DUBLIN--(BUSINESS WIRE)--The "Global Monoammonium Phosphate Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The monoammonium phosphate market will register a CAGR of over 2% by 2023.
The growth in fertilizer industry will drive the growth of the monoammonium phosphate market
Monoammonium phosphate enriches the soil with phosphorous and nitrogen and increases yield. Factors such as high alkaline nature of monoammonium phosphate, its pH regulation capacity, and its ability to create acidic soil composition make it suitable for fertilizer applications. It is expected to increase capacity constraints on food production.
Growing demand from APAC
The global monoammonium phosphate market is witnessing the growing demand from APAC. Factors such as increasing population and rising per capita income in APAC will drive the demand for food and agricultural products. Owing to availability of arable lands, the efficient supply of raw materials have prompted vendors to shift their manufacturing base to China.
Increase in demand for organic fertilizers
The increased demand for organic fertilizers to increase nutrient uptake in crops, including cereals, pulses, and fruits and vegetables, can adversely affect the growth of the global monoammonium phosphate market. Organic food have attracted consumers owing to their health benefits and environmental sustainability.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies. Factors such as the growing demand from APAC and growth in fertilizer industry, will provide considerable growth opportunities monoammonium phosphate manufactures.
Key Players
- EuroChem Group AG
- Ma'aden
- OCP SA
- PhosAgro
- The Mosaic Company
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Comparison by application
- Fertilizers - Market size and forecast 2018-2023
- Flame retardants - Market size and forecast 2018-2023
- Food and beverages - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Adoption of precision farming
- Investments to increase production capacity
- Increasing preference for backward integration among vendors
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- EuroChem Group AG
- Ma'aden
- OCP SA
- PhosAgro
- The Mosaic Company
For more information about this report visit https://www.researchandmarkets.com/r/o2naxg