Within the research scope of this report, it shows that the global Phosphoric Acid market had a market size of about 54585.63 Million USD in 2022, growing at a CAGR of -6.20% during 2023-2029 to 34873.71 Million USD in 2029.
MARKET COMPETITIVE LANDSCAPE:
Major players in this market include Mosaic, OCP, PhosAgro, Yuntianhua, Nutrien, and etc.
---The combined market share of the Top 3 players in the global Phosphoric Acid market is about 20.00%.
REGION SHARE:
The report covers the market size information of major regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of Phosphoric Acid market in 2022, the Asia Pacific has the largest market size and its market share is about 61.00%, followed by North America and its market share is about 12.00%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Electronic Grade, Food Grade, etc. Application segment includes Fertilizers, Food & Beverages, etc.
--- Tech Grade contributes approximately 78.00% share to the market in 2022.
--- Fertilizers contributes approximately 75.00% share to the market in 2022.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Phosphoric Acid market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Phosphoric Acid market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Phosphoric Acid market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Phosphoric Acid market.
Global Phosphoric Acid Scope and Market Size
Phosphoric Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Phosphoric Acid market will be able to gain the upper hand as they use the report as a powerful resource.
The impact of the outbreak of COVID-19 and the Russia-Ukraine War on the Phosphoric Acid industry is considered in the report, covering the dynamic analysis of the development of the Phosphoric Acid industry, including trends, technologies, opportunities, constraints. To ensure report buyers are able to gain in-depth knowledge of the market.
Phosphoric acid, also known as orthophosphoric acid, is a mineral acid commonly used in various industries, including food and beverages, agriculture, pharmaceuticals, and chemicals. The market trend for phosphoric acid is as follows:
Increasing Demand in the Food and Beverage Industry: Phosphoric acid is widely used as an acidulant and flavoring agent in the food and beverage industry. It is commonly found in carbonated beverages, such as cola drinks, as a pH regulator and flavor enhancer. The market trend for phosphoric acid is driven by the growing demand for carbonated beverages and processed foods, particularly in emerging markets.
Agricultural Applications: Phosphoric acid is used as a fertilizer in the agricultural industry. It provides plants with phosphorus, an essential nutrient for growth and development. Phosphoric acid-based fertilizers, such as monoammonium phosphate (MAP) and diammonium phosphate (DAP), are widely used to improve crop yields. The market trend for phosphoric acid is influenced by the demand for agricultural fertilizers to support global food production.
Industrial Applications: Phosphoric acid has various industrial applications. It is used in the production of detergents, water treatment chemicals, metal surface treatment, and as a catalyst in chemical reactions. The market trend for phosphoric acid is driven by the demand from industries such as chemicals, pharmaceuticals, and water treatment, where it is used as a raw material or a processing agent.
Growth in the Pharmaceutical Industry: Phosphoric acid is utilized in the pharmaceutical industry for various applications, including pH adjustment, buffer preparation, and synthesis of certain drugs. The market trend for phosphoric acid is influenced by the growing pharmaceutical sector, driven by factors such as population growth, aging demographics, and increasing healthcare spending.
Expansion in Emerging Markets: Emerging markets, particularly in Asia-Pacific and Latin America, present significant growth opportunities for phosphoric acid. These regions have a growing population, rapid urbanization, and increasing industrialization, driving the demand for phosphoric acid in various industries. The market trend for phosphoric acid is driven by the expanding consumption and production capacity in these emerging markets.
Environmental and Safety Considerations: Phosphoric acid is subject to environmental regulations and safety considerations due to its potential hazards and environmental impact. Compliance with regulations and guidelines related to handling, storage, and disposal of phosphoric acid is essential for manufacturers and end-users. The market trend for phosphoric acid is influenced by the adoption of best practices and sustainable processes in its production and usage.
