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Phosphate Fertilizers Market Growth Analysis by Capacity, Production, Revenue (Value) and Demand

by Deepak Kumar Sr. SEO Executive

The major growth drivers identified in the phosphate fertilizers market   are rise in population and diversified food demand. Rising energy  demands with increase in population challenged the farmers to increase   crop output from the limited available land. Use of fertilizers in  agriculture is one of the major practices that increases crop yield and soil fertility.

Pricing volatility and government policies regarding use of phosphate-based fertilizers are some of the factors restraining the growth of the phosphate fertilizers market. Fluctuating energy prices are the key cause of price volatility in these fertilizers.

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Transportation costs, exchange rates, policy decisions, and other uncontrollable factors are other key factors affecting trading of fertilizer products worldwide. Various initiatives by government are expected to create lucrative opportunities for the industry players in the phosphate fertilizers market.

For instance, India’s subsidy policy aimed at improving the purchasing power of fertilizers would intensify the overall consumption of these fertilizers in the country through 2026.
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Regionally, Asia-Pacific is the leading region for the phosphate fertilizers market. Presence of large population in countries such as China and India are increasing demand for diversified food such as fruits and vegetables, cereals and grains, and oilseeds, which is eventually expected to boost demand for the fertilizers over the forecast period.

Read summary of report here :   https://www.psmarketresearch.com/market-analysis/phosphate-fertilizers-market

The global phosphate fertilizers market competition is highly intensive and relatively integrated, with the presence of limited key players capturing a major revenue share. Some of the major players operating in the market are Agrium Inc., Israel Chemicals Limited, CF Industries Holdings Inc., Coromandel International Ltd., Nutrien Ltd.., PhosAgro, OCP S.A., Yara International ASA, EuroChem Group AG, and The Mosaic Company.


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About Deepak Kumar Advanced   Sr. SEO Executive

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Joined APSense since, May 30th, 2017, From New York, United States.

Created on Jan 24th 2019 00:54. Viewed 416 times.

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