Top 10 Companies of Fertilizer Additives with Growth Prospects
A new method developed for manufacturing fertilizer additives extracts micronutrients from used alkaline batteries. The method enables the growth of stronger and healthier plants. The manganese and zinc materials in alkaline batteries are refined and chemically reduced to be used as fertilizer additives. Zinc, manganese, and potassium are the natural earth elements that are essential for life. These elements are found naturally in the soil and are used in commercial fertilizers as they play a key role in promoting healthy plant growth.
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Company Profiles
- Arrmaz (Arkema Group)
- Solvay
- KAO CORPORATION
- Chemipol S.A
- Clariant
- Dorf Ketal
- Michelman, Inc
- Omex Agriculture, Inc
The Asia Pacific fertilizer additive market by application is segmented on the basis Mono Ammonium Phosphate, Triple Super Phosphate, Urea, Diammonium Phosphate, Ammonium Nitrate, and Others. The super-premium glass bottles are higher in price and value as compared to the premium and standard glass bottles. The peculiar design and texture of these types of bottles are customized and used by the well-established brands. The super-premium glass bottles used in the Fertilizer additive are gaining high popularity and profitability across the region.
Increasing Population and Decreasing Arable Land:
The demand for fertilizers in many countries has been growing due to the increasing demand for food grains on account of the rising population. The food demand is anticipated to come from rising consumer incomes in Asia regions such as India, china, Japan, Australia etc. In conjunction with the expected growth rates of the Asia Pacific population, governments are focusing on the development of sustainable agriculture, this will enable them to considerably increase their food production. However, as a result of growing urbanization levels, available arable land is expected to decrease further.