Global Phosphatic Fertilizers Market is accounted for $66.94 billion in 2020 and is expected to reach $105.09 billion by 2028 growing at a CAGR of 5.8% during the forecast period. Increasing demand for food due to the rising global population and growing meat consumption fuels the demand for fertilizers are driving the market growth.
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By geography, Asia Pacific is going to have high growth during the forecast period owing to the rising population across the globe is boosting the demand for diversified food, growing adoption of phosphate fertilizers in agricultural applications, rising awareness, and adoption of crop nutrition products by farmers within the region to produce quality crops.
Some of the key players profiled in the Phosphatic Fertilizers Market include Yara International ASA, Potash Corp. of Saskatchewan, Coromandel International Ltd., OCP, Mosaic, ICL , Eurochem, CF Industries Holdings Inc., Agrium Inc. and Phosagro.
Solubility’s Covered in Phosphatic Fertilizers Market
• Citric Acid Soluble
• Water Soluble
• Water & Citric Acid Insoluble
Types Covered:
• Diammonium Phosphate (DAP)
• Monoammonium Phosphate (MAP)
• Superphosphate
• Calcium Phosphate
• Rock Phosphate
Crop Types Covered:
• Pulses & Oil Seeds
• Fruit & Vegetable
• Cereals & Grains
Distribution Channels Covered:
• Offline
• Online
Forms Covered:
• Solution
• Powder
• Granular
Sources Covered:
• Import
• Domestic
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