Phosphoric Fertilizer Market To 2022 – Market Share, Growth, Trends: Grand View Research, Inc.
Phosphorus fertilizers are widely used as they improve vegetable & fruits quality and enhance maturity. Increasing agricultural exports along with rising frozen & canned food demand is projected to drive market growth over the forecast period. For More Information Visit - http://www.grandviewresearch.com/industry-analysis/phosphoric-fertilizer-market
Phosphorus fertilizers are widely used as they improve vegetable & fruits quality and enhance maturity. Increasing agricultural exports along with rising frozen & canned food demand is projected to drive market growth over the forecast period.
For More Information Visit - http://www.grandviewresearch.com/industry-analysis/phosphoric-fertilizer-market
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<strong>Grand</strong> <strong>View</strong> <strong>Research</strong>, <strong>Inc</strong>: <strong>Phosphoric</strong> <strong>Fertilizer</strong>s <strong>Market</strong>Analysis, Size, Application Analysis, Regional Outlook,Competitive Strategies And Forecasts, 2015 <strong>To</strong> <strong>2022</strong><strong>Inc</strong>reasing demand from agriculture industry coupled with rising food demand isexpected to drive global phosphoric fertilizer market growth over the next sevenyears. Limited natural resources such as arable land are anticipated to fuel demandsignificantly. Rising consumer awareness regarding fertilizer benefits is expectedto fuel market penetration in region such as Asia Pacific and Latin America.Phosphorus fertilizers are widely used as they improve vegetable & fruits qualityand enhance maturity. <strong>Inc</strong>reasing agricultural exports along with rising frozen &canned food demand is projected to drive market growth over the forecast period.Low phosphorus amount in rock and elevated transportation cost is expected tolimit phosphate rock usage and compliment increasing market size.
For More Information on "<strong>Phosphoric</strong> <strong>Fertilizer</strong>s <strong>Market</strong> <strong>Research</strong> Reports"visit - http://www.grandviewresearch.com/industry-analysis/phosphoricfertilizer-marketPopulation expansion coupled with increasing food demand in emergingeconomies of Asia Pacific, Africa and Latin America is anticipated to remain a keydriving factor market growth over the next seven years. <strong>Inc</strong>reasing chemicalfertilizers usage in modern farming is expected to fuel demand and compelcountries to increase their production capacities.Phosphorus dosage has minimal impact on roots as utilized phosphorus getswashed in rain before plants intake. Excess phosphorus contaminating groundwater is expected to hinder market growth and challenge industry participants overthe next seven years. <strong>Inc</strong>reasing water purification cost owing to phosphoruscontamination is anticipated to limit fertilizer usage and induce manufacturers towork on cost cutting.
Key raw materials required for phosphoric fertilizer production are sulfuric acidand phosphoric rock. It is produced through using wet or dry process. Dry processinvolves using electric furnace which produces white acid, while wet processutilizes phosphoric acid and gypsum. <strong>Fertilizer</strong>s produced using white acid iscomparatively costly owing to expensive treatment process.Asia Pacific is expected to emerge as the leading regional market owing to hugeagriculture sector in China, India, Bangladesh, Vietnam and Indonesia. Chinaaccounted for one-third consumption of the total consumption followed by India.Rising population along with food security initiatives is expected to drive regionalmarket growth over the next seven years.
North America is anticipated to witness significant growth rate due to hightechnological and economic growth in the region. Latin America is expected toemerge as the fastest growing region owing to increasing agriculture industry inBrazil and Argentina.Office Cherifien des Phosphates (OCP), Yara International ASA and Eurochemaccounted for more than one-third of the world phosphates production.Aforementioned companies are expanding their business to emerging markets ofAsia Pacific and Latin America in order to increase market penetration.Other key players operating in the global market include Sasol Nitro, Omnia <strong>Inc</strong>.,Agrium <strong>Inc</strong>., Potash Corp., Cf industries holdings and Ma'aden PhosphateCompany.Request TOC of “<strong>Phosphoric</strong> <strong>Fertilizer</strong>s <strong>Market</strong> <strong>Research</strong> Reports" visit -http://www.grandviewresearch.com/industry-analysis/phosphoric-fertilizermarket/request-tocAbout <strong>Grand</strong> <strong>View</strong> <strong>Research</strong><strong>Grand</strong> <strong>View</strong> <strong>Research</strong>, <strong>Inc</strong>. is a U.S. based market research and consultingcompany, registered in the State of California and headquartered in San Francisco.The company provides syndicated research reports, customized research reports,and consulting services. <strong>To</strong> help clients make informed business decisions, thecompany offers market intelligence studies ensuring relevant and fact-basedresearch across a range of industries including technology, chemicals, materials,healthcare and energy.
Contact:Sherry JamesCorporate Sales Specialist, U.S.A.<strong>Grand</strong> <strong>View</strong> <strong>Research</strong>, <strong>Inc</strong>.United StatesPhone: 1-415-349-0058<strong>To</strong>ll Free: 1-888-202-9519Email: sales@grandviewresearch.comWebsite: <strong>Grand</strong> <strong>View</strong> <strong>Research</strong>Blog Site: http://www.divog.org/
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