marketreports

As per the Food and Agriculture Organization (FAO) of the United Nations, total fertilizer nutrient demand is forecast to reach 201.66 million tonnes by 2020. Right next to nitrogen, phosphate nutrient fertilizer demand is estimated to be 45,858 tonnes, securing the position as second most demanded fertilizer nutrient. Phosphate is a chemical derivative of phosphoric acid and majority of its global production is absorbed by fertilizer manufacturing industries in the blooming agricultural sector. Owing to properties such as flexibility, softness, crack resistant, and water-resistant, phosphate market leveraged many industrial application opportunities. Due to wide applications by end-user industry verticals in carbonated beverages, meat-protein, toothpaste, leavening agents, cleansing agent, insecticides, metal coatings, and water softeners, global phosphate market size is evaluated $69.3 billion in 2018. Increasing global population is boosting the demand for rapid agricultural produc...

As per the Food and Agriculture Organization (FAO) of the United Nations, total fertilizer nutrient demand is forecast to reach 201.66 million tonnes by 2020. Right next to nitrogen, phosphate nutrient fertilizer demand is estimated to be 45,858 tonnes, securing the position as second most demanded fertilizer nutrient. Phosphate is a chemical derivative of phosphoric acid and majority of its global production is absorbed by fertilizer manufacturing industries in the blooming agricultural sector. Owing to properties such as flexibility, softness, crack resistant, and water-resistant, phosphate market leveraged many industrial application opportunities. Due to wide applications by end-user industry verticals in carbonated beverages, meat-protein, toothpaste, leavening agents, cleansing agent, insecticides, metal coatings, and water softeners, global phosphate market size is evaluated $69.3 billion in 2018. Increasing global population is boosting the demand for rapid agricultural product...