Global Phosphoric Acid Market Growth 2023-2029

Global Phosphoric Acid Market Growth 2023-2029

Product Code:455332

Published Date: Feb 08,2023

Pages: 120

Region: Global

Category: Chemical & Material

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US

Phosphoric acid is a weak acid with the chemical formula H3PO4. It is widely used in fertilizer electronics, food and other industry.

LPI (LP Information)' newest research report, the “Phosphoric Acid Industry Forecast” looks at past sales and reviews total world Phosphoric Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Phosphoric Acid sales for 2023 through 2029. With Phosphoric Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phosphoric Acid industry.

This Insight Report provides a comprehensive analysis of the global Phosphoric Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phosphoric Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Phosphoric Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phosphoric Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phosphoric Acid.

The global Phosphoric Acid market size is projected to grow from US$ 36510 million in 2022 to US$ 42760 million in 2029; it is expected to grow at a CAGR of 42760 from 2023 to 2029.

Global Phosphoric Acid key players include OCP, Mosaic, Yuntianhua, PhosAgro, Tongling Chemical Industry Group, etc. Global top five manufacturers hold a share about 35%.

China is the largest market, with a share about 40%, followed by Europe and North America, both have a share about 20 percent. 
In terms of product, Tech Grad is the largest segment, with a share over 85%. And in terms of application, the largest application is Fertilizers, followed by Food & Beverages.

This report presents a comprehensive overview, market shares, and growth opportunities of Phosphoric Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Electronic Grade
    Food Grade
    Tech Grade

Segmentation by application
    Fertilizers
    Food & Beverages
    Electronics
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    OCP
    Mosaic
    PhosAgro
    PotashCorp (Nutrien)
    Itafos
    EuroChem
    Tunisian Chemical Group (GCT)
    Arkema
    Solvay
    ICL Performance Products
    Hubei Xingfa Chemicals Group
    Chengxing Group
    Yunphos
    IFFCO
    Maaden
    Wengfu Group
    Yuntianhua
    Tongling Chemical Industry Group
    Kailin Group
    Hubei Xinyangfeng Fertilizer

Key Questions Addressed in this Report
What is the 10-year outlook for the global Phosphoric Acid market?
What factors are driving Phosphoric Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Phosphoric Acid market opportunities vary by end market size?
How does Phosphoric Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?