The Global Phosphorus Chemicals Market report defines and segments the concerned market with analysis and forecast of revenue. This market is estimated to cross $73,217.55 million by 2019, at a CAGR of 3.44% during the forecast period.
Browse through the TOC of Global Phosphorus Chemicals Market for an analysis of industry trends, segments & forecasts.
Phosphorus being a naturally occurring resource is available in limited quantities. Extensive usage and wastage of phosphorous could lead to a scenario with no phosphorus available. Hence, it should be used in a sustained manner to last for a longer time. The governments of various countries are taking an initiative to streamline the use of resources.
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There are numerous derivatives of phosphorus, where each derivative applies to a number of applications. The major derivatives are ammonium phosphate, industrial phosphate (calcium, potassium and other metallic salts of phosphorus), phosphoric acid, phosphorus chlorides, phosphorus oxides and phosphorus pentasulfide, which cover most of the phosphorus and its derivatives market. Ammonium phosphates hold a major market share among all derivatives, due to extensive demand in the fertilizer industry.
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The Global Phosphorus Chemical Market is witnessing a high growth due to the economic growth within the emerging markets causing the rising demand in various applications. The report estimates the size of the Global Phosphorus Chemical Market both in terms of volume and value. The report provides a comprehensive overview of the key market drivers, challenges and issues.
The market study segments the Global Phosphorus Chemical Market with respect to major regions including Americas, Europe, Asia-Pacific, Oceania region and Middle East & Africa. The major applications covered in the Global Phosphorus Chemical Market are fertilizers, detergents, food industry, water treatment chemicals, metal finishing and flame retardants.
Some of the key players in the global phosphorus chemical market are OCP SA (Morocco), The Mosaic Company (U.S.) Prayon S.A. (Belgium), Kazphosphate LLC (Kazakhstan) and Innophos Holdings Inc. (U.S.), and others.
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