#Single Superphosphate (SSP) Market Forecast

[nandinisthings]

Single superphosphate (SSP) market was calculated US$ 3.30 Bn in 2023 in terms of value and is expected to reach 4.40 Bn. by 2030, at a CAGR of 4.2% during a forecast period.

[sanjay-chem]

Phosphate Fertilizer Market Size, Share, Demand and Trends by 2022-2032

The phosphate fertilizers market is expected to observe growth at a CAGR of 5.5% and touch valuation of USD 105.27 bn by 2032, while it holds a revenue of USD 65.02 Bn in 2022.

Phosphate fertilizer helps the whole plant growth and development including the ripening of seed and fruit. Demand for phosphate fertilizer is attributed to factors like factors shifting from traditional fertilizers to smart fertilizers.

Growing agriculture producers that are used as fertilizers around the world coupled with their use on various grains to enhance the quality and improve the growth while promoting the root growth are fueling the sales of phosphate fertilizer in new markets.

Other factors that trigger the sales of phosphate fertilizer are rising with the farming and irrigation technologies getting advanced with the latest farming trends. This advanced approach is there because of the decline in global crop production due to the changing climate and poor soil quality., pushing the sales of phosphate fertilizer.

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Key Takeaways from Market Study

According     to the phosphate fertilizer market analysis for the years 2022 to 2032,     monoammonium phosphate is dominating the product segment and holds more     than 31.0% of the share, attributing to the low costs of MAP and the high     level of phosphorus content in it, flourishing the demand for phosphate     fertilizers.

The     cereal & grains segment holds 46% of the global revenue in the     phosphate fertilizer market, owing to the growth of population demanding     more and more crop production for cereal & grains, thriving the sales     of phosphate fertilizer.

Asia     Pacific region holds the biggest share in phosphate fertilizer market,     holding the more than 61% share of the global market, attributing to the     agarin countries like India and China coupled with government investments     into agricultural research and development, expanding the phosphate     fertilizer market size globally.

“Phosphate fertilizer market report suggests that the global market is taking a turn as new organic movements are pushing the farmers and agricultural industry to opt for organic methods including organic fertilizers or methods. Agricultural strategy has been including organic content more than ever” says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of phosphate fertilizers are emphasizing research & development to offer better, effecting and more organic content holding product. Key players are working together and developing new product lines to enter unapproached market places. New market players also expand the research and development chains to make the product more effective and soil friendly, fueling the demand for phosphate fertilizers.

Agrium     and PotashCorp came together to combine their talent and best practices to     build a new company Nutrien Ltd. that is stronger and better equipped to     create value for all their stakeholders, fuelling the sales of phosphate     fertilizers.

Proagro     Group of Companies are expanding the production of its feed phosphates and     fertilizers by forecast rate of 25%, accounting for 11.7 million tonnes of     the product by 2025.

Recently,     The OCP Group introduced the plans to develop green ammonia as sustainable     raw material for use in fertilizers production, pushing the demand or     phosphate fertilizers.

Phosphate Fertilizer Market by Segmentation

By Product:

Monoammonium     Phosphate (MAP)

Diammonium     Phosphate (DAP)

Single     Superphosphate (SSP)

Triple     Superphosphate (TSP)

By Application:

Cereals     & Grains

Oilseeds     & Pulses

Fruits     & Vegetables

By Region:

North     America

Latin     America

Europe

East     Asia

South     Asia

Oceania

Middle     East and Africa

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity 

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Phosphate Fertilizer Market Analysis 2017-2021 and Forecast, 2022-2032

To be continued…!

Browse Full Report: https://www.futuremarketinsights.com/reports/phosphate-fertilizer-market

[esglatestmarketnews]

Phosphate Fertilizer Market by Top Companies And Forecast Report 2022-2040

The global phosphate fertilizer market size is estimated to reach USD 176.06 billion by 2040, registering a CAGR of 5.7% from 2022 to 2040, according to a new report by Grand View Research, Inc. Growth can be attributed to increasing demand for fertilizers for usage in agricultural applications and is expected to drive the growth of the market during the forecast period.

Phosphorus rocks are the key raw materials used to manufacture phosphate fertilizers. Globally, the U.S. is the leading producer and consumer of phosphate rocks, which are primarily used for the manufacturing of the product. Rising global demand for food is a significant factor driving the growth of phosphate fertilizer market.

