Asia Pacific Normal Superphosphate market size was around USD XX billion in 2021. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2026.
Normal superphosphate is a fertilizer which contains an amalgam of the di-acid calcium salt of orthophosphoric acid with calcium sulphate and traces of other phosphates. It contains a little more than 22 percent of available phosphorus pentoxide. It is significant for the robust growth of plants; a highly concentrated dose can be applied to plants ranging from agricultural crops to houseplants. Numerous variants of this fertilizer have been prepared for several requirements. A regular superphosphate fertilizer is used in its raw form, it undergoes various chemical reactions since it is becomes more efficacious.
The development in the end user industries is the primary driver of the market. The rise in demand from fertilizer industry is anticipated to be a key factor for the development of the market. The market demand is rising because of the augmenting world population and increasing food demand. Additionally, rising milk and meat consumption in the world has warranted high levels of feed volume which in turn has raised the demand for forage production. Moreover, increasing demand from developing countries is anticipated to raise the consumption of normal superphosphates.
On the other hand, availability of cheap alternatives and stringent environmental regulations could hinder the market growth.
By geography the market is segmented into India, China, Korea, Japan, and others. Asia Pacific is presently the biggest producer and consumer of normal superphosphate. China and India are the leading consumers of normal superphosphates because of an established fertilizer and agriculture industry. Normal superphosphate usage is hampered to regions which have phosphate rock resources which are not suitable feed for the highly intricate chemical processes involved in making ammonium phosphate and phosphoric acid.
Major Key Players:
Key players in the market include Mosaic(U.S.), OCP (Morocco), Yara International ASA (Norway), Phosagro (Russia), Agrium Inc., (Canada), CF Industries Holdings Inc. (U.S.), Coromandel International Ltd. (India), Potash Corporation of Saskatchewan (Canada), ICL (Israel), and Eurochem (Russia) among others.
1. Introduction
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
2.1 Introduction
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. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
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 Geography
5.1.1 Introduction
5.1.2 Asia Pacific
5.1.2.1 India
5.1.2.2 China
5.1.2.3 Korea
5.1.2.4 Japan
5.1.2.5 Others
5.1.3 Y-o-Y Growth Analysis, By Geography
5.1.4 Market Attractiveness Analysis, By Geography
5.1.5 Market Share Analysis, By Geography
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
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. (U.S.)
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Coromandel International Ltd. (India)
8.3 Mosaic(U.S.)
8.4 OCP (Morocco)
8.5 Yara International ASA (Norway)
8.6 Phosagro (Russia)
8.7 Agrium Inc., (Canada)
8.8 Potash Corporation of Saskatchewan (Canada)
8.9 ICL (Israel)
8.10 Eurochem (Russia)
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. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
