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The phosphorus fertilizers market size is forecast to increase by USD 11.56 billion at a CAGR of 4.83% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The shrinking arable land, a result of rapid urbanization, is leading to an increased demand for phosphorus-based fertilizers such as TSP (Triple Super Phosphate) and DAP (Di-Ammonium Phosphate), particularly in regions with high grains and oilseeds production like Serra do Salitren.
Furthermore, the trend toward vertical integration among agrochemical companies is boosting the consumption volume of these fertilizers in metric tons. However, the market faces challenges, including stringent regulations and policies concerning the use of watersoluble P and pure phosphate-based fertilizers due to environmental concerns. Despite these challenges, the market for phosphorus fertilizers is expected to continue its growth trajectory due to the essential role these fertilizers play in enhancing crop yield.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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