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Report Description Phosphate rock is a sedimentary rock having huge concentration of phosphate minerals. The phosphate rock market can be segmented on the basis of sources from which it is mined such as marine phosphate deposits, igneous phosphate deposits, metamorphic deposits, biogenic deposits, and weathered deposits. Sedimentary and marinedeposits are the largest source for phosphate rock across the globe. The market can also be segmented on the basis of its end applications such as fertilizers, feed and food additives, industrial chemicalsand others. Based on applications, fertilizers is the largest segment in the global phosphate rock (PR) market due to its huge demand in the developing nations of Asia Pacific and Latin America.The fertilizer segment can be further sub-segmented into DAP (Di-ammonium Phosphate), MAP (Mono-ammonium Phosphate), and TSP (Triple superphosphate). Browse Market Research Report @ http://www.transparencymarketresearch.com/phosphate-rock-market.html The global phosphate rock market is expected to grow significantly in future primarily due to the growing world population and associated food demand which is increasing the demand for phosphate fertilizers. Phosphate fertilizers are needed for optimum crop production. By 2050, the global population is expected to reach 9.6 billion which will put pressure on farmers to produce more to feed this large population. Another major driver for the growth of the phosphate rock market is rise in per capita income in developing countries which will impact the dietary habits i.e. shift from mostly vegetarian diet to a diet with a higher volume of meat and dairy products. This in turn will increase demand for crops. According to Food and Agriculture Organization’s estimates, food production has to increase by 70% by 2050 in order to feed such a large number of people. This required growth in crop production will require additional land for cultivation along with intensification of agriculture, both of which will lead to increased demand for phosphate fertilizers. However, factors such as increasing awareness regarding use of bio-based eco-friendly fertilizers is expected to hamper the growth of the global phosphate rock market. Enter your information below to receive a sample copy of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5360 Phosphate rock reserves are majorly located in Morocco and Western Sahara. Together they constitute more than half of the total global reserve. Other major regions holding phosphate rock reserves are China, Russia, Algeria, Syria, Jordan, the U.S., Middle East, and South Africa. Developing countries such as India, China, Brazil, and South Africa are the major consumers for phosphate rock primarily in the form of phosphoric fertilizer. In developed countries of North America and Europe, there is low demand for phosphoric fertilizersdue to efficient use of fertilizers and buildup of phosphate in the soil. The global phosphate rock market is highly fragmented as none of the players hold a significant market share. The key players
operating in the global phosphate market includePotash Corp, MBAC Fertilizer Corp, Grange Resources, Phosphate Resources Limited, The Mosaic Company, WENGFU Group, Vale, AgriumInc, Anglo American, Shaw River Manganese Ltd, and Sterling Group Ventures Inc. The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications. The study is a source of reliable data on:
Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain. A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period. Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets
An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market. Read More Reports On Chemical Market: http://www.transparencymarketresearch.com/chemicalmarket-reports-2.html
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