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Egypt
South Africa
UAE
Turkey
Saudi Arabia
Player list
Mosaic
OCP
PhosAgro
Yuntianhua
Nutrien
Maaden
WENGFU GROUP
EuroChem
IFFCO
Tunisian Chemical Group (GCT)
ICL
Hubei Xinyangfeng Fertilizer
UralChem
ARKEMA GROUP
Others
Types list
Electronic Grade
Food Grade
Tech Grade
Application list
Fertilizers
Food & Beverages
Electronics
Others
List of Tables and Figures
Figure Phosphoric Acid Picture
Table Product Definition of Phosphoric Acid
Table Economic Analysis of Global Regions
Table Inflation Analysis
Table The Impact of the Russian-Ukrainian War on the Market
Figure 2020 (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Global Phosphoric Acid Market Size by Type (2018 VS 2023 VS 2029)
Table Global Phosphoric Acid Revenue and Market Size by Type (2018-2023)
Table Global Phosphoric Acid Revenue and Market Share by Type (2018-2023)
Table Global Phosphoric Acid Sales and Market Size by Type (2018-2023)
Table Global Phosphoric Acid Sales and Market Share by Type (2018-2023)
Table Global Phosphoric Acid Market Size by Application (2018 VS 2023 VS 2029)
Table Global Phosphoric Acid Revenue Market Size by Application (2018-2023)
Table Global Phosphoric Acid Revenue Market Share by Application (2018-2023)
Table Global Phosphoric Acid Sales Market Size by Application (2018-2023)
Table Global Phosphoric Acid Sales Market Share by Application (2018-2023)
Figure Global Phosphoric Acid Revenue Market Size (2018-2023)
Figure Global Phosphoric Acid Sales Market Size (2018-2023)
Table Phosphoric Acid Market Size by Regions: 2018 VS 2023 VS 2029
Table Phosphoric Acid Historic Revenue Market Size by Regions (2018-2023)
Table Phosphoric Acid Historic Revenue Market Share by Regions (2018-2023)
Table Phosphoric Acid Historic Sales Market Size by Regions (2018-2023)
Table Phosphoric Acid Historic Sales Market Share by Regions (2018-2023)
Figure North America Phosphoric Acid Market Size (2018-2023)
Figure Europe Phosphoric Acid Market Size (2018-2023)
Figure Asia-Pacific Phosphoric Acid Market Size (2018-2023)
Figure Latin America Phosphoric Acid Market Size (2018-2023)
Figure Middle East & Africa Phosphoric Acid Market Size (2018-2023)
Table North America Phosphoric Acid Revenue by Countries (2018-2023)
Table North America Phosphoric Acid Revenue Market Share by Countries (2018-2023)
Table North America Phosphoric Acid Sales by Countries (2018-2023)
Table North America Phosphoric Acid Sales Market Share by Countries (2018-2023)
Table North America Phosphoric Acid Sales by Types (2018-2023)
Table North America Phosphoric Acid Sales Market Share by Types (2018-2023)
Table North America Phosphoric Acid Sales by Applications (2018-2023)
Table North America Phosphoric Acid Sales Market Share by Applications (2018-2023)
Figure United States Phosphoric Acid Revenue and Growth (2018-2023)
Figure United States Phosphoric Acid Sales and Growth (2018-2023)
Figure Canada Phosphoric Acid Revenue and Growth (2018-2023)
Figure Canada Phosphoric Acid Sales and Growth (2018-2023)
Table Asia-Pacific Phosphoric Acid Revenue by Countries (2018-2023)
Table Asia-Pacific Phosphoric Acid Revenue Market Share by Countries (2018-2023)
Table Asia-Pacific Phosphoric Acid Sales by Countries (2018-2023)
Table Asia-Pacific Phosphoric Acid Revenue Market Share by Countries (2018-2023)
Table Asia Pacific Phosphoric Acid Sales by Types (2018-2023)
Table Asia Pacific Phosphoric Acid Sales Market Share by Types (2018-2023)
Table Asia Pacific Phosphoric Acid Sales by Applications (2018-2023)
Table Asia Pacific Phosphoric Acid Sales Market Share by Applications (2018-2023)
Figure China Phosphoric Acid Revenue and Growth (2018-2023)
Figure China Phosphoric Acid Sales and Growth (2018-2023)
Figure Japan Phosphoric Acid Revenue and Growth (2018-2023)
Figure Japan Phosphoric Acid Sales and Growth (2018-2023)
Figure Korea Phosphoric Acid Revenue and Growth (2018-2023)
Figure Korea Phosphoric Acid Sales and Growth (2018-2023)
Figure Southeast Asia Phosphoric Acid Revenue and Growth (2018-2023)
Figure Southeast Asia Phosphoric Acid Sales and Growth (2018-2023)
Figure India Phosphoric Acid Revenue and Growth (2018-2023)
Figure India Phosphoric Acid Sales and Growth (2018-2023)
Figure Australia Phosphoric Acid Revenue and Growth (2018-2023)
Figure Australia Phosphoric Acid Sales and Growth (2018-2023)
Table Europe Phosphoric Acid Revenue by Countries (2018-2023)
Table Europe Phosphoric Acid Revenue Market Share by Countries (2018-2023)
Table Europe Phosphoric Acid Sales by Countries (2018-2023)
Table Europe Phosphoric Acid Sales Market Share by Countries (2018-2023)
Table Europe Phosphoric Acid Sales by Types (2018-2023)
