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Report
Global Mono Ammonium Phosphate Market Report and Forecast 2024-2032
Market Report I 2023-11-23 I 150 Pages I EMR Inc.
Global Mono Ammonium Phosphate Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global mono ammonium phosphate market is projected to grow at a CAGR of 2% between 2024 and 2032. Aided by its extensive use in fertilisers and a variety of industrial applications, the market is expected to grow significantly by 2032.
Mono ammonium phosphate (MAP), with its chemical formula NH4H2PO4, is a highly efficient source of phosphorus and nitrogen for plants. It is widely used in the agricultural sector as a high-quality, water-soluble fertiliser. Beyond agriculture, MAP finds applications in flame retardants, food additives, and even in the electronics industry as a component in manufacturing certain types of semiconductors.
The robust mono ammonium phosphate market growth is largely fuelled by the expanding agricultural sector. As global populations continue to surge, the demand for enhanced crop yields and more efficient fertilisers has become paramount. MAP, with its balanced nutrient profile and high solubility, has emerged as a preferred choice for farmers worldwide. Moreover, its low pH levels make it particularly suitable for alkaline soils, thus broadening its applicability in diverse agricultural settings.
Additionally, the trend toward precision agriculture and sustainable farming practices has influenced the mono ammonium phosphate market outlook. MAP's ability to provide essential nutrients in a controlled manner aligns well with the principles of precision farming, which aims at maximising productivity while minimising environmental impact.
The expanding role of MAP in various industrial applications is also a key factor driving market growth. In the domain of flame retardants, mono ammonium phosphate is prized for its effectiveness in suppressing fires, especially in forest management and in the textiles industry. Furthermore, its role as a leavening agent in the food industry and its use in the electronics sector for the production of certain high-performance components underscore its versatility and the breadth of its market appeal.
According to the mono ammonium phosphate market analysis, the burgeoning demand for food additives, driven by the global increase in food production and consumption, also contributes significantly to the growth of the MAP market. As a food additive, MAP serves as a pH regulator and a nutrient supplement, enhancing both the quality and nutritional value of various food products.
Market Segmentation
The market can be divided based on application and region.
Market Breakup by Application
- Fertilisers
- Industrial
- Feed
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global mono ammonium phosphate market. Some of the major players explored in the report by Expert Market Research are as follows:
- Haifa Group
- ICL Group Ltd.
- Nutrien Ltd.
- Prayon S.A
- Sichuan Blue Sword Chemical (Group) Co. Ltd
- Wuhan Waking Lion Chemicals Co., Ltd
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Mono Ammonium Phosphate Market Analysis
8.1 Key Industry Highlights
8.2 Global Mono Ammonium Phosphate Historical Market (2018-2023)
8.3 Global Mono Ammonium Phosphate Market Forecast (2024-2032)
8.4 Global Mono Ammonium Phosphate Market by Application
8.4.1 Fertilizers
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Industrial
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Feed
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Mono Ammonium Phosphate Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Trade Data Analysis (HS Code-310540)
13.1 Major Exporting Countries: by Value & Volume
13.2 Major Importing Countries: by Value & Volume
14 Feedstock Analysis
14.1 Ammonia
14.2 Phosphoric Acid
14.3 Global Ammonia Market Analysis
14.3.1 Global Ammonia Historical Market (2018-2023)
14.3.2 Global Ammonia Market Forecast (2024-2032)
14.3.3 Global Ammonia Market by Application
14.3.3.1 Fertilizers
14.3.3.2 Refrigerants
14.3.3.3 Pharmaceuticals
14.3.3.4 Textiles
14.3.3.5 Others
14.3.4 Global Ammonia Market by Regions
14.3.4.1 North America
14.3.4.2 Europe
