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Phosphoric Acid Market Size & Share, by Process Type (Wet, Thermal); Application (Fertilizers, Feed & Food Additives, Detergents, Water Treatment Chemicals, Metal Treatment, Industrial Use) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4918
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Companies Dominating the Phosphoric Acid Landscape

top-features-companies
    • Eurochem Group AG,
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • The Mosaic Company,
    • R. Simplot Company,
    • WengFu Group,
    • Israel Chemicals Ltd,
    • Maaden,
    • Prayon S.A.,
    • OCP Group,
    • Solvay,
    • Yara International,
    • CECA (Arkema Group)
Browse Key Market Insights with Data Illustration:

In the News

  • With a view to financing the planned expansion of the Paradeep Phosphates plant in Goa, it has increased its capital by about INR 1,255 billion. The company's production capacity will increase to a combined 2.22 million tons per annum for fertilizers like Di-ammonium Phosphate (DAP) and Nitrogen, Phosphorous, Potassium (NPK), and Phosphoric acid.
  • EuroChem Group has signed an agreement to purchase the Serra do Salitre phosphates project based in Minas Gerais of Brazil from Norway's Yara. In 2023, the project is designed to bring into operation a 1 million tonnes per annum phosphate plant producing MAP NP as well as SSP and TSP.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 4918
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for phosphate fertilizers and new product launches in the field are the major factors driving the market growth.

The market size of phosphoric acid is anticipated to attain a CAGR of 7.10% over the forecast period, i.e., 2023-2035.

The major players in the market are Eurochem Group AG, The Mosaic Company, R. Simplot Company, WengFu Group, Israel Chemicals Ltd, Maaden, Prayon S.A., OCP Group, Solvay, Yara International, CECA (Arkema Group)

Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Eurochem Group AG, The Mosaic Company, R. Simplot Company, WengFu Group, Israel Chemicals Ltd, Maaden, Prayon S.A., OCP Group, Solvay, Yara International, CECA (Arkema Group)

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity, and the new products being launched into the market by the company.

The market is segmented by process type, application, and by region.

The fertilizers segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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