Market Overview:
The global single superphosphate 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 and rising income levels, especially in developing countries. In addition, the increasing awareness about the benefits of using single superphosphate fertilizers is also contributing to the growth of this market. Single superphosphate fertilizers are used for both agricultural and non-agricultural applications. They are majorly used in agriculture as a source of phosphorus, which is an essential nutrient for plant growth and development. However, their use in non-agricultural applications such as horticulture, floriculture, landscape gardening, etc., is also increasing due to their high efficiency and low environmental impact as compared with other types of fertilizers such as urea or ammonium phosphate fertilizers. Regionally, North America dominates the global single superphosphate fertilizer market followed by Europe and Asia Pacific respectively.
Product Definition:
A Single Superphosphate fertilizer is a phosphorus-containing fertilizer that is used to improve the fertility of soils. It is a dry, granular product that is made by treating phosphate rock with sulfuric acid. The main benefit of using single superphosphate fertilizer is that it helps to improve the soil's ability to retain moisture and nutrients, which can help plants grow healthier and more robust.
16% Single Superphosphate:
16% single superphosphate (SSP) is a type of fertilizer which contains 16% of the total phosphorus content. It has high phosphorous efficiency as compared to double superphosphate and normal phosphate fertilizers. The product was developed by the United States Department of Agriculture (USDA) for use in their agricultural fields, later on it got commercialized and is being used worldwide due to its high quality and efficiency as compared to traditional fertilizers with lower phosphorus contents.
19% Single Superphosphate:
19% Single Superphosphate is a type of single super phosphate fertilizer, which contains 19% of phosphorus content. It has high phosphorus solubility and can be easily dissolved in water or alcohol. This product is majorly used for the cultivation of vegetables such as lettuce, spinach, chives, peppers and cucumbers among others. The product also finds application in the cultivation of flowers such as violets and pansies among others.
Application Insights:
The agricultural use of the product accounted for a revenue share of over 80% in 2017. The demand from this sector is expected to remain strong owing to the growing population and rising disposable income levels in countries, such as India and China. These two countries are projected to account for nearly 60% of global agricultural production by 2030, thereby driving the demand for fertilizers across various regions.
Single superphosphate is used as an active ingredient in various formulations including liquid, granular or tablet feed products that are applied directly into fields or into irrigation canals during transplanting or seeding operations. It is also used as a foliar spray on cotton plants right before they reach maturity stage so that they develop sufficient strength to withstand pests and diseases along with providing high yield crops year after year which further drives its consumption globally.
Regional Analysis:
North America dominated the global single superphosphate fertilizer market in terms of revenue with a share of over 40.0% in 2017. This is attributed to strong agricultural output and growing demand for non-agricultural applications such as animal feed, fertilizers for horticulture, and mining. The region has witnessed an increase in the application of these products owing to their high efficiency at increasing crop yield compared to other conventional methods used across various agriculture and gardening practices worldwide.
The Asia Pacific regional market is expected to witness significant growth over the forecast period from 2018 to 2030 due rising population coupled with increased food demand across emerging economies including China, India, Indonesia among others will drive product consumption levels within this region.
Growth Factors:
- Increasing demand for food owing to population growth
- Rising awareness about the benefits of using single superphosphate fertilizer
- Government initiatives and subsidies for promoting the use of single superphosphate fertilizer
- Technological advancements in production process that have led to cost-effective and quality products
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Superphosphate Fertilizer Market Research Report
By Type
16% Single Superphosphate, 19% Single Superphosphate, Other
By Application
Agricultural Use, Non-agricultural Uses
By Companies
Mosaic, Yara, J.R. Simplot Company, Chuan Jin Nuo Chemical, Sunward Chemicals, Coromandel, Gayatri Fertiplants International
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Single Superphosphate Fertilizer Market Report Segments:
The global Single Superphosphate Fertilizer market is segmented on the basis of:
Types
16% Single Superphosphate, 19% Single Superphosphate, Other
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
Agricultural Use, Non-agricultural Uses
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:
- Mosaic
- Yara
- J.R. Simplot Company
- Chuan Jin Nuo Chemical
- Sunward Chemicals
- Coromandel
- Gayatri Fertiplants International
Highlights of The Single Superphosphate 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:
- 16% Single Superphosphate
- 19% Single Superphosphate
- Other
- By Application:
- Agricultural Use
- Non-agricultural Uses
- 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 Single Superphosphate 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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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?
Single superphosphate fertilizer is a type of fertilizer that contains only one type of phosphate. This type of fertilizer is most commonly used in agriculture to help plants grow and produce crops.
Some of the major players in the single superphosphate fertilizer market are Mosaic, Yara, J.R. Simplot Company, Chuan Jin Nuo Chemical, Sunward Chemicals, Coromandel, Gayatri Fertiplants International.
The single superphosphate 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 Single Superphosphate 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 Single Superphosphate Fertilizer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Single Superphosphate 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 Single Superphosphate 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 Single Superphosphate Fertilizer Market Size & Forecast, 2020-2028 4.5.1 Single Superphosphate Fertilizer Market Size and Y-o-Y Growth 4.5.2 Single Superphosphate Fertilizer Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 16% Single Superphosphate
5.2.2 19% Single Superphosphate
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Agricultural Use
6.2.2 Non-agricultural Uses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single Superphosphate 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 Single Superphosphate 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 16% Single Superphosphate
9.6.2 19% Single Superphosphate
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Agricultural Use
9.10.2 Non-agricultural Uses
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 16% Single Superphosphate
10.6.2 19% Single Superphosphate
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Agricultural Use
10.10.2 Non-agricultural Uses
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 16% Single Superphosphate
11.6.2 19% Single Superphosphate
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Agricultural Use
11.10.2 Non-agricultural Uses
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 16% Single Superphosphate
12.6.2 19% Single Superphosphate
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Agricultural Use
12.10.2 Non-agricultural Uses
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 16% Single Superphosphate
13.6.2 19% Single Superphosphate
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Agricultural Use
13.10.2 Non-agricultural Uses
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 Single Superphosphate Fertilizer Market: Competitive Dashboard
14.2 Global Single Superphosphate Fertilizer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mosaic
14.3.2 Yara
14.3.3 J.R. Simplot Company
14.3.4 Chuan Jin Nuo Chemical
14.3.5 Sunward Chemicals
14.3.6 Coromandel
14.3.7 Gayatri Fertiplants International