Global Superphosphate Market - Industry Size, Share, Growth, Trends and Forecast 2016 - 2024
"The
Latest Research Report Normal Superphosphate Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
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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.
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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.
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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
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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
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