North America Phosphatic Fertilizer Market is Estimated to Reach $5,632.8 Million in 2019

The North America Phosphatic Fertilizer Market report defines and segments the Phosphatic fertilizers market in North America with analysis and forecast of revenue. The Phosphatic fertilizers market in North America is estimated to grow from around $4,321.38 million in 2014 to $4,462.05 million by 2019, at a CAGR of 0.64% from 2014 to 2019.

Browse through the TOC of North America Phosphatic Fertilizer Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American well intervention market, and is supported by various tables and figures.

Despite the rising costs of engaging in business, strong demand and rising farm profits in North America have given the Phosphatic fertilizers market enough support to boost the previously lagging spring and summer fertilizer buying numbers. There has been an increasing thrust on the use of fertilizers for producing bio-fuels. U.S. and later Canada recently succeeded in producing Shale gas and thereby replacing it with natural gas used for various production processes. This has brought down the cost of production. The lowered energy prices have made the fertilizer affordable to many sections of farmers. As a result of which there is an increase in demand of phosphate fertilizers. The most preferred phosphatic fertilizer in North America is mono ammonium phosphate (DAP).

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U.S. is the major market acquiring 71.09% of the total market revenue in the year 2014. Mexico is the emerging market in the North American phosphatic fertilizer industry.

This market is segmented and forecasted on the basis of types of phosphatic fertilizers, such as diammonium phosphate, monoammonium phosphate, superphosphate and others. It is also segmented on the basis of application, such as grains & cereals, fruits & vegetables, and others. The market is further segmented and forecasted on the basis of major countries, such as the U.S., Mexico and Canada.

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This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide well intervention services.

Related Report:

Europe Phosphatic Fertilizer Market

The European Phosphatic Fertilizers Market is estimated to grow at CAGR of 1.4 %, in the period of 2014 to 2019. Phosphorus is the 11th most abundant element in the earth’s crust. However, the soil from which plants obtain phosphorus contains only small amounts of it.

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