North America Phosphoric Acid Market Size, Share & Industry Trends Analysis Report By Source Type (Wet Process, and Thermal Process), By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Phosphoric Acid Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 4,788.2 Kilo Tonnes, showcasing a growth of 4.5% (2019-2022).

The adoption of phosphoric acid spans across industries and regions, driven by its indispensable role in various applications. Agriculture remains a primary driver of phosphoric acid demand, as it is instrumental in addressing the global need for increased food production. The adoption of intensive farming practices and the necessity to replenish nutrient-depleted soils have led to a continuous demand for phosphate fertilizers.

Furthermore, the popularity of carbonated soft drinks and processed foods sustains the demand for phosphoric acid in the food and beverage sector. Consumer preferences for these products ensure a steady adoption rate. Phosphoric acid's versatility in industrial processes, from metal surface treatment to semiconductor manufacturing, has established it as a valuable chemical agent. Industries recognize its importance in ensuring the efficiency and quality of their operations. The importance of clean and potable water is a universal concern. Phosphoric acid's role in water treatment, reducing scale and corrosion, has led to its widespread adoption in municipal and industrial applications.

Moreover, Canada's vast landmass and diverse climate zones allow for various agricultural activities. The country produces a variety of crops, including grains, oilseeds, pulses, fruits, vegetables, and specialty crops. The primary agricultural regions in Canada include the Prairie provinces (Manitoba, Saskatchewan, and Alberta), which are known for grain and oilseed production, and the provinces of Ontario and Quebec, which have a strong presence in dairy, poultry, and horticulture.

In addition, as one of the world's top exporters of food, Canada's agriculture sector strongly depends on its capacity to trade with other nations. The Canadian government estimated that in 2022, Canada exported agricultural and food goods worth $92.8 billion. In 2022, there were 189,874 farms with farms covering 62.2 million hectares or 6.2% of Canada's land area. Consolidation and technological advances have almost doubled the average farm size over the last 50 years. Due to these factors, the demand for phosphoric acid will increase in North America.

The US market dominated the North America Phosphoric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,796.6 million by 2030. The Mexico market is exhibiting a CAGR of 5.7% during (2023 - 2030). Additionally, The Canada market would experience a CAGR of 5.5% during (2023 - 2030).

Based on Source Type, the market is segmented into Wet Process, and Thermal Process. Based on Application, the market is segmented into Fertilizers, Feed & Food Additives, Water Treatment Chemicals, Detergents, Metal Treatment, Industrial Use, and Others. Based on countries, the market is segmented into U.S., Canada, Mexico, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Mosaic Company, PJSC "PhosAgro", Nutrien Limited, IFFCO, EuroChem Group AG (AIM Capital Ltd.), OCP SA, ICL Group Ltd. (Israel Corp.), Yara International ASA, Innophos Holdings, Inc. (One Rock Capital Partners, LLC), and Gujarat State Fertilizers & Chemicals Limited.

Scope of the Study

Market Segments covered in the Report:

By Source Type (Volume, Kilo Tonnes, USD Million, 2019-2030)

Wet Process
Thermal Process

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

Fertilizers
Feed & Food Additives
Water Treatment Chemicals
Detergents
Metal Treatment
Industrial Use
Others

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

US
Mexico
Canada
Rest of North America

Companies Profiled

The Mosaic Company
PJSC "PhosAgro"
Nutrien Limited
IFFCO
EuroChem Group AG (AIM Capital Ltd.)
OCP SA
ICL Group Ltd. (Israel Corp.)
Yara International ASA
Innophos Holdings, Inc. (One Rock Capital Partners, LLC)
Gujarat State Fertilizers & Chemicals Limited

Unique Offerings from KBV Research

Exhaustive coverage
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Phosphoric Acid Market, by Source Type
- 1.4.2 North America Phosphoric Acid Market, by Application
- 1.4.3 North America Phosphoric Acid Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Forces Analysis

Chapter 4. North America Phosphoric Acid Market by Source Type

4.1 North America Wet Process Market by Country
4.2 North America Thermal Process Market by Country

Chapter 5. North America Phosphoric Acid Market by Application

5.1 North America Fertilizers Market by Country
5.2 North America Feed & Food Additives Market by Country
5.3 North America Water Treatment Chemicals Market by Country
5.4 North America Detergents Market by Country
5.5 North America Metal Treatment Market by Country
5.6 North America Industrial Use Market by Country
5.7 North America Others Market by Country

