Report overview
Phosphoric acid is a weak acid with the chemical formula H3PO4. It is widely used in fertilizer electronics, food and other industry.
This report aims to provide a comprehensive presentation of the global market for Phosphoric Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Phosphoric Acid. This report contains market size and forecasts of Phosphoric Acid in global, including the following market information:
Global Phosphoric Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Phosphoric Acid Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Phosphoric Acid companies in 2022 (%)
The global Phosphoric Acid market was valued at US$ 38400 million in 2022 and is projected to reach US$ 44430 million by 2029, at a CAGR of 2.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Phosphoric Acid key players include OCP, Mosaic, Yuntianhua, PhosAgro, Tongling Chemical Industry Group, etc. Global top five manufacturers hold a share about 35%.
China is the largest market, with a share about 40%, followed by Europe and North America, both have a share about 20 percent.
In terms of product, Tech Grad is the largest segment, with a share over 85%. And in terms of application, the largest application is Fertilizers, followed by Food & Beverages.
We surveyed the Phosphoric Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Phosphoric Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Phosphoric Acid Market Segment Percentages, by Type, 2022 (%)
Electronic Grade
Food Grade
Tech Grade
Global Phosphoric Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Phosphoric Acid Market Segment Percentages, by Application, 2022 (%)
Fertilizers
Food & Beverages
Electronics
Others
Global Phosphoric Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Phosphoric Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Phosphoric Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Phosphoric Acid revenues share in global market, 2022 (%)
Key companies Phosphoric Acid sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Phosphoric Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
OCP
Mosaic
PhosAgro
PotashCorp (Nutrien)
Itafos
EuroChem
Tunisian Chemical Group (GCT)
Arkema
Solvay
ICL Performance Products
Hubei Xingfa Chemicals Group
Chengxing Group
Yunphos
IFFCO
Maaden
Wengfu Group
Yuntianhua
Tongling Chemical Industry Group
Kailin Group
Hubei Xinyangfeng Fertilizer
Outline of Major Chapters:
Chapter 1: Introduces the definition of Phosphoric Acid, market overview.
Chapter 2: Global Phosphoric Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Phosphoric Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Phosphoric Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Phosphoric Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