Governments of major agrarian economies such as Brazil and India support the use of the product to improve crop yields. This has encouraged farmers and local entrepreneurs in these countries to increase the consumption of phosphate grades. In 2020, amid the COVID-19 pandemic, the prices of primary raw materials such as ammonia and sulfur increased sharply owing to supply restrictions and refinery curtailments.

The Asia Pacific is expected to register significant growth in the coming years owing to the agriculture, food, and horticulture industries as they are the key sectors for economic development, accounting for a substantial GDP share.

Phosphate Fertilizer Market Report Highlights

• The Asia Pacific is projected to have growth over the forecast period due to increasing agricultural production. In revenue terms, the APAC market is expected to expand at a CAGR of 5.8% between 2022 and 2040

• The global market will grow significantly owing to the factors such as increased demand from agricultural producers for a fertilizer that provides necessary nutrients such as nitrogen and potassium

• Cereals and grains appeared as the largest application segment in 2022 and is anticipated to grow at a CAGR of 5.8% between 2022 and 2040. The use of phosphoric fertilizer in cereals and grains is majorly increasing in the production of wheat owing to its increased demand

Fertilizer Industry Size was valued at USD 201.3 Million Tons in 2021 and is projected to expand at a CAGR of 1.2% during 2022 to 2030.

Phosphate Fertilizer Market Segmentation

Grand View Research has segmented the global phosphate fertilizer market report based on the product, application, and region:

Product Outlook (Volume, Thousand Tons; Revenue, USD Million, 2010 – 2040)

• Monoammonium Phosphate (MAP)

• Diammonium Phosphate (DAP)

• Single Superphosphate (SSP)

• Triple Superphosphate (TSP)

• Others

Application Outlook (Volume, Thousand Tons; Revenue, USD Million, 2010 – 2040)

• Cereals & Grains

• Oilseeds & Pulses

• Fruits & Vegetables

• Others

Regional Outlook (Volume, Thousand Tons; Revenue, USD Million, 2010 – 2040)

• North America

U.S.

Canada

Mexico

• Europe

Germany

U.K.

Italy

France

Russia

Finland

• Asia Pacific

China

India

Japan

Australia

Southeast Asia

• Central & South America

Brazil

Argentina

Chile

• Middle East & Africa

Saudi Arabia

Tunisia

Morocco

Egypt

Senegal

List of Key Players in the Phosphate Fertilizer Market

• Eurochem Group AG

• Agrium Inc.

• Potash Corp. of Saskatchewan Inc.

• Yara International ASA

• CF Industries Holdings Inc.

• Israel Chemicals Ltd.

• Coromandel International Ltd.

• The Mosaic Co.

• S.A OCP

• PJSC PhosAgro

Request free sample copy of Fertilizer Industry Data Book @ https://www.grandviewresearch.com/sector-report/fertilizer-industry-data-book/request/rs1

[marketresearchs]

Sulfur Fertilizers Market Size Forecast to Reach $5.3 Billion by 2025

Intensive Agricultural Practices, the Use of Improved Crop Varieties, and the Rise in Area Under Irrigation Are the Factors That Will Increase the Market Demand for Sulfur Fertilizers in the Near Future."

Sulfur Fertilizers Market size is forecast to reach $5.3 billion by 2025, after growing at a CAGR of 2.4% during 2020-2025. Factors such as the increase in sulfur deficiencies in the soil and high consumption of traditional sulfate fertilizers are likely to aid in the market growth of Sulfur Fertilizers. Intensive agricultural practices, the use of improved crop varieties, and the rise in area under irrigation are the factors that will increase the market demand for Sulfur Fertilizers during the forecast period.

Type - Segment Analysis

Fertilizers containing sulfur segment holds the largest share in the Sulfur Fertilizers market. Sulphate-containing fertilizers provide most of the fertilizer S applied to soils. These materials have the advantages of supplying S primarily as a component of multi-nutrient fertilizers in a form, SO4-2, that is immediately available for plant uptake. The most readily available and popular sources are ammonium sulphate (AS), single superphosphate (SSP), potassium sulphate, and potassium and magnesium sulphate. Ammonium sulphate (21-0-0-24S) is one of the oldest of N and S-containing fertilizers, and is still popular around the world. Ammonium sulphate is mostly produced as a co-product of other industries. Single Superphosphate was once the most important P source in the world and still is a major P fertilizer in China, India, Australia and New Zealand due to its P and S contents.

