PPT for Phosphate Fertilizers Market: Global Market Insights, Inc.

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Phosphate Fertilizers Market 2016 2023
Phosphate Fertilizers Market Size, Industry
Analysis Report, Regional Outlook, Application
Development Potential, Price Trend, Competitive
Market Share Forecast, 2016 2023
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Global Market Scenario of Phosphate Fertilizers

• Global phosphate fertilizers market size was
  estimated at over 42 million tons in 2015 and is
  likely to exceed 51 million tons by 2023, growing
  at a CAGR of more than 2.1.
• The market was valued at over USD 55 billion in
  2014 and is anticipated to register more than USD
  70 billion by 2023, with estimated gains of more
  than 3.
• Approximately, 65 of the worlds resources are
  outsourced from marine and sedimentary rock
  deposits, and around 90 is used for food
  production.
• The key fertilizers include DAP, MAP and
  superphosphates. Increasing food consumption
  coupled with rising population, particularly in
  Asia Pacific has encouraged farmers to use these
  fertilizers.

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• The major challenge is the scarcity and non
  renewability of this resource coupled with
  government imposed regulations, which may affect
  market. Phosphate fertilizers market price trend
  is expected to fluctuate owing to scarcity of raw
  materials.
• In terms of production, Morocco owns the vast
  reserves in the world and it is expected to cover
  more than 75 of the total demand. Brazil has
  increased their phosphoric production capacity.
  Africa was the major exporter in 2014. West Asia
  has witnessed small surplus on account of
  exports.
• Growth in poultry industry as well as pork
  business owing increasing meat consumption and
  awareness of nutritional food to cattle is likely
  to drive phosphate fertilizers market size over
  the forecast period Adoption of modern farming
  which is majorly dependent on these products is
  also one of the reason anticipated to drive
  demand.

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360 Analysis

• Application Analysis
• Its application include in agriculture sector
  such as plant maturation and crop development.
  Presence of vast application has made the
  phosphate fertilizer market demand relatively
  stable.
• Regional Analysis
• Asia Pacific phosphate fertilizer market size was
  dominant and accounted for more than 55 total
  demand in 2015. China was major producer and is
  anticipated to add production capacities over the
  forecast period owing to rise in crop demand.
  North America accounted for over 25 in 2015.
  Latin America is likely to grow at significant
  rate over the forecast period.
• Competitive Market Share
• The global phosphate fertilizers market share is
  fragmented and companies compete on the basis
  services provided to the clients. Key
  participants in market include Agrium, Coromandel
  International, Eurochem, Mosaic, OCP, ICL, Yara
  International, and CF Industries Holdings, Potash
  Corp. of Saskatchewan, and Phosagro.

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