Table Europe Phosphoric Acid Sales Market Share by Types (2018-2023)
Table Europe Phosphoric Acid Sales by Applications (2018-2023)
Table Europe Phosphoric Acid Sales Market Share by Applications (2018-2023)
Figure Germany Phosphoric Acid Revenue and Growth (2018-2023)
Figure Germany Phosphoric Acid Sales and Growth (2018-2023)
Figure France Phosphoric Acid Revenue and Growth (2018-2023)
Figure France Phosphoric Acid Sales and Growth (2018-2023)
Figure UK Phosphoric Acid Revenue and Growth (2018-2023)
Figure UK Phosphoric Acid Sales and Growth (2018-2023)
Figure Italy Phosphoric Acid Revenue and Growth (2018-2023)
Figure Italy Phosphoric Acid Sales and Growth (2018-2023)
Figure Russia Phosphoric Acid Revenue and Growth (2018-2023)
Figure Russia Phosphoric Acid Sales and Growth (2018-2023)
Figure Spain Phosphoric Acid Revenue and Growth (2018-2023)
Figure Spain Phosphoric Acid Sales and Growth (2018-2023)
Figure Nordic Phosphoric Acid Revenue and Growth (2018-2023)
Figure Nordic Phosphoric Acid Sales and Growth (2018-2023)
Table Latin America Phosphoric Acid Revenue by Countries (2018-2023)
Table Latin America Phosphoric Acid Revenue Market Share by Countries (2018-2023)
Table Latin America Phosphoric Acid Sales by Countries (2018-2023)
Table Latin America Phosphoric Acid Sales Market Share by Countries (2018-2023)
Table Latin America Phosphoric Acid Sales by Types (2018-2023)
Table Latin America Phosphoric Acid Sales Market Share by Types (2018-2023)
Table Latin America Phosphoric Acid Sales by Applications (2018-2023)
Table Latin America Phosphoric Acid Sales Market Share by Applications (2018-2023)
Figure Brazil Phosphoric Acid Revenue and Growth (2018-2023)
Figure Brazil Phosphoric Acid Sales and Growth (2018-2023)
Figure Argentina Phosphoric Acid Revenue and Growth (2018-2023)
Figure Argentina Phosphoric Acid Sales and Growth (2018-2023)
Figure Mexico Phosphoric Acid Revenue and Growth (2018-2023)
Figure Mexico Phosphoric Acid Sales and Growth (2018-2023)
Table Middle East & Africa Phosphoric Acid Revenue by Countries (2018-2023)
Table Middle East & Africa Phosphoric Acid Revenue Market Share by Countries (2018-2023)
Table Middle East & Africa Phosphoric Acid Sales by Countries (2018-2023)
Table Middle East & Africa Phosphoric Acid Sales Market Share by Countries (2018-2023)
Table Middle East & Africa Phosphoric Acid Sales by Types (2018-2023)
Table Middle East & Africa Phosphoric Acid Sales Market Share by Types (2018-2023)
Table Middle East & Africa Phosphoric Acid Sales by Applications (2018-2023)
Table Middle East & Africa Phosphoric Acid Sales Market Share by Applications (2018-2023)
Figure Egypt Phosphoric Acid Revenue and Growth (2018-2023)
Figure Egypt Phosphoric Acid Sales and Growth (2018-2023)
Figure South Africa Phosphoric Acid Revenue and Growth (2018-2023)
Figure South Africa Phosphoric Acid Sales and Growth (2018-2023)
Figure UAE Phosphoric Acid Revenue and Growth (2018-2023)
Figure UAE Phosphoric Acid Sales and Growth (2018-2023)
Figure Turkey Phosphoric Acid Revenue and Growth (2018-2023)
Figure Turkey Phosphoric Acid Sales and Growth (2018-2023)
Figure Saudi Arabia Phosphoric Acid Revenue and Growth (2018-2023)
Figure Saudi Arabia Phosphoric Acid Sales and Growth (2018-2023)
Table Global Phosphoric Acid Revenue by Players (2018-2023)
Table Global Phosphoric Acid Revenue Market Share by Players (2018-2023)
Figure Global Top 3 Companies Revenue Share in 2022
Figure Global Top 6 Companies Revenue Share in 2022
Table Global Phosphoric Acid Players Market Concentration Ratio (CR5) (2018-2023)
Table Phosphoric Acid Players Head Office, Business Provided
Table Mergers & Acquisitions
Table New Entrants and Expansion Plans
Table Mosaic Profile
Table Product Overview
Table Mosaic Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Mosaic Sales and Growth Rate
Figure Mosaic Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table OCP Profile
Table Product Overview
Table OCP Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure OCP Sales and Growth Rate
Figure OCP Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table PhosAgro Profile
Table Product Overview
Table PhosAgro Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure PhosAgro Sales and Growth Rate
Figure PhosAgro Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Yuntianhua Profile
Table Product Overview
Table Yuntianhua Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Yuntianhua Sales and Growth Rate
Figure Yuntianhua Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Nutrien Profile
Table Product Overview
Table Nutrien Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Nutrien Sales and Growth Rate
