Ammonium Phosphates Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Ammonium Phosphates Market was valued at USD 1652.7 million in 2020 and is expected to grow at a CAGR of 6% between 2021 and 2027. Ammonium phosphate, together with ammonium, contains phosphate salts. It is a very unstable compound. The chemical formula of ammonium phosphate is given as (NH4) 3PO4. Ammonium phosphate is commercially prepared by mixing phosphoric acid with ammonia. Ammonium phosphate is produced by reacting phosphoric acid with ammonia. The resulting ammonium phosphate liquid slurry is then converted into solid granules. About 95% of ammoniacal-granulation plants in the United States use rotary drum mixers developed and patented by the Tennessee Valley Authority(Tva).

Ammonium Phosphate market share is expected to GROW at a SUBSTANTIAL CAGR DURING THE FORECAST period 2021-2027. Increase fertilizer is an important factor this growth will be the yield, which will improve the agricultural-oriented economy by experts. Food demand continues to grow globally due to population growth, creating the need to increase agricultural production. The Food And Agriculture Organization(FAO)estimates that feeding the world’s population of more than 9 billion in 2050 should increase overall food production by about 70%. As a result, continued government investment in the agricultural sector to modernize agricultural and cultivation practices will promote product consumption.

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Top Major Key Players Industries

Lanxess AG,
Solvay S.A.,
OCP SA,
Jordan Phosphate Mines Company,
Wengfu Group,
Yara International ASA,
Coromandel International Ltd.,
Nutrien Ltd.,
Haifa Group,
Innophos,
Forbes Pharmaceuticals,
Jordan Phosphate Mines Company,
Israel Chemicals Ltd.,
Prayon SA

Product Type

Mono-ammonium Phosphate (MAP)
Di-ammonium Phosphate (DAP)
Ammonium Polyphosphate

By Application

Fertilizers
Fire Extinguishers
Food & Beverages
Water Treatment Chemicals
Detergents & Soaps

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Scope of the Report

The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume

Key Questions Answered by Warehousing Logistics Robots Market Report

What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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