市場調查報告書
商品編碼
1364729
磷酸二銨市場 - 全球規模、佔有率、趨勢分析、機會、預測報告,2019-2029Diammonium Phosphate Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Application ; By Sales Channel ; By Region |
由於人們越來越關注糧食安全、土壤管理和產量,全球磷酸二銨 (DAP) 市場正在蓬勃發展。
領先的策略諮詢和市場研究公司 BlueWeave Consulting 在最近的一項研究中估計,2022 年全球磷酸二銨 (DAP) 市場規模為 431 億美元。 BlueWeave預測,2023-2029年預測期內,全球磷酸二銨(DAP)市場規模將以4.09%的年複合成長率成長,2029年達到548億美元。全球磷酸二銨(DAP)市場的主要成長促進因素是收入水準的提高、天氣模式和土壤條件的變化、耕地面積減少導致化肥使用量的增加以及支持不斷成長的全球人口的需求增加。需要增加農業生產。在旨在保護商業、工業和住宅環境中的環境、健康和安全的各種政策的推動下,對滅火產品的需求不斷成長,也促進了市場的擴張。農業領域對磷酸二銨的需求正在迅速增加,為了實現經濟效益,製造商在食品和農業領域更喜歡合成製劑而不是生物藥品。另一個驅動力是新興國家對糧食和農業的投資不斷增加,預計將進一步推動磷酸二銨市場的成長。然而,價格波動預計將限制預測期內的整體市場成長。
該報告的詳細分析提供了有關全球磷酸二銨(DAP)市場的成長潛力、未來趨勢和統計數據的資訊。它還涵蓋了推動市場總規模預測的要素。該報告致力於提供全球磷酸二銨(DAP)市場的最新技術趨勢以及產業見解,以幫助決策者做出明智的策略決策。此外,我們也分析了市場的成長促進因素、挑戰和競爭力。
Global diammonium phosphate (DAP) market is flourishing because of the growing focus on food security, soil management, and high yield.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global diammonium phosphate (DAP) market size at USD 43.1 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global diammonium phosphate (DAP) market size to grow at a CAGR of 4.09% reaching a value of USD 54.8 billion by 2029. Major growth drivers for the global Diammonium Phosphate (DAP) market include the rising income levels, evolving weather patterns and soil conditions, heightened fertilizer use due to shrinking arable land, and the necessity for increased agricultural production to support a growing global population. Also, increased demand for firefighting products, driven by various policies aimed at environmental, health, and safety preservation in commercial, industrial, and residential settings, is contributing to market expansion. The agricultural sector is experiencing a surge in diammonium phosphate demand, with manufacturers favoring synthetic agents over biological ones in the food and agriculture industries to attain economic efficiency. Another driving force is the growing investments in food and agriculture endeavors in developing nations are expected to further propel the diammonium phosphate market's growth. However, price volatility is anticipated to restrain the overall market growth during the forecast period.
The global Diammonium Phosphate (DAP) market refers to the worldwide industry and market space related to Diammonium Phosphate, a compound with the chemical formula (NH4)2HPO4. DAP is a type of fertilizer that contains both nitrogen and phosphorous, making it essential for plant growth and agriculture. This market encompasses the production, distribution, and trade of DAP products used primarily in the agricultural sector to enhance crop yields and promote plant health. The demand for DAP is driven by the need to improve agricultural productivity and feed the growing global population. Factors such as changing farming practices, food security concerns, and environmental sustainability also influence the dynamics of the global DAP market.
COVID-19 pandemic had mixed impact on the global diammonium phosphate (DAP) market. Initially, disruptions in the supply chain, labor shortages, and logistical challenges hindered the production and distribution of DAP fertilizers, causing temporary shortages and price fluctuations. Lockdowns and economic uncertainties led to reduced purchasing power among farmers, affecting fertilizer demand. However, as agriculture was deemed an essential sector, DAP usage rebounded in the mid-term, driven by the need to maintain food production. Long-term implications include an increased focus on food security and sustainable agriculture practices, potentially reshaping DAP market dynamics and driving innovations in production and distribution to enhance resilience in the face of future disruptions.
Based on application, the global diammonium phosphate (DAP) market is bifurcated into Fire Retardant and Food Fertilizers segments. The food fertilizers segment holds a higher share in the global DAP market by application during the forecast period. Diammonium hydrogen phosphate, an inorganic phosphate and ammonium salt of phosphoric acid, dissolves in water and is synthesized through the chemical reaction between ammonia and phosphoric acid. Widely employed in agriculture to enhance soil pH levels, its demand is rising, energizing the diammonium phosphate market. However, prolonged use leads to soil acidification due to ammonium nitrification. Also, escalating demand stems from diminishing arable land and the imperative for high-quality crop yields to sustain the growing populace.
Major players operating in the global diammonium phosphate (DAP) market include: Wuhan Waking Lion Chemicals, OCP Group, RPC, Wengfu Chemical, Mississippi Phosphates, Lanjian Chemical, Nutrien, Innophos, PhosAgro, Mosaic, Lifosa, and SinoFert. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Diammonium Phosphate (DAP) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Diammonium Phosphate (DAP) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.