Monoammonium Phosphate Type Segment Expected to Witness Fastest Growth (3.9% CAGR) During 2016 – 2022, in the Global Ammonium Phosphate Market
The major factors driving the growth of the market globally include its increasing use in animal feed and industrial applications, and growing agriculture industry in the emerging nations. Asia-Pacific is anticipated to create significant growth opportunities for the growth of the global Ammonium phosphate market. The significant growth of the end-user industries, such as food and beverages, and agriculture in the region is catalyzing the demand of ammonium phosphate. The continuous investment in these industries is also expected to drive...
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