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Normal Superphosphate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Normal Superphosphate Market: Overview

Normal superphosphate is a fertilizer containing a mixture of the diacid calcium salt of orthophosphoric acid with calcium sulphate and small quantities of other phosphates. Normal superphosphate contains not more than 22 percent of available phosphorus pentoxide. Normal superphosphates are vital for the healthy growth of plants; they can be applied in high concentration to plants ranging from agricultural crops to houseplants. Several different variants of this fertilizer have been created for different requirements. While a regular superphosphate fertilizer can typically be used in its raw form, it is subjected to various chemical reactions as this is known to make it more effective.

Normal superphosphate fertilizer is manufactured from a reaction involving the raw phosphate rock and an appropriate percentage of water and sulphuric acid. Normal superphosphate manufacturing process releases chemicals into the air, adding to water pollution and air pollution. Controlling these waste products means producing the fertilizer in a complicated process that must be overseen in order to ensure the least amount of waste product is released into the environment. ?Although normal superphosphate generally mixes well with other products, it is not compatible with ammonium nitrate, potassium nitrate and urea.

Normal superphosphates are cost effective fertilizers for pasture development and ideal for capital and maintenance applications. Normal superphosphate contains sulphur in a readily available form of sulphate for plants to take up and this makes it ideal for low fertility and cropping situations. When applied to the soil, a normal superphosphate fertilizer increases the amount of phosphorus available to plants. All plants require an optimum amount of phosphorus in order to survive. Phosphorus is present in every cell of the plant, and is vital in maintaining the strength of the cell structure. High level of phosphorus also makes leaves healthier, increases the rate of movement of water throughout the plant structure and helps the plant produce superior and viable seeds. The calcium in normal superphosphate can be important for horticultural applications where use of lime is unfeasible.

Normal Superphosphate Market: Drivers and Trends

The growth in the end user industries is set to drive the normal superphosphate market. The increase in demand from fertilizer industry is expected to be a major driving factor for the growth of normal superphosphate market. The global normal superphosphate demand is increasing due to the increasing world population and growing food demand. In addition, increasing milk and meat consumption in the world has necessitated large feed volume that in turn has increased the demand for maximum forage production. Furthermore, rising demand from emerging economies is expected to increase the consumption of normal superphosphates. However availability of low cost substitutes and environmental regulations could hamper the growth of this market.

Normal Superphosphate Market: Region-wise Outlook

Asia Pacific is currently the largest producer and consumer of normal superphosphates followed by Latin America. China and India are the major consumers of normal superphosphates due to an established fertilizer and agriculture industry. Normal superphosphate use is restricted to regions that have phosphate rock resources that are not particularly suitable feed for the more sophisticated chemical processes involved in producing ammonium phosphate and phosphoric acid.

The market for normal superphosphates is consolidated to a great extent with major fertilizer companies dominating the market. Among the key players are CF Industries Holdings Inc. (U.S.), Coromandel International Ltd. (India), Mosaic(U.S.), OCP (Morocco), Yara International ASA (Norway), Phosagro (Russia), Agrium Inc., (Canada), Potash Corporation of Saskatchewan (Canada), ICL (Israel), and Eurochem (Russia) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


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