Market Overview:
The global superphosphoric acid (SPA) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The SPA market is segmented on the basis of type, application and region. On the basis of type, 68%superphosphoric acid, 69ï¼…superphosphoric acid and others are included in this study. Among these types, 68%superphosphoric acid held a dominant share in 2017 and is expected to maintain its dominance during the forecast period as well. On the basis of application, environment, chemical industry, agriculture and others are included in this study. Among these applications, agriculture held a dominant share in 2017 and is expected to maintain its dominance during the forecast period as well.
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Product Definition:
Superphosphoric acid is a phosphorus-containing compound with the formula H3PO4. It is a colorless, odorless solid that is soluble in water. Superphosphoric acid is used as an intermediate in the production of fertilizers and other phosphorus compounds.
68%Superphosphoric Acid:
68%superphosphoric acid is a water-soluble, colorless and highly phosphoric acid. It has 68% of the total phosphorus content in it. The chemical formula for 68% superphosphoric acid is (H3PO4)2HPO4. It's an ionic compound of orthophosphate and phosphoric acid which exists in solid form as well as in solution form with water or alcohol.
69ï¼…Superphosphoric Acid:
69ï¼…superphosphoric acid is a white crystalline solid and has a pKa of 3.8. It is soluble in water, ethanol, ethyl ether, and diethyl ether but not in organic solvents such as acetone or chloroform.
Application Insights:
Chemical industry was the largest application segment in 2016 and is expected to grow at a CAGR of XX% over the forecast period owing to its wide range of applications such as raw material supplier for various industries including paints & coatings, paper & pulp, and pharmaceuticals. Other applications include environment, agriculture and food processing among others. The chemical plays an important role in pesticides manufacturing by acting as a catalyst which speeds up the process of oxidation thereby making it easier for farmers to apply these chemicals on their crops.
SPA is used extensively in water treatment plants across all major cities globally due to its ability to remove hardness minerals including calcium carbonate, calcium sulfate, magnesium hydroxide from water thereby making it suitable for human consumption without having any adverse effects on human health when consumed within recommended limits.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major companies such as The Dow Chemical Company and PQ Corporation, which are engaged in extensive R&D activities for developing new products based on SPA. In addition, increasing demand for processed food coupled with rising awareness about health benefits associated with superphosphoric acid has led to an increase in its consumption rate over the past few years.
Asia Pacific is expected to be one of the fastest-growing regional markets at a CAGR exceeding 5% from 2018 to 2030 owing to rapid industrialization along with growing population and agricultural activities across countries such as China, India, Indonesia among others will drive product demand over next eight years. Moreover, increasing investments by various governments towards infrastructure development are likely boost industry growth further driving overall market growth during forecast period 8 years from 2018 To 2030).
Growth Factors:
- Increasing demand from the agriculture sector for SPA as a fertilizer to improve crop yield is expected to be a key growth driver for the market over the forecast period.
- Rising awareness about the benefits of using SPA as a fertilizer is also anticipated to fuel market growth in the coming years.
- Growing demand for SPA from food and beverage industry due to its ability to improve flavor, color, and nutritional value of food products is another key factor that is expected to drive market growth in future.
- Rapid industrialization and urbanization across emerging economies are creating new opportunities for SPA manufacturers and distributors worldwide. 5) Stringent environmental regulations related to phosphorus emissions are encouraging companies operating in this space towards developing more environment-friendly production processes, which will bode well for market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Superphosphoric Acid (SPA) Market Research Report
By Type
68%Superphosphoric Acid, 69％Superphosphoric Acid, Others
By Application
Environment, Chemical Industry, Agriculture, Others
By Companies
Nutrien, JR Simplot, Itafos Conda, Novaphos, Nutrien
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Superphosphoric Acid (SPA) Market Report Segments:
The global Superphosphoric Acid (SPA) market is segmented on the basis of:
Types
68%Superphosphoric Acid, 69％Superphosphoric Acid, Others
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
Environment, Chemical Industry, Agriculture, Others
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:
- Nutrien
- JR Simplot
- Itafos Conda
- Novaphos
- Nutrien
 Market Overview.svg)
Highlights of The Superphosphoric Acid (SPA) 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:
- 68%Superphosphoric Acid
- 69％Superphosphoric Acid
- Others
- By Application:
- Environment
- Chemical Industry
- Agriculture
- Others
- 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 Superphosphoric Acid (SPA) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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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?
