Title: Phosphorus & Derivatives Market Size Forecast to reach $69.2 billion by 2026
1Phosphorus Derivatives Market - Forecast(2022 -
2027)
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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.
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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.
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- Phosphorus Derivatives Market Industry Outlook
- OCP 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 Derivatives Market - Forecast(2022
- 2027) Learn More About the Report _at_
https//www.industryarc.com/Report/11736/phosphoru
s-derivatives-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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