Global Fertilizer Additives Market is estimated to be US$ 4.04 Billion in 2030 at a CAGR 7.50% durin

Abhi795424 May, 2022Business

Global Fertilizer Additives Market accounted for US$ 2.85 billion in 2020 and is estimated to be US$ 3.63 billion by 2030 and is anticipated to register a CAGR of 3.0%. The additives added to fertilizers in order to improve the quality of soil and fertilizer to derive better farm yield are known as fertilizer additives. The fertilizer additives are specially designed for prevention of foaming, dedusting, moisture, and caking of fertilizers. The additives help to stimulate the productivity of fertilizers, 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.