Authored By: Sarah
03 Mar 2022

Phosphate Market to Grow by $ 8.68 Billion through 2022-2026

EuroChem Group AG, Innophos Holdings Inc., Israel Chemicals Ltd., Jordan Phosphate Mines Co. PLC, and Nutrien Ltd. are among some of the key vendors discussed in the research report

The Global Phosphate market is projected to grow by $ 8.68 billion, accelerating at a CAGR of 6.12% till 2026 owing to factors such as the growing demand for phosphate fertilizers. Along with potassium and nitrogen, phosphorus is extensively used in agricultural and horticultural applications as it is critical for seed formation and the growth of roots in plants. In addition, the production of ammonium phosphate using green phosphoric acid is another factor supporting the phosphate market share growth. The rising production of green phosphoric acid due to its properties such as high purity and effectiveness is a key trend that is expected to drive market growth.

This research report delineates all the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

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Phosphate Market: Segments and Geographical Regions

This report segments the market Application (Fertiliser, Animal feed supplement, and Others) and Geography (APAC, North America, Europe, South America, and MEA).
44% of the market growth will originate from APAC during the forecast period.
This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report

Phosphate Market: Vendor Analysis

The market is fragmented due to the presence of several players.
The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
EuroChem Group AG, Innophos Holdings Inc., Israel Chemicals Ltd., Jordan Phosphate Mines Co. PLC, Nutrien Ltd., OCP SA, PhosAgro AG, Saudi Arabian Mining Co., Solvay SA, and The Mosaic Co. are some of the major market participants.

Market Segmentation by Application

- Phosphate Market Split by Application
  - Fertiliser
  - Animal feed supplement
  - Others
- Phosphate Market Split by Geography
  - APAC
  - North America
  - Europe
  - South America
  - MEA

Customer landscape

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Competitive scenario
Vendor landscape
Landscape disruption

Vendor Analysis

EuroChem Group AG
Innophos Holdings Inc.
Israel Chemicals Ltd.
Jordan Phosphate Mines Co. PLC
Nutrien Ltd.
OCP SA
PhosAgro AG
Saudi Arabian Mining Co.
Solvay SA
The Mosaic Co.

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Browse through some of other related market research reports for more insights:

Dicalcium Phosphate Market: The dicalcium phosphate market and it is expected to grow by $ 376.95 million, accelerating at a CAGR of almost 5.57% during the forecast period.
Phosphate Fertilizers Market: Global phosphate fertilizers market is likely to post an incremental growth of 4784.94 th tons, accelerating at a CAGR of almost 2% during the forecast period.

The report provides insights into the following FAQs:

What is the market CAGR?
The market will accelerate at a CAGR of 6.12%.
What is the incremental growth of the market?
The market is expected to grow by $ 8.68 bn through 2022-2026.
What is a key factor driving this market?
Growing demand for phosphate fertilizers will drive market growth over the forecast period.
What are the key regions covered in this market research report?
APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
Which is the leading geographic region for this market:
44% growth will originate from APAC
Who are the leading market vendors?
The leading vendors in this market are EuroChem Group AG, Innophos Holdings Inc., Israel Chemicals Ltd., Jordan Phosphate Mines Co. PLC, Nutrien Ltd., OCP SA, PhosAgro AG, Saudi Arabian Mining Co., Solvay SA, and The Mosaic Co.
What are the market segments covered in this report?
The market is segmented by Application (Fertiliser, Animal feed supplement, and Others) and Geography (APAC, North America, Europe, South America, and MEA)

Phosphate Market: Technavio Research Identifies APAC as the Dominant Region

Regional Growth Analysis and Market Trends 2022-2026

The phosphate market is expected to grow by $ 8.68 bn, accelerating at a CAGR of 6.12% during the forecast period. This research report offers an in-depth analysis of the market with respect to different geographical segments. It also provides a detailed analysis of all the trends, drivers and challenges that will impact the market during the coming years. The report also offers a breakdown of all the regional players and their market share along with their product portfolio. This research analysis will provide our clients with the insights necessary to plan their growth strategy.

***For a glimpse into our research analysis and insights: Request for our* *Free Sample Report***

Phosphate Market: APAC to lead market growth during the forecast period

44% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Phosphate Market size.
Growing demand for phosphate fertilizers will be a significant factor in driving the growth of the phosphate market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
Market is segmented by Application (Fertiliser, Animal feed supplement, and Others) and Geography (APAC, North America, Europe, South America, and MEA).