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Phosphoric Acid Market Size to Grow USD 42520 Million by 2027 at a CAGR of 2.2% | Valuates Reports

Retrieved on: 
Monday, April 3, 2023

The global Phosphoric Acid market was valued at USD 36380 million in 2020 and it is expected to reach USD 42520 million by the end of 2027, growing at a CAGR of 2.2% during 2021-2027.

Key Points: 
  • The global Phosphoric Acid market was valued at USD 36380 million in 2020 and it is expected to reach USD 42520 million by the end of 2027, growing at a CAGR of 2.2% during 2021-2027.
  • Major Factors Driving the Growth of the Phosphoric Acid Market:
    The Phosphoric Acid market is primarily driven by rising demand from the food and beverage and fertilizer sectors as well as the expanding usage of phosphoric acid in fuel cells.
  • Opportunities for the phosphoric acid market can be found in the commercialization of chiral phosphoric acid as a catalyst and in the recovery of rare earth elements from phosphoric acid.
  • PHOSPHORIC ACID MARKET SHARE ANALYSIS:
    OCP, Mosaic, Yuntianhua, PhosAgro, Tongling Chemical Industrial Group, and others are major participants in the global phosphoric acid market.

Phosphoric Acid Market Size to Grow USD 42520 Million by 2027 at a CAGR of 2.2% | Valuates Reports

Retrieved on: 
Monday, April 3, 2023

The global Phosphoric Acid market was valued at USD 36380 million in 2020 and it is expected to reach USD 42520 million by the end of 2027, growing at a CAGR of 2.2% during 2021-2027.

Key Points: 
  • The global Phosphoric Acid market was valued at USD 36380 million in 2020 and it is expected to reach USD 42520 million by the end of 2027, growing at a CAGR of 2.2% during 2021-2027.
  • Major Factors Driving the Growth of the Phosphoric Acid Market:
    The Phosphoric Acid market is primarily driven by rising demand from the food and beverage and fertilizer sectors as well as the expanding usage of phosphoric acid in fuel cells.
  • Opportunities for the phosphoric acid market can be found in the commercialization of chiral phosphoric acid as a catalyst and in the recovery of rare earth elements from phosphoric acid.
  • PHOSPHORIC ACID MARKET SHARE ANALYSIS:
    OCP, Mosaic, Yuntianhua, PhosAgro, Tongling Chemical Industrial Group, and others are major participants in the global phosphoric acid market.

Electronic Wet Chemicals Global Market Report 2022 - ResearchAndMarkets.com

Retrieved on: 
Monday, August 1, 2022

The "Electronic Wet Chemicals Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electronic Wet Chemicals Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • The electronics wet chemicals market consists of sales of electronic wet chemicals by entities (organizations, sole proprietors, and partnerships) that produce high purity chemicals that are used in cleaning and etching applications during semiconductor production and processing.
  • This increase in demand for semiconductors is directly leading to the increase in demand for the electronic wet chemicals market.
  • The countries covered in the Electronic Wet Chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Global Phosphoric Acid Market Outlook to 2026 - Featuring Nutrien, IFFCO and Ural Chem Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 7, 2021

The "Global Phosphoric Acid Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Phosphoric Acid Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.
  • According to the publisher, the global Phosphoric Acid market is expected to witness a significant growth rate during the forecast period.
  • In the Agriculture Industry, Phosphoric acid is a key ingredient to manufacture fertilizers and is also used to provide nutrition to the crops.
  • Furthermore, the increase of Phosphoric Acid consumption in the healthcare and medical sectors is expected to increase over the coming years.