Scope of the Study
Monoammonium phosphate, also known as ammonium dihydrogen phosphate, is a chemical compound widely used as a source of phosphorus (P) and nitrogen (N). It has been an important granular fertilizer for many years. It is a water-soluble compound, which dissolves rapidly in adequately moist soil. It is also used as a feed ingredient for animals and in dry chemical fire extinguishers commonly found in offices, schools and homes. The use of Monoammonium phosphate as a fertilizer holds around 40% share of the market and is expected to grow further due to the increasing use of fertilizers in the agricultural countries such as India and Brazil.
The market study is being classified by Type (Food Grade, Pharma Grade, Fertilizer Grade and Industrial Grade), by Application (Food & Beverage, Pharmaceutical, Health & Personal Care, Agriculture/Animal Feed/Poultry and Others) and major geographies with country level break-up.
EuroChem Group (Switzerland), Ma’aden (Saudi Arabia), OCP Group (Morocco), PhosAgro (Russia), The Mosaic Company (United States), URALCHEM (Russia), J B Chemicals and Pharmaceuticals Ltd (India), Hubei Liushugou Mining Industry Group (China), Sichuan Chuanxi Xingda Chemical (China) and Mosaic Crop Nutrition, LLC (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Haifa Chemicals Ltd. (Israel), Lifosa (Lithuania), Prayon S.A. (Belgium) and HELM AG (Germany).
Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Monoammonium Phosphate market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Monoammonium Phosphate market by Type, Application and Region.
On the basis of geography, the market of Monoammonium Phosphate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Demand for Agricultural Fertilizers
- Increasing Use of Monoammonium Phosphate in Animal Feed
- Increasing Use for Various Industrial Applications
- Increase in the Demand for Organic Fertilizers
- Fluctuations in the Raw Material Prices
- Growing Adoption of Precision Farming in Developed and Developing Countries
- Growing Demand from Various Industries
- Stringent Government Rules and Regulations
Key Target AudienceMonoammonium Phosphate Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase