Press release
Phosphoric Acid Market - Global Industry Analysis, Market Size, Opportunities, And Forecast 2022 - 2031
The global phosphoric acid market size is expected to grow from $43.48 billion in 2021 to $46.06 billion in 2022 at a compound annual growth rate (CAGR) of 5.93%. The global phosphoric acid market size is expected to reach $54.47 billion in 2026 at a CAGR of 4.28%.The Business Research Company offers the Phosphoric Acid Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The phosphoric acid market consists of sales of phosphoric acid by entities (organizations, sole traders and partnerships) that are used as a component of fertilizers, detergents, and many household cleaning products. Phosphoric acid is a triprotic acid that exists in the form of a dense liquid. It is corrosive to both human and laboratory animal skin, eyes, and mucous membranes. Dilute solutions of phosphoric acid have a pleasing acid taste, thus, it is also used as a food additive, lending acidic properties to soft drinks and other prepared foods, and in water treatment products.
Some key phosphoric acid market players are The Mosaic Company, PJSC PhosAgro, Prayon, EuroChem Group AG, IFFCO, Israel Chemical Ltd., Yara International, OCP S.A., Yuntianhua Group, Fertiliser and Chemicals Travancore Ltd., Kazphosphate LIC, OJSC Phosagro, ArrMaz, and Labdhi Chemicals.
The countries covered in the global phosphoric acid market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global phosphoric acid market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Phosphoric Acid Market Segmentation:
By Grade
1. Food
2. Agricultural
3. Industrial
By Process Type
1. Furnace Process
2. Dry Kiln Process
3. Others
By End-user Industry
1. Fertilizer
2. Food and Beverages
3. Chemicals
4. Medicine
5. Metallurgy
6. Others
See More On The Report At https://www.thebusinessresearchcompany.com/report/phosphoric-acid-global-market-report
The Report's Table Of Contents Includes
1. Executive Summary
2. Phosphoric Acid Market Characteristics
3. Phosphoric Acid Market Trends And Strategies
4. Impact Of COVID-19 On Phosphoric Acid
5. Phosphoric Acid Market Size And Growth
....
28. Key Mergers And Acquisitions In The Phosphoric Acid Market
29. Phosphoric Acid Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the phosphoric acid market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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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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• J.R. Simplot Company
• Nutrien Ltd.
• OCP Group
• PJSC PhosAgro
• Prayon Group
• Solvay
• Spectrum Chemical Manufacturing Corporation
• The…
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The diammonium hydrogen phosphate market will grow significantly in the years to come with a rate of about 5%, because of the growing need for manure to increase agricultural yields.
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