Global Phosphate Fertilizer Market – Industry Analysis and Forecast (2018-2026)
Global Phosphate Fertilizer Market was valued at US$ 55.1 Bn in 2017, and is expected to reach US$ 83.9 Bn by 2026, at a CAGR of 5.4 % during forecast period.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding phosphate fertilizer market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in phosphate fertilizer market.
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Farmers and gardeners are used phosphate based fertilizer to soil and plants to boost local phosphorus level. Phosphate based fertilizer transformed many infertile soils into productive agricultural areas. Growing plants are especially vulnerable to deficient Phosphorous levels, and almost every plant needs it to maintain healthy growth. Phosphorus is obtained from the fertilizer, bone metal, and rock phosphate. Rock phosphate is widely used raw material for the manufacture of phosphate fertilizer.
Based on the phosphate fertilizer type, Diammonium Phosphate has broadly used fertilizer through farmers and gardeners as it is a key source of nitrogen and phosphorous. Diammonium phosphate is cost-effective source of nitrogen for crops thereby it is widely used for a range of crops in broad-acre farming, cereals, sugarcane, sowing pastures, dairy pastures, fodder crops, and horticultural crops this trend is anticipated to continue over the forecast period.
After Diammonium Phosphate, Monoammonium Phosphate type have great possible for future growth of the phosphate fertilizers market. Owing Monoammonium Phosphate is a water-soluble phosphate fertilizer, broadly used as a source of nitrogen and phosphorous.
Single superphosphate was the first commercial mineral fertilizer, and it run to the development of the modern plant nutrient industry. Single superphosphate was once the most commonly used fertilizer, but other phosphorus fertilizers have largely replaced Single superphosphate because of its relatively low phosphorus content. Single superphosphate is 20 percent phosphorus while triple superphosphate is around 48 percent.
Based on the Application, cereal & grain segment dominate the phosphate fertilizer market, owing to rapidly increasing population and necessity of high production of food. Presence of large population in Asia Pacific region anticipated to fuel demand for cereals and grains in order to cater to the soaring food demand in the region.
The driving factor behind the phosphate fertilizer market is the increase in the demand for food. Globally rising population resulted in food security concerns and agricultural development.
Phosphate fertilizers is commonly used on vegetables, bulbs and tubers, blooming trees, fruits, roses and other flowering plants. A long-term study in New Zealand shows that the high dose nutrient actually improves soil by promoting the organic cycle and increasing pasture yields. However, it has also been linked to soil pH changes, fixation and may decrease earthworm populations.
Geographically, the Asia-Pacific region has the highest demand for phosphate fertilizers. Presence of the large population in countries such as India and China is anticipated to fuel demand for phosphate fertilizers in order to the soaring food demand in the region. After Asia-Pacific, the South American regions have great possible for future growth of the phosphate fertilizers market.
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Scope of Phosphate Fertilizers Components Market:
Global Phosphate Fertilizers Market, by Type
• Diammonium Phosphate
• Monoammonium Phosphate
• Superphosphate
• Single Superphosphate
• Triple Superphosphate
• Calcium Phosphate
Global Phosphate Fertilizers Market, by Application
• Cereals & Grains
• Oil Seeds
• Fruits & Vegetables
Global Phosphate Fertilizers Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating In Phosphate Fertilizers Market:
• Eurochem Group AG
• Agrium Inc.
• Potash Corp. of Saskatchewan Inc.
• Yara International ASA
• CF Industries Holdings Inc.Israel Chemicals Ltd.
• Coromandel International Ltd.
• The Mosaic Co.
• S.A OCP
• PJSC Phos Agro
MAJOR TOC OF THE REPORT
Chapter One: Phosphate Fertilizer Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Phosphate Fertilizer Market Competition, by Players
Chapter Four: Global Phosphate Fertilizer Market Size by Regions
Chapter Five: North America Phosphate Fertilizer Revenue by Countries
Chapter Six: Europe Phosphate Fertilizer Revenue by Countries
Chapter Seven: Asia-Pacific Phosphate Fertilizer Revenue by Countries
Chapter Eight: South America Phosphate Fertilizer Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Phosphate Fertilizer by Countries
Chapter Ten: Global Phosphate Fertilizer Market Segment by Type
Chapter Eleven: Global Phosphate Fertilizer Market Segment by Application
Chapter Twelve: Global Phosphate Fertilizer Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Phosphate Fertilizer Market Report at: https://www.maximizemarketresearch.com/market-report/global-phosphate-fertilizer-market/25781/
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