The global Phosphoric Acid market was valued at 3441.83 Million USD in 2021 and will grow with a CAGR of 2.29% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Phosphoric acid is a weak acid with the chemical formula H3PO4. It is widely used in fertilizer electronics, food and other industry.Phosphoric acid is an inorganic mineral acid and can be referred to as phosphoric (V) acid or orthophosphoric acid. In addition to being a chemical reagent, phosphoric acid acts as rust inhibitor, dental and orthopedic etchant, flux, electrolyte, industrial etchant, dispersing agent, home cleaning product and fertilizer feedstock. Phosphate fertilizer is a major application of phosphoric acid which consumes approximately 90% of the production.

By Market Verdors:

OCP

Mosaic

PhosAgro

PotashCorp (Nutrien)

Itafos

EuroChem

Tunisian Chemical Group (GCT)

Arkema

Solvay

ICL Performance Products

Hubei Xingfa Chemicals Group

Chengxing Group

Yunphos

IFFCO

Maaden

Wengfu Group

Yuntianhua

Tongling Chemical Industry Group

Kailin Group

Hubei Xinyangfeng Fertilizer

By Types:

Electronic Grade

Food Grade

Tech Grade

By Applications:

Fertilizers

Food & Beverages

Electronics

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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