Market Overview:
The global phosphate and compound fertilizer market is expected to grow at a CAGR of 3.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food owing to the growing population, rising income levels, and changing dietary habits. In addition, the increasing adoption of modern agricultural practices such as precision farming is also contributing to the growth of this market. On the basis of type, low concentration phosphate fertilizers are expected to account for a larger share in terms of revenue in 2018 as compared to high concentration phosphate fertilizers. However, high concentration phosphate fertilizers are projected grow at a higher CAGR during the forecast period due their ability improve crop yield by providing more nutrients than low concentration phosphates fertilizers.
Product Definition:
A phosphate is a salt or ester of phosphoric acid. A compound fertilizer is a mixture of two or more elements, one of which is nitrogen, to provide plants with all the essential plant nutrients. Phosphates are important because they are essential plant nutrients that help promote vigorous growth and improve flowering and fruiting.
Low Concentration Phosphate Fertilizer:
Low concentration phosphate fertilizer (LCP) is a source of phosphorous which is essential for all living organisms. It plays an important role in the growth and development of plants as well as in the yield of crops. The global demand for food has been increasing at a rapid rate over the past few decades owing to rising population, which has resulted in increased utilization of agricultural land. This factor is expected to have a positive impact on LCP market growth over the forecast period.
High Concentration Phosphate Fertilizer:
High concentration phosphate fertilizer (HCPF) is a type of fertilizer that contains more than 15% phosphorus by weight. It is majorly used for the cultivation of food crops such as maize, rice, wheat and cotton. HCPF has an advantage over other phosphatic fertilizers in that it provides higher phosphorus content to the plant tissues at a very low dosage rate.
Application Insights:
The vegetables application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for vegetables across various applications, such as fresh produce, fruit pulp and concentrates used in food processing industries. Phosphorous is an essential element for plant growth; it plays a crucial role in cellular processes including cell division, respiration and photosynthesis.
Fruits are one of the highest consumed fruits globally owing to their high nutritional content along with being an excellent source of natural antioxidants which help improve human health when consumed directly from nature or from organic farms without any added chemicals or pesticides.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region has a large number of fertilizer manufacturing companies, which are involved in capacity expansion to cater to rising demand from key agricultural sectors. China is projected to remain a major consumer owing to its large farmlands and rapidly growing agriculture sector.
The European market for phosphate fertilizers was valued at USD X million in 2017 and is anticipated expand at an estimated CAGR of XX% over the forecast period from 2018 to 2030 due primarily by increasing production of leafy green vegetables as well as fruit & vegetable crops such as tomatoes, cucumber, broccoli among others in light of growing population along with rising disposable income levels among consumers especially in Germany Italy France Spain Netherlands Belgium while U.K.
Growth Factors:
- Population growth – The world population is projected to grow from 7.3 billion in 2014 to 9.7 billion by 2050, according to the United Nations Department of Economic and Social Affairs (UNDESA). This will result in an increased demand for food, which is expected to drive the market for phosphate and compound fertilizer products.
- Urbanization – As people move into cities, their diets change and they become more reliant on processed foods that require more fertilizers than traditional farming methods. In addition, as incomes rise around the world, people are able to afford meat and other protein-rich foods that also require more fertilizers than plant-based diets.
- Increased agricultural production – To meet the growing demand for food, it is estimated that global agricultural production must increase by 60% by 2050 [1]. This will create a need for increased use of phosphate and compound fertilizer products in order to boost crop yields.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phosphate and Compound Fertilizer Market Research Report
By Type
Low Concentration Phosphate Fertilizer, High Concentration Phosphate Fertilizer
By Application
Vegetables, Fruiter, Cereal Crop
By Companies
Arkema, EuroChem, PhosAgro, PotashCorp, Solvay, Chengxing, Guizhou Linhua, Tongling, Xinyangfeng, Yuntianhua
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Phosphate and Compound Fertilizer Market Report Segments:
The global Phosphate and Compound Fertilizer market is segmented on the basis of:
Types
Low Concentration Phosphate Fertilizer, High Concentration Phosphate Fertilizer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vegetables, Fruiter, Cereal Crop
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema
- EuroChem
- PhosAgro
- PotashCorp
- Solvay
- Chengxing
- Guizhou Linhua
- Tongling
- Xinyangfeng
- Yuntianhua
Highlights of The Phosphate and Compound Fertilizer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Concentration Phosphate Fertilizer
- High Concentration Phosphate Fertilizer
- By Application:
- Vegetables
- Fruiter
- Cereal Crop
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Phosphate and Compound Fertilizer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Phosphate is a mineral that is found in the earth's crust. It is an essential nutrient for plants and can be used as a fertilizer. Compound fertilizers are made up of multiple nutrients, including phosphate, and are used to help plants grow faster and stronger.
