Market Research Report
Global Phosphate Fertilizers Market 2019-2023
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||762830|
|Published||Content info||112 Pages
Delivery time: 1-2 business days
|Global Phosphate Fertilizers Market 2019-2023|
|Published: December 7, 2018||Content info: 112 Pages||
Extensive product launches, acquisitions, and partnerships to drive market growth. Prominent market vendors are actively involved in innovation to identify new application areas and to improve performance of phosphate fertilizers. Technavio's analysts have predicted that the phosphate fertilizers market will register a CAGR of almost 3% by 2023.
The ever-rising population has led to food security concerns and agricultural development. The increasing food shortage has resulted in heavy dependence on phosphate fertilizers globally.
Even though phosphate fertilizers such as diammonium phosphate, monoammonium phosphate, and superphosphates are extensively used to enhance yield production, they adversely affect the environment and soil fertility.
For the detailed list of factors that will drive and challenge the growth of the phosphate fertilizers market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including PhosAgro and The Mosaic Company the competitive environment is quite intense. Factors such as the ever-rising demand for food and the extensive product launches, acquisitions, and partnerships, will provide considerable growth opportunities to phosphate fertilizers manufactures. Coromandel international, ICL, Maaden, OCP, PhosAgro, and The Mosaic Company are some of the major companies covered in this report.