Market Overview:
The global triple superphosphate market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. Triple superphosphate is a type of phosphate fertilizer that contains three times the amount of phosphorus as compared to single superphosphate. It is majorly used for top dressing, base fertilizer, seeding fertilizer and other applications. The growth of the global triple superphosphate market can be attributed to factors such as increasing demand for food owing to population growth and rising income levels, growing awareness about benefits of using fertilizers in agriculture sector, and initiatives taken by governments across regions for promoting use of fertilizers in agriculture sector. However, volatility in prices of raw materials used for manufacturing triple superphosphates may restrain the growth of this market over the forecast period. On basis on type, granular segment accounted for larger share in terms revenue in 2017 and is expected to maintain its dominance throughout the forecast period. Non-granular segment is projected grow at higher CAGR over 2018-2030 due its properties including easy handling & storage which are highly demanded by farmers across globe . On basis on application , top dressing was observed as largest application segment followed by base fertilizer .
Product Definition:
A triple superphosphate is a phosphate fertilizer that is made up of three parts phosphorus. It is often used to improve the soil's fertility and help increase crop yields.
Granular:
Granular is a type of Triple Superphosphate (TSP) used as an ingredient in fertilizers. It consists of orthophosphoric acid, which is a strong fertilizer and helps in plant growth. Granular triple super phosphate has the ability to increase the germination percentage, early seedling emergence and overall plant growth. The product also provides high nutrition value to plants during its absorption process by enhancing root development and fruit setting.
Non-granular:
Triple superphosphate (TSP) is a type of inorganic phosphate fertilizer, which contains three phosphates. It is usually applied to the soil as granules or pellets and works quickly, providing high-quality fertilizers for vegetables and fruits. TSP can be easily applied by broadcasting method to ensure even distribution over the entire area.
The product has higher content of phosphorous than normal phosphate fertilizers; it also provides additional potassium.
Application Insights:
The top dressing segment accounted for the largest revenue share of over 40% in 2017. The product is widely used as a top dressing in agriculture owing to its ability to control weeds, which helps improve the overall soil quality and crop yield. In addition, it plays an important role in controlling plant diseases and enabling high-quality crops by providing vital nutrients such as phosphorus and sulfur.
The base fertilizer segment is expected to witness the fastest growth rate over the forecast period due to rising demand from emerging economies such as India, China and Brazil for use on farms that produce sugarcane, maize (corn) or rice. Furthermore, increasing urbanization has led farmers across developing countries including China and India to adopt modern farming techniques that include using base fertilizers along with pesticides for boosting yields quickly. This trend is expected continue over the forecast period thereby driving industry growth worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in the region. The growing agricultural sector in developing economies including China, India, Indonesia, Malaysia and Thailand will drive product demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for 24% of global consumption in 2017 on account of high level of agriculture production coupled with stringent regulations regarding soil health management practices by various agencies including Soil Association (UK) and European Commission.
North America emerged as one of the major consumers due to presence large number seed companies such as Deere & Company; Syngenta; Monsanto; BASF SE etc that use triple superphosphate based products as feedstock for producing Triple Super Phosphate (TSP).
Growth Factors:
- Increasing demand for food due to population growth
- Rising income levels in developing countries
- Shift towards high-value crops and organic farming
- Government policies supporting agriculture sector growth
- Technological advancements in phosphate production
Scope Of The Report
Report Attributes
Report Details
Report Title
Triple Superphosphate Market Research Report
By Type
Granular, Non-granular
By Application
Top Dressing, Base Fertilizer, Seeding Fertilizer, Others
By Companies
Coromandel International, CF Industries Holdings, Yara International ASA, Potash Corporation of Saskatchewan, OCP, Mosaic, Phosagro, Nutrien, Eurochem, ICL
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Triple Superphosphate Market Report Segments:
The global Triple Superphosphate market is segmented on the basis of:
Types
Granular, Non-granular
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
Top Dressing, Base Fertilizer, Seeding Fertilizer, 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:
- Coromandel International
- CF Industries Holdings
- Yara International ASA
- Potash Corporation of Saskatchewan
- OCP
- Mosaic
- Phosagro
- Nutrien
- Eurochem
- ICL
Highlights of The Triple Superphosphate 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:
- Granular
- Non-granular
- By Application:
- Top Dressing
- Base Fertilizer
- Seeding Fertilizer
- 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 Triple Superphosphate 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
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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?
