent regulations by the government can hamper the market. Also, fertilizers are affecting human health as well as animal health. It affects the central nervous system, lungs, respiratory, and gastrointestinal system of human beings. Therefore, stringent government regulations and human health hazards are hampering the global fertilizer anti-caking agents market during the forecast period.
Global Fertilizer Anti-Caking Agents Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the global fertilizer anti-caking agents market. Global fertilizer anti-caking agents top 10 companies include
1. ArrMaz
2. Clariant
3. Kao Corporation
4. Emulchem
5. Forbon
6. Neelam Aqua & Speciality Chem
7. Fertibon
8. Filtra
9. PPG Russian Mining Chemical Company
10. Chemipol
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1. Global Fertilizer Anti-Caking Agents Market- Market Overview
1.1 Definitions and Scope
2. Global Fertilizer Anti-Caking Agents Market- Executive Summary
2.1 Key Trends by Product Type
2.2 Key Trends by Form
2.3 Key Trends by Application
2.4 Key Trends by Geography
3. Global Fertilizer Anti-Caking Agents Market– Comparative analysis
3.1 Market Share Analysis- Major Companies
3.2 Product Benchmarking- Major Companies
3.3 Top 5 Financials Analysis
3.4 Patent Analysis- Major Companies
3.5 Pricing Analysis (ASPs will be provided)
4. Global Fertilizer Anti-Caking Agents Market - Startup Companies Scenario Premium
4.1 Major startup company analysis:
4.1.1 Investment
4.1.2 Revenue
4.1.3 Product portfolio
4.1.4 Venture Capital and Funding Scenario
5. Global Fertilizer Anti-Caking Agents Market – Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing Business Index
5.3 Successful Venture Profiles
5.4 Customer Analysis – Major companies
6. Global Fertilizer Anti-Caking Agents Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Buyers
6.3.3 Threat of New Entrants
6.3.4 Competitive Rivalry
6.3.5 Threat of Substitutes
7. Global Fertilizer Anti-Caking Agents Market – Strategic Analysis
7.1 Value/Supply Chain Analysis
7.2 Opportunity Analysis
7.3 Product/Market Life Cycle
7.4 Distributor Analysis – Major Companies
8. Global Fertilizer Anti-Caking Agents Market – By Product Type (Market Size -US$ Million/Billion)
8.1 Water Soluble Anti-Caking Agent
8.2 Moisture-Resistant Anti-Caking Agent
8.3 Oil-based Anti-caking Agent
8.4 Others
9. Global Fertilizer Anti-Caking Agents Market – By Form (Market Size -US$ Million/Billion)
9.1 Granular
9.2 Powder
9.3 Paste
10. Global Fertilizer Anti-Caking Agents Market – By Application (Market Size -US$ Million/Billion)
10.1 Ammonium Sulfate Fertilizers
10.2 Ammonium Nitrate Fertilizers
10.3 Potash Fertilizers
10.4 Phosphate Fertilizers
10.4.1 Diammonium Phosphate Fertilizers
10.4.2 Monoammonium Phosphate Fertilizers
10.4.3 Triple Super Phosphate Fertilizers
10.4.4 Single Super Phosphate Fertilizers
10.4.5 Others
10.5 Nitrogen Fertilizers
10.6 Micronutrients Fertilizers
10.7 Others
11. Global Fertilizer Anti-Caking Agents Market - By Geography (Market Size -US$ Million/Billion)
11.1 North America
11.1.1 USA
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 UK
11.2.2 Germany
11.2.3 France
11.2.4 Italy
11.2.5 Netherlands
11.2.6 Spain
11.2.7 Russia
11.2.8 Belgium
11.2.9 Rest of Europe
11.3 Asia-Pacific
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 South Korea
11.3.5 Australia and New Zealand
11.3.6 Indonesia
11.3.7 Taiwan
11.3.8 Malaysia
11.3.9 Rest of APAC
11.4 South America
11.4.1 Brazil
11.4.2 Argentina
11.4.3 Colombia
11.4.4 Chile
11.4.5 Rest of South America
11.5 Rest of the World
11.5.1 Middle East
11.5.1.1 Saudi Arabia
11.5.1.2 UAE
11.5.1.3 Israel
11.5.1.4 Rest of the Middle East
11.5.2 Africa
11.5.2.1 South Africa
11.5.2.2 Nigeria
11.5.2.3 Rest of Africa
12. Global Fertilizer Anti-Caking Agents Market– Entropy
12.1 New Product Launches
12.2 M&As, Collaborations, JVs and Partnerships
13. Global Fertilizer Anti-Caking Agents Market – Industry/Segment Competition Landscape Premium
13.1 Company Benchmarking – Major Companies
13.2 Market Share at Global Level - Major companies
13.3 Market Share by Key Region - Major companies
13.4 Market Share by Key Country - Major companies
13.5 Market Share by Key Application - Major companies
13.6 Market Share by Key Product Type/Product category - Major companies
14. Global Fertilizer Anti-Caking Agents Market – Key Company List by Country Premium Premium
15. Global Fertilizer Anti-Caking Agents Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
15.1 Company 1
15.2 Company 2
15.3 Company 3
15.4 Company 4
15.5 Company 5
15.6 Company 6
15.7 Company 7
15.8 Company 8
15.9 Company 9
15.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
LIST OF TABLES
1.Global Fertilizer Anti-Caking Agents Market, by Type Market 2019-2024 ($M)2.Global Fertilizer Anti-Caking Agents Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
3.Global Fertilizer Anti-Caking Agents Market, by Type Market 2019-2024 (Volume/Units)
4.Global Fertilizer Anti-Caking Agents Market Analysis and Forecast by Type and Application Market 2019-2024 (Volume/Units)
5.North America Fertilizer Anti-Caking Agents Market, by Type Market 2019-2024 ($M)
6.North America Fertilizer Anti-Caking Agents Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
7.South America Fertilizer Anti-Caking Agents Market, by Type Market 2019-2024 ($M)
8.South America Fertilizer Anti-Caking Agents Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
9.Europe Fertilizer Anti-Caking Agents Market, by Type Market 2019-2024 ($M)
10.Europe Fertilizer Anti-Caking Agents Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
11.APAC Fertilizer Anti-Caking Agents Market, by Type Market 2019-2024 ($M)
12.APAC Fertilizer Anti-Caking Agents Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
13.MENA Fertilizer Anti-Caking Agents Market, by Type Market 2019-2024 ($M)
14.MENA Fertilizer Anti-Caking Agents Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
LIST OF FIGURES
1.US Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)2.Canada Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
3.Mexico Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
4.Brazil Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
5.Argentina Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
6.Peru Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
7.Colombia Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
8.Chile Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
10.UK Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
11.Germany Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
12.France Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
13.Italy Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
14.Spain Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
16.China Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
17.India Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
18.Japan Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
19.South Korea Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
20.South Africa Global Fertilizer Anti-Caking Agents Industry Market Revenue, 2019-2024 ($M)
21.North America Global Fertilizer Anti-Caking Agents Industry By Application
22.South America Global Fertilizer Anti-Caking Agents Industry By Application
23.Europe Global Fertilizer Anti-Caking Agents Industry By Application
24.APAC Global Fertilizer Anti-Caking Agents Industry By Application
25.MENA Global Fertilizer Anti-Caking Agents Industry By Application