Phosphorus & Derivatives Market Size Forecast to reach $69.2 billion by 2026

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Phosphorus Derivatives MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• Phosphorus Derivatives market size is forecast
  to reach US69.2 billion by 2026, after growing
  at a CAGR of 3.1 during 2021-2026.
• The industry's rapid expansion is owing to rising
  demand from industries such as fertilizers,
  detergents, the food sector, water treatment
  chemicals, metal finishing, and halogen-free
  flame retardants.
• Furthermore, the global market is also growing
  due to a decrease in arable land and an increase
  in demand for essential nutrients for body
  function

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• Key Takeaways
• Asia-Pacific dominates the phosphorus
  derivatives market in 2020, owing to the
  increasing electrical electronics industry in
  the region, which is accelerating the demand for
  halogen free flame retardants. According to
  Invest India, the domestic electronics market in
  India to attain US400 billion by 2025.
• Phosphorus is required for the development of
  plants. It is ideal for application in the
  initial stages of crop growth as phosphorus is
  very important for the development of a proper
  root system, which is also driving the market
  growth.

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By Distribution Channel- Segment Analysis The
ammonium phosphate segment held the largest share
of more than 25 in the phosphorus derivatives
market in 2020 and is growing at a CAGR of 3.5
during 2021-2026. Ammonium phosphate is used in
many different areas. One of these is its
incorporation in many commercially baked
products. In addition, it has been instituted as
an effective fertilizer, with good water
solubility and rapid dissolving abilities. It is
a crucial mineral for the healthy and sustained
growth of plants.
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• Phosphorus and Derivatives Market Industry
  Outlook 
• CP S.A.,
• Agrium Inc.,
• BASF SE,
• Mosaic Co,
• Eurochem,
• Yara International ASA,
• Innophos Holdings Inc.,
• Akron OAO,
• CF Industries Holdings, Inc

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Phosphorus and Derivatives Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/117
36/phosphorus-derivatives-market.html
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• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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