Trisodium phosphate

Global Phosphoric Acid Market (2020 to 2025) - Growth, Trends and Forecast - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 27, 2020

Fertilizers like Monoammonium Phosphate (MAP), Diammonium Phosphate (DAP) and Trisodium Phosphate (TSP) are produced from phosphoric acid.

Key Points: 
  • Fertilizers like Monoammonium Phosphate (MAP), Diammonium Phosphate (DAP) and Trisodium Phosphate (TSP) are produced from phosphoric acid.
  • The fertilizer industry is expected to dominate the global phosphoric acid market over the forecast period.
  • Owing to the above-mentioned factors, the application of phosphoric acid from fertilizer industry is likely to dominate during the forecast period.
  • Thus, rising demands from the aforementioned end-user industries is expected to drive the growth of phosphoric acid market in the Asia-Pacific region.