Press release
Phosphoric Acid Market Size, Share, Development by 2024
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Phosphoric acid is a weak acid with the chemical formula H3PO4. It is widely used in fertilizer electronics, food and other industry.
Scope of the Report:
Phosphoric acid is an inorganic mineral acid and can be referred to as phosphoric (V) acid or orthophosphoric acid. In addition to being a chemical reagent, phosphoric acid acts as rust inhibitor, dental and orthopedic etchant, flux, electrolyte, industrial etchant, dispersing agent, home cleaning product and fertilizer feedstock. Phosphate fertilizer is a major application of phosphoric acid which consumes approximately 90% of the production.
Phosphoric Acid can be mainly divided into Electronic Grade, Food Grade and Tech Grade. which Tech Grade captures about 88% of Phosphoric Acid market in 2018. According to our research.
Technical grade consumption is concentrated in the fertilizer industry in China. The consumption of the most value-added electronic grade phosphoric acid is mainly concentrated in the electronics industry in China, especially in China's display panel industry.
The worldwide market for Phosphoric Acid is expected to grow at a CAGR of roughly 2.1% over the next five years, will reach 38140 million US$ in 2024, from 34390 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Phosphoric Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
OCP
Mosaic
PhosAgro
PotashCorp (Nutrien)
Itafos
EuroChem
Tunisian Chemical Group (GCT)
Arkema
Solvay
ICL Performance Products
Hubei Xingfa Chemicals Group
Chengxing Group
Yunphos
IFFCO
Maaden
Wengfu Group
Yuntianhua
Tongling Chemical Industry Group
Kailin Group
Hubei Xinyangfeng Fertilizer
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Electronic Grade
Food Grade
Tech Grade
Market Segment by Applications, can be divided into
Fertilizers
Food & Beverages
Electronics
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-phosphoric-acid-market_p151319.html
Related Information:
North America Phosphoric Acid Market Growth 2019-2024
United States Phosphoric Acid Market Growth 2019-2024
Asia-Pacific Phosphoric Acid Market Growth 2019-2024
Europe Phosphoric Acid Market Growth 2019-2024
EMEA Phosphoric Acid Market Growth 2019-2024
Global Phosphoric Acid Market Growth 2019-2024
China Phosphoric Acid Market Growth 2019-2024
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