PPT for Industrial Phosphate Market, 2017 - 2024

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Industrial Phosphate Market(2017-2024)
Competitive Market Share Forecast
Global industrial phosphate market share is
consolidated with prominent players such as The
Mosiac Company, Israel Chemicals, Aditya Birla
Chemicals, PhosAgro, EuroChem, OCP Group, Timab
Industries, Fosfitalia and Potash Corp.
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Global Market Scenario of Industrial Phosphate

• Industrial Phosphate Market size may grow
  exponentially over the projected period. Strong
  application scope in food, fertilizers, personal
  hygiene, detergents and construction sectors will
  drive industry growth.
• Global detergent consumption may witness gains at
  over 5 up to 2024.
• Different consumer habits in various regions and
  rising disposable income and increasing
  population has led to rise in demand from
  hospitality, clothing and laundry services
  driving detergent industry growth.
• Industrial phosphate is extensively used for
  cleaning in various end-use industries like
  paint, chemical, automobile, paper and textile
  which should have positive influence on product
  market size.
• Global fertilizer consumption was estimated to be
  over 185 million tons in 2016 and may surpass 225
  million tons by 2024.
• Industrial phosphate fertilizers may witness
  steady growth over the foreseeable timeframe due
  to high potash content which are favorable for
  crop yield along with expanding phosphoric acid
  production capacities in China, Morocco and Saudi
  Arabia will drive the industry growth.

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• Product Analysis-
• Industrial phosphate find application in various
  food products including bakery, seafood, dairy
  and poultry products. Rising consumer health
  consciousness along with changing dietary
  patterns has led to increase in food grade
  phosphorus consumption, thereby driving industry
  growth. Increasing application scope in seafood
  products owing to retaining moisture flavor,
  lipid oxidation prevention and extending shelf
  life may propel industrial phosphate demand.
  Favorable government regulations by FDA and USDA
  regarding product usage in food industry should
  fuel product demand.
• Regional Trends-
• Asia Pacific, led by India, Japan, South Korea,
  and China industrial phosphate market size may
  witness strong gains owing to rise in per-capita
  disposable income resulting in ready-to-use
  baking mixes, seafood products, packaged meat and
  convenience food and beverages products demand
  should stimulate regional industry growth.
  Increase in detergent consumption on account of
  hospitality, laundry services and textile
  industry may fuel product demand in the region.
• Europe, driven by UK, France, Italy and Germany
  industrial phosphate market size may register
  significant gains owing to lithium ion-phosphate
  (LFP) batteries production which are used in
  electrical devices and vehicle industries is
  likely to stimulate regional industry growth.
  Potassium and calcium phosphates has wide usage
  in European food and beverage market driving
  industry growth.

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• Competitive Trends
• Global industrial phosphate market share is
  consolidated with prominent players such as The
  Mosiac Company, Israel Chemicals, Aditya Birla
  Chemicals, PhosAgro, EuroChem, OCP Group, Timab
  Industries, Fosfitalia and Potash Corp.

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