Global ammonium phosphate market is invigorated by growing consumption in fire control applications. Despite environmental implications, inordinate utilization of ammonium phosphate in fertilizers will remain prevalent over the forecast period. Farmers are using ammonium phosphate based fertilizers on account of rising need for enhanced yield.
Having exceeded revenues of USD 40 Bn in 2018, the market is projected to witness the upward growth trend during 2019-2029. Role of ammonium phosphate as firming agent and acidity regulator is driving the market growth. The global ammonium phosphate market is set to exhibit moderate growth at approximately 3.3% CAGR over the projection period.
Fire extinguishers are deployed in most frequented areas such as schools, offices, and homes. Flame retardant applications utilize monobasic ammonium phosphate which is a crucial ingredient in fire extinguishers based on dry chemical powder. Ammonium phosphate breaks off the oxygen supply and forms a coating over the source thereby smothering the fire.
Monobasic ammonium phosphate is present in pressurized form inside the fire extinguishers. These are also the most commonly used fire extinguishers, particularly in homes. Ammonium phosphate based fire extinguishers are increasingly being used to control electrical fires or fires generated from grease, gasoline or combustible substances such as wood.
Mono-ammonium Phosphate (MAP) is a chief component of granular fertilizer. The pH regulation and water solubility are two most sought-after attributes of MAP. Farmers continue to prefer ammonium phosphate for sustained and healthy growth of plants. The augmented demand for MAP in high-pH soils is particularly fuelling the market.
In suspension fertilizers, ammonium phosphate is used in powdered form. Moreover, MAP has good handling and storage properties which are boosting its demand among consumers. However, the ongoing debate over the potential environmental impact of ammonium phosphate based fertilizers is limiting the market growth.
Rising population in Asia Pacific has led to an upheaval in demand for fertilizers in the region. Majority of the demand for ammonium phosphate will be generated from countries such as India and China. Moreover, proliferation of fertilizer plants in the region is supplementing the growth of ammonium phosphate market.
The ammonium phosphate market in Europe and North America is projected to witness relatively moderate growth during the forecast period. Stringent regulatory norms regarding the use of inorganic fertilizers are hindering the growth of ammonium phosphate market in the region. The primary focus of manufacturers in these two regions is on the use of organic fertilizers.
Some of the market players featured in this report are Lanxess AG, Solvay S.A., OCP SA, Jordan Phosphate Mines Company, Wengfu Group, Yara International ASA, Coromandel International Ltd., Nutrien Ltd., Haifa Group, Innophos, Forbes Pharmaceuticals, Jordan Phosphate Mines Company, Israel Chemicals Ltd., and Prayon SA.
Most forward-thinking companies continue to form joint ventures for global operational expansion. For instance, National Fertilizers, a state-owned fertilizer firm of India, announced joint venture with a company in Algeria to build a Di-ammonium Phosphate plant in the country. Market players must shift their focus towards Asia Pacific region in view of enormous demand for ammonium phosphate.