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Crop Type – Segment Analysis

Oilseeds & Pulses holds the largest market for the sulfur fertilizers market. Oilseeds and pulses are staple foods for millions of poor people in developing countries, an even more important role as cash crops. The most important crops in these categories are oil palm, beans (soybean, cowpeas, broad beans, red beans) and groundnuts. Further can be mentioned cashew, shea nut, sesame, sunflower, coconut and olives. Oilseeds and pulses add important nutritional value to the diet by high quality protein and/or vegetable oil, together with oil soluble vitamins like vitamin A. The postharvest practices for most of the seeds and beans consist of threshing, shelling or podding and drying, after which the product can be stored like grains. Critical in the drying and storage process is the prevention of contamination with fungi and Aflatoxin. Oil palm fruits need to be processed into palm oil soon after harvest.

Application - Segment Analysis

Barely Silage holds the largest holds the largest market for Sulphur Fertilizers market owing to the highest uptake of sulphate fertilizers. Barley silage was made at three dry matters, direct cut at soft dough maturity 36%, wilted to 40%, and 50%. These silages were fed with either 13% or 10.5% dietary crude protein in a 3 × 2 factorial design to 30 lactating Holsteins to test milk production response. Complete rations containing silages, ground corn, soybean meal, minerals, and vitamins supplied anticipated dietary needs except for protein. Barley silage is the main roughage fed in Western Canadian feedlots, but few barley breeders try to improve its feed quality. Most breeders focus on improved grain yields, malting characteristics and better disease and lodging resistance, and pay little attention to feed quality traits like protein, starch, or neutral detergent fiber (NDF) content and digestibility.

Geography - Segment Analysis

APAC dominated the Sulfur Fertilizers market with a share of more than 30%, followed by North America and Europe. Countries such as India and China are major players in this region. Major crops produced in Asia include rice, sugar beet, fruits & vegetables, cereals, and grains; the region consumes 90% of the global rice produced. There is a huge demand for sulfur fertilizers market in Asia Pacific due to the direct use of micronutrients to treat plant deficiencies and are often sprayed in combination or as additives. Micronutrients are essential elements that are used by plants in small quantities. For most micronutrients, crop uptake is less than one pound per acre. In spite of this low requirement, critical plant functions are limited if micronutrients are unavailable, resulting in plant abnormalities, reduced growth and lower yield.

Drivers – Sulfur Fertilizers Market

Increasing demand for Eatables

Various nutrients boost plant production and keep people all over the world fed and healthy, and enhanced efficiency fertilizers. The third category of essential crop nutrients: micronutrients. Micronutrients play a supporting role in overall plant health and development. Micronutrients promote essential plant processes and growth, which translates into nutrient-rich food for animals and humans. Micronutrients include boron, chlorine, copper, iron, manganese, molybdenum and zinc, which are often in short supply for growing crops. Owing to this the increasing usage of fertilizers the Sulfur Fertilizers market will grow.

Implementation of Governments Regulations

Governments globally are focusing on boosting their agriculture sector. Whereas Governments regulations such as Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) by Indian Government will help to grow the agriculture sector. Under the Scheme an income support of Rs.6000/- per year is provided to all farmer families across the country in three equal installments of Rs.2000/- each every four months, which will financially help the farmers let them focus more towards farming. And with the growth of agricultural sector the Sulfur Fertilizers market will grow.

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Challenges – Sulfur Fertilizers Market

Impact of COVID-19

The global Sulfur Fertilizers Market continues to be challenged by the lockdowns, logistical disturbances, reduced productions, and associated economic impacts of COVID-19. The global fertilizer sector has been affected since the outset, primarily in China, the world's largest producer as well as consumer of agriculture micronutrients. The outbreak of a novel coronavirus in China has to date had the most critical impact across the Chinese agriculture micronutrients sector, affecting the movement of both micronutrients products and raw materials in and out of the country. Moreover, this pandemic also expected to hit the agriculture micronutrients industry in the U.S., Brazil, India, and EU-5 countries.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Sulfur Fertilizers market. Major players in the Sulfur Fertilizers Market are Agrium, Coromandel International, Deepak Fertiliser And Petrochemical, Eurochem, ICL among others.

Acquisitions/Technology Launches

In March 2020, The Mosaic Company entered into an agreement with the Financial Technology Research Centre (FTRC) at the University of Adelaide in Australia to focus on enhanced fertilizer efficiency.

