Global Phosphate Fertilizer Market Size & Outlook
The phosphate fertilizer industry worldwide is expected to reach a projected revenue of US$ 67,616.0 million by 2030. A compound annual growth rate of 6% is expected of the worldwide phosphate fertilizer industry from 2023 to 2030.
Revenue, 2022 (US$M)
$42,434.6
Forecast, 2030 (US$M)
$67,616.0
CAGR, 2023 - 2030
6%
Report Coverage
Worldwide
Global phosphate fertilizer market, 2018-2030 (US$M)
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Global phosphate fertilizer market highlights
- The global phosphate fertilizer market generated a revenue of USD 42,434.6 million in 2022 and is expected to reach USD 67,616.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6% by 2030.
- In terms of segment, monoammonium phosphate (map) accounted for a revenue of USD 16,201.8 million in 2022.
- Triple Superphosphate (TSP) is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 42,434.6 million |
| Market revenue in 2030 | USD 67,616.0 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Monoammonium phosphate (map) |
| Fastest growing segment | Triple Superphosphate (TSP) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monoammonium Phosphate (MAP), Diammonium Phosphate (DAP), Single Superphosphate (SSP), Triple Superphosphate (TSP) |
Other key industry trends
- In terms of revenue, the North America accounted for 9.9% of the global phosphate fertilizer market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 27,296.2 million by 2030.
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Phosphate Fertilizer Market Scope
Phosphate fertilizer market segmentation & scope
Urea
Methylene Urea
Ammonium Nitrate
Ammonium Sulfate
Ammonia
Calcium Ammonium Nitrate
Others
Monoammonium Phosphate (MAP)
Diammonium Phosphate (DAP)
Single Superphosphate (SSP)
Triple Superphosphate (TSP)
Muriate of Potash (MOP)
Sulfate of Potash (SOP)
U.S.
Canada
Mexico
Germany
UK
France
Russia
Belgium
China
India
Australia
Indonesia
Thailand
Brazil
Colombia
South Africa
Turkey
Phosphate Fertilizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global phosphate fertilizer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to phosphate fertilizer market will help companies and investors design strategic landscapes.
monoammonium phosphate (map) was the largest segment with a revenue share of 38.18% in 2022. Horizon Databook has segmented the Global phosphate fertilizer market based on monoammonium phosphate (map), diammonium phosphate (dap), single superphosphate (ssp), triple superphosphate (tsp) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Phosphate Fertilizer Product Outlook (Revenue, USD Million, 2018-2030)
- Urea
- Methylene Urea
- Ammonium Nitrate
- Ammonium Sulfate
- Ammonia
- Calcium Ammonium Nitrate
- Others
- Monoammonium Phosphate (MAP)
- Diammonium Phosphate (DAP)
- Single Superphosphate (SSP)
- Triple Superphosphate (TSP)
- Muriate of Potash (MOP)
- Sulfate of Potash (SOP)
- Global Phosphate Fertilizer Application Outlook (Revenue, USD Million, 2018-2030)
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
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Target buyers of Global phosphate fertilizer market databook
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Our clientele includes a mix of phosphate fertilizer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global phosphate fertilizer market , including forecasts for subscribers. This global databook contains high-level insights into Global phosphate fertilizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global phosphate fertilizer market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Phosphate fertilizer market size, 2022 (USD Million)
Top 10 countries: Phosphate fertilizer market size, 2022 (USD Million)
Global phosphate fertilizer market, by region, 2022 (US$M)
Related regional statistics
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