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Phosphatic Fertilizers are anticipated to grow at a value CAGR of ~x% over 2019-2028. According to a study published by Insure Insights on the Phosphatic Fertilizers market is anticipated to grow in the coming years. The market growth is attributed to boost in the forecast period, owing to the surge in the global population, growth in the meat consumption and the increase in food demand. Furthermore, the arable land being limited is anticipated to help the industry grow in the coming years. The increase in the demand for cereals and grains on account of the rapidly surge in the population across the globe is expected to support the growth of phosphate fertilizers over the coming years.
Top Driver: Increase in the usage of the efficient ways to produce the crops to boost the industry
Phosphatic Fertilizers has abundant demand in the agriculture industry, due to the surge in the use of phosphate fertilizers in order to gain maximum growth of the plants sown. The usage of phosphorous in chemical fertilizers and feed supplements are proved to improve the soil’s nutrition. The usage of fertilizers in agriculture is the key factor for land management practices that substantially increasing the crop yield and soil fertility. The trend of ‘green revolution’, phosphate fertilizers have contributed considerably in raising agricultural productivity and reducing hunger worldwide. The farmers treat their lands with phosphorus fertilizers in order to boost the yield of their crops.
Cereals and Grains to Make Crucial Contribution to Growth of Global Phosphatic Fertilizers Market
Among applications segments of the global Phosphatic Fertilizers market, cereals & grains segment is anticipated to gain highest revenue shares in the forecast period. This owes to the increasing awareness regarding the nutritional content present in the category of cereals and grains and the benefits to the human body offered due to the same. Furthermore, the oilseeds industry is anticipated to grow further attributed to the surge in the population and the use of it as a cooking oil in the forecast period
Surge in the demand for the Phosphate Fertilizers to Benefit Asia Pacific Market
Asia Pacific countries is anticipated to grow in the coming years due to the increase in population across the globe and is e boosting the demand for diversified food, which will eventually boost demand for phosphate fertilizers over the forecast period. Furthermore, India is the expected to be the second-largest consumer and largest importer of diammonium phosphate (DAP) fertilizers and hence contributes to growth of the industry significantly in the near future.
Due to COVID-19 pandemic, the various industries have been experiencing a downfall in the current scenario. However, the increase in the demand in the food and beverages in the pandemic would propel the industry in the coming years.
Players to Focus on Expanding Applications
The global Phosphatic Fertilizers market is expected to stay fragmented with the increase in the number of new entrants in the coming years. The major players include, EuroChem Group AG, Potash Corp. of Saskatchewan Inc., Agrium Inc., CF Industries Holdings, Inc., Yara International ASA, Coromandel International Ltd., Israel Chemicals Ltd., PJSC PhosAgro, S.A OCP, and The Mosaic Co.
EuroChem Group AG: In November 2020, EuroChem Group AG, a leading global fertilizer producer, and Belgium-based biotechnology company Aphea.Bio announce the signing of a research and development agreement.
Agrium Inc.: In December 2017, Canadian fertilizer and chemical companies Potash Corporation of Saskatchewan Inc. and Agrium Inc. have agreed to divest two U.S. production facilities in order to settle Federal Trade Commission charges that their proposed merger would negatively impact competition in two relevant markets.
Scope of the Report
By Product
By Application
By Region
Key Reasons to Purchase this Report
Table of Content
Chapter 2 Our Research Practice
Chapter 4 Covid-19 Impact Analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Bare Copper Conductor Market Forces
5.2 Porter’s Five Forces Analysis
5.2.2 Threats From New Entrants
5.2.4 Threat From Substitute Product
Chapter 6 Global Bare Copper Conductor Market -Industry Snapshots
6.1.1 Global Bare Copper Conductor Market Value, 2019 – 2028, (US$ Bn)
6.2.2 Restraint/Challenges analysis
6.3 Supply Chain/Value Chain Analysis
Chapter 7 Global Bare Copper Conductor Market Analysis, by Type
7.2 Key Findings for Bare Copper Conductor Market- By Type
7.2.1 Bare Copper Conductor Market- Soft drawn
7.2.2 Bare Copper Conductor Market- Medium hard drawn
7.2.3 Bare Copper Conductor Market- Hard drawn
Chapter 8 Global Bare Copper Conductor Market Analysis, by Application
8.2 Key Findings for Bare Copper Conductor Market- By Application
8.2.1 Bare Copper Conductor Market- Automotive
8.2.2 Bare Copper Conductor Market- Aerospace
8.2.3 Bare Copper Conductor Market- Energy Sectors
8.2.4 Bare Copper Conductor Market- Chemicals
8.2.5 Bare Copper Conductor Market- Electronics
8.2.6 Bare Copper Conductor Market- Others
Chapter 9 Bare Copper Conductor Market Analysis by Region
9.1 Key Findings for Bare Copper Conductor Market- By region
9.2.1 Global Bare Copper Conductor Market Analysis, By Type, 2019 – 2028
9.2.2 Global Bare Copper Conductor Market Analysis, By Application, 2019 – 2028
9.3 Bare Copper Conductor Market – North America
9.3.5 North America Market, By Type
9.3.6 North America Market, By Application
9.4 Bare Copper Conductor Market – Europe
9.4.8 Europe Market, By Application
9.5 Bare Copper Conductor Market – Asia Pacific
9.5.6 Asia Pacific Market, By Type
9.5.7 Asia Pacific Market, By Application
9.6 Bare Copper Conductor Market – SAMEA
9.6.2 Middle East & Africa (MEA)
9.6.5 South America, Middle East and Africa Market, By Type
9.6.6 South America, Middle East and Africa Market, By Application
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
Chapter 11 Company Profiles- Snapshot
11.8 Slimlites Electricals Pvt. Ltd
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
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