Figure Nutrien Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Maaden Profile
Table Product Overview
Table Maaden Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Maaden Sales and Growth Rate
Figure Maaden Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table WENGFU GROUP Profile
Table Product Overview
Table WENGFU GROUP Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure WENGFU GROUP Sales and Growth Rate
Figure WENGFU GROUP Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table EuroChem Profile
Table Product Overview
Table EuroChem Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure EuroChem Sales and Growth Rate
Figure EuroChem Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table IFFCO Profile
Table Product Overview
Table IFFCO Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure IFFCO Sales and Growth Rate
Figure IFFCO Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Tunisian Chemical Group (GCT) Profile
Table Product Overview
Table Tunisian Chemical Group (GCT) Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Tunisian Chemical Group (GCT) Sales and Growth Rate
Figure Tunisian Chemical Group (GCT) Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table ICL Profile
Table Product Overview
Table ICL Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure ICL Sales and Growth Rate
Figure ICL Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Hubei Xinyangfeng Fertilizer Profile
Table Product Overview
Table Hubei Xinyangfeng Fertilizer Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Hubei Xinyangfeng Fertilizer Sales and Growth Rate
Figure Hubei Xinyangfeng Fertilizer Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table UralChem Profile
Table Product Overview
Table UralChem Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure UralChem Sales and Growth Rate
Figure UralChem Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table ARKEMA GROUP Profile
Table Product Overview
Table ARKEMA GROUP Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure ARKEMA GROUP Sales and Growth Rate
Figure ARKEMA GROUP Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Others Profile
Table Product Overview
Table Others Phosphoric Acid Sales, Price, Revenue, Gross and Gross Margin (2018-2023)
Figure Others Sales and Growth Rate
Figure Others Revenue Market Share 2017-2022
Table Business Overview
Table Recent Developments and Plans
Table Global Phosphoric Acid Revenue Market Size Forecast by Type (2023-2029)
Table Global Phosphoric Acid Revenue Market Share Forecast by Type (2023-2029)
Table Global Phosphoric Acid Sales Market Size Forecast by Type (2023-2029)
Table Global Phosphoric Acid Sales Market Share Forecast by Type (2023-2029)
Table Global Phosphoric Acid Revenue Market Size by Application (2023-2029)
Table Global Phosphoric Acid Revenue Market Share by Application (2023-2029)
Table Global Phosphoric Acid Sales Market Size by Application (2023-2029)
Table Global Phosphoric Acid Sales Market Share by Application (2023-2029)
Figure Global Phosphoric Acid Revenue Forecast Market Size (2023-2029)
Figure Global Phosphoric Acid Sales Forecast Market Size (2023-2029)
Table Phosphoric Acid Revenue Forecast Market Size by Regions (2023-2029)
Table Phosphoric Acid Revenue Forecast Market Share by Regions (2023-2029)
Table Phosphoric Acid Sales Forecast Market Size by Regions (2023-2029)
Table Phosphoric Acid Sales Forecast Market Share by Regions (2023-2029)
Figure North America Phosphoric Acid Revenue Forecast Market Size (2023-2029)
Figure North America Phosphoric Acid Sales Forecast Market Size (2023-2029)
Figure Europe Phosphoric Acid Revenue Forecast Market Size (2023-2029)
Figure Europe Phosphoric Acid Sales Forecast Market Size (2023-2029)
Figure Asia-Pacific Phosphoric Acid Revenue Forecast Market Size (2023-2029)
Figure Asia-Pacific Phosphoric Acid Sales Forecast Market Size (2023-2029)
Figure Latin America Phosphoric Acid Revenue Forecast Market Size (2023-2029)
Figure Latin America Phosphoric Acid Sales Forecast Market Size (2023-2029)
Figure Middle East & Africa Phosphoric Acid Forecast Market Size (2023-2029)
Figure Middle East & Africa Phosphoric Acid Sales Forecast Market Size (2023-2029)
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Table Raw Materials Analysis
Table Labor Cost Analysis
Table Manufacturing Expenses Analysis
Figure Manufacturing Process Analysis of Phosphoric Acid
Figure Phosphoric Acid Industrial Chain Analysis
Table Distributors of Phosphoric Acid with Contact Information
Table Major Customers of Phosphoric Acid with Contact Information
Table Market Trends Analysis
Table Market Drivers Analysis
Table Market Challenges Analysis
Table Market Restraints Analysis