The global Phosphoric Fertilizers Market is expected to reach USD 91.40 Billion by 2028 at a CAGR of 5.4%, according to a new report by Reports and Data. Phosphorous plays a major role in enhancing the development of roots and shoots and increasing the resistance of plants against drought-like weather situations. Modern farming is extensively dependent on phosphoric fertilizers to grow crops with adequate nutrients and increased yields. This is the primary factor propelling the market growth and is estimated to add to a significant expansion of the market over the projected years.
Phosphoric fertilizers radically enhance the crops’ quality and quantity, which has become imperative in order to cater to the escalating global requirement of food and food products. The fertilizers are predominantly applied to reduce the phosphorous inadequacy in the soil and maintain the amount of essential nutrients in the soil. Farmers are now combining the fertilizers and slow & controlled release technology to boost the efficiency of the farm while simultaneously reducing the loss of fertilizers during the process. This is predicted to significantly bolster the industry expansion in the estimated years.
Phosphorous pollution in the soil is a major concern related to the use of these phosphoric fertilizers and can potentially restrain market growth in the future. Phosphorous pollution affects a significant portion of the land and also has a significant side effect on the aqueous ecosystem. The escalating issues regarding the off-target impacts of phosphoric fertilizers on the environment and human population are projected to be major restraining factors of the market growth.
Request a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3837
Key Highlights from the Report:
Buy Now: https://www.reportsanddata.com/checkout-form/3864
For the purpose of this study, Reports and Data has segmented the global Phosphoric Fertilizer Market based on Crop Type, Type, and Region:
Crop Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
CerealsFruits & VegetablesPulses and Oil SeedsOthers
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
Diammonium PhosphateMonoammonium PhosphateSingle SuperphosphateTriple SuperphosphateOthers
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
North AmericaU.S.CanadaMexicoEuropeGermanyU.K.ItalyFranceBENELUXRest of EuropeAsia PacificChinaJapanSouth KoreaIndiaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaU.A.E.South AfricaRest of MEA
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/phosphoric-fertilizers-market
Table Of Content:
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope & assumptions
1.3 List of data sources
Chapter 2 Executive Summary
Chapter 3 Global Phosphoric Fertilizers Market Variables, Trends, and Scope
3.1 Market segmentation and scope
3.2 Penetration and growth prospect mapping
3.3 Value chain analysis
3.4 Raw Material Analysis
3.4.1 Rock Phosphoric
3.4.2 Phosphoric acid
3.4.3 Ammonia
3.4.4 Sulphuric acid
3.5 Regulatory framework
3.5.1 Environmental Protection Agency (EPA)
3.5.2 Fertilizers Regulations (Canada)
3.5.3 EU Commission Regulation for Fertilizers
3.5.4 Food and Drug Administration
3.6 Phosphoric fertilizers market dynamics
3.6.1 Market Driver Analysis
3.6.1.1 Limited arable land availability for agriculture
3.6.1.2 Increasing population and food demand
3.6.2 Market restraint analysis
3.6.2.1 Stringent rules & regulations
3.6.2.2 Price Volatility
3.7 Phosphoric fertilizers market- Porter’s analysis
3.8 Phosphoric fertilizers market- PESTEL analysis
Continue…
Browse More Reports:
Nitrogenous Fertilizer Market Size, Share & Trends Analysis Report, By Type, By Crop Type, And Regional Forecast To 2028
About Us: We are a boutique market intelligence and strategic consulting firm dedicated to make an meaningful impact on businesses across the globe. Our stellar estimation and forecasting models have earned recognition across majority of the business forum across the globe. Our services are arrayed over diverse sectors and industries looking to expand in alternative regions and products.
Media ContactCompany Name: Reports and DataContact Person: John WatsonEmail: Send EmailPhone: +1-212-710-1370Address:40 Wall St. 28th floor City: New York CityState: NY 10005Country: United StatesWebsite: https://www.reportsanddata.com/press-release/global-phosphoric-fertilizers-market