In February 2020, ICL announced the acquisition of Growers Holdings Inc. (US), an innovator in the field of data-driven farming, which provides information on fertilization and on-field applications.

Key Takeaways

Asia-Pacific dominates the Sulfur Fertilizers market owing to increasing demand from applications such as seed, Band.

Factors such as the increase in sulfur deficiencies in the soil and high consumption of traditional sulfate fertilizers are likely to aid in the market growth of Sulfur Fertilizers.

Intensive agricultural practices, the use of improved crop varieties, and the rise in area under irrigation are the factors that will increase the market demand for Sulfur Fertilizers in the near future.

COVID 19 pandemic will create hurdles for the Sulfur Fertilizers market.

Related Reports:

A. Fertilizers Market

https://www.industryarc.com/Report/1262/fertilizers-market-analysis.html

B. Phosphate Fertilizers Market

https://www.industryarc.com/Report/15160/phosphate-fertilizers-market.html

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[futuremarketinsightsreports]

Phosphate Sales to Surpass 51,331 KT by 2021 as Phosphate Fertilizers Gain Traction in Agrochemical Industry: Future Market Insights Study

The global phosphates market is projected to grow at 2.4% CAGR over the forecast period, driven by increasing demand for phosphates in agrochemical applications. Future Market Insights (FMI) states that, phosphates market will generate revenue reaching US$ 16.1 Bn in 2021.

Agricultural sector grew many folds over the past few years owing to high demand for cash crops and food along with rapid population growth in developing and developed economies. To cater to the rising food requirements, demand for fertilizers to boost the yield of arable land skyrocketed, thus boosting phosphate consumption.

Increasing demand for diammonium phosphate (DAP), monoammonium phosphate (MAP), single superphosphate (SSP) and triple superphosphate (TSP) fertilizers to counter the deteriorating nutritional value of the cultivating soil is predicted to boost the sales of phosphates in upcoming years.

Proactive steps from government to boost agricultural yield and promote the use and production of harmless fertilizers will positively influence the phosphate market growth in coming years.

The Indian government is investing increasingly to revive the agricultural sector and provide funding for crop protection and subsidized fertilizers to farmers. As overall gross domestic product (GDP) of India is highly dependent on agricultural sector, the demand for phosphates is expected to increase in the near future.

COVID-19 pandemic hindered the logistics and transport activities leading to sluggish trade and disrupted supply-chain network. With easing of strict lockdown restriction, the market is expected to recover in the next couple of years.

The market however enjoyed significant growth during the pandemic owing to increase in demand for food and beverages and rise in agricultural activities. The demand for animal feed and fertilizers also contributed towards the growth registered amid the pandemic.

"Rising industrialization and contracting agricultural land will considerable increase the sales of phosphate fertilizers during the forecast period. The rising demand for animal feed and population growth will create attractive opportunities for growth in the forthcoming years," says the FMI analyst.

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Key Takeaways

The U.S. phosphate market exhibited steady recovery post pandemic with 2.4% year-on-year growth in 2021. Sales uptick can be attributed to presence of large reserves of phosphate rocks in the country and increasing demand for phosphate based fertilizers among farmers in U.S.

Increasing population and increasing demand of fertilizers for production of animal fodder will drive the demand for phosphates in India. The market is expected to grow at 3.2% in 2021.

China accounts for more than 52% of global phosphate market in Asia Pacific region. Thriving agriculture sector and surge in food consumption to feed the growing Chinese population will drive the market growth in the country.

Morocco is one of the leading producer and exporter of phosphate rocks in the world. Morocco account for 14% of global market share in 2021. Availability of low cost labor and favorable government policies in chemical industry has created a conducive environment for market growth in the country.

Extensive use of ammonium phosphate in chemical fertilizers and decreasing fertility of soil will drive the ammonium phosphate market growth in China. Food and feed grade will emerge as a key segment showcasing highest growth rate due to increasing demand of phosphates in food and beverage industries.

The Mosaic Company, OCP Group, PhosAgro, Ma'aden-Saudi Arabian Mining Company, and EuroChem cumulatively account for 52.4% of the global market in 2021.

Competitive Landscape

Phosphate market is highly competitive with top five companies accounting for more than 50% of global market in 2021. To cater to rising demands, market players are investing towards expanding their production capacities and set-up new production plants in emerging countries of Asia Pacific region.

