Fertilizer Additives Market

Key Strategies Such as Acquisitions, New Product Developments, and Expansions Were Adopted by the Prominent Players in the Fertilizer Additives Market

The key players in the fertilizer additives market include Clairant (Switzerland), KAO Corporation (Japan), Novochem Group (Netherlands), and ArrMaz (U.S.). Other players include Filtra Catalysts & Chemicals Ltd. (India), Amit Trading LTD. (Israel), Chemipol (Spain), and Forbon Technology (China) also have a strong position in the global fertilizer additives market.

Key strategies such as acquisitions, new product developments, and expansions were adopted by the prominent players in the fertilizer additives market. These players invested in R&D capabilities to offer diversified product portfolios to keep up with new generation fertilizer additive products and to strengthen their market position. Expansions formed a key strategy for the industry players to achieve growth and expand their presence in the global fertilizer additives market. This strategy accounted for the largest share of all the developments from January 2011 to July 2016.

In April 2014, Clariant established its plant in Casablanca, Morocco and increase its global footprint with the production of polymers and chemical blends for the African and Middle East mining industry. This new expansion also includes the Clariant Mining Solutions laboratory to focus on supporting the phosphate industry in flotation, fertilizer additives, and process chemicals.

Strategic expansions and new product developments were the core strengths of the leading players in this market. These core strengths helped the players to diversify their businesses geographically and strengthen distribution networks. Market leaders such as Clairant (Switzerland), KAO Corporation (Japan), and Novochem Group (Netherlands) have successfully tapped the potential markets through expansions and acquisitions. These companies are focused on offering a wide range of innovative products for various applications to cater to the large customer base across the world.

Product innovation is a critical success factor in this market, with participants frequently filing patents to increase or preserve their market share. The market for fertilizer additives is shifting towards multifunctional additives. As a result, the competition between companies to launch an additive with multiple functionalities, decreases the total requirement for additives.

In November 2015, ArrMaz opened its new Chemical Manufacturing Plant located at AL Jalamid in Saudi Arabia. The AL Jalamid plant produces a full range of custom-formulated process aids and additives for the processing of phosphate ore and the production of phosphate fertilizers chemicals to support the growth of the Saudi Arabian phosphate industry.

Related Reports:

Fertilizer Additives Market by Function (Anticaking, Dedusting, Antifoaming, Hydrophobic, and corrosion Inhibitor), Application (Urea, Ammonium Nitrate, DAP, MAP, Ammonium Sulphate, and TSP), Form of Application, and Region - Global Forecast to 2021

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Report Code
AGI 4550
Published ON
Sep, 2016
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Fertilizer Additives Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved