HYDERABAD, India, November 9, 2016 /PRNewswire/ --
According to the report "Phosphatic Fertilizers Market", published by Market Data Forecast, the global market is projected to reach USD 68.41 billion by 2021, at a CAGR of 3.5% from 2016 to 2021.
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Phosphorus is the 11th richest element in the earth's crust. Nevertheless, the soil from which plants attain phosphorus comprises of only minor amounts of it. Phosphatic Fertilizers market has progressed into a key agricultural contribution for recovering crop phosphate deficiencies. Phosphorous is attained from rock superphosphate, bone meal and fertilizer whereas rock phosphate is the raw material used to produce many of the commercial phosphate fertilizers in the market.
The phosphate fertilizer market is growing at a substantial rate owing to increasing meat consumption and restricted availability of arable land. Increase in population and varied food demand are some of the reasons driving the growth of this market. Growth in poultry industry as well as pork business owing growing meat feeding and alertness of nutritious food to cattle is expected to drive phosphate fertilizers market size over the forecast period.
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The global Phosphatic fertilizers market is segmented as follows:
By Type:
By Application:
By Geography:
The key players covered in this report are CF Industries Holdings Inc. (U.S.), OCP (Morocco), Agrium Inc., (Canada), Potash Corp. of Saskatchewan (Canada), Mosaic (U.S.), Eurochem (Russia), ICL (Israel), Yara International ASA (Norway), Coromandel International Ltd. (India), and Phosagro (Russia).
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The Phosphatic Fertilizers market study offers the following deliverables:
Checkout other related studies in the Agrochemicals Segment:
Controlled Release Fertilizers Market:
http://www.marketdataforecast.com/market-reports/global-controlled-release-fertilizers-market-965/
Agrochemicals Market:
http://www.marketdataforecast.com/market-reports/global-agrochemicals-market-972/
Nitrogenous Fertilizers Market:
http://www.marketdataforecast.com/market-reports/global-nitrogenous-fertilizers-market-915/
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