Chapter 6. North America Phosphoric Acid Market by Country

6.1 US Phosphoric Acid Market
- 6.1.1 US Phosphoric Acid Market by Source Type
- 6.1.2 US Phosphoric Acid Market by Application
6.2 Mexico Phosphoric Acid Market
- 6.2.1 Mexico Phosphoric Acid Market by Source Type
- 6.2.2 Mexico Phosphoric Acid Market by Application
6.3 Canada Phosphoric Acid Market
- 6.3.1 Canada Phosphoric Acid Market by Source Type
- 6.3.2 Canada Phosphoric Acid Market by Application
6.4 Rest of North America Phosphoric Acid Market
- 6.4.1 Rest of North America Phosphoric Acid Market by Source Type
- 6.4.2 Rest of North America Phosphoric Acid Market by Application

Chapter 7. Company Profiles

7.1 PJSC "PhosAgro"
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
7.2 IFFCO (Cooperative Societies of India)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
7.3 EuroChem Group AG (AIM Capital Ltd.)
- 7.3.1 Company Overview
- 7.3.2 Recent strategies and developments:
  - 7.3.2.1 Acquisition and Mergers:
- 7.3.3 SWOT Analysis
7.4 OCP SA
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Recent strategies and developments:
  - 7.4.4.1 Acquisition and Mergers:
- 7.4.5 SWOT Analysis
7.5 ICL Group Ltd. (Israel Corp.)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
7.6 Innophos Holdings, Inc. (One Rock Capital Partners, LLC)
- 7.6.1 Company Overview
7.7 Gujarat State Fertilizers & Chemicals Limited
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
7.8 Yara International ASA
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expenses
7.9 The Mosaic Company
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Recent strategies and developments:
  - 7.9.4.1 Partnerships, Collaborations, and Agreements:
- 7.9.5 SWOT Analysis
7.10. Nutrien Limited
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 2 North America Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 3 North America Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 6 North America Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 7 North America Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Wet Process Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Wet Process Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Wet Process Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Wet Process Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Thermal Process Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Thermal Process Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Thermal Process Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Thermal Process Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 18 North America Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 19 North America Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Fertilizers Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Fertilizers Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Fertilizers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Fertilizers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Feed & Food Additives Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Feed & Food Additives Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Feed & Food Additives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Feed & Food Additives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Water Treatment Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Water Treatment Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Water Treatment Chemicals Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Water Treatment Chemicals Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Detergents Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Detergents Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Detergents Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Detergents Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Metal Treatment Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Metal Treatment Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Metal Treatment Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Metal Treatment Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Industrial Use Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Industrial Use Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Industrial Use Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Industrial Use Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Phosphoric Acid Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Phosphoric Acid Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Phosphoric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Phosphoric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 US Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 54 US Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 55 US Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 56 US Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 57 US Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 58 US Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 59 US Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 60 US Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 61 US Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 62 US Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 63 US Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64 US Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65 Mexico Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 66 Mexico Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 67 Mexico Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Mexico Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Mexico Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 70 Mexico Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 71 Mexico Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 72 Mexico Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 73 Mexico Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 74 Mexico Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 75 Mexico Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Mexico Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Canada Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 78 Canada Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 79 Canada Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Canada Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Canada Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 82 Canada Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 83 Canada Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 84 Canada Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 85 Canada Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 86 Canada Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 87 Canada Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Canada Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Rest of North America Phosphoric Acid Market, 2019 - 2022, USD Million
TABLE 90 Rest of North America Phosphoric Acid Market, 2023 - 2030, USD Million
TABLE 91 Rest of North America Phosphoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of North America Phosphoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of North America Phosphoric Acid Market by Source Type, 2019 - 2022, USD Million
TABLE 94 Rest of North America Phosphoric Acid Market by Source Type, 2023 - 2030, USD Million
TABLE 95 Rest of North America Phosphoric Acid Market by Source Type, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of North America Phosphoric Acid Market by Source Type, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Phosphoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 98 Rest of North America Phosphoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 99 Rest of North America Phosphoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Phosphoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Key Information - PJSC "PhosAgro"
TABLE 102 Key Information - IFFCO
TABLE 103 Key Information - EuroChem Group AG
TABLE 104 Key Information - OCP SA
TABLE 105 Key Information - ICL Group Ltd.
TABLE 106 Key Information - Innophos Holdings, Inc.
TABLE 107 Key Information - Gujarat State Fertilizers & Chemicals Limited
TABLE 108 Key Information - Yara International ASA
TABLE 109 Key Information - The Mosaic Company
TABLE 110 Key Information - Nutrien Limited

North America Phosphoric Acid Market Size, Share & Industry Trends Analysis Report By Source Type (Wet Process, and Thermal Process), By Application, By Country and Growth Forecast, 2023 - 2030