Asia-Pacific Phosphatic Fertilizers Market was worth $22.22 billion in 2021 and estimated to be growing at a CAGR of 4.13%, to reach $27.2 billion by 2026.
High consumption levels and greater food requirements in developing and large populous countries such as India and China is driving the region phosphatic fertilizers market.Phosphate element occurs naturally and plays a crucial role in supporting human life. Majority of phosphate which is extracted from the phosphate ores is used for manufacturing fertilizers. Phosphorous is necessary for cell renewal, enhancing the quality of crop, plant growth, increasing crop production and also aids in photosynthesis.
The demand for fertilizers in Asia-Pacific has been persuaded by factors such as financial growth, population, development of agriculture area, government strategies, prices, and production. The agricultural segment in this region is very protruding, and the part of population reliant on the farming sector is very huge. Therefore, farmers of this region place extra efforts to rise the productivity of land by using several farm inputs. This drives the demand of phosphatic fertilizers in this region.
Asia-Pacific Phosphatic Fertilizers Market - By Type:
Diammonium Phosphate (DAP)
Asia-Pacific Phosphatic Fertilizers Market - By Application:
Superphosphate type is in great demand due to its advantages over other phosphate types. Phosphates are mainly used in fruits and vegetables to mark the need of phosphates in the body.
Geographically the market of Asia-Pacific region is segmented into India, China, Japan, South Korea and Australia. China is the world's largest phosphate rock producer. India and Japan are anticipated to grow at a high growth rate in the forecast period.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Diammonium Phosphate (DAP)
5.1.2 Monoammonium Phosphate (MAP)
5.1.4 Other Type of phosphates
5.2 By Application
5.2.1 Grains & Oilseeds
5.2.2 Fruits & Vegetables
5.2.3 Other Applications
6. Geographical Analysis
6.5 South Korea
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 CF Industries Holdings Inc.
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Office Cherifien des Phosphates
8.3 Agrium Inc.
8.4 Potash Corp. of Saskatchewan
8.7 Israel Chemicals Limited.
8.8 Yara International ASA
8.9 Coromandel International Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
a) List of Tables
b) List of Figures
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