The phosphatic fertilizers market has evolved into a major agricultural input to improve crop phosphate deficiencies. Phosphorus deficiencies can be corrected by using phosphatic fertilizers (P2O5). Some of the various advantages of using phosphatic fertilizers are that they optimize plant health, play a decisive role in photosynthesis, and are imperative in processes that are related to the restoration of energy.

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Phosphorus is an essential macronutrient required for optimum crop production, with respect to the use of fertilizers. Phosphorus is obtained from bone meal, fertilizers, and rock superphosphate, while rock phosphate is the raw material used to manufacture most of the commercial phosphate fertilizers.

The phosphatic fertilizers market is segmented on the basis of type and applications. On the basis of type, it is classified as diammonium phosphate, monoammonium phosphate, and superphosphate. The superphosphate fertilizers segment is the most widely used phosphatic fertilizer in the Asia phosphatic fertilizers market.

The Asia phosphatic fertilizers market was dominated by China, which held a market share of 46.7% in 2013. The increasing growth of the agrarian sector has strengthened the utilization of phosphatic fertilizers to improve the efficiency of the land to fulfill the rising agricultural demand.

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