Superphosphoric acid is a white crystalline solid with the chemical formula H3PO4. It is a strong acid that can dissolve many materials, including bones and teeth. Superphosphoric acid is used in industrial processes and to make other chemicals.
Some of the major players in the superphosphoric acid (spa) market are Nutrien, JR Simplot, Itafos Conda, Novaphos, Nutrien.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Market Size & Forecast, 2018-2028
4.5.1 Superphosphoric Acid (SPA) Market Size and Y-o-Y Growth
4.5.2 Superphosphoric Acid (SPA) Market Absolute $ Opportunity
Chapter 5 Global Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Market Size Forecast by Type
5.2.1 68%Superphosphoric Acid
5.2.2 69％Superphosphoric Acid
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Market Size Forecast by Applications
6.2.1 Environment
6.2.2 Chemical Industry
6.2.3 Agriculture
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Analysis and Forecast
9.1 Introduction
9.2 North America Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Market Size Forecast by Type
9.6.1 68%Superphosphoric Acid
9.6.2 69％Superphosphoric Acid
9.6.3 Others
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 Superphosphoric Acid (SPA) Market Size Forecast by Applications
9.10.1 Environment
9.10.2 Chemical Industry
9.10.3 Agriculture
9.10.4 Others
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 Superphosphoric Acid (SPA) Analysis and Forecast
10.1 Introduction
10.2 Europe Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Market Size Forecast by Type
10.6.1 68%Superphosphoric Acid
10.6.2 69％Superphosphoric Acid
10.6.3 Others
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 Superphosphoric Acid (SPA) Market Size Forecast by Applications
10.10.1 Environment
10.10.2 Chemical Industry
10.10.3 Agriculture
10.10.4 Others
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 Superphosphoric Acid (SPA) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Market Size Forecast by Type
11.6.1 68%Superphosphoric Acid
11.6.2 69％Superphosphoric Acid
11.6.3 Others
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 Superphosphoric Acid (SPA) Market Size Forecast by Applications
11.10.1 Environment
11.10.2 Chemical Industry
11.10.3 Agriculture
11.10.4 Others
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 Superphosphoric Acid (SPA) Analysis and Forecast
12.1 Introduction
12.2 Latin America Superphosphoric Acid (SPA) 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 Superphosphoric Acid (SPA) Market Size Forecast by Type
12.6.1 68%Superphosphoric Acid
12.6.2 69％Superphosphoric Acid
12.6.3 Others
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 Superphosphoric Acid (SPA) Market Size Forecast by Applications
12.10.1 Environment
12.10.2 Chemical Industry
12.10.3 Agriculture
12.10.4 Others
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) Superphosphoric Acid (SPA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Superphosphoric Acid (SPA) 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) Superphosphoric Acid (SPA) Market Size Forecast by Type
13.6.1 68%Superphosphoric Acid
13.6.2 69％Superphosphoric Acid
13.6.3 Others
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) Superphosphoric Acid (SPA) Market Size Forecast by Applications
13.10.1 Environment
13.10.2 Chemical Industry
13.10.3 Agriculture
13.10.4 Others
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 Superphosphoric Acid (SPA) Market: Competitive Dashboard
14.2 Global Superphosphoric Acid (SPA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nutrien
14.3.2 JR Simplot
14.3.3 Itafos Conda
14.3.4 Novaphos
14.3.5 Nutrien
