Press release
Global Phosphoric Acid Market Forcast To Grow At CAGR Of 2.21% Between 2017-2021
"The Report Global Phosphoric Acid Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"About Phosphoric Acid Market
Phosphoric acid is a colorless and odorless phosphorous-containing inorganic mineral acid. It is used in medicine, dentistry, fertilizer manufacturing, and many other applications. It belongs to a class of non-metal phosphates and acts as a sequestering agent that binds many divalent cations. The molecules of phosphoric acid combine with themselves and form various compounds. Phosphoric acid is available as a clear-colorless liquid and transparent crystalline solid. It is commonly known as orthophosphoric acid or phosphoric(V) acid.
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Technavios analysts forecast the global phosphoric acid market to grow at a CAGR of 2.21% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global phosphoric acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
North America
APAC
Europe
ROW
Technavio's report, Global Phosphoric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
The Mosaic Company
OCP
PhosAgro
PotashCorp
Sinofert Holdings
Other prominent vendors
Acron
Agrium
Arkema
CF Industries Holdings
EUROCHEM
GCT
Guizhou Kailin
IFFCO
ICL
Jordan Phosphates Mines Company
Maaden
URALCHEM
Vale
WengFu Group
Yara
Market driver
Subsidies for sale of fertilizers in developing economies
For a full, detailed list, view our report
Market challenge
Increased adoption of genetically modified (GM) seeds
For a full, detailed list, view our report
Market trend
Increased foreign investments and joint ventures
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global phosphoric acid market by application
Global phosphoric acid market in the fertilizers segment
Global phosphoric acid market in the food additives segment
Global phosphoric acid market in the animal feed segment
Global phosphoric acid market in the others segment
PART 07: Geographical segmentation
Global phosphoric acid market by geography
Phosphoric acid market in APAC
Phosphoric acid market in Europe
Phosphoric acid market in North America
Phosphoric acid market in ROW
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Increased foreign investments and joint ventures
Increasing production capacity of fertilizer manufacturers through expansion
Liberalization and gradual phasing out of subsidy schemes
Introduction of organic phosphate fertilizers
PART 11: Vendor landscape
Competitive scenario
Key market vendors
Other prominent vendors
PART 12: Key vendor analysis
The Mosaic Company
OCP
PhosAgro
PotashCorp
Sinofert Holdings
PART 13: Appendix
List of abbreviations
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Phosphoric Acid Market 2031 Competitor Analysis
The Phosphoric Acid Market is expected to register a CAGR of 4% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
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Based on Apllication Type, By Application Fertilizers, Food and Feed Phosphate, Detergents, Water Treatment Chemicals, Industrial, Electronics.
Major Companies operating in the Phosphoric Acid Market are:
• Arkema Group
• J.R. Simplot Company
• Nutrien Ltd.
• OCP Group
• PJSC PhosAgro
• Prayon Group
• Solvay
• Spectrum Chemical Manufacturing Corporation
• The…
Phosphoric Acid Market was Dominated by Agricultural-Grade Phosphoric Acid
The phosphoric acid market was USD 45,671.2 million in 2022, and it will grow at a rate of 4.1% in the years to come, to touch USD 63,186.8 million by 2030, as stated by a market research institution P&S Intelligence.
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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Global Phosphoric Acid Market Size
According to a new market research report published by Global Market Estimates, the Global Phosphoric Acid Market is expected to grow from USD 46.5 Billion in 2023 to USD 58.2 Billion by 2028 and is projected to grow at a CAGR of 4.44% from 2023 to 2028.
The growing export value and volume of fertilizers, increased demand for phosphoric acid from the food and beverage and pharmaceutical industries, and increasing concerns…