Diammonium Phosphate (DAP) Market Expected Growth in Industry, Trends, Demands and Forecast from 2017-2022
Global and china Diammonium Phosphate (DAP) market is expected to witness rapid growth in the near future owing to high demand from fertilizer industry coupled with several favorable properties. Huge demand for fruits & vegetables and for other crop is estimated to drive the DAP market over the forecast period.
Global and china Diammonium Phosphate (DAP) market is expected to witness rapid growth in the near future owing to high demand from fertilizer industry coupled with several favorable properties. Huge demand for fruits & vegetables and for other crop is estimated to drive the DAP market over the forecast period.
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<strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) <strong>Market</strong> <strong>Expected</strong><br />
<strong>Growth</strong> <strong>in</strong> <strong>Industry</strong>, <strong>Trends</strong>, <strong>Dem<strong>and</strong>s</strong> <strong>and</strong> <strong>Forecast</strong><br />
<strong>from</strong> <strong>2017</strong>-<strong>2022</strong><br />
“Global <strong>and</strong> ch<strong>in</strong>a <strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) market is<br />
expected to witness rapid growth <strong>in</strong> the near future ow<strong>in</strong>g to<br />
high dem<strong>and</strong> <strong>from</strong> fertilizer <strong>in</strong>dustry coupled with several<br />
favorable properties. Huge dem<strong>and</strong> for fruits & vegetables <strong>and</strong><br />
for other crop is estimated to drive the <strong>DAP</strong> market over the<br />
forecast period.”<br />
Global <strong>and</strong> ch<strong>in</strong>a <strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) market is expected to witness rapid growth <strong>in</strong> the near future ow<strong>in</strong>g<br />
to high dem<strong>and</strong> <strong>from</strong> fertilizer <strong>in</strong>dustry coupled with several favorable properties. Huge dem<strong>and</strong> for fruits & vegetables<br />
<strong>and</strong> for other crop is estimated to drive the <strong>DAP</strong> market over the forecast period. <strong>Diammonium</strong> phosphate (<strong>DAP</strong>) also<br />
named as diammonium hydrogen phosphate is series of water-soluble ammonium phosphate salts which are produced<br />
by ammonia <strong>and</strong> phosphoric acid reaction. Solid diammonium phosphate shows some dissociation ammonia pressure.<br />
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Huge food requirement <strong>from</strong> region such as India <strong>and</strong> Ch<strong>in</strong>a is estimated to drive the market over the forecast period.<br />
Several advantageous properties such as it <strong>in</strong>crease the soil PH for shorter duration makes the usage of the<br />
<strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) beneficial. However, str<strong>in</strong>gent regulations are expected to hamper the growth over<br />
the eight year period. The <strong>in</strong>dustry is segmented based on product type as several phosphorus chemicals. Based on<br />
applications the market is segmented as Gra<strong>in</strong>s & oilseeds, Fruits & Vegetable <strong>and</strong> Other crops. Moreover it has<br />
application <strong>in</strong> fire retardant <strong>in</strong>dustry.<br />
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Major regional markets <strong>in</strong>clude Central & South America, Middle East <strong>and</strong> Africa, Asia Pacific, Europe, <strong>and</strong> North<br />
America. Among the develop<strong>in</strong>g region Ch<strong>in</strong>a had dom<strong>in</strong>ated the regional market <strong>in</strong> the recent past <strong>and</strong> had highest<br />
penetration followed by India. Ch<strong>in</strong>a is presumed to witness similar trend <strong>and</strong> dom<strong>in</strong>ate the market over the forecast<br />
period ow<strong>in</strong>g to huge dem<strong>and</strong> for food & vegetables <strong>in</strong> order to fulfill the need of the large population. The dem<strong>and</strong><br />
for crops is expected to witness rapid growth to fulfill the daily nutrition requirement. Thus dem<strong>and</strong> for crops is<br />
expected to have positive impact on the growth of the <strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) market over the forecast period.<br />
Developed region such as Europe <strong>and</strong> North America is projected to witness positive growth ow<strong>in</strong>g to ris<strong>in</strong>g dem<strong>and</strong><br />