Some of the key players operating in the phosphate and compound fertilizer market are Arkema, EuroChem, PhosAgro, PotashCorp, Solvay, Chengxing, Guizhou Linhua, Tongling, Xinyangfeng, Yuntianhua.
The phosphate and compound fertilizer market is expected to register a CAGR of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Phosphate and Compound Fertilizer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Phosphate and Compound Fertilizer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Phosphate and Compound Fertilizer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Phosphate and Compound Fertilizer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Phosphate and Compound Fertilizer Market Size & Forecast, 2018-2028
4.5.1 Phosphate and Compound Fertilizer Market Size and Y-o-Y Growth
4.5.2 Phosphate and Compound Fertilizer Market Absolute $ Opportunity
Chapter 5 Global Phosphate and Compound Fertilizer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Phosphate and Compound Fertilizer Market Size Forecast by Type
5.2.1 Low Concentration Phosphate Fertilizer
5.2.2 High Concentration Phosphate Fertilizer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Phosphate and Compound Fertilizer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Phosphate and Compound Fertilizer Market Size Forecast by Applications
6.2.1 Vegetables
6.2.2 Fruiter
6.2.3 Cereal Crop
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phosphate and Compound Fertilizer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Phosphate and Compound Fertilizer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Phosphate and Compound Fertilizer Analysis and Forecast
9.1 Introduction
9.2 North America Phosphate and Compound Fertilizer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Phosphate and Compound Fertilizer Market Size Forecast by Type
9.6.1 Low Concentration Phosphate Fertilizer
9.6.2 High Concentration Phosphate Fertilizer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Phosphate and Compound Fertilizer Market Size Forecast by Applications
9.10.1 Vegetables
9.10.2 Fruiter
9.10.3 Cereal Crop
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Phosphate and Compound Fertilizer Analysis and Forecast
10.1 Introduction
10.2 Europe Phosphate and Compound Fertilizer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Phosphate and Compound Fertilizer Market Size Forecast by Type
10.6.1 Low Concentration Phosphate Fertilizer
10.6.2 High Concentration Phosphate Fertilizer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Phosphate and Compound Fertilizer Market Size Forecast by Applications
10.10.1 Vegetables
10.10.2 Fruiter
10.10.3 Cereal Crop
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Phosphate and Compound Fertilizer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Phosphate and Compound Fertilizer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Phosphate and Compound Fertilizer Market Size Forecast by Type
11.6.1 Low Concentration Phosphate Fertilizer
11.6.2 High Concentration Phosphate Fertilizer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Phosphate and Compound Fertilizer Market Size Forecast by Applications
11.10.1 Vegetables
11.10.2 Fruiter
11.10.3 Cereal Crop
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Phosphate and Compound Fertilizer Analysis and Forecast
12.1 Introduction
12.2 Latin America Phosphate and Compound Fertilizer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Phosphate and Compound Fertilizer Market Size Forecast by Type
12.6.1 Low Concentration Phosphate Fertilizer
12.6.2 High Concentration Phosphate Fertilizer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Phosphate and Compound Fertilizer Market Size Forecast by Applications
12.10.1 Vegetables
12.10.2 Fruiter
12.10.3 Cereal Crop
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Phosphate and Compound Fertilizer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Phosphate and Compound Fertilizer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Phosphate and Compound Fertilizer Market Size Forecast by Type
13.6.1 Low Concentration Phosphate Fertilizer
13.6.2 High Concentration Phosphate Fertilizer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Phosphate and Compound Fertilizer Market Size Forecast by Applications
13.10.1 Vegetables
13.10.2 Fruiter
13.10.3 Cereal Crop
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Phosphate and Compound Fertilizer Market: Competitive Dashboard
14.2 Global Phosphate and Compound Fertilizer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 EuroChem
14.3.3 PhosAgro
14.3.4 PotashCorp
14.3.5 Solvay
14.3.6 Chengxing
14.3.7 Guizhou Linhua
14.3.8 Tongling
14.3.9 Xinyangfeng
14.3.10 Yuntianhua
