Press release
Global Single Superphosphate (SSP) Market to Grow from USD 5.4 Billion to USD 6.4 Billion by 2032 at 4.9% CAGR - SSP Market Forecast Highlights Rising Demand
Single Superphosphate (SSP) Market
For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/71155/
♦ Key Highlights
Market size and CAGR: USD 5.4 billion (2024) to USD 6.4 billion (2032), 4.9% CAGR
Leading application segment: Agriculture-particularly cereals, pulses, oilseeds, fruits, and vegetables
Fastest-growing / largest regional market: Asia-Pacific holds the highest share and is expected to dominate growth
Key drivers:
Increased adoption due to affordability and sulfur content correcting soil deficiencies
Growth in production capacity and government subsidies in developing economies
Restraints: Preference shifting toward higher-efficiency fertilizers like DAP and NPK; raw material price volatility (rock phosphate); distribution infrastructure challenges
Trends / Opportunities: Granulated SSP gaining traction for ease of use and storage; sustainable and integrated nutrient management practices boosting demand
Top companies: Madhya Bharat Agro Products Ltd; Potash Corporation of Saskatchewan; CF Industries Holdings Inc; Coromandel International Ltd; Yara International ASA; Jubilant Industries Ltd; The Mosaic Company; OCP; PCC Group; among others
♦ Top Companies: Includes Magnesium Elektron, Ka Shui International Holdings Ltd., Magontec, U.S. Magnesium LLC, Nanjing Yunhai Special Metals Co. Ltd., Meridian Lightweight Technologies, Advanced Magnesium Alloys Corporation (AMACOR), Shanghai Regal Magnesium, Shanxi Yinguang Huasheng, Shanxi Credit Magnesium, Dynacast, Shanxi Fugu Tianyu Mineral, POSCO, China Magnesium Corporation, Dead Sea Magnesium, Spartan Light Metal Products, Smiths Advanced Metals, Rima Group, Yee Dongguan Science & Technology, Taiyuan Tongxiang Magnesium.
♦ Market Outlook
The global SSP market is expected to grow steadily, expanding from USD 5.4 billion in 2024 to approximately USD 6.4 billion by 2032, at a compound annual growth rate of 4.9% . Demand is anchored in the fertilizer's cost-effectiveness and dual nutrient offering-phosphorus and sulfur-which addresses widespread soil deficiencies in developing agricultural regions. Production enhancements and government subsidies further strengthen supply and accessibility.
♦ Regional Insights
Asia-Pacific leads the global market in both current share and expected growth, propelled by robust agricultural sectors and strong policy support, notably in countries like India and China where subsidies for phosphatic fertilizers are significant . North America also contributes substantially, particularly for SSP applications in tobacco, cotton, vegetables, and fruit cultivation.
Gain more details with a free sample report. Inquire now :https://www.maximizemarketresearch.com/market-report/global-single-superphosphate-ssp-market/71155/
♦ Drivers, Restraints & Trends
♦ Drivers:
Sulfur-enriched fertilization addressing soil health
Government support via subsidies and policy initiatives
Shift to granulated formulations for efficiency and reduced waste
♦ Restraints:
Competition from higher-nutrient fertilizers (DAP, NPK)
Raw material supply and price instability
Infrastructure and awareness gaps in remote regions
♦ Trends:
Adoption of sustainable, integrated nutrient management
Emphasis on soil health through cost-effective fertilizer solutions
♦ Key Players
Several multinational and regional players dominate the SSP landscape, leveraging production capacity and distribution networks. Notable companies include Madhya Bharat Agro Products Ltd, Potash Corporation of Saskatchewan, CF Industries, Coromandel International, Yara International ASA, Jubilant Industries Ltd, The Mosaic Company, OCP, PCC Group, and others. Competitive strategies span capacity expansion, cost-effective technologies, and market penetration through partnerships and export channels.
♦ Quote
"Given its affordability and dual nutrient benefits, Single Superphosphate (SSP) is poised to remain a cornerstone fertilizer-especially in emerging economies," said an industry analyst. "With rising government subsidies, growing awareness of soil health, and the shift toward granulated SSP, we expect the market to sustain its growth trajectory over the next decade."
