PUBLISHER: The Business Research Company | PRODUCT CODE: 1751074
PUBLISHER: The Business Research Company | PRODUCT CODE: 1751074
Phosphorus ore is a naturally occurring mineral deposit containing phosphorus in concentrations suitable for economical extraction. The most common form is phosphate rock, primarily composed of phosphate-bearing minerals. Phosphorus ores are predominantly used in the production of fertilizers, animal feed supplements, and various industrial chemicals.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main types of phosphorus ore include carbonate fluorapatite, fluorapatite, chlorapatite, hydroxyapatite, and carbonate apatite. Carbonate fluorapatite is a type of phosphate mineral in which carbonate ions partially replace phosphate ions, commonly found in sedimentary rocks and essential in fertilizer manufacturing. These ores are processed using methods such as crushing, grinding, flotation, and other techniques for use in multiple applications, including fertilizers, animal feed, industrial chemicals, food additives, and more.
The phosphorus ore market research report is one of a series of new reports from The Business Research Company that provides phosphorus ore market statistics, including the phosphorus ore industry global market size, regional shares, competitors with the phosphorus ore market share, detailed phosphorus ore market segments, market trends, and opportunities, and any further data you may need to thrive in the phosphorus ore industry. This phosphorus ore market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The phosphorus ore market size has grown strongly in recent years. It will grow from$16.44 billion in 2024 to $17.33 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth during the historic period can be attributed to the rising demand for phosphate fertilizers, the expansion of agriculture and food production, increased phosphate mining activities, supportive government policies including fertilizer subsidies, and the growing use of phosphorus in animal feed.
The phosphorus ore market size is expected to see strong growth in the next few years. It will grow to$21.34 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth during the forecast period can be attributed to the increasing demand for sustainable fertilizers, a rising global population driving food security concerns, the expanding use of phosphorus in various industrial applications, and a growing emphasis on the circular economy and phosphorus recycling. Key trends expected in this period include improved extraction techniques, advanced processing technologies, sustainable mining practices, precision fertilizer formulation, innovative nutrient recovery methods, automation of production processes, and strengthened environmental compliance.
The growth of the phosphorus ore market is being driven by the expansion of agricultural activities. These activities include crop cultivation, animal breeding, and the harvesting of resources for food, fiber, and various other products. The rise in agricultural activity is largely attributed to the increasing global food demand, spurred by population growth. Phosphorus ore is a key raw material for phosphate fertilizers, which are vital for improving soil fertility and enhancing crop yield. For example, in December 2024, the Food and Agriculture Organization (FAO), a non-profit organization based in Italy, reported that global primary crop production reached 9.9 billion tons in 2023, marking a 3% increase from 2022. Consequently, the expansion of agricultural operations is contributing to the growth of the phosphorus ore market.
Key players in the phosphorus ore industry are concentrating on the development of new products such as low-dust phosphate rock to boost fertilizer performance. Low-dust phosphate rock refers to a type of phosphate ore that either occurs naturally or is processed to release minimal dust during storage, handling, and transport. This innovation reduces product loss, enhances worker safety, and decreases environmental impact. For instance, in February 2025, Misr Phosphate, a mining company based in Egypt, launched low-dust phosphate rock. The company invested in a de-dusting unit at its Abu Tartour mine, which cuts down dust levels by approximately 80% and raises P2O5 content by 1.0-1.5%. As of February 2025, Misr Phosphate had already shipped 15,000 tons of the new product to Southern Europe, with more deliveries scheduled for Brazil and Spain. The facility is currently processing 1,000 tons daily, with plans to scale up to 2,000 tons per day by the second quarter of 2025.
In January 2023, OCP Group, a Morocco-based producer of phosphate rock, formed a partnership with the Indian agricultural sector to bolster food security and encourage sustainable farming practices. The collaboration includes joint efforts in research and development, the introduction of innovative fertilization methods, and the production of custom fertilizers tailored to meet the specific needs of Indian farmers. The Indian agricultural sector represents the country's fertilizer industry.
Major players in the phosphorus ore market are Nutrien Ltd., CF Industries Holdings Inc., PhosAgro, Hubei Xingfa Chemicals Group Co. Ltd., Yuntianhua Group Co. Ltd., Hubei Yihua Chemical Co. Ltd., The Jordan Phosphate Mines Company (JPMC), Guizhou Chanhen Chemical Corporation, Anhui Sierte Fertilizer Industry Co. Ltd., OCP Group, Surya Min Chem Private Limited, J.R. Simplot Company, First Phosphate Corp., The XRF Company, Ratnadeep Chemicals, AB'S Industries, Oracle Chemicals Pvt. Ltd., Ma'aden, Misr Phosphate Company, Central & Western (India) Chemicals.
Asia-Pacific was the largest region in the phosphorus ore market in 2024. The regions covered in phosphorus ore report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the phosphorus ore market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The phosphorus ore market consists of sales of phosphoric acid, phosphate fertilizers, and food-grade phosphates and biogenic phosphate rock. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Phosphorus Ore Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on phosphorus ore market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for phosphorus ore ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The phosphorus ore market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.