Global Phosphorus Fertilizers Market by Type, Application and Geography - Growth, Trends and Forecasts (2018-2023) - ResearchAndMarkets.com

The "Global Phosphorus Fertilizers Market - Segmented by Type, Application, and Geography- Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global phosphorus fertilizer market was valued at USD 24.2 billion in 2017 and is expected to register a CAGR of 3.5% during the forecast period (2018-2023).

In 2016, China was the largest phosphorus fertilizers producer with phosphorus fertilizers production of 16.4 million metric ton. China accounted for nearly 41.4% of the global phosphorus fertilizers market followed by US, India, Russia and Egypt in 2016.

Demand for phosphorus fertilizers has been increasing due to limited availability of arable land and growing consumption for meat and diverse food products. The global phosphorus fertilizers exports were USD 1.38 billion in 2017. China, Morocco and Israel are the significant exporters of phosphorus fertilizers together contributing a share of 57.3% of world imports in 2016.

Key Highlights

• Limited Availability of Arable Land
• Strict Regulations and Environment Constraints
• China Dominates the Market in Terms of Production & Exports

Major Developments in the Market

• Potash Corporation of Saskatchewan Inc. and Agrium Inc., have merged together to form a new company Nutrien to provide crop inputs and services.
• Mosaic acquired global phosphate, potash operations and chemical and fertilizers facilities of Vale Fertilizants.

Key Topics Covered

1. Introduction

2. Research Scope and Methodology

3. Market Dynamics

4. Industry Analysis

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

8. Future Outlook of the Market

For more information about this report visit https://www.researchandmarkets.com/research/m7kn7w/global_phosphorus?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20181023005597/en/