For instance, Ma'aden commissioned its US$ 900 million fertilizer plant in Ras Al-Khair in June 2021. This new project is a part of US$ 6.4 billion 'Phosphates 3' expansion plan of Ma'aden's phosphates fertilizer portfolio covering everything in mine-to-market development process of phosphates fertilizers.

Strategic merger and acquisition is on the cards, to expand their market foothold and increase their annual turnover.  Backwards integration to optimize productivity is emerging as a key area of focus among market players.

For instance,

Mosaic received the final U.S. Army Corps of Engineers 404 permit in January 2019, for Ona phosphate mining project in Florida and secured the rights to mine 160.2 million tons of phosphate rocks through mining.

Merger between PotashCorp and Agrium Inc. took place in 2017, leading to formation of Nutrien Ltd. This merger is considered as the greatest collaboration in the history of agricultural industry.

Some of the leading companies operating in the phosphates market are:

Nutrien Ltd.

The Mosaic Company

YARA International

EuroChem

Prayon SA

Ma'aden-Saudi Arabian Mining Company

PhosAgro

Jordan Phosphates Mines Company (PLC)

Aditya Birla Chemicals

Israel Chemicals

KazPhosphates LLC

Sulux Phosphates Limited

Zimbabwe Phosphates Industries Limited

OCP Group

Innophos Holdings, Inc.

Chemische Fabrik Budenheim KG

Haifa Chemicals Ltd.

URALCHEM JSC

Solvay SA

OCI Company Ltd.

Cabot Microelectronics Corporation

Asia Union Electronic Chemical Corp.

Hubei Xingfa Chemicals Group Co., Ltd.

Yichang Municipal Pacific Chemicals Co., Ltd (YMPCC)

Sichuan Blue Sword Chemical (Group) Co., Ltd.

Foskor (Pty) Ltd.

Get Access to Research Methodology Prepared by Experts>>> https://www.futuremarketinsights.com/ask-question/rep-gb-13672

[jay99]

Global Single Superphosphate (SSP) Market- Industry Analysis and Forecast (2020-2027)

The global single superphosphate (SSP) market was calculated US$ 2.8 Bn in 2019 in terms of value and is expected to reach 4.36 Bn by 2027, at a CAGR of 4.2% during a forecast period.

