The report "Phosphate Fertilizers Market by type (Dammonium Phosphate, Monoammonium Phosphate, Superphosphate), by application (Grain & Oilseed, Fruit & Vegetable) & Geography - Global Trends & Forecast to 2018", defines and segments the global phosphatic fertilizers market with an analysis and forecast of its global value. It also identifies the driving and restraining factors for the global Phosphatic Fertilizers market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and the values have been forecasted on the basis of major regions such as North America, Europe, APAC (Asia-Pacific), and Rest of the World (ROW).
Browse 122 market data tables, 50 figures spread through 245 pages and in-depth TOC on "Phosphate Fertilizers Market - Global Trends & Forecast to 2018"
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Phosphatic fertilizers include diammonium phosphate, monoammonium phosphate, superphosphate, and others. These phosphatic fertilizers are applied on soil for different crops that include grain & oilseed, fruit & vegetable, and others. The chemical or inorganic fertilizers are commercially produced in the form of granules or powders. The economic slowdown in the past two to three years has affected various industries that include the agriculture industry. However, in 2012, the Asia-Pacific region dominated the global fertilizers market with approximately 62% of the shares.
Rapid growth in population necessitates higher food production. This is motivating farmers to utilize optimum quality fertilizers to procurehigher yields. The key phosphatic fertilizers are diammonium phosphate (DAP), monoammonium phosphate (MAP), and superphosphates. The consumption of DAP and superphosphate fertilizers is comparatively higher among phosphatic fertilizers to the extent of 30% and 38%, respectively. Geographically, the Asia-Pacific region has the highest demand for phosphatic fertilizers, which accounted for a share of 63.09% in 2012. After Asia-Pacific, the Latin American regions have great potential for future growth of the phosphatic fertilizers market.
This research report categorizes the global Phosphatic Fertilizers Market on the basis of type, application, and geography. The global phosphatic fertilizer market generated a value of $51,465.9 million in 2012 and is projected to grow at a CAGR of 3.2% by 2018.
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