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Phosphoric Acid Market Share

Report ID: GMI2290
Published Date: Mar 2023
Report Format: PDF

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Phosphoric Acid Market Share

Some of the key players operating in the phosphoric acid industry include:

ICL Group Ltd.
Gujarat Alkalies and Chemicals Limited
Prayon
Shifang Sundia Chemical Industry
Univar Solutions Inc.
ArrMaz Products, Inc.
Chuanlin Chemical
Nutrien
Haifa Group
Aditya Birla Chemicals
Hydrite Chemical Co
Chuandong Chemical Co., Ltd.
and Innophos

These firms are focusing on new product development, mergers & acquisitions, and business expansions to solidity their presence in the global market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market for phosphoric acid exceeded USD 58 billion in 2022 and is anticipated to depict over 5.5% CAGR through 2023-2032, as a result of the high intake of cheese and dairy products.

Fertilizer segment is expected to exhibit over 5.5% CAGR through 2023-2032, given the introduction of funding programs to support the agricultural sector.

APAC phosphoric acid market value is set to surpass USD 46 billion by 2032, on account of the strong focus on wastewater treatment.

Key players operating in the market include ICL Group Ltd., Gujarat Alkalies and Chemicals Limited, Prayon, Univar Solutions Inc., ArrMaz Products, Inc., Chuanlin Chemical, Nutrien, Hydrite Chemical Co, and Innophos, among others.