Global Single Superphosphate (SSP) Market Requirement of healthy crop production with high yield using micronutrient-based fertilizers is estimated to cover 50% of single superphosphate (SSP) market growth. Market Introduction: Single superphosphate poised of two main compound which is gypsum and monocalcium and forms mineral-based fertilizer for further application. It is the foremost enricher accountable for development of the plant nutrients industry. SSP has good water solubility and hence it is a rich source of secondary nutrients like calcium and sulphur. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis. Market Drivers and Restraints: Global Interest for material is rising because it is offering numerous facility to the farmers in terms of wide production of plant by providing nutrients during the entire growing-season and is helping fertilizers market in various terms to collect the attention from investors and will help global single superphosphate (SSP) market to grow. Furthermore, advances in chemical engineering and science are offering essential to ensure high crop yield and quality. Single Superphosphate (SSP) are highly getting adopted by nutrients sectors, as it helps to achieve effective nutrients management tools for food as well as non-food crops, will drive the market growth in the long run. Additionally, rapid growth in the research and development across the globe will boost the market demand in the coming years. It helps to intensify the organic content of soil and further contributes nutrients for microorganisms present in the soil, have benefit in reinstating chemical and physical properties of the soil and these contribute to the growth of the market. Speedy growth in crop disease due to unfavourable environment or process of harvesting and availability of fertile land across the globe is fuelling the global single superphosphate market growth. There is a constant requirement to boost the agricultural output across the globe and this will progressively shift attention towards good quality fertilizers to improve the land and soil properties to increase the productivity thus, expected to anticipate beneficial impact on the global single superphosphate (SSP) market. However, presence of substitute in the market such as triple based fertilizer, NPK fertilizer, sulphur-based fertilizers and so on is expected to restrain the market growth frame. Single Superphosphate (SSP) Market Segment analysis: By application segment, agriculture sector market size established more than XX% of the total market share in 2019.Though demand for SSP documented as one of the richest source of nutrient for the growing plants and growth in the agriculture, industrial sector is on another level in terms of market growth in the developing economies. The producers are enduring research efforts to develop better and cheaper harvesting and impregnating materials to reduce the overall cost and boost the interest towards acceptance of this technology. This segment will witness compounded annual growth rate of around X.X% from 2019 to 2027. Growing agriculture division in terms of research and development for the production of crop is projected to show major demand in near future. Single Superphosphate (SSP) Market Regional Analysis: Regionally, Asia Pacific is expected to dominate the single superphosphate (SSP) market and is expected to grow at a CAGR of X.35 % during the forecast period owing to the presence of phenomenal key players and demand of food product in the region. Developing regions like India, China, and Japan are considered as the major contributors for the Single Superphosphate (SSP) market growth in the Asia Pacific region because government policies of this region and large subsidies in certain countries up to 100% for marginal farmers, provided on fertilizers are the major factors generating the growth of this market in the Asia Pacific region. In 2019 market size was recorded US$ XX Bn, however in India, market size was valued XX Bn and expected to increase by US$ XX Bn in the coming years. Also, North America dominates the overall market with a share of more than 38%. As, North America mainly contribute to the whole SSP demand resulting to its broad application in tobacco, cotton, vegetables, and fruits production. They play major role in the subtropical and the U.S. Hence, the U.S. has been acknowledged as the leading consumer of single superphosphate (SSP) in North America, owing to the high cultivation of crops. The objective of the report is to present a comprehensive analysis of the Global Single Superphosphate (SSP) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Single Superphosphate (SSP) Market dynamics, structure by analysing the market segments and project the Global Single Superphosphate (SSP) Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Single Superphosphate (SSP) Market make the report investor’s guide. Scope of Single Superphosphate (SSP) Market Global Single Superphosphate (SSP) Market, By Form • Powder • Granules Global Single Superphosphate (SSP) Market, By Application • Horticultural • Agriculture • Pasture • Others Global Single Superphosphate (SSP) Market, By Region • Asia Pacific • North America • Europe • Latin America • Middle East & Africa Key Players Operating the Single Superphosphate (SSP) Market, • Madhya Bharat Agro Products Limited • Potash Corporation of Saskatchewan • CF Industries Holdings Inc • Coromandel International Ltd • Yara International ASA • Kemyan Yanbu for Industry • Jubilant Industries Ltd • The Mosaic Company • PCC Group • Aarti Industries Ltd • Krishna Phos Chem • Bohra Industries Ltd • Phosagro • Eurochem • Richgro • Agrium Inc • Mosaic • OCP • ICL • GNFC About Us: Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in  Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Vikas Godage Organization: Maximize Market Research Pvt.Ltd.Pune Email: sales@maximizemarketresearch.com Contact: +919607065656 / +919607195908 Website:www.maximizemarketresearch.com

[cool-akashy-maximize]

Global Single Superphosphate (SSP) Market- Industry Analysis and Forecast (2020-2027)

The global single superphosphate (SSP) market was calculated US$ 2.8 Bn in 2019 in terms of value and is expected to reach 4.36 Bn by 2027, at a CAGR of 4.2% during a forecast period.

Global Single Superphosphate (SSP) Market

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Requirement of healthy crop production with high yield using micronutrient-based fertilizers is estimated to cover 50% of single superphosphate (SSP) market growth. global single superphosphate (SSP) market Introduction:

Single superphosphate poised of two main compound which is gypsum and monocalcium and forms mineral-based fertilizer for further application. It is the foremost enricher accountable for development of the plant nutrients industry. SSP has good water solubility and hence it is a rich source of secondary nutrients like calcium and sulphur.

The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis. global single superphosphate (SSP) market Drivers and Restraints:

Global Interest for material is rising because it is offering numerous facility to the farmers in terms of wide production of plant by providing nutrients during the entire growing-season and is helping fertilizers market in various terms to collect the attention from investors and will help global single superphosphate (SSP) market to grow. Furthermore, advances in chemical engineering and science are offering essential to ensure high crop yield and quality. Single Superphosphate (SSP) are highly getting adopted by nutrients sectors, as it helps to achieve effective nutrients management tools for food as well as non-food crops, will drive the market growth in the long run. Additionally, rapid growth in the research and development across the globe will boost the market demand in the coming years. It helps to intensify the organic content of soil and further contributes nutrients for microorganisms present in the soil, have benefit in reinstating chemical and physical properties of the soil and these contribute to the growth of the market.

