Research Summary
Phosphoric acid (H₃PO₄) is a mineral acid that plays a vital role in various industrial applications and is widely used in the production of fertilizers, food and beverages, detergents, and other chemical processes. It is a colorless and odorless liquid with a syrupy consistency and is derived from the naturally occurring mineral phosphate rock. In agriculture, phosphoric acid is a key component in the manufacturing of phosphate fertilizers, providing essential phosphorus for plant growth. In the food and beverage industry, it is used as an acidulant in sodas, as a flavoring agent, and in the production of food-grade phosphates for various purposes. Phosphoric acid is also employed in rust removal, metal cleaning, and as a pH adjuster in water treatment processes. Its versatility and importance in different sectors contribute to phosphoric acid being one of the most widely produced and consumed acids globally.
According to DIResearch's in-depth investigation and research, the global Phosphoric Acid market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Phosphoric Acid include OCP, Mosaic, PhosAgro, PotashCorp (Nutrien), Itafos, EuroChem, Tunisian Chemical Group (GCT), Arkema, Solvay, ICL Performance Products, Hubei Xingfa Chemicals Group, Chengxing Group, Yunphos, IFFCO, Maaden, Wengfu Group, Yuntianhua, Tongling Chemical Industry Group, Kailin Group, Hubei Xinyangfeng Fertilizer etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Phosphoric Acid. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Phosphoric Acid market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Phosphoric Acid market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Phosphoric Acid industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Phosphoric Acid Include:
OCP
Mosaic
PhosAgro
PotashCorp (Nutrien)
Itafos
EuroChem
Tunisian Chemical Group (GCT)
Arkema
Solvay
ICL Performance Products
Hubei Xingfa Chemicals Group
Chengxing Group
Yunphos
IFFCO
Maaden
Wengfu Group
Yuntianhua
Tongling Chemical Industry Group
Kailin Group
Hubei Xinyangfeng Fertilizer
Phosphoric Acid Product Segment Include:
Electronic Grade
Food Grade
Others
Phosphoric Acid Product Application Include:
Fertilizers
Food & Beverages
Electronics
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Phosphoric Acid Capacity and Production Analysis
Chapter 3: Global Phosphoric Acid Industry PESTEL Analysis
Chapter 4: Global Phosphoric Acid Industry Porter's Five Forces Analysis
Chapter 5: Global Phosphoric Acid Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Phosphoric Acid Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Phosphoric Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Phosphoric Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Phosphoric Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Phosphoric Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Phosphoric Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Phosphoric Acid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Phosphoric Acid Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
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