Triple superphosphate is a type of fertilizer that contains three phosphate molecules. It is used to help plants grow and produce food.
Some of the key players operating in the triple superphosphate market are Coromandel International, CF Industries Holdings, Yara International ASA, Potash Corporation of Saskatchewan, OCP, Mosaic, Phosagro, Nutrien, Eurochem, ICL.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Triple Superphosphate 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 Triple Superphosphate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Triple Superphosphate 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 Triple Superphosphate 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 Triple Superphosphate Market Size & Forecast, 2018-2028
4.5.1 Triple Superphosphate Market Size and Y-o-Y Growth
4.5.2 Triple Superphosphate Market Absolute $ Opportunity
Chapter 5 Global Triple Superphosphate 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 Triple Superphosphate Market Size Forecast by Type
5.2.1 Granular
5.2.2 Non-granular
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Triple Superphosphate 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 Triple Superphosphate Market Size Forecast by Applications
6.2.1 Top Dressing
6.2.2 Base Fertilizer
6.2.3 Seeding Fertilizer
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Triple Superphosphate 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 Triple Superphosphate 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 Triple Superphosphate Analysis and Forecast
9.1 Introduction
9.2 North America Triple Superphosphate 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 Triple Superphosphate Market Size Forecast by Type
9.6.1 Granular
9.6.2 Non-granular
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 Triple Superphosphate Market Size Forecast by Applications
9.10.1 Top Dressing
9.10.2 Base Fertilizer
9.10.3 Seeding Fertilizer
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 Triple Superphosphate Analysis and Forecast
10.1 Introduction
10.2 Europe Triple Superphosphate 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 Triple Superphosphate Market Size Forecast by Type
10.6.1 Granular
10.6.2 Non-granular
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 Triple Superphosphate Market Size Forecast by Applications
10.10.1 Top Dressing
10.10.2 Base Fertilizer
10.10.3 Seeding Fertilizer
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 Triple Superphosphate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Triple Superphosphate 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 Triple Superphosphate Market Size Forecast by Type
11.6.1 Granular
11.6.2 Non-granular
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 Triple Superphosphate Market Size Forecast by Applications
11.10.1 Top Dressing
11.10.2 Base Fertilizer
11.10.3 Seeding Fertilizer
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 Triple Superphosphate Analysis and Forecast
12.1 Introduction
12.2 Latin America Triple Superphosphate 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 Triple Superphosphate Market Size Forecast by Type
12.6.1 Granular
12.6.2 Non-granular
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 Triple Superphosphate Market Size Forecast by Applications
12.10.1 Top Dressing
12.10.2 Base Fertilizer
12.10.3 Seeding Fertilizer
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) Triple Superphosphate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Triple Superphosphate 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) Triple Superphosphate Market Size Forecast by Type
13.6.1 Granular
13.6.2 Non-granular
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) Triple Superphosphate Market Size Forecast by Applications
13.10.1 Top Dressing
13.10.2 Base Fertilizer
13.10.3 Seeding Fertilizer
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 Triple Superphosphate Market: Competitive Dashboard
14.2 Global Triple Superphosphate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coromandel International
14.3.2 CF Industries Holdings
14.3.3 Yara International ASA
14.3.4 Potash Corporation of Saskatchewan
14.3.5 OCP
14.3.6 Mosaic
14.3.7 Phosagro
14.3.8 Nutrien
14.3.9 Eurochem
14.3.10 ICL
