Phosphate Market Trends, Demand, Industry Growth Analysis and Outlook Forecast to 2025
Phosphate Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWire) -- 05/16/2019 --A phosphate is chemical derivative of phosphoric acid. The phosphate ion is an inorganic chemical, the conjugate base that can form many different salts. In organic chemistry, a phosphate, or organophosphate, is an ester of phosphoric acid. Of the various phosphoric acids and phosphates, organic phosphates are important in biochemistry and biogeochemistry (and, consequently, in ecology), and inorganic phosphates are mined to obtain phosphorus for use in agriculture and industry. At elevated temperatures in the solid state, phosphates can condense to form pyrophosphates.
The fertilizers application is the highest, as the need for higher agricultural production on the limited available arable land is driving the consumption of fertilizers. However, the foods & beverages application is expected to grow at the highest CAGR during forecast period mainly due to the increasing consumption of packaged food.
Currently, the Asia-Pacific region is the largest market for phosphate. The increasing population coupled with the increased demand for nutritious food in the region is expected to drive the increasing demand for phosphate. South America is projected to be the second-fastest growing market from 2016 to 2021. This growth is attributed to the rapidly growing agricultural sector in the region.
The global Phosphate market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025. This report studies the Phosphate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Phosphate in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Xingfa Chemicals Group
Blue Sword Chem
Wengfu Gene-Phos Chem
Chengxing Industrial Group
Aditya Birla Chem
Zhongshen Phosphates Chem
RIN KAGAKU KOGYO
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Foods & Beverages
Water Treatment Chemicals
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