Phosphorus is an essential macronutrient required for optimum crop production with respect to fertilizer use. Phosphorus is obtained from bone meal, fertilizer, and rock superphosphate. Rock phosphate is the raw material used to manufacture most commercial phosphate fertilizers in the market.
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Rapid growth in population necessitates higher food production. This is motivating farmers to utilize optimum quality fertilizers to procurehigher yields. The key phosphatic fertilizers are diammonium phosphate (DAP), monoammonium phosphate (MAP), and superphosphates. The consumption of DAP and superphosphate fertilizers is comparatively higher among phosphatic fertilizers to the extent of 30% and 38%, respectively. Geographically, the Asia-Pacific region has the highest demand for phosphatic fertilizers, which accounted for a share of 63.09% in 2012. After Asia-Pacific, the Latin American regions have great potential for future growth of the phosphatic fertilizers market.
This report provides a comprehensive review of major phosphatic fertilizers consumed across regions. A detailed analysis of the competitive landscape of key market players with their developments, mergers, acquisitions, expansions, and new product developments are furnished in the report. Quantitative data with regards to all the segmentations mentioned above is given in terms of both-revenue and volume. Furthermore, the different key market players within the phosphatic fertilizers market have been profiled in this report. It also includes details such as company overview, financial details, products, strategy, and recent developments.
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