♦ Contact Us :
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
♣ About Us
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 Global Single Superphosphate (SSP) Market to Grow from USD 5.4 Billion to USD 6.4 Billion by 2032 at 4.9% CAGR - SSP Market Forecast Highlights Rising Demand here
News-ID: 4175529 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Procurement Software Market Forecast: Automation, Analytics and Cloud Adoption
Procurement Software Market size was valued at USD 8.18 billion in 2024, and the total revenue is expected to grow at CAGR of 10.8 % from 2025 to 2032, reaching nearly USD 18.58 billion.
Procurement Software Market Overview:
The procurement software market is a core component of enterprise digital transformation, enabling organizations to automate, standardize, and optimize purchasing activities across goods and services. Procurement software solutions support functions such as supplier discovery,…
What Is Driving Growth in the Independent Software Vendors (ISVs) Market?
Independent Software Vendors (ISVs) Market was valued at USD 1.23 Bn in 2024, and total global Independent Software Vendors (ISVs) Market revenue is expected to grow at a CAGR of 9.18% and reach nearly USD 2.48 Bn from 2025 to 2032. Driven by Rising Demand for Multi-cloud & Hybrid Cloud.
Independent Software Vendors (ISVs) Market Overview:
The Independent Software Vendors (ISVs) market represents a critical layer of the global software ecosystem, delivering…
India Lighting Market Analysis: Industry Dynamics and Growth Forecast
India Lighting Market size was valued at USD 4139.2 Million in 2024 and the total India Lighting Market size is expected to grow at a CAGR of 7.1% from 2025 to 2032, reaching nearly USD 7674 Million by 2032.
India Lighting Market Overview:
The India lighting market is a rapidly evolving sector driven by urbanization, infrastructure expansion, and the transition toward energy-efficient illumination solutions. Lighting demand spans residential, commercial, industrial, and outdoor…
Custom Software Development Services Market Forecast: Cloud, AI and DevOps Trend …
Agricultural Waste Market size was valued at USD 20.20 Billion in 2025 and the total Agricultural Waste revenue is expected to grow at a CAGR of 7.20% from 2025 to 2032, reaching nearly USD 32.86 Billion by 2032.
Custom Software Development Services Market Overview:
The custom software development services market plays a pivotal role in enabling enterprises to align digital systems with specific operational, regulatory, and customer-experience requirements. Unlike off-the-shelf solutions, custom…
More Releases for SSP
Single Superphosphate (SSP) Market: Fertilizing Agricultural Growth in 2030
An overview of the Single superphosphate (SSP) Market is as follows:
Single Superphosphate (SSP) is a mineral-based fertilizer consisting primarily of gypsum and monocalcium. It plays a pivotal role in plant nutrient development, offering a rich source of secondary nutrients like calcium and sulfur. With good water solubility, SSP serves as an effective nutrient management tool for crops, contributing to its significant position in the plant nutrients industry.
Technological developments and industry…
India SSP Market Challenges, Growth and Opportunities - 2030
The latest research study released by Transparency Market Research on "India SSP Market Forecast to 2020-2030 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the India SSP industry, as well as…
DecenterAds Launches Comprehensive Guide for Monetizing with DecenterAds SSP
The guide explains how to set up an account with DecenterAds and how to monetize inventory with their programmatic platform. Once the publisher's inventory is approved, they simply need to add DecenterAds' code to their website's source, and the platform will serve ads to the visitors of the website or app, generating revenue for the publisher. DecenterAds supports a range of ad formats, including various banner or native formats, as…
India SSP Market Dynamics, Prominent States and Key Players by 2030
Albany, NY - India SSP Market: Introduction
Transparency Market Research delivers key insights on the SSP market in India. In terms of revenue, the SSP market in India is estimated to expand at a CAGR of 6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the SSP market in India.
The SSP market in India is broadly affected by several…
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…
The SSP Plugin- Advanced Version for Revive Adserver is Here
As a web publisher, you have decided to make money of the available ad spaces. In addition, you have considerable amount of traffic in your site.
Nevertheless, finding and managing ads for ad inventory slots is another complex task.
This is where the Supply-side platform/Sell-side platform or the SSP plugin- Advanced version comes in. A technology platform that receives the ad request from the publisher to fill the ad space;…
