India SSP Market Cost Analysis| Strategy and Growth Factor Report

Increase in Consumption of Products to Offset Losses During COVID-19 Crisis
The COVID-19 crisis has caused a severe dip in the production of di-ammonium phosphate (DAP) fertilizers in India. Plant closures across the country led to a series of supply reductions during COVID-19. This resulted in negative effects on the India SSP market.1 As such, gradual increase in consumer spending and consumption of food products in 2021 are anticipated to replenish market growth.
The reopening of manufacturing plants is anticipated to boost shipments of phosphorous (P), which is one of the key raw materials used in the production of SSP (Single superphosphate). Moreover, new farm laws and the new financial budget in India are predicted to boost the growth of the India SSP market in the upcoming months of 2021.

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Phosphorous Fertilizers Pose Stiff Competition to SSP Fertilizer
SSP is known as one of the first commercial mineral fertilizers, which led to advancements in the modern plant nutrient industry. However, phosphorous fertilizers are posing a stiff competition to the sales of SSP fertilizers, since the latter has low P content. Hence, manufacturers in the India SSP market are increasing their spending in R&D to offer innovations in fertilizers.
Companies in the India SSP market are using rock phosphate (RP) to innovate in fertilizers. This explains why the market is estimated to grow from an output of ~4,328 kilo tons in 2020 to reach ~7,270 kilo tons by 2030. Thus, rock phosphate is emerging as an efficient and economical compound for SSP production.
Proprietary Designs in Reactors Help Maximize SSP Production
Manufacturers in the India SSP market are collaborating with other market players to increase the availability of quality SSP. For instance, Desmet Ballestra— a specialist in engineering and supply of plants and equipment has partnered with Puccioni— a chemical industry in Italy, to innovate in production equipment that boosts the manufacturing of single super phosphate powder.
Companies are using phosphate rock and sulfuric acid feedstock to advance in SSP production. As such, the India SSP market is predicted to register a favorable CAGR of 6% during the forecast period. Equipment providers are integrating proprietary designs in reactors to maximize SSP production. As such, there is a demand for reactors that make SSP in powder form and avoid the formation of granules or lumps.
New Reactor Designs Boost Efficiency, Productivity of Manufacturers
New reactor designs are providing several advantages to manufacturers in the India SSP market. Equipment providers are increasing the availability of low and high capacity reactors to suit specific needs of manufacturers. The high retention time of SSP raw materials in the reaction section enables easy operation of on downstream SSP devices.
Proprietary designs in reactors facilitate easy construction and maintenance of reaction fumes and gases, owing to robust sealing systems in reactors. Manufacturers in the India SSP market are maximizing their output capacities, as new reactor designs enable in-line inspection of the reaction section by means of manholes installed on fixed hoods.
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Expansion of Export, Production Chains Fuels Market Growth
Companies in the India SSP market are complying with stringent laws and standards by adhering to guidelines issued by the government regarding environment impact control. Thus, manufacturers are utilizing reactors that facilitate triple-stage scrubbing system in order to minimize plan emissions. They are using reactors that can be fed directly with concentrated sulfuric acid, thus avoiding incidence of acid dilution.
Manufacturers in the India SSP market are increasing their export capacities in European countries, as Indian manufacturers are abiding with government regulations for SSP production. In order to boost soybean yields in India, manufacturers are offering SSP fertilizers to farmers and cultivators to help them expand their business. They should enter into tie-ups with Brazilian farmers and cultivators, as Brazil is one of the key producers of soybean in the world.

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