Worldwide Research on Ammonium Phosphate Market Forecast to 2023 | Coromandel, Yidu Xingfa Chemical Co., Ltd. FORBES PHARMACEUTICALS, Vinipul Inorganics Private Limited, S.A. OCP

Ammonium Phosphate Market of Overview:

Ammonium phosphate is used for the production of the most concentrated fertilizers namely Meta, pyro, and orthophosphates of ammonia. The global ammonium phosphate market is mainly driven by its application as a fertilizer due to the increasing demand from major agricultural economies such as India, Brazil, Argentina, China, Indonesia, among others. Mono-ammonium phosphate is a primary choice for fertigation due to its ability to create a moderate acidic nature, which is favorable for soil fertility. Also, it finds its usage in ABC dry fire extinguishing agent. Di-ammonium is widely used as a fire extinguisher due to its property of reducing combustion temperature and increasing rate of char formation, which reduces the chances of a fire breakout. However, the extensive use of di-ammonium phosphate as fertilizer makes the soil alkaline resulting in seed germination and root development problems. Besides being used as a fertilizer and fire retardant, ammonium phosphate is extensively used for water treatment. Wastewater is usually purified using biological processes, which require nutrients like phosphorus, nitrogen and ideal pH environment. The increasing demand for water treatment owing to growing industrialization is another factor driving the market growth. The considerable growth of food & beverage industries is driving the ammonium phosphate market positively due to its application in the vine and wed brewing and in sugar purification.

Get sample Copy@ https://www.marketresearchfuture.com/sample_request/5690

Key Players

 Nutrien Ltd.
 Yara
 S.A. OCP
 Haifa Chemicals Ltd.
 Coromandel
 Jordan Phosphate Mines Company Limited
 Eurochem Group AG
 Prayon S.A.
 Yidu Xingfa Chemical Co., Ltd.
 Chemische Fabrik Budenheim KG
 Yunnan Yuntianhua International Chemical Co., Ltd
 Innophos, Inc.
 FORBES PHARMACEUTICALS
 Maaden - Saudi Arabian Mining Company
 Vinipul Inorganics Private Limited

Regional Analysis:

The global ammonium phosphate market is spanned across five key regions namely Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Among them, Asia Pacific is anticipated to be the fastest emerging region in the global ammonium phosphate market due to the increasing use of fertilizers in the agricultural countries such as India, China, and others. The high production and exportation of chemical fertilizers in emerging economies such as China, India, South Korea, and others are expected to propel the market growth further. In addition to this, ammonium phosphate applications such as fire extinguisher, flame retardant, and wastewater treatment are expected to surge the market growth due to the increasing demand from various industries. The growing industrialization produces thousands of liters of wastewater, which can be biologically treated using ammonium phosphate. Increasing governmental concerns to provide safe drinking water to the citizens increases the demand for wastewater treatment, which, in turn, propels the market growth. Various policies and schemes such as Zero Liquid Discharge and 12th Five Year Plan have been implemented by the Indian government to provide safe drinking water to the citizens. For instance, the government of Tamil Nadu has administered Zero Liquid Discharge mandatory to all its industries.

North America is another significant region in the global ammonium phosphate market owing to the extensive use of fertilizers for crop production in the U.S. Various crops such as barley, corn, cotton, oats, peanuts, rice sorghum, soybeans, and wheat are produced using agrochemicals in this region. The United States Department of Agriculture (USDA) survey on pest’s management stated high use of fertilizers in these crops.

Browse full Report @ https://www.marketresearchfuture.com/reports/ammonium-phosphate-market-5690

Mexico, followed by Brazil and Argentina are the major exporters of fertilizers, which is the major driver of the global ammonium phosphate market in the Latin American region.

However, the European region is expected to showcase sluggish market growth due to the stringent regulations. For instance, the joint proposal of European Sustainable Phosphorus Platform (ESPP) for EU Fertilizer Regulation has drafted “nutrient recovery rules” for struvites, biochars, ashes, and pyrolysis products, which may restrain the regional market growth.

Segmentation

The global ammonium phosphate market is segmented on the basis of the type, applications, and region.

On the basis of the types, the global ammonium phosphate market is segmented into mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), and ammonium polyphosphate.

Based on the application, the global market is categorized into fertilizers, flame retardant, water treatment chemicals, food & beverages, and others.
The global ammonium phosphate market is regionally segmented into Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Do Enquiry and Get Discount @ https://www.marketresearchfuture.com/check-discount/4940

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.