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.
Global Compactors Market Forecast: From USD 2.87 Bn in 2024 to USD 3.86 Bn by 20 …
According to a new report by Maximize Market Research, the global compactors market was valued at USD 2.87 billion in 2024 and is expected to reach USD 3.86 billion by 2032, growing at a CAGR of 3.76% during the forecast period of 2025-2032.
For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/market-report/compactors-market/76267/
♦ Key Highlights:
Market Size & CAGR: Valued at USD 2.87 billion in 2024; projected to reach USD…
Global Antimicrobial Susceptibility Testing Market to Reach USD 9.05 Billion by …
According to a new report by Maximize Market Research, the global antimicrobial susceptibility testing market was valued at USD 5.85 billion in 2024 and is projected to reach USD 9.05 billion by 2032, growing at a CAGR of 5.6 % from 2025 to 2032. The forecast underscores escalating demand across hospitals, clinics, and diagnostic programs worldwide.
For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/1281/
♦Key Highlights
Market Size &…
Global Abaca Fiber Market to Reach USD 1.73 Billion by 2030 at 15.2% CAGR - Abac …
According to a new report by MaxiMize Market Research, the global abaca fiber market was valued at USD 643.47 million in 2023 and is projected to reach USD 1,732.60 million by 2030, growing at a CAGR of approximately 15.2% over the forecast period (2024-2030).
For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/81632/
♦ Key Highlights
Market size & CAGR: USD 643.47 million in 2023 to USD 1,732.60 million by…
In-Car Wireless Phone Charging Market Global Industry Analysis and Forecast (202 …
Opening Paragraph:
According to a new report, the global In-Car Wireless Phone Charging Market was valued at USD 2.07 Billion in 2023 and is projected to reach USD 2.88 Billion by 2030, growing at a CAGR of 4.8% during the forecast period. The market's expansion is fueled by increasing consumer demand for wireless charging systems in vehicles, technological advancements, and rising production of electric and hybrid cars globally.
Want to know more?…
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…
Global Spray Dryer Market Forecast 2018-2025 Yamato, Labplant, SACMI, SSP
Recently added detailed market study "Global Spray Dryer Market" examines the performance of the Spray Dryer market 2018. It encloses an in-depth Research of the Spray Dryer market state and the competitive landscape globally. This report analyzes the potential of Spray Dryer market in the present and the future prospects from various angles in detail.
The Global Spray Dryer Market 2018 report includes Spray Dryer market Revenue, market Share, Spray Dryer…