The global ammonium phosphate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Table 1: Global Ammonium Phosphate Market Size (US$ Mn) and Volume (KT) Forecast by Product Type, 2014-2029
Table 2: Global Ammonium Phosphate Market Size (US$ Mn) and Volume (KT) Forecast by Application, 2014-2029
Table 3: Global Ammonium Phosphate Market Size (US$ Mn) and Volume (KT) Forecast by Region, 2014-2029
Table 4: Global Ammonium Phosphate Market Size (US$ Mn) and Volume (KT) Forecast by Region, 2014-2029
Table 5: North America Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Country
Table 6: North America Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Product Type
Table 7: North America Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Application
Table 8: Latin America Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Country
Table 9: Latin America Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Product Type
Table 10: Latin America Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Application
Table 11: Europe Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Country
Table 12: Europe Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Product Type
Table 13: Europe Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Application
Table 14: MEA Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Country
Table 15: MEA Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Product Type
Table 16: MEA Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Application
Table 17: Asia Pacific Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Country
Table 18: Asia Pacific Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Product Type
Table 19: Asia Pacific Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Application
Table 20: China Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Product Type
Table 21: China Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Application
Table 22: India Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Product Type
Table 23: India Ammonium Phosphate Market Value (US$ Mn) and Volume (KT) by Application
Figure 1: Global Ammonium Phosphate Market Size (US$ Mn) and Volume (KT) Analysis, 2018-2029
Figure 2: Global Ammonium Phosphate Market Value Y-O-Y Growth Projection, 2019-2029
Figure 3: Global Ammonium Phosphate Market Absolute $ Opportunity Analysis, 2018-2029
Figure 4: Global Ammonium Phosphate Market Share and BPS Analysis by Product Type - 2019 & 2029
Figure 5: Global Ammonium Phosphate Market Y-o-Y Growth Projections by Product Type, 2019 - 2029
Figure 6: Global Ammonium Phosphate Market Attractiveness Analysis by Product Type, 2019-2029
Figure 7: Global Ammonium Phosphate Market Share and BPS Analysis by Application- 2019 & 2029
Figure 8: Global Ammonium Phosphate Market Y-o-Y Growth Projections by Application, 2019 - 2029
Figure 9: Global Ammonium Phosphate Market Attractiveness Analysis by Application, 2019-2029
Figure 10: Global Ammonium Phosphate Market Share and BPS Analysis by Region- 2019 & 2029
Figure 11: Global Ammonium Phosphate Market Y-o-Y Growth Projections by Region, 2019 - 2029
Figure 12: North America Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 13: Latin America Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 14: Europe Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 15: Asia Pacific Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 16: MEA Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 17: Global Ammonium Phosphate Market Attractiveness Analysis by Region, 2019-2029
Figure 18: North America Ammonium Phosphate Market BPS Analysis by Country, 2019 & 2029
Figure 19: North America Ammonium Phosphate Market Y-o-Y Growth by Country, 2019 -2029
Figure 20: North America Ammonium Phosphate Market Attractiveness Analysis by Country, 2019
Figure 21: U.S. Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 22: Canada Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 23: North America Ammonium Phosphate Market BPS Analysis by Product Type, 2019 & 2029
Figure 24: North America Ammonium Phosphate Market Y-o-Y Growth by Product Type, 2019 -2029
Figure 25: North America Ammonium Phosphate Market Attractiveness Analysis by Product Type, 2019
Figure 26: North America Ammonium Phosphate Market BPS Analysis by Application, 2019 & 2029
Figure 27: North America Ammonium Phosphate Market Y-o-Y Growth by Application, 2019 -2029
Figure 28: North America Ammonium Phosphate Market Attractiveness Analysis by Application, 2019
Figure 29: Latin America Ammonium Phosphate Market BPS Analysis by Country, 2019 & 2029
Figure 30: Latin America Ammonium Phosphate Market Y-o-Y Growth by Country, 2019 -2029
Figure 31: Latin America Ammonium Phosphate Market Attractiveness Analysis by Country, 2019
Figure 32: Brazil Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 33: Mexico Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 34: Rest of Latin America Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 35: Latin America Ammonium Phosphate Market BPS Analysis by Product Type, 2019 & 2029
Figure 36: Latin America Ammonium Phosphate Market Y-o-Y Growth by Product Type, 2019 -2029
Figure 37: Latin America Ammonium Phosphate Market Attractiveness Analysis by Product Type, 2019