14.3.4.3 Asia Pacific
14.3.4.4 Latin America
14.3.4.5 Middle East and Africa
14.4 Ammonia Price Analysis
14.5 Global Ammonia Trade Analysis (HS Code-2814)
14.5.1 Major Importing Countries: by Value & Volume
14.5.2 Major Exporting Countries: by Value & Volume
14.6 Global Phosphoric Acid Market Analysis
14.6.1 Global Phosphoric Acid Historical Market (2018-2023)
14.6.2 Global Phosphoric Acid Market Forecast (2024-2032)
14.6.3 Global Phosphoric Acid Market by Application
14.6.3.1 Fertilizer
14.6.3.2 Industrial
14.6.3.3 Feed
14.6.3.4 Others
14.6.4 Global Phosphoric Acid Market by Regions
14.6.4.1 North America
14.6.4.2 Europe
14.6.4.3 Asia Pacific
14.6.4.4 Latin America
14.6.4.5 Middle East and Africa
14.7 Phosphoric Acid Price Analysis
14.8 Global Phosphoric Acid Trade Analysis (HS Code- 280920)
14.8.1 Major Importing Countries: by Value & Volume
14.8.2 Major Exporting Countries: by Value & Volume
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Haifa Group
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 ICL Group Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Nutrien Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Prayon S.A
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Sichuan Blue Sword Chemical (Group) Co. Ltd
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Wuhan Waking Lion Chemicals Co., Ltd
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Industry Events and Developments
List of Key Figures and Tables
1. Global Mono Ammonium Phosphate Market: Key Industry Highlights, 2017 and 2027
2. Global Mono Ammonium Phosphate Historical Market: Breakup by Application (MMT), 2018-2023
3. Global Mono Ammonium Phosphate Market Forecast: Breakup by Application (MMT), 2024-2032
4. Global Mono Ammonium Phosphate Historical Market: Breakup by Region (MMT), 2018-2023
5. Global Mono Ammonium Phosphate Market Forecast: Breakup by Region (MMT), 2024-2032
6. North America Mono Ammonium Phosphate Historical Market: Breakup by Country (MMT), 2018-2023
7. North America Mono Ammonium Phosphate Market Forecast: Breakup by Country (MMT), 2024-2032
8. Europe Mono Ammonium Phosphate Historical Market: Breakup by Country (MMT), 2018-2023
9. Europe Mono Ammonium Phosphate Market Forecast: Breakup by Country (MMT), 2024-2032
10. Asia Pacific Mono Ammonium Phosphate Historical Market: Breakup by Country (MMT), 2018-2023
11. Asia Pacific Mono Ammonium Phosphate Market Forecast: Breakup by Country (MMT), 2024-2032
12. Latin America Mono Ammonium Phosphate Historical Market: Breakup by Country (MMT), 2018-2023
13. Latin America Mono Ammonium Phosphate Market Forecast: Breakup by Country (MMT), 2024-2032
14. Middle East and Africa Mono Ammonium Phosphate Historical Market: Breakup by Country (MMT), 2018-2023
15. Middle East and Africa Mono Ammonium Phosphate Market Forecast: Breakup by Country (MMT), 2024-2032
16. Major Exporting Countries by Value
17. Major Importing Countries by Value
18. Major Exporting Countries by Volume
19. Major Importing Countries by Volume
20. Global Ammonia Market 2018-2028
21. Global Ammonia Historical Market: Breakup by Application (MMT), 2018-2023
22. Global Ammonia Market Forecast: Breakup by Application (MMT), 2024-2032
23. Global Ammonia Historical Market: Breakup by Region (MMT), 2018-2023
24. Global Ammonia Market Forecast: Breakup by Region (MMT), 2024-2032
25. Major Ammonia Exporting Countries by Value
26. Major Ammonia Importing Countries by Value
27. Major Ammonia Exporting Countries by Volume
28. Major Ammonia Importing Countries by Volume
29. Global Phosphoric Acid Market 2018-2028
30. Global Phosphoric Acid Historical Market: Breakup by Application (MMT), 2018-2023
31. Global Phosphoric Acid Market Forecast: Breakup by Application (MMT), 2024-2032
32. Global Phosphoric Acid Historical Market: Breakup by Region (MMT), 2018-2023
33. Global Phosphoric Acid Market Forecast: Breakup by Region (MMT), 2024-2032
34. Major Phosphoric Acid Exporting Countries by Value
35. Major Phosphoric Acid Importing Countries by Value
36. Major Phosphoric Acid Exporting Countries by Volume
37. Major Phosphoric Acid Importing Countries by Volume
38. Global Mono Ammonium Phosphate Market Structure
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