Global Ammonium Phosphate Market Growth 2023-2029

Global Ammonium Phosphate Market Growth 2023-2029

Ammonium phosphate is the salt of ammonium and phosphate. It is a highly unstable compound with the formula (NH4)3PO4. Because of its instability, it is elusive and of no commercial value. A related "double salt", (NH4)3PO4.(NH4)2HPO4 is also recognized but is too unstable for practical use. Both triammonium salts evolve ammonia. In contrast to the fragile nature of the triammonium salts, diammonium phosphate (NH4)2HPO4 is a valuable material, mainly as a fertilizer. Also of value is monoammonium salt (NH4)H2PO4 which is also valued as a fertilizer.

LPI (LP Information)' newest research report, the “Ammonium Phosphate Industry Forecast” looks at past sales and reviews total world Ammonium Phosphate sales in 2022, providing a comprehensive analysis by region and market sector of projected Ammonium Phosphate sales for 2023 through 2029. With Ammonium Phosphate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ammonium Phosphate industry.

This Insight Report provides a comprehensive analysis of the global Ammonium Phosphate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ammonium Phosphate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ammonium Phosphate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ammonium Phosphate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ammonium Phosphate.

The global Ammonium Phosphate market size is projected to grow from US$ 38580 million in 2022 to US$ 47750 million in 2029; it is expected to grow at a CAGR of 47750 from 2023 to 2029.

China accounted for the largest regional share for ammonium phosphate followed by India and Brazil. China was also the largest producer, accounting for over 50% of the global market in 2014. However, the government of India’s decision to lower fertilizer subsidy is expected to decline demand. As a result, fertilizer prices have increased, which is expected to hamper market growth.

North America demand is expected to increase on account of improved reforms by the government on the use of fertilizers in crops. However, growing demand for organic products in the region is expected to hamper market growth over the forecast period. Furthermore, stringent regulations against the use of chemical fertilizers are expected to negatively impact market growth in Europe. As a result, the demand is expected to decline over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Ammonium Phosphate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Monoammonium Phosphate (MAP)
Diammonium Phosphate (DAP)

Segmentation by application
Metal Finishing Chemicals
Water Treatment Chemicals
Food & Beverage
Detergent & Soaps

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lanxess AG
Solvay S.A.
CF Industries Holdings
Ma’aden-Saudi Arabian Mining Company
OCP SA
Prayon SA
Yidu Xingfa Chemicals Company Limited
Jordan Phosphate Mines Company
Chemische Fabrik Budenheim KG
Yuntianhua Group Company Limited
Hubei Xingfa Chemicals Group,
Wengfu Group
Vale S.A.
OJSC
EuroChem MCC
Innophos Holdings
Italmatch Chemicals S.p.A.
Yara International ASA
United Phosphorus Limited Potash Corp.
Israel Chemicals (ICL)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ammonium Phosphate market?

What factors are driving Ammonium Phosphate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ammonium Phosphate market opportunities vary by end market size?

How does Ammonium Phosphate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.