form application segment such as vegetable & fruits, Gra<strong>in</strong>s & oilseeds <strong>and</strong> other crops. The product <strong>in</strong>novation <strong>and</strong><br />
development of new usage of the <strong>DAP</strong> market is expected to propel the <strong>in</strong>dustry dem<strong>and</strong> over the eight year period.<br />
The <strong>in</strong>dustry players are <strong>in</strong>vest<strong>in</strong>g on R&D to produce ideal quality product <strong>and</strong> achieve competitive advantage over<br />
other <strong>in</strong>dustry players. Companies are presumed to take strong measures <strong>in</strong> an aim to ga<strong>in</strong> more market share <strong>and</strong> to<br />
deliver varied range of product dem<strong>and</strong>. Prom<strong>in</strong>ent <strong>in</strong>dustry participants <strong>in</strong>clude Potash Corp. <strong>Phosphate</strong>, EuroChem<br />
<strong>Phosphate</strong>s, Corom<strong>and</strong>el Fertilizers, Office Cherifien des phosphates, ICL Fertilizers, Agrium <strong>Phosphate</strong>, Yara<br />
Downstream, CF <strong>Phosphate</strong>, Mosaic phosphate crop nutrients, PhosAgro <strong>Phosphate</strong> based products, Bayer AG, E.I. du<br />
Pont de Nemours <strong>and</strong> Company (DuPont), NUFARM LIMITED, SumitomoHealth & Crop Sciences, Indian Farmers<br />
Fertiliser Cooperative, BASF SE, Dow Agrosciences LLC, Monsanto Company, SociedadQuimica y M<strong>in</strong>era de Chile SA,<br />
Syngenta AG, Uralkali JSC <strong>and</strong> MakhteskimAgan Group<br />
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This research report on the global <strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) market projects restra<strong>in</strong>ts, drivers, opportunities,<br />
growth figures <strong>and</strong> trends that are projected to be seen <strong>in</strong> this <strong>in</strong>dustry between 2016 <strong>and</strong> 2024. For this purpose, our<br />
research underst<strong>and</strong>s the overall <strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) market by segment<strong>in</strong>g it based on region, raw<br />
materials <strong>and</strong> application <strong>in</strong>dustry. The <strong>in</strong>dustry structure is studied <strong>and</strong> the future growth is estimated over the<br />
forecast period. The research is based on an extensive primary & secondary research obta<strong>in</strong>ed <strong>from</strong> secondary <strong>and</strong><br />
primary sources. The primary <strong>and</strong> secondary data are used to estimate the quantitative growth figure of the <strong>DAP</strong><br />
market. Each segment growth is estimated <strong>in</strong> terms of volume <strong>and</strong> price <strong>in</strong> USD.
This report studies <strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) <strong>in</strong> Global market, especially <strong>in</strong> North America, Europe, Ch<strong>in</strong>a,<br />
Japan, Southeast Asia <strong>and</strong> India, focuses on top manufacturers <strong>in</strong> global market, with capacity, production, price,<br />
revenue <strong>and</strong> market share for each manufacturer, cover<strong>in</strong>g<br />
• Potashcorp<br />
• OCP<br />
• Mosaic<br />
• Mississippi <strong>Phosphate</strong>s Corporation<br />
• LUXI<br />
• Liuguo Chemical<br />
• Wengfu Group<br />
• Uralchem<br />
• S<strong>in</strong>ochem<br />
• Shangdong Lubei Chemical<br />
• SABIC<br />
• Q<strong>in</strong>huangdao Huay<strong>in</strong>g Phosphoric Acid<br />
• Hubei Yihua<br />
• Hefei Sifang<br />
• Guizhou Qianl<strong>in</strong> <strong>Phosphate</strong>s <strong>Industry</strong><br />
• Chitianhua Group
<strong>Market</strong> Segment by Regions, this report splits Global <strong>in</strong>to several key Regions, with production, consumption,<br />
revenue, market share <strong>and</strong> growth rate of <strong>Diammonium</strong> <strong>Phosphate</strong> (<strong>DAP</strong>) <strong>in</strong> these regions, <strong>from</strong> 2011 to 2021<br />
(forecast), like<br />
• North America<br />
• Europe<br />
• Ch<strong>in</strong>a<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
Split by product type, with production, revenue, price, market share <strong>and</strong> growth rate of each type, can be divided<br />
<strong>in</strong>to<br />
• Type I<br />
• Type II<br />
Split by application, this report focuses on consumption, market share <strong>and</strong> growth rate of <strong>Diammonium</strong> <strong>Phosphate</strong><br />
(<strong>DAP</strong>) <strong>in</strong> each application, can be divided <strong>in</strong>to<br />
• Application 1<br />
• Application 2
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