PUBLISHER: Grand View Research | PRODUCT CODE: 1842175
PUBLISHER: Grand View Research | PRODUCT CODE: 1842175
The Middle East phosphoric acid market size was estimated at USD 4,188.5 million in 2024 and is projected to reach USD 6,425.8 million by 2033, growing at a CAGR of 4.9% from 2025 to 2033. The market is driven by the increasing demand for phosphate-based fertilizers, particularly DAP, MAP, and TSP, as Middle Eastern nations focus on enhancing agricultural productivity and ensuring food security.
Large-scale investments in integrated phosphate mining and processing facilities in countries such as Saudi Arabia and Jordan further strengthen supply security and reduce reliance on imports. Additionally, the rising adoption of precision agriculture and specialty fertilizers in high-value crops is fueling the demand for water-soluble and specialty phosphates.Significant opportunities lie in expanding domestic production capacities to achieve import substitution and enhance export potential, particularly in Saudi Arabia, Jordan, and Israel. The growing demand for specialty phosphates, including food-grade and water-soluble fertilizers for precision farming, presents a lucrative growth avenue. Additionally, advancements in circular economy practices, such as phosphogypsum valorization and low-emission production technologies, can create new revenue streams while meeting sustainability targets.
The market faces challenges from feedstock price volatility, especially in phosphate rock and sulfur, which directly influence production costs and pricing stability. Environmental concerns related to phosphogypsum waste management and regulatory pressures on industrial emissions also pose significant operational risks. Furthermore, geopolitical tensions, fluctuating fertilizer subsidies, and trade restrictions can disrupt regional supply chains and hinder cross-border trade of phosphoric acid and its derivatives.
Middle East Phosphoric Acid Market Report Segmentation
This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. For this study, Grand View Research has segmented the Middle East phosphoric acid market report based on application, and country.