01 March 2021
Visiongain has published a new report on Phosphate Fertilizers Market Report to 2031: Forecasts On the basis of Type (Superphosphate, Diammonium Phosphate (DAP), Monoammonium phosphate (MAP), phosphate compounds), On the basis of Crop Type (Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Floriculture crops, Permanent crops, Plantation crops, Pastures, Grasslands, Other agricultural cultivation), On the basis of Application (Soil, Foliar, Fertigation, Aerial application, Basal application, Starter solution), On the basis of Form (Liquid, Dry, Granular, Pelleted) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country.
Visiongain has estimated that the total market for Phosphate Fertilizers would be around $x million in 2020 and is projected to grow at a CAGR of x% during the forecast period 2021-2031. The production of phosphorus (P) fertiliser mainly involves mining, upgrading and conversion of phosphate rock to soluble plants of P. The complex systems of P fertiliser reactions and motion in the soil have received much more light from ongoing research from agronomists and soil scientist. The fundamental principles and practises related to P fertiliser production, marketing and use. In the production of phosphate fertiliser, phosphoric acid is the main intermediate. It also acts as an intermediate for both liquid and solid mixed fertilisers in addition to its application in the production of ammonium phosphates and concentrated superphosphate. The chapter deals with phosphate fertilisers' chemical and physical properties, soil fertilisation practises, soil P chemistry, and physical factors that have an effect on P movement and use in the soil.
What factors could lead to an expansion of the Phosphate Fertilizers market?
For optimum crop production in relation to fertiliser, phosphorus is an essential macronutrient. Bone meal, fertiliser, and superphosphate rocks are the source of phosphorus. Phosphate from rock is the commodity used on the market to produce most market-based phosphate fertilisers. Rapid population growth requires increased production of food. In order to achieve better yields, farmers are motivated to use high quality fertilisers. Diammonium phosphate (DAP), monoammonium phosphate (MAP) and superphosphates are the main phosphatic fertilisers. In phosphatic fertilisers, the consumption of DAP and superphosphate fertilisers is comparatively higher by 30 and 38 per cent.
Which products are the champions of Phosphate Fertilizers market growth?
Ground rock phosphate was used in the past as an acidic phosphate source. However, the low phosphate availability in rock phosphates has reduced the use of rock phosphate in agriculture, and high transportation costs as well as small crop response. Others have been facing challenges to farmers to increase crop output from limited arable terrestrial land due to increasingly diversified food demand as population factors grow. These factors led farmers to use chemicals that increase the demand of the market for phosphatic fertilisers. Following nitrogen, phosphorus is an essential macronutrient for the optimal fertiliser use production. The Phosphorus nutrient is a plant structure that controls protein synthesis and is compounded by the complex nucleic acid structure. Plants involve phosphorus, which also helps the fast growth of plants, in sugars, oils, stutches etc. To overcome the specific phosphorous nutrient deficiency in soils, different types of phosphorus are applied.
Leading companies and the potential for market growth
Eurochem Group AG
Yara International ASA
Potash Corp. of Saskatchewan Inc.
Israel Chemicals Ltd.
CF Industries Holdings Inc.
The Mosaic Co.
Coromandel International Ltd
Overall world revenue for Phosphate Fertilizers Market will surpass $xx million in 2020, our work calculates. We predict strong revenue growth through to 2031. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How the Phosphate Fertilizers Market report helps you
• In summary, our 400+ page report provides you with the following knowledge:
• Which are the Channels of distribution for Phosphate Fertilizers?
• How Phosphate Fertilizers is Geographically distributed?
• What are Supply and demand considerations for Phosphate Fertilizers?
• What is the Status of Global Supply of Phosphate Fertilizers?
• How much Demand for Phosphate Fertilizers in the Global Market?
• Which are the Substitutability Issues for Phosphate Fertilizers?
• What is the Lead times for Phosphate Fertilizers?
• Phosphate Fertilizers Industry Knowledge of Country Sources
• Which are the Factors Affecting Purchasing Decisions?
• Comparisons of domestic products, subject imports, and non-subject imports
• Comparison of Global Produced and Imported Phosphate Fertilizers
• Revenue forecasts to 2031 for Phosphate Fertilizers Market, with forecasts for Type , Crop Type, Application, Form each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues
The comprehensive report offers market estimation and forecast for the period ranging 2021 – 2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Phosphate Fertilizers.
The Phosphate Fertilizers Market Report 2021-2031 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.
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The production of domestic phosphate rock in 2019 was reduced by the temporary closure of one mine in Florida and the reduction of phosphate rock inventories by companies. Because of lower output of phosphoric acid and fertiliser, domestic consumption was 4 % lower.
01 March 2021
For optimum crop production in relation to fertiliser, phosphorus is an essential macronutrient. Bone meal, fertiliser, and superphosphate rocks are the source of phosphorus.