Speedy growth in crop disease due to unfavourable environment or process of harvesting and availability of fertile land across the globe is fuelling the global single superphosphate market growth.

There is a constant requirement to boost the agricultural output across the globe and this will progressively shift attention towards good quality fertilizers to improve the land and soil properties to increase the productivity thus, expected to anticipate beneficial impact on the global single superphosphate (SSP) market.

However, presence of substitute in the market such as triple based fertilizer, NPK fertilizer, sulphur-based fertilizers and so on is expected to restrain the market growth frame. Single Superphosphate (SSP) Market Segment analysis:

By application segment, agriculture sector market size established more than XX% of the total market share in 2019.Though demand for SSP documented as one of the richest source of nutrient for the growing plants and growth in the agriculture, industrial sector is on another level in terms of market growth in the developing economies. The producers are enduring research efforts to develop better and cheaper harvesting and impregnating materials to reduce the overall cost and boost the interest towards acceptance of this technology. This segment will witness compounded annual growth rate of around X.X% from 2019 to 2027. Growing agriculture division in terms of research and development for the production of crop is projected to show major demand in near future. Single Superphosphate (SSP) Market Regional Analysis:

Regionally, Asia Pacific is expected to dominate the single superphosphate (SSP) market and is expected to grow at a CAGR of X.35 % during the forecast period owing to the presence of phenomenal key players and demand of food product in the region. Developing regions like India, China, and Japan are considered as the major contributors for the Single Superphosphate (SSP) market growth in the Asia Pacific region because government policies of this region and large subsidies in certain countries up to 100% for marginal farmers, provided on fertilizers are the major factors generating the growth of this market in the Asia Pacific region. In 2019 market size was recorded US$ XX Bn, however in India, market size was valued XX Bn and expected to increase by US$ XX Bn in the coming years.

Also, North America dominates the overall market with a share of more than 38%. As, North America mainly contribute to the whole SSP demand resulting to its broad application in tobacco, cotton, vegetables, and fruits production. They play major role in the subtropical and the U.S. Hence, the U.S. has been acknowledged as the leading consumer of single superphosphate (SSP) in North America, owing to the high cultivation of crops.

The objective of the report is to present a comprehensive analysis of the Global Single Superphosphate (SSP) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Single Superphosphate (SSP) Market dynamics, structure by analysing the market segments and project the Global Single Superphosphate (SSP) Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Single Superphosphate (SSP) Market make the report investor’s guide.

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Scope of global single superphosphate (SSP) market: Inquire before buying

Global Single Superphosphate (SSP) Market, By Form

• Powder • Granules Global Single Superphosphate (SSP) Market, By Application

• Horticultural • Agriculture • Pasture • Others Global Single Superphosphate (SSP) Market, By Region

• Asia Pacific • North America • Europe • Latin America • Middle East & Africa Key Players Operating the Single Superphosphate (SSP) Market,

• Madhya Bharat Agro Products Limited • Potash Corporation of Saskatchewan • CF Industries Holdings Inc • Coromandel International Ltd • Yara International ASA • Kemyan Yanbu for Industry • Jubilant Industries Ltd • The Mosaic Company • PCC Group • Aarti Industries Ltd • Krishna Phos Chem • Bohra Industries Ltd • Phosagro • Eurochem • Richgro • Agrium Inc • Mosaic • OCP • ICL • GNFC

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Global Superphosphate Market 2019 | Manufacturers In-Depth Analysis Report to 2024

The latest trending report Global Superphosphate Market 2019-2024 added by DecisionDatabases.com

Normal superphosphate or single superphosphate (NSP, SSP) is used solely as a fertilizer material. NSP can be used with most crops and is applied during the planting season. NSP is a solid phosphate fertilizer material that is produced from phosphate rock and sulfuric acid. Concentrated or triple superphosphate (CSP, TSP) is used exclusively as a fertilizer material. TSP is a solid single-nutrient phosphate fertilizer material produced from phosphate rock and phosphoric acid. The worldwide market for Superphosphate is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019. This report focuses on the Superphosphate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/36880-superphosphate-market-analysis-report

Market Segment by Manufacturers, this report covers

    Coromandel

    CF Industries

    OCP

    Mosaic

    Phosagro

    Yara International

    Potash

    Agrium

    Eurochem

    ICL

Market Segment by Regions, regional analysis covers

    North America (United States, Canada and Mexico)

    Europe (Germany, France, UK, Russia and Italy)

    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

    South America (Brazil, Argentina, Colombia etc.)

