Ammonium Polyphosphate (APP) Market By Type (APP I, APP II) , By Application (Flame retardants, Fertilizers, Paints and coatings, Food Additives, Polymer Additives, Adhesives, Others) By End-Use Industry (Automotive, Textile, Construction, Plastic, Agriculture, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033
Ammonium Polyphosphate (APP) Market
The ammonium polyphosphate (APP) market was valued at $2.1 billion in 2023 and is projected to reach $5.1 billion by 2033, growing at a CAGR of 9.4% from 2024 to 2033.
Ammonium polyphosphate (APP) is an inorganic salt formed by the combination of ammonia and polyphosphoric acid. The compound is characterized by its flame retardant, non-toxic, and environment-friendly attributes. APP is majorly used as a flameproof coating in ships, buildings, trains, and cables. In addition, the compound is used in agricultural fields as fertilizer as it provides essential nutrients that improve soil fertility and crop yield.
With increasing awareness regarding sustainability and environment-friendly fertilizers, the ammonium polyphosphate (APP) market is being driven significantly owing to surge in integration of APP in fertilizers. Furthermore, upsurge in the construction of residential and commercial buildings due to rapid urbanization is propelling the market development by rise in demand for APP as a flame retardant for the new infrastructure. The trend of precision farming is opening new avenues for the ammonium polyphosphate (APP) market by fueling the popularity of slow-release fertilizers. Such fertilizers aid in enhancing agricultural productivity as they precisely control the release of chemical content into the soil. APP serves as an excellent component for slow-release fertilizers due to its cross-chained structure, which exhibits high adhesion and improves the particle strength of fertilizers.
However, the presence of other phosphate-based flame-retardants and fertilizer alternatives hampers the development of the market. Furthermore, high volatility in the prices of raw materials impacts the overall production costs of APP. This results in financial instability and restrained growth of the ammonium polyphosphate (APP) market. On the contrary, rise in automotive industry is presenting lucrative opportunities for the market. The use of flame retardants is upsurging in the automotive industry, boosting the demand for APP. According to Forbes, the global automotive industry is anticipated to cross the mark of 100 million sales by 2028. This exponentially growing sale of automotives is poised to drive the growth of the ammonium polyphosphate (APP) market in the future.
Segment ReviewThe ammonium polyphosphate (APP) market is segmented into type, application, end-use industry, and region. On the basis of type, the market is bifurcated into APP I and APP II. As per application, it is divided into flame retardants, fertilizers, paints & coatings, food additives, polymer additives, adhesives, and others. By end-use industry, it is classified into automotive, textile, construction, plastic, agriculture, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key FindingsOn the basis of type, the APP II segment held a high share of the market in 2023.
As per application, the flame retardants segment acquired a high stake in the market in 2023.
By end-use industry, the construction segment dominated the market in 2023.Region wise, Asia-Pacific was the highest revenue generator in 2023.
Competition AnalysisThe major players of the global ammonium polyphosphate (APP) market include CLARIANT, Haihang Industry, American Elements, B JOSHI AGROCHEM PHARMA, vinipul Inorganics Pvt. Ltd., Nilkanth Organics, Tianjin Crown Champion Industrial Co., Ltd., AARTI PHOSPHATES, SAKSHI DYES & CHEMICALS, and YOGI CHEMICAL INDUSTRIES. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
Key Market SegmentsBy TypeAPP I
APP II
By ApplicationFlame retardants
Fertilizers
Paints and coatings
Food Additives
Polymer Additives
Adhesives
Others
By End-Use IndustryAutomotive
Textile
Construction
Plastic
Agriculture
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Rest of LAMEA
Key Market PlayersCLARIANT
Haihang Industry
American Elements
B JOSHI AGROCHEM PHARMA
vinipul Inorganics Pvt. Ltd.
Nilkanth Organics
Tianjin Crown Champion Industrial Co., Ltd.
AARTI PHOSPHATES
SAKSHI DYES & CHEMICALS
YOGI CHEMICAL INDUSTRIES