Lewes, DE -- (SBWIRE) -- 07/02/2015 -- Report forecast the global phosphoric acid market to grow at a CAGR of 2.15% over the period 2015-2019.

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.

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)

According to the report, retail price administration and subsidies on the sales of fertilizers is a key driver of the market. Developing countries such as India rely on the retail price administration of fertilizer producers.

Further, the report states that increased health concerns and growing environmental awareness will result in a shift toward GM seeds. These seeds enhance crop yield and require only a small amount of fertilizers, thereby hindering the growth of the market.

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.

key players in the Global Phosphoric Acid Market: OCP SA, PhosAgro Co., PotashCorp, SinoFert Corp. and The Mosaic Co

Other Prominent Vendors in the market are: Acron Group, Agrium, CF Industries Holdings, EuroChem, GCT, IFFCO, Israel Chemicals, Jordan Phosphate Mines, Saudi Arabian Mining Co. and YTHIC

Key Regions
- APAC
- EMEA
- North America
- ROW

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?

Spanning over 105 pages and 53 Exhibits "Global Phosphoric Acid Market 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Global Phosphoric Acid Market, Market Segmentation by Applications, Market Segmentation by Production Process, Geographical Segmentation, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-phosphoric-acid-market-2015-2019

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