The global orthophosphoric acid market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market can be attributed to the increasing demand for orthophosphoric acid in food and pharmaceutical applications, as well as its use in agriculture. Orthophosphoric acid is used in food products such as soft drinks, fruit juices, and dairy products due to its ability to inhibit microbial growth and preserve freshness. Orthophosphoric acid is also used in pharmaceuticals such as toothpaste and mouthwash due to its ability to prevent dental caries by reducing plaque formation on teeth surfaces. In addition, it has been found that orthophosphoric acid can be used for agricultural purposes such as fertilizers or pesticides due to its high solubility properties which allow it dissolve easily into water or oil solutions respectively.
Some Of The Growth Factors Of This Market:
- Orthophosphoric acid is used in the production of fertilizers, detergents, and other chemicals.
- The demand for orthophosphoric acid is expected to increase due to the increasing population and the need for food production.
- Orthophosphoric acid is a by-product of phosphate rock mining which will lead to an increase in demand as more mines are opened up around the world.
- The price of orthophosphoric acid has been decreasing over time which will lead to an increase in demand as it becomes cheaper and more affordable for consumers around the world.
- There are no substitutes for orthophosphoric acid so there will be a continued need for this product.
Industry Growth Insights published a new data on “Orthophosphoric Acid Market”. The research report is titled “Orthophosphoric Acid Market research by Types (White Solid, Colorless Viscous Liquid), By Applications (Pharmacy, Food, Agriculture, Other), By Players/Companies BASF, Mosaic, Innophos, ICL Food Specialties, OCP Goup, PhosAgro, CPG, Vale Fertilizantes, Wengfu, BK Giulini, MP Biomedicals, PotashCorp, Merck Schuchardt OHG, Shanghai Macklin”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthophosphoric Acid Market Research Report
By Type
White Solid, Colorless Viscous Liquid
By Application
Pharmacy, Food, Agriculture, Other
By Companies
BASF, Mosaic, Innophos, ICL Food Specialties, OCP Goup, PhosAgro, CPG, Vale Fertilizantes, Wengfu, BK Giulini, MP Biomedicals, PotashCorp, Merck Schuchardt OHG, Shanghai Macklin
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Orthophosphoric Acid Market Report Segments:
The global Orthophosphoric Acid market is segmented on the basis of:
Types
White Solid, Colorless Viscous Liquid
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
Pharmacy, Food, Agriculture, Other
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:
- BASF
- Mosaic
- Innophos
- ICL Food Specialties
- OCP Goup
- PhosAgro
- CPG
- Vale Fertilizantes
- Wengfu
- BK Giulini
- MP Biomedicals
- PotashCorp
- Merck Schuchardt OHG
- Shanghai Macklin
Highlights of The Orthophosphoric Acid 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:
- White Solid
- Colorless Viscous Liquid
- By Application:
- Pharmacy
- Food
- Agriculture
- Other
- 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 Orthophosphoric Acid 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
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?
Orthophosphoric acid is a white crystalline compound with the chemical formula H3PO4. It is a strong acid that can dissolve many materials, including bones and teeth. Orthophosphoric acid is used in detergents, fertilizers, and other industrial processes.
Some of the key players operating in the orthophosphoric acid market are BASF, Mosaic, Innophos, ICL Food Specialties, OCP Goup, PhosAgro, CPG, Vale Fertilizantes, Wengfu, BK Giulini, MP Biomedicals, PotashCorp, Merck Schuchardt OHG, Shanghai Macklin.
The orthophosphoric acid market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Orthophosphoric Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Orthophosphoric Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Orthophosphoric Acid Market - Supply Chain
4.5. Global Orthophosphoric Acid Market Forecast
4.5.1. Orthophosphoric Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Orthophosphoric Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Orthophosphoric Acid Market Absolute $ Opportunity
5. Global Orthophosphoric Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Orthophosphoric Acid Market Size and Volume Forecast by Type
5.3.1. White Solid
5.3.2. Colorless Viscous Liquid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Orthophosphoric Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Orthophosphoric Acid Market Size and Volume Forecast by Application
6.3.1. Pharmacy
6.3.2. Food
6.3.3. Agriculture
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Orthophosphoric Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Orthophosphoric Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Orthophosphoric Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Orthophosphoric Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Orthophosphoric Acid Demand Share Forecast, 2019-2026
9. North America Orthophosphoric Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Orthophosphoric Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Orthophosphoric Acid Market Size and Volume Forecast by Application
9.4.1. Pharmacy
9.4.2. Food
9.4.3. Agriculture
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Orthophosphoric Acid Market Size and Volume Forecast by Type
9.7.1. White Solid
9.7.2. Colorless Viscous Liquid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Orthophosphoric Acid Demand Share Forecast, 2019-2026
10. Latin America Orthophosphoric Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Orthophosphoric Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Orthophosphoric Acid Market Size and Volume Forecast by Application
10.4.1. Pharmacy
10.4.2. Food
10.4.3. Agriculture
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Orthophosphoric Acid Market Size and Volume Forecast by Type
10.7.1. White Solid
10.7.2. Colorless Viscous Liquid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Orthophosphoric Acid Demand Share Forecast, 2019-2026
11. Europe Orthophosphoric Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Orthophosphoric Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Orthophosphoric Acid Market Size and Volume Forecast by Application
11.4.1. Pharmacy
11.4.2. Food
11.4.3. Agriculture
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Orthophosphoric Acid Market Size and Volume Forecast by Type
11.7.1. White Solid
11.7.2. Colorless Viscous Liquid
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections y Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Orthophosphoric Acid Demand Share, 2019-2026
12. Asia Pacific Orthophosphoric Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Orthophosphoric Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Orthophosphoric Acid Market Size and Volume Forecast by Application
12.4.1. Pharmacy
12.4.2. Food
12.4.3. Agriculture
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Orthophosphoric Acid Market Size and Volume Forecast by Type
12.7.1. White Solid
12.7.2. Colorless Viscous Liquid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Orthophosphoric Acid Demand Share, 2019-2026
13. Middle East & Africa Orthophosphoric Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Orthophosphoric Acid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Orthophosphoric Acid Market Size and Volume Forecast by Application
13.4.1. Pharmacy
13.4.2. Food
13.4.3. Agriculture
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Orthophosphoric Acid Market Size and Volume Forecast by Type
13.7.1. White Solid
13.7.2. Colorless Viscous Liquid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Orthophosphoric Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Orthophosphoric Acid Market: Market Share Analysis
14.2. Orthophosphoric Acid Distributors and Customers
14.3. Orthophosphoric Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mosaic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Innophos
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ICL Food Specialties
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OCP Goup
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PhosAgro
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CPG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vale Fertilizantes
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wengfu
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BK Giulini
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MP Biomedicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PotashCorp
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Merck Schuchardt OHG
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai Macklin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
