Phosphate Fertilizer Market will experience the highest growth rate of 2.23% during the given forecast period 2018 – 2023
A research study titled, “Phosphate Fertilizer Market by Product and Application – Global Industry Analysis and Forecast to 2023” published by Crystal Market Research.
Phosphate Fertilizer Market – Industry Outlook and Trend Analysis:
The Phosphate Fertilizer Market was worth USD 49.78 billion in 2014 and is expected to reach approximately USD 60.71 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 2.23% during the forecast period.
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Expanding worldwide populace, consumption of meat, and differentiated demand of food is foreseen to drive this market. Moreover, restricted availability of arable land is probably going to fuel the demand over the gauge time frame. Rising demand for grains and cereals because of quickly expanding populace over the globe is foreseen to help the development of phosphate fertilizers over the coming years.
So as to take care of the taking off demand for food with regards to restricted accessibility of arable land, crop yield can be expanded with help of phosphate fertilizers.
Phosphate Fertilizer Market – Product Outlook and Trend Analysis:
Diammonium phosphate (DAP) fertilizers are a significant cropping fertilizer as it is a major source of phosphorus and nitrogen. It is generally used for a scope of yields in expansive section of land cultivating, sugarcane, dairy pastures, cereals, sowing pastures, horticultural crops, and fodder crops. DAP is a cost-effective source of nitrogen for crops. Regarding income, the monoammonium phosphate (MAP) compost portion was assessed at USD 10.3 billion in 2016 and is expected to grow significantly in the upcoming years.
Phosphate Fertilizer Market – Application Outlook and Trend Analysis:
Cereals and grains framed the biggest application section in 2016 and this pattern is expected to proceed over the figure time frame. Existence of huge populace in nations, for example, India and China is foreseen to fuel interest for oats and grains with a specific end goal to take into account the taking off nourishment request in the area. This, thusly, will boost the interest for phosphate fertilizers over the estimate time frame.
The Phosphate Fertilizer Market is segmented as follows-
Diammonium Phosphate (DAP)
Monoammonium Phosphate (MAP)
Fruits & Vegetables
Cereals & Grains
Phosphate Fertilizer Market – Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
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Phosphate Fertilizer Market – Regional Outlook and Trend Analysis:
Asia Pacific and Central and South America are giving plentiful chance to the worldwide market for phosphate manures and are foreseen to develop at an impressive rate over the gauge time frame. On the basis of volume, Asia Pacific held the biggest share of the overall industry in 2016, capturing 59.1% of the worldwide market. Existence of huge populace in nations, for example, China and India is expanding interest for broadened nourishment, which will in the long run support interest for phosphate fertilizers over the figure time frame. India is the second biggest purchaser and biggest merchant of diammonium phosphate (DAP) fertilizers.
Table of Contents:
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1.Brazil Market States and Outlook (2014-2023)
4.4.2.Argentina Market States and Outlook (2014-2023)
4.4.3.Columbia Market States and Outlook (2014-2023)
4.4.4.Rest of South America Market States and Outlook (2014-2023)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1.Saudi Arabia Market States and Outlook (2014-2023)
4.5.2.UAE Market States and Outlook (2014-2023)
4.5.3.Egypt Market States and Outlook (2014-2023)
4.5.4.Nigeria Market States and Outlook (2014-2023)
4.5.5.South Africa Market States and Outlook (2014-2023)
4.5.6.Rest of MEA Market States and Outlook (2014-2023)
5.Phosphate Fertilizers Market, By Application
5.2.Global Phosphate Fertilizers Sales, Revenue and Market Share by Application (2014-2018)
5.2.1.Global Phosphate Fertilizers Sales and Sales Share by Application (2014-2018)
5.2.2.Global Phosphate Fertilizers Revenue and Revenue Share by Application (2014-2018)
5.3.Cereals & Grains
5.3.1.Global Cereals & Grains Sales and Growth Rate (2014-2018)
5.4.1.Global Oilseeds Sales and Growth Rate (2014-2018)
5.5.Fruits & Vegetables
5.5.1.Global Fruits & Vegetables Sales and Growth Rate (2014-2018)
5.6.1.Global Other Applications Sales and Growth Rate (2014-2018)
Phosphate Fertilizer Market – Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Phosphate Fertilizer Market – Competitive Insights:
The market competition is extremely intensive and relatively integrated, with the existence of limited key players possessing a major revenue share in 2016. The leading players in the market are The Mosaic Company, Agrium, PhosAgro, PotashCorp, OCP Group and EuroChem Group AG.
Some of the key questions answered by the Phosphate Fertilizer Market report are:
What was the Phosphate Fertilizer Market size in 2014 and forecast from 2015 to 2023?
What will be the industry Phosphate Fertilizer Market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the Phosphate Fertilizer Market forecast?
What are the major segments leading the Phosphate Fertilizer Market growth and why?
Which are the leading players in the Phosphate Fertilizer Market and what are the major strategies adopted by them to sustain the Phosphate Fertilizer Market competition?
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