Figure 38: Latin America Ammonium Phosphate Market BPS Analysis by Application, 2019 & 2029
Figure 39: Latin America Ammonium Phosphate Market Y-o-Y Growth by Application, 2019 -2029
Figure 40: Latin America Ammonium Phosphate Market Attractiveness Analysis by Application, 2019
Figure 41: Europe Ammonium Phosphate Market BPS Analysis by Country, 2019 & 2029
Figure 42: Europe Ammonium Phosphate Market Y-o-Y Growth by Country, 2019 -2029
Figure 43: Europe Ammonium Phosphate Market Attractiveness Analysis by Country, 2019
Figure 44: Germany Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 45: U.K. Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 46: France Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 47: Spain Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 48: Italy Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 49: Russia Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 50: Rest of Europe Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 51: Europe Ammonium Phosphate Market BPS Analysis by Product Type, 2019 & 2029
Figure 52: Europe Ammonium Phosphate Market Y-o-Y Growth by Product Type, 2019 -2029
Figure 53: Europe Ammonium Phosphate Market Attractiveness Analysis by Product Type, 2019
Figure 54: Europe Ammonium Phosphate Market BPS Analysis by Application, 2019 & 2029
Figure 55: Europe Ammonium Phosphate Market Y-o-Y Growth by Application, 2019 -2029
Figure 56: Europe Ammonium Phosphate Market Attractiveness Analysis by Application, 2019
Figure 57: MEA Ammonium Phosphate Market BPS Analysis by Country, 2019 & 2029
Figure 58: MEA Ammonium Phosphate Market Y-o-Y Growth by Country, 2019 -2029
Figure 59: MEA Ammonium Phosphate Market Attractiveness Analysis by Country, 2019
Figure 60: GCC Countries Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 61: Northern Africa Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 62: Turkey Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 63: South Africa Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 64: Rest of MEA Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 65: MEA Ammonium Phosphate Market BPS Analysis by Product Type, 2019 & 2029
Figure 66: MEA Ammonium Phosphate Market Y-o-Y Growth by Product Type, 2019 -2029
Figure 67: MEA Ammonium Phosphate Market Attractiveness Analysis by Product Type, 2019
Figure 68: MEA Ammonium Phosphate Market BPS Analysis by Application, 2019 & 2029
Figure 69: MEA Ammonium Phosphate Market Y-o-Y Growth by Application, 2019 -2029
Figure 70: MEA Ammonium Phosphate Market Attractiveness Analysis by Application, 2019
Figure 71: Asia Pacific Ammonium Phosphate Market BPS Analysis by Country, 2019 & 2029
Figure 72: Asia Pacific Ammonium Phosphate Market Y-o-Y Growth by Country, 2019 -2029
Figure 73: Asia Pacific Ammonium Phosphate Market Attractiveness Analysis by Country, 2019
Figure 74: China Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 75: India Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 76: Japan Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 77: South Korea Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 78: ASEAN Countries Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 79: Rest of Asia Pacific Ammonium Phosphate Market Absolute $ Opportunity, 2014 to 2018 and 2029
Figure 80: Asia Pacific Ammonium Phosphate Market BPS Analysis by Product Type, 2019 & 2029
Figure 81: Asia Pacific Ammonium Phosphate Market Y-o-Y Growth by Product Type, 2019 -2029
Figure 82: Asia Pacific Ammonium Phosphate Market Attractiveness Analysis by Product Type, 2019
Figure 83: Asia Pacific Ammonium Phosphate Market BPS Analysis by Application, 2019 & 2029
Figure 84: Asia Pacific Ammonium Phosphate Market Y-o-Y Growth by Application, 2019 -2029
Figure 85: Asia Pacific Ammonium Phosphate Market Attractiveness Analysis by Application, 2019
Figure 86: China Ammonium Phosphate Market BPS Analysis by Product Type, 2019 & 2029
Figure 87: China Ammonium Phosphate Market Y-o-Y Growth by Product Type, 2019 -2029
Figure 88: China Ammonium Phosphate Market Attractiveness Analysis by Product Type, 2019
Figure 89: China Ammonium Phosphate Market BPS Analysis by Application, 2019 & 2029
Figure 90: China Ammonium Phosphate Market Y-o-Y Growth by Application, 2019 -2029
Figure 91: China Ammonium Phosphate Market Attractiveness Analysis by Application, 2019
Figure 92: India Ammonium Phosphate Market BPS Analysis by Product Type, 2019 & 2029
Figure 93: India Ammonium Phosphate Market Y-o-Y Growth by Product Type, 2019 -2029
Figure 94: India Ammonium Phosphate Market Attractiveness Analysis by Product Type, 2019
Figure 95: India Ammonium Phosphate Market BPS Analysis by Application, 2019 & 2029
Figure 96: India Ammonium Phosphate Market Y-o-Y Growth by Application, 2019 -2029
Figure 97: India Ammonium Phosphate Market Attractiveness Analysis by Application, 2019
The ammonium phosphate market is likely to secure a CAGR of 3.3% through 2032.
The ammonium phosphate market size is estimated to cross USD 63.02 Bn by 2032.
The ammonium phosphate market is likely to record a value of USD 45.55 Bn in 2022.
Asia Pacific is likely to lead the ammonium phosphate market.
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Ammonium Phosphate Market
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