    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

    Normal superphosphate or single superphosphate

    Concentrated or triple superphosphate

Market Segment by Applications, can be divided into

    Wheat

    Corn

    Rice

    Cotton

Download Free Sample Report of Global Superphosphate Market @ https://www.decisiondatabases.com/contact/download-sample-36880

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Superphosphate product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Superphosphate, with price, sales, revenue and global market share of Superphosphate in 2017 and 2018. Chapter 3, the Superphosphate competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Superphosphate breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Superphosphate market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Superphosphate sales channel, distributors, customers, research findings and conclusion, appendix and data source.

 Purchase the complete Global Superphosphate Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-36880

Other Reports by DecisionDatabases.com:

Global Calcium Phosphate Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Triethyl Phosphate Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Iron Phosphate Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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Single Superphosphate Market Overview by Brands, Regions, Applications, Types, Forecast 2027

Single Superphosphate Market: A Noble Fertilizer

Single superphosphate (SSP) is the first mineral-based fertilizer to be commercialized. It is a leading fertilizer responsible for expansion of the plant nutrients industry.

SSP is composed of two compounds: monocalcium phosphate (MCP) or calcium dihydrogen phosphate and gypsum

It is an important fertilizer product, which has P2O5 concentration between 15% and 22%. It has high water solubility. It is a rich source of secondary nutrients such as sulfur (10%–12% sulfur in the form of sulfate) and calcium.

SSP helps in treating the sulfur deficiency of the soil and enhances crop yield at a low cost

SSP is generally applied before sowing of crops to ensure sufficient supply of phosphorus at the early stage of plant growth

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Key Drivers of Single Superphosphate Market

SSP is a rich source of primary nutrients including nitrogen, phosphorus, and potassium. These nutrients, in turn, maintain health of crops. Additionally, they increase the organic content of soil, providing nutrients for microorganisms in the soil. They help in restoring physical and chemical properties of the soil.

Rise in the crop production, led by increasing demand for food, is expected to drive the global fertilizer industry in the next few years. This, in turn, is likely to drive the single superphosphate market during the forecast period. Moreover, implementation of awareness programs by government and private organizations in developing nations in LATAM, Africa, and Asia Pacific is anticipated to create lucrative opportunities for farmers in terms of utilization of fertilizers in large amounts to improve the yield of fruits and vegetables.

Apart from this, single superphosphate contains micronutrients such as Zinc, Manganese, Copper, Boron and Molybdenum. SSP is lower in price than other fertilizers. This makes it one of the most preferred fertilizers among small and marginal farmers. Due to its lower cost, SSP is expected to witness rise in the demand in the next few years.

In addition, SSP can be blended with all other fertilizer products, except urea and diammonium phosphate (DAP) . It can be stored for a longer duration than other fertilizers.

Rise in the development of manufacturing processes for production of highly advanced SSP grades is likely to augment the demand for SSP in the near future

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Stiff Competition from Substitutes to Hamper the Single Superphosphate Market:

Single superphosphate faces stiff competition, due to rise in use of high-analysis Potassium fertilizers including ammonium phosphates and diammonium phosphate (DAP), owing to high Potassium and Nitrogen concentration. This is expected to hamper the global single superphosphate market in the next few years.

Additionally, SSP is replaced with other fertilizers, owing to its lower phosphorus content than other fertilizers

Segmentation of Global Single Superphosphate Market

Based on form, the global single superphosphate market can be segmented into powder and granules. Granules is projected to be a major segment of the global market in the near future, owing to handy use and increased uptake of nutrients into the plant offered by granular SSP. Also, SSP in the granular form avoids spillage of powder in the air, thereby helping in easy transportation of SSP. Granular SSP is commonly used in cultivation of sugarcane, oil seeds, paddy, vegetables, and fruits.

In terms of type, the global single superphosphate market can be segmented into boronated and zincated. The boronated segment is expected to hold a major share of the global market during the forecast period. Boron is commonly added to single superphosphate, in order to function as a key source for development of the plant cells. Boron also imparts high disease tolerance. Also, boron helps in growth of taller sugarcanes; restricting of flower drop in cotton; and increase in the yield of banana. Also, boronted SSP can be used in cultivation of sugarcane, pulses, and vegetables.