Press release
Phosphoric Acid Market 2021 Is Booming Globally | Top Leading Players: Itafos, EuroChem, Tunisian Chemical Group (GCT), Arkema
In 2020, the global Phosphoric Acid market size was US$ 36380 million and it is expected to reach US$ 42520 million by the end of 2027, with a CAGR of 2.2% during 2021-2027.The Market Research on the “Phosphoric Acid Market 2021-2027”, now available with Market Insights Reports, Introduces systematic details in terms of market valuation, market size, revenue estimation, and geographical spectrum of the business vertical. The Phosphoric Acid market report offers an overview of top company profiles with the business value and demand status of the industry. The report also helps the user to understand the market in terms of its definition, segmentation, market potential, influential trends, and therefore the challenges that the market is facing. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Phosphoric Acid investments from 2021 to 2027.
The prominent players in the Global Phosphoric Acid Market:
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 and Others.
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Market Overview: -
Phosphoric acid is a weak acid with the chemical formula H3PO4. It is widely used in fertilizer electronics, food, and other industry.
Global Phosphoric Acid key players include OCP, Mosaic, Yuntianhua, PhosAgro, Tongling Chemical Industry Group, etc. Global top five manufacturers hold a share of about 35%.
China is the largest market, with a share of about 40%, followed by Europe and North America, both have a share of about 20 percent.
In terms of product, Tech Grad is the largest segment, with a share of over 85%. And in terms of application, the largest application is Fertilizers, followed by Food & Beverages.
Based on Types, The Phosphoric Acid Market is segmented into:
Electronic Grade
Food Grade
Tech Grade
Based on Application, The Phosphoric Acid Market is segmented into:
Fertilizers
Food & Beverages
Electronics
Others
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Phosphoric Acid Market these regions, from 2021 to 2027 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia–Pacific (China, Japan, Korea, India, and Southeast).
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Major Highlights of TOC
Chapter 1: Report Overview
Chapter 2: Global Growth Trends
Chapter 3: Competition Landscape by Key Players
Chapter 4: Industry Analysis by Regions
Chapter 5: Industry Analysis by Type
Chapter 6: Industry Analysis by Applications
Chapter 7: Key Companies Profiled
Chapter 8: Industry Manufacturers Cost Analysis
Chapter 9: Marketing Channel, Distributors, and Customers
Chapter 10: Market Dynamics
Chapter 11: Industry Forecast
Chapter 12: Research Findings and Conclusion
Chapter 13: Methodology and Data Source
Finally, the Phosphoric Acid market report offers a complete and detailed study of the global Phosphoric Acid market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except this, market insight reports will provide customization as per specific demands.
The report has 150+ tables and figures browse the full report description and TOC:
https://www.marketinsightsreports.com/reports/07273112843/global-phosphoric-acid-market-size-manufacturers-supply-chain-sales-channel-and-clients-2021-2027?Mode=18
Customization of the Report: This report will be customized as per your needs for extra data up to 3 companies or 3 countries or nearly 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides US and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Based on Apllication Type, By Application Fertilizers, Food and Feed Phosphate, Detergents, Water Treatment Chemicals, Industrial, Electronics.
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