Global Phosphate Fertilizers Industry

Global Phosphate Fertilizers Industry

  • April 2021 •
  • 277 pages •
  • Report ID: 6032502 •
  • Format: PDF
Abstract:
- Global Phosphate Fertilizers Market to Reach $80 Billion by 2027
- Amid the COVID-19 crisis, the global market for Phosphate Fertilizers estimated at US$63.9 Billion in the year 2020, is projected to reach a revised size of US$80 Billion by 2027, growing at a CAGR of 3.3% over the analysis period 2020-2027. Diammonium Phosphate, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$31.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Monoammonium Phosphate segment is readjusted to a revised 2.8% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $17.3 Billion, While China is Forecast to Grow at 5.2% CAGR
- The Phosphate Fertilizers market in the U.S. is estimated at US$17.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$15.6 Billion by the year 2027 trailing a CAGR of 5.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.
- Superphosphate Segment to Record 3.9% CAGR
- In the global Superphosphate segment, USA, Canada, Japan, China and Europe will drive the 3.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$10.6 Billion in the year 2020 will reach a projected size of US$13.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$10.3 Billion by the year 2027, while Latin America will expand at a 4.1% CAGR through the analysis period.

- Select Competitors (Total 37 Featured) -
  • Agrium Inc.
  • California Organic Fertilizers Inc.
  • CF Industries Holdings Inc.
  • Chuanxi Xingda Chemical Plant
  • Coromandel International Ltd.
  • Euro chem
  • Israel Chemicals Limited
  • JESA
  • Minera formas
  • MIRA Organics and Chemicals Pvt. Ltd.
  • Office Cherifien Des Phosphates
  • Perfect Blend LLC
  • Phosagro
  • Plasticizers and allied Chemicals
  • Potash Corp of Saskatchewan Inc.
  • Qatar fertilizer
  • Sichuan Blue Sword Chemicals Co., Ltd.
  • Sulux Phosphate Ltd.
  • The Kugler Company
  • The Mosaic Co.
  • Yara International ASA
  • Yunnan Yuntianhua International Chemical Co., Ltd.