Phosphoric acid is a colorless and odorless phosphorous-containing inorganic mineral acid. It is used in medicine, dentistry, fertilizer manufacturing, and many other applications. It belongs to a class of non-metal phosphates and acts as a sequestering agent that binds many divalent cations. The molecules of phosphoric acid combine with themselves and form various compounds. Phosphoric acid is available as a clear-colorless liquid and transparent crystalline solid. It is commonly known as orthophosphoric acid or phosphoric(V) acid.
Technavios analysts forecast the global phosphoric acid market to grow at a CAGR of 2.21% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global phosphoric acid market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
North America
APAC
Europe
ROW
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Technavio's report, Global Phosphoric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
The Mosaic Company
OCP
PhosAgro
PotashCorp
Sinofert Holdings
Other prominent vendors
Acron
Agrium
Arkema
CF Industries Holdings
EUROCHEM
GCT
Guizhou Kailin
IFFCO
ICL
Jordan Phosphates Mines Company
Maaden
URALCHEM
Vale
WengFu Group
Yara
Market driver
Subsidies for sale of fertilizers in developing economies
For a full, detailed list, view our report
Market challenge
Increased adoption of genetically modified (GM) seeds
For a full, detailed list, view our report
Market trend
Increased foreign investments and joint ventures
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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