Commercial phosphate fertilizers are manufactured using phosphate rock. Approximately two- third of the worlds’ phosphate resources are derived from sedimentary and marine phosphate rock deposits, andabout 90% of the global phosphate rock demand is used for food production. Phosphorus is scarce and phosphate rock is a non-renewable resource. Market forces and political regulations may affect its availability.
The global phosphate fertilizers demand is increasing due to the growing world population and increasing food demand. Increasing milk and meat consumption in the world has necessitated large feed volume that in turn has increased the demand for maximum forage production. The global demand for phosphate fertilizers is projected to grow by 3.2% annually, from 2013 to 2018. Complete report is spread across 245 pages is available @ http://www.reportsnreports.com/reports/280778-phosphate-fertilizers-market-by-active-ingredient-diammonium-phosphate-monoammonium-phosphate-triple-superphosphate-single-superphosphate-superphosphate-calcium-phosphate-by-crop-type-cereals-grains-oil-seeds-fruits-vegetables.html .
The phosphaticfertilizer market is dominated by key companies such as Yara International ASA (Norway), Agrium Inc., (Canada), Coromandel International Ltd. (India), Potash Corp. of Saskatchewan (Canada), CF Industries Holdings Inc. (U.S.), Eurochem (Russia), OCP(Morocco), Mosaic(U.S.), ICL (Israel), and Phosagro (Russia).They keep the competition at a moderate pace; however, being a consolidated and rationalizedmarket,individual companieshave their