Global Diammonium Phosphate Market Analysis & Outlook 2019-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 8, 2018--The “Global Diammonium Phosphate Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The global diammonium phosphate market is expected to grow at a CAGR of 2.2% during the period 2019-2023.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market
The latest trend gaining momentum in the market is the development in diammonium phosphate production. The development in the diammonium phosphate production is using green phosphate acid. The green phosphate acid owing to its high purity and effectiveness is expected to drive the market growth.
According to the report, one of the major drivers for this market is the increasing demand for food. The increased food crisis and reducing arable land have led to a heavy dependence on phosphate fertilizers.
Further, the report states that one of the major factors hindering the growth of this market is the high competition from organic products. The increasing demand for organic fertilizers products is expected to have negative impact the global diammonium phosphate market.
Key VendorsBallance Agri-Nutrients Coromandel International Maaden - Saudi Arabian Mining Company OCP PhosAgro The Mosaic Company
Market TrendsDevelopments in Diammonium Phosphate Production Rising Demand for Fertilizers in Biofuel Production Capacity Expansions to Accelerate Growth
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Application
7. Customer Landscape
8. Geographic Landscape
9. Decision Framework
10. Drivers and Challenges
11. Market Trends
12. Vendor Landscape
13. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/p9wlt5/global_diammonium?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181108005427/en/
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INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES AGRICULTURE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/08/2018 07:30 AM/DISC: 11/08/2018 07:31 AM