Global Phosphate Rock Market: Industry Analysis and Forecast (2019-2026)

Global Phosphate Rock Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of 7.20 % during the forecast period.

Phosphate rock is a grainy non-detrital sedimentary rock, which contains high amount of phosphate minerals. This rock is also denoted as phosphorite or rock phosphate.

Growing population across the globe coupled with the increasing food demand is expected to drive the need for cereals and grains during the forecast period. The rise in the population has resulted in the augmented need for food supply, thereby propelling the utilization of fertilizers in crop production. These factors are expected to increase the product utilization in fertilizer production during the forecast period.

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Increasing demand for the mineral as an additive for feed & food and manufacturing of industrial chemicals coupled with the growth of the manufacturing sector in the region is expected to drive the global phosphate rock market. Phosphorous is also used in packaged food and drinks as a preservative. The demand for packaged foods is likely to be driven by rising disposable income and expanding working population.

Fertilizers are estimated to hold the dominant position in the global phosphate rock market. Increasing the use of fertilizers in farming to deliver sufficient nutrients to the soil is projected to boost the global phosphate rock market growth during the forecast period. Phosphate rock is used as a raw material in fertilizers, which is the only source of phosphorous used in manufacturing nitrogen, phosphorous, and potassium (NPK) fertilizers. NPK nutrients are pooled and used as a fertilizer to boost healthy plant growth.

The Asia Pacific region is projected to lead the global phosphate rock market. The leading position in the market is attributed to the increased food needs in developing countries like China and India. Increasing demand for food in this region is projected to increase the usage of fertilizers to raise the efficiency of crop production. Rapid industrialization and agriculture are the backbone of developing economies and these developing economies are expected to increase the demand for phosphate rock in this region.

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 dynamics, structure by analysing the market segments and, project the global phosphate rock market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global phosphate rock market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Scope of the Report for Global Phosphate Rock Market

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Global Phosphate Rock Market, By Types

• Marine Phosphate Deposits
• Igneous Phosphate Deposits
• Metamorphic Deposits
• Biogenic Deposits
• Weathered Deposits
Global Phosphate Rock Market, By Application

• Fertilizers
• Feed and Food Additives
• Industrial
• Chemicals
• Others
Global Phosphate Rock Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Phosphate Rock Market

• Itafos
• The Mosaic Company
• S.C. Phosphate Resources Limited
• Nutrien Ltd.
• OCP
• Potash Corp
• Sterling Group Ventures Inc.
• Shaw River Manganese Ltd
• Misr Phosphate
• Guizhou Chanhen Chemical Corporation
• Hubei Xingfa Chemicals Group Co., Ltd
• Yunnan Phosphate Haikou Co., Ltd
• PhosAgro
• The Mosaic Company
• Grange Resources
• Fertoz
• J R Simplot
• AgriumInc
• Phosphate Resources Limited
• MBAC Fertilizer Corp
• Anglo American

MAJOR TOC OF THE REPORT

Chapter One: Phosphate Rock Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Phosphate Rock Market Competition, by Players

Chapter Four: Global Phosphate Rock Market Size by Regions

Chapter Five: North America Phosphate Rock Revenue by Countries

Chapter Six: Europe Phosphate Rock Revenue by Countries

Chapter Seven: Asia-Pacific Phosphate Rock Revenue by Countries

Chapter Eight: South America Phosphate Rock Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Phosphate Rock by Countries

Chapter Ten: Global Phosphate Rock Market Segment by Type

Chapter Eleven: Global Phosphate Rock Market Segment by Application

Chapter Twelve: Global Phosphate Rock Market Size Forecast (2019-2026)

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