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Ammonium Phosphate Market Size, Drivers, Opportunities, Top Companies, Trends, Challenges and Forecast to 2023
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As per the findings of research, the fertilizer industry has been globally the largest applications segment of the ammonium phosphate market. Flame retardant is expected to be the fastest growing application segment in the global market for ammonium phosphate during the forecast period.
Geographically, Asia-Pacific has been the largest market for ammonium phosphate, where the China has been the largest contributor to the regional market. India, Australia and Thailand are considered among emerging markets for ammonium phosphate.
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Some of the key players in the global market for ammonium phosphate include Lanxess AG, Jordan Phosphate Mines Co. Plc, EuroChem Group AG, Solvay S.A., Saudi Arabian Mining Company (Ma’aden), Prayon SA, Italmatch Chemicals S.p.A, Israel Chemicals Ltd., United Phosphorus Limited and Potash Corp. of Saskatchewan Inc.
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