Press release
India Phosphoric Acid Market to Reach USD 4.91 Billion by 2033 - IMARC Group
The latest report by IMARC Group, "India Phosphoric Acid Market Size, Share, Trends and Forecast by Grade, Application, and Region, 2025-2033" offers a comprehensive analysis of the India phosphoric acid market.The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The India phosphoric acid market size reached USD 2.62 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.91 Billion by 2033, exhibiting a growth rate (CAGR) of 6.70% during 2025-2033.
Report Attributes and Key Statistics:
Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2023
Market Size in 2024: USD 2.62 Billion
Market Forecast in 2033: USD 4.91 Billion
Market Growth Rate (2025-2033): 6.70%
India Phosphoric Acid Market Overview:
The Indian market for phosphoric acid is expanding slowly due to its indispensable application in the production of phosphate fertilizers, especially di-ammonium phosphate (DAP). Its expansion is founded on India's strong agricultural base and the growing need to increase crop yields in small arable land. Government subsidy of fertilizers and rising food grain demand in the country also enhance the market momentum. In addition, developments in manufacturing plants and international partnerships are helping India reduce its import reliance and strengthen its fertilizer supply chain, resulting in overall growth of the phosphoric acid industry.
Request for Sample Report: https://www.imarcgroup.com/india-phosphoric-acid-market/requestsample
India Phosphoric Acid Market Trends and Drivers:
The industry is also witnessing a shift towards localized production to decrease dependency on phosphoric acid imports. Purification technology improvements are making manufacturing units more efficient and less environmentally intrusive. Increasing usage of phosphoric acid in non-agricultural industries like water treatment, food-grade, and pharmaceutical is also observed. Consolidation of supply chains is being witnessed due to joint ventures of Indian companies with overseas suppliers. Moreover, increasing awareness of sustainable agriculture is promoting uptake of high-quality, application-specific fertilizers, ahead of refined phosphoric acid demand.
India's large agricultural economy and the constant need to increase crop yields are key drivers driving consumption of phosphoric acid. The continuous support by the government through rural development programs and subsidies on fertilizers continues to feed demand for allied products and DAP. Increasing investment in local fertilizer manufacturing plants, combined with strategic import arrangements for raw materials like rock phosphate, are stimulating market growth. Also, population increase and urbanization with high rates are putting pressure on agriculture, leading to more intensive farming approaches based on phosphoric acid-based fertilizers.
Browse Full Report with TOC & List of Figures: https://www.imarcgroup.com/india-phosphoric-acid-market
Market Key Growth Drivers:
• Strong demand from the fertilizer industry
• Government subsidies and agricultural reforms
• Growing need for enhanced crop productivity
• Expansion of domestic manufacturing capacities
• Rising use in water treatment and food-grade applications
• International partnerships and import agreements
Segmentations of the Report:
IMARC Group provides an analysis of the key trends in each segment of the India phosphoric acid market, along with forecasts at the regional level from 2025-2033. The market has been categorized based on grade, application, and region.
Grade Insights:
• Food Grade
• Technical Grade
Application Insights:
• Fertilizers
• Food Additives
• Animal Feed
• Industrial Use
Regional Insights:
• North India
• South India
• East India
• West India
Competitive Landscape:
The report presents a detailed analysis of the competitive landscape in the India phosphoric acid market. It includes profiles of major companies, market structure, key player positioning, strategic developments, and an evaluation quadrant. The competitive overview helps stakeholders understand current dynamics and key growth strategies employed by leading firms.
Market News:
• In March 2025, Paradeep Phosphates Ltd. announced a new investment plan to expand its phosphoric acid production facility in Odisha to meet the rising demand from fertilizer manufacturers.
• In October 2024, Coromandel International Limited entered into a strategic partnership with a Moroccan phosphate supplier to secure long-term raw material supply for its upcoming phosphoric acid plant.
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
Ask an analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=31267&flag=C
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No.: (D) +91 120 433 0800
Americas: +1 631 791 1145 | Asia: +91-120-433-0800 | UK: +44-753-714-6104
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release India Phosphoric Acid Market to Reach USD 4.91 Billion by 2033 - IMARC Group here
News-ID: 3998949 • Views: …
More Releases from IMARC Group
LED Light Bulb Manufacturing Plant Cost and Requirements Report to Setting up an …
LED (Light Emitting Diode) light bulbs are energy-efficient lighting solutions that use semiconductor technology to produce bright, long-lasting illumination with minimal energy consumption. They are widely used in residential, commercial, and industrial settings due to their low power usage, durability, and eco-friendly features, making them a preferred alternative to traditional incandescent and fluorescent bulbs.
To set up an LED light bulb plant, procure high-quality LED chips, drivers, heat sinks, and casings.…
Automotive Cleaning Wipes Manufacturing Plant Report 2025: Investment Opportunit …
Automotive cleaning wipes are pre-moistened, disposable wipes designed for quick and convenient cleaning of vehicles. They remove dirt, dust, grease, and grime from interiors and exteriors without the need for water or additional cleaning agents. These wipes are formulated to be gentle on surfaces while providing effective cleaning, making them popular among car owners, detailing services, and automotive workshops.
Setting up an automotive cleaning wipes plant involves sourcing high-quality non-woven fabrics,…
High-Temperature Silicone Rubber Manufacturing Plant Setup 2025: Machinery Requi …
High-temperature silicone rubber is a specialized elastomer designed to withstand extreme heat, chemical exposure, and UV radiation without losing its elasticity or mechanical properties. It is widely used in automotive gaskets, electrical insulation, industrial seals, cookware, and aerospace components due to its excellent thermal stability, flexibility, and resistance to aging and oxidation.
To set up a high-temperature silicone rubber plant, source high-quality silicone polymers, fillers, and curing agents. Invest in mixers,…
Philippines Eyewear Market Worth USD 5,706.43 Million From 2025-2033
The latest report by Horizon Databook, "Philippines Eyewear Market Size, Share, Trends and Forecast by Product, Gender, Distribution Channel, and Region, 2025-2033," provides an in-depth analysis of the Philippines eyewear market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Philippines eyewear market size reached USD 3,392.00 Million in 2024 and is projected to grow to USD 5,706.43 Million by 2030,…
More Releases for India
India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035).
India Smart Air Purifier Market Overview
The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features…
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…
