Reports and Data estimates the global Phosphates Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Phosphates Market during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include The Mosaic Company (U.S.), OCP Group (Morocco), ICL Group (Isreal), Nutrien Ltd. (Canada), Prayon Group (Belgium), PhosAgro Group of Companies (Russia), Eurochem Group (Switzerland), Kazphosphate LLC (Kazakhstan), Maa’den (Saudi Arabia), Sinochem Yunlong Co. Ltd. (China), Yara International (Norway), Aditya Birla Chemicals (India), Coromandel International Limited (India)The Mosaic Company (U.S.), OCP Group (Morocco), ICL Group (Isreal), Nutrien Ltd. (Canada), Prayon Group (Belgium), PhosAgro Group of Companies (Russia), Eurochem Group (Switzerland), Kazphosphate LLC (Kazakhstan), Maa’den (Saudi Arabia), Sinochem Yunlong Co. Ltd. (China), Yara International (Norway), Aditya Birla Chemicals (India), Coromandel International Limited (India)
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Phosphates Market Overview :-
The global phosphates market size was significantly robust in 2021 and is expected to register a steady revenue CAGR over the forecast period. Due to their high potential to offer vital nutrients for agricultural productivity, they are used in fertilizer manufacture. Furthermore, increased use of the chemical as a meat preservation ingredient due to their ability to hold water and maintain natural taste drives industry expansion. In addition, increased use of phosphate in the pharmaceutical and healthcare industry to avoid kidney stones is expected to drive market revenue growth during the forecast period. However, the inevitable rise in prices of such chemicals will result in the creation of novel low-cost, and environment-friendly crop nutrients, which will stifle industry expansion. However, increasing use of the chemical as a leavening and emulsifying agent is expected to generate additional possibilities in the future.
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Type Outlook (Revenue, USD Billion; 2019-2030)
- Ammonium Phosphate
- Calcium Phosphate
- Potassium Phosphate
- Sodium Phosphate
- Magnesium Phosphate
- Single Super Phosphate
- Others
Application/End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Building Construction
- Agriculture
- Animal Feed
- Personal Care
- Water Treatment
- Cleaners/Detergents
- Food Beverages
- Pharmaceutical
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Phosphates Market during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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About Reports and Data
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