Global Phosphate Rock Market Growth 2025-2031

Global Phosphate Rock Market Growth 2025-2031

The global Phosphate Rock market size is predicted to grow from US$ 6378 million in 2025 to US$ 6498 million in 2031; it is expected to grow at a CAGR of 0.3% from 2025 to 2031.

The term phosphate rock (or phosphorite) is used to denote any rock with high phosphorus content. The largest and least expensive source of phosphorus is obtained by mining and concentrating phosphate rock from the numerous phosphate deposits of the world.

Global Phosphate Rock key players include OCP Group, The Mosaic Company, Yunnan Phosphate Group, PhosAgro, etc. Global top four manufacturers hold a share about 25%.

China is the largest market, with a share over 50%, followed by USA, and Morocco and Western Sahara, both have a share about 20 percent.

In terms of product, Marine Phosphate Deposits is the largest segment, with a share over 80%. And in terms of application, the largest application is Fertilizer, followed by Animal Nutrition, Detergent, etc.

LP Information, Inc. (LPI) ' newest research report, the “Phosphate Rock Industry Forecast” looks at past sales and reviews total world Phosphate Rock sales in 2024, providing a comprehensive analysis by region and market sector of projected Phosphate Rock sales for 2025 through 2031. With Phosphate Rock sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phosphate Rock industry.

This Insight Report provides a comprehensive analysis of the global Phosphate Rock 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 Phosphate Rock portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Phosphate Rock market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phosphate Rock 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 Phosphate Rock.

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

Segmentation by Type:
Marine Phosphate Deposits
Igneous Phosphate Deposits
Others

Segmentation by Application:
Fertilizer
Animal Nutrition
Detergent
Others

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 analysing the company's coverage, product portfolio, its market penetration.
OCP Group
Yunnan Phosphate Group
The Mosaic Company
Hubei Xingfa Chemicals
Kailin Group
Wengfu Group
PhosAgro
Nutrien
Jordan Phosphate Mines
Vales
El Nasr Mining Company
ICL Fertilizers
Ma'aden
J.R. Simplot Company
Copebrás(CMOC)
Groupe Chimique Tunisien
GECOPHAM

Key Questions Addressed in this Report

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

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

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

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

How does Phosphate Rock break out by Type, by Application?

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