Albany, NY -- (SBWIRE) -- 06/29/2015 -- About Phosphoric Acid

Phosphoric acid, also known as orthophosphoric acid, is the largest produced and consumed inorganic acid in terms of value, and the second largest in terms of volume after sulfuric acid. Phosphoric acid finds its applications in phosphatic fertilizers, animal feed, water treatment solutions. Phosphoric acid is the key raw material used in the production of phosphatic fertilizers. Growing population and limited availability of land drive the demand for fertilizers including phosphatic fertilizers.

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Analysts forecast the global phosphoric acid market to grow at a CAGR of 2.15% over the period 2015-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the global phosphoric acid market for the period 2015-2019. The report provides the segmentation of the market based on the following criteria:
Geography (APAC, EMEA, North America, and ROW)
End-user (fertilizer manufacturers, F&B manufacturers, animal feed manufacturers and others)
Production process (wet process and thermal process)

Technavio's report, Global Phosphoric Acid Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report provides an extensive coverage on various applications of phosphoric acid. The report further includes a discussion of the key vendors operating in this market and their product portfolios.

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Key Regions
APAC
EMEA
North America
ROW

Key Vendors
Mosaic
OCP
PhosAgro
PotachCorp
SinoFert

Other Prominent Vendors
Acron Group
Agrium
CF Industries Holdings
EuroChem
GCT
IFFCO
Israel Chemicals
Jordan Phosphate Mines
Saudi Arabian Mining Company
YTHIC

Market Driver
Retail Price Administration and Subsidies on Fertilizer Sales
For a full, detailed list, view our report

Market Challenge
Growing Inclination toward Genetically Modified Seeds
For a full, detailed list, view our report

Market Trend
Increase in Cross-border Investments and Joint Ventures
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space and what is their portfolio matrix?
What are the market opportunities and threats faced by the key vendors?
What is the competitive landscape as characterized by geography?
What are the strengths and weaknesses of the key vendors?

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