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Global Diammonium Phosphate Fertilizers Market Analysis by Technology, Industry Verticals, Consumption, Application, Demand and Forecast to 2023

07-10-2018 11:22 PM CET | Energy & Environment

Press release from: Research N Reports

Ammonium hydrogen phosphate (DAP) is a water soluble chemical salt type that acts as a source of nitrogen and phosphate by releasing ammonia and phosphoric acid. These ammonia and phosphates react with water and are released to temporarily raise the pH to make the solution alkaline. These characteristics and emissions of nitrogen and phosphate make DAP useful in the fertilizer industry. These released chemicals are also additives that provide the nutrients needed for yeast for continuous fermentation. DAP is therefore an important additive in the wine making and brewing industry. However, most of the demand comes from the fertilizer sector.

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As a chemical salt, DAP is used in many industries and the DAP market can be classified by application as fertilizer, wine making or brewing, flame retardant, metal industry (flux) and food industry (yeast nutrient). But the most important of all these applications lies in the fertilizer industry, which forms a major chunk of the phosphate fertilizer market.
DAP fertilizers are mainly used for cotton, rice, peanut, broom and vegetable crops. So, the demand depends on the production of this crop. The following main applications are found in the wine and yeast industries. DAP requires small quantities with yeast, but applications are becoming more important as wine production grows and demand grows globally. Africa is the largest producer of wine. But France is the largest consumer and the top 10 countries account for 85% of the production.

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According to geography, the DAP fertilizer industry can be divided into East Asia, North America, Central and South America, South Asia, Europe and Central Asia, Africa and other regions. DAP fertilizer production is the highest in East Asia due to the rapid growth of agricultural and related industries in China. Followed by North America, South Asia, and Africa. Exports also match production. However, it is a major importer in South Asia due to high demand. The world market for DAP fertilizer is highly consumed in developing countries such as India, Sri Lanka, Brazil and Mexico, as well as Latin America and Latin America, as food demand increases.

Regional Outlook:

Ecologically better alternatives and advances in agricultural practices have reduced consumption in North America and other developed countries. However, major importers are trying to reduce imports and increase local capacity. Nevertheless, South Asia and Latin America can be the most attractive markets due to their high development rates in China, India, Vietnam, Sri Lanka and Brazil. Likewise, the wine market is expected to grow during this period, driven by increased purchasing power of the middle class and increased consumption due to health benefits. However, certain government regulations on alcohol manufacture or trade can potentially pose challenges to the growth of this region.

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The Diammonium Phosphate Fertilizers Market Report mainly covers following Content.
Chapter 1 Diammonium Phosphate Fertilizers Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…

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